- Several contenders, including the Celtics, Thunder and Mavericks, have expressed an interest in Pistons big man Isaiah Stewart, sources tell James L. Edwards of The Athletic. Stewart has been one of the few bright spots in Detroit’s ugly season, averaging 10.2 points and 6.8 rebounds through 25 games. He signed a four-year, $64MM extension this summer and would be subject to the poison pill provision in any trade until July 1. Edwards also addresses trade suggestions from readers, saying he’s heard the Pistons don’t have interest in adding Utah’s John Collins or Charlotte’s P.J. Washington.
- Mavericks rookie center Dereck Lively sprained his left ankle against Portland on Saturday night. He’s in a walking boot and won’t play against Denver on Monday, according to Brad Townsend of the Dallas Morning News (Twitter links). Lively has started in 22 of 23 games.
- Mavericks star guard Kyrie Irving will also miss Monday’s contest, Townsend adds in another tweet. He’s been out since Dec. 8 due to a right heel contusion.
Speaking today to reporters for the first time this season, Grizzlies guard Ja Morant admitted he made “a lot” of mistakes in the past and said he had “some horrible days” this year as he focused on his behavior away from basketball, according to reports from Damichael Cole of The Memphis Commercial Appeal and Teresa M. Walker of The Associated Press. However, he’s hopeful that he’ll ultimately benefit from his 25-game suspension and the requirements that came with it, including therapy.
“In the end, I feel like it made me better,” Morant said. “I feel like I learned some stuff about myself that I did during that process. Very eye-opening. It kind of gave me a new look on life. How I go about my days. How I carry myself.”
Morant, who acknowledged that his actions will speak louder than his words when it comes to being a better leader on and off the court for the Grizzlies, also said he felt guilty about the fact that the team has struggled without him while he has served his 25-game suspension. After winning 107 regular season games over the last two seasons, Memphis is off to a 6-17 start this fall.
“Yes, it’s definitely some guilt in that,” he said. “Obviously I’m not on the floor. Nobody like losing. … I take full responsibility of that. Even though I’m not on the floor, decisions I’ve made didn’t allow me to be out there to go to battle with my team.”
Morant remains on track to make his return on Tuesday against New Orleans. His teammates, who have been seeing what he’s doing in practice, are excited about how he’s looked and the impact his return will have on the club, as Cole writes for The Commercial Appeal. Jaren Jackson Jr. said Morant has the “same quick-trigger bounce” as he always has, while Vince Williams referred to the star guard as an “energy guy” in practices.
“I feel like he’s putting in a lot more effort on the defensive end in practice,” Williams said. “If he’s doing it in practice, I know he’s going to do it in the games for us.”
Here’s more from around the Southwest:
- Appearing on Headliners with Rachel Nichols (Twitter video link), Mavericks star Luka Doncic was asked if he’d seek an exit from Dallas if he didn’t feel like the team was moving toward title contention. Doncic suggested that’s not something he’s considered. “I feel great here,” he said. “They drafted me. I’ve felt at home since day one. I’m really happy where I’m at. I think we made some great moves this offseason. Yeah, I’m happy here.”
- The Pelicans have the pieces to be an effective small-ball team and have been leaning more on those lineups as of late, William Guillory writes for The Athletic. In Guillory’s view, embracing a small-ball identity could take the team to new heights, so he thinks it’s important to see what a lineup consisting of Zion Williamson, Brandon Ingram, CJ McCollum, Trey Murphy, and Herbert Jones looks like once they’re all healthy — those five players have shared the court for just one minute so far this season.
- Former No. 1 overall picks Anthony Davis and LeBron James are sympathetic to the expectations that Spurs big man Victor Wembanyama is facing in San Antonio, according to Jeff McDonald of The San Antonio Express-News (subscriber link), who notes that neither Davis nor James made the playoffs during their first two NBA seasons. “You’ve just got to go in and just play, find your way,” Davis said of Wembanyama this week. “You’re going to have ups and downs in the season. Obviously, he’s an exceptional talent. But don’t stress yourself out over the pressure from everyone else. You’ve got to know what your team wants from you. And don’t think that you have to turn the franchise around in one year.”
In his first injury-plagued NBA stint, former No. 5 overall pick Dante Exum was not known for his shooting prowess. However, the Australian guard/forward had an impressive turnaround in his percentages over the past couple seasons in Europe, and after signing with the Mavericks over the summer, Exum is starting to make teams pay for leaving him open.
Exum started the 2023/24 season slowly, as he wasn’t a regular part of Dallas’ rotation. Over his first 17 games, he was just 5-of-22 (22.7%) beyond the arc. But he’s been increasingly earning the team’s trust due to his timely cutting, connective passing and defense, which has led to a jump in playing time (injuries have also been a factor).
As Eddie Sefko of Mavs.com writes, Exum was scorching hot in Tuesday’s victory over the Lakers, finishing with season highs of 26 points and 36 minutes. He was extremely efficient, going 8-of-10 from the floor, including 7-of-9 from deep. Seven made three-pointers was a career-high for the 28-year-old.
It’s an admittedly very small sample size, but Exum is averaging 21.7 points, 4.7 rebounds, 5.3 assists and 1.0 steal on .639/.667/.750 shooting over the past three games, all victories (34.7 minutes). If he continues lighting it up, his $3MM contract for ’23/24 will look like a bargain (his $3.15MM salary for ’24/25 is non-guaranteed).
Here’s more on the Mavs:
- There’s no question that Luka Doncic is the driving force behind the team’s third-ranked offense, but the supporting cast also deserves praise for the Mavs’ 15-8 start, according to Tim Cato of The Athletic, who says offseason additions Exum, Dereck Lively, Grant Williams and Derrick Jones Jr. have all provided solid contributions in ’23/24. The team’s depth is much improved from last season’s 38-win campaign, Cato writes.
- Tuesday’s victory over L.A. was the second of a back-to-back for Dallas, which beat Memphis on Monday. With Kyrie Irving (foot), Josh Green (elbow) and Maxi Kleber (toe) all injured, Doncic has been tasked with an extremely heavy workload, playing 44 minutes on Monday followed by 43 on Tuesday. Following the latest win, Doncic, who was listed as questionable leading into the contest with a lower back contusion, said he was surprised he was able to suit up. “I don’t know how I played,” Doncic said, per Tim MacMahon of ESPN. “I slept very little today. Everything hurts. I’m getting old, man, but we got two back-to-back wins, which is amazing, especially against a team like the Lakers. So I’m really proud of these guys.”
- Irving is wearing a protective boot and using crutches after sustaining a right heel contusion on Friday, MacMahon tweets. Head coach Jason Kidd said there’s still no firm timetable for Irving’s return.
The Warriors remain the NBA’s most valuable team, according to Kurt Badenhausen of Sportico (subscription required), who unveiled the website’s updated NBA franchise valuations for 2023 on Wednesday.
Badenhausen projects the Warriors’ value at $8.28 billion, making them one of three teams to surpass the $7 billion mark this year. The Knicks have a projected worth of $7.43 billion, while the Lakers come in at $7.34 billion, per Sportico.
As Badenhausen details, Sportico spoke to more than 30 team executives, owners, investors, bankers, consultants, and lawyers in compiling their latest NBA franchise valuations. According to Sportico, the average value of an NBA team is up 33% from a year ago and 70% from when the site first started publishing valuations three years ago.
A combination of factors are contributing to the soaring value of NBA franchises, says Baudenhausen. Those factors include national media deals, international opportunities, scarcity (ie. only 30 teams are available), and an equal 1/30th stake in the league.
In the past, we’ve used Forbes as our primary source for NBA franchise valuations, but with Badenhausen making the move from Forbes to Sportico in recent years and the outlet establishing itself as a go-to resource for sports business news, we’re highlighting Sportico’s projections in 2023.
Of course, it’s worth noting that figures from Sportico, Forbes, or any other media outlet are just estimates and often don’t quite match up with the sale prices for franchises that change hands. But thse projections are usually in the right ballpark and remain useful for getting a sense of the league’s most and least valuable teams.
Here’s Sportico’s full list of NBA franchise valuations for 2023:
- Golden State Warriors: $8.28 billion
- New York Knicks: $7.43 billion
- Los Angeles Lakers: $7.34 billion
- Boston Celtics: $5.12 billion
- Chicago Bulls: $4.83 billion
- Los Angeles Clippers: $4.56 billion
- Miami Heat: $4.17 billion
- Philadelphia 76ers: $4.13 billion
- Toronto Raptors: $4.11 billion
- Houston Rockets: $4.05 billion
- Dallas Mavericks: $4.03 billion
- Phoenix Suns: $4 billion
- Brooklyn Nets: $3.98 billion
- Sacramento Kings: $3.46 billion
- Denver Nuggets: $3.4 billion
- Atlanta Hawks: $3.35 billion
- Washington Wizards: $3.33 billion
- San Antonio Spurs: $3.29 billion
- Portland Trail Blazers: $3.28 billion
- Indiana Pacers: $3.27 billion
- Utah Jazz: $3.24 billion
- Cleveland Cavaliers: $3.22 billion
- Milwaukee Bucks: $3.2 billion
- Orlando Magic: $3.12 billion
- Detroit Pistons: $3.1 billion
- Oklahoma City Thunder: $3.08 billion
- Charlotte Hornets: $3 billion
- Minnesota Timberwolves: $2.94 billion
- Memphis Grizzlies: $2.82 billion
- New Orleans Pelicans: $2.72 billion
For the most part, the most significant valuation increases (by percentage) within the last year belonged to the teams on the bottom half of this list. Besides the Bucks, whose projection rose by 32%, every franchise in the bottom 10 received at least a 50% bump from Sportico’s 2022 valuations.
The Nuggets, who cracked the top half of this list following their 2023 championship, were another big riser — their valuation increased by 60% and they moved up six spots.
It’s worth noting that the Mavericks‘ reported valuation in Mark Cuban‘s sale to the Adelson and Dumont families reportedly came in around $3.5 billion, well below Sportico’s valuation.
However, more recent reporting has suggested the final valuation will be closer to $4 billion when the transaction closes. That was also a unique situation since Cuban is retaining control of basketball operations as part of the sale agreement, despite surrendering majority control of the business. He’ll hang onto about 25% of the franchise, according to Sportico.
- While Mark Cuban is in the process of selling a majority stake in the Mavericks franchise, there’s one holdout among the minority owners. Mary Stanton informed the franchise she won’t be selling her stake at this time, according to Brad Townsend of the Dallas Morning News, who previously reported that all of the minority shareholders would be bought out. Stanton is the widow of Horace Ardinger, an original shareholder who bought a 4.13% stake in the franchise in 1980. A Board of Governors vote on the sale will be held on Dec. 20.
- The Mavericks franchise is even more valuable than previously reported. With Mark Cuban selling the majority share of the franchise to Las Vegas Sands Corp., the valuation is expected to be approximately $4 billion, according to Marc Stein (Twitter link). The valuation was previously said to be in the $3.5 billion range. A Board of Governors vote on the proposed sale is reportedly scheduled to take place on Dec. 2o.
A vote on the proposed sale of the Mavericks to the Adelson and Dumont families will take place next week, writes Brad Townsend of The Dallas Morning News. A source familiar with the sale informs Townsend that commissioner Adam Silver has notified the 30 members of the league’s Board of Governors that the vote will be taken at a December 20 meeting.
Townsend’s source also says there will be only two parties remaining as shareholders once the sale is finalized. The Adelsons and Dumonts will serve as majority owners, with Mark Cuban holding a “sizeable stake” as the minority owner.
That means the five current minority owners have decided to cash out, Townsend explains. That list includes two previous majority owners, Ross Perot Jr. and the family of franchise co-founder Donald Carter.
Scheduling the vote indicates that the league has already finished vetting the new ownership group, which is led by Sands Corp. majority shareholder Miriam Adelson and her son-in-law, Patrick Dumont, who is president of the Sands Corp., Townsend adds.
The new owners are expected to be approved by a comfortable margin, according to Townsend. He notes that Adelson and Dumont have an estimated worth of about $33 billion, which would rank them among the wealthiest owners in U.S. professional sports, trailing only Clippers owner Steve Ballmer and the Walton family, which owns the NFL’s Denver Broncos.
The Adelson-Dumont family will need support from at least three-fourths of the Board of Governors for the sale to be approved.
Amen Thompson, the fourth pick of the draft, will return to action on Monday. He’s no longer listed on the Rockets’ injury report.
Thompson will jump right back into the rotation when his team faces San Antonio, Jonathan Feigen of the Houston Chronicle reports. He’s been out since Nov. 1 due to a right ankle sprain.
“The plan is to incorporate him back into the lineup,” head coach Ime Udoka said. “Obviously, we have guys playing well, so we have to find minutes and opportunity there, and we’ll tweak our rotation some once we get him in with certain groups.”
We have more injury-related news with 13 games on Monday’s schedule:
- Timberwolves star Anthony Edwards is listed as questionable against New Orleans due to a right hip pointer. Forward Jaden McDaniels (right ankle sprain), who hasn’t played since Nov. 20, is also listed as questionable, the team’s PR department tweets.
- Hawks forward De’Andre Hunter (right quad tendon soreness) is listed as questionable against Denver, Lauren Williams of the Atlanta Journal Constitution tweets. He played 37 minutes against Philadelphia on Friday.
- Kyrie Irving (right heel contusion) and Josh Green (right elbow sprain) are among the Mavericks players listed as out for their game against Memphis, Damichael Cole of the Memphis Commercial Appeal tweets.
- The Jazz will be missing two key frontcourt players when they face Oklahoma City. Forward Lauri Markkanen (left hamstring strain) and center Walker Kessler (right foot soreness) won’t play, Joel Lorenzi of The Oklahoman tweets.
- The Suns’ Nassir Little has an orbital fracture and is in the NBA’s concussion protocol, Gerald Bourguet of PHNX Sports tweets. Phoenix hosts Golden State on Tuesday.
5:15 pm: The Mavericks confirmed (via Twitter) that Irving has a right heel contusion and has returned to Dallas for treatment. No timetable has been set for him to resume playing.
5:04 pm: Mavericks guard Kyrie Irving suffered a heel contusion in Friday’s night game at Portland, tweets Shams Charania of The Athletic. He’s beginning treatment for the injury, and there’s no word on how long he might be sidelined.
According to an ESPN report, Irving was injured on a drive to the basket late in the first half. He fell to the floor after contact, and teammate Dwight Powell landed on him while chasing a loose ball.
Irving stayed on the court for several minutes, but was able to shoot two free throws before leaving the game. The team later announced that he wouldn’t return.
Mavericks officials are relieved that an MRI taken today showed that Irving’s injury is “just a bruise,” according to Tim MacMahon of ESPN (Twitter link). He adds that Irving has been dealing with soreness in his foot since the start of the season.
Irving didn’t travel with the team for Monday’s game at Memphis, a source tells Marc Stein (Twitter link). The team hasn’t made an official announcement about Irving’s status, but he’s expected to miss at least that game.
Irving has been an important component to the early-season success for Dallas, which is third in the West at 13-8. Through 17 games, he is averaging 23.0 points, 3.9 rebounds and 5.2 assists while shooting 47.1% from the field and 38.4% from three-point range.