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Forbes Releases 2022 NBA Franchise Valuations

October 27th, 2022 at 10:59am CST by Luke Adams

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:

Golden State Warriors: $7 billion
New York Knicks: $6.1 billion
Los Angeles Lakers: $5.9 billion
Chicago Bulls: $4.1 billion
Boston Celtics: $4.0 billion
Los Angeles Clippers: $3.9 billion
Brooklyn Nets: $3.5 billion
Dallas Mavericks: $3.3 billion
Houston Rockets: $3.2 billion
Philadelphia 76ers: $3.15 billion
Toronto Raptors: $3.1 billion
Miami Heat: $3 billion
Phoenix Suns: $2.7 billion
Washington Wizards: $2.5 billion
Milwaukee Bucks: $2.3 billion
Portland Trail Blazers: $2.1 billion
Cleveland Cavaliers: $2.05 billion
Sacramento Kings: $2.03 billion
Utah Jazz: $2.025 billion
San Antonio Spurs: $2 billion
Atlanta Hawks: $1.975 billion
Denver Nuggets: $1.93 billion
Detroit Pistons: $1.9 billion
Oklahoma City Thunder: $1.875 billion
Orlando Magic: $1.85 billion
Indiana Pacers: $1.8 billion
Charlotte Hornets: $1.7 billion
Minnesota Timberwolves: $1.67 billion
Memphis Grizzlies: $1.65 billion
New Orleans Pelicans: $1.6 billion

Pacific Notes: Fox, Crowder, Booker, Klay, Wiggins

October 26th, 2022 at 2:53pm CST by Luke Adams

Appearing on The Draymond Green Show, Kings guard De’Aaron Fox recounted his reaction to the news that Sacramento had traded Tyrese Haliburton to Indiana at last season’s deadline, explaining that he viewed the deal as a strong message from his team.

“For me, it’s like yo, they believe in me,” Fox said, per Ajayi Browne of Slam Online. “But two, it’s like motherf—-r, we just traded somebody who could be a franchise point guard either here or somewhere else. So, you better get on your s–t; you better start winning.”

The Kings received plenty of outside criticism for their decision to trade a rising star like Haliburton in his second NBA season, but Fox is determined to prove that the Kings made the right move by handing him the undisputed reins at point guard.

“Does it add pressure? Yeah, a little bit,” Fox said. “But, at the end of the day, I’ve been trying to get us in the playoffs for years, so it’s a little added pressure. It ain’t hurt anybody.”

Here’s more from around the Pacific:

According to Chris Haynes of Yahoo Sports (Twitter video link), Suns forward Jae Crowder pushed back against the idea that he demanded a trade because he was told he wouldn’t be a starter. “I do not want to get into the details just yet,” Crowder said, as Haynes relayed during a TNT appearance. “But it’s definitely not true, the narrative being pushed about me not starting or not, I can honestly say that.”
Asked about his impressions of Devin Booker so far this season, head coach Monty Williams described the Suns‘ star guard as “probably the most complete player in the league right now” (Twitter link via Gerald Bourguet of PHNX Sports). Booker has averaged 32.5 PPG on .530/.480/.882 shooting through four games (38.8 MPG).
Williams’ comments on Booker came after a Suns victory over the Warriors in which sharpshooter Klay Thompson was ejected for the first time in his NBA career. Kendra Andrews of ESPN has the story on the chippy game between two Pacific rivals, Thompson’s first ejection, and Booker’s account of what Klay was saying to him before he left the floor: “They have four rings, repeated over and over.”
In a conversation with Mark Medina of NBA.com, Warriors forward Andrew Wiggins explained that he took a pay cut on his new four-year, $109MM extension with Golden State because he didn’t want to leave a “winning organization” that treats him well. Wiggins’ goal is to eventually join teammates like Thompson, Andre Iguodala, Draymond Green, and Stephen Curry as “Bay Area legends,” he told Medina: “Hopefully by the time I’m done, people will look at me like that. I just have to keep putting in the work and accomplish what they have accomplished.”

Injury Notes: Westbrook, Kawhi, D. Wright, Thompson

October 26th, 2022 at 8:07am CST by Luke Adams

After struggling during the Lakers‘ 0-3 start, point guard Russell Westbrook is unlikely to play in the team’s fourth game of the season on Wednesday in Denver. As Jovan Buha of The Athletic writes, Westbrook has been listed as doubtful to play vs. the Nuggets due to a hamstring injury, which he sustained during the team’s preseason finale on October 14.

The injury didn’t stop Westbrook from suiting up for the last three games, but if it’s lingering at all, it makes sense for the Lakers to hold him out for a game or two, not only to ensure he gets 100% healthy but also to give him a respite from the criticism he has faced in the early part of the 2022/23 season.

Here are a few more health-related notes from around the NBA:

Clippers star Kawhi Leonard experienced some stiffness in his surgically repaired right knee and was held out of the team’s loss to Oklahoma City on Tuesday, according to Ohm Youngmisuk of ESPN, who adds that Leonard has also been ruled out for the rematch between the two teams on Thursday. Head coach Tyronn Lue didn’t classify it as a setback for Leonard. “We want to be cautious, make sure we’re doing the right thing by him, even though he wanted to play,” Lue said. We just thought it wasn’t smart. He can be mad at us if he wants to but just not smart right now.”
Wizards guard Delon Wright left Tuesday’s game with what head coach Wes Unseld Jr. referred to as hamstring tightness, tweets Josh Robbins of The Athletic. Unseld wasn’t sure after the game about the severity of the injury or if it would require Wright to miss any additional time.
After tearing his ACL in 2019 and his Achilles in 2020, Warriors star Klay Thompson entered this season coming off a healthy summer, but he has still required a ramp-up process and a minutes restriction in the early going as he improves his conditioning, writes Kendra Andrews of ESPN. “I’m such a perfectionist, I want to be great right now,” Thompson said. “But I got to realize, man, it’s a long season. I’d rather peak come playoff time rather than early November or into January.”

Warriors Notes: Wiggins, Williams, Green, Brown, Kerr, Wiseman

October 24th, 2022 at 10:57pm CST by Dana Gauruder

Andrew Wiggins, who signed a four-year, $109MM extension before the season, is playing like a star in the early going. He’s averaging 22.3 points, 6.3 rebounds, 2.7 assists, 2.3 steals and 1.3 blocks through the first three games. Warriors coach Steve Kerr believes Wiggins is playing at the top of his game, according to Dalton Johnson of NBC Sports Bay Area.

“This is the best I’ve ever seen Wiggs,” Kerr said. “He was an All-Star last year, he helped us win a championship and I think he’s used that momentum that he gained a year ago to kind of springboard into this season.”

We have more on the Warriors:

Suns coach Monty Williams was “quietly upset” that JaMychal Green joined the Warriors on a one-year, veteran’s minimum contract, Duane Rankin of the Arizona Republic tweets. “Why did he go there?” Williams said.
The Warriors topped the Kings 130-125 on Sunday in a coaching matchup featuring Kerr and his former top assistant, Mike Brown. Kerr is thrilled that Brown got another head coaching job, Anthony Slater of The Athletic writes. “He’d always talk about how much he loved this job,” Kerr said. “That’s always what we’d lean on if he didn’t get an interview somewhere. Like, ‘You’ve got a pretty good gig. I’ve got it good. You’ve got it good. We’ll just keep it going.’ But we both felt like he was too talented and too young not to get another chance.”
In a subscriber-only story, Howard Beck of Sports Illustrated speaks to James Wiseman about his comeback from a knee injury that kept him out of action last season. Wiseman is averaging 11 points and six rebounds in 17.7 minutes per game.

Injury Notes: DiVincenzo, Zion, Ingram, Boucher, Barnes

October 24th, 2022 at 3:25pm CST by Luke Adams

Warriors guard Donte DiVincenzo injured his left hamstring during Sunday’s victory over Sacramento and won’t travel with the team to Phoenix for Tuesday’s contest, writes Anthony Slater of The Athletic.

Speaking today to reporters, including Kendra Andrews of ESPN (Twitter link), Warriors head coach Steve Kerr revealed that DiVincenzo will miss more than just Tuesday’s game, indicating that the swingman will be reevaluated in one week.

As Andrews relays, the Warriors will be in the midst of a five-game road trip at that point and haven’t yet determined whether DiVincenzo will join them on that trip, which ends on November 4.

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

The Pelicans are listing forwards Zion Williamson (hip), Brandon Ingram (head), and Herb Jones (knee) as questionable for Tuesday’s game vs. Dallas, writes Andrew Lopez of ESPN. Williamson and Ingram left Sunday’s loss after sustaining their respective injuries, while Jones tweaked his knee during that game, but it sounds like none of the three injuries are significant. Imaging on Jones’ knee came back clean, per head coach Willie Green.
Although Green told reporters today that Ingram wasn’t in the NBA’s concussion protocol, the Pelicans put out a press release announcing that Ingram is, in fact, in the protocol. Within the announcement, the team noted that the return-to-participation process can begin no earlier than 24 hours from the time of the injury, which is why Ingram can’t yet be cleared.
Raptors big man Chris Boucher has been cleared to make his regular season debut on Monday after missing the team’s first three games due to a hamstring issue, tweets Josh Lewenberg of TSN.ca. Scottie Barnes remains questionable for Monday with an ankle sprain, but the fact that he’ll likely be a game-time decision is a sign that the injury isn’t as serious as the team initially feared it could be, Lewenberg observes.
In case you missed it, the Lakers ruled out two-way forward Cole Swider for at least the next four weeks due to a foot issue.

Difficult Lineup Decisions Loom For Steve Kerr

October 22nd, 2022 at 11:01pm CST by Arthur Hill

The Warriors boast a deep and talented roster that will eventually lead to tough decisions for head coach Steve Kerr, writes Kendra Andrews of ESPN. Kerr used an 11-man rotation in the season opener, with nine players logging at least 15 minutes. “You have 11 guys that probably deserve the opportunity to play,” Stephen Curry said. “There’s going to be different lineups every night, especially early in the year. … We’re going to have to develop that chemistry as we go. You’re going to continue to try and experiment and give guys opportunities to go out and hoop.”

And-Ones: Breakout Candidates, Wembanyama, Thornwell

October 21st, 2022 at 12:36pm CST by Luke Adams

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).

Warriors Notes: Green, Thompson, Wiggins, Rotation

October 20th, 2022 at 6:45pm CST by Dana Gauruder

Klay Thompson and Draymond Green are being eased into the season but that will change in the near future, Anthony Slater of The Athletic tweets. Thompson had 18 points in 20 minutes and Green added four points, five rebounds and five assists in 25 minutes against the Lakers in the opener. The minutes restrictions on them will be lifted in a couple of weeks, according to Warriors coach Steve Kerr.

We have more on the Warriors:

Thompson heard of a report that he planned to retire after two more seasons. He shot that down, Monte Poole of NBC Sports Bay Area tweets. “There’s a report out there – I have no intention of retiring in 2024. If you write some dumb (stuff) like that, be held accountable,” he said. “That’s crazy. Just because I didn’t play 5-on-5 doesn’t mean I’m gonna retire. That is absurd.” Thompson, whose current contract expires in 2024, was addressing comments made by Connor Letourneau of the San Francisco Chronicle during a radio interview on KNBR.
Andrew Wiggins has a feeling of contentment after signing a four-year extension, Marcus Thompson II of The Athletic writes. “I feel like here — you know, some people will say like, ‘We’re all just one big family.’ But they don’t really say that here. They just show it,” he said. “You know what I mean? They just show it. Families love to be here because they treat everyone so good, like a top-notch organization. And these guys, everyone wants to win, we’re all on the same page, from top to bottom. We all want to see each other succeed. It gives me peace.”
The Warriors showed their depth with an 11-man rotation in the season opener. It won’t be easy to fit all those players into the rotation throughout the season, Slater notes, but Stephen Curry believes each player can continue to contribute until the postseason. “You have 11 guys that probably deserve the opportunity to play and are going to be key for us to be the team that we want to be throughout the regular season and then identify what the best rotation is come playoff time,” he said.

Not Considering Trading Draymond, Per Lowe

October 20th, 2022 at 1:45pm CST by Rory Maher

Don’t expect the Warriors to consider an in-season trade for Draymond Green this season despite the uncomfortable situation he caused by punching Jordan Poole, ESPN’s Zach Lowe said on his Lowe Post podcast (hat tip to RealGM). “If anything, I think that may be underplaying the level of iciness and tension that they’re navigating right now,” Lowe said. “And that’s not to say ‘Are they going to trade Draymond?’ Everything I’ve heard is they are not trading Draymond. They’re just not going to happen. They’re trying to win the championship and will try to ride it out unless something drastic happens. Draymond is going to be on the team all season.”

Warriors Notes: Poole, Curry, Green, Toscano-Anderson, Thompson

October 18th, 2022 at 9:10pm CST by Dana Gauruder

After taking a punch from teammate Draymond Green, Jordan Poole was advised by some of his closest confidants that maybe he shouldn’t sign a rookie scale extension with the Warriors, Logan Murdock of The Ringer reports.

Members of Poole’s inner circle were concerned that the team dynamics would be too difficult to repair. Before Green was reinstated from his team-imposed suspension, Golden State officials ran it by Poole.

Ultimately, Poole couldn’t pass up the financial security, as he chose to ink a four-year extension that can be worth up to $140MM.

We have more on the Warriors:

Stephen Curry is confident that Green will handle the adversity that he brought upon himself, Curry told Shayna Rubin of the Orange County Register. “He’ll figure it out. We will have his back for the entire process,” he said. “He doesn’t need anyone to hold his hand. He responds well to adversity and critics.”
Juan Toscano-Anderson, now a member of the Lakers, received his championship ring during the season opener on Tuesday. He told Jovan Buha of The Athletic beforehand that he’s grateful to be part of the ceremony. “I think it’s bittersweet, man,” Toscano-Anderson said. “… I’m excited to go back and get my ring. It’s pretty dope that I’m gonna be able to celebrate the ring ceremony on opening night with those guys, when the actual ring ceremony is bound to happen.”
While some of his teammates signed extensions, Klay Thompson is now ineligible to ink one until July under current CBA rules because he has two years remaining on his contract. He anticipates everything will work itself out, as told Mark Medina of NBA.com. “I fully expect to earn another NBA contract, whether it’s this summer or next summer,” Thompson said. “I’m fully confident in my abilities. I’m not worried about an extension in the meantime because I know it’ll happen if I just do my job and I just be myself.” He’ll be an unrestricted free agent in 2024 if he doesn’t eventually sign an extension.
What is the Warriors’ approach to its title defense and remaining a perennial contender? Anthony Slater of The Athletic takes a deep dive into those topics, exploring how the team’s two-timeline plan is progressing.