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Forbes Releases 2019 NBA Franchise Valuations

February 6th, 2019 at 1:03pm CST by Luke Adams

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:

New York Knicks: $4 billion
Los Angeles Lakers: $3.7 billion
Golden State Warriors: $3.5 billion
Chicago Bulls: $2.9 billion
Boston Celtics: $2.8 billion
Brooklyn Nets: $2.35 billion
Houston Rockets: $2.3 billion
Dallas Mavericks: $2.25 billion
Los Angeles Clippers: $2.2 billion
Miami Heat: $1.75 billion
Toronto Raptors: $1.675 billion
Philadelphia 76ers: $1.65 billion
San Antonio Spurs: $1.625 billion
Portland Trail Blazers: $1.6 billion
Sacramento Kings: $1.575 billion
Washington Wizards: $1.55 billion
Phoenix Suns: $1.5 billion
Oklahoma City Thunder: $1.475 billion
Utah Jazz: $1.425 billion
Indiana Pacers: $1.4 billion
Denver Nuggets: $1.375 billion
Milwaukee Bucks: $1.35 billion
Orlando Magic: $1.325 billion
Atlanta Hawks: $1.3 billion
Cleveland Cavaliers: $1.275 billion
Detroit Pistons: $1.27 billion
Minnesota Timberwolves: $1.26 billion
Charlotte Hornets: $1.25 billion
New Orleans Pelicans: $1.22 billion
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.

Trade Rumors: Wolves, A. Davis, Irving, Conley, More

February 6th, 2019 at 12:42pm CST by Luke Adams

After making a big splash earlier in the season by sending Jimmy Butler to Philadelphia, the Timberwolves remain active on the trade market, according to Jon Krawczynski of The Athletic, who reports that GM Scott Layden is “canvassing the league for available deals.” Darren Wolfson of 5 Eyewitness News relays a similar sentiment, tweeting that Layden has been “much more communicative” than in past years.

According to Wolfson, players on expiring contracts are available, as are Jeff Teague and Gorgui Dieng. However, as of Tuesday, there was “zero sense” that anything was close to getting done. Meanwhile, sources tell Krawczynski that multiple teams checked in last month on Andrew Wiggins to see if the Timberwolves might be willing to move him for “pennies on the dollar.” Those inquires qualified more as due diligence though, and didn’t really go anywhere, per Krawczynski.

Here are several more trade rumors from around the NBA:

The Pelicans still have yet to respond to the Lakers‘ most recent trade offer for Anthony Davis, reports ESPN’s Adrian Wojnarowski (via Twitter). L.A. reportedly pulled out of talks on Tuesday after making a big offer on Monday night, though it appears the club would be ready to re-engage if New Orleans makes a counter-offer.
While Kyrie Irving‘s comments on his upcoming free agency last week had some league observers wondering if the Celtics would consider moving him at the trade deadline, the team – unsurprisingly – has no intention to do so, writes Steve Bulpett of The Boston Herald. “Boston’s not taking calls on Kyrie,” one general manager said. “That was made pretty clear.”
The Grizzlies are believed to be seeking multiple first-round picks in any package for Mike Conley, tweets Marc Stein of The New York Times. According to Tony Jones of The Salt Lake Tribune, the Jazz’s final offer to Memphis was a first-round pick, a second-round pick, and expiring contracts (likely Ricky Rubio and Derrick Favors). The Grizzlies asked for Dante Exum, but were told no, per Jones (Twitter link via John Martin of 92.9 ESPN).
A source tells Joe Cowley of The Chicago Sun-Times that the Bulls have received “a handful” of calls about Jabari Parker within the last week. Parker is a candidate to be traded, or to be bought out if Chicago can’t find a suitable deal.
According to Keith Smith of Yahoo Sports (Twitter link), the Hawks have started to receive more calls on veteran trade candidates Kent Bazemore, Dewayne Dedmon, and Jeremy Lin. Smith adds (via Twitter) that Knicks forward Noah Vonleh is another trade candidate to watch, as he has generated multiple inquiries.

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

February 6th, 2019 at 11:16am CST by Luke Adams

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.

Hornets, Grizzlies Skeptical Over Completing Gasol Trade

February 6th, 2019 at 9:54am CST by marksuleymanov

FEBRUARY 6, 9:54am: The trade the Grizzlies and Hornets have discussed would see Gasol head to Charlotte in exchange for Bismack Biyombo, Michael Kidd-Gilchrist, and a protected first-round pick, league sources tell Kevin O’Connor of The Ringer. However, the two sides haven’t been able to agree on the protections for the draft pick, according to O’Connor, who confirms that the impasse might be enough to derail the deal entirely.

FEBRUARY 5, 11:06pm: There is “increasing skepticism” that a trade sending Gasol to the Hornets will happen, sources tell Sean Deveney of Sporting News. Deveney notes that a deal has “not progressed” despite Charlotte’s interest in the veteran center.

9:25pm: While the Hornets and Grizzlies have discussed Gasol, no trade has been agreed upon yet, tweets Chris Herrington of The Daily Memphian. Gasol joined his Memphis teammates on the bench for tonight’s game against Minnesota.

5:01pm: The Grizzlies are in “strong talks” to send veteran center Marc Gasol to the Hornets, tweets Shams Charania of The Athletic (Twitter link). As both sides negotiate the framework of the deal, including Gasol’s $24.1MM salary, the Grizzlies will sit the big man tonight against the Timberwolves, Charania adds.

Gasol, along with longtime Memphis teammate Mike Conley, has been at the forefront of trade rumors since the team put both players on the trade block last month. We relayed earlier today that the Raptors reportedly expressed interest in both Gasol and Conley. The Kings and Pistons have previously expressed interest in Conley.

The 34-year-old has spent his entire 11-year career with the Grizzlies, making three All-Star teams. While injuries have slowed the Spaniard in recent years, he’s still an above average contributor, averaging 15.7 PPG and 8.6 RPG in 53 games this season.

Per Marc Stein of the New York Times (Twitter link), Hornets owner Michael Jordan wants the team to make the playoffs. Therefore, he has let teams know that the team intends to be a buyer approaching Thursday’s trade deadline. At 26-26, Charlotte is currently the seventh seed in the Eastern Conference, trailing the Nets by half a game.

Pistons Pessimistic About Acquiring Mike Conley

February 6th, 2019 at 8:51am CST by Luke Adams

According to Ellis (Twitter link), the Pistons apparently don’t expect to land Mike Conley from the Grizzlies. A source tells Ellis that Memphis was “asking too much.” The Jazz and Raptors are among the other teams that have been linked to Conley, with the Utah talks believed to have been more serious.

Lawrence’s Latest: Bucks, Mirotic, Sixers, Gasol

February 5th, 2019 at 3:59pm CST by Luke Adams

No one seems convinced that the Bucks are a viable suitor for Anthony Davis, given their dearth of first-round picks and the fact that most of their best players are on expiring contracts. However, co-owner Marc Lasry is still encouraged by the fact that Davis’ four-team list of preferred destinations includes Milwaukee, as he tells Sporting News’ Mitch Lawrence.

“I saw that report, and I think it’s great,” Lasry said. “It’s a little bit of what we want. We want players to come and play in Milwaukee. And part of it is, when you’re winning and you’re setting a standard for excellence, people see that. People want to win. It doesn’t make a difference if you’re in Milwaukee, New York or L.A. The whole goal is winning. So we hope it would be players like Anthony Davis and others who want to come to Milwaukee.”

Lasry, who may be bordering on tampering territory with his comments to Lawrence, acknowledged that it would be tricky for the Bucks to make a deal for Davis using the club’s current assets.

Here’s more from Lawrence:

The Bucks are working on a smaller trade or two, according to Lawrence, who identifies Pelicans forward Nikola Mirotic as one potential target for Milwaukee. “He’d be the perfect fit for the Bucks,” an Eastern Conference general manager said of Mirotic. “Another guy who can knock down threes would make them even more dangerous.”
The Sixers are another team interested in Mirotic and have offered the Pelicans a pair of second-round picks for him, per Lawrence. For salary-matching purposes, Wilson Chandler would likely have to be involved in any 76ers deal for Mirotic. Philadelphia has also looked at Terrence Ross (Magic) and Wesley Matthews (Knicks), Lawrence notes.
An Eastern Conference GM tells Lawrence that the Spurs are making an effort to move Pau Gasol. Gasol is on a pseudo-expiring contract, as only $6.7MM of his 2019/20 salary is guaranteed.
Lawrence suggests that the trade market for Grizzlies big man Marc Gasol may be negatively impacted by Gasol’s desire to get a contract extension this summer. If he doesn’t feel as if he’ll get a lucrative multiyear deal in the offseason, the 34-year-old could pick up his $25.6MM player option.

Raptors Made Offer For Mike Conley, Marc Gasol?

February 5th, 2019 at 3:44pm CST by Luke Adams

3:44pm: The Grizzlies would be looking for more than Lowry and Valanciunas in return for Conley and Gasol, according to Mitch Lawrence of Sporting News, who hears that Memphis asked for Pascal Siakam (Twitter link). The Raptors aren’t trading Siakam, but would be willing to include Delon Wright and a future first-round pick, says Lawrence.

Toronto’s 2019 first-round pick is committed to San Antonio, so the 2021 first-rounder would be the next one available.

2:18pm: While the Grizzlies have reportedly been primarily engaged in talks with the Jazz and Pistons for Mike Conley, another potential suitor has entered the mix, according to Jake Fischer of SI.com. League sources tell Fischer that the Raptors have contacted Memphis and offered Kyle Lowry and Jonas Valanciunas in a deal for both Conley and Marc Gasol.

It’s a fascinating offer from Toronto’s perspective, as the second-best team in the East appears willing to give up an All-Star guard and an important rotation piece in a proposal that would reshape its roster. Lowry has been made aware of the Raptors’ trade talks involving him, per Fischer.

On the other hand though, it’s hard to see why the Grizzlies would jump at Toronto’s offer, unless the franchise isn’t totally committed to rebuilding. Lowry has a cap number similar to Conley’s, albeit with a contract that expires a year earlier. Valanciunas has a $17.62MM player option for next season.

By comparison, Utah’s offer for Conley reportedly includes a sizable expiring contract (Ricky Rubio‘s) and a first-round pick. It could also feature a prospect like Dante Exum or Grayson Allen, according to Fischer. Detroit’s offer for Conley is said to include Reggie Jackson and a first-rounder. The Grizzlies are believed to be seriously considering both teams’ offers, per Tony Jones of The Athletic (Twitter link).

According to Fischer, the Grizzlies turned down the Raptors’ initial offer and would prefer to receive younger players – such as OG Anunoby – and/or draft assets from Toronto.

Meanwhile, Michael Grange of Sportsnet.ca provides a different perspective, tweeting that he’s heard the talks between the Grizzlies and Raptors were initiated by Memphis and didn’t progress very far.

While Grange’s and Fischer’s accounts on which team initiated the talks seem contradictory, it’s possible both are accurate — perhaps Memphis made the first call and the Raptors, in turn, returned the Grizzlies’ call to let them know what they’d be willing to offer. If the Grizzlies didn’t like what they heard, discussions may not have advanced from there.

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

February 4th, 2019 at 3:55pm CST by Luke Adams

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.

Latest On Mike Conley

February 4th, 2019 at 11:16am CST by Luke Adams

With three days to go until the trade deadline, the Jazz and Pistons remain the teams most frequently named as potential suitors for Mike Conley. Tony Jones of The Salt Lake Tribune reports that the Grizzlies are talking to both Utah and Detroit, adding that both clubs have made competitive offers for the veteran point guard (all Twitter links).

As previous reports have suggested, the Jazz’s offer for Conley centers around Ricky Rubio and a first-round draft pick, though at least one more player would need to be added for salary-matching purposes and Memphis may be seeking an additional pick.

According to Vince Ellis of The Detroit Free Press, who confirms that the Pistons have engaged in talks with the Grizzlies, it’s fair to surmise that Detroit has offered Reggie Jackson and a first-rounder for Conley. However, a source tells Ellis that the Grizzlies would “want more.” Ellis wonders if adding Luke Kennard would be enough — and whether it’d be worth it for the Pistons.

Like the Jazz, the Pistons would also have to add at least one more player to their offer in order to match Conley’s salary. Many of Detroit’s most expensive contracts – including Jackson’s – are multiyear deals, while Utah has sizable expiring contracts like Rubio’s and Derrick Favors‘ available. The Grizzlies’ willingness to take on multiyear money is unclear, but those expiring deals would allow for more flexibility.

For their part, Conley and longtime teammate Marc Gasol are eager for answers about which team(s) they’ll be playing for on Friday, as Brian Mahoney of The Associated Press writes.

“You look forward to that deadline passing,” Conley said. “Either way it goes, you just want to get clarity and understand your situation going forward, and you try to block it out but it’s hard. Everybody who texts you or talks to you in person mentions something about it, so it’s hard to run from it. But you just hope for the week to get through real quick and get back to business, whether it’s here or anywhere else.”

Caboclo Gets Second 10-Day Contract With Grizzlies

February 3rd, 2019 at 8:46am CST by Arthur Hill

The Grizzlies have given Bruno Caboclo another 10-day contract, the team announced on Twitter.

The 23-year-old forward is averaging 6.0 points and 3.4 rebounds in five games with Memphis while playing 23 minutes per night. The Grizzlies needed to add wing depth because of injuries to Chandler Parsons, Dillon Brooks, and Kyle Anderson.

Caboclo had been with the Rockets’ G League affiliate in Rio Grande Valley before receiving the 10-day contracts. Memphis will have to decide whether to waive him or sign him for the rest of the season when this deal expires on February 12.

For a complete list of this year’s 10-day contracts, including which deals remain active, check out our tracker.