Pistons Rumors

Forbes Releases 2022 NBA Franchise Valuations

For the first time since Forbes began issuing annual valuations of NBA teams over two decades ago, a team other than the Knicks or Lakers ranks atop the publication’s list of 2022’s most valuable franchises.

According to Mike Ozanian and Justin Teitelbaum of Forbes, the Warriors are now considered the NBA’s most valuable club, with a record-setting valuation of $7 billion following a championship season.

Forbes’ duo explains that the Warriors generated more revenue and operating income in 2021/22 than any other team in NBA history, buoyed by $150MM in arena sponsorships and advertising, along with $250MM from premium seating.

While the Warriors enjoyed the biggest bump in value since Forbes’ most recent round of valuations, every other NBA team saw its valuation rise during that time as well, according to Ozanian and Teitelbaum, who say the average franchise is now valued at $2.86 billion. That’s 15% more than a year ago, despite the fact that the stock market is down 15% over the same time period.

Of the NBA’s 30 teams, only one – the Nets – lost money last season, per Forbes’ report, which states that record-setting sponsorship and advertising revenue ($1.35 billion last season) has put the league back on its “pre-Covid growth trajectory.” Further growth is anticipated going forward, with a new television and media deal to be negotiated in the coming years — it will take effect in 2025.

Although Forbes’ figures are just estimates and often don’t quite match up with the sale prices for franchises that change hands, they’re still useful for getting a sense of the league’s most and least valuable teams.

Here’s Forbes’ full list of NBA franchise valuations for 2022:

  1. Golden State Warriors: $7 billion
  2. New York Knicks: $6.1 billion
  3. Los Angeles Lakers: $5.9 billion
  4. Chicago Bulls: $4.1 billion
  5. Boston Celtics: $4.0 billion
  6. Los Angeles Clippers: $3.9 billion
  7. Brooklyn Nets: $3.5 billion
  8. Dallas Mavericks: $3.3 billion
  9. Houston Rockets: $3.2 billion
  10. Philadelphia 76ers: $3.15 billion
  11. Toronto Raptors: $3.1 billion
  12. Miami Heat: $3 billion
  13. Phoenix Suns: $2.7 billion
  14. Washington Wizards: $2.5 billion
  15. Milwaukee Bucks: $2.3 billion
  16. Portland Trail Blazers: $2.1 billion
  17. Cleveland Cavaliers: $2.05 billion
  18. Sacramento Kings: $2.03 billion
  19. Utah Jazz: $2.025 billion
  20. San Antonio Spurs: $2 billion
  21. Atlanta Hawks: $1.975 billion
  22. Denver Nuggets: $1.93 billion
  23. Detroit Pistons: $1.9 billion
  24. Oklahoma City Thunder: $1.875 billion
  25. Orlando Magic: $1.85 billion
  26. Indiana Pacers: $1.8 billion
  27. Charlotte Hornets: $1.7 billion
  28. Minnesota Timberwolves: $1.67 billion
  29. Memphis Grizzlies: $1.65 billion
  30. New Orleans Pelicans: $1.6 billion

Trade Breakdown: Bojan Bogdanovic For Kelly Olynyk

This is the 12th and final entry in our series breaking down the major trades of the 2022 offseason. As opposed to giving out grades, this series explores why the teams were motivated to make the moves. Let’s dive into a deal between the Jazz and Pistons


On September 22, the Jazz agreed to send Bojan Bogdanovic to the Pistons in exchange for Kelly Olynyk, Saben Lee, and $1,752,638 in cash – that amount was the exact cap hit for Lee, who was subsequently waived before the season began.

The Jazz’s perspective:

None of the players involved in this deal are stars, but it was still a pretty surprising move because most league observers thought the Jazz would receive a young player and/or draft assets for an efficient scorer and shooter like Bogdanovic. So why didn’t they?

For starters, Bogdanovic is playing on a $19.55MM expiring contract, which made matching salaries difficult since nearly every team is over the cap (more on that later). He was rumored to be looking for an extension, which may have impacted his trade value since he’s 33 years old and most contending teams are taxpayers. Bogdanovic also has some clear limitations as a player, which we’ll get into.

By acquiring Lauri Markkanen and Jarred Vanderbilt (in separate trades), the Jazz had a couple of younger players to start at the two forward spots. That made Bogdanovic, another forward, redundant to some extent, and there’s no reason why he’d be interested in a reduced role when he’s still playing at a high level.

Reports after the trade indicated that the Jazz received late first-round pick offers for Bogdanovic that required them to take back longer-term salary, so Utah instead chose to create additional financial flexibility. The Suns reportedly pursued the veteran, but also wanted Vanderbilt in the deal, which caused the talks to break down.

It’s one thing to move an expiring veteran, but Vanderbilt is only 23 years old, under contract for two years, and is one of the league’s most energetic rebounders on top of being a plus defender, making him a coveted asset. It’s understandable why Utah didn’t want to deal him so soon after acquiring him.

Instead of receiving draft compensation, the Jazz saved $6.75MM ($5MM against the cap) in 2022/23, because Olynyk makes $12.8MM this season. Clearly Lee — a guard who was the 38th overall pick in 2020 — wasn’t in the team’s plans, but Utah essentially got a free look at him in training camp with the cash received offsetting his salary.

Olynyk has been a solid, productive player for a long time and the Jazz lacked a starting-caliber center after trading Rudy Gobert to Minnesota. Rookie first-rounder Walker Kessler (acquired in the Gobert deal) looks promising and could eventually become a starter, but would be a poor spacing fit with Vanderbilt, whereas Olynyk helps in that regard.

There’s an arrhythmic quality to Olynyk’s game that’s difficult to describe. He has some unique qualities for someone 6’11”, and he provides value in atypical ways for a big man.

Olynyk leverages his outside shooting with drives to the basket, creating plays both for himself and teammates. He’s an unselfish passer and is an above-average ball-handler for a player his size.

If you try to put a smaller player on him, he can score over them in the post. He’s smart and runs the floor hard looking for easy buckets. Olynyk is also versatile enough to play both frontcourt positions against bigger lineups, with first-year head coach Will Hardy deploying him alongside Kessler at times.

The Canadian veteran likes flipping up finger rolls near the rim, such as what turned out to be an off-balance game-winning shot against the Pelicans on Sunday – it’s not always aesthetically pleasing, but more often than not it goes in. That’s basically Olynyk in a nutshell — unusual but effective.

I think Olynyk’s sometimes awkward-looking play makes people take him less seriously for some reason. Maybe that’s why writers, analysts and fans alike seemed to overstate the difference in on-court impact between Bogdanovic and Olynyk when evaluating this trade.

Case in point, with the caveat that per 36 numbers are a bit misleading:

Player A’s career per 36 averages (607 games): 18.6 PPG, 4.5 RPG, 1.9 APG (2.0 TO) and 0.7 SPG on .457/.393/.862 shooting. Career advanced stats: 59.2% true shooting percentage, 33.4 win shares, 5.0 value over replacement player, 14.0 player efficiency rating.

Player B’s career per 36 averages (614 games): 16.5 PPG, 8.3 RPG, 3.4 APG (2.4 TO) and 1.2 SPG on .477/.368/.782 shooting. Career advanced stats: 59.0 TS%, 35.6 WS, 9.9 VORP, 15.8 PER.

Player A is Bogdanovic. Player B is Olynyk.

Olynyk is clearly a better inside finisher and passer, while Bogdanovic is a more prolific scorer and higher-level shooter. Neither is a great defender, though Olynyk has the edge as a rebounder and play-maker on that end.

Two big differences: Bogdanovic has started the majority of his career with an average of 29.1 minutes per game, while Olynyk has primarily been a reserve and only holds a career average of 22.0 MPG.

The main reason Olynyk has come off the bench for most of his career is that he isn’t a traditional rim protector and is a below-average rebounder for a center. Protecting the paint is the foundation of any good defense, and it’s probably his biggest weakness as a player (he’s also foul-prone). Bogdanovic doesn’t have to worry about that as much since he’s a forward.

Don’t get me wrong, Bogdanovic is definitely a better player than Olynyk. There’s no question about that. That’s why he got $73MM over four years the last time he was a free agent and Olynyk got $37MM ($28MM guaranteed) over three.

But is Bogdanovic worth an additional $5MM cap hit for one season?

In a vacuum, yeah, probably. But that’s a much tougher call with the context that Utah’s power forward spot was crowded, Olynyk filled a positional need, and reducing the cap hit this season gave the Jazz more flexibility to take on additional salary without going into the luxury tax if they opt to make more trades, which seems highly likely.

Flipping Olynyk down the line is certainly a possibility; he’d have some takers as a floor-spacing big with only $3MM in guaranteed money in ‘23/24 (he’ll make $12.2MM if his contract becomes fully guaranteed). He’s off to a strong start with the Jazz, averaging 15.5 PPG, 3.8 RPG, 3.3 APG and 1.3 SPG on .611/.786/.778 shooting in four games (28.5 MPG). Obviously those shooting splits are unsustainable, but it’s reasonable to believe he’ll have another productive season.

It’s also worth noting that Jazz president Danny Ainge acquired Olynyk’s rights when he was drafted with the 13th overall pick in 2013, and the 31-year-old spent his first four seasons under Ainge with the Celtics. That level of familiarity often plays a factor in trades.

The Pistons’ perspective:

Detroit’s side of things is easier to understand. The Pistons were one of only three teams under the cap this offseason (the Pacers and Spurs are the others), and used their remaining cap room to take on Bogdanovic’s extra salary (though including Lee would’ve allowed them to adhere to salary-matching rules anyway). That enabled them to receive a superior player without having to give up any draft compensation.

Olynyk was limited to 40 games due to injuries in his first year with the Pistons in ‘21/22 and struggled when he did play, posting career lows of 44.8% from the field, 33.6% on three-pointers, and 19.1 MPG. You’d think that may have depressed his trade value a little, but Utah didn’t seem to mind, instead focusing on his larger body of work.

As with Utah’s forwards, Detroit had a crowded center rotation with Isaiah Stewart, Jalen Duren, Marvin Bagley III, Nerlens Noel and Olynyk all vying for minutes. Removing Olynyk from that equation and adding a forward in Bogdanovic made a lot of sense, because there wasn’t much depth at that spot.

I previously mentioned that per-36 numbers are a bit misleading. Here are Olynyk’s actual per-game averages from 2018-22:

10.3 PPG, 5.3 RPG, 2.2 APG and 0.8 SPG on .468/.360/.823 shooting (.605 TS%) in 256 games (108 starts, 22.9 MPG). 15.1 WS, 4.5 VORP, 15.4 PER.

Here are Bogdanovic’s over the same span:

18.3 PPG, 4.1 RPG, 1.9 APG and 0.6 SPG on .461/.403/.860 shooting (.601 TS%) in 285 games, all starts (31.6 MPG). 21.3 WS, 4.8 VORP, 15.4 PER.

It’s interesting that their TS%, VORP and PER are so similar, but Bogdanovic clearly offers more scoring and outside shooting, two key deficiencies for the Pistons last season (they were 28th in points and 29th in 3PT%). His career assist-to-turnover ratio is negative, which is never great, but he won’t be tasked with much play-making alongside Cade Cunningham and Jaden Ivey.

Young teams like the Pistons need veterans to show them how to be professionals. Bogdanovic leads by example with consistent offensive output. He was the fourth-best player on the league’s top regular season team in ’20/21, and his play hasn’t dropped off since.

While Bogdanovic has the (deserved) reputation of being a sharpshooter, his offensive repertoire is more varied than that title might suggest. He can create his own shot, he’s an above-average finisher at the rim, he can post up smaller players on switches, and he gets to the free throw line at a decent clip.

Like Olynyk, Bogdanovic has gotten off to a great start with his new club. He has been Detroit’s most effective player through five games (31.2 MPG), averaging 23.2 PPG, 3.4 RPG and 2.4 APG on .533/.512/.882 shooting.

The fact that Bogdanovic is such a strong shooter and has reached peak performance in recent seasons might portend well for the future, even if he’s 33. If he enjoys playing for the Pistons, I could see the two sides reaching a short-term extension – maybe something like two years, $40-45MM — before he hits free agency next summer.

Another positive aspect of Bogdanovic’s career is that he’s been quite durable, only missing 33 games in the eight seasons leading up to ‘22/23.

Overall, I think it was a logical trade for both sides, with Bogdanovic and Olynyk filling positional needs for their respective clubs. The Jazz gained financial flexibility by reducing their team salary, and Olynyk’s mid-sized contract theoretically makes him pretty easy to trade once he becomes eligible, if they choose to go that route. The Pistons got the better player, and hope to keep him around beyond this season.

Central Notes: Garland, Osman, Burks, Turner

Cavaliers All-Star point guard Darius Garland, still dealing with a left eyelid laceration, is not expected by head coach J.B. Bickerstaff to return to Cleveland’s lineup for its contest against the Magic tomorrow, per Kelsey Russo of The Athletic (Twitter link).

“He’s doing stuff on the floor now, breaking a sweat,” Bickerstaff said. “Again, time will tell how far the swelling goes down and how quickly.”

Thus far this year, Garland’s only on-court action has come during the Cavaliers’ opener last Wednesday. He was only available for 13 minutes before leaving due to the injury.

There’s more out of the Central Division:

  • Cavaliers small forward Cedi Osman is fitting into the niche role head coach J.B. Bickerstaff wants him to fulfill this season, according to Chris Fedor of Cleveland.com. “I know what J.B. expects of me every night,” Osman told Fedor last Saturday. “Most importantly, he expects energy and defensive effort from me every time I’m on the floor. I’m aware of that. I’m capable of doing it.” Bickerstaff added, “What we have told Cedi is he is not a make-or-miss player,” he said. “He is a two-way impact guy… We will never take him out for missing a shot because he has the ability to be a sparkplug on both ends of the floor.”
  • Journeyman Pistons shooting guard Alec Burks, still working through a fractured left navicular bone, has been scrimmaging with teammates in three-on-three and four-and-four practices, per Mike Curtis of The Detroit News. Curtis adds that Burks is expected to slot in as a reserve playmaker when he does fully recover. “He’s still a ways away,” Detroit head coach Dwane Casey said. “Not putting a timetable on it. He’s getting some work in, but nothing live.
  • Pacers center Myles Turner, who has yet to suit up for Indiana while dealing with a sprained left ankle, has had his status upgraded to questionable ahead of tomorrow’s game against the Bulls, per Scott Agness of Fieldhouse Files (Twitter link). Agness adds that Turner practiced with the Pacers today.

Spurs Notes: Bassey, Jones, Langford

Charles Bassey‘s representatives spoke to 22 teams after the big man was waived by Philadelphia on October 13, including the Pistons, Cavaliers, Suns, and Raptors, reports Keith Pompey of The Philadelphia Inquirer. However, according to Pompey, most of the teams that reached out to Pompey wanted to sign him to an Exhibit 10 contract and have him play on their G League affiliate this season.

Some of those G League offers might’ve resulted in a promotion to the NBA later this season or in 2023/24, but Bassey didn’t want to settle — he ultimately signed a two-way contract with the Spurs earlier today.

“I didn’t want to wait for the next year for a roster spot,” Bassey said, per Pompey. “That’s too long. The Spurs came hard … Some of the teams wanted to give me a roster spot, but they couldn’t give me one right now. I just didn’t want to go through that (Exhibit 10/G League) route. San Antonio said, ‘We can give you a two-way this year and we’ll see where it goes from there.'”

It’s a homecoming of sorts for Bassey, who lived in San Antonio when he first moved to America from Nigeria in 2015 and still has some family in the city. He also believes the franchise is an ideal fit for him.

“It’s a young organization,” Bassey said. “They are rebuilding. I feel like I’m going to have a great chance to play in a pretty good organization. And it’s a character organization. Everybody does stuff the same. … I feel like I’m going to fit right in.”

Here’s more on the Spurs:

  • In an in-depth story for The San Antonio Express-News, Tom Orsborn takes a look at how Tre Jones is embracing what he calls a “big opportunity” to start at point guard for the Spurs this season. Jones is averaging 16.3 PPG on 53.1% shooting in his first three games this season, a significant step up from last season’s 6.0 PPG on 49.0% shooting. “When we find guys we think have that potential (to be leaders), we try to help it grow,” head coach Gregg Popovich. “Tre has just got it. Some people don’t, some people do. I remember Coach K (former Duke coach Mike Krzyzewski) telling me about what I would like about Tre, and that was one of the major things. He is just a born leader.”
  • The battle for the Spurs’ 15th regular season spot entering the season was believed to come down to Romeo Langford vs. Joe Wieskamp, with Langford ultimately making the team. Asked what he wants to see from Langford this season, Popovich said he believes the former Indiana standout has the potential to be a “hell of a defender,” per Scott Agness of Fieldhouse Files (Twitter link).
  • Here’s more from Popovich on Langford: “He’s got quick feet, he’s really long, he anticipates well, and he’s got a real bounce to him. Offensively, I think confidence is what he needs right now. I think he an become a two-way player. He can score at one end and really shake it up at the defensive end. That’s what I’ve seen from him in the short time I’ve been around him and that’s why we kept him.”

Community Shootaround: Detroit Pistons

After going 43-111 over the past two years, tied with the Magic for the second-worst record in the NBA over that span, the Pistons are one of the rebuilding teams hoping to take a step forward in 2022/23. General manager Troy Weaver has completely reshaped the roster since being hired on June 18, 2020, and the trade for Bojan Bogdanovic showed Detroit is serious about improving in both the short and long term.

The starting lineup features several recent first-round picks, including Cade Cunningham, Jaden Ivey, Saddiq Bey and Isaiah Stewart (Bogdanovic is the fifth starter). The reserves include a couple more recent first-rounders in Killian Hayes and Jalen Duren, plus veterans Cory Joseph, Hamidou Diallo, Kevin Knox and Rodney McGruder.

Marvin Bagley III (knee), Alec Burks (wrist) and Nerlens Noel (foot) are currently sidelined with injuries, but second-year forward Isaiah Livers (hip) has been removed from the team’s injury report and could make his debut in Saturday’s game against the Pacers, according to James L. Edwards III of The Athletic (Twitter link).

The Pistons have gotten off to a 1-1 start thus far, with a close victory over Orlando and then a blowout loss to the Knicks. Ivey and Duren, both lottery picks this year (No. 5 and No. 13) have been surprisingly effective for rookies in the early going. Ivey has averaged 18.5 PPG, 2.5 RPG, 6.5 APG and 1.5 SPG on .519/.375/1.000 shooting (30.5 MPG), while Duren has put up 11.0 PPG, 10.0 RPG and 1.5 BPG in 22 MPG.

There’s definitely talent on the roster, with Cunningham, last year’s No. 1 overall pick, headlining the group. Bogdanovic helps improve the team’s shooting, which has been a major weakness (the Pistons finished 29th in both two-point and three-point percentage last season).

Still, the East is stacked with strong teams, including (in no particular order) the Celtics, Bucks, Sixers, Raptors, Hawks, Cavs, Heat, Nets and Bulls. I liked the Knicks’ free agent additions of Jalen Brunson and Isaiah Hartenstein, and the Wizards should be better than last season’s 35-win campaign if they’re healthy, so it seems like the Pistons might have a difficult time finishing better than 12th in the standings unless there is major internal development.

In our over/unders last month, 51.6% of our voters predicted the Pistons to finish with more than 28.5 wins (they finished 23-59 in ’21/22).

That brings us to our question of the day. What’s a reasonable goal for the Pistons this season? Do you think they have a shot at the play-in tournament if things go well, or is it a year too early? Would an incremental step forward, like winning 30 or so games, be considered a success?

Head to the comments section and let us know what you think.

Stewart Becomes Duren's Mentor

  • Pistons big man Isaiah Stewart is only 21, but he’s become a mentor to the youngest player in the league, Jalen Duren, according to James Edwards III of The Athletic. It doesn’t bother Stewart that Duren might cut into his playing time. “I know this is a league where you’re fighting for positions and minutes, but that’s not something I’m worried about,” Stewart said. “I know what’s most important is being there for the young fella. I’m there for him, whatever he needs. Sometimes I’ll just start talking to him just because. I know you’re a rook, first year.’ I want him to feel and know that I’m here for him on a positive note.”

And-Ones: Breakout Candidates, Wembanyama, Thornwell

Michael Scotto of HoopsHype polled 20 NBA executives on their top three breakout candidates for the 2022/23 season and found that Sixers guard Tyrese Maxey was the most popular pick. While I’d argue that last season represented a breakout year for Maxey, some executives have far higher expectations for him going forward.

“Maxey’s going to be better than James Harden,” one general manager said to Scotto. “He just keeps getting better and better and will be a huge reason why they have success this season.”

Pacers guard Tyrese Haliburton, Timberwolves guard Anthony Edwards, Magic forward Franz Wagner, and Rockets guard Jalen Green were among the other popular breakout picks, based on the responses Scotto got from executives. Interestingly, Warriors big man James Wiseman and Pistons forward/center Marvin Bagley III were each picked as this year’s top breakout candidate by one GM.

Here are a few more odds and ends from around the basketball world:

  • In his latest look at the top prospects in the 2023 NBA draft class, David Aldridge of The Athletic passes along several entertaining quotes from NBA executives, including one Eastern Conference exec’s response to whether Scoot Henderson could surpass Victor Wembanyama as next year’s No. 1 pick: “Scoot’s good, but, no. Short of Wembanyama having murdered somebody, there’s just no way.”
  • Veteran guard Sindarius Thornwell has signed with Frutti Extra Bursasport, the Turkish team announced this week (via Twitter). Thornwell has appeared in 160 total NBA games and played for New Orleans and Atlanta in 2020/21, but wasn’t in the league last season.
  • Longtime NBA referee Tony Brown, who officiated over 1,100 games, including one in the 2020 NBA Finals, passed away on Thursday after a fight with pancreatic cancer, according to his family (story via ESPN.com).

Assistant GM On Leave, Under Investigation

Pistons assistant general manager Rob Murphy has been put on leave as the organization investigates an allegation of workplace misconduct regarding a former female employee, ESPN’s Adrian Wojnarowski reports. Murphy’s leave began approximately a week ago.

Murphy was hired as an assistant GM this offseason after serving as the Pistons’ G League president and general manager since March 2021. He had spent the previous two decades as a college coach, including 10 years at Eastern Michigan as its head coach.

Assistant Coach Bill Bayno Undergoes Successful Prostate Cancer Surgery

  • Pistons assistant coach Bill Bayno underwent successful prostate cancer surgery on Tuesday and will be away from the team recovering for the next four-to-six weeks, Detroit announced. Bayno has been an assistant with the Blazers, Wolves, Raptors and Pacers in addition to the Pistons. 2022/23 will be his fifteenth season as an NBA assistant. The Hoops Rumors staff wishes Bayno well in his recovery.