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Warriors, Knicks, Lakers Top Latest NBA Franchise Valuations

December 13th, 2023 at 2:06pm CST by Luke Adams

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:

Golden State Warriors: $8.28 billion
New York Knicks: $7.43 billion
Los Angeles Lakers: $7.34 billion
Boston Celtics: $5.12 billion
Chicago Bulls: $4.83 billion
Los Angeles Clippers: $4.56 billion
Miami Heat: $4.17 billion
Philadelphia 76ers: $4.13 billion
Toronto Raptors: $4.11 billion
Houston Rockets: $4.05 billion
Dallas Mavericks: $4.03 billion
Phoenix Suns: $4 billion
Brooklyn Nets: $3.98 billion
Sacramento Kings: $3.46 billion
Denver Nuggets: $3.4 billion
Atlanta Hawks: $3.35 billion
Washington Wizards: $3.33 billion
San Antonio Spurs: $3.29 billion
Portland Trail Blazers: $3.28 billion
Indiana Pacers: $3.27 billion
Utah Jazz: $3.24 billion
Cleveland Cavaliers: $3.22 billion
Milwaukee Bucks: $3.2 billion
Orlando Magic: $3.12 billion
Detroit Pistons: $3.1 billion
Oklahoma City Thunder: $3.08 billion
Charlotte Hornets: $3 billion
Minnesota Timberwolves: $2.94 billion
Memphis Grizzlies: $2.82 billion
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 Mavericks‘ reported 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.

Draymond Green Likely Facing Another Suspension Following Tuesday Ejection

December 13th, 2023 at 7:15am CST by Luke Adams

Warriors forward Draymond Green was ejected from a game for the third time this season on Tuesday, earning a flagrant 2 foul for striking Suns center Jusuf Nurkic in the head during the third quarter of Phoenix’s win (Twitter video link via TSN Sports).

The NBA is expected to review the incident before the Warriors’ game against the Clippers on Thursday and will likely suspend Green for a second time this fall, according to Anthony Slater and Marcus Thompson II of The Athletic. The former Defensive Player of the Year was previously suspended five games for putting Rudy Gobert in a headlock, with the league citing Green’s “history of unsportsmanlike acts” when announcing that penalty.

“I am not one to apologize for things I mean to do, but I do apologize to Jusuf because I didn’t intend to hit him,” Green said after the game, per Kendra Andrews of ESPN. “I sell calls with my arms … so I was selling the call … and I swung and unfortunately I hit him.

“… You guys have known me long enough, if I intended to do something, I am not apologizing. But I did make contact with him, so I do apologize. … It’s a hard hit.”

Although the blow sent Nurkic to the floor, the big man was able to finish the game. After the victory, he told reporters that the play had “nothing to do with basketball,” while Suns head coach Frank Vogel referred to it as “reckless (and) dangerous,” according to Andrews.

“I’m sensitive to our guys getting hit on plays like that,” Vogel said. “I didn’t like it. The refs did what they had to do. The league will do what they have to do.”

Another suspension for Green could result in more playing time for young players like Jonathan Kuminga, Moses Moody, and perhaps Trayce Jackson-Davis, as well as veterans Dario Saric and Kevon Looney.

Both Kuminga and Saric, as well as rookie Brandin Podziemski, were part of Golden State’s closing lineup on Tuesday, alongside Stephen Curry and Chris Paul, with Green unavailable and starters Klay Thompson, Andrew Wiggins, and Looney on the bench.

Thompson, whose scoring and shooting numbers this season are well below his career norms, told reporters after the game that it was “strange” to be benched down the stretch, but he didn’t question head coach Steve Kerr‘s decision.

“I played like crap,” Thompson said, per Andrews. “If you’ve ever played basketball before, you know what you are capable of. You always want to be out there competing. That’s just facts … but I deserved to be benched. I’ve been playing like crap. Twenty games in, I haven’t found a rhythm.”

Atlantic Notes: Bridges, Johnson, Grimes, Quickley, Winslow

December 12th, 2023 at 10:50pm CST by Dana Gauruder

Mikal Bridges and Cameron Johnson, two of the players the Nets acquired in the Kevin Durant blockbuster with the Suns last season, will play in Phoenix against their former team on Wednesday.

Bridges is looking forward to it.

“Yeah, excited. Just a lot of years there, a lot of friends there. A lot of fans through the whole journey. It’s going to be exciting,” Bridges told Brian Lewis of the New York Post. “Obviously I’m not excited right now to talk about it, but when it comes, I will. But just get ready, main focus is to go out there and get a win.”

Johnson echoed those comments.

“I’m excited. It’s appreciation you gain for a city and for the fans when you play there for a while,” he said. “And as crazy as it is, you don’t know. That last game I played there, I didn’t know it’d be my last game in a Suns uniform. So it’ll be fun.”

We have more from the Atlantic Division:

Knicks guard Quentin Grimes was moved to the second unit and he’s thriving off the bench. In the last two games, he has averaged 16 points on 10.5 shot attempts. “I’m just out there playing free, really,” he told Zach Braziller of the New York Post. “Everybody sees it, just from me going out there, playing with guys trying to get me open shots. It’s easy and fun playing out with the second unit for sure.”
Knicks guard Immanuel Quickley is listed as questionable with knee inflammation for Wednesday’s game vs. Utah, Stefan Bondy of the New York Post tweets. He didn’t play against Toronto on Monday.
Justise Winslow, who is trying to work his way back into the league, debuted for the Raptors’ G League affiliate, Raptors 905, on Tuesday, NBA G League tweets. He scored 13 points in 16 minutes. Winslow was waived by Toronto during training camp.

Pacific Notes: Beal, Durant, Paul, Thompson, Tucker, Lakers

December 11th, 2023 at 9:50pm CST by Dana Gauruder

Suns wing Bradley Beal will be in action for just the fourth time this season when Phoenix faces Golden State on Tuesday. He hasn’t played since Nov. 12 due to a back injury.

“I’m excited,” Beal told Duane Rankin of the Arizona Republic after Monday’s practice. “It’s been a process for sure. It’s been a game of patience, but definitely ready.”

However, it’s not a given that the team’s big three will all be in action at the same time. Kevin Durant is listed as questionable with a left ankle sprain. Beal will be playing with Devin Booker for the first time.

“I’m beyond excited (to play with Booker),” Beal said. “He’s playing at an elite level right now. It was tough the last couple of games just seeing him double teamed, triple teamed.”

Grayson Allen is listed as out due to a groin injury.

We have more from the Pacific Division:

The Warriors’ Chris Paul and Klay Thompson are expected to play on Tuesday, Anthony Slater of The Athletic tweets. Paul missed the last game with an illness and Thompson sat out Sunday’s practice because he was under the weather. Both practiced on Monday in Phoenix.
P.J. Tucker has seen his playing time evaporate with the Clippers and it might be tough for him to break into the rotation again, Law Murray of The Athletic opines. Murray notes that Tucker lacks the height to deal with most big men, the athleticism to deal with most guards, and the offensive punch to be a helpful wing at this stage of his career. The Athletic’s Shams Charania reported on Monday that numerous contenders are looking at potentially acquiring Tucker.
The Lakers will hang an in-season tournament championship banner from the rafters. It will be unveiled Dec. 18 and will feature a different shape and color than the team’s 17 NBA championship banners, Marc Stein tweets.

NBA Announces All-Tournament Team

December 11th, 2023 at 12:29pm CST by Rory Maher

The All-Tournament Team of the NBA’s inaugural in-season tournament features Giannis Antetokounmpo (Bucks), Kevin Durant (Suns), Tyrese Haliburton (Pacers), LeBron James and Anthony Davis (both of the Lakers), the league announced on Monday (via Twitter).

According to the NBA (Twitter link), the All-Tournament Team was selected by the media based on performance in both group play and the knockout rounds, with players chosen without regard to position. The full list of players receiving votes and the voters themselves can be found right here.

Antetokounmpo, Haliburton, James and Davis were all unanimous selections, which isn’t surprising considering their excellent play and how far they advanced in the tournament. The Lakers beat the Pacers in the final, with James claiming tournament MVP, Davis finishing second, and Haliburton third.

The Bucks fell in the semifinals to the Pacers, but Antetokounmpo put up his typical stellar numbers throughout the tournament, including averaging 36.0 points, 9.0 rebounds, 6.0 assists, 1.5 steals and 1.0 block while shooting 68.3% from the field in his two knockout appearances (37.2 minutes).

The final spot went to Durant, whose Suns narrowly lost in the quarterfinals to L.A. He received seven votes, with Brandon Ingram (four), Nikola Jokic (three), De’Aaron Fox (two), Damian Lillard (two), Jayson Tatum (one) and Myles Turner (one) also receiving consideration from the media panel.

Injury Notes: Thompson, Edwards, McDaniels, Hunter, Irving, Markkanen, Kessler, Little

December 10th, 2023 at 9:50pm CST by Dana Gauruder

Amen Thompson, the fourth pick of the draft, will return to action on Monday. He’s no longer listed on the Rockets’ injury report.

Thompson will jump right back into the rotation when his team faces San Antonio, Jonathan Feigen of the Houston Chronicle reports. He’s been out since Nov. 1 due to a right ankle sprain.

“The plan is to incorporate him back into the lineup,” head coach Ime Udoka said. “Obviously, we have guys playing well, so we have to find minutes and opportunity there, and we’ll tweak our rotation some once we get him in with certain groups.”

We have more injury-related news with 13 games on Monday’s schedule:

Timberwolves star Anthony Edwards is listed as questionable against New Orleans due to a right hip pointer. Forward Jaden McDaniels (right ankle sprain), who hasn’t played since Nov. 20, is also listed as questionable, the team’s PR department tweets.
Hawks forward De’Andre Hunter (right quad tendon soreness) is listed as questionable against Denver, Lauren Williams of the Atlanta Journal Constitution tweets. He played 37 minutes against Philadelphia on Friday.
Kyrie Irving (right heel contusion) and Josh Green (right elbow sprain) are among the Mavericks players listed as out for their game against Memphis, Damichael Cole of the Memphis Commercial Appeal tweets.
The Jazz will be missing two key frontcourt players when they face Oklahoma City. Forward Lauri Markkanen (left hamstring strain) and center Walker Kessler (right foot soreness) won’t play, Joel Lorenzi of The Oklahoman tweets.
The Suns’ Nassir Little has an orbital fracture and is in the NBA’s concussion protocol, Gerald Bourguet of PHNX Sports tweets. Phoenix hosts Golden State on Tuesday.

Bradley Beal On Track To Return Tuesday

December 10th, 2023 at 3:21pm CST by Luke Adams

Suns guard Bradley Beal practiced in full again on Sunday and is on track to return to action this Tuesday vs. Golden State, barring a setback, sources tell Duane Rankin of The Arizona Republic (Twitter link).

Beal’s Suns debut was delayed this fall due to back issues. He appeared in just three games for Phoenix in early November before those back problems flared up again, forcing the team to rule him out for at least three weeks.

Head coach Frank Vogel stated in mid-November and again this week that the Suns’ goal is to make sure Beal is 100% healthy before he’s cleared, so that he doesn’t have to be in and out of the lineup due to his back ailment. After the three-time All-Star began practicing in full earlier in the week, Vogel indicated that they wanted him to “stack together a few practices” to make sure his body was responding well to the increased work.

The Suns’ star trio of Beal, Kevin Durant, and Devin Booker has yet to suit up in the same game so far this season, as all three players have missed time due to injuries.

Booker was unavailable during Beal’s three-game cameo last month and there’s no guarantee Durant will be able to play on Tuesday if and when Beal returns. Durant missed Friday’s game due to a sprained left ankle and wasn’t a full participant in Sunday’s practice, per Gerald Bourguet of PHNX Sports (Twitter link).

Phoenix has held its own with its big three banged up during the first quarter of the season. The team has a 12-10 record and sits at No. 7 in the Western Conference standings, just 1.5 games behind the No. 3 Mavericks.

Injury Notes: Mobley, Embiid, Brunson, Little, O. Porter

December 8th, 2023 at 10:26pm CST by Rory Maher

Cavaliers big man Evan Mobley missed his first game of the 2023/24 season on Friday due to left knee soreness. The third-year forward/center also didn’t participate in the team’s shootaround, according to Chris Fedor of Cleveland.com (subscriber link), who reports that Mobley could miss multiple games with the injury, though that depends on how he responds to treatment.

The Cavs’ next game is Monday in Orlando, so Mobley will have a couple more days to determine how he’s feeling, Fedor notes. Forward Dean Wade started in Mobley’s place during Friday’s victory in Miami.

Here are some more injury notes from around the NBA:

Reigning MVP Joel Embiid will be reevaluated on Saturday after sustaining a left leg injury in the Sixers‘ victory over Atlanta on Friday, tweets Mike Vorkunov of The Athletic. Embiid grabbed at his knee after falling on a drive, Vorkunov adds, but he was able to play through it while favoring his left leg.
Knicks guard Jalen Brunson sustained an injury to his lower left leg after stepping on Payton Pritchard‘s foot with 21 seconds remaining and the Knicks down 12 to Boston, per New York Basketball (Twitter video link). The team’s leading scorer was able to head to the locker room under his own power, but had a noticeable limp. Head coach Tom Thibodeau said he didn’t regret having Brunson in the game, despite the loss being all but guaranteed (Twitter link via Stefan Bondy of The New York Post). Brunson didn’t speak to the media afterward, tweets Steve Popper of Newsday.
Suns wing Nassir Little took a hard fall in the first quarter of Friday’s contest vs. Sacramento and appeared to be woozy after the incident, according to Duane Rankin of The Arizona Republic (Twitter link). Little was later ruled out of the remainder of the contest, as he’s being evaluated for a concussion. He could be sidelined for multiple games if he did indeed sustain a concussion.
Raptors forward Otto Porter Jr. exited Friday’s game with a left foot contusion. As Josh Lewenberg of TSN.ca observes (via Twitter), that’s the same foot that caused Porter to miss most of last season after he had surgery. This injury hopefully isn’t serious, however, as X-rays were negative, per Blake Murphy of Sportsnet.ca (Twitter link).

Injury Notes: Beal, Suns, Porzingis, Harris, Adebayo, Jazz

December 8th, 2023 at 9:41am CST by Luke Adams

Star guard Bradley Beal fully participated in the Suns‘ practice on Thursday, but he’s not quite ready to return from his back injury, writes Duane Rankin of The Arizona Republic. The team wants to get Beal some more practice reps before reinserting him into its lineup, according to head coach Frank Vogel.

“We want to see him stack together a few practices where he responds well,” Vogel said. “No timeline on how many that is or what that looks like, but we want to continue to make sure he’s responding well before we put him back in there. Stay away from being in and out.”

The shorthanded Suns will also be without Kevin Durant (left ankle sprain) and Grayson Allen (right groin strain) when they host Sacramento on Friday. However, as Rankin relays, Vogel referred to those injuries as “short-term” issues, suggesting Durant and Allen may not miss much – if any – additional time beyond Friday.

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

As expected, Kristaps Porzingis appears poised to return for the Celtics after missing four games due to a strained left calf. He’s considered probable to play in Friday’s game vs. New York, according to the team (Twitter link).
[Note: Porzingis has since been upgraded to available.]
Pistons forward Joe Harris, who has been sidelined since November 5 due to a shoulder injury, has been upgraded to questionable for Friday’s game in Orlando, tweets Omari Sankofa II of The Detroit Free Press. Spacing has been an issue this season for the Pistons, who rank 28th in the NBA in three-pointers per game, so the return of Harris, a career 43.6% three-point shooter, could be a boon.
Heat big man Bam Adebayo will miss a second consecutive game on Friday vs. Cleveland due to his left hip contusion, tweets Ira Winderman of The South Florida Sun Sentinel. Adebayo said earlier this week that he’s unsure about his return timeline.
The Jazz are close to getting some lineup reinforcements. Jordan Clarkson (right thigh contusion), who has missed the past three games, and Kelly Olynyk (right shoulder strain), who has been out for two in a row, are listed as questionable for Friday vs. the Clippers. Lauri Markkanen (left hamstring strain) will be unavailable for a seventh straight contest, but was a full practice participant on Thursday and just has to tick a couple more boxes before being cleared to return, Sarah Todd of The Deseret News explains.

In-Season Tournament Notes: Banner, Lakers’ Timeout, Tatum, Ratings

December 6th, 2023 at 6:23pm CST by Arthur Hill

Winning the first in-season tournament will be a historic accomplishment, but is it worth hanging a banner in the rafters? Joe Vardon of The Athletic suggests the answer may depend on which team leaves Las Vegas with the trophy. The Lakers, who already have 17 banners, and the Bucks, who were crowned champions three years ago, may be less likely to hang up a banner than the Pacers or Pelicans, who’ve never won an NBA title.

“I think you’ll see a banner of some sort,” Indiana coach Rick Carlisle said. “This is not an insignificant thing at all. … This being the first one is extra special.”

“I think at this point in my career, because I haven’t done anything yet, I’ll take a banner, but certainly Bron (LeBron James) would not answer the same way,” Pacers guard Tyrese Haliburton added.

Players and fans have embraced the tournament, but the event is too new to determine how much significance it will carry each year. Cash prizes are helping to fuel the competition — with $500K per player for the winners, $200K for the runners-up and $100K for the other two semifinalists — but Haliburton believes bragging rights are a bigger incentive, with everyone wanting to be part of the first tournament winner in league history.

The Pelicans also recognize how much a tournament title would mean, with coach Willie Green saying he would “absolutely” want a banner if New Orleans wins. Brandon Ingram said the money and a chance at history have inspired the team to work extra hard.

“I think my motivating factor is just seeing my teammates really get ready for these games like this – it’s a different approach,” he said. “You see some of my teammates who don’t get extra shots (after practices) like, locked in an exercise center at the shootaround. This is just like a different deal. I know how bad they want it.”

There’s more on the tournament:

The NBA’s last two minute report claims the controversial timeout the Lakers received Tuesday in their win over the Suns was justified, tweets Gerald Bourguet of PHNX Sports. The report cites three mistakes, which were all fouls that should have been called against Phoenix.
Celtics star Jayson Tatum is the latest player to criticize the importance given to point differential in breaking ties during group play. Appearing on the Point Forward podcast with Andre Iguodala and Evan Turner, Tatum said he had to play expanded minutes in Boston’s final group game, which was a blowout against Chicago (hat tip to SB Nation). “We was in the game and I was like,” Tatum said, “I remember I tapped, I think it was Torrey Craig. I was like, ‘Yo bro, I don’t really want to be out here right now.’ Cause we were up 30 going into the fourth. If it was a Wednesday I would have been sitting on the bench and the younger guys would have gotten in. It just didn’t feel right.”
The quarterfinal matchup between the Lakers and Suns drew 1.97 million viewers, up 89% from games at a similar time last season, according to a tweet from the league.