- Although the Thunder have kicked the tires on Magic swingman Jonathon Simmons, multiple sources tell O’Connor that Simmons isn’t expected to be available — at least not for what Oklahoma City would offer.
[SOURCE LINK]
The Knicks are still reeling from Tuesday’s news that Kristaps Porzingis has suffered a torn ACL and will be sidelined for the rest of the season. While Porzingis’ injury essentially eliminates the Knicks from the playoff race in the East, team ownership can at least find some solace in the fact that the organization remains the highest-valued franchise in the NBA, according to a report from Kurt Badenhausen of Forbes.
For the first time, all 30 NBA teams have a perceived worth of $1 billion or more, per Forbes’ annual report. In 2017, 18 teams had a valuation exceeding $1 billion, which was up from 13 teams in 2016 and just three teams in 2015.
The league-wide average of $1.65 billion per team is also a record, with franchise valuations up 22% in total over last year’s figures. NBA franchise values have tripled over the last five years, according to Badenhausen.
Here’s the full list of NBA franchise valuations, per Forbes:
- New York Knicks: $3.6 billion
- Los Angeles Lakers: $3.3 billion
- Golden State Warriors: $3.1 billion
- Chicago Bulls: $2.6 billion
- Boston Celtics: $2.5 billion
- Brooklyn Nets: $2.3 billion
- Houston Rockets: $2.2 billion
- Los Angeles Clippers: $2.15 billion
- Dallas Mavericks: $1.9 billion
- Miami Heat: $1.7 billion
- San Antonio Spurs: $1.55 billion
- Toronto Raptors: $1.4 billion
- Sacramento Kings: $1.375 billion
- Washington Wizards: $1.35 billion
- Cleveland Cavaliers: $1.325 billion
- Portland Trail Blazers: $1.3 billion
- Phoenix Suns: $1.28 billion
- Oklahoma City Thunder: $1.25 billion
- Orlando Magic: $1.225 billion
- Utah Jazz: $1.2 billion
- Philadelphia 76ers: $1.18 billion
- Indiana Pacers: $1.175 billion
- Atlanta Hawks: $1.15 billion
- Denver Nuggets: $1.125 billion
- Detroit Pistons: $1.1 billion
- Milwaukee Bucks: $1.075 billion
- Minnesota Timberwolves: $1.06 billion
- Charlotte Hornets: $1.05 billion
- Memphis Grizzlies: $1.025 billion
- New Orleans Pelicans: $1 billion
For comparison’s sake, Forbes’ 2017 valuations can be found right here.
The Knicks got some devastating news on Tuesday night, as an MRI revealed that Kristaps Porzingis suffered a torn ACL, sidelining him for the rest of the 2017/18 season — and likely for the start of next season too.
After a solid start to the year, there was speculation that the Knicks could remain in the playoff picture in the East, with key contributors like Porzingis and Enes Kanter publicly encouraging the organization to push for the postseason rather than selling off assets. Already mired in a slump though, the Knicks are now nine games below .500 and their playoff hopes appear to be on life support.
With the Porzingis injury further reducing the Knicks’ chances of making a late-season run, members of the franchise have already discussed giving the team’s young players more minutes for the rest of the year, sources tell Ian Begley of ESPN (Twitter link). While Begley says it’s not clear yet whether that’s the definitive plan, it would certainly make sense to shift in that direction.
Here’s more on the Knicks:
- The Knicks have checked in on Magic guard Elfrid Payton, according to Marc Berman of The New York Post, who notes that Knicks GM Scott Perry was a member of Orlando’s front office when the club drafted Payton. Berman adds that Perry and the Knicks view Payton as the type of athletic player they covet, and believe the fourth-year point guard has more upside as a defender than the advanced metrics suggest.
- According to Berman, the Knicks and Magic have engaged in preliminary talks about Payton, and the two teams have discussed the possibility of including highly-paid bigs Joakim Noah and Bismack Biyombo in a deal. Still, these talks occurred before Porzingis went down on Tuesday, so it’s not clear how that injury impacts New York’s plans.
- The Nuggets are one of about a dozen teams that have inquired on Willy Hernangomez, but the young center isn’t being discussed in talks with the Magic, sources tell Berman. The Knicks would likely move Hernangomez if they could get a first-round pick or a promising young player at a different position in return, says Berman.
- With Porzingis potentially sidelined until the 2019 calendar year, ESPN’s Kevin Pelton examines how the injury will affect the Knicks’ offseason plans. If Porzingis misses a good chunk of the 2018/19 season, the team may end putting off any major veteran additions until at least 2019, Pelton notes. He adds that the injury could make a Courtney Lee trade more viable for the Knicks, since Lee is more of a win-now piece.
With Andre Roberson sidelined for the rest of the season, the Thunder are on the lookout for help on the wing. With less than 48 hours left until the arrival of this year’s trade deadline, let’s check in on the latest reports on OKC’s options…
- There’s a “growing expectation” that the Thunder will make a move in advance of the trade deadline, since there’s a lot riding on this season, says ESPN’s Royce Young. Oklahoma City would prefer not to give up rookie Terrance Ferguson in a deal for a veteran rental though, Young adds.
- TNT’s David Aldridge (Twitter link) identifies Maurice Harkless and Tony Allen as two potential targets to watch for the Thunder. Harkless would be an interesting fit, though it may be difficult for the Trail Blazers and Thunder to figure out a deal, since both teams are projected taxpayers and will be reluctant to add salary. As for Allen, Aldridge tweets that the veteran swingman has been cleared to play after recovering from his broken leg, but will need some time to get back to full speed.
- The Thunder have done “due diligence” on Clippers guard Avery Bradley and Magic swingman Jonathon Simmons, per Chris Mannix of Yahoo Sports. Mannix suggests that the Thunder might wait until closer to the deadline in the hopes that teams’ asking prices come down, noting that they could also wait until after the deadline and take their chances on what’s expected to be a “robust” buyout market.
- Within his trade deadline preview, Jake Fischer of SI.com writes that the Thunder have shown interest in Clippers guard Lou Williams and expressed “serious” interest in Grizzlies guard Tyreke Evans.
- Oklahoma City has also been linked to Rodney Hood.
The Cavaliers continue to engage the Kings about a possible George Hill trade, sources tell Chris Mannix of Yahoo Sports. However, the Cavs would like to include both J.R. Smith and Iman Shumpert in their package for Hill, and taking on multiple expensive non-expiring contracts doesn’t appeal to Sacramento. Meanwhile, the Kings are quietly looking to get a third team involved in a potential deal, according to Mannix.
Mannix’s latest trade rumor roundup features several more tidbits of interest related to Thursday’s deadline, so we’ll pass along the highlights…
- The future of GM Rich Cho in Charlotte is uncertain, which may complicate the Hornets‘ deadline plans. According to Mannix, there are rumblings about former Lakers GM Mitch Kupchak being a candidate to join the Hornets’ front office in the offseason. Gery Woelfel of The Racine Journal Times wrote last week that Kupchak is considered likely to be hired by an Eastern Conference team this summer.
- Some teams with interest in Marcus Smart view the Celtics‘ asking price of a first-round pick as “unrealistic,” says Mannix.
- The Hawks have made “everyone” available, and while much has been written about the club’s veteran trade candidates, second-year swingman Taurean Prince is another player who has drawn interest, according to Mannix.
- The Magic have shopped Mario Hezonja “hard” in recent days, per Mannix.
- According to Mannix, the Suns are willing to move veterans like Tyson Chandler and Jared Dudley. Neither player’s contract is particularly team-friendly though, so it may be tough for Phoenix to find any value.
- The Clippers say they’re okay with holding onto DeAndre Jordan and Lou Williams through the deadline, but rival clubs are skeptical, says Mannix.
On Monday, we rounded up some of the highlights from a Lowe Post podcast featuring ESPN’s Zach Lowe and Adrian Wojnarowski. Late last night, Lowe published an extensive look at the trade market at ESPN.com, following up on some of the scuttlebutt he shared in that podcast. While there are a few repeated items with Lowe’s piece, he also has plenty of new notes for us as Thursday’s trade deadline approaches. Let’s dive in…
- Lowe views Marc Gasol as a target that would make sense for the Cavaliers if they’re willing to trade the Nets’ 2018 first-rounder. However, he notes that the Grizzlies seem satisfied to stand pat, and the two teams haven’t discussed Gasol. Rival executives also say that the Cavs continue to act as if they won’t trade the Brooklyn pick.
- Outside of the teams already known to have expressed interest in DeAndre Jordan – such as the Rockets, Bucks, and Trail Blazers – the Wizards are another club that has looked into the Clippers center, says Lowe. However, despite investigating the market for Jordan, Washington hasn’t gained any momentum toward a deal.
- Every Magic player except for Aaron Gordon and Jonathan Isaac is “readily available,” sources tell Lowe. Most people around the league think that Elfrid Payton will be playing somewhere besides Orlando next season, Lowe adds.
- As Lowe observes, Nuggets may not be able to afford Will Barton‘s next contract, but the team appears okay with holding onto him through the deadline and risking losing him for nothing this summer. Denver also remains on the lookout for point guards, having kicked the tires on Pacers backup Cory Joseph, per Lowe. However, potential targets like Joseph and Garrett Temple may not be viable due to the guaranteed 2018/19 money on their contracts.
- The Sixers are approaching the trade deadline as buyers, but no longer have as many extra first-round draft picks as they’ve had in recent years, so they may only willing to dangle second-rounders, says Lowe.
- According to Lowe, the Timberwolves have been very cautious about discussing the 2018 first-rounder they’ll get from the Thunder, since they recognize they’ll need cheap players to fill out the roster as Andrew Wiggins and Karl-Anthony Towns get very expensive.
- The Warriors remain on the lookout for bench help — they inquired on Avery Bradley, but got nowhere, league sources tell Lowe.
- The Heat don’t appear to have traction on any major deals, according to Lowe.
The Thunder, Bulls, and Pistons are among the teams showing interest in Jazz guard Rodney Hood as Thursday’s trade deadline nears, according to Tony Jones of The Salt Lake Tribune. League sources tell Jones that the Nuggets and Magic have also displayed “at least a passing interest” in Hood.
The Jazz have reportedly been exploring the trade market for Hood for at least the last few weeks, and Jones suggests the team is seeking “an asset” in return. While a first-round pick would be ideal, Utah may need to take on a bad contract in order to land a draft pick of that caliber, and it’s not clear whether the club is willing to do that, says Jones.
Hood, 26, is having the best offensive season of his career in 2017/18, averaging 16.4 PPG and shooting 38.7% on three-point attempts — both marks are career highs. However, he has once again been limited by injuries, a recurring issue throughout his NBA career. A fourth-year guard, Hood has only played more than 59 games in a season once so far.
As for Hood’s potential suitors, it’s no surprise that the Thunder, Bulls, and Pistons would have some interest, as all three teams could use another young shooter. However, Oklahoma City’s trade assets are limited, and Vince Ellis of The Detroit Free Press tweets that Detroit’s interest in Hood was stronger before the Blake Griffin trade. With Griffin’s long-term salary on their books, Ellis notes, the Pistons are less inclined to explore a swap of Stanley Johnson for Hood, since Johnson’s affordable rookie contract runs through 2019, while Hood will get expensive in restricted free agency this summer.
Meanwhile, Alec Burks is also generating some trade interest around the NBA, according to Jones. However, Jones cautions that Burks’ contract, which pays him $11.5MM in 2018/19, is limiting his appeal to some extent.
- The Magic have had to adjust to life without Aaron Gordon lately. John Denton of the team’s official website writes that the forward has been troubled by a lingering hip flexor injury, forcing the rest of the team to adapt on offense.
Dwyane Wade spent his first 13 seasons as a member of the Heat and he wants to finish his career with the organization. Ira Winderman of the Sun-Sentinel writes that Wade, who is currently with the Cavaliers, wants to find a way back to South Beach before retirement.
“I have thought about it, of course. I wouldn’t lie and say I haven’t,” Wade said to Winderman of possibly rejoining the Heat. “When that opportunity comes, that day comes, hopefully, I can go out in a Miami Heat jersey. I don’t know how it will be, but I would love it.”
Wade, who recently turned 36, is enjoying a solid season off the bench for Cleveland, averaging 11.2 PPG, 4.0 RPG, and 3.7 APG in 44 games. The Heat are in the midst of a strong season, sitting in fifth place in the Eastern Conference with a 29-23 record. Wade said he has followed the team since his departure and is proud of how the team has meshed together to find success.
Ideally, Wade would finish his playing career with one final season in a Heat uniform. However, it is possible for Wade to sign a one-day ceremonial contract — similar to Paul Pierce with the Celtics — and officially retire as a member of the Heat.
Check out other news from the Southeast Division:
- Cody Zeller made his return on Friday after missing 21 games with torn left meniscus, providing a jolt for the Hornets. Brendan Marks of the Charlotte Observer writes that while it’s too early to tell how well Zeller has recovered, he could play a pivotal role as the Hornets make a playoff push.
- The Hornets’ G-League affiliate Greensboro Swarm announced that 10-year NBA veteran Damien Wilkins has joined the team. Wilkins started the year with the Pacers and now returns to the Swarm, a team he appeared in 48 games with last season.
- Magic general manager John Hammond does not characterize the 15-35 as sellers but acknowledged any moves Orlando makes at the deadline are with the future in mind, John Robbins of the Orlando Sentinel writes.
- A pair of rotation players returned to practice for the Magic, Josh Robbins of the Orlando Sentinel tweets, but neither Nikola Vucevic or Jonathan Isaac are particularly close to suiting up in-game. Robbins clarified in a subsequent tweet that they participated in full contact practice.