Phoenix Suns Rumors | Hoops Rumors

Stein’s Latest: Butler, Beal, Nnaji, Kuzma, Hawkins

December 23rd, 2024 at 8:08am CST by Arthur Hill

The Suns‘ interest in acquiring Jimmy Butler is “absolutely genuine,” but they may not have enough assets to entice the Heat, Marc Stein writes in his latest Substack column (subscription required).

In theory, Bradley Beal‘s $50MM contract is a good salary match f0r Butler’s $48.8MM deal, and it’s being portrayed in some circles that Beal’s no-trade clause is the major impediment. That’s not really accurate, according to Stein, who states that there’s little evidence that the Heat have interest in adding the 31-year-old guard.

Beal has two more seasons left on his contract at $53.7MM and $57.1MM, which would greatly impact Miami’s future roster flexibility. He has also missed 36% of the Suns’ games since he joined the team at the start of last season. His scoring has dropped significantly after leaving Washington as he’s no longer being asked to carry the offense, although his shooting percentages are still strong at .504/.375/.795.

Stein notes that Phoenix doesn’t have many options to sweeten the deal for Miami. As a second-apron team, the Suns can’t aggregate contracts in a trade and they’ve already parted with most of their draft assets. They don’t have control over their first-round picks for the next six years, leaving just their 2031 first-rounder and three second-rounders to offer.

Stein shares more inside information from around the league:

Stein confirms a report from KC Johnson of The Chicago Sports Network that Zeke Nnaji‘s contract could stand in the way of a potential Nuggets-Bulls trade. One version of a deal would send Nnaji and Michael Porter Jr. to Chicago in exchange for Zach LaVine and Torrey Craig, but the Bulls are reluctant to make a four-year commitment to Nnaji, who has a $32MM contract that runs through 2027/28. Stein reiterates that Denver is considering whether it makes more sense to trade Porter for two rotational pieces, rather than trying to land LaVine.
League executives believe the Wizards are “eager” to move veteran forward Kyle Kuzma before the trade deadline, according to Stein. Washington had a deal in place with Dallas involving Kuzma last winter, but he chose to stay with the Wizards when given the option. He’s not expected to be consulted this time, Stein adds, as Washington’s front office seeks to tear down a roster that has compiled a league-worst 4-22 record. Stein points out that Kuzma has $3MM in unlikely bonuses that could complicate a deal (since they count against the aprons), but his contract is otherwise team-friendly with a declining salary that will reach $19.4MM in 2026/27. Stein adds that the idea that the Mavericks might pursue Kuzma again was “strongly dismissed,” but the Kings could be an option. He describes Sacramento’s recent interest in Kuzma as “up-and-down.”
Stein considers Jordan Hawkins to be among the players who the Pelicans are unlikely to trade before the deadline. The 22-year-old guard is averaging 13.1 PPG in his second NBA season and has taken on a larger role in New Orleans’ offense. Stein previously listed Herbert Jones, Trey Murphy and rookie center Yves Missi as keepers for the Pelicans.

Pacific Notes: Monk, Allen, Budenholzer, Durant, Kuminga

December 22nd, 2024 at 9:36am CST by Luke Adams

The Kings are expected to make Kevin Huerter, Trey Lyles, and draft capital available as they go shopping for help on the trade market ahead of the February 6 trade deadline. However, given the fact that Sacramento is off to a 13-16 start this season and is currently out of the play-in picture, teams around the NBA are curious about whether the Kings will consider becoming in-season sellers, according to Jake Fischer of Bleacher Report (video link).

“I’m not reporting that Malik Monk is available,” Fischer said. “However, rival teams certainly want to know if Malik Monk will be someone that the Kings are willing to part with.”

In discussing Monk, Fischer acknowledged it would be “tricky” to move last season’s Sixth Man of the Year runner-up, who signed a new four-year, $78MM contract with the Kings over the summer.

“He’s so crucial to what the Kings have done,” Fischer said. “… He’s best friends with De’Aaron Fox dating back to Kentucky. If you’re curious about the long-term ramifications of keeping De’Aaron Fox in Sacramento, you’re probably not wanting to move his best friend, who he recruited to join the Kings.”

Of course, Fox’s own long-term future in Sacramento isn’t certain either, so the Kings are a team worth watching closely in the coming weeks.

We have more items from around the Pacific:

The Suns are monitoring swingman Grayson Allen for a possible concussion, head coach Mike Budenholzer said after Saturday’s loss to Detroit (Twitter link via Gerald Bourguet of PHNX Sports). “We’ll see how he is in the morning,” Budenholzer said of Allen, who took a Simone Fontecchio elbow to the head while battling the Pistons forward under the basket in the third quarter (video link).
Budenholzer and Kevin Durant engaged in a heated discussion during a timeout in the third quarter of Saturday’s loss, with the head coach appearing to call out Durant for a defensive mistake and the Suns star firing back. Both men downplayed the dispute after the game. “We know we got the microscope on us, so any little spat like that may be taken the wrong way, but coach respects my perspective,” Durant said (Twitter video link via PHNX Sports). “… When you look at it from the outside, the chemistry may look off, but I just think that’s part of great chemistry actually, when you can have those conversations in the heat of the moment and move on.” Budenholzer agreed with Durant’s assessment, as Bourguet relays (Twitter video link). “He’s a pro, he’s coachable,” Budenholzer said. “If you don’t have a few of those, there’s probably something wrong with your team. KD’s the best. He wants to be coached, and I love being around him.”
After starting six games in a row, Warriors forward Jonathan Kuminga came off the bench on Thursday in Memphis and Saturday in Minnesota. However, head coach Steve Kerr said that the experiment of having Kuminga in the starting five isn’t over, explaining that he started Kyle Anderson on Saturday because he liked how the former Timberwolf matched up against his old team (Twitter link via Ohm Youngmisuk of ESPN). It was Anderson’s first start of the season.

Devin Booker To Miss At Least Next Two Games

December 21st, 2024 at 12:43pm CST by Luke Adams

Suns guard Devin Booker will be held out of at least the next two games due to a left groin injury he sustained on Thursday vs. Indiana, the team announced today (Twitter link via Duane Rankin of The Arizona Republic).

That means Booker will be unavailable on Saturday vs. Detroit and on Monday in Denver. The announcement leaves the door open for the Suns star to potentially return to face the Nuggets in Phoenix on Christmas Day (Wednesday).

It’s not clear whether that’s a realistic return date for Booker, but it’s perhaps an encouraging sign that the Suns are referring to his injury as groin “soreness,” rather than a strain. He’ll be reevaluated early next week, according to the club.

Booker’s shooting percentages from the floor (43.9%) and beyond the arc (34.5%) are down this season, but he’s still producing at an All-Star level, averaging 25.1 points and 6.4 assists in 36.6 minutes per game through 26 outings. Saturday’s game will be the first one he has missed this season.

With Booker out, wings Grayson Allen and Ryan Dunn are among the candidates for increased roles, while veteran swingman Josh Okogie – who has been out of the rotation as of late – should have a better chance to see the court.

Trade Rumors: Johnson, Thunder, Beal, Cavs

December 20th, 2024 at 10:40pm CST by Alex Kirschenbaum

Versatile Nets forward Cameron Johnson has been the subject of trade interest from multiple contenders this season. According to Bleacher Report’s Jake Fischer (video link), the Thunder are among the title hopefuls keeping an eye on Johnson.

“I have heard Cam Johnson potentially having interest from OKC,” Fischer said.

Across 26 contests for the chippy 11-16 Nets, the 28-year-old is averaging 19.2 points per game on a .489/.431/.874 shooting line (all career highs). He’s also chipping in 4.5 boards and 3.1 dimes per contest.

The Thunder are currently 22-5 on the year and occupy the No. 1 seed in a crowded Western Conference. Led by All-NBA point guard Shai Gilgeous-Alexander, Oklahoma City has emerged as a formidable two-way powerhouse. But OKC’s defeat against the Bucks in the NBA Cup championship game showed it could have potential playoff vulnerabilities, especially against bigger forwards, meaning the team could benefit from adding a player like Johnson.

Here are a few more recent trade rumors and notes:

Given that the Thunder have a bevy of future draft picks at their disposal to use in any potential deal, Kevin O’Connor of Yahoo Sports suggests it may be time for the club to part with some of those selections and cash them in for win-now help. O’Connor wonders if Oklahoma City forward Jalen Williams, the team’s primary shot creator next to Gilgeous-Alexander, is quite ready for prime-time after recording more field goal attempts (61) than points (56) in the three NBA Cup knockout round games. O’Connor advocates for the Thunder exploring additional shooting help, more bigs, and potential a microwave bench guard.
Suns guard Bradley Beal addressed recent trade speculation about his long-term fate in Phoenix, per Duane Rankin of The Arizona Republic. Beal has been floated as a natural fit for a deal to land Heat All-star wing Jimmy Butler with the team. “Until one of them come say something to me or talks to me, it’s just out there,” Beal said of the team’s front office decision makers. “I’m a Phoenix Sun and I’m here and I’m in the uniform. I don’t pay attention to that. They did that with me for 10 years.” Beal, 31, has a no-trade clause on his $50.2MM contract for this season. “Everybody is going to have an opinion about something. I think that kind of puts you in a negative head space. I don’t pay attention to it.”
Some opposing executives who have spoken to Cleveland.com’s Chris Fedor (subscription required) believe the Cavaliers are interested in making a 2-for-1 trade prior to this year’s deadline to consolidate their depth. The Cavs have gotten off to a league-best 24-4 start in 2024/25, thanks in large part to that depth, but the team is just now getting back Max Strus and may want to try to dip below the luxury tax threshold, Fedor observes.

Trade Rumors: MPJ, LaVine, Butler, Suns, Nets

December 20th, 2024 at 2:01pm CST by Luke Adams

The Nuggets are open to the idea of making a significant trade prior to the February 6 trade deadline, but they’re hoping they’ll see enough from their current group in the coming weeks to feel confident about not having to make a major in-season deal, according to Bennett Durando of The Denver Post, who takes a closer look at Denver’s trade candidates and potential paths.

Meanwhile, following up on the rumor linking Zach LaVine to Denver and Michael Porter Jr. to the Bulls, Marc Stein and Jake Fischer of The Stein Line (Substack link) confirm the Nuggets are indeed considering whether to trade Porter, whose $35.9MM cap hit would be necessary to complete a trade for a player earning a substantial salary.

According to Stein and Fischer, the Nuggets have “always been somewhat unsure” about Porter’s value on the trade market, due in part to his injury history, and are wary about making the team smaller by swapping him out for a guard like LaVine.

Sources tell The Stein Line that some people in the Nuggets’ front office believe that if the team needs to make a moving involving Porter, trading him for two starting-caliber players instead of a single star would be the best course of action. Fischer and Stein point to the Hawks‘ duo of De’Andre Hunter and Bogdan Bogdanovic and the Nets‘ duo of Cameron Johnson and Dorian Finney-Smith as examples.

I may be unsure about Porter’s trade value myself, but given two years and $79MM left on his contract after this season, I have to think that Atlanta and Brooklyn would require some serious sweeteners to seriously consider those trade ideas. That’s an issue for the Nuggets, who aren’t exactly stocked with draft assets — they’ve traded away three future first-round picks and included protections on all of them, complicating their ability to offer additional first-rounders or swaps in subsequent trades. That’s why targeting a distressed asset like LaVine makes sense in the first place.

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

The Suns are Jimmy Butler‘s preferred landing spot in the event of a trade, according to John Gambadoro of Arizona Sports 98.7 (Twitter links). However, Gambadoro says Phoenix plans to wait until at least mid-January before making any decisions on trades, which includes anything involving Butler. Although Gambadoro believes the Suns like Butler, it’s unclear if they’d have the pieces to acquire him, given that Bradley Beal (who holds a no-trade clause) would have to be included in any deal.
Net Income of NetsDaily rounds up a few recent trade rumors involving the Nets and provides his own analysis on each of them. According to NetsDaily, Brooklyn is believed to be seeking at least one first-round pick and potentially “a prospect or two” for Cameron Johnson and is very reluctant to take on multiyear money in trades unless the accompanying return is “rich.”
Bobby Marks of ESPN (Insider link) has published his pre-deadline trade primer for the 2024/25 season, running through all 30 NBA teams and taking a closer look at the big questions they have to answer, their tradable players and draft picks, and various restrictions they’re facing.
Eric Pincus of Bleacher Report examines 10 potential trade candidates, including a pair of Trail Blazers centers (Deandre Ayton and Robert Williams), and considers which landing spots are most realistic for them.

Injury Notes: Strus, Embiid, Suggs, Booker, Nets

December 20th, 2024 at 1:17pm CST by Luke Adams

Cavaliers wing Max Strus, who initially hoped to make his season debut last Friday, is being listed as questionable for tonight’s Central Division showdown with the Bucks and has a chance to suit up for the first time this season, writes Chris Fedor of Cleveland.com.

Strus sustained a hip contusion early in the preseason and was nearing a return from that injury when he sprained his right ankle during an individual workout just days before the season opener. He has been recovering from that sprain for the last two months.

“Nine weeks is a very long time,” Strus said on Thursday. “It’s been hard. There’s been definitely dark days. But this is the best team. Best vibes ever been around. These guys have made it easy and kept me involved and kept me around and made sure to reach out at times when I needed it. I’m itching to get back.”

As Fedor writes, Strus’ impending return is coming at a good time, given that the player who replaced him at small forward in the starting five – Isaac Okoro – is now sidelined with an injury of his own. Strus will be on a minutes restriction upon returning, so he may not reclaim his starting role right away, Fedor writes, but there’s excitement within the organization about how he’ll fit in head coach Kenny Atkinson‘s offense.

“It’s been fun to watch from the outside, but also frustrating that I haven’t been able to be a part of it. Hopefully sometime soon I could join the party,” Strus said. “The way we’ve played offense and scored the ball, it’s kind of everything I’ve wanted to do since I’ve been here. We struggled with that last year.”

Here are a few more injury notes from around the NBA:

Sixers star Joel Embiid (sinus fracture) practiced on Wednesday and Thursday and is considered questionable to play on Friday vs. Charlotte, tweets Tim Bontemps of ESPN. The 76ers announced on Monday that Embiid would be reevaluated in one week, but it sounds like he has a good chance to return to the court before that one-week evaluation date.
Magic guard Jalen Suggs sustained an ankle injury on Thursday vs. Oklahoma City, as Jason Beede of The Orlando Sentinel tweets. Suggs injured the ankle late in the first half and started the third quarter, but was pulled after less than four minutes and didn’t play the rest of the night. “As he comes out in the second (half) I just saw there wasn’t a high pace,” head coach Jamahl Mosley explained. “I mean, there were moments of it but I just want to make sure he’s going to be OK for the long haul.” Orlando is already playing without forwards Paolo Banchero and Franz Wagner, so the team will be hoping Suggs doesn’t have to miss much – if any – time.
[UPDATE: Suggs has been listed as probable to play on Saturday vs. Miami, per Beede.]
Suns guard Devin Booker exited Thursday’s game vs. Indiana in the third quarter with left groin tightness and didn’t return, writes Duane Rankin of The Arizona Republic. Booker’s status for Saturday’s game vs. Detroit remains unclear.
Nets guards Cam Thomas (left hamstring strain) and Ziaire Williams (left knee sprain) are making progress in their respective recoveries but aren’t yet cleared for contact, according to head coach Jordi Fernandez (story via Bridget Reilly of The New York Post). “They’ve been able to shoot, and that’s all they’re doing right now,” Fernandez said. “It’s step by step.” Meanwhile, Nets forward Trendon Watford was out for Thursday’s game due to left hamstring soreness — Watford missed the first 13 games of the season due to a left hamstring strain.

Injury Notes: Doncic, Mavs, Barnes, Poeltl, Beal, Wizards, Harris

December 19th, 2024 at 7:00am CST by Luke Adams

Luka Doncic (left heel contusion) has been ruled out for the Mavericks‘ game vs. the Clippers on Thursday, while Kyrie Irving (right shoulder soreness) is questionable to play, writes Grant Afseth of Dallas Hoops Journal (Substack link).

There was some good news on the injury front for Dallas, however, as neither Naji Marshall nor Maxi Kleber is on the injury report for Thursday’s game. Marshall has missed five of the Mavs’ past six games while battling an illness; Kleber was unavailable for the past three due to an illness and a rib injury.

Raptors forward Scottie Barnes was originally expected to miss “several weeks” due to an ankle sprain, but just 10 days after sustaining that injury, he has been upgraded to questionable for Thursday’s game against Brooklyn after fully participating in Wednesday’s practice (Twitter links via Josh Lewenberg of TSN.ca). “I’m so happy that it wasn’t as serious as I thought it was going to be,” Barnes said. In other Raptors injury news, starting center Jakob Poeltl is considered day-to-day with a bilateral groin strain and will miss Thursday’s contest.
After missing the Suns‘ past two games with swelling in his right knee, star guard Bradley Beal “did everything” in practice on Wednesday and the team is “hopeful” he’ll be able to play Thursday against Indiana, according to head coach Mike Budenholzer (story via Duane Rankin of The Arizona Republic). Beal has been listed as probable to suit up.
Wizards guards Malcolm Brogdon, Kyshawn George, and Corey Kispert aren’t on the injury report for Thursday’s game vs. Charlotte and should be available to play, tweets Josh Robbins of The Athletic. Brogdon has been out since December 5 due to a hamstring strain, while both George and Kispert have been recovering from left ankle sprains since Dec. 3.
Magic guard Gary Harris, who has been unavailable since November 25 due to a left hamstring strain, has been upgraded to questionable for Thursday’s game vs. Oklahoma City, notes Jason Beede of The Orlando Sentinel (Twitter link). Harris has been averaging 17.2 minutes per game in his first 16 outings of the season before suffering that injury in his 17th appearance.

Heat Notes: Smith, Butler, Expectations

December 18th, 2024 at 8:00pm CST by Rory Maher

Heat guard Dru Smith, who is on a two-way contract, has become a key rotation player over the past six games in part due to his impressive defense, writes Anthony Chiang of The Miami Herald. The Heat have been substantially better defensively when Smith has been on the court compared to when he’s not.

“I’m trying to bring as much energy as I can on the defensive end, be disruptive and just try to make inspiring plays on the defensive end,” said Smith, who turns 27 on Dec. 30. “And also just take open shots when they’re there. I want to try to do a better job of getting guys easier looks on the offensive end, getting Bam [Adebayo] some easy baskets in pick-and-rolls, things like that. But mainly when I check in, just trying to breathe life into everybody and bring good energy and try to turn a couple games around.”

As Chiang observes, Smith’s traditional statistics over the six-game stretch have been solid if unspectacular, with the third-year guard averaging 7.8 PPG, 3.0 RPG, 2.2 APG and 2.0 SPG on .485/.529/.750 shooting in 25.3 MPG. But Smith, who is a candidate to be promoted to a standard contract, has drawn praise from his All-Star teammates and his head coach for his heady play.

“When you find guys that just do winning things on both ends of the court over and over and over — that can be consistent to that — that’s a superpower in this league,” Spoelstra said of Smith. “Everybody is searching for that, but he’s kind of the glue that fits, and he can make any unit work — the second unit, the starters. So that’s that thing I say, make me watch, make me play you and then make me for sure not even think about putting somebody else in there.”

Here’s more on the Heat:

In an interview with Cyro Asseo de Choch of HoopsHype, Smith admitted his NBA journey has been frustrating at times, particularly the 2022/23 campaign, when he was signed and waived multiple times while on two-way deals with Miami. “Yeah, no, there were plenty of days of frustration,” Smith said. “Just questioning, is this what I’m supposed to be doing? You feel like you’re chasing something that just keeps getting further away. But it was all worth it and just continue. But I’m still in the same position. I’m still here on a two-way, still trying to do the same thing. So, keeping that in mind at the same time, always trying to appreciate my opportunities that I get. I try to take advantage of them to the best of my ability.”
Appearing on NBA Today on Tuesday (Twitter video link), Shams Charania of ESPN referred to Jimmy Butler‘s situation with the Heat as “fluid.” According to Charania, Miami doesn’t feel any urgency to move Butler, but the front office is still open to offers for the star forward, with the Suns and Warriors believed to be his top choices if he does switch teams before the Feb. 6 trade deadline.
Aside from Pelle Larsson and Tyler Herro, just about every other player on the Heat’s standard roster has fallen short of expectations this season, according to Barry Jackson of The Miami Herald, who explains why that has been bad for the team’s on-court product and its ability to improve through trades.

Western Notes: T. Jones, Schröder, Lyles, Thybulle

December 18th, 2024 at 4:01pm CST by Luke Adams

Spurs point guard Tre Jones has been cleared to return to action on Thursday vs. Atlanta after missing the team’s previous six games due to a left shoulder sprain, writes Tom Orsborn of The San Antonio Express-News (subscription required). Having also been sidelined for 12 games earlier this season with an ankle injury, Jones admitted it has been a challenging fall.

“I’ve never sat out this much in this season before, so it’s definitely been tough,” Jones said. “But the guys have kept my spirits up. My family at home have kept my spirits up.”

Jones isn’t the only Spurs regular who has battled injuries this season. Jeremy Sochan, Devin Vassell, Victor Wembanyama, Keldon Johnson, and Zach Collins have all missed multiple games. Assuming San Antonio has better health luck going forward, Jones is optimistic about the team’s rest-of-season outlook.

“We feel like we’re in a great position right now,” Jones said. “We haven’t been necessarily healthy this year either yet, so hopefully we can maintain our health moving forward and we can continue to build. We’ve been throwing out a lot of different lineups and that can work to your advantage when guys are knowing that their name is going to be called. But, at the same time, we want to be able to kind of settle into our roles and what we expected coming into the season and be healthy.”

Here’s more from around the Western Conference:

Dennis Schröder and Draymond Green have had their share of on-court battles in the past, including in Game 6 of the second-round 2023 playoff series when they were hit with double technicals before Schröder’s Lakers eliminated Green’s Warriors (Twitter video link). But there’s no bad blood between them — in fact, playing with Green is one thing Schröder is looking forward to most as he prepares for his Warriors debut, per Dalton Johnson of NBC Sports Bay Area. “I feel really, really excited playing with Draymond,” Schröder said. “Like you guys seen, we were going at it. I knew him before. People were saying, ‘How’s it going to work?’ But we got a good relationship, even before that.”
Kings forward Trey Lyles is confident he’ll be cleared to return on Thursday vs. the Lakers, according to Sean Cunningham of FOX 40 Sacramento (Twitter video link). Lyles has been on the shelf since November 25 due to a right calf strain.
Before he scored 19 points on 8-of-9 shooting vs. Portland on Sunday, Suns point guard Tyus Jones earned praise from Trail Blazers head coach Chauncey Billups, who referred to the situation in Phoenix as “tailor-made” for the veteran guard, according to Duane Rankin of The Arizona Republic. “He’s a big shot-maker when put in those positions, but he knows who he is, more than anything,” Billups said. “He knows who he’s playing with, and that’s what they needed. He’s also a very scrappy defender. He doesn’t get a lot of credit for that, but a lot of teams attack him and go after him, and you got a fight on your hands when you do that. I’m proud and happy for Ty and (the Suns) did it right when they got him.”
Billups provided a minor injury update on Matisse Thybulle on Tuesday, indicating that the injured Trail Blazers forward is doing stand-still shooting on the court but isn’t cleared for contact yet, tweets Sean Highkin of Rose Garden Report. Thybulle’s season debut was delayed due to a right knee issue and he subsequently sprained his right ankle during the rehab process.

Warriors Remain Atop 2024 NBA Franchise Valuations

December 18th, 2024 at 1:08pm CST by Luke Adams

The Warriors remain the NBA’s most valuable team, according to Kurt Badenhausen of Sportico, who unveiled the website’s updated NBA franchise valuations for 2024 on Wednesday.

Badenhausen projects the Warriors’ value at $9.14 billion, making them one of three teams to surpass the $8 billion mark this year. The Knicks have a projected worth of $8.3 billion, while the Lakers come in at $8.07 billion, per Sportico. Only the NFL’s Dallas Cowboys – at $10.3 billion – have a higher valuation than Golden State among North American sports teams, says Badenhausen.

While Sportico’s figures suggest the Warriors, Knicks, and Lakers are worth significantly more than the fourth-place team (the Nets at $5.7 billion), the average value of an NBA franchise is up to $4.6 billion, with no team worth less than $3 billion.

That average has increased by 15% since Sportico released its 2023 valuations last December and has nearly doubled since the site published its first NBA franchise valuations four years ago, when the average was $2.37 billion.

The NBA’s new $77 billion media rights deal and a 15% increase in team sponsorship are among the factors contributing to the rising valuations of the league’s franchises, according to Badenhausen, who notes that a post-COVID boom in concerts and other major events has been good news for team owners who also control their arenas.

NBA team owners operated 10 of the world’s 20 highest-grossing concert venues in 2024, with the Nets’ Barclays Center coming in at No. 1, says Badenhausen. The Nets’ valuation is up 43% this year, per Sportico, easily the largest year-over-year increase among the 30 NBA franchises.

When Forbes put out its NBA franchise valuations in October, it pegged the average value of a team at $4.4 billion. 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 begun highlighting Sportico’s projections as of 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 these 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 2024:

Golden State Warriors: $9.14 billion
New York Knicks: $8.3 billion
Los Angeles Lakers: $8.07 billion
Brooklyn Nets: $5.7 billion
Los Angeles Clippers: $5.68 billion
Boston Celtics: $5.66 billion
Chicago Bulls: $5.56 billion
Miami Heat: $5 billion
Houston Rockets: $4.77 billion
Toronto Raptors: $4.66 billion
Philadelphia 76ers: $4.57 billion
Dallas Mavericks: $4.46 billion
Phoenix Suns: $4.32 billion
Sacramento Kings: $4.11 billion
Atlanta Hawks: $4.07 billion
Denver Nuggets: $4.06 billion
Washington Wizards: $3.98 billion
Cleveland Cavaliers: $3.95 billion
Milwaukee Bucks: $3.91 billion
San Antonio Spurs: $3.79 billion
Indiana Pacers: $3.74 billion
Utah Jazz: $3.67 billion
Portland Trail Blazers: $3.6 billion
Oklahoma City Thunder: $3.55 billion
Orlando Magic: $3.46 billion
Detroit Pistons: $3.45 billion
Charlotte Hornets: $3.39 billion
Minnesota Timberwolves: $3.29 billion
New Orleans Pelicans: $3.09 billion
Memphis Grizzlies: $3.06 billion

As Badenhausen notes, Sportico’s projections are based on a control sale price, rather than limited stake purchases. No NBA franchise saw its majority control change hands in 2024, but that could change in 2025, with control of the Celtics up for sale.

According to Badenhausen, team executives and investors have predicted a sale price ranging from $4.5 billion to $6.5 billion for the Celtics. The final valuation will be determined by a number of factors, including how many bidders are on the mix, what percentage of the team they can buy, and whether current governor Wyc Grousbeck insists on remaining in that role until 2028, which he has indicated is his goal.