- Following a seven-game winning streak, the Grizzlies have lost four straight, but there’s no reason to panic, according to Mark Giannotto of The Memphis Commercial Appeal, who says the team simply needs to get healthier. With Jaren Jackson Jr., Brandon Clarke, De’Anthony Melton, and Justise Winslow out, Memphis is missing four of the top eight players in its ideal rotation, Giannotto adds.
It has been an up-and-down 12 months for the NBA, which had to pause its operations for several months when its players first began testing positive for the coronavirus last March. Although the league was eventually able to play the 2020 postseason and is in the midst of its (slightly-abridged) 2020/21 regular season, fans still haven’t been able to return to arenas in many NBA cities, putting a major dent in projected revenues for the coming year.
Despite the financial challenges faced by many of the NBA’s teams, the overall value of those franchises continues to increase, according to a report from Kurt Badenhausen and Mike Ozanian of Forbes. While it’s the most modest year-over-year rise since 2010, Forbes estimates that average team values are up by about 4% from 2020.
The Knicks have become the first franchise to earn a $5 billion valuation from Forbes, with a league-high 9% increase in their value since last February. The Warriors, meanwhile, also saw their value rise by 9%, according to Forbes, surpassing the Lakers for the No. 2 spot on the annual report. The league-wide average of $2.2 billion per team in 2021 is a new record for Forbes’ valuations.
Forbes’ valuations are slightly more conservative than the ones issued by sports-business outlet Sportico last month — Sportico’s report featured an average team value of nearly $2.4 billion, with the Knicks, Warriors, and Lakers all surpassing the $5 billion threshold.
Here’s the full list of NBA franchise valuations, per Forbes:
- New York Knicks: $5 billion
- Golden State Warriors: $4.7 billion
- Los Angeles Lakers: $4.6 billion
- Chicago Bulls: $3.3 billion
- Boston Celtics: $3.2 billion
- Los Angeles Clippers: $2.75 billion
- Brooklyn Nets: $2.65 billion
- Houston Rockets: $2.5 billion
- Dallas Mavericks: $2.45 billion
- Toronto Raptors: $2.15 billion
- Philadelphia 76ers: $2.075 billion
- Miami Heat: $2 billion
- Portland Trail Blazers: $1.9 billion
- San Antonio Spurs: $1.85 billion
- Sacramento Kings: $1.825 billion
- Washington Wizards: $1.8 billion
- Phoenix Suns: $1.7 billion
- Utah Jazz: $1.66 billion
- Denver Nuggets: $1.65 billion
- Milwaukee Bucks: $1.625 billion
- Oklahoma City Thunder: $1.575 billion
- Cleveland Cavaliers: $1.56 billion
- Indiana Pacers: $1.55 billion
- Atlanta Hawks: $1.52 billion
- Charlotte Hornets: $1.5 billion
- Orlando Magic: $1.46 billion
- Detroit Pistons: $1.45 billion
- Minnesota Timberwolves: $1.4 billion
- New Orleans Pelicans: $1.35 billion
- Memphis Grizzlies: $1.3 billion
While most franchise values increased, that wasn’t the case across the board. The Thunder, Hawks, Hornets, Pistons, Pelicans, and Grizzlies all maintained the same value that they had in 2020. No teams decreased in value, however.
The Jazz had the biggest rise in the bottom half of this list, moving from 21st in 2020’s rankings to 18th this year. That’s because the team was actually sold to a new majority owner in recent months, with Ryan Smith assuming control of the franchise at its new $1.66 billion valuation.
As that Jazz example shows, the actual amount a team is sold for often exceeds Forbes’ valuation, so these figures should just be viewed as estimates.
Grizzlies swingman Dillon Brooks has had trouble finding his shooting touch thus far this season, prompting Evan Barnes of The Memphis Commercial Appeal to wonder if the fourth-year player out of Oregon has already peaked in his development.
Brooks is in the first season of a three-year, $35MM extension he signed with the Grizzlies during the 2019/20 campaign. Though his scoring output has not decreased significantly (he is averaging 14.9 PPG compared to his career-high 16.2 PPG last year), Brooks is connecting on career-low percentages from the floor (37.5%) and the three-point line (28.4%).
- Grizzlies point guard Ja Morant has struggled over his past three contests. Chris Herrington of The Daily Memphian examines the potential root causes behind the trouble for Morant, who has shot just 13-of-39 from the floor in his last three games for Memphis, all losses.
- Just one year after being traded to Memphis, Justise Winslow‘s health issues have made it difficult to judge the deal that sent him from the Heat to the Grizzlies, Ira Winderman of The Sun Sentinel writes. Winslow has yet to appear in a game for his new team and is currently dealing with a hip injury.
- The NBA’s coronavirus health and safety protocols continue to keep Grizzlies starting center Jonas Valanciunas unavailable to play with the team, though he has traveled with the club and appeared on the team bench during recent contests, according to Evan Barnes of The Memphis Commercial Appeal. Valanciunas has been unavailable since January 17.
- The Grizzlies are sending forward Jontay Porter to the the club’s G League affiliate, the Memphis Hustle, for the 2021 NBAGL season in Orlando, according to a team press release.
Justise Winslow, who has yet to appear in a game for the Grizzlies since being acquired nearly a year ago at the 2020 trade deadline, hopes to return to the court later this month, he said on Monday. As Evan Barnes of The Memphis Commercial Appeal writes, Memphis’ lengthy hiatus due to contact tracing in January set Winslow back slightly due to a lack of practice opportunities, but he’s getting close.
“I’m feeling great, my hip feels great. I’m really close to getting back on the court, hopefully sometime this month,” the Grizzlies forward said. “I really don’t have an exact day in mind. Just with COVID and how our team had to miss almost a week of practice and that sort of thing, that set me back, just without being able to have proper access to workouts and things like that.”
Meanwhile, Grizzlies forward Jaren Jackson Jr. will have his rehab process ramped up in the coming weeks as he looks to return from meniscus surgery, as Chris Herrington of The Daily Memphian reports (via Twitter). Herrington doesn’t anticipate Jackson will return to action before the first half ends on March 4, but there’s no set timeline yet for the 21-year-old’s season debut (Twitter link).
- A Grizzlies–Thunder matchup in Memphis, initially projected to be played during the second half of the NBA season schedule, has been shifted up to Wednesday, February 17 at 8 p.m. CT, per a Grizzlies press release.
- Grizzlies guard Grayson Allen will not be active on Saturday against San Antonio due to the league’s health and safety protocols, according to Evan Barnes of The Memphis Commercial Appeal. Allen joined center Jonas Valanciunas on the list, as Memphis prepares to play for the first time since January 18. Valanciunas indicated on social media he’s recovered from COVID-19 and rejoined the team, though he’s not expected to play until next week.
- The Grizzlies will allow MVP season ticket holders to attend games starting on February 4 against Houston, Barnes indicates in a separate story. That will raise capacity inside FedExForum to just under 2,000 fans, or 11% capacity. The Grizzlies have allowed up to 74 season ticket holders to sit courtside, as well as 220 additional fans in suites and club boxes.
- It remains unclear when Grizzlies big man Jaren Jackson Jr. and forward Justise Winslow will return, Evan Barnes of the Memphis Commerical Appeal writes. No specific timetables have been issued on Jackson, who is recovering from a torn meniscus, or Winslow, who is rehabbing a hip injury. “I think from a plan and rehab and recovery and return to play standpoint, everyone’s been doing a great job,” head coach Taylor Jenkins said. “We’ve got a lot of confidence that these guys will be back soon and be in a great spot health-wise, too.”