Thunder Rumors

Northwest Notes: Wolves, Carlisle, Sexton, Williams

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.”

Thunder Among Teams Interested In Isaiah Stewart

  • Several contenders, including the Celtics, Thunder and Mavericks, have expressed an interest in Pistons big man Isaiah Stewart, sources tell James L. Edwards of The Athletic. Stewart has been one of the few bright spots in Detroit’s ugly season, averaging 10.2 points and 6.8 rebounds through 25 games. He signed a four-year, $64MM extension this summer and would be subject to the poison pill provision in any trade until July 1. Edwards also addresses trade suggestions from readers, saying he’s heard the Pistons don’t have interest in adding Utah’s John Collins or Charlotte’s P.J. Washington.

Northwest Notes: Thunder, Holmgren, Nnaji, Scoot, Grant

The significance of the Thunder‘s victory in Denver on Saturday night can’t be ignored, according to Tony Jones of The Athletic, who points out that it’s extremely rare for any team to steal a win at Ball Arena. The Nuggets lost just seven times in Denver during the 2022/23 regular season and had won 10 of 11 home games so far this season before Saturday’s defeat.

“It showed that we can play with anybody when we are playing well,” Thunder forward Jalen Williams said of the thrilling 118-117 win. “Obviously, we have a ton of respect for Denver. In regards to that, they did a lot to win this game as well. But we feel that we can compete with anybody, and I think this solidifies those thoughts that we have.

“Honestly, I don’t think that we’ve ever not thought that way. But this just gives us more and more confidence as we head into the rest of the season. We know that we have a lot of work ahead of us and a long way to go. But we know that we can play with anyone when we are on our game.”

With the victory, the Thunder moved ahead of the Nuggets in the standings and once again hold the No. 2 seed in the Western Conference. As Jones writes, Shai Gilgeous-Alexander also continued to strengthen his Most Valuable Player case on Saturday, outplaying two-time MVP Nikola Jokic and hitting the game-winning shot in the final second of the fourth quarter.

Here’s more from around the Northwest:

  • Jokic had high praise for Thunder big man Chet Holmgren, who had an incredible nine blocked shots on Saturday. As Bennett Durando of The Denver Post relays, the Nuggets’ star center thinks Holmgren is capable of being much more than just a Rookie of the Year winner. “I think that’s not supposed to be his goal,” Jokic said. “I think he can be much better than that.”
  • Zeke Nnaji has been a DNP-CD in six of the Nuggets‘ past eight games, as head coach Michael Malone has leaned on DeAndre Jordan as the team’s primary backup center. However, Malone is unwilling to classify Nnaji as “out of the rotation,” referring to him as “an effective player for us,” tweets Harrison Wind of DNVR Sports. Nnaji signed a four-year, $32MM rookie scale extension prior to the season; it will begin in ’24/25.
  • Trail Blazers rookie Scoot Henderson has been showing his explosiveness more often as of late, which the team views as another sign that he’s getting more comfortable after a slow start to his NBA career, writes Jason Quick of The Athletic. “I think Scoot is getting better every day, to be honest with you,” Billups said of the No. 3 overall pick, who has averaged 18.3 points on .468/.500/1.000 shooting in his past three games. “You can actually see the progress in the games. In the early part of the season he really struggled, and I thought most of his struggles came from him just wanting so badly to play well. So, he could never slow down.”
  • Trail Blazers forward Jerami Grant returned to action on Saturday after spending four games in the concussion protocol and didn’t miss a beat, scoring 27 points on 12-of-20 shooting in 38 minutes of action. Grant is one of several players around the NBA who won’t become trade-eligible until January 15.

Western Rumors: Markkanen, Giddey, Mann, Kings, Lofton

After Marc Stein reported that teams around the NBA are keeping an eye on Jazz forward Lauri Markkanen, Jake Fischer of Yahoo Sports says that several clubs have already contacted Utah to inquire on Markkanen.

Fischer stresses that the Jazz are “by no means expected” to trade Markkanen, who is a favorite of team officials. However, opposing executives have gotten the sense that the All-Star forward is no longer quite as untouchable as he was in the past.

“Do I expect Utah to trade Lauri? No,” one general manager told Fischer. “But they are saying they’re willing to listen. They are willing to listen to calls on everyone, but it’s a matter of meeting their price like Minnesota did for Rudy [Gobert].”

As Fischer notes, even if a deal is unlikely, the fact that the Jazz are open to listening on Markkanen means that there will continue to be plenty of buzz around him as the trade deadline nears. League personnel believe that the Kings, Hawks, and Thunder are among the teams that would have the most interest in the Finnish star, Fischer adds.

Here’s more from around the Western Conference:

  • Rival teams had begun to zero in on Thunder guard Josh Giddey as a possible trade target before the NBA and California police began looking into allegations that he had an inappropriate relationship with a minor, per Fischer. Depending on the outcome of those investigations, Giddey may still draw interest ahead of the trade deadline. Oklahoma City also explored moving Tre Mann prior to the start of the season, Fischer adds.
  • If the Kings pursue either Pascal Siakam or OG Anunoby, the Raptors are expected to ask for Keegan Murray in return, which may be a non-starter for Sacramento, Fischer writes, since the Kings view Murray as an important piece in both the present and the future. However, another former lottery pick, Davion Mitchell, is considered a “strong” trade candidate, league sources tell Yahoo Sports.
  • The Grizzlies have made calls to potential trade partners to gauge those teams’ interest in some of Memphis’ reserves, but if a deal doesn’t materialize in the coming days, the expectation is that the team will probably waive Kenneth Lofton Jr. to open up a roster spot to activate Ja Morant next week, says Fischer. We took a closer look at Memphis’ looming roster decisions earlier in the week.

Warriors, Knicks, Lakers Top Latest NBA Franchise Valuations

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:

  1. Golden State Warriors: $8.28 billion
  2. New York Knicks: $7.43 billion
  3. Los Angeles Lakers: $7.34 billion
  4. Boston Celtics: $5.12 billion
  5. Chicago Bulls: $4.83 billion
  6. Los Angeles Clippers: $4.56 billion
  7. Miami Heat: $4.17 billion
  8. Philadelphia 76ers: $4.13 billion
  9. Toronto Raptors: $4.11 billion
  10. Houston Rockets: $4.05 billion
  11. Dallas Mavericks: $4.03 billion
  12. Phoenix Suns: $4 billion
  13. Brooklyn Nets: $3.98 billion
  14. Sacramento Kings: $3.46 billion
  15. Denver Nuggets: $3.4 billion
  16. Atlanta Hawks: $3.35 billion
  17. Washington Wizards: $3.33 billion
  18. San Antonio Spurs: $3.29 billion
  19. Portland Trail Blazers: $3.28 billion
  20. Indiana Pacers: $3.27 billion
  21. Utah Jazz: $3.24 billion
  22. Cleveland Cavaliers: $3.22 billion
  23. Milwaukee Bucks: $3.2 billion
  24. Orlando Magic: $3.12 billion
  25. Detroit Pistons: $3.1 billion
  26. Oklahoma City Thunder: $3.08 billion
  27. Charlotte Hornets: $3 billion
  28. Minnesota Timberwolves: $2.94 billion
  29. Memphis Grizzlies: $2.82 billion
  30. 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 Mavericksreported 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.

OKC Voters Approve Funding For New Thunder Arena

Residents of Oklahoma City overwhelmingly approved a proposal to use taxpayer dollars to fund the majority of a new arena for the Thunder, according to reports from Joe Mussatto of The Oklahoman and Sean Murphy of The Associated Press.

The vote, which occurred on Tuesday, asked OKC residents whether or not to approve a 1% sales tax that would fund approximately $850MM of the arena project. According to the Oklahoma State Election Board, 71% of the respondents voted in favor of the plan.

Under the proposed deal, Thunder owner Clay Bennett will also contribute $50MM to the construction of the arena, which is expected to cost around $900MM.

An exact location for the new building has yet to be determined, though mayor David Holt said finalizing that detail will be “one of the first orders of business.” According to Mussatto, the most likely location is the land currently occupied by Prairie Surf Studios (the former home of the Cox Convention Center).

The hope is that the new arena will be ready for the 2029/30 season. The Thunder have committed to play in the building for at least 25 years, which means the franchise would remain in Oklahoma City through at least 2054.

Since moving from Seattle to Oklahoma City in 2008, the Thunder (formerly the SuperSonics) have played in the Paycom Center, which opened in 2002. OKC voters previously approved a sales tax to finance upgrades to that arena — that tax will remain in effect until April 1, 2028, which is when this newly approved tax will begin.

“A signature of the Oklahoma City Thunder, beyond the team’s success on the floor, has been their deep connection to their fans and their community,” NBA commissioner Adam Silver said in a statement (Twitter link via Joel Lorenzi of The Oklahoman). “This vote for a new arena is another example of that bond.

“We are grateful to the people of Oklahoma City for the confidence they have shown in both the Thunder and the NBA as we embark on a new era of global sports and entertainment.”

Northwest Notes: SGA, OKC, K. George, Jazz, R. Jackson

After finishing fifth in NBA MVP voting in 2022/23, Thunder guard Shai Gilgeous-Alexander is building another strong case for the award this season, according to Joe Mussatto of The Oklahoman.

Gilgeous-Alexander is once again averaging over 30 points per game through his first 21 contests, and he’s scoring those points more efficiently, with career highs in field goal percentage (55.0%) and free throw percentage (91.7%). He’s also dishing a career-best 6.2 assists and is leading the NBA with 2.8 steals per night, establishing himself as a legitimate All-Defensive candidate, Mussatto opines. On top of all that, Oklahoma City’s 15-7 record is good for second place in the Western Conference.

According to Mussatto, if he were casting an MVP ballot today he’d have usual suspects Nikola Jokic and Joel Embiid at the top, but Gilgeous-Alexander would come be at No. 3.

Here’s more from around the Northwest:

  • Oklahoma City voters will head to the polls on Tuesday to decide whether or not to approve a six-year, one percent sales tax that would help fund a new arena for the Thunder. Sean Murphy of The Associated Press has the story on the vote and the plan for a new arena, which is expected to cost at least $900MM.
  • The Jazz were beaten soundly in Oklahoma City on Monday to fall to 7-16 on the season, but the play of rookie guard Keyonte George was a silver lining, as he scores 30 points for the first time in his professional career, per Aaron Falk of The Salt Lake Tribune. “Tonight is good for his mentality,” head coach Will Hardy said. “Now he’s seen himself do it. … There’s always a part of your brain that’s not sure if you can actually do it.”
  • After the good vibes that last season generated, the Jazz have to tread carefully as they struggle to compile wins this season, writes Tony Jones of The Athletic. While Utah isn’t expected to be a playoff or play-in team, the club needs to make sure it’s competing hard and playing the right way to avoid developing a losing culture, Jones notes.
  • Speaking to Mark Medina of Sportskeeda, Nuggets guard Reggie Jackson discussed what it meant to win an NBA championship, taking on a bigger role in Denver this season, and the opportunity to play alongside Nikola Jokic (“the best player in the world”), among other topics.

And-Ones: Bronny, In-Season Tournament, Las Vegas, SGA

Bronny James was grateful to be playing in a basketball game again Sunday, less than five months after he suffered cardiac arrest, writes Ohm Youngmisuk of ESPN. With LeBron James in attendance to watch his son’s USC debut, Bronny totaled four points, three rebounds, two assists, two steals and a block in 16 minutes in a loss to Long Beach State. He came off the bench and played under a minutes restriction.

“I just want to say I’m thankful for everything,” Bronny said in his first public comment since the July 24 health scare. “Mayo Clinic, everything they helped me with, my parents, siblings for supporting me through this hard time in my life. I just want to give appreciation to everyone that’s helped me through this. Also, my coach, my teammates, all my other coaches. They’ve been with me since the start and I just want to say I’m thankful for them.”

LeBron posted an Instagram message expressing pride in his son and saying he’s already won the “ultimate goal/championship.” Bronny didn’t receive medical clearance to start playing again until November 30. He participated in full-contact practices Thursday and Friday in preparation for Sunday’s game.

“Everybody’s been through a lot emotionally,” Trojans coach Andy Enfield said. “Bronny the most. He’s handled it very well. And anytime you go through an emotional situation, it’s nice to have teammates and staff that care. And I thought his teammates did a great job with Bronny and he’s back now and we’re all excited for him.”

There’s more from around the basketball world:

  • The NBA is happy with the reception for its first in-season tournament, but changes are likely on the way. Tim Bontemps of ESPN reviews several alterations being considered, including a more substantial prize for the winner, increased financial incentives for players and coaches, toned-down court designs, a new name, potential changes to group play and tie-breakers, and a different way of scheduling the teams that fail to advance.
  • Las Vegas turned out to be a perfect host for the tournament’s final four, according to Barry M. Bloom of Sportico (subscription required). Although commissioner Adam Silver hasn’t determined if any of next year’s games will be played in Vegas, Bloom notes that there’s no other neutral site with the glamour to make it an attraction for NBA players. He adds that Saturday’s title contest attracted 19,021, and the semifinals and final brought in a total of 53,875 people.
  • Thunder guard Shai Gilgeous-Alexander has won the 2023 Northern Star award, which recognizes Canada’s top athlete, per Doug Smith of The Toronto Star. After earning his first All-Star and All-NBA (First Team) nods in 2022/23, the 25-year-old was named to the All-Star 5 at the World Cup, leading the Canadian national team to its first-ever medal finish at the event, claiming the bronze after defeating the favored Americans. As Smith writes, Gilgeous-Alexander also helped Team Canada clinch a spot in the Olympics for the first time since 2000. Hall-of-Famer Steve Nash is the only other basketball player to claim the Northern Star, Smith notes, with the former MVP point guard winning back in 2005.

Rory Maher contributed to this post.

Holmgren Changing Thunder's Trajectory

Chet Holmgren, Jaime Jaquez Named Rookies Of The Month

Thunder big man Chet Holmgren and Heat wing Jaime Jaquez have been named the rookies of the month for the Western and Eastern Conferences, respectively, the NBA announced on Monday (via Twitter). Since the 2023/24 season started in late October, the awards count games played in both October and November.

The No. 2 overall pick of the 2022 draft, Holmgren missed all of last season due to a foot injury. In his first taste of regular season action, he filled the stat sheet in impressive fashion, averaging 17.9 points, 7.8 rebounds, 2.6 assists and 2.1 blocks on .537/.410/.871 shooting in 18 games over the past two months (30.0 minutes).

The Thunder are currently 13-6, the No. 2 seed in the West. Holmgren is tied for second on the team in points per game, and leads OKC in rebounding and blocked shots.

Jaquez, who was selected No. 18 overall in this year’s draft, has stepped into a major rotation role for Miami and fit in seamlessly, averaging 12.0 points, 3.9 rebounds, 2.5 assists and 1.1 steals on .529/.390/.875 shooting in his first 19 games, including four starts (26.6 minutes).

The Heat have dealt with several injuries again this fall and are currently 11-9, the No. 7 seed in the East.

According to the NBA (Twitter link), the other nominees in the West were Jordan Hawkins, Dereck Lively and Victor Wembanyama, while Brandon Miller, Craig Porter Jr. and Ausar Thompson were nominated in the East. Porter, who went undrafted out of Wichita State, is the lone player on a two-way contract who was nominated — all the others were first-round picks.