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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.

Lowe’s Latest: Rockets, Prince, Blazers, Heat

February 2nd, 2019 at 3:52pm CST by ChrisCrouse

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.

Nowitzki, Wade Added To All-Star Game

February 1st, 2019 at 11:58am CST by Arthur Hill

A pair of NBA veterans will make one last All-Star appearance before retirement, as the league announced today that Dirk Nowitzki and Dwyane Wade will be “special team roster additions” for the February 17 game.

“Dirk Nowitzki and Dwyane Wade embody the best of the NBA: remarkable skill, drive and professionalism as well as a deep devotion to strengthening their communities and growing the game around the world,” said NBA commisioner Adam Silver. “As a global celebration of basketball, our All-Star Game is an ideal setting to salute these first-class NBA champions and Finals MVPs.”

Nowitzki and Wade won’t be part of the regular draft when LeBron James and Giannis Antetokounmpo choose up sides on February 7. They will be selected in a third round that allows each team to add a 13th player. The remaining eight starters as chosen by the fans will be taken in the first round, with the reserves going in the second round.

This will be the 14th All-Star appearance for Nowitzki, who is in his 21st NBA season, all with the Mavericks. He is the seventh-leading scorer in league history with 31,275 points, has made 12 All-NBA teams and has won both an MVP and Finals MVP award. He hasn’t announced his retirement plans, but there is speculation that this will be his final season.

Wade, who is conducting his “Last Dance” tour around the league, will be headed to the game for the 13th time. He was named All-Star MVP in 2010 and put together a triple-double in 2012. He has won three NBA titles and an Olympic gold medal and was named MVP of the 2006 Finals.

Wade was an eight-time selection to the All-NBA team and made three appearances on the All-Defensive Team. He is the Heat’s career leader in points, assists, steals, field goals made, free throws made and games played.

Photo courtesy of USA Today Sports Images.

Porzingis May Prefer Trade; Knicks Expected To Explore Market

January 31st, 2019 at 2:00pm CST by Luke Adams

After meeting with Knicks management to express his concern about the team’s direction, Kristaps Porzingis left the franchise with the impression that he prefers to be traded, according to Adrian Wojnarowski and Ramona Shelburne of ESPN.com (Twitter link). The Knicks are expected to begin discussions about possible Porzingis trades ahead of next week’s deadline, the ESPN duo reports.

As we relayed in our earlier Porzingis story, the injured big man – along with his brother (and agent) Janis – reportedly spoke to the Knicks today about his frustration with the team’s losing, the franchise’s history of dysfunction, and his concern about whether sustainable organizational success is possible.

While ESPN’s report suggested that Porzingis would like to win in New York, it seems that he’s not confident that can happen anytime soon. He’ll be a restricted free agent during the summer of 2019, so the Knicks are in position to hang onto him for at least another season, if they so choose, but it sounds like the club is willing to test the market to see what kind of offers are out there. The Knicks previously considered trading Porzingis when Phil Jackson was in charge of basketball decisions.

An All-Star a year ago, Porzingis averaged 22.7 PPG, 6.6 RPG, and 2.4 BPG with a .439/.395/.793 shooting line in 48 games in 2017/18, displaying franchise-player potential. However, a torn ACL ended his season early and has sidelined him for the entire 2018/19 campaign so far.

Considering Porzingis still hasn’t returned to action following that ACL tear, it’s not clear what the trade market for him would look like at this point. If he’s able to get back on the court during the final couple months of the season and prove he’s healthy, it would increase his value, but it’s not clear when he’ll return — plus, it may be tricky for the Knicks to pull off a sign-and-trade deal in the offseason.

The Celtics, Clippers, Thunder, and Spurs figure to be among the teams with interest in trading for Porzingis, tweets Frank Isola of The Athletic. Wojnarowski names the Clippers and Spurs as well, adding the Nets, Heat, and Raptors to the list of potential suitors (Twitter link). Kevin O’Connor of The Ringer (Twitter link) throws the Mavericks into the mix as well.

As we noted earlier today, Porzingis will have a limited ability to jump ship anytime soon if he’s not traded during the season or in a sign-and-trade. He could accept his qualifying offer this summer and become an unrestricted free agent in 2020, but settling for a one-year, $4.5MM deal would be a big risk for a 7’3″ player coming off an ACL tear.

His other option would be to sign a shorter-term offer sheet with a rival suitor — the Knicks would almost certainly match it, but Porzingis would have the opportunity to get back on the open market sooner than if he signs a four- or five-year contract with New York.

If the Knicks don’t move Porzingis before the deadline, it will be interesting to see if he reconsiders his stance at all in the coming months. New York has a good deal of cap flexibility and is in position to land a top-five draft pick, so it’s not as if the club is poised to stay stuck in lottery territory forever. Some good luck in the draft lottery or on the free agent market could substantially accelerate the Knicks’ rebuilding process.

Photo courtesy of USA Today Sports Images.

Heat Notes: J. Johnson, Olynyk, Jones, Ellington

January 29th, 2019 at 3:00pm CST by Arthur Hill

James Johnson and Kelly Olynyk can expect more playing time in the wake of a knee injury that will keep Derrick Jones Jr. out of action for at least six weeks, according to Barry Jackson of The Miami Herald. Jones has been diagnosed with two right knee bone bruises and won’t be re-evaluated until mid-March.

“JJ will probably play a little more now,” coach Erik Spoelstra said. “I think he’s ready for that because of his conditioning level and rhythm. The pairing with KO and Bam [Adebayo], we’ll get back to that as well.”

Johnson and Olynyk have seen a reduction in minutes this season as Jones moved into a larger role. They are both signed through next season and have player options for 2020/21 — more than $16MM for Johnson and nearly $13.6MM for Olynyk.

There’s more from Miami, all courtesy of Jackson:

The silver lining to Jones’ injury is that he won’t need surgery, which Heat officials were concerned about. “It’s the best-case scenario – no surgery,” Spoelstra said. “Considering everything, it could’ve been a lot worse, and we really do think that a lot of the training he’s been doing behind the scenes, strength training with his legs – considerably stronger than he was in the past.” The 21-year-old has been a pleasant surprise in his first full season with the Heat, earning a spot in a crowded wing rotation and averaging 7.4 points per game. He has a non-guaranteed contract for next season.
Little-used Wayne Ellington responded with a 19-point performance when he got a chance to play in Sunday’s win over the Knicks. Spoelstra won’t commit to regular minutes for the veteran shooter, who remains a candidate to be traded to help the Heat get below the luxury tax line. Ellington and his agent, Mark Bartelstein, haven’t discussed a possible buyout if no deal can be reached, but Jackson states that several contending teams would be interested in adding Ellington if that happens.
A preseason plan to use Hassan Whiteside and Adebayo on the court at the same time has fallen through, with them playing just 13 minutes together so far. Adebayo’s limited shooting range has made the pairing difficult.

Knee Injury Sidelines Heat’s Derrick Jones Jr.

January 28th, 2019 at 4:47pm CST by Dana Gauruder

Heat small forward Derrick Jones Jr. will be out for an extended period after an MRI revealed two right knee bone bruises, according to a team press release. He will begin treatment immediately and be re-evaluated in six weeks, the statement adds.

That means Jones won’t even begin practicing until at least early to mid-March, so the knee bruises could be a season-ending ailment. He suffered the injury during the second quarter on Sunday at New York.

Jones had emerged as a steady presence in the Heat rotation despite a logjam at the wing positions. He posted a double-double of 14 points and 10 rebounds against Cleveland on Friday. Jones also reached double figures in points on nine other occasions since mid-December. For the season, he’s averaging 7.4 PPG and 4.4 RPG in 18.1 MPG over 37 games.

The undrafted Jones, 21, began his career with Phoenix during the 2016/17 campaign. Jones’ injury should open up more playing time for Wayne Ellington, who started against the Knicks, and Dion Waiters. Both have been unhappy with their minutes.

Heat Notes: Johnson, McGruder, Waiters, Johnson

January 27th, 2019 at 5:00pm CST by Eric Spyropoulos

The Heat have had to use countless different lineup combinations throughout the season as players have come and gone due to injuries, but recently it has been Tyler Johnson that has become a key staple in the starting lineup.

As Ira Winderman writes for The Sun-Sentinal, Johnson has provided an energetic approach that has made him a perfect fit for the starting lineup, especially as Erik Spoelstra continues to look for ways to jumpstart his team.

The Heat have made several significant changes in the wake of Goran Dragic‘s injury, most notably converting Justise Winslow to being the team’s primary ball-handler and creator.

There’s more from the Heat:

Ira Winderman also wrote about the amount of lineup changes the Heat have had to deal with this season and how certain players like Rodney McGruder have continued to adjust on a nightly basis.
As Dion Waiters continues to work his way back from an extended injury absence, he firmly believes that in order for him to get back to his highest level of play, simply being on the court and receiving minutes is a must.
As the Heat continue to shuffle through starting lineups, James Johnson‘s struggles continue to stand out. Ira Winderman discusses if there is a path to salvage Johnson as a starter moving forward.

Heat Notes: Ellington, McGruder, Grizzlies, Olynyk

January 23rd, 2019 at 8:40pm CST by Arthur Hill

Trading Wayne Ellington would give the Heat just enough cap relief to escape the luxury tax, writes salary cap expert Albert Nahmad for HeatHoops. Miami currently projects to be $6.2698MM over the tax line and Ellington’s salary is $6.27MM, so if the Heat can find a deal in which they don’t take any money back, they would be in the clear by $159.

However, Nahmad notes that won’t be easy to accomplish. Only six teams have the ability to make such a trade with Miami, but the Hornets and Pistons would put themselves into tax territory, the Thunder and Wizards are already over the threshold and may not want to take on more salary and the Kings aren’t likely to be interested in using their cap room because they already have Buddy Hield.

Nahmad identifies the Nuggets, who are $6.9MM below the tax line and have a pair of trade exceptions worth $12.8MM and $13.8MM, as the most likely team to take on Ellington. His salary would be pro-rated at $2.2MM if he’s acquired at the February 7 deadline, and the Heat can trade up to $5.3MM in cash to help offset that.

However, it’s not certain that another shooter is Denver’s top priority. Any other club that trades for Ellington would have to send out at least $3.5MM in salary, which means a third team would have to get involved to make it work for Miami. Nahmad cites the Lakers, Rockets and possibly the Thunder as other potential contenders for Ellington.

There’s more news from Miami:

The Heat have been working on deals to ease their overcrowded roster and Rodney McGruder may be a candidate to get traded, a source tells Barry Jackson of The Miami Herald. The source adds that McGruder would be a good fit for the Celtics, who could use an all-around role player and wouldn’t mind adding his expiring $1.5MM contract. The Heat may not get more than a second-round pick for McGruder, but won’t be in a great position to re-sign him this summer because of their cap situation.
In the same story, Jackson states that the Heat don’t seem like a good fit for the Grizzlies’ Marc Gasol or Mike Conley, who are reportedly now available on the trade market. Jackson cites Conley’s $32.5MM salary for next season and $34.5MM in 2020/21 as too much for Miami to take on, while Memphis may not be interested in the collection of players — James Johnson, Kelly Olynyk and Dion Waiters — that would need to be included to match the salaries of Gasol and Chandler Parsons, whom the Grizzlies would like to move in a trade involving the center.
Olynyk is the latest player to fall out of the Heat’s frequently changing rotation, notes Ira Winderman of The Sun-Sentinel. The backup center didn’t play in the second half Saturday, then was held out of Monday’s game. “You look at the game saying, ‘I definitely think I can help out there. I can make an impact, make a difference,'” Olynyk said. “But Coach has to do his job and I don’t envy him, because it’s not an easy job.

Heat Averse To Taking Back Salary For Ellington

January 21st, 2019 at 12:03pm CST by Luke Adams

While a trade remains the preferred outcome for both the Rockets and Carmelo Anthony, a buyout “isn’t off the table,” league sources tell Iko. Iko names the Lakers, Heat, and Pistons as teams that could be willing to take a chance on Anthony.
Sources tell Iko that the Heat don’t really want to take back any salary if they move Wayne Ellington. It’s not clear if that’s a reference to multiyear salary or if Miami doesn’t want to take back any money at all in a potential Ellington deal. The latter would be trickier – a trade partner would need cap room or a traded player exception to accommodate the sharpshooter’s $6.27MM salary – but would be financially advantageous for the Heat. It appears they could dip ever so slightly below the tax line by getting off Ellington’s contract.

Heat Notes: Whiteside, Spoelstra, Wade, McGruder

January 20th, 2019 at 2:36pm CST by JD Shaw

Hassan Whiteside has impacted the Heat in a much more positive way this season, according to Barry Jackson of the Miami Herald, who shares perspectives from some of Whiteside’s teammates and other figures around the franchise.

Whiteside, who missed part of last season due to injury, was unhappy with his playing time after his minutes dropped from 32.6 per game to 25.3. The Heat handled the matter internally at the time, working with him to become a better teammate and approach games with a team-first mentality.

“I think I’m just in a better place than what I was last year,” Whiteside said, according to Jackson. “Going through all the injuries and stuff, I was real frustrated with myself too, not being able to be there with my teammates, not being able to contribute like I wanted to. There was a lot of frustration with myself also, with the injuries. I’m just happy we’re winning. All the other stuff will come.”

Whiteside has averaged 12.5 points, 12.3 rebounds and 2.4 blocks in 25.8 minutes per game this season with Miami. His overall mindset and willingness to trust coach Erik Spoelstra has helped improved their relationship as a result.

“Spo’s my guy,” Whiteside said. “We overcommunicate. We got an understanding. He wants to win. I want to win. We’re definitely in a better place.”

Spoelstra, who’s coached Whiteside for each of the past five seasons, is impressed with his growth and maturity. Whiteside has put forth a ton of work in recent months, including improving his quality of screens to help his team.

“Every year, he’s becoming a better basketball player and learning how to become an ultimate winner. And he’s enjoying it more,” Spoelstra said. “That’s the whole thing that’s tough for players to really grasp. The more you breathe life into somebody else and enjoy somebody else’s success, whatever it is that you are searching for yourself, you usually end up getting because of that giving mentality.”

There’s more out of Miami today:

Erik Spoelstra will tie Pat Riley‘s franchise record by coaching his 849th regular-season game with the Heat on Monday, Ira Winderman of the Sun Sentinel tweets. Spoelstra, who’s in his 11th season as head coach, can pass Riley’s record on Wednesday against the Clippers.
Dwyane Wade played his final game in Chicago on Saturday, tallying 14 points, 10 rebounds and 7 assists in nearly 27 minutes. “I have more of a connection here than anywhere else,” Wade said postgame, according to Mark Strotman of NBC Sports. “It’s my birth city. It’s the place where my vision to become an NBA player started, watching my favorite team and watching my favorite players growing up. It definitely felt different than any other city but it was a good different. It was a joyous time for me to be here.”
Rodney McGruder has earned a higher ground for restricted free agency this summer, Winderman details for the Sun Sentinel. McGruder, 27, met the criteria of starting half of the season (41 games) last week, raising his $1.9 million qualifying offer to $3MM. The CBA also states that the “starter criteria” could include playing 2,000 or more minutes, according to Winderman, with McGruder logging 1,185 minutes just over the halfway point of the season.