- Timberwolves guard Mike Conley will enter unrestricted free agency following this season. Conley has been a key figure in Minnesota’s blazing start, averaging 11.5 points and 6.2 assists, and there’s early optimism among league figures that he’ll re-sign with Minnesota, according to Jake Fischer of Yahoo Sports. Conley, who entered the league in 2007, will turn 37 prior to next season.
At 21-9, the Thunder are currently the second seed in a deep Western Conference. The team’s excellence is in part a credit to the ongoing greatness of its Big Three, as Joel Lorenzi The Oklahoman details.
Oklahoma City’s triumvirate of top-tier talent is made up of All-Star point guard Shai Gilgeous-Alexander, rookie center Chet Holmgren, and power forward Jalen Williams. Williams put on an offensive masterpiece in a 129-120 win against the Knicks Wednesday, scoring a career-most 36 points.
“He just gets more comfortable — every game, every week — with his reps,” Gilgeous-Alexander raved of the second-year forward. “Biggest thing with him was just him being aggressive early in his career. He’s starting to get around to that and trust his work.”
Williams also noted that his two-man game with Holmgren is improving by leaps and bounds.
“We’re trusting each other a lot more than we had been earlier in the year,” Williams said.
There’s more out of the Northwest Division:
- Although the Timberwolves are current a Western Conference-leading 24-7, head coach Chris Finch is convinced the team still needs to improve its scoring attack, according to Jon Krawczynski of The Athletic. “There’s a lot of ways to be immature,” Finch said. “And generally, this team has been very mature. But we’ve got to grow up offensively. It’s time.”
- After suffering a dog attack on Christmas night that left him with hand and face lacerations, Nuggets forward Aaron Gordon is set to return to the team, informing Bennett Durando of The Denver Post (Twitter link) that he will be able to play on Monday against the Hornets. His own Rottweiler is the dog responsible for biting him on Christmas, Gordon reveals. “He’s a good boy,” Gordon claimed. Prior to the news, reserve point guard Reggie Jackson indicated that Gordon was more focused on the reigning champs’ progress this season than his own recovery, per Harrison Wind of DNVR Sports. “Aaron’s still concerned about the team,” Jackson said. “He wants to be back with the group, but we just want what’s best for him.”
- With three wins in their past four road games, the Jazz are in an improved headspace, in the view of head coach Will Hardy, writes Aaron Falk of The Salt Lake Tribune. “Overall, it’s been a good road trip,” Hardy said. “We’ve been playing much better basketball the last three weeks than the beginning of the season… I do think our team is trending in the right direction.”
Marc Lore and Alex Rodriguez will exercise their option to become controlling owners of the Timberwolves, tweets ESPN’s Adrian Wojnarowski. They have a December 31 deadline to make the move, but sources tell Wojnarowski it could happen by today.
The option will give Lore and Rodriguez an additional 40% of the franchise, making them majority owners with an 80% stake by the early part of 2024, Woj adds (Twitter link). The purchase, which still must be approved by the NBA’s Board of Governors, values the team at $1.5 billion.
This will mark the third payment for the new owners, who made their second installment in March. They currently own 40% in their succession plan to take over the Wolves and the WNBA’s Minnesota Lynx from current owner Glen Taylor.
Gore and Rodriguez began buying into the Timberwolves in 2021, making their first payment that summer. There have been rumors throughout the process that they might not have the financial equity to complete the deal, but they have made every payment according to schedule.
A report last month said the duo was negotiating with the Carlyle Group, a private equity firm, to provide help with financing.
Timberwolves point guard Mike Conley is feeling revitalized at age 36 as a leader for the team with the West’s best record, writes Jon Krawczynski of The Athletic.
“You see it, not only with his approach but his ability to make huge plays, whether it be a steal in transition, obviously the threes, get the ball to the right people at the right time, close the game, quarterback the defense,” head coach Chris Finch said. “On and on it goes.”
“This is probably the best shape I’ve been in, in a long, long time,” Conley said. “I’m prepared to play however long I need to play. I tell [Finch] if I get tired, but I never do that. I want to be on the court as much as I can and help the guys, so we just keep communicating, and hopefully I can just keep going.”
The six-footer is averaging 11.5 PPG on .464/.445/.952 shooting, along with 6.3 APG and 2.9 RPG. Conley is in the final season of a three-year, $68MM million deal he signed when still with the Jazz. He’ll reach unrestricted free agency this summer, and if he can keep playing like this, he may still have more solid salaries waiting for him.
“I’ve still got it,” Conley said. “My age doesn’t matter, man. I’m still moving good, so I’m happy.”
There’s more out of the Northwest Division:
- A trio of former Thunder stars offered high praise for Oklahoma City’s upstart young club and fanbase, following an up-close-and-personal encounter this week, writes Justin Martinez of The Oklahoman. Clippers stars Russell Westbrook, James Harden and Paul George, who all had multiple successful seasons with the Thunder, fell 134-115 in Oklahoma City on Thursday. “This reminded me of when I was here in the beginning of the Thunder Up days,” Harden said. “And it’s beautiful. It’s been a long time as far as the rebuilding process, but I think it’s exciting. These fans deserve some good basketball.” Harden was drafted by the Thunder in 2009, and was flipped in 2012 to the Rockets. George spent 2017-19 with Oklahoma City, alongside Westbrook. And while he only spent two seasons with the Thunder, he developed a strong connection with the community. He had high praise for Thunder center Chet Holmgren. “He’s a talent,” George said. “We didn’t quite figure it out because he’s not necessarily a big. He can play and move like a guard and a wing, so he gave us some problems.” Westbrook was drafted by the Thunder in 2008, and played there until 2019, winning an MVP in 2017. “It’s like home for me,” Westbrook said. “I grew up here… I’m grateful and gracious for their appreciation of the way I play basketball and the way I compete.”
- The Nuggets, much vaunted for their offense, have seen their efforts on the other end of the ball come to the fore of late, as Bennett Durando of The Denver Post details. In the second half of an eventual 102-95 win over the Hornets, Denver outscored Charlotte 17-0 to start the third frame, while the Hornets went 0-for-20 from the field at the opening of the quarter. “We wanted to win tonight because of our defense, not our offense,” defense-first power forward Aaron Gordon said.
- Nuggets sixth man Reggie Jackson, who was a high school legend at nearby Palmer High School, is reveling in his pro time with Denver, Durando writes in another piece. A big element of his time in town now has been his ability to reconnect with old friends and teammates. “That’s the best part of being back,” Jackson said. “If I have the urge to go see somebody, I can just go drive down there. Getting to see my childhood friends, their families grow, and getting to experience that and actually be around. Being gone so long in the NBA, it’s fun to finally have these moments and be close to them. I’m happy to be back home.”
Fifth-year wing Cody Martin was unfortunately limited to seven games last season following left knee surgery, and he has yet to play in 2023/24. However, he could make his season debut on Saturday against Denver, as the Hornets have officially listed him as questionable (Twitter link).
As Rod Boone of The Charlotte Observer tweets, Martin’s last appearance was on January 14, so it’s been 11-plus months since he suited up. Second-year center Mark Williams (low back contusion) seems likely to miss his seventh straight game though, as he’s doubtful for Saturday’s contest.
Here are a few more injury notes from around the NBA:
- After sustaining a left ankle sprain on Wednesday against Sacramento, Celtics center Kristaps Porzingis has been ruled out for Saturday’s contest vs. the Clippers, tweets Jared Weiss of The Athletic. Jayson Tatum, who missed his first game on Wednesday, is questionable with the same injury as Porzingis. Adam Himmselsbach of The Boston Globe speculates (via Twitter) that Porzingis won’t be sidelined for very long, as he spotted the Latvian big man carrying his own massage table at the team’s hotel on Friday.
- Timberwolves forward/center Karl-Anthony Towns (left knee soreness) is out for Saturday’s contest in Sacramento, the team announced (via Twitter). However, Towns’ absence is only “precautionary,” according to Jon Krawczynski of The Athletic, who reports that the big man isn’t expected to miss extended time (Twitter link).
- Cavaliers guard Donovan Mitchell will miss his third consecutive game on Saturday due to an illness, while Sam Merrill is questionable for the matchup with Chicago with a right wrist sprain, per Chris Fedor of Cleveland.com.
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.
It’s a little too early in the season to project 2023/24 award winners, but Nuggets forward Aaron Gordon told reporters after Monday’s win over Dallas that Reggie Jackson deserves serious consideration for Sixth Man of the Year honors (Twitter video link via DNVR Sports).
Jackson, who has technically started 14 of 28 games so far due to Jamal Murray‘s injury, didn’t play regular minutes during Denver’s championship run in the spring, but he has emerged as a key rotation player this season. He has averaged 13.6 points and 4.5 assists per night with shooting percentages (.495 FG%, .407 3PT%) well above his career rates.
The veteran guard has been “huge for us,” according to Gordon, who wanted to make sure to get Jackson’s name into the Sixth Man conversation.
“He has to be in the running,” Gordon said. “I know being in Denver you don’t get a lot of pub, you don’t get a lot of media nods as far as the All-Star team, All-Defensive team, MVPs, and Sixth Man of the Year. But Reggie is arguably the Sixth Man of the Year in the NBA right now.”
Here’s more from around the Northwest:
- Sam Presti has referenced the Thunder‘s losing record last season and has tempered expectations for the team in the short term, suggesting that Oklahoma City won’t be in any rush to add win-now reinforcements to its roster. However, appearing on SiriusXM NBA Radio (Twitter audio link), Jake Fischer of Yahoo Sports says some people around the league are skeptical of that claim and expect Presti’s front office to be active in the coming weeks. The Thunder have an air of unpredictability about them, according to Rylan Stiles of Thunderous Intentions, who says it wouldn’t be surprising to see the club go in any direction at the trade deadline.
- Rookie Jazz guard Keyonte George has missed the past three games due to left foot inflammation, but he’s progressing toward a return. As Andy Larsen of The Salt Lake Tribune relays (via Twitter), George is now traveling with the team and participating in on-court activities.
- The bond that Karl-Anthony Towns and Anthony Edwards are building is one that the Timberwolves previously envisioned Towns having with Jimmy Butler, writes Jon Krawczynski of The Athletic. The Butler era in Minnesota crashed and burned in dramatic fashion five years ago, but Towns and Edwards have always respected each other’s skill sets and have had one another’s backs, as Krawczynski details.
The Timberwolves are truly gelling this season, and it all starts with their defense, writes Dan Devine of Yahoo Sports.
After a very bumpy 2022/23 season, Minnesota has looked like an altogether different team thus far in 2023/24. At 20-5, the club is currently the No. 1 seed in the Western Conference alone, three games ahead of the No. 2 Thunder.
Devine writes that the Timberwolves currently lead the NBA in points permitted per possession, and also boast the one of best defenses of the young century.
The Wolves’ length and size helps them stand apart on that end, thanks to its fearsome frontcourt tandem of Rudy Gobert and Karl-Anthony Towns, plus its size on the wing with All-Star shooting guard Anthony Edwards and small forward Jaden McDaniels.
There’s more out of the Northwest:
- Following a 127-109 loss to Minnesota on Saturday, Pacers head coach Rick Carlisle was struck by the Timberwolves’ sheer ability, per Jon Krawczynski of The Athletic. “This is one of the best teams on the planet,” Carlisle reflected postgame. “These guys have really got it going here. The building is alive, the environment is way different than it used to be.”
- Combo guard Collin Sexton remains a critical energy player for the Jazz this season, writes Sarah Todd of The Deseret News. His enthusiasm appears to be a big part of his charm, according to Utah head coach Will Hardy. “I love Collin to death,” Hardy said. “His intensity, his passion, his want to win, his energy is infectious… Collin’s a very endearing person.” Through 26 contests, mostly as a reserve, Sexton is averaging 14.3 PPG on .474/.333/.884 shooting splits, along with 3.3 APG and 2.7 RPG.
- Second-year Thunder forward Jalen Williams has carved out a significant role on Oklahoma City’s new “big three” alongside All-Star point guard Shai Gilgeous-Alexander and Rookie of the Year frontrunner Chet Holmgren, writes Joel Lorenzi of The Oklahoman. Williams is emerging as a secondary play-maker as well, and figuring out how best to work in tandem with Gilgeous-Alexander and Holmgren. “I think the biggest thing for me is just realizing what spots I’m in on a consistent basis and trying to rep those out continuously over this past summer,” Williams said. “And even now I feel like I also treat games like the most live reps you can get.”
The Warriors nearly blew another double-digit lead on Saturday against Brooklyn, but they pulled out a “much-needed” victory behind the brilliance of two-time MVP Stephen Curry, writes Kendra Andrews of ESPN. Curry, who finished with 37 points, went 7-of-7 from the field in the fourth quarter for 16 points, including 10 during a stretch of one minute and 40 seconds.
“Steph has had to carry this team, let’s be honest,” head coach Steve Kerr said. “And then the Draymond (Green) news, he was emotionally spent the last few days. And it was a slow start tonight. Then, as he’s done so often, he flipped the switch. You can kind of see when it happens right away. And he was incredible.”
Here’s more on the Warriors:
- While Green is “ultimately to blame” for the long line of incidents that led to his indefinite suspension, he’s not the only one who bears responsibility, according to Jim Trotter of The Athletic, who argues that Kerr and the Warriors put “winning ahead of accountability” and “pacified” Green instead of punishing him, which played a role in his repeated misconduct. Trotter points to Kerr’s comments regarding Green’s lengthy history of ejections and suspensions leading up to the punch of Jordan Poole as evidence that Kerr continues to minimize the behavior. “Everything before that, over a decade of play, what are we really talking about? We’re talking about getting ejected for yelling at the ref or throwing a ball,” Kerr said with a shrug (video link).
- Green was suspended for five games earlier this season for putting Timberwolves center Rudy Gobert in a headlock for several seconds, and the two have a contentious relationship. But Gobert said he has “empathy” for Green after he was suspended indefinitely. “I have empathy for him,” Gobert told Tim MacMahon of ESPN. “You see somebody that’s not well inside and suffering. You take away the game and all that, and you want somebody to be well and be able to do what we do every night and compete and be happy.”
- Golden State currently holds an 11-14 record, trailing Phoenix by two games for the final play-in spot in the Western Conference. Speaking to Tim Kawakami of The Athletic, general manager Mike Dunleavy Jr. said he still thinks the roster has championship upside. “Yeah, I do; I do believe this whole roster does, as the way it was designed,” Dunleavy said. “We certainly believed that, whatever it was, eight weeks ago, when we started the season. Some things haven’t broken our way. But these things change quickly. We get everybody rowing in the right direction, I think it’s doable. But hey, six weeks from now, the (Feb. 8) trade deadline, maybe something comes up that makes more sense and we do something. But this is a group that the core guys have been there are capable of doing it.”
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:
- Golden State Warriors: $8.28 billion
- New York Knicks: $7.43 billion
- Los Angeles Lakers: $7.34 billion
- Boston Celtics: $5.12 billion
- Chicago Bulls: $4.83 billion
- Los Angeles Clippers: $4.56 billion
- Miami Heat: $4.17 billion
- Philadelphia 76ers: $4.13 billion
- Toronto Raptors: $4.11 billion
- Houston Rockets: $4.05 billion
- Dallas Mavericks: $4.03 billion
- Phoenix Suns: $4 billion
- Brooklyn Nets: $3.98 billion
- Sacramento Kings: $3.46 billion
- Denver Nuggets: $3.4 billion
- Atlanta Hawks: $3.35 billion
- Washington Wizards: $3.33 billion
- San Antonio Spurs: $3.29 billion
- Portland Trail Blazers: $3.28 billion
- Indiana Pacers: $3.27 billion
- Utah Jazz: $3.24 billion
- Cleveland Cavaliers: $3.22 billion
- Milwaukee Bucks: $3.2 billion
- Orlando Magic: $3.12 billion
- Detroit Pistons: $3.1 billion
- Oklahoma City Thunder: $3.08 billion
- Charlotte Hornets: $3 billion
- Minnesota Timberwolves: $2.94 billion
- Memphis Grizzlies: $2.82 billion
- 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 Mavericks‘ reported 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.