And-Ones: Team USA, Role Players, M. Jones, Balcetis
Speaking to reporters at a Thursday press conference to formally introduce Erik Spoelstra as Team USA’s new men’s basketball head coach, managing director Grant Hill said that winning a World Cup for the first time since 2014 is the “first order of business” for the national team, per Joe Vardon of The Athletic.
The U.S. finished seventh at the 2019 World Cup and fourth in 2023, failing to secure a medal at either event. Typically, the World Cup rosters featured less established stars than the Olympic squads, and that likely won’t change going forward, according to Vardon, who points to Cooper Flagg and Evan Mobley as a couple possibilities for the 2027 team. For his part, Hill is in no rush to lock in on any specific players quite yet.
“We have some time, and one of the great things is to see who emerges,” Hill said. “You have two years before the World Cup, and it seems like every season there are players who take a step in their development and become better players, All-Star players, players whose games translate to international play.
“It’s great to get these players in the pipeline. The great thing is, yes, the world is getting better, but we are too. We still have some great players in this country, great young players. And you know, it’s on me to get out and recruit and you know, sort of share with guys the importance of doing this.”
Here are a few more odds and ends from around the basketball world:
- Fred Katz of The Athletic identifies five role players around the NBA who could end up being pivotal contributors for their respective teams this season, including Bucks guard Kevin Porter Jr., Cavaliers wing De’Andre Hunter, and Timberwolves guard Terrence Shannon Jr.
- After signing him last month, the Perth Wildcats have parted ways with former NBA guard Mason Jones, as Olgun Uluc of ESPN writes. Jones, who was named the MVP of the 2025 G League Finals in April, struggled in his first five games in Australia’s National Basketball League, shooting just 34.7% from the floor, including 27.6% on three-pointers. The Wildcats are exploring the market for a new import guard to replace him, per Uluc.
- Former Nuggets assistant general manager Tommy Balcetis is joining Zalgiris Kaunas as the Lithuanian club’s head of innovations, according to BasketNews. Balcetis was considered a potential candidate to run Denver’s front office after the team fired Calvin Booth in the spring, but the Nuggets opted to promote Ben Tenzer into that position and didn’t renew Balcetis’ contract.
- NBA rookies and award winners will wear patches on their jerseys this season as part of the league’s partnership with Fanatic/Topps. Dan Hajducky of ESPN has the details on the new program.
Bucks Waive Chris Livingston
4:59 pm: Livingston has been released by the Bucks, per NBA.com’s transactions log.
9:59 am: The Bucks are taking a first step toward addressing their roster crunch, according to ESPN’s Shams Charania, who reports (via Twitter) that the team is waiving forward Chris Livingston.
The final pick in the second round of the 2023 draft, Livingston has spent the past two seasons in Milwaukee but played a very limited role at the NBA level, logging just 196 minutes in 42 total regular season appearances. He averaged 1.3 points and 1.3 rebounds in 4.7 minutes per game.
Livingston, who turned 22 on Wednesday, has showed some promise in the G League. In 18 outings for the Wisconsin Herd in 2024/25, he averaged 18.1 points, 8.2 rebounds, 2.0 assists, and 1.1 steals in 29.5 minutes per contest, with a shooting line of .485/.301/.828.
The 6’6″ forward also played well for the Bucks’ Summer League team this July, earning a new one-year, minimum-salary contract in Milwaukee after having been waived two weeks earlier. While Livingston’s salary on his previous contract wasn’t guaranteed for 2025/26, his newest deal was fully guaranteed, so the Bucks will carry a dead cap hit of $2,296,274 after cutting him, assuming he goes unclaimed on waivers.
Livingston had been one of 15 Bucks players with a standard guaranteed contract. Waiving him will put the team in position to retain either Andre Jackson Jr. or Amir Coffey as its 15th man.
Jackson has an $800K partial guarantee on his minimum-salary deal and would earn his full $2.22MM guarantee if he makes the opening night roster. Coffey is on a non-guaranteed Exhibit 9 contract.
Bucks Sign, Waive John Butler, Stephen Thompson
5:00 pm: Both players have been waived, per NBA.com’s log of official transactions.
4:25 pm: The Bucks have added center John Butler Jr. and guard Stephen Thompson Jr. to their preseason roster, according to RealGM’s transaction log. Both players signed Exhibit 10 contracts, tweets Keith Smith of Spotrac.
Butler, who will turn 23 in December, appeared in 19 NBA games for Portland in 2022/23, but has been in the G League for the past couple seasons. He finished the ’24/25 campaign with the Wisconsin Herd, averaging 7.6 points, 4.6 rebounds, 1.8 blocks, and 1.2 assists in 30.3 minutes per game across nine outings for Milwaukee’s NBAGL affiliate.
Butler was teammates during that time with Thompson, who has spent the past two seasons with the Herd. He emerged as a key contributor last season, with averages of 14.1 PPG, 4.0 RPG, 2.9 APG, and 1.0 SPG in 48 games (31.4 MPG). The former Oregon State standout was also a reliable floor-spacer for Wisconsin, knocking down 38.7% of his 6.0 three-point attempts per contest.
As is the case with most Exhibit 10 recipients at this time of year, Butler and Thompson will almost certainly be waived in the next day or two and then report back to the Herd. If they spend at least 60 days with the Bucks’ affiliate, they’ll be eligible to earn bonuses worth up to $85,300 as a result of their Exhibit 10 deals.
Alex Antetokounmpo Joins Brothers On Bucks Via Two-Way Deal
October 16: Antetokounmpo’s two-way deal with Milwaukee is official, according to NBA.com’s transaction log.
October 13: The Bucks are signing Alex Antetokounmpo to a two-way deal, ESPN’s Shams Charania tweets.
He joins older brothers Giannis and Thanasis, who are both on standard contracts. This will mark the first time in NBA history that three brothers are on active roster contracts with the same team, Charania adds.
The Bucks are waiving Jamaree Bouyea to open up a two-way slot for the younger Antetokounmpo, Michael Scotto of HoopsHype tweets.
Alex Antetokounmpo has mainly spent his pro career in the G League. He played for the Raptors 905 in 2021/22 and the Bucks’ affiliate, the Wisconsin Herd, from 2022-24 after signing camps deals with the NBA teams and then getting waived during training camp.
Antetokounmpo also had stints in Lithuania, Montenegro and Greece. He requested his release from PAOK in the Greece Basketball League in August, then joined Aris Thessaloniki, another club in Greece, but only appeared in two games with that team. A report surfaced last week that he was headed to the U.S. to play in the G League again.
The addition of Alex can certainly be construed as another way of keeping his superstar brother happy in Milwaukee. There have been persistent rumors regarding Giannis’ future, including a report last week that the Knicks had preliminary discussions this summer with the Bucks regarding a blockbuster trade.
Warriors, Lakers Top 2025 NBA Franchise Valuations
The Warriors are still the NBA’s most valuable team, according to Kurt Badenhausen of Sportico, who unveiled the website’s updated NBA franchise valuations for 2025 on Thursday.
Badenhausen projects the Warriors’ value at $11.33 billion, which represents an incredible 24% increase from last year’s $9.14 billion valuation. The NFL’s Dallas Cowboys, at $12.8 billion, continue to be the only global sports franchise whose valuation comes in higher than Golden State’s, according to Sportico’s projections.
As Badenhausen outlines, the Warriors lead the NBA in revenue by a significant margin, having generated an estimated $833MM last season. Golden State makes more than $5MM per game in ticket revenue, along with $2.5MM from luxury suites; the club also has a $45MM per year jersey patch deal with Rakuten, earns almost double what any other team makes in sponsorship revenue, and is one of the few teams to fully own and operate its arena, per Sportico.
After placing third a year ago, the Lakers have jumped to second place on Sportico’s 2025 list at $10 billion, based on Mark Walter‘s recent agreement to purchase the team at that valuation. The Lakers moved slightly ahead of the third-place Knicks, who come in at $9.85 billion.
Every team’s valuation has increased by at least 9% since last year, per Sportico, with the average value of an NBA franchise now at $5.51 billion (up 20% from 2024) and no team worth less than $4 billion.
The average valuation has more than doubled since 2022, when it was $2.58 billion. As Badenhausen writes, the NBA’s new $76 billion media rights deal and its global ambitions – including the possible creation of a league in Europe – have played a part in those gains.
Although the Warriors’ $833MM is something out of an outlier, NBA teams generated an average of approximately $408MM in revenue last season, according to Badenhausen, with the Grizzlies coming in last at $301MM. Memphis also ranks 30th on Sportico’s list of franchise values.
Despite placing at the bottom of this list, the Grizzlies actually had the most significant increase in their franchise valuation this past year, rising from $3.06 billion to $4 billion (31%). The Pelicans (30%), Timberwolves (29%), and Eastern Conference champion Pacers (27%) were the other biggest risers.
Of course, it’s worth noting that figures from Sportico 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 these 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 2025:
- Golden State Warriors: $11.33 billion
- Los Angeles Lakers: $10 billion
- New York Knicks: $9.85 billion
- Los Angeles Clippers: $6.72 billion
- Boston Celtics: $6.35 billion
- Brooklyn Nets: $6.22 billion
- Chicago Bulls: $6.12 billion
- Miami Heat: $6.03 billion
- Philadelphia 76ers: $5.61 billion
- Houston Rockets: $5.53 billion
- Dallas Mavericks: $5.24 billion
- Toronto Raptors: $5.22 billion
- Phoenix Suns: $5.09 billion
- Atlanta Hawks: $5.02 billion
- Sacramento Kings: $5 billion
- Cleveland Cavaliers: $4.86 billion
- Denver Nuggets: $4.8 billion
- Washington Wizards: $4.78 billion
- Indiana Pacers: $4.76 billion
- Milwaukee Bucks: $4.54 billion
- San Antonio Spurs: $4.5 billion
- Oklahoma City Thunder: $4.34 billion
- Utah Jazz: $4.27 billion
- Portland Trail Blazers: $4.25 billion
- Minnesota Timberwolves: $4.24 billion
- Orlando Magic: $4.21 billion
- Detroit Pistons: $4.17 billion
- Charlotte Hornets: $4.13 billion
- New Orleans Pelicans: $4.02 billion
- Memphis Grizzlies: $4 billion
As Badenhausen notes, Sportico’s projections are based on a control sale price, rather than limited stake purchases. Controlling shares in the Celtics, Lakers, and Trail Blazers all changed hands this past year, though only the Celtics sale has been formally approved by the NBA so far.
William Chisholm is buying the Celtics in two stages, with an initial valuation of $6.1 billion and a blended valuation of roughly $6.5 billion. Walter is purchasing the Lakers at a valuation of $10 billion, while Tom Dundon is buying the Blazers at a $4.25 billion valuation.
Central Notes: Turner, Ball, Mathurin, Sarama, Russell
The Bucks got their first glimpse of the Giannis Antetokounmpo–Myles Turner pairing on Sunday, and what they saw in just over five minutes should excite them, says Eric Nehm of The Athletic. Despite Antetokounmpo’s somewhat pedestrian box score numbers, his presence opened up the floor for the team’s shooters, Nehm writes. Most importantly, Turner’s instincts, not only as a spacer but also as a cutter, worked perfectly alongside Antetokounmpo’s scoring gravity, creating wide-open looks for the Bucks’ guards.
“The most important thing about him is that he sacrifices,” Antetokounmpo said. “At times, he knows that he’s not going to get the ball and he’s going to create the open shot for his teammate.”
While the on-court stint may have been over quickly, Nehm feels it’s indicative of why pursuing Turner was the right choice for a team featuring Antetokounmpo. So far, the Bucks’ star seems to agree.
“It’s fun playing with him. Makes the game easier for me,” Antetokounmpo said. “I think I’ll try to make the game easier for him. When I draw a lot of attention, I think he’s gonna be able to create a lot of open shots … So he just makes the game easier not just for me, for the whole team.”
We have more notes from around the Central Division:
- Speaking of proving the value of an offseason pursuit, Lonzo Ball showed during Tuesday’s preseason game against the Pistons why the Cavaliers targeted him in trade talks this summer, writes Chris Fedor for Cleveland.com. Ball did a bit of everything in his 20 minutes, with nine points, nine assists, four rebounds, three blocks, and two steals. Coach Kenny Atkinson said that was exactly what he was envisioning Ball’s role to be. “He hasn’t disappointed,” Atkinson said. “Everything that we thought we were getting, we’re getting. He’s just got a great, great feel. I’m excited to coach any NBA player, but this is a guy I’ve watched for a long time. He’s kind of the ultimate system fit.” It appears the only questions surrounding Ball’s tenure in Cleveland will be related to health, not skill set.
- Bennedict Mathurin is expected to command a significant role for the Pacers this season with Tyrese Haliburton recovering from an Achilles tear. In Monday’s preseason matchup against the Spurs, he showed that he could not only create his own shot, but also play within the flow of the offense, writes Dustin Dopirak for the Indianapolis Star. Mathurin ended the game with 31 points on 11-of-12 shooting. On the less encouraging side of things, the Pacers’ four centers, Isaiah Jackson, Jay Huff, James Wiseman, and Tony Bradley, scored three total points on 0-of-10 shooting. With the departure of Turner, figuring out how to survive the center rotation will be crucial for the Pacers to stay competitive.
- Alex Sarama, who spent the last year and a half as an assistant coach with the Cavaliers, has been announced as the first head coach for the newly-christened Portland Fire WNBA team, writes Annie Costabile of Front Office Sports. Sarama worked with Fire general manager Vanja Cernivec during their time with the London Lions in the British Basketball League, serving as the Lions’ director of methodology.
- Walker Russell Jr. has played for the Pistons, as did his father, Walter Russell Sr. He now returns to the organization as an assistant coach for its G League affiliate, the Motor City Cruise, writes Omar Sankofa II of the Detroit Free Press. The Russells remain the only father-son duo to ever both play for the Pistons, and Sankofa adds that both father and son started and ended their playing career in Detroit. Russell Jr. is eager for the opportunity. “This right here is the best feeling I ever had, coming home,” he said. “I get to grind player development, I get to grind with the guys and tell my story, the good and the bad. The bad is what I really, really like to harp on because everybody talks about the good in this business. Nobody really talks about how you stay in this business.“
Injury Notes: Garland, Suggs, Adebayo, Bucks, Pacers, Thiero
Cavaliers point guard Darius Garland took an important step forward in his recovery from toe surgery by participating in a 5-on-5 contact scrimmage on Tuesday, writes Chris Fedor of Cleveland.com (subscription required). While head coach Kenny Atkinson referred to as a positive development, he cautioned that it doesn’t mean Garland’s return is imminent.
“It was live. It was very short,” Atkinson said. “Now let’s see what tomorrow looks like. What does the recovery look like? We know this is not an easy injury to come back from. It’s just not. You see what happens in the NFL with this injury. It’s not linear, usually, the return to performance, and we’re hoping it will be and he’ll progress. But I side on the side of being conservative and making sure. This is a good step today. A small step but a good step.”
Sources who have spoken to Fedor have maintained that Garland still could miss the first 10-15 games of the regular season. With their starting point guard expected to be unavailable when the season tips off, the Cavs intend to start Sam Merrill in the backcourt alongside Donovan Mitchell, who will take on more ball-handling responsibilities, says Fedor.
We have several more injury-related updates from around the NBA:
- Magic guard Jalen Suggs did “a little bit” of contact work on Tuesday in a 3-on-3 setting, head coach Jamahl Mosley told reporters, including Jason Beede of The Orlando Sentinel (subscription required). It’s unclear whether Suggs will be able to play in Orlando’s remaining preseason game on Thursday or if he’ll be ready for the season opener next Wednesday.
- Heat big man Bam Adebayo exited Monday’s preseason game early due to a knee injury, but it’s just a contusion and wasn’t serious enough to require an MRI, according to Barry Jackson of The Miami Herald (Twitter link). While it remains to be seen if Adebayo will suit up in the team’s preseason finale on Friday, it sounds like he should fine for the start of the season.
- After Myles Turner (right calf soreness) and Gary Harris (right hamstring strain) sat out the Bucks‘ last preseason game on Tuesday, head coach Doc Rivers downplayed Turner’s issue and suggested he’ll be ready for the start of the season, but said Harris’ hamstring injury will likely sideline him for a week or two, per Eric Nehm of The Athletic (Twitter links).
- The injuries that Pacers reserves Johnny Furphy (left ankle sprain) and Quenton Jackson (right hamstring soreness) are dealing with aren’t “serious,” according to head coach Rick Carlisle, but there’s no guarantee either player will be ready for opening night. “There’s a chance they could be back for the opening of the season, but I don’t know how big of a chance,” Carlisle said, according to Dustin Dopirak of The Indianapolis Star. The Pacers’ coach added Ben Sheppard, who has been out with an undisclosed injury, is “trending in a good direction” and could be available on Friday for the club’s preseason finale.
- Lakers rookie Adou Thiero remains sidelined due to swelling in his knee but has progressed to on-court activities, the team announced on Tuesday (Twitter link via Dan Woike of The Athletic). The Lakers added that Thiero will be reevaluated in approximately two or three weeks.
Giannis Antetokounmpo Says He Wants To Finish Career In Greece
After speaking in more general terms last month about the possibility of suiting up for a team in the EuroLeague before retiring as a player, Bucks superstar Giannis Antetokounmpo stated more plainly during an appearance on a Greek late-night talk show called The 2night Show that he’d like to finish his career in his home country.
“I’m 30 years old,” Antetokounmpo said, per BasketNews. “I can play in the NBA until I’m 36, 38. I’d like to end my career in a Greek team, why not? I don’t want to live in the United States. As soon as I leave the NBA, I want to return to Greece. I could end my career here, whether this team is called Filathlitikos, Olympiacos, Panathinaikos, or Aris, I’m talking about all the teams now.”
It’s not uncommon for NBA players – especially ones who were born overseas – to spend the twilight years of their careers in Europe. However, it’s a much rarer occurrence for a player of Antetokounmpo’s caliber.
Still, it’s worth noting that Antetokounmpo played for Filathlitikos from 2011-13 before being drafted and that he has long made it a priority to represent Greece in international competitions. Last month, he referred to winning a EuroBasket bronze medal this summer with the Greek national team as his “greatest accomplishment” as an athlete, despite his NBA championship and two NBA MVP awards.
Whether Antetokounmpo eventually plays in Greece remains to be seen, but his NBA future over the next few years could be determined in large part by how the Bucks’ 2025/26 season plays out.
Although the star forward has repeatedly expressed a desire to win another championship in Milwaukee, his comments have also strongly suggested that competing for another championship is a greater priority than spending his entire career as a Buck. If Milwaukee’s season ends early again next spring following three consecutive first-round exits in 2023, 2024, and 2025, Giannis will likely weigh his options more seriously as he prepares to enter a potential contract year.
Five Under-The-Radar Veteran Extension Candidates To Watch
The deadline for teams to sign players to rookie scale extensions is a week from today, and we'll be keeping an eye on several notable rookie scale extension candidates in the coming days. That group includes Pistons teammates Jaden Ivey and Jalen Duren, Nuggets guard Christian Braun, Hawks guard Dyson Daniels, Rockets forward Tari Eason, Kings forward Keegan Murray, and Trail Blazers guard Shaedon Sharpe.
A number of big-name players are also eligible for veteran contract extensions, with Rockets forward Kevin Durant, Heat guard Tyler Herro, and Hawks guard Trae Young among those we're been monitoring ahead of the 2025/26 season.
However, many of the most viable extension candidates have flown somewhat under the radar this fall, so we want to shine a spotlight on some of those players today. In the space below, we'll take a closer look at five players who are eligible for veteran contract extensions and who could realistically sign new contracts either before opening night or at some point during the season.
Let's dive in...
Cormac Ryan Released By Bucks
The Bucks have waived Cormac Ryan, the team announced (via Twitter).
Ryan signed an Exhibit 10 deal with the Bucks in September after playing for Milwaukee’s Summer League squad in Las Vegas. He appeared in five games and averaged 11.8 points, 2.4 rebounds and 1.6 assists in 23.1 minutes per contest. He also played two preseason games for the Bucks, averaging 5.0 PPG in 4.0 MPG.
The Wisconsin Herd, Milwaukee’s G League affiliate, acquired Ryan’s returning player rights in a trade last month. After being waived, he’s now eligible for a $85,300 bonus if he spends at least 60 days with the Herd.
A 6’5″ shooting guard, Ryan went undrafted in 2024. He played five college seasons for three different schools — Stanford, Notre Dame and North Carolina.
Ryan spent 2024/25 with the Thunder’s affiliate, the Oklahoma City Blue, after signing an Exhibit 10 deal last fall and subsequently being cut. In 37 games with the Blue (27.3 MPG), he averaged 12.3 PPG, 3.7 RPG, 2.0 APG and 0.9 SPG on .416/.384/.970 shooting.
The Bucks have also officially released Jamaree Bouyea, whose two-way spot will reportedly be taken by Alex Antetokounmpo, the youngest of the Antetokounmpo brothers. Milwaukee currently has 19 players under contract, two shy of the offseason limit, though that number will go up to 20 as soon as Antetokounmpo has been signed.