Knicks Rumors

Knicks Notes: Kanter, Smith Jr., Porzingis, Valuation

If the Knicks can’t trade center Enes Kanter, buyout talks will begin as soon as the 3pm Eastern deadine passes tomorrow, tweets Adrian Wojnarowski of ESPN. Kanter, who has been unhappy with his reduced playing time, exercised his player option last summer and returned to New York on an $18.6MM expiring deal. It’s not clear how much of the remaining amount of that salary the Knicks would want him to give up to become a free agent.

Kanter has been upset with his role for much of the season, but his playing time has nosedived in recent weeks and he has drawn a DNP-CD in six of the team’s last eight games. With newly acquired center DeAndre Jordan moving into the starting lineup, there’s little hope for Kanter to ever rejoin the rotation. He has remained productive when he has been on the court, averaging 14.0 points and 10.5 rebounds in 44 games.

There’s more from New York City:

  • Dennis Smith Jr. is enjoying the freedom he has with the Knicks after a year and a half of playing for the Mavericks, writes Marc Berman of The New York Post. Smith played 40 minutes last night and welcomes the chance to be freed from the micro-management of Rick Carlisle in Dallas. “I definitely feel free playing here. I love it,” Smith said. “I love going out and playing now. (Coach David Fizdale) gives that freedom to everybody on the team. I feel whenever you do that, you get guys playing hard at both ends.” Smith thought he was headed to New York after Orlando bypassed him with the sixth pick in the 2017 draft. However, the Knicks opted for Frank Ntilikina at No. 7, and Smith was taken by Dallas with the eighth pick.
  • Kristaps Porzingis‘ brother, Janis, wanted a role with the organization and was seeking jobs for entourage members, Berman adds in a separate story. Janis Porzingis also staged his brother’s missed exit meeting in 2017 and insisted that the ACL surgery be performed in Madrid.
  • Today’s franchise valuations from Forbes show that the Knicks don’t have to build a winner to turn a profit, points out Stefan Bondy of The New York Daily News. Even though the team hasn’t been competitive for years, its value rose by 11%, reaching the $4 billion mark. Owner James Dolan said recently he believes he could get $5 billion if he ever decided to sell the team.

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.

O’Connor’s Latest: Gasol, Conley, OKC, Prince, More

As we relayed earlier today, Kevin O’Connor of The Ringer hears that the Hornets‘ offer for Grizzlies center Marc Gasol is Bismack Biyombo, Michael Kidd-Gilchrist, and a protected first-round pick. That would be an underwhelming return for Gasol, but there hasn’t been much league-wide interest in the 34-year-old, O’Connor writes.

The Kings and Pistons were among the teams potentially in the mix for Gasol, according to O’Connor, but Memphis didn’t have any interest in Detroit center Andre Drummond and Sacramento was unwilling to part with promising young wing Bogdan Bogdanovic, whom the Grizzlies wanted.

The Raptors reportedly explored a potential Gasol deal, initially attempting to come up with an individual trade for one Grizzlies veteran before turning it into a package for both Gasol and Mike Conley, O’Connor writes. However, those talks didn’t advance and league sources tell The Ringer that it’s unlikely Toronto ends up with Gasol or Conley.

Elsewhere on the Conley front, the Jazz continue to make a strong push, with an offer that includes Ricky Rubio, Derrick Favors, and a first-round pick, per O’Connor. The sense around the NBA is that the Grizzlies won’t settle for a modest return for Conley, which is something we heard in relation to the Pistons’ offer earlier today.

O’Connor’s latest piece for The Ringer features several more trade-related tidbits, so we’ll round them up here…

  • The Thunder are believed to be among the teams with interest in Cavaliers guard Alec Burks, league sources tell O’Connor. However, Burks wouldn’t fit into OKC’s $10.88MM trade exception. The Thunder, along with the Sixers and Trail Blazers, have expressed interest in Hawks wing Taurean Prince, O’Connor adds.
  • Following up on his report from last week about the Rockets and Grizzlies discussing a Brandon Knight trade, O’Connor suggests that Marquese Chriss and a first-round pick would also go to Memphis in that proposed deal. Houston would be targeting JaMychal Green and Garrett Temple in the swap, though it remains in the discussion stage for now.
  • The Kings have made calls about veteran forwards Harrison Barnes (Mavericks) and Otto Porter (Wizards) but have found no traction on a Porter deal, writes O’Connor.
  • While DeAndre Jordan looks like an obvious trade candidate, it wouldn’t be a major surprise if the Knicks keep him around as a potential recruiter for Kevin Durant, according to O’Connor, who notes that Durant and Jordan are good friends. Stefan Bondy of The New York Daily News wrote about this subject on Tuesday.
  • League sources don’t expect the Celtics to do anything at the deadline with Terry Rozier, since he could serve as potential Kyrie Irving insurance or a sign-and-trade sweetener for Anthony Davis in the offseason, says O’Connor.
  • According to O’Connor, the Pacers remain open to moving one of their two veteran point guards, Cory Joseph or Darren Collison. Both players are on expiring contracts.

Knicks May Target Marcus Morris In Offseason

  • Ellis identifies the Knicks as a probable suitor for Celtics forward Marcus Morris in free agency this summer (Twitter link). Morris would presumably be a Plan B for New York, since it likely wouldn’t be possible to fit in a contract for him alongside two maximum-salary deals.

Lawrence’s Latest: Bucks, Mirotic, Sixers, Gasol

No one seems convinced that the Bucks are a viable suitor for Anthony Davis, given their dearth of first-round picks and the fact that most of their best players are on expiring contracts. However, co-owner Marc Lasry is still encouraged by the fact that Davis’ four-team list of preferred destinations includes Milwaukee, as he tells Sporting News’ Mitch Lawrence.

“I saw that report, and I think it’s great,” Lasry said. “It’s a little bit of what we want. We want players to come and play in Milwaukee. And part of it is, when you’re winning and you’re setting a standard for excellence, people see that. People want to win. It doesn’t make a difference if you’re in Milwaukee, New York or L.A. The whole goal is winning. So we hope it would be players like Anthony Davis and others who want to come to Milwaukee.”

Lasry, who may be bordering on tampering territory with his comments to Lawrence, acknowledged that it would be tricky for the Bucks to make a deal for Davis using the club’s current assets.

Here’s more from Lawrence:

  • The Bucks are working on a smaller trade or two, according to Lawrence, who identifies Pelicans forward Nikola Mirotic as one potential target for Milwaukee. “He’d be the perfect fit for the Bucks,” an Eastern Conference general manager said of Mirotic. “Another guy who can knock down threes would make them even more dangerous.”
  • The Sixers are another team interested in Mirotic and have offered the Pelicans a pair of second-round picks for him, per Lawrence. For salary-matching purposes, Wilson Chandler would likely have to be involved in any 76ers deal for Mirotic. Philadelphia has also looked at Terrence Ross (Magic) and Wesley Matthews (Knicks), Lawrence notes.
  • An Eastern Conference GM tells Lawrence that the Spurs are making an effort to move Pau Gasol. Gasol is on a pseudo-expiring contract, as only $6.7MM of his 2019/20 salary is guaranteed.
  • Lawrence suggests that the trade market for Grizzlies big man Marc Gasol may be negatively impacted by Gasol’s desire to get a contract extension this summer. If he doesn’t feel as if he’ll get a lucrative multiyear deal in the offseason, the 34-year-old could pick up his $25.6MM player option.

Details On How Porzingis Trade Talks Played Out

In his latest newsletter for The New York Times, Marc Stein takes a deep dive into the trade that sent Kristaps Porzingis from New York to Dallas, sharing several interesting new details on the negotiations leading up to the deal itself.

Here’s a round-up of the highlights from Stein:

  • The Knicks spent a good portion of January canvassing the NBA for possible Porzingis trades, according to Stein, who hears the team was rebuffed when it inquired on potential targets like Jazz guard Donovan Mitchell and Kings guard De’Aaron Fox. After devoting much of the month to possible trade scenarios, the Knicks were convinced that no team besides Dallas would take on the Tim Hardaway Jr. and Courtney Lee contracts while also offering a player like Dennis Smith Jr. along with multiple first-round picks, says Stein.
  • New York’s management group has known for years that the Mavericks were very interested in Porzingis, with one Mavs official joking to Stein that Dallas had approached the Knicks “about a hundred times” before they finally showed a willingness to move the All-Star big man. Conversely, the Knicks had been expressing interest in Smith all season, per Stein.
  • The Knicks and Mavericks had been discussing the framework of a possible Wesley Matthews/Hardaway deal for weeks, and began expanding those talks to include Porzingis on January 28, Stein writes. The two teams then worked in person toward finalizing the framework of a deal last Wednesday when the Mavs played the Knicks in New York. However, the Knicks wanted to wait until after they met with the Porzingis brothers on Thursday to make any decisions.
  • Following that Thursday meeting between Knicks management and the Porzingis brothers, Janis Porzingis (Kristaps’ agent) provided the club with a four-team list of preferred destinations, a source tells Stein. The Nets and Clippers were on that list, but the Mavericks weren’t. The Knicks opted to move quickly on the Mavs deal in part due to concern that Porzingis’ camp would leak that list and threaten to only sign long-term with those clubs, Stein adds.
  • The Knicks were informed that Porzingis was ready to leave the team and continue his injury rehab in Spain if he remained on the roster through the trade deadline, Stein hears.
  • Mavericks owner Mark Cuban, with an interesting quote to Stein: “It was my mistake to not keep Dirk [Nowitzki] and Steve [Nash] together longer. I won’t make the same mistake with Luka [Doncic] and KP.”
  • For what it’s worth, Stein reports that the threat of Kevin Durant leaving for the Knicks has “never felt more real” to the Warriors than it does now that New York has cleared two maximum-salary slots for the summer.

Trade Rumors: KCP, J. Parker, O’Quinn, R. Lopez

In addition to doing their best to pry Anthony Davis away from the Pelicans, the Lakers have reportedly explored a deal with the Bulls involving Kentavious Caldwell-Pope and Jabari Parker. ESPN’s Brian Windhorst reported as much on the Hoop Collective podcast this week, as Matthew Moreno of LakersNation.com relays.

There are a number of potential roadblocks to such a deal. For one, the Lakers would have to include at least one more piece in order to match salaries, since Parker is earning $20MM and Caldwell-Pope has a $12MM cap hit. Most of the Lakers’ other expiring contracts are tied up in their offer for Davis, though they’d be available to move if the Pelicans decide to hang onto AD through the deadline.

Additionally, Caldwell-Pope has the ability to veto a trade, which is why he hasn’t been included in any of the Lakers’ offers to the Pelicans for Davis. Windhorst suggests that the Bulls “really like” Caldwell-Pope, so if KCP reciprocates that interest, perhaps he’d sign off on a deal. But it’s unclear whether he’d agree on a move that would send him from a playoff contender to a lottery team. For what it’s worth, Joe Cowley of The Chicago Sun-Times hears that Caldwell-Pope doesn’t appear to be interested in the Bulls.

Here are a few more trade rumors and notes from around the NBA:

Latest Anthony Davis Trade Rumors

Monday was an eventful day for the Anthony Davis rumor mill, as news broke that Davis’ camp had provided the Pelicans with a list of four teams – the Lakers, Knicks, Clippers, and Bucks – with which he’d be willing to sign long-term. Around the same time, the Lakers reportedly increased their offer for Davis, proposing a deal that would give New Orleans young players, multiple first-round picks, and salary relief. However, the Pels continue to lean toward hanging onto Davis beyond the deadline.

That Lakers offer – which includes Brandon Ingram, Lonzo Ball, Kyle Kuzma, two first-round picks, three veterans for salary-matching purposes, and the Lakers taking back Solomon Hill – is the strongest pitch L.A. has made for Davis. However, according to ESPN’s Ramona Shelburne, the Lakers have felt that their conversations with the Pelicans have been “one-sided,” and they’re becoming increasingly pessimistic that New Orleans will make a deal with them this week.

The Pelicans have yet to provide the Lakers with a counter-offer, but in order to seriously consider Davis to the Lakers this week they’d want to be compensated – or, more accurately, “overcompensated” – for passing up on the chance to see what the offseason would bring, reports ESPN’s Adrian Wojnarowski. According to Woj, GM Dell Demps and the Pels are seeking more draft picks from the Lakers — they want a “historic” haul of draft assets that would include four first-rounders, along with multiple second-round picks.

Wojnarowski writes that the Pelicans believe any offer the Lakers make now will still be available to them during the offseason, and multiple rival GMs think that New Orleans may use L.A.’s final offer this week as a baseline for negotiations in the summer.

Celtics president of basketball operations Danny Ainge has, of course, been urging the Pelicans to wait until the offseason, when the designated rookie rule restricting Boston from acquiring Davis will no longer apply. League sources tell Wojnarowski that the C’s have “promised to be aggressive” with their assets at that point as they pursue Davis.

According to Chris Mannix of SI.com, the Celtics have “refused to directly dangle” Jayson Tatum at this point, but the Pelicans have received the impression that nothing and no one would be off the table this summer in discussions with Boston. The Pelicans are “enamored” with Tatum, per Mannix, who suggests that Tatum’s franchise-player potential is higher than that of anyone in the Lakers’ offer. Acquiring a player with All-NBA potential in an AD trade is reportedly a goal for New Orleans.

Davis’ camp has repeatedly made it clear that Boston isn’t a preferred destination for the All-NBA big man, but that strong anti-Celtics stance may be posturing in an effort to push AD to the Lakers. Ainge is unconcerned that the C’s aren’t on Davis’ wish list, and there’s little that would dissuade him from aggressively pursuing AD in the offseason, Mannix writes.

Here are a few more Davis-related items to kick off Tuesday:

  • While the Knicks are one of the teams on Davis’ wish list, they haven’t re-engaged the Pelicans since trading Kristaps Porzingis last week, sources tell Wojnarowski. Winning the draft lottery would be the Knicks’ best path to building a viable offer for Davis, which is one more reason why the Pelicans could be incentivized to wait until the offseason to make a move.
  • Kentavious Caldwell-Pope has not been included in any of the Lakers‘ offers for Davis, since he has the ability to veto a trade and has shown no interest in going to the Pelicans, per Tania Ganguli and Brad Turner of The Los Angeles Times. Although the Lakers and KCP’s camp have been exploring possible destinations for the veteran wing, he appears unlikely to be moved this week, one source tells the Times duo.
  • The Suns have reached out to the Pelicans and Lakers and let them know that they’d have interest in Lonzo Ball and would be open to joining a potential Davis trade as a third team, according to Ganguli and Turner. Ball’s father LaVar said on Monday that he wants to see his son land in Phoenix if he’s traded by the Lakers.
  • If Davis remains in New Orleans through the deadline, there’s a “real possibility” that he and the Pelicans could agree to a limited playing schedule for the season’s final two months, according to Wojnarowski. That decision has yet to be made though.

Pelicans Leaning Toward Keeping Davis Past Deadline

The Lakers are fighting an uphill battle to finalize a deal for Anthony Davis before the trade deadline, ESPN’s Adrian Wojnarowski reports. There’s significant support within the Pelicans organization to retain Davis for the remainder of the season and revisit trade talks during the offseason, when several new and different scenarios would be available to them, Wojnarowski adds.

The Lakers are growing increasingly pessimistic the Pelicans will make a deal with them, Ramona Shelburne of ESPN tweets.

The Lakers upped the ante on Monday in their zeal to acquire Davis, who can become a free agent in the summer of 2020. They are presently offering the Pelicans a package built around three young starters — Brandon IngramKyle Kuzma and Lonzo Ball— and two first-round picks. They’re also willing to take on Solomon Hill‘s contract, which runs through next season.

Los Angeles president Magic Johnson had multiple phone conversations with New Orleans GM Dell Demps on Monday. Davis expanded his list of teams that he’d consider signing with in the long term besides the Lakers, including the Bucks, Clippers and Knicks.  But the Clippers and Bucks have yet to make offers for Davis and the Knicks haven’t contacted Demps since trading Kristaps Porzingis to Dallas, league sources told Wojnarowski.

The Celtics remain anxious to trade for Davis during the offseason and pair him with Kyrie Irving, though their plan to pursue Davis remains unaffected by whatever Irving might do in free agency. The Celtics remain confident they’ll re-sign Irving, Wojnarowski adds.

New Orleans is hopeful the Celtics might include their top young player, Jayson Tatum, along with a package of first-round picks. By waiting past the deadline, the Pelicans would also have a better idea what type of first-round picks the Celtics could convey to them.