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Forbes Releases 2020 NBA Franchise Valuations

February 11th, 2020 at 11:44am CST by Luke Adams

The Knicks have had a miserable 12 months, finishing the 2018/19 season with a league-worst 17 wins, missing out on their top free agent targets, and then firing head coach David Fizdale and president of basketball operations Steve Mills during the 2019/20 season.

None of that seems to have had a noticeable impact on the team’s market value though. Once again, the franchise is considered the most valuable of any of the NBA’s 30 clubs, according to a report from Kurt Badenhausen of Forbes. The Lakers and Warriors aren’t far behind, having both surpassed the $4 billion mark for the first time this year.

For the first time, all 30 NBA teams have a perceived worth of $1.3 billion or more, per Forbes’ annual report. Every team’s value increased by at least 6% since Forbes put out their 2019 valuations last February, with a handful of franchises jumping by 20% or more.

The NBA-wide average of $2.12 billion per team in 2020 is also a new record — that league-wide average surpassed the $2 billion mark for the first time. NBA franchise values are up almost sixfold over the last decade, according to Badenhausen.

Here’s the full list of NBA franchise valuations, per Forbes:

  1. New York Knicks: $4.6 billion
  2. Los Angeles Lakers: $4.4 billion
  3. Golden State Warriors: $4.3 billion
  4. Chicago Bulls: $3.2 billion
  5. Boston Celtics: $3.1 billion
  6. Los Angeles Clippers: $2.6 billion
  7. Brooklyn Nets: $2.5 billion
  8. Houston Rockets: $2.475 billion
  9. Dallas Mavericks: $2.4 billion
  10. Toronto Raptors: $2.1 billion
  11. Philadelphia 76ers: $2 billion
  12. Miami Heat: $1.95 billion
  13. Portland Trail Blazers: $1.85 billion
  14. San Antonio Spurs: $1.8 billion
  15. Sacramento Kings: $1.775 billion
  16. Washington Wizards: $1.75 billion
  17. Phoenix Suns: $1.625 billion
  18. Denver Nuggets: $1.6 billion
  19. Milwaukee Bucks: $1.58 billion
  20. Oklahoma City Thunder: $1.575 billion
  21. Utah Jazz: $1.55 billion
  22. Indiana Pacers: $1.525 billion
  23. Atlanta Hawks: $1.52 billion
  24. Cleveland Cavaliers: $1.51 billion
  25. Charlotte Hornets: $1.5 billion
  26. Detroit Pistons: $1.45 billion
  27. Orlando Magic: $1.43 billion
  28. Minnesota Timberwolves: $1.375 billion
  29. New Orleans Pelicans: $1.35 billion
  30. Memphis Grizzlies: $1.3 billion

The Raptors are among this year’s big “winners,” with their value rising 25%, from $1.675 billion a year ago to $2.1 billion this year following their first NBA championship. The Clippers also had a noteworthy bump, moving from ninth place on Forbes’ list to sixth after landing Kawhi Leonard and Paul George last summer.

Although every franchise’s value increased, the Nets had the smallest jump, just 6%. The Magic‘s modest 8% increase resulted in the team slipping from 23rd on last year’s list to 27th this year.

It’s worth noting that when a franchise has been sold in recent years, the price often exceeds Forbes’ valuation, so these figures are just estimates.

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JVG, Thibodeau Being Considered For 2020 Knicks

February 10th, 2020 at 6:57pm CST by Alex Kirschenbaum

Despite interim Knicks head coach Mike Miller leading New York to a solid 13-19 record during his brief tenure with the team, incoming president of basketball operations Leon Rose will reportedly consider some starrier names for his bench during the 2020 offseason.

Tom Thibodeau and Jeff Van Gundy are among the coaches expected to be on the short list for the Knicks’ head coaching job during the 2020/2021 season, according to Marc Berman of the New York Post.

Van Gundy, currently an analyst for ABC and ESPN, last coached the Rockets during the 2006/2007 season. Both are assistants for USA Basketball. Van Gundy, 58, was a Knicks assistant coach from 1989-1996 before taking the reigns as head coach during the 1995/1996 season.

As the Knicks’ head coach, Van Gundy led the team from 1996-2001, compiling a 257-172 record. His biggest success arrived when he took the Knicks to the 1999 NBA Finals, where they lost to the Spurs. Van Gundy was also a successful head coach with the Tracy McGrady/Yao Ming-era Houston Rockets from 2003-2007.

Thibodeau last coached the Timberwolves for part of the 2018/19 season. He also simultaneously served as team president. Thibodeau, 62, served under Van Gundy in New York starting in 1996, and remained as an assistant coach for the Knicks until 2004.

As a head coach, Thibodeau led the Derrick Rose/Joakim Noah-era Chicago Bulls to the Eastern Conference Finals in 2011, and the Timberwolves to their first playoff berth in 13 years circa 2018. He won the NBA’s Coach of the Year award in 2011. As an associate head coach under Doc Rivers, Thibodeau helped the Celtics to the 2008 title. Thibodeau has done some analyst work for ESPN since his 2019 departure from the Timberwolves.

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Scotto’s Latest: Gallinari, Nunn, Pacers, Nuggets, More

February 10th, 2020 at 10:10am CST by Luke Adams

When the Thunder and Heat discussed a potential Danilo Gallinari trade leading up to last week’s deadline, James Johnson, Kelly Olynyk, Kendrick Nunn, and draft compensation were among the various assets that came up in talks, league sources tell Michael Scotto of Bleacher Report. Miami reportedly wanted to extend Gallinari’s contract as part of a deal, but couldn’t agree to terms with his camp, which is one main reason the trade didn’t happen.

ESPN’s Zach Lowe wrote last week that he believed the Heat could’ve acquired Gallinari without surrendering any of their young players like Nunn. So even though his name came up in discussions, that doesn’t necessarily mean the Thunder would have insisted on his inclusion, depending on what other pieces were involved.

While Gallinari remained with the Thunder for this season, Scotto suggests the Heat and Knicks could be among his potential suitors this summer. Miami clearly has interest, and created some cap flexibility for 2020/21 by moving Johnson and Dion Waiters last week. New York, meanwhile, will have cap space and is hiring veteran CAA agent Leon Rose as its new president of basketball operations. Gallinari is a CAA client.

Here are a few more noteworthy tidbits from Scotto’s look at the post-deadline landscape:

  • The Knicks and Pacers discussed a possible Marcus Morris trade. According to Scotto, a package that featured Aaron Holiday, Doug McDermott, and T.J. Leaf was “briefly kicked around,” but didn’t end up going far.
  • McDermott’s name also came up in discussions about a potential Pacers trade with the Bucks involving Ersan Ilyasova, says Scotto. It’s not known which team initiated those talks.
  • Before the Cavaliers traded for Andre Drummond, they called the Pacers to ask about Myles Turner‘s availability, per Scotto. Indiana has remained firm on keeping Turner, though many executives expect the team to eventually break up its Turner/Domantas Sabonis frontcourt.
  • The Nuggets discussed the possibility of trading Gary Harris, Malik Beasley, and Juan Hernangomez as part of a package for Bulls guard Zach LaVine or Pelicans guard Jrue Holiday, sources tell Scotto. New Orleans set a very high asking price for Holiday, while LaVine was said to be “off-limits” for Chicago, so Denver didn’t get far on either front.
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And-Ones: Free Agency, Goodwin, Robinson, Brown

February 9th, 2020 at 7:48pm CST by JD Shaw

An active 2020 trade deadline has likely watered down the free-agent market this summer, a pattern far from the norm after a combined $4 billion was spent on more than 150 players last July, Bobby Marks of ESPN.com explores.

There were a total of 12 trades within the 48-hour window of the trade deadline this year, with high-profile players such as D’Angelo Russell, Andre Drummond, Andrew Wiggins and Clint Capela switching teams.

As Marks notes, the 2020 free agency class is projected to be mediocre for the most part. The Knicks could have upwards of $50MM to spend (though they’ll likely wait until the following summer for stronger talent), with the Hawks, Pistons, Hornets, Suns, and Heat also set to have north of $20MM.

Beyond Anthony Davis, some of the top unrestricted free agents this summer include Fred VanVleet, Montrezl Harrell, Danilo Gallinari and Serge Ibaka. Drummond ($28.7MM), DeMar DeRozan ($27.7MM) and Evan Fournier ($17MM) all have player options in their contracts, while Brandon Ingram and Bogdan Bogdanovic are set to enter restricted free agency.

Here are some other odds and ends from around the basketball world:

  • Free agent guard Archie Goodwin has signed in Germany with Ratiopharm Ulm, the team announced, as relayed by Sportando. Goodwin, 25, holds NBA experience with the Suns, Pelicans and Nets, most recently playing in Turkey. Goodwin was drafted with the No. 29 overall pick by Oklahoma City back in 2013.
  • Former NBA forward Thomas Robinson has signed in Russia with BC Khimki, the team announced on social media. Robinson signed a one-month deal with an extension until the end of the season. The 28-year-old has played for Sacramento, Houston, Portland, Philadelphia, Brooklyn and Los Angeles across his professional career, spending time with the Spurs during summer league in 2019.
  • Warriors associate head coach Mike Brown has agreed to be the head coach of the Nigerian men’s basketball team, according to Marc J. Spears of ESPN’s The Undefeated (Twitter link). Brown will coach Nigeria during the 2020 Tokyo Olympics this summer, with Nigeria BB president Musa Kida reportedly looking for a high-profile coach that holds NBA experience.
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Bobby Portis Uninterested In Knicks Buyout

February 9th, 2020 at 1:23pm CST by Alex Kirschenbaum

Backup Knicks big man Bobby Portis told a scrum of reporters today that he does not want to lose one cent of the two-year, $30.75MM contract he signed with New York last summer, according to Marc Berman of the New York Post.

The Knicks have a team option on the $15.75MM second season of the deal, and with Leon Rose and Scott Perry now calling the shots in Manhattan, the team may not exercise the option, effectively making Portis a free agent in 2020.

“I’m 24 years old,” Portis told reporters, despite his disappointing Knicks season. “I’m not doing a buyout. I’ll make as much money as I can for my family. (I’m) 24. Not even thinking about a buyout at 24. I’ll probably set a record as [the] first guy to do a buyout at 24. It’s just not even in the equation.”

For the record, Portis turns 25 tomorrow. Make of that what you will.

Portis’ fellow Knicks veteran, shooting guard Wayne Ellington, is considering a buyout request from the two-year, $16MM contract he signed with New York last summer. Only $1MM of Elllington’s $8MM salary next season is guaranteed.

Portis is averaging 9.4 points, 5.2 boards, and a -2.2 box plus-minus across his 53 games played for New York this season. Chicago drafted the jump-shooting Knicks power forward/center with the No. 22 pick out of Arkansas in 2015, before eventually trading him to the Wizards at the 2019 trade deadline. He was one of several big men to sign with New York last summer.

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NBA G League Assignments/Recalls: 2/8/20

February 8th, 2020 at 9:02pm CST by Arthur Hill

Here are Saturday’s G League assignments and recalls from around the league:

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Wayne Ellington Considers Buyout With Knicks

February 8th, 2020 at 8:15pm CST by Arthur Hill

Wayne Ellington is talking to his agent, Mark Bartlestein, about working out a buyout deal with the Knicks, according to Marc Berman of The New York Post.

The 32-year-old shooting guard has appeared in just 25 games after signing as a free agent over the summer.  His $8MM salary for next season is partially guaranteed for just $1MM, so his days in New York appear numbered.

“There will be a decision to make,’’ Ellington said at today’s shootaround. “I’m just listening to my agent at this point. I come in here, come into work every single day like it’s a normal day. Listen and get advice and take it from there.’’

The Knicks are expected to accommodate Ellington if he decides he wants out, Berman adds. Ellington’s playing time has been cut significantly since Mike Miller took over as interim head coach and Reggie Bullock returned from injury. The team showcased him a little bit on Thursday against the Magic, and Ellington responded with 12 points in 18 minutes.

Berman suggests the Lakers, who Ellington spent the 2014/15 season with, could have some interest.

“There’s a lot of stuff out there,’’ Ellington said. “There’s a lot of different things floating around for options. It’s part of the business. It’s part of the game. There’s nothing imminent right now. There’s nothing for sure. I’m going to keep pushing forward. We won three games in a row, try to keep that going.’’

Berman shares a few more buyout tidbits in his story:

  • The Knicks could have obtained rookies Terance Mann and Mfiondu Kabengele along with Maurice Harkless in Thursday’s trade that sent Marcus Morris to the Clippers, but they opted for Harkless and a package of draft picks because they wanted to avoid waiving players right away. New York has a full 15-man roster and would have needed to open two spots before the deal could have been finalized. Berman suggests that management is either counting on saving money with buyouts or just wants the veterans to stay for leadership.
  • Bobby Portis, another Bartlestein client, is also a buyout candidate. The Knicks have a $15.75MM team option next season on Portis, who was reportedly included in a trade offer to the Warriors for D’Angelo Russell.
  • Buying out Ellington would give the Knicks a better chance to evaluate Damyean Dotson before he enters free agency this summer.
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23 Trade Exceptions Generated In Deadline Deals

February 8th, 2020 at 2:41pm CST by Luke Adams

As we explain in our glossary entry on the NBA’s trade rules, teams that complete a “non-simultaneous” deal can create what’s called a traded player exception. These are salary cap exceptions a team can use anytime during the following calendar year to acquire one or more players whose salaries are no greater than the amount of that exception (plus $100K).

A number of the traded player exceptions created at the 2019 trade deadline expired this week without being used, but nearly two dozen new TPEs were generated as a result of the trades completed at this year’s deadline. They’ll expire next February, so they could be used during the offseason or sometime next season.

The full list of traded player exceptions created this week is below, sorted by amount. The player whose departure helped generate the TPE is noted in parentheses. The full list of available trade exceptions can be found right here.

In addition to the traded player exceptions from the deals completed on February 6, this list includes the exceptions created on February 5 in the four-team trade involving the Hawks, Timberwolves, Rockets, and Nuggets.

It doesn’t include trade exceptions generated in deals earlier this season, such as the $7,069,662 TPE the Trail Blazers got when they sent Kent Bazemore to Sacramento in a five-player trade. Again, the full list of current TPEs can be found here.

If you have any questions or corrections, please let me know in the comment section below.

Salary information from Basketball Insiders and Early Bird Rights was used in the creation of this post.

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Knicks Notes: Monk, DSJ, D-Lo, Rose, Payton, More

February 7th, 2020 at 3:21pm CST by Luke Adams

Before Steve Mills was removed from his position as the Knicks‘ president of basketball operations, there was some internal support for a potential trade with the Hornets that would have sent Malik Monk to New York, according to Ian Begley of SNY.tv.

Begley notes that Dennis Smith Jr. would’ve gone to Charlotte in the deal, though it’s not clear what other pieces would have been involved on either side. Both Smith and Monk were prospects the Knicks passed over in the 2017 draft for Frank Ntilikina.

Within his roundup of the Knicks’ deadline discussions, Begley also says that before Mills’ departure, there were members of the organization that felt as if they’d made “significant progress” toward a D’Angelo Russell trade with the Warriors.

We don’t know exactly how those talks played out, so it’s hard to say whether that confidence was warranted. But for what it’s worth, Sam Amick of The Athletic reported on Wednesday that none of New York’s offers had been “even remotely appealing” to Golden State. One of the Knicks’ proposals included Bobby Portis, Allonzo Trier, Ntilikina, and presumably some form of draft compensation, sources tell Begley.

Here’s more on the Knicks:

  • Marc Berman of The New York Post takes a look at the Knicks’ impending hire of agent Leon Rose as their new head of basketball operations, citing one NBA executive who said, “MSG and CAA have been in bed for years. This shouldn’t be surprising.”
  • Berman notes in his article on Rose that the veteran agent is tight with Kentucky head coach John Calipari. However, Calipari said today that he has no plans to become the Knicks’ next coach, according to Kyle Tucker of The Athletic (Twitter link). Calipari said he’d help Rose in any way he can — “It just wouldn’t be to coach.”
  • One decision Rose will face this summer will be on Elfrid Payton‘s $8MM non-guaranteed salary for 2020/21. Berman examines the factors that will go into that decision, pointing out that Payton is a CAA client.
  • In an interview on Showtime’s “All the Smoke,” Kevin Durant was once again asked about his free agency decision last summer. As Brian Lewis of The New York Post details, Durant replied that he didn’t seriously consider any teams beside the Nets. “I looked at other places — the Clippers, I took a peek at the Knicks just to do my due diligence — but I really wanted to play for the black and white,” Durant said.
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Pistons Trade Andre Drummond To Cavaliers

February 6th, 2020 at 9:21pm CST by Dana Gauruder

9:21pm: It’s a done deal, with the Cavaliers and Pistons both issuing press releases to confirm the trade. Detroit announced in a separate release that, as expected, Frazier has been waived to make room on the roster for the incoming players.

1:19pm: The Cavaliers are finalizing a trade with the Pistons that will see them acquire center Andre Drummond, a league source tells ESPN’s Adrian Wojnarowski (Twitter link).

According to Kevin O’Connor of The Ringer (via Twitter), Detroit will receive Brandon Knight and John Henson, both of whom are on expiring contracts. Cleveland will also send the Pistons a second-round pick, per O’Connor.

The pick will be the lesser of Cleveland’s 2023 own pick or the 2023 second-rounder Golden State owes the Cavaliers, Chris Fedor of Cleveland.com tweets.

Drummond, the league’s premier rebounder, holds a $28.75MM option on his contract for next season and he’s expected to opt out and test a weak free agent market. The Pistons reportedly were prepared to retain Drummond after talks with the Hawks and Knicks fell through but ultimately decided to move on and go into rebuild mode. Detroit was looking for a first-round pick for Drummond but settled on the second-rounder, along with those expiring contracts.

The modest haul for Drummond was surprising but Detroit’s front office wanted to avoid the possibility of Drummond opting in, O’Connor adds in another tweet. It also gives Cleveland the opportunity to see how Drummond meshes with the young backcourt of  Collin Sexton and Darius Garland.

The Pistons will now have approximately $35MM in cap space this summer, Bobby Marks of ESPN tweets. Cleveland will be close to the cap if Drummond opts in or re-signs with the starting salary in the $29-$30MM range, Marks adds.

Knight is making approximately $15.64MM and Henson has a $9.73MM contract, so the Pistons will shave some money off this year’s cap. They were perilously close to the luxury tax line prior to the proposed deal. Detroit was less than $4,000 under the tax line but moves to $1.7MM under the threshold via this trade, according to Marks (Twitter link).

Drummond has a $857K trade bonus that will be applied to his $27.1MM cap hit for this season, Marks relays in another tweet. Drummond, who has spent his whole career with Pistons since being chosen in the 2012 lottery, is averaging 17.8 PPG and an NBA-best 15.8 RPG this season.

The Pistons will have to open up a roster spot before making the trade official since it is at the 15-man limit. It’s likely that Tim Frazier, who has served as the No. 3 point guard behind Derrick Rose and Reggie Jackson, will be waived unless Detroit makes another trade, Vince Ellis of the Detroit Free Press tweets.

Photo courtesy of USA Today Sports Images.

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