Suns Rumors

Forbes Releases 2020 NBA Franchise Valuations

The Knicks have had a miserable 12 months, finishing the 2018/19 season with a league-worst 17 wins, missing out on their top free agent targets, and then firing head coach David Fizdale and president of basketball operations Steve Mills during the 2019/20 season.

None of that seems to have had a noticeable impact on the team’s market value though. Once again, the franchise is considered the most valuable of any of the NBA’s 30 clubs, according to a report from Kurt Badenhausen of Forbes. The Lakers and Warriors aren’t far behind, having both surpassed the $4 billion mark for the first time this year.

For the first time, all 30 NBA teams have a perceived worth of $1.3 billion or more, per Forbes’ annual report. Every team’s value increased by at least 6% since Forbes put out their 2019 valuations last February, with a handful of franchises jumping by 20% or more.

The NBA-wide average of $2.12 billion per team in 2020 is also a new record — that league-wide average surpassed the $2 billion mark for the first time. NBA franchise values are up almost sixfold over the last decade, according to Badenhausen.

Here’s the full list of NBA franchise valuations, per Forbes:

  1. New York Knicks: $4.6 billion
  2. Los Angeles Lakers: $4.4 billion
  3. Golden State Warriors: $4.3 billion
  4. Chicago Bulls: $3.2 billion
  5. Boston Celtics: $3.1 billion
  6. Los Angeles Clippers: $2.6 billion
  7. Brooklyn Nets: $2.5 billion
  8. Houston Rockets: $2.475 billion
  9. Dallas Mavericks: $2.4 billion
  10. Toronto Raptors: $2.1 billion
  11. Philadelphia 76ers: $2 billion
  12. Miami Heat: $1.95 billion
  13. Portland Trail Blazers: $1.85 billion
  14. San Antonio Spurs: $1.8 billion
  15. Sacramento Kings: $1.775 billion
  16. Washington Wizards: $1.75 billion
  17. Phoenix Suns: $1.625 billion
  18. Denver Nuggets: $1.6 billion
  19. Milwaukee Bucks: $1.58 billion
  20. Oklahoma City Thunder: $1.575 billion
  21. Utah Jazz: $1.55 billion
  22. Indiana Pacers: $1.525 billion
  23. Atlanta Hawks: $1.52 billion
  24. Cleveland Cavaliers: $1.51 billion
  25. Charlotte Hornets: $1.5 billion
  26. Detroit Pistons: $1.45 billion
  27. Orlando Magic: $1.43 billion
  28. Minnesota Timberwolves: $1.375 billion
  29. New Orleans Pelicans: $1.35 billion
  30. Memphis Grizzlies: $1.3 billion

The Raptors are among this year’s big “winners,” with their value rising 25%, from $1.675 billion a year ago to $2.1 billion this year following their first NBA championship. The Clippers also had a noteworthy bump, moving from ninth place on Forbes’ list to sixth after landing Kawhi Leonard and Paul George last summer.

Although every franchise’s value increased, the Nets had the smallest jump, just 6%. The Magic‘s modest 8% increase resulted in the team slipping from 23rd on last year’s list to 27th this year.

It’s worth noting that when a franchise has been sold in recent years, the price often exceeds Forbes’ valuation, so these figures are just estimates.

Suns Waive Tyler Johnson

FEBRUARY 10: The Suns have officially released Johnson, the team confirmed today in a press release.

FEBRUARY 9: The Suns are waiving guard Tyler Johnson, freeing up a roster spot to use in free agency, according to ESPN’s Adrian Wojnarowski.

Johnson, who has averaged 5.7 points, 1.6 assists and 16.6 minutes in 31 games this season, will become an unrestricted free agent upon clearing waivers. He has missed the last four games with knee soreness and saw his minutes decline in recent weeks. The Suns planned to move on from him after the season and didn’t have a concrete role for him going forward, according to Wojnarowski,

The 27-year-old went undrafted back in 2014 and holds previous experience with the Heat. His best season with Miami came during the 2016/17 campaign where he averaged 13.7 points and four assists per contest, earning a four-year, $50MM deal during the summer.

The Suns have the third-worst record in the Western Conference at 21-32, going 3-7 in their last 10 games. They have upcoming games against the Lakers on Monday and Warriors on Wednesday.

USA Basketball Announces 44 Finalists For 2020 Olympic Roster

USA Basketball has formally announced a preliminary group of 44 players who are candidates to be part of the program’s roster for the 2020 Olympics in Tokyo.

The final roster will only consist of 12 players, so most of these finalists won’t actually play for Team USA at the Olympics. Some will likely withdraw from consideration, while others simply won’t make the final cut. However, these players have all expressed interest in being involved in the process.

“This is the first step in USA Basketball identifying the 12 players who will represent the United States as members of the 2020 U.S. Olympic Men’s Basketball Team in Tokyo,” said USA Basketball managing director Jerry Colangelo.

“… Over the course of the remainder of the NBA season we’ll continue to monitor all of the athletes. Selecting the 12-man USA roster will obviously be an extremely challenging and difficult process, and we will again attempt to select the very best team possible to represent our country and who we hope will be successful in our difficult mission of repeating as Olympic champions for a fourth consecutive Olympics.”

Although the U.S. men’s team has won three consecutive Olympic gold medals, the program had a disappointing showing at last year’s World Cup, finishing in seventh place. Team USA will be looking for a bounce-back performance in Tokyo this summer, with many players from that World Cup squad among the 44 finalists announced today.

Here’s the full list of players who are candidates to play for Team USA at the 2020 Olympics:

  1. Bam Adebayo (Heat)
  2. LaMarcus Aldridge (Spurs)
  3. Harrison Barnes (Kings)
  4. Bradley Beal (Wizards)
  5. Devin Booker (Suns)
  6. Malcolm Brogdon (Pacers)
  7. Jaylen Brown (Celtics)
  8. Jimmy Butler (Heat)
  9. Mike Conley (Jazz)
  10. Stephen Curry (Warriors)
  11. Anthony Davis (Lakers)
  12. DeMar DeRozan (Spurs)
  13. Andre Drummond (Cavaliers)
  14. Kevin Durant (Nets)
  15. Paul George (Clippers)
  16. Draymond Green (Warriors)
  17. James Harden (Rockets)
  18. Montrezl Harrell (Clippers)
  19. Joe Harris (Nets)
  20. Tobias Harris (76ers)
  21. Gordon Hayward (Celtics)
  22. Dwight Howard (Lakers)
  23. Brandon Ingram (Pelicans)
  24. Kyrie Irving (Nets)
  25. LeBron James (Lakers)
  26. Kyle Kuzma (Lakers)
  27. Kawhi Leonard (Clippers)
  28. Damian Lillard (Blazers)
  29. Brook Lopez (Bucks)
  30. Kevin Love (Cavaliers)
  31. Kyle Lowry (Raptors)
  32. JaVale McGee (Lakers)
  33. Khris Middleton (Bucks)
  34. Donovan Mitchell (Jazz)
  35. Victor Oladipo (Pacers)
  36. Chris Paul (Thunder)
  37. Mason Plumlee (Nuggets)
  38. Marcus Smart (Celtics)
  39. Jayson Tatum (Celtics)
  40. Klay Thompson (Warriors)
  41. Myles Turner (Pacers)
  42. Kemba Walker (Celtics)
  43. Russell Westbrook (Rockets)
  44. Derrick White (Spurs)

And-Ones: Free Agency, Goodwin, Robinson, Brown

An active 2020 trade deadline has likely watered down the free-agent market this summer, a pattern far from the norm after a combined $4 billion was spent on more than 150 players last July, Bobby Marks of ESPN.com explores.

There were a total of 12 trades within the 48-hour window of the trade deadline this year, with high-profile players such as D’Angelo Russell, Andre Drummond, Andrew Wiggins and Clint Capela switching teams.

As Marks notes, the 2020 free agency class is projected to be mediocre for the most part. The Knicks could have upwards of $50MM to spend (though they’ll likely wait until the following summer for stronger talent), with the Hawks, Pistons, Hornets, Suns, and Heat also set to have north of $20MM.

Beyond Anthony Davis, some of the top unrestricted free agents this summer include Fred VanVleet, Montrezl Harrell, Danilo Gallinari and Serge Ibaka. Drummond ($28.7MM), DeMar DeRozan ($27.7MM) and Evan Fournier ($17MM) all have player options in their contracts, while Brandon Ingram and Bogdan Bogdanovic are set to enter restricted free agency.

Here are some other odds and ends from around the basketball world:

  • Free agent guard Archie Goodwin has signed in Germany with Ratiopharm Ulm, the team announced, as relayed by Sportando. Goodwin, 25, holds NBA experience with the Suns, Pelicans and Nets, most recently playing in Turkey. Goodwin was drafted with the No. 29 overall pick by Oklahoma City back in 2013.
  • Former NBA forward Thomas Robinson has signed in Russia with BC Khimki, the team announced on social media. Robinson signed a one-month deal with an extension until the end of the season. The 28-year-old has played for Sacramento, Houston, Portland, Philadelphia, Brooklyn and Los Angeles across his professional career, spending time with the Spurs during summer league in 2019.
  • Warriors associate head coach Mike Brown has agreed to be the head coach of the Nigerian men’s basketball team, according to Marc J. Spears of ESPN’s The Undefeated (Twitter link). Brown will coach Nigeria during the 2020 Tokyo Olympics this summer, with Nigeria BB president Musa Kida reportedly looking for a high-profile coach that holds NBA experience.

Pacific Notes: Suns, Collison, Green, Holmes

Suns general manager James Jones defended his lack of moves at the trade deadline this past Thursday to The Athletic’s Gina Mizell. “I just felt that we’re building, and I didn’t want to disrupt the continuity,” Jones said. “That’s generally why we didn’t make a move. Our guys are getting better. They’re still developing.”

The Suns are currently seeded 13th in the Western Conference with a 21-32 record. They have not made the NBA playoffs since 2010.

There’s more out of the Pacific Division:

  • Before Darren Collison observed a Lakers-Rockets Staples Center contest on Thursday next to team owner Jeanie Buss, he had already been in contact with some important LA personnel, according to Broderick Turner of the Los Angeles Times. Anthony Davis and executive director of special projects Linda Rambis both spoke with Collison once word broke that the point guard was considering returning to the NBA, following his abrupt retirement in the summer of 2019.
  • Warriors forward Draymond Green joined ESPN’s The Jump on their ABC pregame show last night to discuss the team’s disappointing season (Twitter link). “It’s been [really] fun for me trying to mentor these guys,” Green told Rachel Nichols, Tracy McGrady and Richard Jefferson. He also discussed the team’s addition of pricey wing Andrew Wiggins from Minnesota. “He’s athletic, he can run the floor, he can score the basketball,” Green noted (Twitter link).
  • Injured Kings center Richaun Holmes has been participating in portions of the team’s practices this week, including taking some contact, according to a Kings team statement. An injury to the right shoulder joint has held Holmes out of game action since January 7.

NBA G League Assignments/Recalls: 2/7/20

Here are Friday’s G League assignments and recalls from around the league:

  • The Wizards assigned forward Admiral Schofield to the Capital City Go-Go for a practice and then recalled him and center Anzejs Pasecniks, according to the team’s PR department (Twitter links). Both were available for the team’s home game against Dallas on Friday.
  • The Kings assigned center Eric Mika to their affiliate in Stockton, according to the G League transactions log. The former BYU standout has appeared in just one NBA game this season.
  • The Spurs assigned big man Chimezie Metu and swingman Keldon Johnson to their Austin affiliate, according to G League log. Metu, a second-year power forward, has appeared in 15 games with San Antonio this season while Johnson’s, a first-round pick last June, has appeared in four NBA games.
  • The Celtics assigned rookie guard Carsen Edwards to the Maine Red Claws, according to the G League log. The point guard has played 31 games with Boston this season.
  • The Suns assigned Jalen Lecque to their North Arizona affiliate, according to the G League log. The rookie point man has seen action in three NBA games.
  • The Warriors recalled forward Alen Smailagić from their Santa Cruz affiliate, according to a team press release. The rookie forward has appeared in nine games for Golden State, averaging 4.7 PPG and 2.4 RPG in 10.3 MPG.

Deadline Rumors: Warriors, Oubre, Valentine, J. Robinson

The Warriors remain in the market for further deals after reaching agreement on a trade that sends D’Angelo Russell to Minnesota for Andrew Wiggins, tweets Monte Poole of NBC Sports Bay Area. If nothing else happens today, more roster shake-up is expected this summer.

Antony Slater of the Athletic notes that Golden State has traded six of the 14 players on its roster in the past two weeks (Twitter link). In addition to Russell, Willie Cauley-Stein, Alec Burks, Glenn Robinson III, Omari Spellman and Jacob Evans have all found new homes.

There’s more deadline-related news to pass along:

  • The Suns are listening to offers for Kelly Oubre, but aren’t close to making a deal, tweets Marc Stein of The New York Post. The Magic are among the teams that have made a call to Phoenix.
  • The Bulls aren’t any closer to trading Denzel Valentine, relays K.C. Johnson of NBC Sports Chicago, (Twitter link).
  • The Wizards are hoping to acquire Jerome Robinson from the Clippers, tweets David Aldridge of TNT. They liked Robinson in the 2018 draft, but he wound up in L.A.
  • The Knicks contacted the Pacers about point guard Aaron Holiday, according to Ian Begley of SNY.tv. The attempt was made before Steve Mills was fired as team president, and it’s unclear if there has been any more discussion. Indiana reportedly brought up veteran forward Marcus Morris, who is headed to the Clippers, as part of the return.

Pistons, Suns Hit Snag On Proposed Luke Kennard Deal

Trade talks between the Pistons and Suns involving Luke Kennard are on hold because the teams haven’t been able to agree on the level of protection for a first-round draft pick, tweets ESPN’s Adrian Wojnarowski.

Phoenix appeared set to send a first-rounder to the Pistons in exchange for the 23-year-old sharpshooter, who is averaging a career-high 15.8 points and 4.1 assists through 28 games and hitting at a 39.9% clip beyond the arc. Young guards Jevon Carter and Elie Okobo were mentioned as possible trade chips heading to Detroit to help match Kennard’s $3.8MM salary.

The terms of the draft pick appear to be the only thing blocking the deal, and the teams have until 3:00 pm Eastern time on Thursday to resolve the issue. However, Detroit has started talking to other teams about Kennard, according to Vincent Ellis of The Detroit Free Press (Twitter link).

The Suns rank 12th in our current Reverse Standings, but could easily take several steps up or down the draft order.

Suns Taking Calls About Kelly Oubre

The Suns are receiving calls from teams interested in forward Kelly Oubre, tweets Marc Stein of The New York Times.

Stein doesn’t identify any of the teams that have inquired about Oubre or speculate about what Phoenix might want in return. The asking price figures to be steep, as the 24-year-old small forward is having a breakout year in his first full season in Phoenix, averaging career highs with 18.5 points and 6.7 rebounds per game while shooting 34.6% from 3-point range.

Oubre is making $15.625MM this season and is under contract for $14.375MM in 2020/21. The Suns acquired him from the Wizards in December of 2018 along with Austin Rivers in a trade that sent Trevor Ariza to Washington.

Trade Rumors: Wolves, Wizards, Kennard, Valentine, Burks, More

Timberwolves forward Robert Covington has been one of the most-discussed trade candidates leading up to this year’s deadline, and looks like one of the likeliest players to be on the move. While star teammate Karl-Anthony Towns will understand if Covington is dealt, he admitted in a conversation with Sam Amick of The Athletic and Chris Hine of The Star Tribune that he’s not thrilled by the idea.

“I think it’s very obvious he’s my best friend on the team, so it would be very difficult if something like that was going to happen,” Towns said of Covington. “But like with Zach LaVine (traded from the Timberwolves to Chicago in 2017) , you know this is a business. So like I said, I’m the one who just plays the game. I don’t get paid to make rosters and stuff like that.”

As Amick and Hine note, Towns said it’s not his job to make roster decisions and expressed confidence in Timberwolves president of basketball operations Gersson Rosas to make those calls. Still, given how aggressively the front office has pursued D’Angelo Russell, one of Towns’ best friends, it’ll be interesting to see if the team is willing to part with Covington – another one of KAT’s good friends – if there’s no guarantee that doing so will land D-Lo in Minnesota.

“I don’t get paid to make those decisions,” the Timberwolves’ franchise player said. “Those are tough decisions, but here’s to hoping that I see Cov on Friday, I guess. … He’s a great guy, a great dude. He’s a great player. He’s helped me tremendously and he’s continuing to help me every day. He just gives me such comfort out there.”

Here are more trade rumors from around the NBA:

  • As first referenced by ESPN’s Brian Windhorst, the Wizards have expressed interest in Cavaliers big man Tristan Thompson, confirms Candace Buckner of The Washington Post (via Twitter). If the Wizards were to make a move for Thompson, it would be with an eye toward the future, since they’d hold his Bird rights, Buckner notes.
  • Vince Ellis of The Detroit Free Press confirms that that the Pistons are open to moving Luke Kennard if the price is right. However, in the wake of rumors that the Suns are discussing a trade for the third-year sharpshooter, Ellis reports that no deal appears imminent and that Detroit isn’t worried about the possible price tag on a Kennard extension if he remains with the Pistons.
  • Two rival executives view the Sixers and Grizzlies as possible landing spots for Bulls trade candidate Denzel Valentine, according to K.C. Johnson of The Chicago Tribune.
  • The Mavericks have real interest in Warriors guard Alec Burks, a source tells Chris Crouse of Hoops Rumors (Twitter link). Dallas and Golden State have already made one trade this season, with Willie Cauley-Stein sent to the Mavs last month.
  • ESPN’s Adrian Wojnarowski takes a look at the trade talks involving the Timberwolves, Warriors, Rockets, and Hawks, with the Wolves trying to orchestrate a multi-team deal that would send D’Angelo Russell to Minnesota. Kevin O’Connor of The Ringer had details earlier on those discussions, with both Woj and O’Connor agreeing that there’s still a gulf between Minnesota and Golden State.