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Forbes Releases 2022 NBA Franchise Valuations

October 27th, 2022 at 10:59am CST by Luke Adams

For the first time since Forbes began issuing annual valuations of NBA teams over two decades ago, a team other than the Knicks or Lakers ranks atop the publication’s list of 2022’s most valuable franchises.

According to Mike Ozanian and Justin Teitelbaum of Forbes, the Warriors are now considered the NBA’s most valuable club, with a record-setting valuation of $7 billion following a championship season.

Forbes’ duo explains that the Warriors generated more revenue and operating income in 2021/22 than any other team in NBA history, buoyed by $150MM in arena sponsorships and advertising, along with $250MM from premium seating.

While the Warriors enjoyed the biggest bump in value since Forbes’ most recent round of valuations, every other NBA team saw its valuation rise during that time as well, according to Ozanian and Teitelbaum, who say the average franchise is now valued at $2.86 billion. That’s 15% more than a year ago, despite the fact that the stock market is down 15% over the same time period.

Of the NBA’s 30 teams, only one – the Nets – lost money last season, per Forbes’ report, which states that record-setting sponsorship and advertising revenue ($1.35 billion last season) has put the league back on its “pre-Covid growth trajectory.” Further growth is anticipated going forward, with a new television and media deal to be negotiated in the coming years — it will take effect in 2025.

Although Forbes’ figures are just estimates and often don’t quite match up with the sale prices for franchises that change hands, they’re still useful for getting a sense of the league’s most and least valuable teams.

Here’s Forbes’ full list of NBA franchise valuations for 2022:

Golden State Warriors: $7 billion
New York Knicks: $6.1 billion
Los Angeles Lakers: $5.9 billion
Chicago Bulls: $4.1 billion
Boston Celtics: $4.0 billion
Los Angeles Clippers: $3.9 billion
Brooklyn Nets: $3.5 billion
Dallas Mavericks: $3.3 billion
Houston Rockets: $3.2 billion
Philadelphia 76ers: $3.15 billion
Toronto Raptors: $3.1 billion
Miami Heat: $3 billion
Phoenix Suns: $2.7 billion
Washington Wizards: $2.5 billion
Milwaukee Bucks: $2.3 billion
Portland Trail Blazers: $2.1 billion
Cleveland Cavaliers: $2.05 billion
Sacramento Kings: $2.03 billion
Utah Jazz: $2.025 billion
San Antonio Spurs: $2 billion
Atlanta Hawks: $1.975 billion
Denver Nuggets: $1.93 billion
Detroit Pistons: $1.9 billion
Oklahoma City Thunder: $1.875 billion
Orlando Magic: $1.85 billion
Indiana Pacers: $1.8 billion
Charlotte Hornets: $1.7 billion
Minnesota Timberwolves: $1.67 billion
Memphis Grizzlies: $1.65 billion
New Orleans Pelicans: $1.6 billion

Pacific Notes: Fox, Crowder, Booker, Klay, Wiggins

October 26th, 2022 at 2:53pm CST by Luke Adams

Appearing on The Draymond Green Show, Kings guard De’Aaron Fox recounted his reaction to the news that Sacramento had traded Tyrese Haliburton to Indiana at last season’s deadline, explaining that he viewed the deal as a strong message from his team.

“For me, it’s like yo, they believe in me,” Fox said, per Ajayi Browne of Slam Online. “But two, it’s like motherf—-r, we just traded somebody who could be a franchise point guard either here or somewhere else. So, you better get on your s–t; you better start winning.”

The Kings received plenty of outside criticism for their decision to trade a rising star like Haliburton in his second NBA season, but Fox is determined to prove that the Kings made the right move by handing him the undisputed reins at point guard.

“Does it add pressure? Yeah, a little bit,” Fox said. “But, at the end of the day, I’ve been trying to get us in the playoffs for years, so it’s a little added pressure. It ain’t hurt anybody.”

Here’s more from around the Pacific:

According to Chris Haynes of Yahoo Sports (Twitter video link), Suns forward Jae Crowder pushed back against the idea that he demanded a trade because he was told he wouldn’t be a starter. “I do not want to get into the details just yet,” Crowder said, as Haynes relayed during a TNT appearance. “But it’s definitely not true, the narrative being pushed about me not starting or not, I can honestly say that.”
Asked about his impressions of Devin Booker so far this season, head coach Monty Williams described the Suns‘ star guard as “probably the most complete player in the league right now” (Twitter link via Gerald Bourguet of PHNX Sports). Booker has averaged 32.5 PPG on .530/.480/.882 shooting through four games (38.8 MPG).
Williams’ comments on Booker came after a Suns victory over the Warriors in which sharpshooter Klay Thompson was ejected for the first time in his NBA career. Kendra Andrews of ESPN has the story on the chippy game between two Pacific rivals, Thompson’s first ejection, and Booker’s account of what Klay was saying to him before he left the floor: “They have four rings, repeated over and over.”
In a conversation with Mark Medina of NBA.com, Warriors forward Andrew Wiggins explained that he took a pay cut on his new four-year, $109MM extension with Golden State because he didn’t want to leave a “winning organization” that treats him well. Wiggins’ goal is to eventually join teammates like Thompson, Andre Iguodala, Draymond Green, and Stephen Curry as “Bay Area legends,” he told Medina: “Hopefully by the time I’m done, people will look at me like that. I just have to keep putting in the work and accomplish what they have accomplished.”

Bucks, Heat Have NBA’s Oldest Rosters; Thunder Youngest

October 26th, 2022 at 11:25am CST by Luke Adams

The Bucks have the NBA’s oldest opening night roster this season, per a 2022/23 roster survey published by the league on Tuesday.

According to the NBA’s data, the average age of a Milwaukee player is 29.47 years old, with 36-year-olds George Hill and Wesley Matthews and 35-year-old Joe Ingles among the veterans contributing to that league-high average. The Heat (average age of 28.13 years old), Suns (28.05), Clippers (27.98), and Mavericks (27.89) have the next-oldest rosters, according to the NBA.

On the other end of the spectrum, no team has a younger roster than the Thunder, whose current group includes just one player older than 27 (Mike Muscala, who is 31). The average age of a Thunder player is just 23.14 years old, putting them ahead of fellow rebuilding teams like the Rockets (23.58), Spurs (23.84), and Magic (23.94). Interestingly, the Grizzlies (24.27) are the league’s fifth-youngest team, despite coming off a 56-win season.

Here are a few other tidbits of note from the NBA’s roster survey for the 2022/23 season:

The Bucks and Thunder are also the most and least experienced NBA teams, respectively. The average Milwaukee player has 7.24 years of NBA service, while the average Oklahoma City player has just 1.94. That puts the Bucks comfortably ahead of the Clippers (6.56) and Celtics (5.82), while the Thunder are well behind the Rockets (2.29) and Magic (3.00).
Kentucky (27) and Duke (25) have the most players currently in the NBA of any college program. No other school has more than 12 (UCLA).
The average NBA player stands at 6-foot-6.74, weighs 217.62 pounds, and is 26.01 years old. The league identifies Grizzlies forward Dillon Brooks (6-foot-6.5, 220 pounds, and 26 years old) as the player who most closely resembles the league’s “composite” player in terms of height, weight, and age.
There are 13 sets of brothers currently in the NBA, including three Antetokounmpos (Giannis Antetokounmpo, Thanasis Antetokounmpo, and Kostas Antetokounmpo) and three Holidays (Jrue Holiday, Justin Holiday, and Aaron Holiday).
The league’s survey also includes some data on the youngest and oldest players, which we previously outlined here.

Pacific Notes: Murray, Wall, Westbrook, Crowder

October 25th, 2022 at 6:55pm CST by Alex Kirschenbaum

Kings head coach Mike Brown has indicated that 6’8″ rookie forward Keegan Murray, the No. 4 pick out of Iowa, could be moved into the team’s starting lineup soon, per Jason Anderson of The Sacramento Bee.

“Yeah, he started the second half [of the team’s Sunday loss against the Warriors], so there’s a chance he could start going forward,” Brown said.

The 0-3 Kings will next have the opportunity to start Murray against the 2-1 Grizzlies on Thursday. As Anderson writes, current starting power forward KZ Okpala seems most likely to be moved to the bench in such a scenario.

There’s more out of the Pacific Division:

Clippers reserve guard John Wall is hoping for a larger role with Los Angeles, per Janis Carr of The Orange County Register. The 6’4″ vet has been limited by his team to 25 or fewer minutes a night as a backup. Across 23 MPG in two contests thus far, Wall is averaging 16 PPG on .519/.250/.250 shooting splits, plus 3.5 APG, 2.0 RPG and 1.0 SPG. “There’s no recovery process for me,” Wall said. “It’s just a program, a plan [the Clippers have] for me… I was fully healthy last year; I just didn’t play because of the situation [with the Rockets]. So, I’m not on like on a recovery process.”
The 0-3 Lakers are struggling to start the season, and still seem to be considering offloading the expiring $47.1MM contract of current starting point guard Russell Westbrook. Eric Pincus of Bleacher Report identifies six potential outcomes for the team’s future with Westbrook, including standing pat and not executing a trade.
Estranged Suns power forward Jae Crowder remains in limbo as both he and Phoenix hope to work out a deal to send Crowder away from the Suns for a hopefully larger role elsewhere, per Chris Haynes of Turner Sports (Twitter video link). “Both sides, his agent and the Suns, they though they were going to come to an agreement on a trade before the season started, and things have been prolonged,” Haynes said. “He’s in the best shape possible of his career and he’s just ready to get back out there on the court.”

Eastern Notes: Crowder, Bucks, Claxton, Williams, Mitchell

October 24th, 2022 at 7:01pm CST by Dana Gauruder

What kind of trade package could the Bucks put together for the Suns’ Jae Crowder, considering they’re one of the teams reportedly interested in the veteran forward? Eric Nehm of The Athletic explores that topic, speculating that Milwaukee could deal some combination of Grayson Allen, George Hill and second-round picks.

However, dealing Allen would remove one of the Bucks’ top shooters and it’s questionable whether Crowder would be part of the team’s crunch time unit.

We have more from the Eastern Conference:

Nets big man Nic Claxton posted back-to-back double-doubles in the team’s first two games. His teammates and coaches want to see him do that consistently, according to Ryan Dunleavy of the New York Post. “I’m happy he played well, we want him to keep it up, but now as a young player in the league he has to show consistency,” Kyrie Irving said. “And we have to be right there with him.” Claxton re-signed with Brooklyn this summer on a two-year, $20MM contract.
Bulls forward Patrick Williams has gotten off to a rough start this season, but he’s not discouraged, Rob Schaefer of NBC Sports Chicago relays. “They (coaches and teammates) know, obviously, I want to play well, and I want them to play well, and they want to play well for themselves as well. But just can’t get too down when you don’t play well,” he said. “Just reminding, that was what, game three? Of at least 82. Obviously we want to play past 82. But that was game three of 82.” Williams averaged 5.7 points and 2.0 rebounds in the first three games.
The Cavaliers have already embraced Donovan Mitchell as a leader, according to Kelsey Russo of The Athletic. “He’s just a good dude,” center Jarrett Allen said. “That’s what it boils down to. He is easy to talk to; he doesn’t boast about his accomplishments, he is one of the hardest workers every single game in the gym. It’s easy to root for a guy like that and easy to follow somebody’s lead like that.”

Spurs Notes: Bassey, Jones, Langford

October 24th, 2022 at 4:02pm CST by Luke Adams

Charles Bassey‘s representatives spoke to 22 teams after the big man was waived by Philadelphia on October 13, including the Pistons, Cavaliers, Suns, and Raptors, reports Keith Pompey of The Philadelphia Inquirer. However, according to Pompey, most of the teams that reached out to Pompey wanted to sign him to an Exhibit 10 contract and have him play on their G League affiliate this season.

Some of those G League offers might’ve resulted in a promotion to the NBA later this season or in 2023/24, but Bassey didn’t want to settle — he ultimately signed a two-way contract with the Spurs earlier today.

“I didn’t want to wait for the next year for a roster spot,” Bassey said, per Pompey. “That’s too long. The Spurs came hard … Some of the teams wanted to give me a roster spot, but they couldn’t give me one right now. I just didn’t want to go through that (Exhibit 10/G League) route. San Antonio said, ‘We can give you a two-way this year and we’ll see where it goes from there.'”

It’s a homecoming of sorts for Bassey, who lived in San Antonio when he first moved to America from Nigeria in 2015 and still has some family in the city. He also believes the franchise is an ideal fit for him.

“It’s a young organization,” Bassey said. “They are rebuilding. I feel like I’m going to have a great chance to play in a pretty good organization. And it’s a character organization. Everybody does stuff the same. … I feel like I’m going to fit right in.”

Here’s more on the Spurs:

In an in-depth story for The San Antonio Express-News, Tom Orsborn takes a look at how Tre Jones is embracing what he calls a “big opportunity” to start at point guard for the Spurs this season. Jones is averaging 16.3 PPG on 53.1% shooting in his first three games this season, a significant step up from last season’s 6.0 PPG on 49.0% shooting. “When we find guys we think have that potential (to be leaders), we try to help it grow,” head coach Gregg Popovich. “Tre has just got it. Some people don’t, some people do. I remember Coach K (former Duke coach Mike Krzyzewski) telling me about what I would like about Tre, and that was one of the major things. He is just a born leader.”
The battle for the Spurs’ 15th regular season spot entering the season was believed to come down to Romeo Langford vs. Joe Wieskamp, with Langford ultimately making the team. Asked what he wants to see from Langford this season, Popovich said he believes the former Indiana standout has the potential to be a “hell of a defender,” per Scott Agness of Fieldhouse Files (Twitter link).
Here’s more from Popovich on Langford: “He’s got quick feet, he’s really long, he anticipates well, and he’s got a real bounce to him. Offensively, I think confidence is what he needs right now. I think he an become a two-way player. He can score at one end and really shake it up at the defensive end. That’s what I’ve seen from him in the short time I’ve been around him and that’s why we kept him.”

Charania’s Latest: Lakers, Rozier, J. Richardson, Crowder

October 24th, 2022 at 10:06am CST by Luke Adams

Hornets guard Terry Rozier was on the Lakers‘ radar over the offseason as a potential trade candidate, and Los Angeles still has a “high” level of interest in him, according to Shams Charania of The Athletic.

As Charania outlines, the Lakers and Hornets explored possible three- and four-team trade scenarios involving Rozier during the summer, but his availability during the season will depend on how Charlotte performs.

As Kevin O’Connor of The Ringer noted earlier today, Charlotte was mentioned as a possible landing spot for Lakers guard Russell Westbrook earlier in the year, but that was when the Hornets were interested in moving off some multiyear salary in preparation of a lucrative new deal for Miles Bridges. With Bridges’ basketball future up in the air, that may no longer be a priority.

Still, it’s possible that if the Hornets fall out of playoff contention, a deal structured around Westbrook, Rozier, and perhaps Gordon Hayward (who is owed $31.5MM in 2023/24) could appeal to the team, despite a reduced need to create future financial flexibility.

Here’s more from Charania:

The Lakers have had preliminary discussions in recent weeks about a possible trade involving Spurs swingman Josh Richardson, sources tell Charania. San Antonio still has a significant amount of cap room available this season and could take on Westbrook’s contract without having to match salaries. However, the Spurs would need to trade at least one more player in addition to Richardson to be able to absorb Westbrook’s $47MM+ cap hit.
Charania reiterates that the Bucks, Heat, and Hawks are potential suitors for veteran forward Jae Crowder, who remains away from the Suns as they seek a trade. According to Charania, Phoenix and Milwaukee have engaged in some recent discussions about a possible deal involving Crowder.
As we relayed in a full story earlier this morning, Charania also reported that the Timberwolves have discussed possible extensions with Naz Reid and Jaylen Nowell.

Chris Paul's Early Scoring Drought Not Expected To Last

October 22nd, 2022 at 11:01pm CST by Arthur Hill

Chris Paul‘s early-season scoring decline shouldn’t be a long-term concern for the Suns, according to Gerald Bourguet of PHNX Sports. Bourguet notes that Paul has been concentrating on getting his teammates involved in the offense, and he ranks second in the league with 21 assists. Bourguet states that the team’s more pressing issues are a lack of bench production and a wide difference in the number of free throws they’ve shot compared to opponents.

Silver Apologizes To Employees

October 22nd, 2022 at 10:01am CST by Dana Gauruder

Commissioner Adam Silver met with Suns employees before their game against Dallas on Wednesday and expressed regret for the misconduct of owner Robert Sarver, according to Baxter Holmes of ESPN. Sarver is now in the process of selling the team. “I’m incredibly empathetic to what many of you have lived through,” Silver said to those employees, who gathered in the lower bowl of the team’s arena hours. “To the extent that you feel let down by the league, I apologize. I take responsibility for that.”

Pacific Notes: Johnson, Brown, Kings, Green

October 20th, 2022 at 1:45pm CST by Rory Maher

Suns forward Cameron Johnson hoped to sign a rookie scale extension before the deadline passed on Monday, but the two sides were unable to reach an agreement. He says he’s still focused on the task at hand.

“I would’ve loved to have come to a conclusion,” Johnson said, per Duane Rankin of The Arizona Republic. “I love it here, but the fact of the matter is that I’m here for this year and that is what I’m focused on. I’m excited. We’ve got a good group. We’ve had a good group and we want to win a championship.”

The 26-year-old, who will be a restricted free agent next summer, suggested that the tenuous ownership situation played a factor in negotiations

“Negotiations are interesting, especially when ownership is unclear,” said Johnson, a reference to majority owner Robert Sarver announcing his intention to sell the team after backlash from an NBA investigation into his behavior within the organization.

“Extremely interesting,” Johnson continued. “Once you see that the situation is what it is, you can get over it relatively quickly and just be excited for the opportunity that’s been put in front of you.”

Johnson exited the team’s 107-105 comeback victory over Dallas early in the fourth quarter with right quad cramps, but he said he should be good to go for Friday’s contest at Portland, Rankin relays in another story for The Arizona Republic.

Here’s more from the Pacific:

Not reaching an extension with Johnson feels like a missed opportunity for the Suns to put “some of the negativity and uncertainty of the offseason” in the rear-view mirror, according to Gerald Bourguet of PHNX Sports, who notes that Johnson could raise his stock significantly as a full-time starter in 2022/23. As Bourguet writes, failing to secure Johnson as a long-term fixture of the team’s core after Deandre Ayton‘s messy restricted free agency over the summer makes it seem like the Suns didn’t learn how protracted contract negotiations can negatively impact players.
Kings head coach Mike Brown says he’s focused on ending the team’s 16-year playoff drought, which is an NBA record. “We love the fans. We do. And they’re great fans, but even if the fans didn’t feel like we needed to make the playoffs, I’m not here to coach regular-season games. It’s just as simple as that,” he said (Twitter link via Jason Anderson of The Sacramento Bee).
Brown and center Domantas Sabonis have helped improve the Kings‘ vibes and culture, writes Chris Biderman of The Sacramento Bee. Brown has brought consistent energy and a “serious-yet-playful” personality to the team, while Sabonis hosted several teammates at his new offseason home in Napa, California to watch last season’s Finals and play pickup games. “The vibes were great,” Sabonis told The Bee. “If you’re an average team and if your off-court (dynamic) is amazing, you’re not an average team any more, you’re definitely better. I’m a firm believer in that.” As Biderman notes, it was the first offseason as a King for Sabonis, who only appeared in 15 games with Sacramento in ’21/22 after he was acquired from Indiana in a February trade.
Don’t expect the Warriors to consider an in-season trade for Draymond Green this season despite the uncomfortable situation he caused by punching Jordan Poole, ESPN’s Zach Lowe said on his Lowe Post podcast (hat tip to RealGM). “If anything, I think that may be underplaying the level of iciness and tension that they’re navigating right now,” Lowe said. “And that’s not to say ‘Are they going to trade Draymond?’ Everything I’ve heard is they are not trading Draymond. They’re just not going to happen. They’re trying to win the championship and will try to ride it out unless something drastic happens. Draymond is going to be on the team all season.”