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Warriors, Knicks, Lakers Top Latest NBA Franchise Valuations

December 13th, 2023 at 2:06pm CST by Luke Adams

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.

Community Shootaround: Pistons, Spurs Losing Streaks

December 11th, 2023 at 5:42pm CST by Dana Gauruder

Entering Monday’s action, the longest current winning streak in the league belonged to the Timberwolves with six straight victories. No other team had an ongoing streak longer than four games.

As for losing streaks, well that’s a different story. In terms of futility, the Pistons and Spurs are on record-setting runs.

Detroit was supposed to show significant improvement with the return of Cade Cunningham, who missed most of last season with a shin injury. Instead, the Pistons have fallen into a bottomless abyss. They’ve lost 19 straight, easily surpassing their previous single-season losing streak of 14 games.

The Spurs’ franchise was revitalized by winning the Victor Wembanyama sweepstakes in the draft lottery. Wembanyama mania was prevalent during the offseason and during camp.

However, San Antonio is only making news now by going 5 ½ weeks without a victory. The Spurs have dropped 16 straight, tying their franchise mark.

Both teams are in action tonight, with Detroit hosting the in-season tournament runners-up Pacers and San Antonio visiting much-improved Houston.

The remainder of the Pistons’ schedule before Christmas looks like this: a home-and-home with Philadelphia, at Milwaukee, at Atlanta, home vs. Utah, and at Brooklyn.

San Antonio’s remaining pre-Christmas schedule goes like this: two home games vs. the Lakers, home vs. New Orleans, at Milwaukee, at Chicago, at Dallas.

That brings us to our topic of the day: Will the Pistons and/or Spurs end their lengthy losing streaks before Christmas? If so, which opponent will they defeat to end their slides?

Please take to the comments section to weigh on this topic. We look forward to your input.

Heading In Opposite Direction Of Young Magic

December 10th, 2023 at 6:45pm CST by Dana Gauruder

The Pistons got blown out by the Magic on Friday for their 19th straight loss. Those two franchises seemed to be on parallel trajectories last season but now, while Orlando has taken off, Detroit is endlessly stuck in the rebuild, James Edwards III of The Athletic notes. “You can see right away that everyone (on the Magic) knows who they are — their roles, what they’re supposed to do when they come in, and they’re connected,” Pistons big man Isaiah Stewart said. “They’re connected. You hear them talking. You can just tell they’re connected.”

Injury Notes: Beal, Suns, Porzingis, Harris, Adebayo, Jazz

December 8th, 2023 at 9:41am CST by Luke Adams

Star guard Bradley Beal fully participated in the Suns‘ practice on Thursday, but he’s not quite ready to return from his back injury, writes Duane Rankin of The Arizona Republic. The team wants to get Beal some more practice reps before reinserting him into its lineup, according to head coach Frank Vogel.

“We want to see him stack together a few practices where he responds well,” Vogel said. “No timeline on how many that is or what that looks like, but we want to continue to make sure he’s responding well before we put him back in there. Stay away from being in and out.”

The shorthanded Suns will also be without Kevin Durant (left ankle sprain) and Grayson Allen (right groin strain) when they host Sacramento on Friday. However, as Rankin relays, Vogel referred to those injuries as “short-term” issues, suggesting Durant and Allen may not miss much – if any – additional time beyond Friday.

Here are a few more injury updates from around the NBA:

As expected, Kristaps Porzingis appears poised to return for the Celtics after missing four games due to a strained left calf. He’s considered probable to play in Friday’s game vs. New York, according to the team (Twitter link).
[Note: Porzingis has since been upgraded to available.]
Pistons forward Joe Harris, who has been sidelined since November 5 due to a shoulder injury, has been upgraded to questionable for Friday’s game in Orlando, tweets Omari Sankofa II of The Detroit Free Press. Spacing has been an issue this season for the Pistons, who rank 28th in the NBA in three-pointers per game, so the return of Harris, a career 43.6% three-point shooter, could be a boon.
Heat big man Bam Adebayo will miss a second consecutive game on Friday vs. Cleveland due to his left hip contusion, tweets Ira Winderman of The South Florida Sun Sentinel. Adebayo said earlier this week that he’s unsure about his return timeline.
The Jazz are close to getting some lineup reinforcements. Jordan Clarkson (right thigh contusion), who has missed the past three games, and Kelly Olynyk (right shoulder strain), who has been out for two in a row, are listed as questionable for Friday vs. the Clippers. Lauri Markkanen (left hamstring strain) will be unavailable for a seventh straight contest, but was a full practice participant on Thursday and just has to tick a couple more boxes before being cleared to return, Sarah Todd of The Deseret News explains.

Pistons’ Duren Out At Least Two Weeks With Ankle Sprain

December 7th, 2023 at 7:30pm CST by Rory Maher

7:30pm: The Pistons announced in a press release that Duren underwent an MRI on Thursday which confirmed the sprained ankle. He’s out at least two weeks, which is when he’ll be reevaluated, per the team.

6:40pm: Pistons starting center Jalen Duren is expected to be sidelined for the next two weeks after spraining his left ankle in Wednesday’s loss to Memphis, sources tell Shams Charania of The Athletic (Twitter link).

It’s a tough setback for Duren, who missed seven games last month due to a right ankle injury. With the 2022 lottery pick out, fellow big men like Isaiah Stewart, Marvin Bagley III and James Wiseman could receive more playing time.

Duren has been effective when healthy in his second season, averaging 12.6 points, 10.9 rebounds, 2.5 assists and 1.4 blocks in 28.9 minutes per night. He has posted 10 double-doubles in his 14 appearances.

Injuries have been a major issue for the Pistons in 2023/24, with Duren, Bojan Bogdanovic, Isaiah Livers, Monte Morris and Joe Harris among the players missing significant time. Bogdanovic recently made his season debut after dealing with a calf strain, while Morris (quad) is unlikely to suit up until 2024.

It’s been a disappointing season for Detroit, which hoped to take a step forward in its rebuild. Instead, the team has lost 18 straight games and is currently 2-19 — that’s the worst record in the NBA.

New York Notes: LaVine, DeRozan, Bogdanovic, Dinwiddie, DSJ

December 7th, 2023 at 9:17am CST by Arthur Hill

The Knicks are searching for ways to upgrade their roster, but they haven’t engaged in serious trade talks with the Bulls about Zach LaVine, DeMar DeRozan or any other players, sources tell Ian Begley of SNY.tv. New York has been floated as a potential suitor for LaVine and reportedly explored a possible deal with Chicago prior to last season’s deadline. The Bulls are hoping to find a taker for LaVine, but his latest injury setback should cool any interest around the league, at least for a while.

Bojan Bogdanovic has also been a target for the Knicks in the past, but Begley’s sources say Detroit isn’t looking to move him right now. Bogdanovic recently returned from a calf strain, and the Pistons hope he can help snap an 18-game losing streak and get them heading in the right direction before considering any deals.

There’s more from New York City:

Recent frustration expressed by Knicks guards Josh Hart and Quentin Grimes is the result of a poorly constructed roster with too many redundant players, contends Stefan Bondy of The New York Post. Bondy points out that team president Leon Rose created a roster imbalance this summer when he traded power forward Obi Toppin to Indiana for virtually nothing and signed shooting guard Donte DiVincenzo. The move gave New York too many guards and wings, without enough playing time to keep them all satisfied. Grimes is unhappy about losing minutes to DiVincenzo, but Bondy notes that the same situation occurred last year when Evan Fournier was replaced by Grimes. Bondy’s solution is to either move Grimes to the second unit, which would give him more play-making duties, or to balance the roster with a long-rumored trade for another star.
Spencer Dinwiddie has been willing to adapt his role amid heavy injuries to the Nets‘ backcourt, notes Brian Lewis of The New York Post. Ben Simmons, Dennis Smith Jr., Cam Thomas and Lonnie Walker have all missed time already, forcing Dinwiddie to spend more time running the offense, and he has posted one of the best assist-to-turnover ratios in the league. Dinwiddie will be a free agent next summer, and Lewis says there’s a belief in league circles that his next contract could top the $81MM over four years that Hart received from the Knicks.
Smith, who refers to himself as “a savage,” has been showing why the Nets were so determined to add him in free agency, observes CJ Holmes of The New York Daily News. Smith returned Saturday after missing six games with a lower back sprain, adding another level of toughness to Brooklyn’s scrappy lineup.

Bogdanovic Should Soon Return To Starting Five

December 4th, 2023 at 10:50pm CST by Dana Gauruder

Bojan Bogdanovic is likely to soon regain his starting role with the Pistons, James Edwards III of The Athletic tweets. Bogdanovic, who could be a prime target at the trade deadline, made his season debut on Saturday after recovering from a calf strain and scored a team-high 22 points off the bench.

Pistons head coach Monty Williams said that when the team isn’t playing against two “bruisers” in the opposing lineup, it’s likely Bogdanovic will start at power forward when he gets in a rhythm. Against those bigger teams, Bogdanovic would start at small forward with Isaiah Stewart at power forward.

Even in the midst of the Pistons’ franchise-record 17-game losing streak, Cade Cunningham is showing an improved 3-point stroke, according to Edwards. Cunningham has made 35% of his attempts, compared to 31.4% during his rookie season. He has also converted at least half of his 3-point tries in five of the last seven games. “It was more of a legs thing for me,” Cunningham said of his rookie struggles. “I was playing a lot of minutes, a lot of minutes that I had never played in an NBA season before and had to adjust to stepping back to the NBA 3-point line.”

Central Notes: Weaver, Crowder, White, DeMar

December 3rd, 2023 at 1:55pm CST by Alex Kirschenbaum

The Pistons are currently mired in a league-worst 17-game losing streak. If Detroit isn’t able to somewhat right this ship, even while clearly headed for the lottery this year, general manager Troy Weaver should be fired so a new front office can thrive, opines Shawn Windsor of The Detroit Free Press.

Windsor writes that the Pistons are currently on a 7.5-game win pace for the rest of the season, which would shatter the current record for a full 82-game NBA slate.

Given that the club will have lots of space under the league’s projected salary cap next summer, through which it could add veterans and make significant transactions to improve, Windsor submits that Weaver should not be in a decision-making role with the Pistons at that juncture — barring some kind of growth this year.

There’s more out of the Central Division:

Following a November 14 surgery to correct a partial tear in his left adductor, Bucks reserve forward Jae Crowder is on the mend, having resumed individual on-court work within the last week, writes Jim Owczarski of The Milwaukee Journal Sentinel. “When I touched the ball, I was like, ‘All right, I’m getting close,’” Crowder said. The 33-year-old combo forward was a solid two-way contributor for Milwaukee when healthy this year. In his nine healthy games, he’s logging 8.1 PPG on .532/.416/.583 shooting splits, along with 3.9 RPG, 1.7 APG and 0.8 SPG.
Bulls starting point guard Coby White is enjoying an excellent start to the season for a struggling 7-14 Chicago club. His willingness to shoot from distance early and often has played a part in the team’s current two-game mini-win streak, writes K.C. Johnson of NBC Sports Chicago. The 6’5″ guard is averaging 15.0 PPG on .427/.403/.846 shooting splits, 4.2 APG, 3.1 RPG and 0.9 SPG. He’s connecting on a career-best 40.3% of his career-most 7.1 three-pointers per night.
Bulls All-Star small forward DeMar DeRozan seems to be rediscovering the passing game that he developed during his three-year stint with the Spurs, writes Joe Cowley of The Chicago Sun-Times. To wit, he notched a season-most 10 dimes during Chicago’s surprise 124-118 win over the Pelicans on Saturday. “Just being unselfish, pushing the pace,” DeRozan said of his — and the team’s — approach to the victory.

And-Ones: In-Season Tournament, Point Differential, Cole

December 3rd, 2023 at 10:59am CST by Arthur Hill

While most of the league has gotten back to business as usual, the eight teams that advanced in the NBA’s first-ever in-season tournament are focused on the knockout round and a trip to Las Vegas for the semifinals and title game, writes Tim Reynolds of The Associated Press. Single-elimination games will start Monday with the Pacers hosting the Celtics and the Pelicans meeting the Kings, and will continue Tuesday with Knicks-Bucks and Lakers-Suns matchups.

“I just want to make every appeal I can to our fans that we need the loudest building possible,” Indiana coach Rick Carlisle said. “To show you that no good deed goes unpunished, we draw the team with the best record in basketball. But we do get to play them at home. So that’s something important. We need our building to be as loud and raucous as it possibly can and we need to throw a game out there that’s exceptional.”

The new tournament falls at a perfect time on the NBA calendar, notes Sam Amick of The Athletic. It brings added stakes to numerous early-season games and ends six days before December 15, which marks the unofficial start of trading season as most free agents who signed during the summer become eligible to be dealt. Ten days later marks the Christmas Day showcase, which Amick points out is when much of the general public typically starts paying attention to the league.

There’s more from around the basketball world:

The NBA may have to address the point-differential issue before next year’s tourney, Amick adds in the same piece. Having it as the primary tie-breaker led to unusual strategy in several late-game situations on Tuesday, and Knicks guard Josh Hart said it “messes with the integrity of the game a little bit.” Warriors coach Steve Kerr, whose team needed a 13-point win at Sacramento to reach the final eight, talked with reporters before the game about a scenario where it might be advantageous to let the Kings force overtime and try to dominate the extra session. He also made it clear that he wouldn’t pursue that strategy. “I’ll let (commissioner) Adam Silver answer,” Kerr said. “He gets to decide what we should do. I don’t know. It’s a very interesting question.”
The Athletic’s NBA staff examines the most pressing concerns for all 30 teams, from the top of the league, where the Celtics have to be worried about frontcourt depth in light of Kristaps Porzingis‘ injury history, to the bottom, where the Pistons might be forced into upending their roster sooner than expected.
Veteran guard Norris Cole has joined the G League Ignite, tweets Marc J. Spears of Andscape. Cole, 35, won two titles with the Heat but has been out of the NBA since 2017.

Pistons Notes: Weaver, Gores, Lineup Change, Bogdanovic

December 3rd, 2023 at 9:02am CST by Arthur Hill

The Pistons dropped their 17th straight game Saturday to fall to 2-18, but the organization is still emphasizing patience instead of panic, writes Omari Sankofa II of The Detroit Free Press. Sources tell Sankofa that ownership is unlikely to make major front office changes with so much of the season remaining, which means general manager Troy Weaver will have more time to fix the current mess.

Still, Sankofa cites concern throughout the franchise as no one expected this season to start so badly. Coming off the worst three-year stretch in team history, the Pistons thought they were ready to take a step toward contention. Instead, they have the worst record in the league and are just 4-41 since February 12.

Sankofa traces everything that has gone wrong in Detroit, including management’s decision to be conservative with its offseason cap space while counting on the development of young players to make the team better. The Pistons traded for Monte Morris, who was supposed to bring veteran leadership to the backcourt, but he hasn’t played yet and may be sidelined through January with a quad strain. Joe Harris was acquired to add shooting, but injuries have limited him to seven games and he’s connecting at just 36% from the field.

There’s more from Detroit:

There’s nothing to be gained by firing Weaver now, but owner Tom Gores will have no choice if things don’t improve over the rest of the season, contends Shawn Windsor of The Detroit Free Press. Windsor argues that Weaver hasn’t done anything in his three-plus years with the organization to justify letting him run another draft or oversee the considerable money the Pistons will have to chase free agents next summer.
Coach Monty Williams made a lineup change Saturday night, using guards Cade Cunningham, Jaden Ivey and Killian Hayes as starters, per Mike Curtis of The Detroit News. Williams explained that the move was made partially to match up with Cleveland’s small backcourt, but he likes the way his three guards have been performing together. Curtis notes that Cunningham played off the ball more frequently for the second straight game and showed better decision making with his shooting.
The Pistons got a much-needed addition Saturday night with the season debut of Bojan Bogdanovic, who had been sidelined with a strained right calf. Bogdanovic said he suffered the injury shortly before training camp and had another setback that kept him out longer than expected, tweets James L. Edwards of The Athletic.