Pistons Rumors

Pistons Notes: Smith Jr., Casey, Rose, Weaver

Despite a lack of playing time in New York, Dennis Smith Jr. didn’t ask to be traded, writes Marc Berman of The New York Post. Smith held his first media session today since the deal, which gives him a chance to revive his career with the Pistons. After suffering a quad injury early in the season and falling out of Tom Thibideau’s rotation, Smith requested a trip to the G League for more playing time and was preparing for the season in Orlando when he heard about the trade.

“I was super excited,’’ he said. “I was down in the ‘G’ getting ready to have our first scrimmage. I heard the news. I was just smiling all day. I couldn’t really sleep that night. I was looking at it as an opportunity and a fresh start and make the most out of it.”

Smith will have a few months to show the Pistons what he can do before they have to make a decision on his future. This is the final year of his rookie contract, and Detroit will have a chance to make him a restricted free agent by submitting a $7MM-plus qualifying offer after the season. Coach Dwane Casey is willing to give him an opportunity.

“Sometimes it just doesn’t work,’’ Casey said.Christian Wood had how many teams (before starring here)? Sometimes a change of scenery is good for everybody. I told him you’re starting out with a clean slate. I don’t care what happened in New York, what happened in Dallas. I don’t care what happened at North Carolina State. It’s what happens here.”

There’s more from Detroit:

  • Smith will make his Pistons debut Thursday night against the Pacers, tweets Rod Beard of The Detroit News. He has played just 28 total minutes this season and hasn’t gotten into a game since January 17. “He’s a full go and we’ll see how much he can go tomorrow,” Casey said.
  • Derrick Rose left Detroit on good terms, according to Keith Langlois of NBA.com, who adds that Rose and the Pistons recognized that he should be with a team that has a shot at the postseason. Casey complimented the job Rose did as a mentor to the team’s young players and noted that he’s already taking on the same role in New York.
  • General manager Troy Weaver is off to a strong start in his rebuilding project, according to James L. Edwards III of The Athletic. Weaver recognized the potential of free agent forward Jerami Grant, who has turned into a star with the Pistons, and he appears to have guessed right on rookie center Isaiah Stewart, the 16th choice in the draft. Weaver also took a chance on former lottery pick Josh Jackson, who is having the best season of his career.

Jahlil Okafor Out 6-8 Weeks After Procedure On Knee

Pistons center Jahlil Okafor will miss six to eight weeks after undergoing a surgical procedure to clean the lateral meniscus in his left knee, the team announced in a press release.

Okafor, 25, has been dealing with pain in both knees for a while and hasn’t played since January 30. He has appeared in 12 games this year and is averaging 4.3 points and 2.3 rebounds in 10 minutes per night. Rookie Isaiah Stewart has taken his spot in Detroit’s rotation.

Okafor was the third player picked in the 2015 draft, but he has turned into a journeyman, playing for four teams in the past four seasons. He signed a two-year contract with the Pistons in November at the veteran’s minimum.

Forbes Releases 2021 NBA Franchise Valuations

It has been an up-and-down 12 months for the NBA, which had to pause its operations for several months when its players first began testing positive for the coronavirus last March. Although the league was eventually able to play the 2020 postseason and is in the midst of its (slightly-abridged) 2020/21 regular season, fans still haven’t been able to return to arenas in many NBA cities, putting a major dent in projected revenues for the coming year.

Despite the financial challenges faced by many of the NBA’s teams, the overall value of those franchises continues to increase, according to a report from Kurt Badenhausen and Mike Ozanian of Forbes. While it’s the most modest year-over-year rise since 2010, Forbes estimates that average team values are up by about 4% from 2020.

The Knicks have become the first franchise to earn a $5 billion valuation from Forbes, with a league-high 9% increase in their value since last February. The Warriors, meanwhile, also saw their value rise by 9%, according to Forbes, surpassing the Lakers for the No. 2 spot on the annual report. The league-wide average of $2.2 billion per team in 2021 is a new record for Forbes’ valuations.

Forbes’ valuations are slightly more conservative than the ones issued by sports-business outlet Sportico last month — Sportico’s report featured an average team value of nearly $2.4 billion, with the Knicks, Warriors, and Lakers all surpassing the $5 billion threshold.

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

  1. New York Knicks: $5 billion
  2. Golden State Warriors: $4.7 billion
  3. Los Angeles Lakers: $4.6 billion
  4. Chicago Bulls: $3.3 billion
  5. Boston Celtics: $3.2 billion
  6. Los Angeles Clippers: $2.75 billion
  7. Brooklyn Nets: $2.65 billion
  8. Houston Rockets: $2.5 billion
  9. Dallas Mavericks: $2.45 billion
  10. Toronto Raptors: $2.15 billion
  11. Philadelphia 76ers: $2.075 billion
  12. Miami Heat: $2 billion
  13. Portland Trail Blazers: $1.9 billion
  14. San Antonio Spurs: $1.85 billion
  15. Sacramento Kings: $1.825 billion
  16. Washington Wizards: $1.8 billion
  17. Phoenix Suns: $1.7 billion
  18. Utah Jazz: $1.66 billion
  19. Denver Nuggets: $1.65 billion
  20. Milwaukee Bucks: $1.625 billion
  21. Oklahoma City Thunder: $1.575 billion
  22. Cleveland Cavaliers: $1.56 billion
  23. Indiana Pacers: $1.55 billion
  24. Atlanta Hawks: $1.52 billion
  25. Charlotte Hornets: $1.5 billion
  26. Orlando Magic: $1.46 billion
  27. Detroit Pistons: $1.45 billion
  28. Minnesota Timberwolves: $1.4 billion
  29. New Orleans Pelicans: $1.35 billion
  30. Memphis Grizzlies: $1.3 billion

While most franchise values increased, that wasn’t the case across the board. The Thunder, Hawks, Hornets, Pistons, Pelicans, and Grizzlies all maintained the same value that they had in 2020. No teams decreased in value, however.

The Jazz had the biggest rise in the bottom half of this list, moving from 21st in 2020’s rankings to 18th this year. That’s because the team was actually sold to a new majority owner in recent months, with Ryan Smith assuming control of the franchise at its new $1.66 billion valuation.

As that Jazz example shows, the actual amount a team is sold for often exceeds Forbes’ valuation, so these figures should just be viewed as estimates.

Pistons Notes: Smith, Casey, McGruder, Weaver

Dennis Smith Jr. could follow the path of Josh Jackson on the rebuilding Pistons, Keith Langlois of the team’s website opines. Jackson is reviving his career after signing with the club as a free agent, as evidenced by his 28-point outing against the Lakers on Saturday. Smith, who was officially acquired from the Knicks on Monday, is another lottery pick who could get his career back on track in Detroit.

With lottery pick Killian Hayes out indefinitely, Smith will get playing time and he’s now in an organization invested in the futures of all its young players, Langlois adds. Smith could be a restricted free agent after the season if Detroit extends a $7MM+ qualifying offer.

We have more on the Pistons:

  • Since Smith spent time at Orlando’s G League bubble, coach Dwane Casey anticipates the guard will have to quarantine a few days in Detroit, James Edwards of The Athletic tweets. If so, Smith won’t be in uniform on Tuesday against Brooklyn, Detroit’s first game since its 0-4 West Coast trip. He’s officially listed as questionable.
  • Casey didn’t sign up for a rebuilding project when he was hired by owner Tom Gores but he’s on board with the team’s rebuilding effort, Edwards adds in another tweet. The Pistons also acquired a second-round pick from the Knicks in the Derrick Rose deal. “It’s a direction, and it’s one needed for a long time with this organization,” Casey said.
  • Rodney McGruder has known GM Troy Weaver since childhood, as McGruder’s father grew up with Weaver in Washington, D.C., according to Langlois“Troy’s like an uncle to me. Grew up in the same neighborhood,” McGruder said. “I’ve known him all my life. That relationship, he’s family. We both want to see each other succeed.” McGruder’s $5MM for next season in non-guaranteed.

Knicks Trade DSJ, Second-Rounder To Pistons For Derrick Rose

FEBRUARY 8: The deal is official, the Knicks announced (via Twitter).


FEBRUARY 7, 2:50pm: The two teams are in agreement, per Adrian Wojnarowski of ESPN (Twitter link). The Knicks are acquiring Rose from the Pistons in exchange for Smith and Charlotte’s 2021 second-rounder.


12:11pm: Derrick Rose is set to be reunited with the Knicks and with his former Bulls and Timberwolves head coach Tom Thibodeau. New York is nearing an agreement to acquire Rose from the Pistons in exchange for Dennis Smith Jr. and future draft equity, per James Edwards III and Shams Charania of The Athletic (Twitter link).

Steve Popper of Newsday tweets that the draft pick being sent to the Pistons in the Rose deal will not be the Pistons’ own 2021 second-round pick that the Knicks possess, but could be the 2021 second-round pick that the Hornets owe the Knicks.

News on the exact terms of the trade have yet to be announced. How adding Rose, a savvy veteran scoring point guard with a defined ceiling, will impact the still-developing Knicks’ rotation will be interesting to see. Fan favorite rookie Immanuel Quickley and off-guard Austin Rivers may be especially liable to feel the squeeze, but whether Thibodeau opts to start Rose in place of the more defensively-oriented Elfrid Payton is unclear.

The upstart Knicks are currently the No. 7 seed in the Eastern Conference with an 11-13 record. Offloading future draft picks for a 32-year-old veteran in a move to improve the current on-court product is a curious decision for a club that had very much been prioritizing young players this season. Even All-Star hopeful Julius Randle is only 26.

The Knicks were not the only team in the market for Rose’s services this season. The Clippers, Heat, Bucks, and Nets were apparently all interested in dealing for Rose, per Vincent Goodwill of Yahoo Sports (Twitter link).

Charania adds (via Twitter) that Rose and the Pistons mutually agreed a trade was in both sides’ best interests. The Knicks had been floated as Rose’s “preferred destination” due to his familiarity with Thibodeau and his tenure with the team in 2016/17, his last season as a full-time starter.

Rose is in the final season of a two-year, $15MM contract he inked with Detroit in the summer of 2019. Across 22.8 MPG, Rose has been averaging 14.2 PPG, 4.2 APG, and 1.9 RPG in 15 games for the 5-18 Pistons, the worst team in the Eastern Conference.

Smith, meanwhile, has dropped out of the Knicks’ rotation. He has appeared in just three games for the Knicks this season, but could be counted on to play a bigger role for the Pistons. With 2020 No. 7 lottery pick Killian Hayes injured for the immediate future, Delon Wright has assumed Detroit’s starting point guard duties. In the absence of Hayes, two-way rookie Saben Lee had emerged as the the third pure point guard option behind Rose.

Both Rose and Smith will be free agents at season’s end — Smith is eligible for restricted free agency, though it would require a $7MM qualifying offer from Detroit. The Pistons will have his full Bird rights, while the Knicks will have Rose’s Early Bird rights.

Photo courtesy of USA Today Sports Images.

Pistons Notes: DSJ, Knox, Grant, Rookies

Instead of heading to the G League, Dennis Smith Jr. will get a chance to revive his career in Detroit, writes James L. Edwards of The Athletic. Smith and a second-round pick were the price the Knicks paid to acquire long-time Tom Thibodeau favorite Derrick Rose. The move is another step in the rebuilding process for Detroit, which already owns the league’s worst record at 5-18.

It’s the second trade in 24 months for Smith, who had two disappointing seasons in New York after being acquired in the Kristaps Porzingis deal. He fell far out of the rotation after Thibodeau took over and got into just three games this season. He’s far more likely to get playing time with the Pistons, especially with Killian Hayes recovering from a torn labrum in his right hip. Detroit saved nearly $2MM in the deal and will get a few months to evaluate Smith before deciding whether to extend a $7MM+ qualifying offer when his rookie deal expires after this season.

A bigger prize for Detroit is the draft pick, which originally belonged to the Hornets, Edwards states. The Pistons also own the Raptors’ second-round choice, along with their own first-rounder, which currently has the best odds of being No. 1 overall. The team is positioned to add more young talent in a draft class that is considered to be one of the best in years.

There’s more this morning from Detroit:

  • The Pistons were initially asking for Kevin Knox instead of Smith, according to Marc Berman of The New York Post, who speculates that the Knicks could be saving Knox for another trade.
  • Pistons coach Dwane Casey believes free agent addition Jerami Grant should be an All-Star selection (video link from The Detroit News). Grant has stepped up his game since signing with Detroit, averaging 24.0 PPG, double what he scored last year in Denver. “I hope the true basketball fan sees what he’s doing, the all-around game, not just the scorer,” Casey said.
  • Edwards and Sam Vecenie of The Athletic examine the progress of the Pistons’ rookies through the first third of the season. Hayes was still adjusting to the NBA when he suffered the injury, Saddiq Bey has been a valuable shooter but is otherwise limited offensively, and Isaiah Stewart has been impressive with his energy and competitiveness.

Latest On A Potential Derrick Rose Trade

The Knicks are a “preferred destination” for Derrick Rose because of coach Tom Thibodeau and the experience the Pistons guard had when he played in New York during the 2016/17 season, according to Marc Berman of The New York Post. Word broke last night that the Knicks, along with the Clippers and a few other teams, are engaged in trade talks involving Rose.

Sources tell Berman that New York is willing to part with any of its three former lottery picks who aren’t in the rotation under Thibodeau — Kevin Knox, Frank Ntilikina and Dennis Smith Jr. However, Berman doesn’t expect Knox, the youngest of the three at age 21, to be included in the deal.

Berman also believes the team will hold on to the 2021 first-round pick it received from Dallas in the Kristaps Porzingis trade. With Dallas off to a 10-14 start, there’s a chance it could become another lottery selection. Berman notes that the Knicks have flexibility in a deal because they have $18MM in cap room and won’t have to match Rose’s $7.2MM salary.

He also points out that Saturday marked the first day that free agents who signed in November can be traded. That means Austin Rivers, Nerlens Noel and Alec Burks are all eligible to be moved.

There’s more on a potential deal:

  • Sources tell Ian Begley of SNY.tv that Ntilikina’s name has been brought up in trade talks. The point guard has an expiring contract and will be a restricted free agent after the season. Begley notes that the Pistons will likely ask for at least one draft pick, but he doesn’t think New York is willing to give up a first-rounder. Some Knicks representatives believed the team was close to acquiring Rose during the offseason, according to Begley. He adds that if New York pulls off a deal, it will probably be with the intention to re-sign Rose, who is also headed for free agency. The Knicks would own his Early Bird rights and could offer a contract ranging from two to four years with a starting salary up to $13.4MM or a one-year deal for as much as $9.2MM.
  • The Pistons are interested in acquiring Smith, who recently asked to be sent to the G League for more playing time, writes Vincent Goodwill of Yahoo Sports. With Blake Griffin‘s expensive contract likely on the books for another season, new general manager Troy Weaver has been working to reduce salary in other areas.
  • Mike Vorkunov of The Athletic examines how a Rose deal would affect the Knicks, particularly rookie point guard Immanuel Quickley.

Knicks Among Teams Hoping To Acquire Derrick Rose

The Pistons are talking to the Knicks about a Derrick Rose trade, but other teams have expressed interest as well, according to Shams Charania and James L. Edwards III of The Athletic. Sources tell Charania that Detroit’s front office agrees with the veteran guard that a trade would be best for both sides. The Clippers, along with a few other teams, have also asked about Rose, according to sources.

New York coach Tom Thibodeau would like to team up once again with Rose, who played for him in both Chicago and Minnesota. Rose has remained productive at age 32,  averaging 14.2 points, 4.2 assists and 1.9 assists in 22.8 minutes per night, but he doesn’t fit the timeline of the rebuilding Pistons.

Detroit is hoping to get something in return for Rose, who is headed for free agency after signing a two-year, $15MM contract with the team in 2019. The authors point out that the Pistons were coming off two straight playoff appearances at the time and had a strong connection in vice chairman Arn Tellem, who was Rose’s former agent. The team has since started rebuilding and currently holds the league’s worst record at 5-17.

Rose sat out Friday’s game due to “rest” and is being held out tonight for “personal reasons.” He hasn’t played this week, but doesn’t appear to have any physical issues other than a stomach ailment that forced him to miss Tuesday’s game at Utah. Although he was plagued by injuries during his prime years, Rose has been able to play at least 50 games in each of the past two seasons.

Rose had his best season under Thibodeau in Chicago in 2010/11 when he was named MVP, averaging 25.0 points and 7.7 assists per game. He suffered an ACL tear the following season and was never able to reach that level again.

Should Pistons Consider Drafting A New PG After Selecting Hayes?