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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.

And-Ones: IST, 2024 Draft, Team USA, Trade Candidates

December 12th, 2023 at 11:12am CST by Luke Adams

The final of the NBA’s first in-season tournament on Saturday night was the league’s most-watched regular season game (besides Christmas Day games) on any network in nearly six years, according to a press release.

The broadcast of the Lakers‘ victory over the Pacers averaged 4.58 million viewers, peaking at 5.68 viewers. No regular season broadcast has achieved those heights since February of 2018. The audience for Saturday’s final also represented a 64% increase over the average viewership for last season’s prime-time Saturday games on ABC.

While it was already a lock that the in-season tournament wouldn’t be a one-off and that we’d see it again next season, those television ratings are more evidence that the event accomplished what the NBA wanted it to.

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

In their latest 2024 NBA draft notebook, ESPN’s Jonathan Givony and Jeremy Woo (Insider link) take a closer look at several prospects, considering whether there will be roles in the NBA for traditional big man Zach Edey and defensive specialist Ryan Dunn, examining the rise of Colorado’s Cody Williams to No. 4 on their big board, and evaluating Bronny James‘ USC debut. James already looks like USC’s best defender but is a work in progress offensively, says Givony.
The U.S. men’s national team will face South Sudan on July 20 and Germany on July 22 at London’s O2 Arena ahead of the 2024 Olympics in Paris, USA Basketball announced today in a press release. South Sudan’s team earned its first-ever Olympic berth earlier this year, while the Germans won the 2023 World Cup, knocking off Team USA in the semifinals.
In the latest HoopsHype podcast, Michael Scotto and Yossi Gozlan identified and discussed several possible trade candidates who will become eligible to be dealt as of December 15, including multiple Lakers, Rockets, and Bulls players. Several of the names on their list – such as D’Angelo Russell, Jock Landale, and Caris LeVert – were ones we singled out in our most recent article for Trade Rumors Front Office subscribers.

NBA Announces All-Tournament Team

December 11th, 2023 at 12:29pm CST by Rory Maher

The All-Tournament Team of the NBA’s inaugural in-season tournament features Giannis Antetokounmpo (Bucks), Kevin Durant (Suns), Tyrese Haliburton (Pacers), LeBron James and Anthony Davis (both of the Lakers), the league announced on Monday (via Twitter).

According to the NBA (Twitter link), the All-Tournament Team was selected by the media based on performance in both group play and the knockout rounds, with players chosen without regard to position. The full list of players receiving votes and the voters themselves can be found right here.

Antetokounmpo, Haliburton, James and Davis were all unanimous selections, which isn’t surprising considering their excellent play and how far they advanced in the tournament. The Lakers beat the Pacers in the final, with James claiming tournament MVP, Davis finishing second, and Haliburton third.

The Bucks fell in the semifinals to the Pacers, but Antetokounmpo put up his typical stellar numbers throughout the tournament, including averaging 36.0 points, 9.0 rebounds, 6.0 assists, 1.5 steals and 1.0 block while shooting 68.3% from the field in his two knockout appearances (37.2 minutes).

The final spot went to Durant, whose Suns narrowly lost in the quarterfinals to L.A. He received seven votes, with Brandon Ingram (four), Nikola Jokic (three), De’Aaron Fox (two), Damian Lillard (two), Jayson Tatum (one) and Myles Turner (one) also receiving consideration from the media panel.

Charania’s Latest: Siakam, Bulls, Tucker, Vincent, Morant, Grizzlies

December 11th, 2023 at 11:02am CST by Arthur Hill

Rival teams believe Pascal Siakam is the most likely player to be traded if the Raptors decide to break up their core, according to Shams Charania of The Athletic.

Charania identifies the Hawks, Kings and Pacers as “expected suitors” for either Siakam or OG Anunoby. Atlanta had “intense conversations” with Toronto during the offseason about a potential Siakam deal, and Sacramento and Indiana have both reached out to the Raptors about his availability over the past year, according to Charania. However, he adds that the Kings are becoming more confident that they can develop into a contender with their current roster and may be less likely to pursue a major trade.

Both players are headed toward free agency next summer, with Siakam on a $37.9MM expiring contract and Anunoby holding a $19.9MM player option for 2024/25 that he’s virtually certain to decline. Toronto’s front office might be more aggressive about seeking a trade after losing free agent Fred VanVleet this offseason, but a rival executive tells Charania to expect “a game of chicken” from the Raptors all the way to the deadline.

Charania offers an inside look at several other teams:

The Bulls have won four straight games without Zach LaVine, but his injury setback is expected to slow down any progress toward a trade. Charania identifies the Lakers and Sixers as potential destinations, but adds that both teams are being patient while considering their options. Several teams have called about Alex Caruso, league sources tell Charania, but Chicago’s front office has no interest in moving him.
P.J. Tucker is unhappy with his current situation, and the Clippers are working with him to resolve it, either by giving him a larger role or moving him elsewhere, according to Charania. Tucker, who came to L.A. in the James Harden trade, hasn’t played since November 27 and is mainly serving as a mentor to the team’s younger players. Charania hears that multiple contenders are keeping an eye on Tucker’s potential availability.
The Lakers could have Gabe Vincent back on the court by next Monday, sources tell Charania. After signing as a free agent this summer, Vincent has been dealing with a left knee effusion that has limited him to four games.
Grizzlies guard Ja Morant “looks good” as he prepares to return from his suspension, according to Charania’s sources. Commissioner Adam Silver said over the weekend that Morant “has complied with everything he’s been asked to do.” He could be cleared to return as early as December 19 for a game at New Orleans.
The Grizzlies will have to remove someone from their roster when Morant is reinstated, and they would prefer to keep veteran center Bismack Biyombo, according to Charania. Memphis signed Biyombo to a one-year, $5MM contract after an injury sidelined Steven Adams for the season, and he has been a capable fill-in, averaging 6.1 points, 7.0 rebounds and 1.25 blocks in 15 games. Sources tell Charania that Memphis has been active in trade talks around the league involving other players on its roster.

Lakers Notes: LeBron, Davis, Reddish, Russell

December 10th, 2023 at 12:01pm CST by Arthur Hill

LeBron James may end up playing with more teammates than anyone in NBA history, but he’s never found a better fit than Anthony Davis, writes Dave McMenamin of ESPN. Davis dominated Saturday’s in-season tournament finale against Indiana with 41 points, 20 rebounds, five assists and four blocks, though MVP honors went to James, who averaged 26.4 points, 8.0 rebounds and 7.6 assists per game throughout the competition.

The Lakers acquired Davis from New Orleans in a 2019 trade, and McMenamin points out that James has now played alongside him longer than he did with Dwyane Wade and Chris Bosh in Miami or Kyrie Irving and Kevin Love in Cleveland. At the post-game press conference, McMenamin notes, it was clear that their personalities complement each other as much as their styles of play.

“I know who I am, he knows who he is,” James said. “So, there’s no friction. We’re not trying to compete with one another on the court or on a lifestyle basis. He knows who he is, I know who I am. The only thing we’re trying to do is hold each other accountable when we get to work and try to be the best we can be for each other, and when one is not going well, try to pick each other up. There’s no jealousy. There’s not a jealous bone in our bodies. We’re never jealous of one another. Ever.”

There’s more on the Lakers:

L.A.’s tournament performance provides a blueprint for the team to be successful in the playoffs, observes Vincent Goodwill of Yahoo Sports. The Pacers couldn’t stop the James-Davis pick-and-roll combination, and Davis was even more dominant on the defensive end. “Any time I step on the floor, I know I’m the anchor of the defense,” he said. “Giving guys the freedom to press up and get some ball pressure, and if they get beat, I’m there at the rim to alter the shot or block it.”
After Saturday’s game, James singled out Cam Reddish, who is finding a role with the Lakers after unsuccessful stints with Atlanta, New York and Portland, tweets Chris Haynes of TNT and Bleacher Report. “People were writing him off,” James said. “I’m so happy he got to experience this and perform. I believe in him.”
The matchup with the Pacers allowed D’Angelo Russell to renew his rivalry with Bruce Brown, per Dan Woike of The Los Angeles Times. They faced off in last season’s Western Conference Finals, and Brown, who was with Denver at the time, called Russell “not the best defender.” Russell was animated Saturday night, raising two fingers when Brown picked up his second foul in the first quarter and yelling at Indiana’s bench after he scored. “He was talking s–t all year. Yeah. Talking s–t all year,” Russell said of Brown. “For me, it was just showing it with my play. I don’t have nothing to say to him. I’m a fan of him to be honest. This was just all on the court. Got something to say? Show me on the court. (Nikola) Jokic ain’t there next to you today. It’s different.”

The Lakers Players Who Benefited Most From IST Prize Money

December 10th, 2023 at 8:13am CST by Luke Adams

The Lakers‘ team salary this season is just above the $165.3MM luxury tax line, far exceeding the $126MM or so on the Pacers‘ books.

However, not a single player on Indiana’s roster is on a minimum-salary contract and only four Pacers players on standard deals are earning less than $5MM this season. By comparison, Los Angeles has eight players with cap hits below that $5MM threshold, including five earning the minimum.

While the $500K bonus for winning the NBA’s in-season tournament (IST) may be a drop in the bucket for maximum-salary stars like LeBron James and Anthony Davis, it serves as a significant pay raise for the players on the lower half of the Lakers’ cap sheet, as well as the players on two-way contracts who will receive bonuses worth $250K.

Here are the Lakers players for whom the NBA Cup prize money represents more than a 10% raise on their 2023/24 base salary, which is noted in parentheses:

Players receiving a $500K bonus:

Jarred Vanderbilt ($4,640,000)
- Note: Vanderbilt’s contract also includes $58K in likely incentives and $145K in unlikely incentives.
Taurean Prince ($4,516,000)
Jalen Hood-Schifino ($3,695,040)
Christian Wood ($2,709,849)
Jaxson Hayes ($2,165,000)
Cam Reddish ($2,165,000)
Max Christie ($1,719,864)
Maxwell Lewis ($1,119,563)

Players receiving a $250K bonus:

Colin Castleton ($559,872)
Alex Fudge ($559,872)
D’Moi Hodge ($559,872)

The bonuses for Lewis and the Lakers’ two-way players represent a raise of roughly 44.7% on their respective base salaries.

The Lakers’ coaching staff also benefited financially from their in-season tournament success. Head coach Darvin Ham earned the same $500K bonus that his players did, while his assistant coaches divvied up $375K in bonus money.

The Pacers’ players and head coach Rick Carlisle went home with bonuses worth $200K (or $100K for two-way players).

None of this prize money will count against the salary cap, so the Lakers’ team salary for cap purposes remains unchanged, as do the team salaries for Indiana and the other six clubs who made the knockout round of the IST.

LeBron James Named MVP As Lakers Win NBA’s First In-Season Tournament

December 9th, 2023 at 10:29pm CST by Arthur Hill

The Lakers pulled away from the Pacers Saturday night in Las Vegas to finish the in-season tournament unbeaten and claim the first-ever NBA Cup.

LeBron James was named tournament MVP after posting 24 points, 11 rebounds and four assists as L.A. secured a 123-109 victory in the title game. Anthony Davis was the night’s biggest star with 41 points, 20 rebounds and five assists, while Austin Reaves contributed 28 points.

James was the MVP choice of 14 of the 20 writers who voted (Twitter link from NBA Communications). Davis got five votes, and one went to Indiana’s Tyrese Haliburton.

At the post-game press conference, James said the Lakers showed growth as a team throughout the tournament (video link from Khobi Price of The Orange County Register).

“I feel like guys have felt a lot more comfortable in their roles,” he said. “We’ve had a pretty good understanding of rotations, who we’re going to be playing with, what guys want to do out on the floor. Like AD said, getting (Jarred Vanderbilt) back, getting Rui (Hachimura) back has definitely helped our size. Getting Cam (Reddish) back has helped us out a lot.”

Apart from two games with the Suns, the Lakers weren’t really tested as they posted a 7-0 record in tournament play. Assigned to West Group A, they began with a three-point win at Phoenix on November 10, then followed with comfortable victories over Memphis, Portland and Utah.

Knockout play began Tuesday with another three-point victory over the Suns, followed by a 44-point blowout of the Pelicans in Thursday’s semifinals.

Indiana suffered its first loss of the tournament after advancing out of East Group A, then upsetting the Celtics and Bucks in knockout games.

“We just got outplayed tonight from the start of the game to the end of the game,” Haliburton said (Twitter link from Dustin Dopirak of The Indianapolis Star). They just outplayed us.”

Pacers Notes: Haliburton, Nembhard, Turner, Two-Way Players

December 9th, 2023 at 7:34pm CST by Arthur Hill

Borrowing a video game analogy, Tyrese Haliburton called Lakers star LeBron James the “final boss” that the Pacers have to defeat to win the in-season tournament, writes Dustin Dopirak of The Indianapolis Star.

To reach tonight’s title game, Indiana had to get past a Bucks team that features Giannis Antetokounmpo and Damian Lillard and a Celtics squad headlined by Jayson Tatum and Jaylen Brown. Before that, there were group play matchups with Philadelphia’s Joel Embiid and Tyrese Maxey, Cleveland’s Donovan Mitchell, Atlanta’s Trae Young, and Detroit’s Cade Cunningham.

None of them has the same mystique as James, who has been one of the league’s elite players for more than two decades. Dopirak points out that Haliburton was just three years old when James played his first NBA game, and the Pacers guard followed him closely until he became a professional himself.

“Like any kid born in 2000, LeBron was my favorite player growing up, and it’s hard for him not to be for a lot of us,” Haliburton said. “Growing up, I was a Cavs fan, then a Heat fan, then a Cavs fan again, then a Lakers fan before I got drafted. It’s just how it went. To be able to compete against him in a championship is kind of like a storybook a little bit, and it’s going to be a lot of fun. But that’s the great part about being in the NBA, getting to compete against your idols on a nightly basis. I really look forward to that.”

There’s more on the Pacers:

In tonight’s pre-game meeting with the media, coach Rick Carlisle said Andrew Nembhard has a right knee bone bruise and will be sidelined for at least the next seven days, Dopirak tweets. “We’ll see where he is and evaluate it from there, but not viewed as a long-term thing,” Carlisle said. “But we’ll miss him today.”
Before he agreed to a two-year extension in January, it appeared Myles Turner might not be part of the Pacers’ future, and there were persistent rumors during the summer of 2022 that he was headed to the Lakers. In an interview with Chris Hayes of TNT and Bleacher Report (video link), Turner stated that he’s glad things turned out the way they did and he’s eager for the team to have a high-stakes game in front of a national audience. “People getting to see what we’re about here in Indiana,” Turner said. “It’s fun seeing everything through and to say you didn’t quit.”
The financial incentive in tonight’s game will be especially important for the two-way players, tweets Bobby Marks of ESPN. The Pacers’ Kendall Brown, Oscar Tshiebwe and Isaiah Wong will get a half share of the prize money, which means $250K for first place and $100K for second. Two-way contracts pay $559,782 and carry a $279,891 guarantee.

Lakers Notes: Tournament, Trade Rumors, Russell, LeBron

December 9th, 2023 at 6:25pm CST by Arthur Hill

The Lakers blitzed most of their competition on the way to the finals of the in-season tournament, but they haven’t encountered an offense on the level of the Pacers, whom they’ll face in tonight’s title game, writes Khobi Price of The Orange County Register. Indiana has scored 122 and 128 points in its two knockout-round contests, pushing the ball repeatedly and relying heavily on three-point shooting.

“Their pace of play is second to none,” Austin Reaves said. “They score a lot of points and are very capable of going on quick runs just with the way they shoot the ball and the way they play. Being able to transition or not – honestly, they kind of make it all transition; even if you make a shot, they get it out of the net real quick. Just being able to focus on kind of building a wall and trying to stop that.”

It’s a sharp contrast with the Lakers, who are an older team with plenty of size to overpower opponents. Price notes that the Pacers tend to allow a lot of shots in the paint and are prone to foul trouble, and coach Darvin Ham said it’s important to not let Indiana dictate the style of play.

“We can’t get so caught up in trying to stop and prevent them from doing what they like to do,” Ham said. “We will, but we also can’t forget to enforce our will upon the game, too. They have to guard us, too. Coming out with an aggressive mindset will definitely be the first and foremost thing that we do.”

There’s more on the Lakers:

The front office wants to see the full team in action for a while before getting serious about trade talks, sources tell Zach Lowe of ESPN. Jarred Vanderbilt, Cam Reddish and Rui Hachimura all returned from injuries within the past week, and Gabe Vincent remains sidelined with a left knee issue. Any deals likely won’t happen until after January 15, Lowe adds, when the last of the team’s offseason free agent signees will become eligible to be moved. L.A. has been mentioned as a possible destination for the Bulls’ Zach LaVine, but Lowe hears that management is reluctant to downgrade the team’s defense to improve its offense.
D’Angelo Russell tells Chris Haynes of TNT and Bleacher Report (video link) that the in-season tournament is providing a “cheat code” to prepare for the playoffs, saying it has a “second-round, third-round type of feel.”
In an interview with Sirius XM NBA Radio (Twitter link), Ham touts LeBron James as the front-runner for this season’s MVP honors (hat tip to Bleacher Report). “He’s spearheaded everything you see going on with our team,” Ham said. “The numbers he’s putting up. He’s impacting winning. The numbers when he’s on the floor as opposed to when he’s off the floor. … I think it’s a no-brainer.”

Poll: Which Team Will Win NBA Cup?

December 8th, 2023 at 4:00pm CST by Luke Adams

The NBA’s first-ever in-season tournament final will take place on Saturday at T-Mobile Arena in Las Vegas, as the veteran Lakers take on the upstart Pacers for the right to hold the NBA Cup — and to earn championship bonuses worth $500K per player.

The Lakers may have the home-court advantage, given Los Angeles’ proximity to Vegas and the franchise’s huge fan base, but the Pacers have earned plenty of fans of their own in recent weeks with their fast-paced, high-scoring style of play. And they’ll enter the game as the lovable underdogs looking to knock off another highly star-studded opponent after defeating Boston in the quarterfinal and Milwaukee in the semifinal.

The Pacers’ 123.5 offensive rating is easily the NBA’s best mark, as is their pace (104.13 possessions per game). Tyrese Haliburton, who is submitting an MVP-caliber season thus far, leads the attack with 26.9 points and an NBA-best 12.1 assists per game, but the Pacers have no shortage of offensive options, with six other players averaging double-digit points per night (a seventh, Jalen Smith, won’t be available on Saturday).

They’ll be going up against one of the NBA’s stoutest defenses — the Lakers’ 110.3 defensive rating is tied for sixth-best in the league. Los Angeles also holds a significant edge in big-game experience. While Haliburton and several other Pacers have never played in the postseason, LeBron James alone has 282 playoff games on his résumé.

Of course, Saturday’s game isn’t a playoff contest, and Haliburton and the Pacers certainly haven’t shied away from the spotlight so far in the in-season tournament, having talked repeatedly about how they’re embracing the rare opportunity to play for a national audience.

Both teams have taken the tournament seriously so far and that doesn’t figure to change on Saturday, with $300K on the line (the runners-up will go home with bonuses worth $200K rather than $500K).

We want to know what you think. Are you taking the Pacers or the Lakers to win the first NBA Cup?

Place your vote below, then head to the comment section below to share your predictions.