Mavericks Rumors

Forbes Releases 2020 NBA Franchise Valuations

The Knicks have had a miserable 12 months, finishing the 2018/19 season with a league-worst 17 wins, missing out on their top free agent targets, and then firing head coach David Fizdale and president of basketball operations Steve Mills during the 2019/20 season.

None of that seems to have had a noticeable impact on the team’s market value though. Once again, the franchise is considered the most valuable of any of the NBA’s 30 clubs, according to a report from Kurt Badenhausen of Forbes. The Lakers and Warriors aren’t far behind, having both surpassed the $4 billion mark for the first time this year.

For the first time, all 30 NBA teams have a perceived worth of $1.3 billion or more, per Forbes’ annual report. Every team’s value increased by at least 6% since Forbes put out their 2019 valuations last February, with a handful of franchises jumping by 20% or more.

The NBA-wide average of $2.12 billion per team in 2020 is also a new record — that league-wide average surpassed the $2 billion mark for the first time. NBA franchise values are up almost sixfold over the last decade, according to Badenhausen.

Here’s the full list of NBA franchise valuations, per Forbes:

  1. New York Knicks: $4.6 billion
  2. Los Angeles Lakers: $4.4 billion
  3. Golden State Warriors: $4.3 billion
  4. Chicago Bulls: $3.2 billion
  5. Boston Celtics: $3.1 billion
  6. Los Angeles Clippers: $2.6 billion
  7. Brooklyn Nets: $2.5 billion
  8. Houston Rockets: $2.475 billion
  9. Dallas Mavericks: $2.4 billion
  10. Toronto Raptors: $2.1 billion
  11. Philadelphia 76ers: $2 billion
  12. Miami Heat: $1.95 billion
  13. Portland Trail Blazers: $1.85 billion
  14. San Antonio Spurs: $1.8 billion
  15. Sacramento Kings: $1.775 billion
  16. Washington Wizards: $1.75 billion
  17. Phoenix Suns: $1.625 billion
  18. Denver Nuggets: $1.6 billion
  19. Milwaukee Bucks: $1.58 billion
  20. Oklahoma City Thunder: $1.575 billion
  21. Utah Jazz: $1.55 billion
  22. Indiana Pacers: $1.525 billion
  23. Atlanta Hawks: $1.52 billion
  24. Cleveland Cavaliers: $1.51 billion
  25. Charlotte Hornets: $1.5 billion
  26. Detroit Pistons: $1.45 billion
  27. Orlando Magic: $1.43 billion
  28. Minnesota Timberwolves: $1.375 billion
  29. New Orleans Pelicans: $1.35 billion
  30. Memphis Grizzlies: $1.3 billion

The Raptors are among this year’s big “winners,” with their value rising 25%, from $1.675 billion a year ago to $2.1 billion this year following their first NBA championship. The Clippers also had a noteworthy bump, moving from ninth place on Forbes’ list to sixth after landing Kawhi Leonard and Paul George last summer.

Although every franchise’s value increased, the Nets had the smallest jump, just 6%. The Magic‘s modest 8% increase resulted in the team slipping from 23rd on last year’s list to 27th this year.

It’s worth noting that when a franchise has been sold in recent years, the price often exceeds Forbes’ valuation, so these figures are just estimates.

Mavericks Sign Michael Kidd-Gilchrist, Waive Ryan Broekhoff

FEBRUARY 11: The Mavericks have officially signed Kidd-Gilchrist and waived Broekhoff, the team announced today (via Twitter).

FEBRUARY 10: Former Hornets forward Michael Kidd-Gilchrist will sign with the Mavericks, who will waive shooting guard Ryan Broekhoff to carve out roster space for their new addition.

ESPN’s Adrian Wojnarowski and Tim MacMahon (Twitter link) first reported Kidd-Gilchrist’s contract agreement, while Marc Stein of the New York Times first reported that the two sides were nearing a deal and that Dallas would cut Broekhoff (Twitter links).

After Kidd-Gilchrist fell out of favor in Charlotte’s rotation and the team opted not to move his expiring contract, he agreed to a buyout in the final season of his four-year, $52MM contract. The former No. 2 overall pick appeared in only 12 games for the Hornets this year, after being a defensive staple in prior seasons. The Mavericks hope he can help flesh out their roster depth as they grapple with a wave of injuries.

The 6’6″, 29-year-old Broekhoff has appeared in 59 games during his two seasons with the Mavericks, including one start this season. Though seldom used (he’s averaging 10.7 minutes per game), Broekhoff is a career 40.3% long-range shooter on 2.4 looks a night, and connects on 81.5% of his free-throw attempts.

Brad Townsend of The Dallas Morning News tweets that Broekhoff is “universally loved” in Dallas’ locker room, but his expiring, minimum-salary contract made him the club’s most logical release candidate. He’ll clear waivers later this week if he goes unclaimed.

According to an earlier report, Kidd-Gilchrist surrendered $810,763 of his $13MM salary for 2019/20 in his buyout with Charlotte. He’ll make nearly that entire amount back on his new minimum-salary deal with Dallas.

Photo courtesy of USA Today Sports Images.

Mavs Rumors: Len, Wright, J. Jackson

Southeast Notes: Young, Ennis, Clifford, Curry

The Hawks brought in a major acquisition ahead of last Thursday’s trade deadline, trading for center Clint Capela in a four-team deal that featured 12 different players.

General manager Travis Schlenk also traded Jabari Parker and Alex Len to Sacramento in exchange for Dewayne Dedmon and a pair of second round-picks, later acquiring Skal Labissiere and cash from Portland for a 2024 second-round pick.

The deals received high praise from observers around the league, none more important than one figure in particular: All-Star point guard Trae Young.

“It’s hard to tell because we haven’t played with each other,” Young said when asked how good this current group of players could be, as relayed by Chris Kirschner of The Athletic. “I think once we play with each other well really be able to feel if it’s going good. Everyone wants instant gratification and instantly knowing what’s going to happen and what we should expect, but we really don’t know until we play with each other. I feel like it’s going to be great for us but I don’t really know until we play together.

“I definitely feel like a lot of teams made some good moves, but we are up there with making some of the biggest moves. We got some really good guys and I definitely think we are one of the winners of the trade deadline.”

Atlanta now sports a promising core of Young, Capela, Kevin Huerter and John Collins, along with young talents such as De’Andre Hunter and Cam Reddish. The one major question remains how far this group could go in the improving Eastern Conference.

“I think we’re right there,” Young said. “I think we’re ready to make that jump.”

Here are some other notes from the Southeast Division:

  • Magic forward James Ennis hopes to find some stability with his new team, Luis Torres of the Orlando Sentinel writes. Ennis, a proven six-year NBA veteran, saw his playing time suddenly decrease in Philadelphia and was traded to Orlando in exchange for a second-round pick last week. Ennis consulted with family members and agent Scott Nichols of Rize Management before ultimately waiving his no-trade clause and accepting the trade. “It came down to what was best for me,” Ennis said. “I gave up a lot in the summer to go [back] to Philly so it was time for me to be selfish. When I saw Orlando wanted me, I was like, ‘I’m gonna go there.’ I feel like it’s a good fit.”
  • Magic head coach Steve Clifford was fined $25,000 by the NBA for verbally abusing game officials, the league announced in a press release. The incident occurred at the end of the team’s loss in New York last Thursday.
  • Mavericks guard Seth Curry would welcome the opportunity to play in his hometown in Charlotte with the Hornets at some point in his career, Rick Bonnell of the Charlotte Observer relays. “I’d love to,” Curry said following the team’s win against Charlotte on Saturday. “If the opportunity came about, I would embrace it.” Curry’s contract with Dallas runs through 2023, so he’s expected to remain with the Mavs for the foreseeable future.

Southwest Notes: Holiday, Covington, Doncic, Lyles

Pelicans shooting guard Jrue Holiday was excited to remain in New Orleans through the trade deadline this season, as he explained to The Athletic’s William Guillory. The 29-year-old Holiday, considered one of the best defensive guards in the league, is on the third year of a fairly reasonable five-year, $126MM contract.

Holiday held appeal for several contending teams looking to shore up their backcourt ahead of a playoff push, including the Heat and Nuggets. The Pelicans themselves are just 4.5 games out of the No. 8 seed in the Western Conference. With 2019 No. 1 draft pick  Zion Williamson finally debuting on January 22, New Orleans valued Holiday too much to make a deal just yet.

“I feel like what we’re doing here is something promising,” Holiday told Guillory of his season with the new-look Pelicans. “Obviously with the new management and the new guys coming in, we’re fairly young but we’re all very, very hungry. What we have here, we can build together.”

There’s more out of the Southwest Division:

  • New Rockets forward Robert Covington and his very reasonable four-year, $47MM contract took him from overlooked role player to highly coveted glue guy very quickly ahead of this season’s trade deadline, as Jonathan Feigen of the Houston Chronicle details.
  • Mavericks head coach Rick Carlisle is optimistic that All-Star guard Luka Doncic will return to the court ahead of the All-Star break, according to Callie Caplan of the Dallas Morning News (Twitter link). “That’s not definite, but that’s the hope,” Carlisle said.
  • The future of Spurs bench big man Trey Lyles in San Antonio is appraised by the San Antonio Express-News’ Jeff McDonald. Lyles is averaging a robust 5.3 points and 5.7 rebounds in just 18 minutes per game for the club. He has suited up 51 games, including 41 starts. The 6’9″ Kentucky alum signed a two-year, $11MM contract with San Antonio this summer. Only $1MM of his $5.5MM salary next year is guaranteed.

Hornets Waive Michael Kidd-Gilchrist

1:15pm: The Hornets have officially waived Kidd-Gilchrist, according to Rick Bonnell of the Charlotte Observer.

Charlotte now has two open roster spots and $5.2MM of its mid-level exception for the 2019/20 season left to spend, which the team could use to add G-League prospects, according to ESPN’s Bobby Marks (via Twitter).

11:50pm: The Hornets are finalizing a buyout with forward Michael Kidd-Gilchrist, according to ESPN’s Adrian Wojnarowski and Tim MacMahon (Twitter link). The Mavericks have emerged as a favorite to sign Kidd-Gilchrist once he clears waivers, Wojnarowski adds.

We relayed earlier this week with the trade deadline looming that Dallas had “kicked the tires” on Kidd-Gilchrist, among others. The veteran forward was once a reliable starter for the Hornets, with whom he has spent his entire career after being the second overall pick in the 2012 NBA Draft.

This season, however, the 26-year-old has appeared in just 12 games and is averaging 4.0 PPG and 2.9 PPG. Kidd-Gilchrist opted in to his $13MM option over the summer and entered camp this past fall without a defined role.

As he heads for free agency this summer, Kidd-Gilchrist could set himself up for a decent payday by playing well with a contending team down the stretch.

Western Notes: Wiggins, Collison, Warriors

While Andrew Wiggins‘ contract, which has over $94MM left on it after this season, may seem like it is a negative mark on his trade value, that perception is no longer the reality around the league.

The Timberwolves knew they likely had to move Wiggins (for salary-matching purposes) and reached out to other teams about taking on the 24-year-old prior to agreeing to terms with the Warriors.

The former No. 1 pick has improved his value considerably since last season — part of that is him buying into the plan set forth by Minnesota’s player development staff. Wiggins is finding better looks and taking a more cerebral approach to the game this year after putting in substantial work during the offseason.

Here’s more from the Western Conference:

  • The Timberwolves had spoken to the Mavericks about a Wiggins deal prior to trading him to the Warriors, per a source. It’s unclear how far those talks went.
  • Former NBA wing Matt Barnes remains close with Darren Collison and says the point guard is “50/50” on returning to the league, as ESPN’s Rachel Nichols tweets. It was previously reported that if Collison returns, he’d prefer to go to the Lakers or Clippers.
  • The Warriors trading Alec Burks and Glenn Robinson III caught the locker room by surprise. “So this was a blindside,” one member of the team told Anthony Slater of The Athletic. Prior to the team’s matchup on Wednesday night, the front office pulled Burks and Robinson from pre-game shootaround, signaling that the duo was going to be traded.

Mavericks Attempted To Acquire Danny Green

As the trade deadline approached, it seemed Marcus Morris was heading to Los Angeles one way or another; it was just a matter of if it was going to be the Lakers or the Clippers. It ended up being the latter in a deal that saw Maurice Harkless and a 2020 first-round pick, among other pieces, head to New York.

[RELATED: Clippers to acquire Marcus Morris in three-team trade]

Had the Lakers found success with obtaining Morris, the Mavericks would have attempted to take Danny Green off their hands, according to Brad Townsend of the Dallas Morning News (Twitter links).

As Ramona Shelburne of ESPN tweets, New York was looking to acquire both Kyle Kuzma and Green in talks with the Lakers, who would have had to salary-match Morris’ $15M contract. The Knicks would’ve then flipped Green to Dallas. However, the Lakers were unwilling to part with both Kuzma and Green.

Dallas pursued Green over the summer. The shooting guard decided to sign with the Lakers over Mark Cuban‘s squad. He’s making $14.6M this season and will take home $15.4M next year.

To trade for Green, the Mavericks would have had to give up Courtney Lee‘s expiring contract and Golden State’s 2020 second-round draft pick, a source tells Townsend (Twitter link). That pick currently projects to be 31st overall.

Warriors Expected To Trade Alec Burks, Glenn Robinson III

Alec Burks and Glenn Robinson III won’t play for the Warriors in tonight’s game at Brooklyn in anticipation of possible trades before tomorrow’s deadline, tweets Marc Stein of The New York Times.

A trade involving Burks is “imminent,” according to Anthony Slater of The Athletic (Twitter link), who hears the team is closing in on a Robinson deal as well (Twitter link).

Both players have been the subject of trade rumors in recent weeks, with the Mavericks among the teams interested in Burks. Both signed one-year, minimum-salary ($1,620,564) contracts in free agency last summer, so salary matching won’t be a concern.

Burks has provided a scoring boost for the injury-depleted Warriors, averaging a career-best 16.1 PPG through 48 games while shooting 37.5% from beyond the arc. Robinson has been a full-time starter and is averaging 12.9 points per night.

Golden State guard D’Angelo Russell, who has also been mentioned prominently in trade rumors, is playing tonight, Stein tweets.

Trade Rumors: Wolves, Wizards, Kennard, Valentine, Burks, More

Timberwolves forward Robert Covington has been one of the most-discussed trade candidates leading up to this year’s deadline, and looks like one of the likeliest players to be on the move. While star teammate Karl-Anthony Towns will understand if Covington is dealt, he admitted in a conversation with Sam Amick of The Athletic and Chris Hine of The Star Tribune that he’s not thrilled by the idea.

“I think it’s very obvious he’s my best friend on the team, so it would be very difficult if something like that was going to happen,” Towns said of Covington. “But like with Zach LaVine (traded from the Timberwolves to Chicago in 2017) , you know this is a business. So like I said, I’m the one who just plays the game. I don’t get paid to make rosters and stuff like that.”

As Amick and Hine note, Towns said it’s not his job to make roster decisions and expressed confidence in Timberwolves president of basketball operations Gersson Rosas to make those calls. Still, given how aggressively the front office has pursued D’Angelo Russell, one of Towns’ best friends, it’ll be interesting to see if the team is willing to part with Covington – another one of KAT’s good friends – if there’s no guarantee that doing so will land D-Lo in Minnesota.

“I don’t get paid to make those decisions,” the Timberwolves’ franchise player said. “Those are tough decisions, but here’s to hoping that I see Cov on Friday, I guess. … He’s a great guy, a great dude. He’s a great player. He’s helped me tremendously and he’s continuing to help me every day. He just gives me such comfort out there.”

Here are more trade rumors from around the NBA:

  • As first referenced by ESPN’s Brian Windhorst, the Wizards have expressed interest in Cavaliers big man Tristan Thompson, confirms Candace Buckner of The Washington Post (via Twitter). If the Wizards were to make a move for Thompson, it would be with an eye toward the future, since they’d hold his Bird rights, Buckner notes.
  • Vince Ellis of The Detroit Free Press confirms that that the Pistons are open to moving Luke Kennard if the price is right. However, in the wake of rumors that the Suns are discussing a trade for the third-year sharpshooter, Ellis reports that no deal appears imminent and that Detroit isn’t worried about the possible price tag on a Kennard extension if he remains with the Pistons.
  • Two rival executives view the Sixers and Grizzlies as possible landing spots for Bulls trade candidate Denzel Valentine, according to K.C. Johnson of The Chicago Tribune.
  • The Mavericks have real interest in Warriors guard Alec Burks, a source tells Chris Crouse of Hoops Rumors (Twitter link). Dallas and Golden State have already made one trade this season, with Willie Cauley-Stein sent to the Mavs last month.
  • ESPN’s Adrian Wojnarowski takes a look at the trade talks involving the Timberwolves, Warriors, Rockets, and Hawks, with the Wolves trying to orchestrate a multi-team deal that would send D’Angelo Russell to Minnesota. Kevin O’Connor of The Ringer had details earlier on those discussions, with both Woj and O’Connor agreeing that there’s still a gulf between Minnesota and Golden State.