Bucks Rumors

Central Notes: Bulls, Nnaji, Strus, Wade, Middleton

Although the Bulls have reportedly talked to the Nuggets about a possible swap centered around Zach LaVine and Michael Porter Jr., they have shown no interest in taking Zeke Nnaji‘s contract back in a deal with Denver, reports K.C. Johnson of the Chicago Sports Network (Twitter link).

Porter is making $35.9MM this season and LaVine’s cap hit is about $43MM. The Nuggets wouldn’t be permitted to take back more salary than they send out in any trade, so adding Nnaji ($8.9MM) would make perfect sense for Denver. However, the forward/center, who is in the first season of a four-year contract and isn’t playing consistent rotation minutes, has negative trade value.

The Bulls’ position on Nnaji doesn’t necessarily mean the two sides can’t get a deal done. The Nuggets could try to offer additional sweeteners to convince Chicago to take him or find a third team willing to absorb Nnaji’s contract along with some sort of draft compensation. The two teams could also make a deal without including Nnaji — it would mean attaching Dario Saric and one more low-salary player (anyone except for Jalen Pickett or Hunter Tyson) to Porter in order to exceed LaVine’s incoming cap hit.

Here’s more from around the Central:

  • It was a successful season debut on Friday for Cavaliers wing Max Strus, who made a trio of three-pointers and was a +20 in 19 minutes of action in a blowout win over Milwaukee, writes Chris Fedor of Cleveland.com (subscriber link). Strus, who was sidelined for the first 27 games of the season while recovering from an ankle injury, was on a minutes limit on Friday and then sat out on Saturday during the second game of a back-to-back set for injury management purposes, notes Fedor (Twitter link).
  • With Isaac Okoro out and Strus just returning, Dean Wade started at small forward for the Cavaliers on both Friday and Saturday and was a +34 in 46 total minutes, registering 21 total points on 7-of-9 shooting in a pair of resounding victories. As Fedor writes in another Cleveland.com story, Wade’s performance is a reminder that the Cavs will have 11 players worthy of rotation minutes once everyone is healthy. Head coach Kenny Atkinson would ideally like to find playing time for all of them, sources tell Fedor. “Everyone can easily (say), ‘I deserve my minutes. We’re the best record in the league. Why shouldn’t I keep playing my minutes?'” Atkinson said. “But with Max back, we’re going to have those conversations individually and as a team.”
  • After missing the first 21 games of the season while recovering from offseason surgeries on both ankles, Bucks forward Khris Middleton is still rounding into form. He took a big step forward on Saturday in a win over Washington, playing in his first back-to-back and setting personal season highs with 18 points, eight assists, six rebounds, four three-pointers, and 24 minutes played. “Still got a little bit to go, but tonight definitely felt like the best night I’ve had thus far,” Middleton said after the game (Twitter link via Eric Nehm of The Athletic). “Always great to get a couple threes going, mid-range going.”

And-Ones: Team Canada, DSJ, 2025 Draft, Kendrick

Canadian players are still dealing with the disappointment of not winning a medal at this year’s Summer Olympics, writes Michael Grange of Sportsnet.ca. Featuring a roster loaded with NBA talent, Team Canada had a chance to reach a milestone for the nation’s basketball program. Instead, they left Paris empty-handed with the realization that the next opportunity is four long years away.

“It’s different once it’s over and you realize that you’re not going to be in that position, not have a chance for four more years,” RJ Barrett said. “Like, that’s a rough part about it, especially when we felt like we had a team that had a great mix. I think we had young guys, but not rookies, you know, and we had guys in their prime or close to their prime, and we had some vets that are still at a good stage in their career. We had the experience, and we had the talent, we got we had the coach. We felt like that was our time, but I think experience, and those type of tournaments is huge.”

The Canadians looked like a legitimate threat to capture the gold after going undefeated in pool play against Greece, Australia and Spain, who were all viewed as medal contenders. But their hopes ended quickly with an 82-73 loss to France in the quarterfinal round. Grange notes that Canada was able to control Victor Wembanyama, holding him to seven points on 2-of-10 shooting with Dillon Brooks guarding him for much of the game, but Guerschon Yabusele and Mathias Lessort led the hosts to victory by combining for 35 points.

“Every year, I get a chance to win an NBA championship,” Shai Gilgeous-Alexander said, “(but it’s only) every four years I get a chance to try to win the Olympics, you know?”

There’s more from around the basketball world:

  • When Dennis Smith Jr. entered the G League player pool, he was expecting to be claimed by the Spurs‘ affiliate, Marc Stein and Jake Fischer write in a Substack column (subscription required). Instead, he wound up with the Bucks‘ affiliate, making his future in the G League less certain, sources tell The Stein Line. Real Madrid reportedly has interest if Smith wants to play in the EuroLeague.
  • Dylan Harper and Ace Bailey are making an impact at Rutgers, but the NBA executives and draft experts who talked to Adam Zagoria of NJ.com believe Duke’s Cooper Flagg remains very likely to be the top pick in 2025.
  • Frank Kendrick, who was part of a championship team with the Warriors during his only NBA season, died this week at age 74, the team announced (via Twitter). Kendrick also won an NIT title at Purdue and was inducted into the Indiana Basketball Hall of Fame in 2002.

Central Notes: Bulls, Pacers, Bucks, Pistons

The Bulls registered their most impressive win of the season on Thursday in Boston, defeating the defending champion Celtics for their third consecutive victory and increasing their record on the season to 13-15.

As a result of the win, Chicago is now tied with Sacramento for the 10th-worst record in the NBA. That’s notable because the Bulls will send their 2025 first-round pick to San Antonio if it doesn’t end up in the top 10. After scoring a game-high 36 points on Thursday, Zach LaVine made it clear that hanging onto that draft pick isn’t something the Bulls’ players and coaches are thinking about, per Joe Cowley of The Chicago Sun-Times.

“Players and coaches never tank. That’s just not going to happen,” LaVine said. “We’re a good team. From all the predictions early on in the year, like we’re better than what people predicted us to be off the talent we have here. We’re competitive, man. You go out there and play like we did, we can beat anybody.”

Of course, while it may be true that players and coaches “never tank,” the same can’t be said of front offices, who are in position to make in-season personnel moves to weaken a team’s roster and improve its draft position. LaVine is one candidate to be dealt by the February 6 deadline, and Cowley hears there’s “light momentum” in talks involving Chicago’s top scorer.

Still, head coach Billy Donovan said that he hasn’t gotten the impression in conversations with head of basketball operations Arturas Karnisovas that the front office is in a hurry to start losing.

“The one thing I respect about the organization, and this was even in the summer from exit interviews, meetings, things like that, is I think collectively inside the organization there is an expectation about the integrity of competition and to go out there and put our best foot forward,” Donovan said. “… Nothing has ever been said, ‘Listen, we’ve got to keep this pick so do this and this.’ That is not happening, and I respect that as a coach. I feel like everything we’re doing each and every day is how do we put these guys, ourselves, in the best position to compete and win.”

Here’s more from around the Central:

  • The Pacers beat the Suns in Phoenix on Thursday for their third straight win and finally appear to be finding their identity after a shaky start to the season, writes Dustin Dopirak of The Indianapolis Star. “The practice time the last two weeks has helped us,” head coach Rick Carlisle said of a stretch in which Indiana played three games in 11 days. “It’s helped us regain an edge defensively. Our full-court defense is more of a factor. We just need teams to feel us. Even if we’re not the most physically bruising team, they need to feel our persistence at both ends. I thought we really picked it up tonight.”
  • Like the Pacers, the Bucks came out of the gates slowly this fall before reestablishing their identity and hitting their stride. Milwaukee is ahead of where Indiana is, having won 12 of its last 15 regular season games, plus the NBA Cup final. Jim Owczarski of The Milwaukee Journal Sentinel (subscription required) takes a closer look at how the Bucks have turned things around, with perennial MVP candidate Giannis Antetokounmpo leading the way. “Getting the ball in Giannis’ hands and letting Giannis dictate action,” head coach Doc Rivers said of the team’s game plan. “He’s our best player. And so, that’s what we’re doing. But, we gotta make sure we get it to him and then we gotta make sure to run to space.”
  • Determining whether Jalen Duren and Jaden Ivey are part of the long-term plans is one of the Pistons‘ top priorities this season, according to Keith Langlois of Pistons.com, who notes that both players will be extension-eligible during the 2025 offseason. Within his mailbag, Langlois also answers questions about Detroit’s trade candidates, Ausar Thompson‘s role, and Marcus Sasser‘s development.

And-Ones: MVP Race, Redick, Birch, Obst

Nikola Jokic has a commanding lead in ESPN’s first straw poll of the season on the MVP race, writes Tim Bontemps of ESPN. The Nuggets center captured 57 first-place votes among the 100 ballots, giving him 827 total points.

Thunder guard Shai Gilgeous-Alexander came in second with 24 first-place votes and 678 points, followed by Bucks big man Giannis Antetokounmpo, who topped 19 ballots and has 643 points. Celtics forward Jayson Tatum (267 points) and Mavericks guard Luka Doncic (123) round out the top five.

A win by Jokic would give him four MVP trophies in five years and would put him in very select company, Bontemps notes. Only LeBron James and Bill Russell have collected the award four times in five seasons, while Kareem Abdul-Jabbar, Michael Jordan and Wilt Chamberlain are the other players to be named MVP at least four times.

Bontemps adds that Antetokoumpo had a significant surge in the poll after his dominant performance in the NBA Cup final. Twenty-nine voters changed their ballots after Tuesday’s game, giving him more than twice as many first-place votes and moving him much closer to Gilgeous-Alexander.

There’s more from around the basketball world:

  • J.J. Redick, who was a rising media star before being hired to coach the Lakers, weighed in on the NBA’s declining television ratings after Thursday’s game, according to Sam Amick and Jovan Buha of The Athletic. Redick doesn’t believe the league is being presented well by its national TV outlets. “We don’t have anybody that’s willing to step up to the fact that this is an awesome game and we should talk about it and celebrate it in a positive way,” he said. “That doesn’t mean we don’t critique it. We should critique it, but we should celebrate it. Nobody’s doing that, and the people that are have a small niche following on Twitter. And frankly, I would argue as well, that everyone in our ecosystem pays too much attention to what is said on Twitter. And part of this whole ratings discussion is because people on Twitter are talking about it.”
  • Khem Birch will remain with Fenerbahce for the rest of the season, relays Donatas Urbonas of BasketNews. In September, Birch signed a one-year contract with an exit clause that would have allowed the Turkish team to terminate the deal in January. Urbonas states that other EuroLeague teams had interest if the 32-year-old center had become a free agent again.
  • German sharpshooter Andreas Obst spoke about a potential three-point shootout with Stephen Curry and his interest in an NBA future in a BasketNews Film Session Episode. Obst says he heard that NBA executives were talking about him after he starred in the 2023 World Cup, but he never got a formal offer. “At some point, yeah, I could see myself in the NBA,” he said. “I can fill a role as a shooter. I know how to use my gravity to space the floor, spot up, and play off the ball. That’s something I think any NBA team could use.”

Central Notes: LaVine, Lillard, Smith, Sheppard, Furphy

Zach LaVine has reinvented himself and is restoring his trade value, says Darnell Mayberry of The Athletic.

LaVine’s play hasn’t been bad during his time with the Bulls, but his large contract (owed $44.5MM in AAV over the next two seasons with a $48.9MM player option in 2026/27) is a deterrent in this second-apron era and he missed much of last season due to a foot injury. This year, LaVine has taken his offensive game to another level in terms of efficiency. He’s shooting what would be a career-best 42.8% from beyond the arc on 7.5 attempts per game.

The Nuggets have reportedly shown real interest in trading for LaVine, which is a testament to just how much he has changed outside perceptions about his game this season. An anonymous Western Conference scout spoke to Mayberry about a potential fit between LaVine and Denver.

He’s obviously going to have to defer (offensively),” the scout said of LaVine. “But the thing about (Nikola) Jokić is he makes everybody better. I’d be champing at the bit to be playing off of him. I think [LaVine] will fit in fine. Jokić is so special, he makes guys better probably more than anybody in the entire league.

We have more from the Central Division:

  • For his part, LaVine remains focused on the Bulls, according to K.C. Johnson of Chicago Sports Network (Twitter links). “I’m not the one controlling that,” LaVine said of the trade rumors. “That’s what has been so good about my mindset. I can control what my mood is and my mindset going into each game. Outside of that, it’s out of my control. … I signed a lengthy contract here for a reason. I wanted to stay here. But it’s always good to know you have interest because that means you’re a player other people want to play with. I’m just thankful the position I’m at today getting ready for defending NBA champs.” LaVine’s 42.8% three-point percentage is a 7.9 percentage point increase from the previous season and he’s averaging 21.7 points per game.
  • After signing a G League contract on Wednesday, Dennis Smith Jr. was claimed by the Bucks‘ G League affiliate, the Wisconsin Herd, according to NBA insider Marc Stein (Twitter link). Smith will also have a pro day in Orlando in front of several NBA teams as he hopes to make his league return, insider Chris B. Haynes relays (Twitter link). Smith went unsigned this offseason after spending last year with the Nets.
  • Milwaukee’s NBA Cup win gave Damian Lillard a taste of why he was traded to the Bucks, Milwaukee Journal Sentinel’s Jim Owczarski writes. “I feel happy,” Lillard said. “The experience of winning something. I’ve had a lot of experience individually where I’ve had accomplishments and stuff, but to have some team success and win something and be the last team standing in this tournament, it feels great.
  • After missing the last 14 games with a strained oblique, Ben Sheppard was available for the Pacers on Thursday, as first reported by IndyStar’s Dustin Dopirak (Twitter link). The second-year wing played a limited role off the bench.
  • Sheppard’s return might mean fewer minutes for second-round rookie Johnny Furphy, but the Pacers were impressed by what they saw from the young guard when he stepped up amid injuries. In 17 games this season, he’s averaging 3.4 points and shooting 39.3% from three. “We drafted Furphy to play 40 games in the G League and he’s been in our rotation,” coach Rick Carlisle said, per Dopirak (Twitter link).

Fischer: Valanicunas Among Several Centers On Trade Block

Jonas Valanciunas of the Wizards may be the most “attainable” and desirable trade candidate among centers this season, but he’s certainly not the only big man who could be on the move prior to the February 6 deadline, league sources tell Jake Fischer (Substack link via The Stein Line).

According to Fischer, several teams are looking for help in the middle, including the Lakers, Clippers, Bucks and Pelicans. The Clips and Bucks are interested in reserve centers to complement their starters (Ivica Zubac and Brook Lopez, respectively), with Lopez also drawing trade interest since last summer.

The Warriors are another team contemplating a trade involving big men, with Kevon Looney garnering “plenty of interest” from rival clubs, Fischer writes. Like Lopez, who earns $23MM in 2024/25, Looney is on an expiring contract ($8MM).

Confirming a recent report from Stefan Bondy, Fischer says Knicks center Jericho Sims is viewed as a potential trade candidate due to his inconsistent playing time as a backup this season. Fischer also notes that New York gauged injured center Mitchell Robinson‘s trade value around this time last year.

Despite his lengthy injury history, Trail Blazers center Robert Williams may be the “most coveted” big man on the market outside of Valanciunas, but it’s no lock that Portland will end up moving him, according to Fischer’s sources. If the Blazers do trade a member of their frontcourt, expect it to come closer to the deadline, Fischer adds.

Here’s more from Fischer:

  • Like Clint Capela, whom we highlighted in another story, Nikola Vucevic is a starting center who could be on the move, but it’s unclear if the Bulls will be successful in their attempts to trade the two-time All-Star, in part due to his contract ($20MM in ’24/25, $21.5MM in ’25/26).
  • Valanicunas, Williams and Walker Kessler are among the big men on the Lakers‘ trade wish list, sources tell Fischer. However, the Jazz have declined multiple offers for Kessler, so it’s difficult to decipher if Utah is actually willing to trade him or is simply gauging what he might bring in return.
  • Chris Boucher (Raptors), Day’Ron Sharpe (Nets), Trey Lyles (Kings), Daniel Theis (Pelicans) and Nick Richards (Hornets) are also “known to be on the market,” according to Fischer.

Antetokounmpo Headlines All-Tournament Team For NBA Cup

The NBA announced the All-Tournament Team for the NBA Cup on Thursday, with Giannis Antetokounmpo headlining the five-player group (Twitter link). The Bucks superstar was named tournament MVP after Milwaukee defeated Oklahoma City in Tuesday’s final.

Here’s the full team, along with the amount of votes each player received (in parentheses) from a group of 20 media members:

All five players advanced to at least the semifinals of the league’s second in-season tournament. Antetokounmpo and Gilgeous-Alexander were unanimous selections, while Lillard fell one vote shy.

According to the full voting results, Thunder big man Isaiah Hartenstein (5), Magic forward Franz Wagner (5), Hawks forward Jalen Johnson (4) and Thunder forward Jalen Williams (3) narrowly missed out on making the team. Six other players received one vote apiece.

The voting for the team is based on each player’s performance over the entire NBA Cup, including group play and the knockout round games. The Bucks went undefeated (7-0) to claim the trophy.

Lakers Notes: Ham, James, Christie, Wood

Darvin Ham, now back with the Bucks as an assistant, admitted to Marc J. Spears of Andscape that he was stunned in May when the Lakers fired him after two seasons.

“To do as well as I did, I swear to God, anywhere else I’m probably looking at an extension with what I did,” Ham said. “I’m not talking about feelings. I’m talking actual facts. They go from not making it to the playoffs to the final four in the NBA, the conference finals. And then you win the in-season tournament, navigate through all the injuries and win both of your play-in games to get to the playoffs. People always talk about us losing to Denver, but they never talk about how we got to Denver.”

Ham received criticism for his coaching methods and in-game strategy and there were reports the team’s stars felt the same way. Ham was blindsided by the negativity.

“I’m not a mudslinger and I’m not going to wait until I’m 51 to become one,” Ham said. “You feel like you did enough to sustain in one spot. I felt like I did that. I get it. The franchise I’m working for, the expectations can be unrealistic at certain points in time.

“To be 33-49 when I was hired, with an unbalanced roster, turn that around, make it to the Western Conference Finals. The very next year we were a plus-10 in wins, going from 33-49 to 43-39. And guys got paid on my watch. It went from a lot of unknown scenarios to I think we have a little bit of a core. And then we got hit with the injury bug like crazy last [season]. We might have been top five in games lost to injury.

Here’s more on the Lakers:

  • LeBron James is listed as questionable to play against Sacramento tonight due to left foot injury management, ESPN’s Dave McMenamin tweets. James has only missed two games this season, but both of those absences have come in the last 11 days.
  • Max Christie has suddenly become a key member of the rotation, averaging 25.1 minutes per game since November 15 and getting an audition as a starter as of late. He didn’t contribute much offensively on Sunday against Memphis but did an excellent job guarding Ja Morant, Khobi Price of the Orange County Register writes. “It’s a lot of confidence,” Christie said. “I’ve been thrown in the fire guarding a lot of really good players. Trae Young, Ja Morant, to name a few. So it’s definitely a big confidence booster for me.”
  • Christian Wood has yet to make his season debut but he will take a significant step in his rehab from knee surgery during the team’s road trip, according to Price. Wood will remain in Southern California and do live drills against the team’s coaching associates. “He’s doing more on the court with obviously just individual work,” coach JJ Redick said. “His Alter-G (anti-gravity treadmill) stuff, getting to 95%, 100% on the Alter-G. He’s had progress and it’s looking like it’ll be soon. Barring a setback, he’ll be back.”

Central Notes: Bucks, LaVine, Reed, LeVert

Perhaps wary of the fate of the Lakers and Pacers, who both struggled in the immediate aftermath of the finale of last season’s inaugural in-season tournament, the Bucks‘ post-game celebration after winning Tuesday’s NBA Cup final was decidedly muted, writes Sam Amick of The Athletic.

The NBA had set up a champagne celebration room for the winner of Tuesday’s game, but it went untouched following Milwaukee’s victory (Twitter link via Ben Golliver of The Washington Post).

The NBA puts a big tournament in front of you, and you go win that motherf—-er. It’s as simple as that,” forward/center Bobby Portis said as part of a larger quote. “They put something in front of you. You set a goal. You chop wood every day. Carry water. And eventually, you get here and you get a medal around your neck. … And then you get back to work on Thursday, which is what we signed up for. It’s part of the gig.

Here’s more from the Central:

  • Citing a source, Joe Cowley of The Chicago Sun-Times says there’s “light momentum” on the possibility of the Nuggets pursuing a trade for Bulls star Zach LaVine. According to Cowley, Chicago’s front office remains steadfast in its desire to avoid adding draft capital to move off LaVine’s maximum-salary contract, though the team is open to potential pick swaps.
  • Paul Reed‘s new one-year deal with the Pistons is fully guaranteed, Michael Scotto of HoopsHype confirms (via Twitter). Reed, who was waived and then re-signed for financial flexibility, will receive the prorated portion of the veteran’s minimum.
  • He hasn’t received much, if any, national recognition, but Caris LeVert is playing arguably the best — and most efficient — basketball of his career for the Cavaliers and is making a strong case for Sixth Man of the Year consideration. Chris Fedor of Cleveland.com (subscriber link) has the story and quotes on LeVert, who will be an unrestricted free agent in 2025.

Warriors Remain Atop 2024 NBA Franchise Valuations

The Warriors remain the NBA’s most valuable team, according to Kurt Badenhausen of Sportico, who unveiled the website’s updated NBA franchise valuations for 2024 on Wednesday.

Badenhausen projects the Warriors’ value at $9.14 billion, making them one of three teams to surpass the $8 billion mark this year. The Knicks have a projected worth of $8.3 billion, while the Lakers come in at $8.07 billion, per Sportico. Only the NFL’s Dallas Cowboys – at $10.3 billion – have a higher valuation than Golden State among North American sports teams, says Badenhausen.

While Sportico’s figures suggest the Warriors, Knicks, and Lakers are worth significantly more than the fourth-place team (the Nets at $5.7 billion), the average value of an NBA franchise is up to $4.6 billion, with no team worth less than $3 billion.

That average has increased by 15% since Sportico released its 2023 valuations last December and has nearly doubled since the site published its first NBA franchise valuations four years ago, when the average was $2.37 billion.

The NBA’s new $77 billion media rights deal and a 15% increase in team sponsorship are among the factors contributing to the rising valuations of the league’s franchises, according to Badenhausen, who notes that a post-COVID boom in concerts and other major events has been good news for team owners who also control their arenas.

NBA team owners operated 10 of the world’s 20 highest-grossing concert venues in 2024, with the Nets’ Barclays Center coming in at No. 1, says Badenhausen. The Nets’ valuation is up 43% this year, per Sportico, easily the largest year-over-year increase among the 30 NBA franchises.

When Forbes put out its NBA franchise valuations in October, it pegged the average value of a team at $4.4 billion. 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 begun highlighting Sportico’s projections as of 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 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 2024:

  1. Golden State Warriors: $9.14 billion
  2. New York Knicks: $8.3 billion
  3. Los Angeles Lakers: $8.07 billion
  4. Brooklyn Nets: $5.7 billion
  5. Los Angeles Clippers: $5.68 billion
  6. Boston Celtics: $5.66 billion
  7. Chicago Bulls: $5.56 billion
  8. Miami Heat: $5 billion
  9. Houston Rockets: $4.77 billion
  10. Toronto Raptors: $4.66 billion
  11. Philadelphia 76ers: $4.57 billion
  12. Dallas Mavericks: $4.46 billion
  13. Phoenix Suns: $4.32 billion
  14. Sacramento Kings: $4.11 billion
  15. Atlanta Hawks: $4.07 billion
  16. Denver Nuggets: $4.06 billion
  17. Washington Wizards: $3.98 billion
  18. Cleveland Cavaliers: $3.95 billion
  19. Milwaukee Bucks: $3.91 billion
  20. San Antonio Spurs: $3.79 billion
  21. Indiana Pacers: $3.74 billion
  22. Utah Jazz: $3.67 billion
  23. Portland Trail Blazers: $3.6 billion
  24. Oklahoma City Thunder: $3.55 billion
  25. Orlando Magic: $3.46 billion
  26. Detroit Pistons: $3.45 billion
  27. Charlotte Hornets: $3.39 billion
  28. Minnesota Timberwolves: $3.29 billion
  29. New Orleans Pelicans: $3.09 billion
  30. Memphis Grizzlies: $3.06 billion

As Badenhausen notes, Sportico’s projections are based on a control sale price, rather than limited stake purchases. No NBA franchise saw its majority control change hands in 2024, but that could change in 2025, with control of the Celtics up for sale.

According to Badenhausen, team executives and investors have predicted a sale price ranging from $4.5 billion to $6.5 billion for the Celtics. The final valuation will be determined by a number of factors, including how many bidders are on the mix, what percentage of the team they can buy, and whether current governor Wyc Grousbeck insists on remaining in that role until 2028, which he has indicated is his goal.