Nuggets Rumors

Forbes Releases 2019 NBA Franchise Valuations

A year ago, when Forbes released its annual NBA franchise valuations, the Knicks were reeling from the news that Kristaps Porzingis has suffered a torn ACL, but still earned the top spot on Forbes’ list of the league’s most valuable teams.

This time around, Knicks fans are reeling from the trade that sent Porzingis to Dallas. Once again though, the franchise is still considered the most valuable of any of the NBA’s 30 clubs, according to a report from Kurt Badenhausen and Mike Ozanian of Forbes.

For the first time, all 30 NBA teams have a perceived worth of $1.2 billion or more, per Forbes’ annual report. While all 30 teams’ valuations cracked the $1 billion threshold for the first time last year, 10 franchises were below $1.2 billion.

The league-wide average of $1.9 billion per team in 2019 is also a new record, with franchise valuations up 13% in total over last year’s figures. NBA franchise values have once again tripled over the last five years, according to Badenhausen and Ozanian.

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

  1. New York Knicks: $4 billion
  2. Los Angeles Lakers: $3.7 billion
  3. Golden State Warriors: $3.5 billion
  4. Chicago Bulls: $2.9 billion
  5. Boston Celtics: $2.8 billion
  6. Brooklyn Nets: $2.35 billion
  7. Houston Rockets: $2.3 billion
  8. Dallas Mavericks: $2.25 billion
  9. Los Angeles Clippers: $2.2 billion
  10. Miami Heat: $1.75 billion
  11. Toronto Raptors: $1.675 billion
  12. Philadelphia 76ers: $1.65 billion
  13. San Antonio Spurs: $1.625 billion
  14. Portland Trail Blazers: $1.6 billion
  15. Sacramento Kings: $1.575 billion
  16. Washington Wizards: $1.55 billion
  17. Phoenix Suns: $1.5 billion
  18. Oklahoma City Thunder: $1.475 billion
  19. Utah Jazz: $1.425 billion
  20. Indiana Pacers: $1.4 billion
  21. Denver Nuggets: $1.375 billion
  22. Milwaukee Bucks: $1.35 billion
  23. Orlando Magic: $1.325 billion
  24. Atlanta Hawks: $1.3 billion
  25. Cleveland Cavaliers: $1.275 billion
  26. Detroit Pistons: $1.27 billion
  27. Minnesota Timberwolves: $1.26 billion
  28. Charlotte Hornets: $1.25 billion
  29. New Orleans Pelicans: $1.22 billion
  30. Memphis Grizzlies: $1.2 billion

The Sixers are this year’s big riser, moving from 21st on the 2018 list to 12th in 2019. Conversely, the Cavaliers fell the most. After losing LeBron James, Cleveland was the only franchise to see its valuation dip from year to year, as it decreased from $1.325 billion (15th) in 2018 to $1.275 billion (25th) in 2019.

Gary Harris A Potential Trade Candidate?

  • While Ellis doesn’t expect anything to happen on this front this week, he has heard from several people recently that Nuggets guard Gary Harris could be had in a trade (Twitter link). As Ellis observes, moving Harris would help Denver create a little more long-term flexibility, and has become a more viable option given the emergence of Malik Beasley.

Lowe’s Latest: Rockets, Prince, Blazers, Heat

The Rockets and Cavaliers had discussions about sending Brandon Knight to Cleveland along with a first-round pick in exchange for Alec Burks. However, Zach Lowe of ESPN.com hears that those talks have ceased. Houston has also spoken with the Grizzlies about potential Knight deals.

Cleveland is selling Burks, Rodney Hood, and any other “indispensable asset” prior to the deadline, Lowe writes. The team is willing to take back future salary in exchange for picks.

Houston is expected to scour the market for deals leading up to the deadline with an eye on attaching a future first-rounder to Knight and Marquese Chriss. The Rockets would likely push for lottery protections on any picks that would convey past James Harden‘s prime.

Lowe’s latest piece contains trade nuggets from several teams in the league and we’ve already passed along news from the Grizzlies’ Mike Conley and Marc Gasol sweepstakes as well as the Magic’s pre-deadline plan. Here are the rest of the newsworthy notes from the ESPN piece:

  • The Hawks have made Taurean Prince available in trade talks, sources tell Lowe. Atlanta hasn’t received a ton of traction on Prince deals because of its asking price. The organization wants a young prospect and a pick in exchange for the small forward.
  • The Blazers have put their first-rounder on the table in trade talks, sources tell Lowe. Portland has reached out about Otto Porter Jr.‘s availability, though Wizards owner Ted Leonsis previously announced that the team would not be trading Porter before the deadline.
  • Porter has drawn interest from several teams. In addition to the Blazers, the Mavericks and Jazz have kept an eye on the situation. Dallas was interested in swapping Harrison Barnes for Porter prior to the Kristaps Porzingis trade.
  • Miami appears to be willing to move anyone but Justise Winslow, Josh Richardson and Bam Adebayo for cap relief. Lowe expects the Heat to try to get at least a second-round pick for Wayne Ellington.
  • Lowe confirms a previous report that JaMychal Green, Justin Holiday, and Garrett Temple are all available. Holiday, who was acquired from the Bulls earlier this year, cost the Grizzlies two second-round picks.
  • The Kings have approximately $11MM in cap space available and they want to use it to pick up an asset. Lowe writes that it could be a draft pick or a player who will help them win this season.
  • Sacramento is willing to engage in trade talks about Willie Cauley-Stein, who will be a restricted free agent this summer. The Kings may simply let the center walk should he receive too high of an offer this offseason.
  • The Bulls are expected to listen to offers for anyone but Lauri Markkanen and Wendell Carter. Lowe doesn’t expect Chicago to deal either Kris Dunn or Zach LaVine though, as the team’s asking price is anticipated to be too high.
  • The Nuggets own a pair of trade exceptions and have slightly less than $7MM in breathing room under the tax. They are open to taking on a salary dump if another team calls and has to shed a player in that price range.

NBA Announces All-Star Reserves

The NBA announced today the reserves for the 2019 All-Star Game, releasing the pool of players eligible to be drafted by captains LeBron James and Giannis Antetokounmpo for the contest.

For the Eastern Conference, Washington’s Bradley Beal, Detroit’s Blake Griffin, Toronto’s Kyle Lowry, Philadelphia’s Ben Simmons, Milwaukee’s Khris Middleton and Orlando’s Nikola Vucevic were all selected.

Indiana guard Victor Oladipo was also chosen, but he’ll miss the game due to injury. The NBA could name a replacement for Oladipo, with Eric Bledsoe or D’Angelo Russell among the most likely candidates.

New Orleans’ Anthony Davis, Oklahoma City’s Russell Westbrook, Denver’s Nikola Jokic, Golden State’s Klay Thompson, Portland’s Damian Lillard, San Antonio’s LaMarcus Aldridge and Minnesota’s Karl-Anthony Towns were chosen to represent the Western Conference.

James and Antetokounmpo will draft their respective teams next Thursday, Feb. 7 at 7:00pm ET. The draft will air on TNT and commence just hours after the NBA’s trade deadline. Each captain must first finish selecting from the pool of starters — announced last week — before choosing from this list of reserves.

The All-Star Game is set to take place on Sunday, Feb. 17 at Spectrum Center in Charlotte. The starters for the game were chosen by votes from fans, players and media, while the reserves were selected by the 30 NBA head coaches.

Latest On Anthony Davis

The Pelicans are in a difficult position after the trade request from Anthony Davis, but they still have the power to control when the deal will get done, writes Jeremy Woo of Sports Illustrated. There are three important dates to consider — the trade deadline on February 7, the draft lottery on May 14 and the start of free agency on July 1 — and New Orleans must determine the best time to move its star.

Woo states that trying to rush a deal by next week only works in favor of the Lakers, along with Davis and his agent, Rich Paul. L.A.’s best offer should still be on the table this summer, and waiting will give the Celtics a chance to become involved. Even if the Pelicans don’t plan to send Davis to Boston, they may be able to gain leverage by using that offer to get more from the Lakers.

The best options may come after the lottery, Woo writes. If the Mavericks, Wizards or another team with established talent lands the top pick, it could be motivated to offer that to New Orleans as part of a package for Davis.

It’s crucial to management, and especially GM Dell Demps, to get maximum value for Davis, Woo adds. Demps’ job was in jeopardy before last year’s playoff run, and the two-year extension he received may not prevent ownership from making a change this summer.
There’s more news to pass along regarding Davis:
  • The Pelicans’ best 0ffer will come from the Celtics, contends David Aldridge of The Athletic. He states that a deal would have to start with Jayson Tatum, who could become a cornerstone player in New Orleans. The Pelicans might also ask for Jaylen Brown, but Aldridge believes the Celtics would prefer to keep one of their young talents and could offer Marcus Smart instead. Boston also has a wealth of draft picks, including a Grizzlies first-rounder that is top-eight protected this year, top six next year and unprotected in 2021, along with the better pick from the Sixers or Kings this year and possibly another first-rounder from the Clippers.
  • The Pelicans may consider shutting Davis down for the season if he’s not traded before next Thursday, suggests Kevin O’Connor of The Ringer. Davis is sidelined with a volar plate avulsion fracture on his left index finger and is being re-evaluated every 48 to 72 hours. If surgery is necessary, it would be a way for the Pelicans to avoid any risk and be sure that they have a fully healthy asset for the trade market this summer.
  • A team source confirms to Marc Stein of The New York Times (Twitter link) that the Knicks plan to get involved in the bidding for Davis. Their best offer is expected to come after the lottery when they know where they’ll be drafting.
  • If the Lakers aren’t able to deal for Davis before the deadline, they will only have seven tradable contracts this summer outside of LeBron James, notes Bobby Marks of ESPN (insider account). L.A. would have to use some of its projected $36MM in cap space to make the deal work and could include some of its free agents in a sign-and-trade arrangement, but only if they agree to go to New Orleans. Marks examines what several teams can realistically offer, including the Nuggets, whom he calls a “dark horse” in the Davis sweepstakes. Denver has a slew of young players and controllable contracts, along with a connection in GM Tim Connelly, who formerly worked for Demps in New Orleans.
  • Writers from The Athletic break down the chances of acquiring Davis for every team in the league.

Malik Beasley Stepping Up In Big Way This Season

The Nuggets have been one of the feel-good stories of the season. Despite relying on a core of young players leading the way through countless injuries, the team has continued to win at a strong pace and stay in the top two in the Western Conference. Throughout the first half of the season, many role players have stepped up, including Malik Beasley.

Beasley is just another age-23-or-under player who is contributing to the Nuggets’ success, which is a good indication that Denver will be strong for many seasons to come.

NBA G League Assignments/Recalls: 1/26/19

Here are Saturday’s assignments and recalls from around the NBA G League:

  • The Spurs recalled forward Chimezie Metu and guard Lonnie Walker from their Austin affiliate, the team announced in a press release. Metu is posting a 14.2/7.5/2.2 line in 17 G League contests, while Walker is at 15.9/3.1/1.5 in 19 games with Austin.
  • The Nuggets assigned rookie forward Jarred Vanderbilt to the G League, according to a tweet from the team. Because Denver doesn’t have a direct G League affiliate, Vanderbilt will join the Delaware Blue Coats. A second-round pick this year, Vanderbilt has played just one NBA game.

One-Game Suspension For Nikola Jokic

Nuggets center Nikola Jokic has received a one-game suspension for leaving the team’s bench area during an altercation, the NBA announced on Twitter.

The incident took place during Wednesday’s skirmish between Denver’s Mason Plumlee and Utah’s Derrick Favors. Plumlee was fined $25K and Favors was docked $15K, according to a statement from the league. Both players received technical fouls and were ejected.

Jokic will serve his suspension during tonight’s game against the Suns. He emerged as an MVP candidate this season, averaging career highs in points (19.8), rebounds (10.3) and assists (7.7) while leading Denver to the second-best record in the West.

Larry Drew Unlikely To Coach Cavs Long-Term

The Cavaliers have begun searching for a permanent head coach for 2019/20 and beyond, and Larry Drew isn’t believed to be a serious candidate, according to a report from Joe Vardon and Jason Lloyd of The Athletic. While Drew has served as Cleveland’s interim coach since Tyronn Lue‘s dismissal earlier this season, he’s unsure he’d want to return next season and doesn’t appear likely to be asked, per Vardon and Lloyd.

“I don’t know if I ever want to be a head coach again after this year,” said Drew, who has dealt with a constant stream of injuries since Lue’s ouster, guiding the Cavs to a 9-34 record.

According to Vardon and Lloyd, the Cavaliers will likely seek a first-time NBA head coach who has experience developing players and/or coaching in the G League. The club hasn’t yet begun reaching out to candidates or their agents, since the search is still in its infancy. However, The Athletic duo identifies six candidates who have ties to the Cavs or GM Koby Altman and could be fits. Those six candidates are:

  • Nuggets assistant Jordi Fernandez
  • Hornets assistant Steve Hetzel
  • Raptors assistant Adrian Griffin
  • Hawks assistant Chris Jent
  • Mavericks assistant Jamahl Mosley
  • Jazz assistant Alex Jensen

It’s not entirely clear whether Vardon and Lloyd are just speculating based on the criteria outlined by the Cavs and Altman’s history with those coaches, or if they have inside info on the club’s wish list. Either way, it seems safe to assume that at least a few of those assistants will receive consideration from Cleveland.

For now, Drew is still running the show and the 60-year-old coach admits that he’s happy Lue was let go early in the season — not because he wanted to supplant Lue, but because he believes the Cavs’ struggles this year would have been hard on the team’s former head coach, who battled stress and health issues last season.

“I wouldn’t want to see him go through this,” Drew said. “I wouldn’t want him to go through it from a physical and mental standpoint after some of the things that he went through. He deserves better after having won a championship. He deserves much, much better.”

When the Cavs initially replaced Lue with Drew, he resisted taking on the title of interim head coach until the team gave him a raise and a small financial guarantee for next season. Several months later, he still doesn’t sound like someone who wanted the job to begin with, as Vardon and Lloyd relay.

“I wasn’t looking to do this. I was not looking to do this at all,” Drew said. “But it happened. Ain’t a whole lot you can do about it.”

Heat Notes: Ellington, McGruder, Grizzlies, Olynyk

Trading Wayne Ellington would give the Heat just enough cap relief to escape the luxury tax, writes salary cap expert Albert Nahmad for HeatHoops. Miami currently projects to be $6.2698MM over the tax line and Ellington’s salary is $6.27MM, so if the Heat can find a deal in which they don’t take any money back, they would be in the clear by $159.

However, Nahmad notes that won’t be easy to accomplish. Only six teams have the ability to make such a trade with Miami, but the Hornets and Pistons would put themselves into tax territory, the Thunder and Wizards are already over the threshold and may not want to take on more salary and the Kings aren’t likely to be interested in using their cap room because they already have Buddy Hield.

Nahmad identifies the Nuggets, who are $6.9MM below the tax line and have a pair of trade exceptions worth $12.8MM and $13.8MM, as the most likely team to take on Ellington. His salary would be pro-rated at $2.2MM if he’s acquired at the February 7 deadline, and the Heat can trade up to $5.3MM in cash to help offset that.

However, it’s not certain that another shooter is Denver’s top priority. Any other club that trades for Ellington would have to send out at least $3.5MM in salary, which means a third team would have to get involved to make it work for Miami. Nahmad cites the Lakers, Rockets and possibly the Thunder as other potential contenders for Ellington.

There’s more news from Miami:

  • The Heat have been working on deals to ease their overcrowded roster and Rodney McGruder may be a candidate to get traded, a source tells Barry Jackson of The Miami Herald. The source adds that McGruder would be a good fit for the Celtics, who could use an all-around role player and wouldn’t mind adding his expiring $1.5MM contract. The Heat may not get more than a second-round pick for McGruder, but won’t be in a great position to re-sign him this summer because of their cap situation.
  • In the same story, Jackson states that the Heat don’t seem like a good fit for the Grizzlies’ Marc Gasol or Mike Conley, who are reportedly now available on the trade market. Jackson cites Conley’s $32.5MM salary for next season and $34.5MM in 2020/21 as too much for Miami to take on, while Memphis may not be interested in the collection of players — James Johnson, Kelly Olynyk and Dion Waiters — that would need to be included to match the salaries of Gasol and Chandler Parsons, whom the Grizzlies would like to move in a trade involving the center.
  • Olynyk is the latest player to fall out of the Heat’s frequently changing rotation, notes Ira Winderman of The Sun-Sentinel. The backup center didn’t play in the second half Saturday, then was held out of Monday’s game. “You look at the game saying, ‘I definitely think I can help out there. I can make an impact, make a difference,'” Olynyk said. “But Coach has to do his job and I don’t envy him, because it’s not an easy job.