Rockets 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.

Rockets, Cavs Remain Engaged On Alec Burks

As of Tuesday night, the Rockets and Cavaliers remained engaged in trade discussions involving Cleveland guard Alec Burks, according to Jason Lloyd of The Athletic. The hypothetical deal would send Brandon Knight and a first-round pick to the Cavs, Lloyd notes.

ESPN’s Zach Lowe reported last week that Houston and Cleveland had talked about a trade involving Burks, Knight, and a first-rounder, but suggested at the time that those discussions had “quieted.” Based on Lloyd’s account, it sounds like neither club has closed the door on a deal quite yet.

Burks, 27, has enjoyed a solid bounce-back season after being traded from Utah to Cleveland earlier this season. In 34 games (28 starts) as a Cavalier, the former 12th overall pick – who will be an unrestricted free agent at season’s end – has averaged 11.6 PPG, 5.5 RPG, and 2.9 APG on .400/.378/.806 shooting.

Trading for Burks would cost the Rockets their 2019 first-round pick, but it would create extra financial breathing room for 2019/20 by clearing Knight’s salary. Houston will have ongoing tax concerns moving forward and would like to move Knight’s contract if possible.

The Cavs, having already traded Kyle Korver, George Hill, and Rodney Hood, are looking to get what they can for their veteran assets, but a Burks trade wouldn’t be popular in the locker room, Lloyd writes. According to Lloyd, Burks has “built up equity” among Cleveland’s veterans since arriving from Utah and some would like to see him stick around long-term, though that appears unlikely.

As Kevin O’Connor of The Ringer reiterated earlier today, the Rockets are also dangling Knight, a first-round pick, and Marquese Chriss in talks with the Grizzlies, presumably for JaMychal Green and Garrett Temple. If Houston prefers that potential deal with Memphis, perhaps the club views a Burks acquisition as a Plan B.

The Thunder are also said to have interest in Burks, per O’Connor.

O’Connor’s Latest: Gasol, Conley, OKC, Prince, More

As we relayed earlier today, Kevin O’Connor of The Ringer hears that the Hornets‘ offer for Grizzlies center Marc Gasol is Bismack Biyombo, Michael Kidd-Gilchrist, and a protected first-round pick. That would be an underwhelming return for Gasol, but there hasn’t been much league-wide interest in the 34-year-old, O’Connor writes.

The Kings and Pistons were among the teams potentially in the mix for Gasol, according to O’Connor, but Memphis didn’t have any interest in Detroit center Andre Drummond and Sacramento was unwilling to part with promising young wing Bogdan Bogdanovic, whom the Grizzlies wanted.

The Raptors reportedly explored a potential Gasol deal, initially attempting to come up with an individual trade for one Grizzlies veteran before turning it into a package for both Gasol and Mike Conley, O’Connor writes. However, those talks didn’t advance and league sources tell The Ringer that it’s unlikely Toronto ends up with Gasol or Conley.

Elsewhere on the Conley front, the Jazz continue to make a strong push, with an offer that includes Ricky Rubio, Derrick Favors, and a first-round pick, per O’Connor. The sense around the NBA is that the Grizzlies won’t settle for a modest return for Conley, which is something we heard in relation to the Pistons’ offer earlier today.

O’Connor’s latest piece for The Ringer features several more trade-related tidbits, so we’ll round them up here…

  • The Thunder are believed to be among the teams with interest in Cavaliers guard Alec Burks, league sources tell O’Connor. However, Burks wouldn’t fit into OKC’s $10.88MM trade exception. The Thunder, along with the Sixers and Trail Blazers, have expressed interest in Hawks wing Taurean Prince, O’Connor adds.
  • Following up on his report from last week about the Rockets and Grizzlies discussing a Brandon Knight trade, O’Connor suggests that Marquese Chriss and a first-round pick would also go to Memphis in that proposed deal. Houston would be targeting JaMychal Green and Garrett Temple in the swap, though it remains in the discussion stage for now.
  • The Kings have made calls about veteran forwards Harrison Barnes (Mavericks) and Otto Porter (Wizards) but have found no traction on a Porter deal, writes O’Connor.
  • While DeAndre Jordan looks like an obvious trade candidate, it wouldn’t be a major surprise if the Knicks keep him around as a potential recruiter for Kevin Durant, according to O’Connor, who notes that Durant and Jordan are good friends. Stefan Bondy of The New York Daily News wrote about this subject on Tuesday.
  • League sources don’t expect the Celtics to do anything at the deadline with Terry Rozier, since he could serve as potential Kyrie Irving insurance or a sign-and-trade sweetener for Anthony Davis in the offseason, says O’Connor.
  • According to O’Connor, the Pacers remain open to moving one of their two veteran point guards, Cory Joseph or Darren Collison. Both players are on expiring contracts.

NBA G League Assignments/Recalls: 2/4/19

Here are Monday’s assignments and recalls from the G League:

  • The Nets assigned forward Mitch Creek to the Long Island Nets, then recalled him and rookie Dzanan Musa in time for tonight’s game against Milwaukee, Brian Lewis of the New York Post tweets. Musa scored 26 points and Creek added 15 in Long Island’s loss to the Fort Wayne Mad Ants on Monday afternoon. Creek signed a second 10-day contract on Monday morning.
  • The Celtics recalled rookie big man Robert Williams from the Maine Red Claws, the team’s PR department tweets. The first-round pick has appeared in 22 games with Boston this season.
  • The Rockets assigned forward Gary Clark to the Rio Grande Valley Vipers, Jonathan Feigen of the Houston Chronicle tweets. Clark has appeared in 36 games with the Rockets, including one start, averaging 2.9 PPG and 2.6 RPG in 14.6 MPG.

Deveney’s Latest: Blazers, Harkless, Saric, Matthews

After officially acquiring Rodney Hood in a trade with Cleveland earlier today, the Trail Blazers may not be done dealing, writes Sean Deveney of Sporting News. According to Deveney, some executives around the NBA have suggested that Portland regretted its relative inactivity at last season’s deadline and is more willing to make moves this time around.

Whether the Trail Blazers do anything drastic may hinge on their willingness to move second-year big man Zach Collins, according to Deveney, who says that the team has “resisted inquiries” on Collins so far.

Maurice Harkless is among the Trail Blazers who could be had though, and the team is open to moving its first-round pick as well, per Deveney. Harkless has one more year on his contract after this season, which figures to limit his value — teams like the Knicks and Nets have had interest in him in the past, but won’t want to compromise their 2019 cap flexibility by acquiring him now, Deveney observes.

Here’s more on the Blazers, plus a couple other notes from Deveney on the trade market:

  • Nikola Mirotic (Pelicans), Jeremy Lin (Hawks), Evan Fournier (Magic), and JaMychal Green (Grizzlies) are among the players the Trail Blazers have expressed interest in, sources tell Deveney.
  • Dario Saric‘s production and playing time has dipped since Ryan Saunders took over as the Timberwolves‘ head coach, and Deveney suggests that it wouldn’t be a shock to see Saric back on the trade block in the offseason, or even this week. “He could be had for a decent offer, a first-rounder and a player,” one league executive told Deveney.
  • Deveney reiterates that the Raptors and Rockets are expected to be among the favorites for Wesley Matthews if he’s bought out, as we heard earlier today. The Bucks wouldn’t be among Matthews’ suitors, per Deveney, though Milwaukee hopes to add one more frontcourt piece via trade or free agency.

Wesley Matthews Would Be Popular Target On Buyout Market

Veteran swingman Wesley Matthews made his Knicks debut on Sunday, but it’s unclear how many more games he’ll play for the club. New York has received “multiple inquiries” about Matthews, according to Marc Berman of The New York Post, who hears from a source that the Sixers are expected to have some interest in a deal.

Berman writes that a buyout “won’t happen,” but that could be posturing from the Knicks’ side, as opening the door for that possibility would diminish Matthews’ value on the trade market. If the 32-year-old ends up being bought out, he’d be a popular free agent target, according to Marc Stein of The New York Times (Twitter link).

Stein identifies the Rockets, Thunder, Raptors, 76ers, and Warriors as teams hoping Matthews makes it to free agency. Tim MacMahon of ESPN.com had previously reported (via Twitter) that Houston would have interest in Matthews on the buyout market.

While the Knicks appear to be resisting the buyout route, it might be tricky for the club to find a taker for Matthews by Thursday’s deadline. The franchise has zero interest in taking on 2019/20 salary, and there aren’t a ton of expiring contracts around the NBA that make sense as salary-matching pieces for Matthews’ own $18.6MM expiring deal.

A team like the Kings might make sense as a trade partner for the Knicks, since they have $11MM in cap room and multiple non-rotation veterans on expiring deals, including Zach Randolph ($11.7MM). Clubs like the Rockets, Thunder, and Raptors, however, wouldn’t have a clear path to a trade, given their current cap situations, which is why they’re hoping Matthews is ultimately bought out.

As the Knicks consider their options with Matthews, it’s worth noting that head coach David Fizdale has said that he believes both Matthews and DeAndre Jordan could have a future in New York, as Berman relays. The Knicks are hoping that Jordan will be a “big influence” on rookie center Mitchell Robinson, Berman adds.

“Both of those guys have played some [playoff] series on some really good basketball teams,” Fizdale said. “And who knows what the future holds for these guys? They’re ours now, free agents at the end of the year, but who knows? I want them to come here and enjoy the process with us and really help the young guys.”

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.

Rockets, Grizzlies Discuss Brandon Knight Trade

The Rockets have discussed a trade with the Grizzlies involving guard Brandon Knight, Kevin O’Connor of The Ringer tweets. Houston has been offering a first-round pick to sweeten the package, O’Connor adds.

Knight is making a guaranteed $14.6MM this season and another $15.63MM next season. Knight, 27, has only appeared in 12 games this season after missing all of last season with a knee injury. He hasn’t seen the court since January 11th.

It’s not clear which Grizzlies player(s) the Rockets would be targeting in return for Knight, but Memphis has gone into fire sale mode and is shopping veterans Marc Gasol and Mike Conley. Garrett Temple and JaMychal Green, both on expiring contracts, are among the Grizzlies’ lower-cost trade candidates who could help a contender like Houston.

The Grizzlies would likely try to buy out Knight if they acquired him.

Sixers, Jazz Express Interest In Nikola Mirotic

Behind the Anthony Davis drama, the Pelicans are ready to start taking their current roster apart in exchange for future assets, according to Sean Deveney of Sporting News. He adds that their most enticing trade piece is stretch forward Nikola Mirotic, who is drawing interest from both the Sixers and Jazz.

New Orleans is seeking a first-round pick in exchange for Mirotic, who has been sidelined for the past week with what Deveney calls “a so-called calf strain.” A league source tells him that the Sixers, who have needed forward help since sending Dario Saric and Robert Covington to Minnesota in the Jimmy Butler trade, have contacted the Pelicans about Mirotic. Philadelphia owns all of its future first-rounders, along with Miami’s in 2021, and a wealth of second-rounders, including the Bulls’ this year, the Knicks’ and Nets next season and four in 2021.

The Jazz, who were considered frontrunners to wind up with Mirotic when the Bulls were looking to move him last season, are also in the mix, Deveney adds. It’s uncertain whether Utah is willing to part with starting forward Derrick Favors or would offer young players such as Raul Neto and Tony Bradley in addition to a first-round pick.

Deveney notes that other teams could still enter the race for Mirotic, such as the Trail Blazers, who are seeking to add roster depth, and the Rockets, who have been eyeing him for a long time.

Mirotic, 27, is averaging 16.7 points and 8.3 rebounds through 32 games and is shooting 36.8% from 3-point range. He is making $12.5MM on an expiring contract.

NBA G League Assignments/Recalls: 1/31/19

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