Cavaliers Rumors

Forbes Releases 2022 NBA Franchise Valuations

For the first time since Forbes began issuing annual valuations of NBA teams over two decades ago, a team other than the Knicks or Lakers ranks atop the publication’s list of 2022’s most valuable franchises.

According to Mike Ozanian and Justin Teitelbaum of Forbes, the Warriors are now considered the NBA’s most valuable club, with a record-setting valuation of $7 billion following a championship season.

Forbes’ duo explains that the Warriors generated more revenue and operating income in 2021/22 than any other team in NBA history, buoyed by $150MM in arena sponsorships and advertising, along with $250MM from premium seating.

While the Warriors enjoyed the biggest bump in value since Forbes’ most recent round of valuations, every other NBA team saw its valuation rise during that time as well, according to Ozanian and Teitelbaum, who say the average franchise is now valued at $2.86 billion. That’s 15% more than a year ago, despite the fact that the stock market is down 15% over the same time period.

Of the NBA’s 30 teams, only one – the Nets – lost money last season, per Forbes’ report, which states that record-setting sponsorship and advertising revenue ($1.35 billion last season) has put the league back on its “pre-Covid growth trajectory.” Further growth is anticipated going forward, with a new television and media deal to be negotiated in the coming years — it will take effect in 2025.

Although Forbes’ figures are just estimates and often don’t quite match up with the sale prices for franchises that change hands, they’re still useful for getting a sense of the league’s most and least valuable teams.

Here’s Forbes’ full list of NBA franchise valuations for 2022:

  1. Golden State Warriors: $7 billion
  2. New York Knicks: $6.1 billion
  3. Los Angeles Lakers: $5.9 billion
  4. Chicago Bulls: $4.1 billion
  5. Boston Celtics: $4.0 billion
  6. Los Angeles Clippers: $3.9 billion
  7. Brooklyn Nets: $3.5 billion
  8. Dallas Mavericks: $3.3 billion
  9. Houston Rockets: $3.2 billion
  10. Philadelphia 76ers: $3.15 billion
  11. Toronto Raptors: $3.1 billion
  12. Miami Heat: $3 billion
  13. Phoenix Suns: $2.7 billion
  14. Washington Wizards: $2.5 billion
  15. Milwaukee Bucks: $2.3 billion
  16. Portland Trail Blazers: $2.1 billion
  17. Cleveland Cavaliers: $2.05 billion
  18. Sacramento Kings: $2.03 billion
  19. Utah Jazz: $2.025 billion
  20. San Antonio Spurs: $2 billion
  21. Atlanta Hawks: $1.975 billion
  22. Denver Nuggets: $1.93 billion
  23. Detroit Pistons: $1.9 billion
  24. Oklahoma City Thunder: $1.875 billion
  25. Orlando Magic: $1.85 billion
  26. Indiana Pacers: $1.8 billion
  27. Charlotte Hornets: $1.7 billion
  28. Minnesota Timberwolves: $1.67 billion
  29. Memphis Grizzlies: $1.65 billion
  30. New Orleans Pelicans: $1.6 billion

Central Notes: Garland, Osman, Burks, Turner

Cavaliers All-Star point guard Darius Garland, still dealing with a left eyelid laceration, is not expected by head coach J.B. Bickerstaff to return to Cleveland’s lineup for its contest against the Magic tomorrow, per Kelsey Russo of The Athletic (Twitter link).

“He’s doing stuff on the floor now, breaking a sweat,” Bickerstaff said. “Again, time will tell how far the swelling goes down and how quickly.”

Thus far this year, Garland’s only on-court action has come during the Cavaliers’ opener last Wednesday. He was only available for 13 minutes before leaving due to the injury.

There’s more out of the Central Division:

  • Cavaliers small forward Cedi Osman is fitting into the niche role head coach J.B. Bickerstaff wants him to fulfill this season, according to Chris Fedor of Cleveland.com. “I know what J.B. expects of me every night,” Osman told Fedor last Saturday. “Most importantly, he expects energy and defensive effort from me every time I’m on the floor. I’m aware of that. I’m capable of doing it.” Bickerstaff added, “What we have told Cedi is he is not a make-or-miss player,” he said. “He is a two-way impact guy… We will never take him out for missing a shot because he has the ability to be a sparkplug on both ends of the floor.”
  • Journeyman Pistons shooting guard Alec Burks, still working through a fractured left navicular bone, has been scrimmaging with teammates in three-on-three and four-and-four practices, per Mike Curtis of The Detroit News. Curtis adds that Burks is expected to slot in as a reserve playmaker when he does fully recover. “He’s still a ways away,” Detroit head coach Dwane Casey said. “Not putting a timetable on it. He’s getting some work in, but nothing live.
  • Pacers center Myles Turner, who has yet to suit up for Indiana while dealing with a sprained left ankle, has had his status upgraded to questionable ahead of tomorrow’s game against the Bulls, per Scott Agness of Fieldhouse Files (Twitter link). Agness adds that Turner practiced with the Pacers today.

Team USA Rumors: Young, Beal, Allen, Embiid

Under former USA Basketball managing director Jerry Colangelo, continuity was a top priority for the men’s national team. Colangelo required players to make two-year commitments to the program, maintained a pool of about 40 Team USA players, and conducted training camps in summers when there was no major international competition.

However, as Joe Vardon of The Athletic details, new managing director Grant Hill has decided to take a different approach, having concluded – along with new Team USA head coach Steve Kerr – that it’s not realistic to expect NBA superstars to commit back-to-back summers to the national program.

The plan for Team USA is to spend the next several months, into the spring, building the team that will represent the country at the World Cup in the Philippines next fall. USA Basketball will then repeat that process the following year in preparation for the 2024 Olympics in Paris, Vardon writes.

While it remains to be seen which players will ultimately suit up for Team USA at those two events, Vardon’s article includes some additional info on potential candidates. Here are some highlights:

  • Hawks star Trae Young has long wanted to play for Team USA at a World Cup or Olympics, but hasn’t gotten the chance to do so yet. He’s optimistic he’ll get that chance now that Hill – a minority owner of the Hawks – is so involved in the process. “It’s exciting, knowing someone who has more of a say,” Young told Vardon.
  • Wizards star Bradley Beal missed the last World Cup due to the birth of his son and also had to sit out of the Olympics after contracting COVID-19, but he’s interested in playing for the team going forward. “I definitely see myself playing for USA,” Beal told Vardon. “That’s always been a goal of mine, obviously to play in the Olympics, but there’s a step to get there (the World Cup). So if it’s available to me, for sure.”
  • Cavaliers center Jarrett Allen is receiving “heavy consideration” from Team USA officials, according to Vardon. Allen would be interested if he’s invited to take part, telling Vardon he would “take a lot of pride in representing us on a stage in front of the world.”
  • Confirming a previous report from Marc Stein, Vardon says Team USA is very interested in Joel Embiid, a native of Cameroon who has French and U.S. citizenship. USA Basketball hasn’t begun a formal recruitment of Embiid, but doesn’t want to see him join a French frontcourt that already features Rudy Gobert and Victor Wembanyama.
  • Jayson Tatum, Bam Adebayo, Devin Booker, Khris Middleton, and Zach LaVine are among the players who won gold with Team USA in Tokyo and would be welcomed back if they want to play in the 2023 World Cup, says Vardon.

Trade Breakdown: Donovan Mitchell To Cavaliers

This is the 11th installment in our series breaking down the major trades of the 2022 offseason. As opposed to giving out grades, this series explores why the teams were motivated to make the moves they did. Let’s dive into a blockbuster deal between the Cavaliers and Jazz


On September 3, the Jazz shocked the NBA world by trading Donovan Mitchell to the Cavaliers in exchange for Lauri Markkanen, Collin Sexton (via sign-and-trade), No. 14 overall pick Ochai Agbaji, the Cavaliers’ unprotected first-round picks in 2025, 2027 and 2029, and the right to swap first-round picks with the Cavaliers in both 2026 and 2028.

Part of what made the trade with Cleveland so surprising is that nearly everyone – including Mitchell – expected him to be dealt to New York. I’m not interested in going into that hypothetical much since it didn’t happen, but I do think the Cavs were in a much better position than the Knicks to deal away significant assets.

The Cavaliers’ Perspective:

Over the past 25 years, Cleveland has made the playoffs one time without LeBron James – all the way back in 1998 under former head coach Mike Fratello. With James, the Cavs made nine postseason appearances in 11 seasons, including five trips to the NBA Finals and one championship in 2016 (the Cavs were the underdog in each of those matchups).

In those 11 seasons with James on the roster, the Cavs went 560-342 – a .621 winning percentage, or an average of almost 51 wins over an 82-game season. In the 14 seasons without James during that 25-year span, the Cavs went 420-735 – a .352 winning percentage, or an average of just under 29 wins in an 82-game season.

In the three years after James joined the Lakers in free agency in 2018, the Cavs were the worst team in the NBA, compiling a 60-159 record – a .274 winning percentage, equivalent to just over 22 wins in an 82-game season.

The reason I bring up the Cavaliers’ recent history is because they turned things around in 2021/22, finishing with a 44-38 record. Injuries derailed what had been a great start and they ultimately lost both of their games in the play-in tournament, missing out on the playoffs once again, but the season was still a resounding success.

In many ways, Cleveland’s situation entering the ’22/23 offseason mirrored Minnesota’s – both teams had been very bad without their superstars (Kevin Garnett for the Wolves), but showed a lot of promise last season. Both the Cavs and Wolves are in the midwest, feature talented young cores, and are not free agent destinations. Both were worried about the losing momentum they had gained from last season, so they made blockbuster trades with the Jazz.

The ability to acquire a 26-year-old three-time All-Star with three years remaining on his contract is extremely difficult to pull off, and the Cavs were able to land Mitchell without including any of Darius Garland, Evan Mobley or Jarrett Allen, the team’s other core players. Mitchell holds a player option in ‘25/26, but he’s highly likely to turn it down considering the salary cap is expected to go up exponentially in 2025 with a new media rights deal.

Mitchell is not a perfect fit for the roster. At 6’1″, he’s the same height as Garland, leading to defensive concerns, particularly in the playoffs against top teams. Mitchell has been below average on that end the past few seasons, and was particular poor in ‘21/22.

During the ‘21/22 regular season, opponents shot 4% better than their expected field goal percentage with Mitchell as the closest defender, which ranked 245th out of 273 players who played at least 50 games, per NBA.com. During the playoffs, he was a complete disaster defensively, with opponents shooting 9.6% better than expected – a figure that would have ranked dead last in the NBA in seven of the last nine regular seasons.

Obviously, those figures need to improve. Relying on Mobley and Allen to cover up his mistakes is not an answer to that problem, just as it wasn’t with Rudy Gobert. Mitchell needs to hold himself accountable and play with much more effort on that end.

It’s important to note that defensive field goal percentage is only one statistic and Mitchell does some things well defensively, like forcing turnovers. Last season, he ranked 23rd in the league in deflections per game (2.4) and 11th in steals per game (1.5).

He certainly has the physical attributes to be at least an average defender, if not better, like he was his first couple of seasons. Despite his relative lack of height, Mitchell possesses a 6’10” wingspan and a strong 215-pound frame, and he’s a top-tier athlete. He has been a motivated and willing defender through three games with Cleveland; we’ll see if that continues.

Mitchell makes up for defensive concerns with his offensive skill. He is an elite shot creator who was the best offensive player on the league’s top-ranked regular season offense in ‘21/22.

He has been outstanding in his first three games (38.0 MPG) with the Cavs, averaging 33.3 PPG, 5.3 RPG, 7.0 APG and 2.0 SPG on .493/.423/.875 shooting. Those numbers aren’t sustainable, but he’s been highly impressive nonetheless playing without Garland, who is currently dealing with an eye injury.

With an explosive first step and a large package of dribble-drive moves, Mitchell is extremely difficult to contain. Because he’s such a strong two-footed leaper, he only needs a sliver of space to get his jump shot off.

As a three-level scorer, Mitchell can put the ball in the hoop in a variety of ways: he can play with or without the ball, finish at the basket, draw contact, and is a very good shooter. From 2020-22, he averaged 26.1 PPG, 4.3 RPG, 5.3 APG and 1.3 SPG on .444/.368/.849 shooting.

Mitchell is an opportunist — if he sees an opening, he exploits it without hesitation. He’s nearly unstoppable if he gets a half step on his opponent due to his excellent body control and ability to change direction and speed on the fly, particularly favoring Euro-steps near the basket.

As Mitchell grew as a player, so to did Utah’s offensive rating, climbing each of his five seasons: from 16th to 14th to ninth to fourth to first. That is not a coincidence.

It’s true that the Jazz built their offensive system around Mitchell, surrounding him with strong screen-setters and shooters who could space the floor and move the ball intelligently. It’s reasonable to say Mitchell benefited from that, particularly the complementary play-makers.

It’s also reasonable to say that he’s a good enough offensive player to build your entire system around and be the top offense in the league during the regular season.


Unlike Gobert, whom I previously characterized as a floor-raiser due to his elite interior defense and rebounding, Mitchell is a ceiling-raiser due to his elite shot creation ability and high-level scoring. The Cavs are certainly hoping he can help take them to the next level.

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Mitchell Looked Upon As Leader

  • The Cavaliers have already embraced Donovan Mitchell as a leader, according to Kelsey Russo of The Athletic. “He’s just a good dude,” center Jarrett Allen said. “That’s what it boils down to. He is easy to talk to; he doesn’t boast about his accomplishments, he is one of the hardest workers every single game in the gym. It’s easy to root for a guy like that and easy to follow somebody’s lead like that.”

Spurs Notes: Bassey, Jones, Langford

Charles Bassey‘s representatives spoke to 22 teams after the big man was waived by Philadelphia on October 13, including the Pistons, Cavaliers, Suns, and Raptors, reports Keith Pompey of The Philadelphia Inquirer. However, according to Pompey, most of the teams that reached out to Pompey wanted to sign him to an Exhibit 10 contract and have him play on their G League affiliate this season.

Some of those G League offers might’ve resulted in a promotion to the NBA later this season or in 2023/24, but Bassey didn’t want to settle — he ultimately signed a two-way contract with the Spurs earlier today.

“I didn’t want to wait for the next year for a roster spot,” Bassey said, per Pompey. “That’s too long. The Spurs came hard … Some of the teams wanted to give me a roster spot, but they couldn’t give me one right now. I just didn’t want to go through that (Exhibit 10/G League) route. San Antonio said, ‘We can give you a two-way this year and we’ll see where it goes from there.'”

It’s a homecoming of sorts for Bassey, who lived in San Antonio when he first moved to America from Nigeria in 2015 and still has some family in the city. He also believes the franchise is an ideal fit for him.

“It’s a young organization,” Bassey said. “They are rebuilding. I feel like I’m going to have a great chance to play in a pretty good organization. And it’s a character organization. Everybody does stuff the same. … I feel like I’m going to fit right in.”

Here’s more on the Spurs:

  • In an in-depth story for The San Antonio Express-News, Tom Orsborn takes a look at how Tre Jones is embracing what he calls a “big opportunity” to start at point guard for the Spurs this season. Jones is averaging 16.3 PPG on 53.1% shooting in his first three games this season, a significant step up from last season’s 6.0 PPG on 49.0% shooting. “When we find guys we think have that potential (to be leaders), we try to help it grow,” head coach Gregg Popovich. “Tre has just got it. Some people don’t, some people do. I remember Coach K (former Duke coach Mike Krzyzewski) telling me about what I would like about Tre, and that was one of the major things. He is just a born leader.”
  • The battle for the Spurs’ 15th regular season spot entering the season was believed to come down to Romeo Langford vs. Joe Wieskamp, with Langford ultimately making the team. Asked what he wants to see from Langford this season, Popovich said he believes the former Indiana standout has the potential to be a “hell of a defender,” per Scott Agness of Fieldhouse Files (Twitter link).
  • Here’s more from Popovich on Langford: “He’s got quick feet, he’s really long, he anticipates well, and he’s got a real bounce to him. Offensively, I think confidence is what he needs right now. I think he an become a two-way player. He can score at one end and really shake it up at the defensive end. That’s what I’ve seen from him in the short time I’ve been around him and that’s why we kept him.”

Central Notes: J. Green, Bulls, Cavs, Giannis

After a slow start to the season for Patrick Williams, K.C. Johnson of NBC Sports Chicago thinks it’s time for Javonte Green to replace him in the Bulls‘ starting lineup.

According to Johnson, the switch would be less about the individual play of the two forwards and more about how they fit with the starters. Johnson notes that Williams’ deferential nature often means that he’s too passive playing along All-Stars Zach LaVine, DeMar DeRozan and Nikola Vucevic, and moving him to the bench might enable him to be more assertive.

Green, meanwhile, plays with consistent energy and competitive fire, even if he’s undersized at 6’4″. He started 45 games last season in place of the injured Williams, so he has familiarity with that unit.

Green will be an unrestricted free agent next summer and Williams will be eligible for a rookie scale extension, so the 2022/23 season is a big one for both players.

Here’s more from the Central:

  • The Bulls had some glaring weaknesses exposed by Cleveland during Saturday’s blowout loss, according to Darnell Mayberry of The Athletic. As Mayberry writes, the defense, consistency and energy were all lacking, which was undoubtedly disappointing for fans in the home opener. The Bulls have also struggled with outside shooting in the early going, Mayberry notes, converting just 29.3% of their three-point attempts during their 1-2 start to the season.
  • The Cavaliers‘ team-first approach was on full display in the 128-96 victory over the Bulls, writes Chris Fedor of Cleveland.com. Head coach J.B. Bickerstaff said he’s never been around a locker room that has embraced his “the strength of the team is the team” motto as much as his current group. “It’s the reality of it. Every night, we might not be the most talented team on the floor, but we can be the best team. We take that seriously,” Bickerstaff said. “It’s something that we try to grow every single day. It’s not something where the lights kick on and we fake it. Our guys genuinely care about each other on a level that I haven’t seen on a team before. It’s special what’s in that locker room.”
  • Two-time MVP Giannis Antetokounmpo continues to amaze teammates after scoring 44 points (on 17-of-21 shooting), pulling down 12 rebounds and dishing three assists in just 28 minutes of action during the Bucks‘ 125-105 victory over the Rockets, per Eric Nehm of The Athletic. “I mean, you’ve run out of words to describe a guy like that, right?Brook Lopez said. “I can’t imagine you guys actually have to write. I don’t know how you guys don’t just send in the same article over and over with the same adjectives and everything like that. Because you need some ways to just describe how his game grows. It’s tough.”

Trade To Cavs Surprised Donovan Mitchell; Darius Garland Hopes To Return Friday

  • Donovan Mitchell was surprised to wind up with the Cavaliers when the Jazz decided to pull the trigger on a trade. During an appearance this week on JJ Redick’s podcast, Mitchell talked about spending the summer playing in pro-ams in Florida and thinking he might be headed to the Heat. “Miami, New York, where else?” Mitchell said. “Maybe Washington. Those were the three in my head that I thought, ‘Okay, if anything were to happen, it would probably be on that side.’”
  • Cavaliers guard Darius Garland, who missed another game tonight with a laceration of his left eyelid, hopes to return on Friday, although a source tells Chris Fedor of Cleveland.com that he may be out even longer. There’s no structural damage, Fedor adds, and Garland won’t need surgery. Fedor’s source said the swelling has eased up and Garland was able to open the eye slightly today for the first time since the injury.

Merrill Could Be Top G League Pick

The Cleveland Charge, the Cavaliers’ affiliate, hold the top pick in the upcoming NBA G League draft and guard Sam Merrill could be the top pick, Marc Stein tweets. Merrill was waived late in training camp by the Kings. He played six games for Memphis last season and 30 for Milwaukee the previous year.

Injury Notes: Garland, Embiid, Curry, J. Murray, More

Cavaliers point guard Darius Garland, a first-time All-Star last season, has been ruled out of Saturday’s game at Chicago due to his eye injury, according to Chris Fedor of Cleveland.com (Twitter links). Garland didn’t travel with the team and the “current feeling” is that Garland is “improbable” to play in Cleveland’s home opener on Sunday against Washington, Fedor adds.

Garland suffered a lacerated eyelid when he was inadvertently poked in the eye by Gary Trent Jr. in the second quarter of the Cavs’ 108-105 loss to the Raptors on Wednesday. Fedor reported on Thursday that Garland does not have structural damage and won’t require surgery.

Here are some more injury-related notes from around the NBA:

  • Sixers head coach Doc Rivers says that Joel Embiid‘s conditioning was impacted by plantar fascitiis during the offseason, as Noah Levick of NBC Sports Philadelphia relays. “He had a little plantar fasciitis before the season started — before training camp — and that took him off his conditioning program,” Rivers said. “And so he’s back on that. But listen, he’s playing with the right intentions. He just didn’t play well, and that’s OK, too. That’s going to happen. We’ve still got to win those games.” The Sixers dropped their first two games of the season, with Embiid looking pretty sluggish. Rivers reiterated that Embiid is no longer dealing with the injury, but needs to regain his rhythm and conditioning.
  • Guard Seth Curry (offseason ankle surgery) is likely to travel with the Nets for their two-game road trip next week, but “probably” needs more practice time before he returns to action, head coach Steve Nash said on Friday (Twitter link via Brian Lewis of The New York Post).
  • Nuggets guard Jamal Murray, who played his first regular season game on Wednesday since suffering a torn ACL in April 2021, is out for Friday’s game against the Warriors, head coach Michael Malone told reporters (Twitter links via Kendra Andrews of ESPN). According to Andrews, Malone said the Nuggets are resting Murray because Friday is the first of a back-to-back. However, that might not be the case for the entire season, Malone added.
  • No. 4 overall pick Keegan Murray will make his debut on Saturday against the Clippers after being a full participant in Friday’s practice, a source tells ESPN’s Marc J. Spears. Murray was fully cleared by the Kings after exiting the health and safety protocols, Spears writes.
  • Dillon Brooks (left thigh soreness) and Ziaire Williams (right knee soreness) missed their second consecutive games for the Grizzlies on Friday, the team announced (via Twitter). Memphis won its opener against New York and defeated Houston in game two.