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Forbes Releases 2019 NBA Franchise Valuations

February 6th, 2019 at 1:03pm CST by Luke Adams

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:

New York Knicks: $4 billion
Los Angeles Lakers: $3.7 billion
Golden State Warriors: $3.5 billion
Chicago Bulls: $2.9 billion
Boston Celtics: $2.8 billion
Brooklyn Nets: $2.35 billion
Houston Rockets: $2.3 billion
Dallas Mavericks: $2.25 billion
Los Angeles Clippers: $2.2 billion
Miami Heat: $1.75 billion
Toronto Raptors: $1.675 billion
Philadelphia 76ers: $1.65 billion
San Antonio Spurs: $1.625 billion
Portland Trail Blazers: $1.6 billion
Sacramento Kings: $1.575 billion
Washington Wizards: $1.55 billion
Phoenix Suns: $1.5 billion
Oklahoma City Thunder: $1.475 billion
Utah Jazz: $1.425 billion
Indiana Pacers: $1.4 billion
Denver Nuggets: $1.375 billion
Milwaukee Bucks: $1.35 billion
Orlando Magic: $1.325 billion
Atlanta Hawks: $1.3 billion
Cleveland Cavaliers: $1.275 billion
Detroit Pistons: $1.27 billion
Minnesota Timberwolves: $1.26 billion
Charlotte Hornets: $1.25 billion
New Orleans Pelicans: $1.22 billion
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.

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

February 6th, 2019 at 11:16am CST by Luke Adams

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.

Wesley Matthews Would Be Popular Target On Buyout Market

February 4th, 2019 at 10:04am CST by Luke Adams

Veteran swingman Wesley Matthews made his Knicks debut on Sunday, but it’s unclear how many more games he’ll play for the club. New York has received “multiple inquiries” about Matthews, according to Marc Berman of The New York Post, who hears from a source that the Sixers are expected to have some interest in a deal.

Berman writes that a buyout “won’t happen,” but that could be posturing from the Knicks’ side, as opening the door for that possibility would diminish Matthews’ value on the trade market. If the 32-year-old ends up being bought out, he’d be a popular free agent target, according to Marc Stein of The New York Times (Twitter link).

Stein identifies the Rockets, Thunder, Raptors, 76ers, and Warriors as teams hoping Matthews makes it to free agency. Tim MacMahon of ESPN.com had previously reported (via Twitter) that Houston would have interest in Matthews on the buyout market.

While the Knicks appear to be resisting the buyout route, it might be tricky for the club to find a taker for Matthews by Thursday’s deadline. The franchise has zero interest in taking on 2019/20 salary, and there aren’t a ton of expiring contracts around the NBA that make sense as salary-matching pieces for Matthews’ own $18.6MM expiring deal.

A team like the Kings might make sense as a trade partner for the Knicks, since they have $11MM in cap room and multiple non-rotation veterans on expiring deals, including Zach Randolph ($11.7MM). Clubs like the Rockets, Thunder, and Raptors, however, wouldn’t have a clear path to a trade, given their current cap situations, which is why they’re hoping Matthews is ultimately bought out.

As the Knicks consider their options with Matthews, it’s worth noting that head coach David Fizdale has said that he believes both Matthews and DeAndre Jordan could have a future in New York, as Berman relays. The Knicks are hoping that Jordan will be a “big influence” on rookie center Mitchell Robinson, Berman adds.

“Both of those guys have played some [playoff] series on some really good basketball teams,” Fizdale said. “And who knows what the future holds for these guys? They’re ours now, free agents at the end of the year, but who knows? I want them to come here and enjoy the process with us and really help the young guys.”

Abrines Returns But No Guarantees Of Playing Time

February 1st, 2019 at 8:30pm CST by Dana Gauruder

Thunder shooting guard Alex Abrines has returned to action but he’ll have to work his way back into the rotation, according to Erik Horne of The Oklahoman. Abrines played six minutes against Orlando on Tuesday after missing 17 games due to an illness and a personal matter. During his absence, Abdel Nader seized a rotation spot. Abrines will have battle Nader and Terrance Ferguson for minutes.

Bulls Acquire Timothe Luwawu-Cabarrot, Waive Carmelo Anthony

February 1st, 2019 at 1:03pm CST by Luke Adams

1:03pm: The Bulls have issued a press release confirming that they’ve sent a heavily protected 2020 second-round pick to the Thunder in exchange for Luwawu-Cabarrot and cash. The team has also officially waived Anthony, lining him up to clear waivers on Sunday.

Chicago plans to hang onto Luwawu-Cabarrot, per K.C. Johnson of The Chicago Tribune (Twitter link).

12:39pm: The Bulls and Thunder are in the process of finalizing a trade that will send Timothe Luwawu-Cabarrot and cash considerations to Chicago, reports Shams Charania of The Athletic (Twitter link).

Chicago currently has a full 15-man roster, so the club will need to trade or waive a player to finalize the deal. It sounds like that player will be Carmelo Anthony, according to ESPN’s Adrian Wojnarowski (Twitter link). Anthony had remained in limbo after being sent from Houston to Chicago in a trade last month, but appears set to become a free agent, assuming he goes unclaimed on waivers. The Lakers remain a “real possibility” for Carmelo, Woj adds (via Twitter).

The trade itself between the Bulls and Thunder appears financially motivated. Oklahoma City will be on the hook for a huge tax bill at season’s end, so clearing TLC’s $1,544,951 salary will save the franchise exponentially more than that in tax penalties. ESPN’s Bobby Marks pegs the tax savings at $7.3MM.

As for the Bulls, they’ll likely receive enough cash from the Thunder to cover more than Luwawu-Cabarrot’s remaining salary, so they’re essentially being paid to use a spot on their 15-man roster — the deal is similar to the financially–motivated swaps Chicago made with the Rockets earlier in the season. It’s not clear if the Bulls will hang onto TLC, an unrestricted free agent in 2019, for the rest of the season or if they’ll replace him with another player after trading for him.

The 24th overall pick in the 2016 draft, Luwawu-Cabarrot hasn’t developed into a reliable NBA rotation piece. In 142 career games (14.9 MPG) for Philadelphia and Oklahoma City, he has averaged 5.5 PPG and 1.7 RPG with a .385/.317/.829 shooting line.

The Thunder will dip to 13 players as a result of the deal and will have two weeks to add a 14th man to their roster. By signing a player – or player(s) – to a 10-day contract or a prorated rest-of-season deal, the club will save some money on its year-end tax bill. I explained this concept last week when I identified Luwawu-Cabarrot as a potential trade candidate.

Meanwhile, the Bulls will use part of the $2.73MM trade exception they generated earlier this season in the Justin Holiday trade in order to absorb Luwawu-Cabarrot’s salary, Marks notes. The Thunder, in turn, will create a TPE worth TLC’s salary ($1,544,951).

NBA Announces All-Star Reserves

January 31st, 2019 at 6:12pm CST by JD Shaw

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.

Porzingis May Prefer Trade; Knicks Expected To Explore Market

January 31st, 2019 at 2:00pm CST by Luke Adams

After meeting with Knicks management to express his concern about the team’s direction, Kristaps Porzingis left the franchise with the impression that he prefers to be traded, according to Adrian Wojnarowski and Ramona Shelburne of ESPN.com (Twitter link). The Knicks are expected to begin discussions about possible Porzingis trades ahead of next week’s deadline, the ESPN duo reports.

As we relayed in our earlier Porzingis story, the injured big man – along with his brother (and agent) Janis – reportedly spoke to the Knicks today about his frustration with the team’s losing, the franchise’s history of dysfunction, and his concern about whether sustainable organizational success is possible.

While ESPN’s report suggested that Porzingis would like to win in New York, it seems that he’s not confident that can happen anytime soon. He’ll be a restricted free agent during the summer of 2019, so the Knicks are in position to hang onto him for at least another season, if they so choose, but it sounds like the club is willing to test the market to see what kind of offers are out there. The Knicks previously considered trading Porzingis when Phil Jackson was in charge of basketball decisions.

An All-Star a year ago, Porzingis averaged 22.7 PPG, 6.6 RPG, and 2.4 BPG with a .439/.395/.793 shooting line in 48 games in 2017/18, displaying franchise-player potential. However, a torn ACL ended his season early and has sidelined him for the entire 2018/19 campaign so far.

Considering Porzingis still hasn’t returned to action following that ACL tear, it’s not clear what the trade market for him would look like at this point. If he’s able to get back on the court during the final couple months of the season and prove he’s healthy, it would increase his value, but it’s not clear when he’ll return — plus, it may be tricky for the Knicks to pull off a sign-and-trade deal in the offseason.

The Celtics, Clippers, Thunder, and Spurs figure to be among the teams with interest in trading for Porzingis, tweets Frank Isola of The Athletic. Wojnarowski names the Clippers and Spurs as well, adding the Nets, Heat, and Raptors to the list of potential suitors (Twitter link). Kevin O’Connor of The Ringer (Twitter link) throws the Mavericks into the mix as well.

As we noted earlier today, Porzingis will have a limited ability to jump ship anytime soon if he’s not traded during the season or in a sign-and-trade. He could accept his qualifying offer this summer and become an unrestricted free agent in 2020, but settling for a one-year, $4.5MM deal would be a big risk for a 7’3″ player coming off an ACL tear.

His other option would be to sign a shorter-term offer sheet with a rival suitor — the Knicks would almost certainly match it, but Porzingis would have the opportunity to get back on the open market sooner than if he signs a four- or five-year contract with New York.

If the Knicks don’t move Porzingis before the deadline, it will be interesting to see if he reconsiders his stance at all in the coming months. New York has a good deal of cap flexibility and is in position to land a top-five draft pick, so it’s not as if the club is poised to stay stuck in lottery territory forever. Some good luck in the draft lottery or on the free agent market could substantially accelerate the Knicks’ rebuilding process.

Photo courtesy of USA Today Sports Images.

Latest On Anthony Davis

January 31st, 2019 at 8:42am CST by Luke Adams

The Pelicans are approaching the Anthony Davis trade request “methodically,” listening to trade inquiries and offers but remaining focused on “the long play,” ESPN’s Adrian Wojnarowski said on Wednesday during an appearance on NBA Countdown (video link). According to Wojnarowski, it’s “very unlikely” that the Pelicans will get serious enough in any trade talks by next Thursday’s deadline to actually finalize a Davis deal by February 7.

As Wojnarowski observes, the Pelicans could gain leverage during the offseason by getting more teams involved in the Davis sweepstakes. Besides all the teams that will open up cap room and gain flexibility in the summer, the Celtics will also enter the mix, no longer held back by the Rose Rule restrictions that prevent them from trading for Davis. According to Wojnarowski, it sounds like the Celtics have conveyed to the Pelicans that they should be patient and that Boston would be willing to discuss virtually anyone on its roster except for Kyrie Irving.

If the Pelicans don’t make a deal at the deadline, that could be bad news for the Lakers, who would like to trade for Davis as soon as possible, before the Celtics can get involved. However, Wojnarowski suggests that New Orleans’ front office has “no interest in acquiescing Anthony Davis to the Lakers right now.”

Here’s more on the NBA’s top trade candidate:

There has been speculation that Davis may have played his last game for the Pelicans, who could hold their star big man out of action for the rest of the season even if he’s not moved at the deadline. However, while that’s an option under consideration, nothing has been definitively decided on that front, a source tells Marc Stein of The New York Times (Twitter links). Asked this week whether Davis would play again for the Pelicans, head coach Alvin Gentry was noncommittal, as Peter Thompson of Sporting News relays. “I don’t really know how to answer that. I assume that he will,” Gentry said. “That’s something that will obviously have to be discussed about what’s best for him and what’s best for our team.”
Mirjam Swanson of The Los Angeles Times explores whether the Clippers could be a player in the Davis sweepstakes, while Marcus Thompson II of The Athletic digs into the Warriors‘ long-shot odds and Erik Horne of The Oklahoman does the same for the Thunder.
While much of the coverage this week has focused on Davis and his potential suitors, Royce Young of ESPN.com looks at the other side of the saga, examining how the Pelicans are dealing with the trade rumors swirling around the franchise.
Cap expert Albert Nahmad takes a deep dive into Davis’ future contract options, along with a potential timeline for a trade (and new contract) in an interesting piece for HeatHoops.com.

Thunder Benefitting From Ferguson's Contributions

January 27th, 2019 at 6:23pm CST by Eric Spyropoulos

The Thunder have certainly benefitted from Terrance Ferguson admirably filling in his role as the team’s fifth starter. Considering Ferguson’s youth and low contract, the value he is providing has helped an expensive Thunder team that has limited young talent contributing to their success.
Speaking of the Thunder, Brett Dawson of The Athletic detailed the possible moves that the team could make at this season’s trade deadline, such as a possible acquisition of a strong 3-point shooter.

Northwest Notes: Durant, Exum, Gibson, Rubio

January 27th, 2019 at 3:56pm CST by JD Shaw

Kevin Durant plans to travel to Oklahoma City for the jersey retirement ceremony of longtime teammate Nick Collison, according to ESPN’s Adrian Wojnarowski. The ceremony is set to take place on March 20 when the Thunder take on the Raptors at Chesapeake Energy Arena.

Durant and Collison spent eight seasons together on the Thunder (and one on the Sonics) from 2007-’16, reaching the NBA Finals in 2012 and multiple conference Finals in that span. Collison grew close to several teammates in his 14 years with the franchise and remained friends with Durant even after he joined the Warriors.

“That group was so special, that whole group from 2010 until I left there, it was special,” Durant told ESPN. “It’s about time for us to let go of all that extra stuff, and just come together — especially around this time, because it’s Nick.”

Several of Collison’s former teammates are expected to be in attendance for the ceremony, showing appreciation for the kind of hard-worker and consummate professional Collison was during his career.

Despite the brief return for Durant, neither he nor the Thunder organization have active interest in a basketball reunion, Wojnarowski reports. Durant emphasized that he still holds the Thunder, their fans, and the city in high regard.

There’s more out of the Southwest Division today:

Jazz guard Dante Exum (ankle) missed his 11th game of the season on Friday and is now ineligible to receive a $200K bonus, tweets Bobby Marks of ESPN. Exum would’ve received the bonus if he played 73 or more games this season with Utah. He also has a separate $200K incentive in his contract that can be earned if he plays 67 games or more on the season.
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.”
Jazz point guard Ricky Rubio has remained focused on helping his team despite Utah’s reported interest in Mike Conley and Otto Porter Jr., Eric Woodyard of the Deseret News writes. “I was in Minnesota traded like 20 times,” Rubio said. “Until it doesn’t happen, you have to really don’t pay attention to that. A lot of them are just rumors and just 5 percent are true, so if it happens it happens, but I’m committed 100 percent to this team, to the community, and nothing’s going to change.” Rubio, 28, is set to become a free agent on July 1.