Heat Rumors

Checking In On NBA’s Open Roster Spots

Nearly two months into the NBA’s 2023/24 season, there are only eight open roster spots available across the league. Each team is permitted to carry up to 15 players on standard contracts and three on two-way deals, so that means 532 of 540 total roster spots are occupied.

All 90 two-way contract slots are currently filled, which means that each of the eight remaining openings is a standard slot.

Here are the teams that are currently carrying only 14 players on their respective standard rosters:

  • Boston Celtics
  • Chicago Bulls
  • Cleveland Cavaliers
  • Golden State Warriors
  • Los Angeles Lakers
  • Miami Heat
  • Minnesota Timberwolves
  • New Orleans Pelicans

The Celtics, Warriors, Lakers, Heat, and Pelicans are all currently over the luxury tax line and presumably aren’t eager to increase their projected end-of-season tax bills without a very good reason to do so. It seems likely that all five teams will fill their 15th roster spots by the end of the regular season, but there has been no urgency to do so yet.

While Boston, Golden State, and Miami have team salaries well beyond the tax threshold, Los Angeles and New Orleans aren’t far above that cutoff, so if the opportunity arises at the trade deadline, we could see them try to make cost-cutting trades in order to duck the tax. That figures to be more of a priority for the Pelicans, who have never been taxpayers, than it will be for the Lakers, who will likely be willing to take on additional salary for the right upgrade.

As for the Bulls, Cavaliers, and Timberwolves, all three teams entered the season close enough to the tax line that it didn’t make sense to carry a 15th man who would’ve pushed team salary above that threshold.

Chicago and Minnesota have a little more breathing room than Cleveland and could sign a free agent today without going into the tax, but I expect they’ll be patient — both teams are candidates to make trade deadline moves, so if they have to take back an extra $1-2MM in salaries in a deal, that breathing room below the tax will come in handy.

The injury-ravaged Cavaliers could benefit from adding a 15th man, but they’re less than $800K away from the tax line and have no interest in becoming a taxpayer, per Chris Fedor of Cleveland.com. A trade or buyout involving Ricky Rubio, which they’ve reportedly begun looking into, could generate some additional flexibility to fill out the roster, but there has been no indication anything is imminent.

Southeast Notes: Heat, T. Jones, Wizards, Suggs

The Heat used their 16th different starting lineup in 28 games on Wednesday at Orlando, but they keep finding ways to win, writes Anthony Chiang of The Miami Herald. Tyler Herro and Bam Adebayo returned this week, but Jimmy Butler was held out with a strained left calf and Kevin Love had a stomach illness, forcing coach Erik Spoelstra to continue the personnel juggling that has been necessary since the start of the season.

“We do feel like we have great depth,” Spoelstra said. “We have great continuity, so I’m not as concerned when we’ve had to deal with guys missing games. It’s more about developing the consistency to our identity, which we know. We have the continuity. It’s about whoever is out there, we know what we need to try to do. We just need to do it more consistently.”

Chiang notes that only the Grizzlies, Hornets and Pistons have more missed games this season than Miami, and all those teams are near the bottom of the standings. Miami is tied for sixth in the East at 16-12 while getting contributions from up and down its roster. Reserves played a huge role on Wednesday as Josh Richardson, Duncan Robinson, Thomas Bryant and Haywood Highsmith all contributed to the win.

“Thomas was a plus-20. Obviously, (Highsmith) was really good defensively and then knocked down threes,” Spoelstra said. “So that makes everybody else notice out there. But he did a lot of other intangible things to contribute to winning. And J-Rich and Duncan were both so rock solid in this game. We don’t win this game without that production from those guys.”

There’s more from the Southeast Division:

  • The Wizards traded for point guard Tyus Jones this summer to be the on-court leader for a young team and he has excelled in that role so far, per Chase Hughes of Monumental Sports. Jones is posting career highs with 11.8 points, 3.0 rebounds and 5.5 assists per game, and Washington ranks second in the league in pace and 10th in scoring.“You can have play-makers, but there are a lot of guards in the league who are score first,” coach Wes Unseld Jr. said. “They are capable of making plays and facilitating, but it’s very unique to have a guy who sees the game that way and is able to put other guys in the right spots.”
  • With the Wizards off to a 4-22 start, David Aldridge and Josh Robbins of The Athletic examine the roster and look at how management can get the team moving in the right direction. Sources tell the authors that Washington plans to emphasize “positional length,” basketball IQ and work ethic in next summer’s draft.
  • Michael Pina of The Ringer talks to Jalen Suggs about how he has helped the Magic improve by taking on a non-glamorous role.

Southeast Notes: Carter, Fultz, Magic, Heat, Wizards

Magic center Wendell Carter Jr., who underwent surgery to address a broken bone in his left hand in early November, appears set to return to action on Wednesday, according to Jason Beede of The Orlando Sentinel, who notes that Carter doesn’t show up on the injury report for the team’s game vs. Miami.

Carter has started 139 of 146 games for the Magic since joining the team in 2021, including the first five contests of the 2023/24 season. However, the team has been thriving in recent weeks with center Goga Bitadze in the starting five, posting a 13-7 record since Carter last played, so it’s unclear if the former lottery pick will immediately reclaim his starting job.

The Magic will soon face a similar dilemma with Markelle Fultz, who started five games early in the season but hasn’t played since November 9 due to a knee issue. As Beede writes, Fultz is nearing a return too, though he has been ruled out for Wednesday’s game and head coach Jamahl Mosley said this week that he’ll “probably a little bit longer” than Carter.

Here’s more from around the Southeast:

  • The Magic‘s home arena has a new name, as Beede details in a separate Orlando Sentinel story. Known as the Amway Center for the past 13 years, the building will henceforth be known as the Kia Center. According to Beede, the Magic’s original deal with Amway Global in 2010 was worth $40MM over 10 years; this new agreement with Kia is likely more lucrative.
  • The Heat are getting Kyle Lowry back in their lineup on Wednesday after Tyler Herro and Bam Adebayo returned on Monday, but the team isn’t quite fully healthy yet, writes Barry Jackson of The Miami Herald. Jimmy Butler (left calf strain) has been ruled out for the game in Orlando, as has Kevin Love (stomach illness).
  • Teo Armus of The Washington Post answers some frequently answered questions about the Wizardstentative plan to move from D.C. to Alexandria, Virgina, noting that an unfavorable lease at Capital One Arena is the primary impetus for the move. The proposed “entertainment district” in Alexandria would cost taxpayers an estimated $1.35 billion, with Monumental Sports contributing $819MM, Armus notes.

Trade Rumors: Mitchell, Grant, Hawks, Clarkson

There’s no indication that the Cavaliers are considering trading Donovan Mitchell, and the star guard shut down that topic of conversation following injuries to teammates Darius Garland and Evan Mobley. However, in an Insider-only story for ESPN.com, Kevin Pelton argues that it’s something the team should think about, given that Cleveland doesn’t appear to be a legitimate title contender in the short term and Mitchell can become a free agent in 2025.

As Pelton writes, if the Cavaliers aren’t confident in their ability to extend Mitchell beyond his current deal, they could maximize his value on the trade market by moving him sooner rather than later, potentially getting back pieces that could complement Garland and Mobley as they enter their respective primes.

It seems unlikely that the Cavs will heed Pelton’s advice and make Mitchell available in advance of this season’s trade deadline. But if the four-time All-Star eventually ends up on the trade block, the Knicks, Nets, Heat, and “at least two other” Southwest teams would be among the potential suitors to watch, ESPN’s Brian Windhorst said on his latest Hoop Collective podcast (hat tip to NetsDaily).

Here are a few more trade rumors from around the NBA:

  • Ever since Damian Lillard requested a trade out of Portland, forward Jerami Grant has been viewed as a logical trade candidate, given that he seems to be on a different timeline than the rebuilding Trail Blazers. However, Danny Marang of 1080 The Fan in Portland (Twitter link) says he continues to hear the team has “zero interest” in moving Grant and is happy with the role he’s playing on the current roster.
  • Teams around the NBA are keeping an eye on the Hawks to see if they’ll become a trade deadline seller, Marc Stein writes in his latest Substack story. Atlanta was at the center of several offseason trade rumors – many of which involved Clint Capela and/or De’Andre Hunter – but didn’t end up doing anything too significant and is off to an underwhelming (11-15) start this fall.
  • Chris Haynes of Bleacher Report (video link) confirms that Jazz guard Jordan Clarkson is considered available via trade, as previous reports have suggested. Clarkson likes playing in Utah and isn’t seeking an exit, Haynes notes, but multiple contenders have inquired about him.

Heat Notes: Herro, Adebayo, Rotation, Lowry, Jovic

After missing 18 and seven consecutive games, respectively, Tyler Herro (right ankle sprain) and Bam Adebayo (left hip contusion) returned from their injuries on Monday when the Heat hosted Minnesota. Although Miami lost the game to the Western Conference’s top seed, Herro and Adebayo didn’t show many signs of rust, combining for 47 total points on 20-of-40 shooting against the NBA’s best defense.

As Ira Winderman of The South Florida Sun Sentinel (subscriber link) writes, while having Herro and Adebayo back is obviously good news for the Heat, it will create some rotation decisions for head coach Erik Spoelstra. Duncan Robinson and Orlando Robinson had been regular starters with Herro and Adebayo out, but both players returned to the bench on Monday, with Orlando not playing at all.

The Heat used nine players on Monday, but Kyle Lowry (soreness), who typically has a fairly significant role, wasn’t active. With that in mind, Winderman wonders if one of those nine players – perhaps Josh Richardson – will become the victim of a rotation crunch when everyone is healthy or if Spoelstra will decide to regularly use 10 players.

Here’s more on the Heat:

  • Lowry was carrying a heavy workload while the Heat were shorthanded due to injuries, notes Anthony Chiang of The Miami Herald, so the veteran guard’s absence on Monday seemed more like an effort to get him a rest day than a result of any serious health issue. Spoelstra declined on Monday to say whether Lowry would be given more time off, per Winderman. “We treat everything on a game-by-game basis,” the Heat coach said.
  • Because the incentives in Herro’s contract are tied to postseason awards like All-NBA, MVP, and Defensive Player of the Year, the team now knows for sure that he won’t earn any of those bonuses this season, since he’ll fall short of the 65-game minimum required to qualify, Winderman writes for The Sun Sentinel (subscription required). That means Herro’s 2024/25 cap hit will remain at $29MM rather than increasing, which is useful information for the team to have as it weighs potential roster moves with an eye on next season’s salary.
  • JC Butler, the son of Heat assistant coach Caron Butler, has joined the team’s G League affiliate, the Sioux Falls Skyforce, as Winderman details in the same story. The younger Butler went undrafted out of UC Irvine in 2022.
  • Nikola Jovic continues to bounce back and forth between the NBA and the G League, according to Chiang, who writes that the second-year forward is expected to return to the Skyforce on Tuesday to take part in the G League’s Winter Showcase in Orlando. “We want to get him game minutes, as much as possible,” Spoelstra said. Jovic added that he’s being “patient” and still feels as if the organization believes in him despite the lack of opportunities at the NBA level.

Heat Notes: Adebayo, Herro, Jovic, Hampton, More

Time is no longer on Heat center Bam Adebayo‘s side when it comes to potentially earning a super-max contract extension after the season, writes The South Florida Sun Sentinel’s Ira Winderman.

In order to be eligible for a super-max deal worth 35% of the cap, Adebayo has to either earn a spot on the All-NBA team or be named the league’s MVP or Defensive Player of the Year. And in order to be eligible for any of those honors, he must play in at least 65 games as a result of changes made in the latest Collective Bargaining Agreement.

Adebayo has already missed nine games this season, including six in a row. That means he can only miss up to eight more before he’s deemed ineligible for those awards. Adebayo is nearing a return to the court and is expected back sometime in December, per the Miami Herald’s Barry Jackson, but another injury or two in the coming months could cost him a shot at super-max eligibility in 2024.

Adebayo is in the middle of a strong season, averaging 22.3 points and 9.9 rebounds for the 14-11 Heat. If he’s able to stay healthy, he should be a candidate for both an All-NBA nod and for the Defensive Player of the Year award. He’s finished in the top five in voting in the latter in each of the past four seasons.

We have more from the Heat:

  • Adebayo isn’t the only key player the Heat are expecting back soon. We recently wrote Tyler Herro is expected back soon and Jackson says he’s targeting a Dec. 18 return. Herro hasn’t played since Nov. 8. R.J. Hampton also recently returned for the Heat, logging roughly nine minutes against the Bulls on Thursday in his first action since Oct. 28.
  • In the second of a three-part series, Jackson explores potential trades the Heat could make with Western Conference teams. However, there aren’t many options that are either easy or make much sense. Jackson mentions Lauri Markkanen‘s supposed availability, but writes the Jazz would rightly want a huge return and any other trade with Utah could limit the team’s availability to re-sign Caleb Martin. Other teams exploring trades, like the Spurs and the Warriors, don’t have many packages that make sense for Miami either.
  • Center Thomas Bryant and two-way player Jamal Cain have both seen their roles fluctuate with the Heat this season, observes the Miami Herald’s Anthony Chiang. Bryant opened the year as Adebayo’s primary backup, but fell out of the rotation and remained that way even with Adebayo out. Meanwhile, Cain had a strong summer and sought a standard deal but ultimately ended back up on a two-way deal that limits him to 50 regular season games. However, both players are continuing to stay ready for any opportunity, which coach Erik Spoelstra commented was “never easy.” Bryant has responded by scoring 17 points and 11 rebounds in about 27 minutes over his last two appearances. Cain meanwhile, scored 14 points in just under 29 minutes against the Hornets on Wednesday.

And-Ones: Panic, Trade Candidates, Awards, Atkinson, Thabeet

Which teams that hoped to be contenders entering 2023/24 should be panicking after slow starts? John Hollinger of The Athletic explores that topic, with the Warriors topping his list (an eight on a scale of one-to-10).

The indefinite suspension of Draymond Green and the poor play of Andrew Wiggins and Klay Thompson “presents a dilemma” for Golden State, which just won the title two seasons ago. The Warriors will be faced with many difficult decisions in the coming months, Hollinger notes, with Thompson’s expiring contract looming large.

The Raptors (seven), Hawks (six), Grizzlies (five) and Suns (four) also hold places on Hollinger’s “Panic Meter” for various reasons.

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

  • Speaking of the Raptors, two of their starters — Pascal Siakam and OG Anunoby — are at the top of the trade candidate big board compiled by Sam Vecenie of The Athletic. Bulls guard Zach LaVine ranks third on the 25-player list, followed by his Chicago teammates DeMar DeRozan and Alex Caruso.
  • Tim Reynolds of The Associated Press takes a look at the early impact of the NBA’s new 65-game requirement for awards, writing that Heat guard Tyler Herro (ankle) and Trail Blazers guard Anfernee Simons (thumb surgery) are among the noteworthy players who won’t meet that requirement due to injuries, with many others having missed several games already. Herro has accepted that he won’t have a shot at a postseason award. “Next year then,” Herro said. “Or the year after that.”
  • Warriors assistant coach Kenny Atkinson has joined the staff of the French national team, per a team press release. Atkinson, formerly the head coach of the Nets, interviewed for several NBA head coaching jobs in recent years.
  • Hasheem Thabeet, the No. 2 overall pick of the 2009 draft, is signing a contract with the Kaohsiung Steelers, a Taiwanese team, agent Jerry Dianis tells Michael Scotto of HoopsHype (Twitter link). Thabeet appeared in 224 NBA games with the Grizzlies, Rockets, Blazers and Thunder, but has been out of the league since the ’13/14 season.

Eastern Rumors: LaVine, Bulls, Raptors, Pacers, Sixers

It has been difficult to sift through the noise in the rumor mill to determine which teams might actually be legitimate suitors for Zach LaVine, according to Jake Fischer of Yahoo Sports, who notes that while the Sixers and Lakers have frequently been mentioned as possibilities, their level of interest in the Bulls guard is unclear.

Teams like the 76ers, Knicks, and Heat haven’t seriously engaged or shown real interest in LaVine, says K.C. Johnson of NBC Sports Chicago. Joe Cowley of The Chicago Sun-Times reported this week that the Lakers are believed to be LaVine’s preference in the event of a trade, but we don’t have a sense of whether that interest is reciprocated.

As Fischer writes – and as Cowley previously suggested – if the Bulls are going to move LaVine, they’d ideally like to do it well in advance of February’s deadline in order to give them time to evaluate their new-look roster before deciding on whether or not to trade more players, such as DeMar DeRozan or Alex Caruso.

However, LaVine’s injury history was already considered a red flag for potential suitors, and the fact that he’s currently on the shelf due to a foot issue only lends credence to that concern, Fischer notes. On top of that, the Bulls’ asking price is believed to be high, consisting of an established starter, a young player with upside, and first-round draft capital, sources tell Fischer. It remains to be seen whether any team is willing to put a package like that on the table.

According to Fischer, the Bulls have also explored the possibility of trying to move LaVine in a deal for another All-Star level player. They attempted to pitch the Cavaliers on a swap that would have sent point guard Darius Garland to Chicago, sources tell Yahoo Sports. Presumably, Cleveland didn’t have much interest in that concept.

Here are a few more rumors from around the Eastern Conference, courtesy of Fischer:

  • Given that the 2024 draft class is considered relatively weak, there’s a sense that teams in search of roster upgrades might be more inclined to move their ’24 first-round picks in trades this season, but there’s not yet a long list of sellers. According to Fischer, league personnel believe the Raptors will be more inclined to join that group of sellers this winter than they have been in past years, after they saw Fred VanVleet walk in free agency over the summer. “Toronto’s going to be forced to make a decision,” one GM said to Yahoo Sports.
  • Pascal Siakam is considered the more likely trade candidate than Raptors teammate OG Anunoby, but a couple of the clubs believed to have interest in Siakam – the Pacers and Kings – seem “more vested” in the idea of landing Anunoby, Fischer writes.
  • Speaking of the Pacers, rival executives think they’ll be aggressive in exploring ceiling-raising trades that would consolidate some of their depth pieces, though Fischer is unconvinced the team is prepared to do anything substantial quite yet. Veteran backup point guard T.J. McConnell continues to draw interest from playoff teams seeking backcourt help, Fischer adds.
  • The Sixers aren’t expected to pursue any major roster changes until much closer to February’s trade deadline, according to Fischer.

Herro, Bam Expected To Return Prior To Dec. 28

  • No firm timetable was given, but Ira Winderman of The South Florida Sun Sentinel hears the Heat could be getting a couple key contributors back in the next couple weeks. Guard Tyler Herro (ankle sprain) and center Bam Adebayo (hip contusion) are expected to return prior to Miami’s West Coast trip that begins on December 28, according to Winderman. Herro has been out since November 8, while Adebayo has missed the past four games.

Warriors, Knicks, Lakers Top Latest NBA Franchise Valuations

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:

  1. Golden State Warriors: $8.28 billion
  2. New York Knicks: $7.43 billion
  3. Los Angeles Lakers: $7.34 billion
  4. Boston Celtics: $5.12 billion
  5. Chicago Bulls: $4.83 billion
  6. Los Angeles Clippers: $4.56 billion
  7. Miami Heat: $4.17 billion
  8. Philadelphia 76ers: $4.13 billion
  9. Toronto Raptors: $4.11 billion
  10. Houston Rockets: $4.05 billion
  11. Dallas Mavericks: $4.03 billion
  12. Phoenix Suns: $4 billion
  13. Brooklyn Nets: $3.98 billion
  14. Sacramento Kings: $3.46 billion
  15. Denver Nuggets: $3.4 billion
  16. Atlanta Hawks: $3.35 billion
  17. Washington Wizards: $3.33 billion
  18. San Antonio Spurs: $3.29 billion
  19. Portland Trail Blazers: $3.28 billion
  20. Indiana Pacers: $3.27 billion
  21. Utah Jazz: $3.24 billion
  22. Cleveland Cavaliers: $3.22 billion
  23. Milwaukee Bucks: $3.2 billion
  24. Orlando Magic: $3.12 billion
  25. Detroit Pistons: $3.1 billion
  26. Oklahoma City Thunder: $3.08 billion
  27. Charlotte Hornets: $3 billion
  28. Minnesota Timberwolves: $2.94 billion
  29. Memphis Grizzlies: $2.82 billion
  30. 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 Mavericksreported 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.