Suns Rumors

Suns Waive Jared Butler, Will Keep Jordan Goodwin

Jordan Goodwin has won a training camp battle in Phoenix, according to Shams Charania of ESPN, who reports (via Twitter) that the Suns will retain the 6’3″ combo guard for the 2025/26 regular season.

The Suns claimed Goodwin in July after he was waived by the Lakers, who wanted to create room below the first apron to sign Marcus Smart. In late June, the Lakers picked up their team option on Goodwin’s $2.35MM contract for the upcoming season, which carries a guarantee of just $25K.

Goodwin, who turns 27 years old next week, averaged 5.6 points, 3.9 rebounds, 1.4 assists and 1.0 steal on .438/.382/.818 shooting in 29 games (18.7 minutes per contest) for the Lakers in ’24/25. He also had a strong preseason for Phoenix, averaging 12.5 PPG, 3.3 RPG, 2.3 APG and 1.8 SPG on .462/.389/.700 shooting in four games (19.0 MPG).

This is Goodwin’s second stint with the Suns — the former Saint Louis standout, who is known for his defense, also spent part of ’23/24 with Phoenix prior to being traded to Memphis.

Goodwin’s primary competition for Phoenix’s 14th standard roster spot — the team is only carrying 14 players due its tax situation — was believed to be guard Jared Butler, a four-year veteran who played for the Wizards and Sixers last season. The 25-year-old also had an impressive preseason, averaging 15.5 PPG, 4.3 APG, 3.3 RPG and 1.8 SPG on .471/.353/.667 shooting in four appearances (20.9 MPG).

The Suns have officially requested waivers on Butler and David Duke Jr., the team announced in a press release (Twitter link). Butler’s non-guaranteed training camp deal did not contain Exhibit 10 language, and it’s unclear what his next step will be. Duke’s deal did though, so he’s likely headed to the G League’s Valley Suns to open the season. Duke is another four-year veteran who has played for the Nets and Spurs.

Immediately after waiving Butler and Duke, the Suns signed Nathan Mariano and Sean McDermott to Exhibit 10 deals, tweets Keith Smith of Spotrac. Both players are locks to be waived in the coming hours.

Marino, 22, is a 6’9″ wing. He has spent several seasons playing professionally for Franca in Brazil, his home country.

McDermott, 28, spent time with Memphis on a two-way deal back in 2020/21. The former Butler Bulldog spent a few seasons in the G League with the Memphis Hustle before continuing his career overseas, playing in Italy and Turkey the past two years.

Extensions Not Expected For Hawks’ Young, Suns’ Williams

The Hawks will not sign star point guard Trae Young to an extension before the season begins, league sources tell Fred Katz and Joe Vardon of The Athletic.

The news doesn’t come as a surprise — Jake Fischer reported a couple months ago that the two sides weren’t expected to discuss an extension during the offseason. Katz and Vardon say the Hawks want to see how the new-look roster meshes before making a potential long-term commitment to the four-time All-Star.

Young admitted late last month that he was a little disappointed about entering training camp without an extension in place, but also said he was focused on the present and wouldn’t let the lack of a new deal be a distraction.

Young is coming off a 2024/25 season in which he played 76 games (36.0 minutes per contest) while averaging 24.2 points, a league-high 11.6 assists, 3.1 rebounds and 1.2 steals, with a shooting line of .411/.340/.875.

There’s no real urgency to extend Young from Atlanta’s perspective. While he could become an unrestricted free agent next summer if he declines his player option (worth about $49MM) for 2026/27, he will remain extension-eligible throughout the ’25/26 league year. Signing an in-season extension would also require Young to decline that option.

Whether they sign him to a rookie scale extension before Monday’s deadline or re-sign him as a restricted free agent in 2026, the Hawks feel good about their chances of retaining Most Improved Player winner Dyson Daniels, according to Katz and Vardon.

In other extension news, John Gambadoro of Arizona Sports 98.7 cautions (via Twitter) not to expect a rookie scale deal for Suns center Mark Williams. The former Duke big man has frequently been injured over his first three seasons, appearing in a total of just 106 games, and Phoenix appears likely to use ’25/26 to evaluate his fit after acquiring him in a summer trade with Charlotte.

Fischer reported last week that the Suns were considered unlikely to sign Williams to an extension. If no deal is reached, the 23-year-old would be a restricted free agent next summer, assuming he’s given a qualifying offer.

Injury Notes: Sabonis, George, Williams, Bailey, Vanderbilt

The Kings fell to 0-3 during the preseason on Wednesday with a loss to the Clippers. More concerning than the defeat was the fact that star center Domantas Sabonis exited the game midway through the third quarter and was ultimately ruled out for the rest of the night due to what the team called a right hamstring issue, per Jason Anderson of The Sacramento Bee (subscription required).

Sacramento already projects to be shorthanded in the frontcourt when the regular season begins next week, with forward Keegan Murray sidelined due to thumb surgery. It’s unclear whether or not Sabonis’ injury is serious enough to jeopardize his availability for the start of the season — head coach Doug Christie said after the game that he didn’t have a concrete update yet on the big man’s status.

“Listen, your star player goes down, you never want to see that, period,” Christie said, according to Anderson. “I can’t speculate on what it is. Hopefully it’s nothing. We have some time before the first game, but those are the things you just don’t want to see. But it’s part of what we do. It’s the same thing with Keegan. As unfortunate as it is, it’s just part of our game.”

We have more notes on injuries from around the NBA:

  • Sixers forward Paul George continues to make progress in his recovery from offseason knee surgery. Head coach Nick Nurse told reporters on Wednesday that George has advanced to participating in live, full-court three-on-three drills, as Derek Bodner of PHLY Sports relays (via Twitter). It’s the first time the veteran forward has taken part in live action this fall.
  • There’s a belief in Phoenix that center Mark Williams will be available for opening night after not playing at all in the preseason, says John Gambadoro of Arizona Sports 98.7 FM (Twitter link). The Suns big man has been playing 5-on-5 and will get the opportunity to take part in a few more scrimmages before the team’s opener next Wednesday. Gambadoro adds (via Twitter) that he doesn’t expect Jalen Green (hamstring) to miss more than two or three games at the start of the season unless he experiences another setback.
  • Rookie forward Ace Bailey has been ruled out for the Jazz‘s preseason finale on Thursday due to bilateral knee tendinopathy, tweets Andy Larsen of The Salt Lake Tribune. Head coach Will Hardy downplayed the issue earlier this week, so there’s no indication at this point that Bailey won’t be ready when the regular season tips off next Wednesday.
  • Lakers forward Jarred Vanderbilt was ruled out of the second half of Wednesday’s preseason game vs. Dallas due to a left quad contusion, according to Dan Woike of The Athletic (Twitter link), who says the injury appeared to occur when Vanderbilt got kneed in the thigh. Vanderbilt is hoping to play a key role for L.A. this season after being limited to 65 total outings over the last two regular seasons due to health issues.

Warriors, Lakers Top 2025 NBA Franchise Valuations

The Warriors are still the NBA’s most valuable team, according to Kurt Badenhausen of Sportico, who unveiled the website’s updated NBA franchise valuations for 2025 on Thursday.

Badenhausen projects the Warriors’ value at $11.33 billion, which represents an incredible 24% increase from last year’s $9.14 billion valuation. The NFL’s Dallas Cowboys, at $12.8 billion, continue to be the only global sports franchise whose valuation comes in higher than Golden State’s, according to Sportico’s projections.

As Badenhausen outlines, the Warriors lead the NBA in revenue by a significant margin, having generated an estimated $833MM last season. Golden State makes more than $5MM per game in ticket revenue, along with $2.5MM from luxury suites; the club also has a $45MM per year jersey patch deal with Rakuten, earns almost double what any other team makes in sponsorship revenue, and is one of the few teams to fully own and operate its arena, per Sportico.

After placing third a year ago, the Lakers have jumped to second place on Sportico’s 2025 list at $10 billion, based on Mark Walter‘s recent agreement to purchase the team at that valuation. The Lakers moved slightly ahead of the third-place Knicks, who come in at $9.85 billion.

Every team’s valuation has increased by at least 9% since last year, per Sportico, with the average value of an NBA franchise now at $5.51 billion (up 20% from 2024) and no team worth less than $4 billion.

The average valuation has more than doubled since 2022, when it was $2.58 billion. As Badenhausen writes, the NBA’s new $76 billion media rights deal and its global ambitions – including the possible creation of a league in Europe – have played a part in those gains.

Although the Warriors’ $833MM is something out of an outlier, NBA teams generated an average of approximately $408MM in revenue last season, according to Badenhausen, with the Grizzlies coming in last at $301MM. Memphis also ranks 30th on Sportico’s list of franchise values.

Despite placing at the bottom of this list, the Grizzlies actually had the most significant increase in their franchise valuation this past year, rising from $3.06 billion to $4 billion (31%). The Pelicans (30%), Timberwolves (29%), and Eastern Conference champion Pacers (27%) were the other biggest risers.

Of course, it’s worth noting that figures from Sportico 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 2025:

  1. Golden State Warriors: $11.33 billion
  2. Los Angeles Lakers: $10 billion
  3. New York Knicks: $9.85 billion
  4. Los Angeles Clippers: $6.72 billion
  5. Boston Celtics: $6.35 billion
  6. Brooklyn Nets: $6.22 billion
  7. Chicago Bulls: $6.12 billion
  8. Miami Heat: $6.03 billion
  9. Philadelphia 76ers: $5.61 billion
  10. Houston Rockets: $5.53 billion
  11. Dallas Mavericks: $5.24 billion
  12. Toronto Raptors: $5.22 billion
  13. Phoenix Suns: $5.09 billion
  14. Atlanta Hawks: $5.02 billion
  15. Sacramento Kings: $5 billion
  16. Cleveland Cavaliers: $4.86 billion
  17. Denver Nuggets: $4.8 billion
  18. Washington Wizards: $4.78 billion
  19. Indiana Pacers: $4.76 billion
  20. Milwaukee Bucks: $4.54 billion
  21. San Antonio Spurs: $4.5 billion
  22. Oklahoma City Thunder: $4.34 billion
  23. Utah Jazz: $4.27 billion
  24. Portland Trail Blazers: $4.25 billion
  25. Minnesota Timberwolves: $4.24 billion
  26. Orlando Magic: $4.21 billion
  27. Detroit Pistons: $4.17 billion
  28. Charlotte Hornets: $4.13 billion
  29. New Orleans Pelicans: $4.02 billion
  30. Memphis Grizzlies: $4 billion

As Badenhausen notes, Sportico’s projections are based on a control sale price, rather than limited stake purchases. Controlling shares in the Celtics, Lakers, and Trail Blazers all changed hands this past year, though only the Celtics sale has been formally approved by the NBA so far.

William Chisholm is buying the Celtics in two stages, with an initial valuation of $6.1 billion and a blended valuation of roughly $6.5 billion. Walter is purchasing the Lakers at a valuation of $10 billion, while Tom Dundon is buying the Blazers at a $4.25 billion valuation.

Suns Waive Baugh, Samuel

The Suns have waived Damion Baugh and Tyrese Samuel, the team announced (Twitter link).

Baugh signed an Exhibit 10 deal with the Suns in September, three days before Samuel signed a similar deal, which made him the final player on Phoenix’s 21-man preseason roster.

Baugh, a 6’4″ shooting guard out of Memphis and TCU, played 15 games with the Hornets last season, averaging 7.3 points, 3.7 assists, 3.3 rebounds, and 1.0 steals in 24.7 minutes per game.

Samuel played four years at Seton Hall before spending his age-23 fifth season at Florida in 2023/24. The 6’10” forward played for the Valley Suns in the G League in ’24/25, averaging 10.8 points and 7.3 rebounds in 21.3 minutes per game.

The Valley Suns acquired Baugh’s G League rights not long after he signed his deal with Phoenix, which would indicate that both players are likely to join the affiliate team. They’ll each earn a bonus worth $85,300 if they stay with the Valley Suns for at least 60 days.

Pacific Notes: Butler, Goodwin, Luka, Reaves, Warriors

The Suns came into the preseason carrying 13 players on guaranteed salaries, with Jordan Goodwin on a partially guaranteed deal and Jared Butler on a non-guaranteed contract. Given that Phoenix projects to operate slightly over the luxury tax line even without a 15th man, the expectation was that only one of Goodwin or Butler would make the team. However, both players finished the preseason strong on Tuesday, as Duane Rankin of The Arizona Republic writes.

Earning the start in the Suns’ 113-104 win over the Lakers, Goodwin had 24 points and six assists in 37 minutes of action, with a team-high +14 plus/minus rating. But his fellow starter in the backcourt was even better, as Butler racked up 35 points, nine assists, and seven rebounds in 34 minutes, making 14-of-25 shots from the field, including 5-of-9 three-pointers.

In Rankin’s view, Butler’s spot on the regular season roster is still far from a sure thing. But if he ends up being waived by the Suns, the 25-year-old has certainly shown he deserves consideration for a spot on another NBA roster.

“I’m just still believing in myself, and I’m just hoping that people catch up with the faith that I have in myself,” Butler said after Tuesday’s game (Twitter video link via Rankin).

Here’s more from around the Pacific:

  • It took some time for the shock of his trade out of Dallas to wear off last winter, but as Lakers guard Luka Doncic made his preseason debut on Tuesday, his teammates and coaches suggested that he seems looser and more comfortable with his situation this fall, per Dan Woike of The Athletic. “I think by being in a clearer headspace, and by that I mean just mentally and emotionally in balance, it allows you the freedom to just be yourself,” head coach JJ Redick said of Doncic. “And that gets reflected in his expressions, his interactions with teammates, his interactions with our coaching staff, his desire to toe that line between competition and joy and playfulness that truthfully makes him the special person and player that he is.”
  • Even though Austin Reaves is unlikely to sign an extension with the Lakers ahead of his free agency, he’s still likely to stay in Los Angeles beyond his current contract, according to Keith Smith of Spotrac, who takes a closer look at the guard’s potential earnings going forward. Smith believes a five-year deal that begins in 2026/27 and is worth in the neighborhood of $150MM could make sense for both Reaves and the Lakers.
  • Making an appearance on SiriusXM NBA Radio (SoundCloud link), Warriors general manager Mike Dunleavy Jr. spoke about a handful of topics, including why the team targeted Al Horford in free agency and building a contending roster around aging stars with the long-term view still in mind. “You’re balancing everything,” Dunleavy said. “You’re balancing your future assets, you’re balancing the cap. You’re trying to thread the needle of staying good now and having a chance to be good in the future. That’s the fun and the challenge of this job.”

Jalen Green To Miss Start Of Season With Hamstring Injury

Jalen Green won’t be ready to make his Suns debut when the team’s regular season schedule opens next Wednesday, according to head coach Jordan Ott. Prior to Tuesday’s preseason finale against the Lakers, Ott told reporters – including Duane Rankin of The Arizona Republic – that Green aggravated the hamstring injury he sustained early in training camp.

“We all know the soft tissue injuries are really hard to see exactly the progress,” Ott said. “Obviously it’s frustrating, but this is all part of it. Thankfully we caught it early, it’s not that serious, but he wants to be out there. New teammates, new system. There’s just other ways. We’re going to have to speed him up. That’s the reality of it. He did a great job in the China trip hanging in there with us.”

Ott initially described Green’s injury in early October as a “low grade” hamstring strain. The reaggravation occurred during the team’s trip to China for a pair of exhibition games against Brooklyn, preventing the newly acquired guard from suiting up in any of Phoenix’s four preseason contests.

Green will be reevaluated in 10 days, Ott said on Tuesday. That means he’ll miss the team’s regular season opener against Sacramento next Wednesday, but might have a chance to play in one game of a back-to-back set next Friday and Saturday against the Clippers and Nuggets.

Green spent the first four years of his NBA career in Houston before being sent to Phoenix along with Dillon Brooks in the blockbuster Kevin Durant trade over the summer. Injuries were rarely an issue for the former No. 2 overall pick during his time as a Rocket — he has appeared in all 82 regular season games in each of the past two seasons and hasn’t missed a game since February 2023.

Suns center Mark Williams also didn’t play in any of the club’s four preseason contests, but that was part of a plan designed to ramp him up for the start of the regular season. He has been playing live 5-on-5, Ott said on Tuesday, per Rankin.

While they rested some of their regulars on Tuesday, the Suns have been rolling with a starting lineup of Devin Booker, Brooks, Grayson Allen, Ryan Dunn, and Oso Ighodaro for most of the preseason. Williams would presumably replace Ighodaro if he’s ready to go for the start of the season, while Green would likely step in for either Allen or Dunn once he’s cleared to return.

Mat Ishbia Countersues Suns’ Minority Shareholders

Suns owner Mat Ishbia has filed a countersuit against a pair of minority owners who sued Ishbia and the team earlier this year, according to Mike Vorkunov of The Athletic.

That original suit, which was brought forth in August by Andy Kohlberg (Kisco WC Sports) and Scott Seldin (Kent Circle Investments), alleged that Ishbia wasn’t allowing them to view records and financial information that would help them understand how the franchise is being run and how much their shares are worth. Kohlberg and Seldin, expressing dissatisfaction with Ishbia’s management of the team, were reportedly seeking a buyout from the majority owner at a price point of $825MM, which would value the Suns at $6 billion.

Ishbia, who bought the Suns in 2023 at a valuation of $4 billion, offered to buy out the team’s minority owners when he took over control of the franchise and says that Kohlberg and Seldin were the only ones who passed on the offer.

Ishbia’s new suit states that he has invested significantly in the Suns and the WNBA’s Phoenix Mercury since buying the team and sought funds on a capital call in June to “cover payroll, luxury tax payments and other near-term obligations,” per Vorkunov. The suit also alleges that Kohlberg and Seldin didn’t want to invest during that round of fundraising and that their lawsuit was part of a negative PR campaign against Ishbia as they sought a buyout from him at an “extortionate” cost.

“When Mat Ishbia bought the Suns and Mercury, he couldn’t have been clearer with investors: he was going to invest in the teams, the fans, and the community,” an Ishbia spokesperson said in a statement. “Every investor had the choice at that point — sell at premium or stay in and invest alongside him. Andy Kohlberg and Scott Seldin want it both ways. They don’t want to invest in the teams, but they are demanding a payday significantly higher than what Mat originally offered, which was still over 20 times their original investment. That’s not how it works, and we’re confident we’ll prevail in court.”

There has been no shortage of legal battles in Phoenix since Ishbia took over the team. Outside of this dispute between the team’s investors, several former employees have filed lawsuits against the Suns, alleging discrimination, harassment, and wrongful termination, per Vorkunov. Ishbia said at media day that he wasn’t looking to settle those suits.

“The truth is, you actually got to win a lawsuit,” he said. “And where I’m different than most successful people … is like, we don’t settle. If we don’t do anything wrong, I’m not paying someone. I hope you guys all report on how many lawsuits we actually lose.”

Northwest Notes: Williams, Sharpe, Nuggets, Bailey

Thunder forward Jalen Williams, who is making his way back from surgery to address a torn scapholunate ligament in his right wrist, still isn’t shooting jumpers with that right hand, according to ESPN’s Tim MacMahon (Twitter link).

The Thunder have been cagey about Williams’ recovery timeline and haven’t indicated whether or not they expect him to available when their regular season begins later this month. Asked about Williams’ status on Thursday, head coach Mark Daigneault declined to offer any specifics.

“He’s progressing on a normal timeline,” Daigneault said (YouTube link). “… He’s where he should be.”

We have more from around the Northwest:

  • Amid rumors that he could command a rookie scale extension worth north of $100MM over four years, Trail Blazers guard Shaedon Sharpe kicked off the preseason in impressive fashion on Wednesday, scoring 22 points on 9-of-15 shooting and grabbing six rebounds in just 23 minutes of action. “He just looked very under control at all times,” head coach Chauncey Billups said of Sharpe, per Sean Highkin of Rose Garden Report (Substack link). “Got to where he wanted to get to. I thought defensively, he was good. He went in and got some really good rebounds for us. I think Shaedon can be an exceptional rebounder with his physical gifts. He played a good game.”
  • Nuggets newcomer Cameron Johnson has played a pretty modest offensive role in his first two preseason games with the team, scoring just 13 points on nine total shot attempts. Head coach David Adelman isn’t worried about that, as Bennett Durando of The Denver Post relays. “We’re just getting him comfortable,” Adelman said on Thursday. “And Cam is one of those guys that plays for his teammates sometimes instead of force-feeding himself into the action. … We’ve gotta get him to his right hand more. I haven’t put in pet plays for him yet. But we’ll get there for sure. He’s a really special player in that you can plug and play him in a lot of ways.”
  • In a separate story for The Denver Post, Durando spoke to some of Bruce Brown‘s former coaches to get a sense of why he and the Nuggets have been such a perfect match for one another. Durando also reports within the story that Brown drew interest this offseason from the Lakers and Suns, among other teams, before agreeing to return to Denver.
  • The Jazz lost to Houston in their preseason opener on Wednesday, but rookie forward Ace Bailey poured in 25 points on 11-of-16 shooting while also chipping in six rebounds, three assists, and a pair of steals. Rockets forward Kevin Durant was among those who came away impressed by the No. 5 overall pick, per Andy Larsen of The Salt Lake Tribune. “Dynamic player. I think he’s going to be a hell of a player,” Durant said. “I love the coaching staff that he’s with. I love that he got drafted to Utah; they’ve got a good development program over there that I’m looking forward to seeing how he progresses. I’m expecting a big year from him and a big career.”

Fischer’s Latest: Braun, M. Williams, Kessler, Markkanen, Love

As was the case a year ago, some of the players eligible for rookie scale extensions this fall are seeking new deals with an average annual value of $30MM, according to Jake Fischer of The Stein Line (Substack link).

One of those players, Fischer writes, is Nuggets wing Christian Braun. League sources who have spoken to Fischer suggest that the low end of an extension for Braun could be in the neighborhood of $25MM annually.

Braun, 24, made a strong case for a lucrative new contract in his first season as a full-time starter in 2024/25, averaging 15.4 points, 5.2 rebounds, 2.6 assists, and 1.1 steals in 33.9 minutes per game. All of those numbers were career highs, as were his shooting percentages of 58.0% from the floor, 39.7% on three-pointers, and 82.7% from the free throw line.

While Braun is a viable candidate for a new deal ahead of the October 20 deadline, teammate Peyton Watson appears unlikely to be extended before the season, according to Fischer, who explains that Denver’s cap and tax situation going forward will make the club reluctant to lock in too many role players on guaranteed multiyear deals.

Here’s more from Fischer:

  • The Suns aren’t considered likely to work out a rookie scale extension with center Mark Williams this month, Fischer reports. Sources tell The Stein Line that Phoenix would prefer to continue evaluating Williams during the 2025/26 season and see whether he can have a healthier year after not playing more than 44 games in any of his first three NBA seasons. The big man would be a restricted free agent next summer.
  • Confirming a prior report from The Athletic, Fischer writes that the Jazz and Walker Kessler have no momentum toward a rookie scale extension and that the young center is expected to become a restricted free agent in 2026. Not extending Kessler now would also make him easier to trade during the season if Utah decides to go in that direction. The Lakers have repeatedly been identified as a team with interest, and Fischer hears the Suns eyed Kessler before trading for Williams in June.
  • While the Jazz remain open to listening to inquiries on Lauri Markkanen, they’re not actively looking to move the standout forward, says Fischer. In the short term, Kevin Love is the more obvious trade candidate in Utah, Fischer continues, observing that Love’s 20-minute stint in Wednesday’s preseason opener had teams wondering if the Jazz were trying to showcase him for potential suitors. While I’d be surprised if Utah is able to get anything for Love on the trade market, finding a team willing to sign him to a minimum-salary contract could benefit the Jazz, since he’d be more inclined to give up money in a buyout if he has a new destination lined up.