Timberwolves Rumors

Forbes Releases 2019 NBA Franchise Valuations

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:

  1. New York Knicks: $4 billion
  2. Los Angeles Lakers: $3.7 billion
  3. Golden State Warriors: $3.5 billion
  4. Chicago Bulls: $2.9 billion
  5. Boston Celtics: $2.8 billion
  6. Brooklyn Nets: $2.35 billion
  7. Houston Rockets: $2.3 billion
  8. Dallas Mavericks: $2.25 billion
  9. Los Angeles Clippers: $2.2 billion
  10. Miami Heat: $1.75 billion
  11. Toronto Raptors: $1.675 billion
  12. Philadelphia 76ers: $1.65 billion
  13. San Antonio Spurs: $1.625 billion
  14. Portland Trail Blazers: $1.6 billion
  15. Sacramento Kings: $1.575 billion
  16. Washington Wizards: $1.55 billion
  17. Phoenix Suns: $1.5 billion
  18. Oklahoma City Thunder: $1.475 billion
  19. Utah Jazz: $1.425 billion
  20. Indiana Pacers: $1.4 billion
  21. Denver Nuggets: $1.375 billion
  22. Milwaukee Bucks: $1.35 billion
  23. Orlando Magic: $1.325 billion
  24. Atlanta Hawks: $1.3 billion
  25. Cleveland Cavaliers: $1.275 billion
  26. Detroit Pistons: $1.27 billion
  27. Minnesota Timberwolves: $1.26 billion
  28. Charlotte Hornets: $1.25 billion
  29. New Orleans Pelicans: $1.22 billion
  30. Memphis Grizzlies: $1.2 billion

The Sixers are this year’s big riser, moving from 21st on the 2018 list to 12th in 2019. Conversely, the Cavaliers fell the most. After losing LeBron James, Cleveland was the only franchise to see its valuation dip from year to year, as it decreased from $1.325 billion (15th) in 2018 to $1.275 billion (25th) in 2019.

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

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

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

Here are several more trade rumors from around the NBA:

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

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

After officially acquiring Rodney Hood in a trade with Cleveland earlier today, the Trail Blazers may not be done dealing, writes Sean Deveney of Sporting News. According to Deveney, some executives around the NBA have suggested that Portland regretted its relative inactivity at last season’s deadline and is more willing to make moves this time around.

Whether the Trail Blazers do anything drastic may hinge on their willingness to move second-year big man Zach Collins, according to Deveney, who says that the team has “resisted inquiries” on Collins so far.

Maurice Harkless is among the Trail Blazers who could be had though, and the team is open to moving its first-round pick as well, per Deveney. Harkless has one more year on his contract after this season, which figures to limit his value — teams like the Knicks and Nets have had interest in him in the past, but won’t want to compromise their 2019 cap flexibility by acquiring him now, Deveney observes.

Here’s more on the Blazers, plus a couple other notes from Deveney on the trade market:

  • Nikola Mirotic (Pelicans), Jeremy Lin (Hawks), Evan Fournier (Magic), and JaMychal Green (Grizzlies) are among the players the Trail Blazers have expressed interest in, sources tell Deveney.
  • Dario Saric‘s production and playing time has dipped since Ryan Saunders took over as the Timberwolves‘ head coach, and Deveney suggests that it wouldn’t be a shock to see Saric back on the trade block in the offseason, or even this week. “He could be had for a decent offer, a first-rounder and a player,” one league executive told Deveney.
  • Deveney reiterates that the Raptors and Rockets are expected to be among the favorites for Wesley Matthews if he’s bought out, as we heard earlier today. The Bucks wouldn’t be among Matthews’ suitors, per Deveney, though Milwaukee hopes to add one more frontcourt piece via trade or free agency.

Randy Wittman Returns In Advisory Role

  • The Timberwolves have hired former head coach Randy Wittman as an advisor to first-year coach Ryan Saunders, Chris Hine of the Minneapolis Star Tribune reports. Saunders was on the Wizards’ staff when Wittman was the head coach there. “He’s an ear for me,” Saunders told Hine. “Another basketball mind to bounce things off of. I’m comfortable with him, known him for a long time.”

NBA Announces All-Star Reserves

The NBA announced today the reserves for the 2019 All-Star Game, releasing the pool of players eligible to be drafted by captains LeBron James and Giannis Antetokounmpo for the contest.

For the Eastern Conference, Washington’s Bradley Beal, Detroit’s Blake Griffin, Toronto’s Kyle Lowry, Philadelphia’s Ben Simmons, Milwaukee’s Khris Middleton and Orlando’s Nikola Vucevic were all selected.

Indiana guard Victor Oladipo was also chosen, but he’ll miss the game due to injury. The NBA could name a replacement for Oladipo, with Eric Bledsoe or D’Angelo Russell among the most likely candidates.

New Orleans’ Anthony Davis, Oklahoma City’s Russell Westbrook, Denver’s Nikola Jokic, Golden State’s Klay Thompson, Portland’s Damian Lillard, San Antonio’s LaMarcus Aldridge and Minnesota’s Karl-Anthony Towns were chosen to represent the Western Conference.

James and Antetokounmpo will draft their respective teams next Thursday, Feb. 7 at 7:00pm ET. The draft will air on TNT and commence just hours after the NBA’s trade deadline. Each captain must first finish selecting from the pool of starters — announced last week — before choosing from this list of reserves.

The All-Star Game is set to take place on Sunday, Feb. 17 at Spectrum Center in Charlotte. The starters for the game were chosen by votes from fans, players and media, while the reserves were selected by the 30 NBA head coaches.

Wolves Sign Isaiah Canaan To 10-Day Deal

Jan. 30: The Wolves have officially inked Canaan to a 10-day deal, the team’s media department announced in a press release.

Jan. 29: The Timberwolves will sign Isaiah Canaan to a 10-day deal, according to Shams Charania of The Athletic (Twitter link). He’s expected to be available for Wednesday’s tilt vs. the Grizzlies.

Minnesota is down a few players with Tyus Jones (ankle) and Jeff Teague (foot) out with injuries. Derrick Rose has joined them on the sidelines for the past two games with an ankle injury of his own, leaving Jerryd Bayless as the only experienced point guard healthy enough to suit up.

Canaan spent time with the Suns in each of the past two seasons, playing 19 games during the 2017/18 season before being waived, and 19 games this season before the team waived him again. In total, he’s played in 224 NBA games over the past six seasons, averaging 8.4 points and 1.9 assists per contest.

Timberwolves Must Decide If They Are Buyers Or Sellers

  • The Timberwolves will have to decide if they are going to be buyers or sellers at the trade deadline. Chris Hine writes for The Star Tribune that such a decision will be tough to make when factoring in team chemistry and the status of their coaches.

Taj Gibson Fined $25,000 For Obscene Gesture

  • Timberwolves veteran Taj Gibson was fined $25,000 for aggressively pursuing and directing an obscene gesture towards a referee, the NBA announced on Friday. Gibson was ejected Thursday after excessively arguing a foul call with official James Williams. “He’s like a big brother,” Gibson said of Williams, according to Chris Hine of the Minneapolis Star Tribune. “You see him every day, you have a relationship, sometimes tempers flare and you kind of lose it a little bit, but you know you mean well. I’ll see him again, but it was just part of the job. It was just one of those times I just lost it.”

NBA Trade Candidate Watch: Northwest Division

Over the course of the 2018/19 NBA season, up until February’s trade deadline, we’re keeping an eye on potential trade candidates from around the NBA, monitoring their value and exploring the likelihood that they’ll be moved. Each of these looks at possible trade candidates focuses on a specific division, as we zero in on three players from that division.

The Timberwolves, Trail Blazers, and Jazz are wild cards, but the Northwest could end up being one of the least active divisions at the trade deadline this season. While the division-leading Nuggets and Thunder hold large trade exceptions and could use reinforcements as they continue their postseason push, they probably lack the financial flexibility and movable assets to do anything too drastic.

Here’s our latest look at a few possible trade candidates from the Northwest…

Anthony Tolliver, F
Minnesota Timberwolves
$5.75MM cap hit; unrestricted free agent in 2019

After falling out of the rotation earlier this season, Tolliver has once again been a regular since Robert Covington went down at the start of January. Still, Tolliver’s 15.3 minutes per game are the fewest he has played since his rookie year, and most of his other numbers are below his career rates too. It’s also not clear whether he’ll continue to see consistent minutes when Covington returns.

I don’t imagine Tolliver plays a major role in Minnesota’s long-term outlook, and he’s not necessarily doing a lot to help the Wolves in the short term — the team has a -5.8 net rating when he plays and a +1.5 rating when he sits. Even if the Wolves want to remain in the playoff hunt on February 7, it might still make sense to send Tolliver, who has an affordable expiring contract, to a team more in need of a player with his skill set.

A stretch four, Tolliver continues to hit three-pointers at a rate (37.9%) that’s in line with his career percentage (37.6%). That could be valuable to a team seeking more shooting from its frontcourt, such as Oklahoma City or Philadelphia.

Maurice Harkless, F
Portland Trail Blazers
$10.84MM cap hit; $11.51MM guaranteed salary for 2019/20; UFA in 2020

Harkless has shown he can be an effective complementary contributor on the wing when he’s healthy, having shot 50.1% from the floor and 37.5% on three-pointers during the two seasons prior to 2018/19. Knee problems have slowed him down over the last year, however, resulting in multiple stints on the shelf so far in ’18/19.

With Portland in need of a big-bodied wing who can be trusted to stay on the court down the stretch and in the postseason, the club should consider dangling Harkless as a trade chip. A trade partner looking ahead to next season could better afford to play it safe with Harkless, making sure he’s fully healthy for 2019/20 — especially if the Trail Blazers were willing to attach another asset in the deal.

A swap like Terrence Ross for Harkless and a draft pick makes some sense to me, though Orlando may be reluctant to pull the trigger on any trades that weaken this season’s roster, and the Blazers may want to target a player more capable of guarding bigger bodies.

Timothe Luwawu-Cabarrot, G/F
Oklahoma City Thunder
$1.54MM cap hit; UFA in 2019

The Thunder currently have an open spot on their 15-man roster. In fact, that spot has been open all season, by design. With the NBA’s most expensive roster, Oklahoma City won’t add another salary to its books and increase its projected tax bill unless the team badly needs reinforcements.

Rather than filling that 15th spot, the Thunder might actually look to reduce their roster count prior to the February 7 deadline. Trading Luwawu-Cabarrot and his $1.54MM cap hit in a money-saving deal similar to the ones Houston has made with Chicago would make some sense for OKC, since TLC doesn’t have a role for the team (he has played 11 total minutes since the start of December) and will be an unrestricted free agent at season’s end.

The Thunder aren’t allowed to stay at 13 players all season, but with Luwawu-Cabarrot off the books, they could carry 13 players for up to two weeks at a time, and could potentially address the 14th spot using 10-day contracts or a rest-of-season deal for a veteran on the buyout market. Taking that route would save Oklahoma City a little money and would potentially allow the club to add a player that has a better chance of contributing in the postseason.

Previously:

Photo courtesy of USA Today Sports Images.

Northwest Notes: Wolves, Nuggets, IT, Rubio

It’s possible that the Timberwolves will stand pat at the trade deadline as they look to push for a playoff spot in the West, but doing so would mean forgoing an opportunity to “leverage existing assets for future gains,” writes Britt Robson of The Athletic. As Robson points out, unless the Wolves have a plan for how to re-sign and incorporate veterans like Derrick Rose, Anthony Tolliver, and Taj Gibson, who are on expiring contracts, it might make sense to explore the trade market for possible deals.

Elsewhere in the Northwest, the Nuggets are another team whose trade deadline outlook remains cloudy, as Nick Kosmider of The Athletic details. The odds of Denver making a major move appear slim, but the club has a number of trade exceptions at its disposal that could be used to acquire a rotation player – perhaps a Wayne Ellington type – without going into the tax. Of course, with Isaiah Thomas potentially on track to return down the stretch, the Nuggets may simply view IT as their de facto deadline acquisition, Kosmider notes.

Here are a few more notes from around the Northwest:

  • Speaking of Isaiah Thomas, after a weekend report suggested that the Nuggets were optimistic the point guard would make his debut with the team before the All-Star break, head coach Mike Malone pushed back on the idea that there’s a set timeline, per Sean Keeler of The Denver Post. “Don’t believe everything you read,” Malone said. “I don’t know where these leaks come from, but (with) Isaiah, there’s no timeline. There’s nothing (that has) been set about February, this, that or the other thing. You’ll see him when he’s ready to play.”
  • Plagued by injuries at the point guard spot so far in 2019, the Jazz got a boost when Ricky Rubio returned to the rotation on Monday, writes Eric Walden of The Salt Lake Tribune. Dante Exum and Raul Neto remain sidelined, likely until at least next week, but Utah has made a nice run while short-handed, winning eight of 10 games to move into playoff position in the West.
  • Derrick Rose played a big part in helping Karl-Anthony Towns get through the Jimmy Butler “mess” earlier in the season, according to Kentucky’s John Calipari, who coached Towns for one season in 2014/15. According to ESPN’s Jackie MacMullan, Timberwolves team members say that Towns’ locker room presence receded as Butler became more frustrated and unhappy during his final days in Minnesota. “There was a dogfight, and Karl’s not one to get into that. So, he stepped back,” Calipari said. “Things happen. There are power struggles all the time in [the NBA]. If a guy can bully you, he will bully you. And that’s what Jimmy did to Karl. C’mon, that’s the league.”