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Forbes Releases 2021 NBA Franchise Valuations

February 10th, 2021 at 10:04am CST by Luke Adams

It has been an up-and-down 12 months for the NBA, which had to pause its operations for several months when its players first began testing positive for the coronavirus last March. Although the league was eventually able to play the 2020 postseason and is in the midst of its (slightly-abridged) 2020/21 regular season, fans still haven’t been able to return to arenas in many NBA cities, putting a major dent in projected revenues for the coming year.

Despite the financial challenges faced by many of the NBA’s teams, the overall value of those franchises continues to increase, according to a report from Kurt Badenhausen and Mike Ozanian of Forbes. While it’s the most modest year-over-year rise since 2010, Forbes estimates that average team values are up by about 4% from 2020.

The Knicks have become the first franchise to earn a $5 billion valuation from Forbes, with a league-high 9% increase in their value since last February. The Warriors, meanwhile, also saw their value rise by 9%, according to Forbes, surpassing the Lakers for the No. 2 spot on the annual report. The league-wide average of $2.2 billion per team in 2021 is a new record for Forbes’ valuations.

Forbes’ valuations are slightly more conservative than the ones issued by sports-business outlet Sportico last month — Sportico’s report featured an average team value of nearly $2.4 billion, with the Knicks, Warriors, and Lakers all surpassing the $5 billion threshold.

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

New York Knicks: $5 billion
Golden State Warriors: $4.7 billion
Los Angeles Lakers: $4.6 billion
Chicago Bulls: $3.3 billion
Boston Celtics: $3.2 billion
Los Angeles Clippers: $2.75 billion
Brooklyn Nets: $2.65 billion
Houston Rockets: $2.5 billion
Dallas Mavericks: $2.45 billion
Toronto Raptors: $2.15 billion
Philadelphia 76ers: $2.075 billion
Miami Heat: $2 billion
Portland Trail Blazers: $1.9 billion
San Antonio Spurs: $1.85 billion
Sacramento Kings: $1.825 billion
Washington Wizards: $1.8 billion
Phoenix Suns: $1.7 billion
Utah Jazz: $1.66 billion
Denver Nuggets: $1.65 billion
Milwaukee Bucks: $1.625 billion
Oklahoma City Thunder: $1.575 billion
Cleveland Cavaliers: $1.56 billion
Indiana Pacers: $1.55 billion
Atlanta Hawks: $1.52 billion
Charlotte Hornets: $1.5 billion
Orlando Magic: $1.46 billion
Detroit Pistons: $1.45 billion
Minnesota Timberwolves: $1.4 billion
New Orleans Pelicans: $1.35 billion
Memphis Grizzlies: $1.3 billion

While most franchise values increased, that wasn’t the case across the board. The Thunder, Hawks, Hornets, Pistons, Pelicans, and Grizzlies all maintained the same value that they had in 2020. No teams decreased in value, however.

The Jazz had the biggest rise in the bottom half of this list, moving from 21st in 2020’s rankings to 18th this year. That’s because the team was actually sold to a new majority owner in recent months, with Ryan Smith assuming control of the franchise at its new $1.66 billion valuation.

As that Jazz example shows, the actual amount a team is sold for often exceeds Forbes’ valuation, so these figures should just be viewed as estimates.

Could Bagley Play More At Center?

February 10th, 2021 at 9:07am CST by Luke Adams

Marvin Bagley III‘s focus this season has been staying healthy and getting comfortable at the four, but the Kings‘ former No. 2 overall pick looked good when forced into action at center on Tuesday vs. Philadelphia, notes Jason Jones of The Athletic. With Richaun Holmes and Hassan Whiteside up for new deals in 2021 and Bagley eligible for an extension, Sacramento will want to determine this season whether having Bagley play more at the five should be part of the team’s long-term plan.

Haliburton Shining For Kings

February 7th, 2021 at 3:21pm CST by Alex Kirschenbaum

Kings rookie shooting guard Tyrese Haliburton, selected with the No. 12 pick out of Iowa State in the 2020 draft, is looking like a great long-term addition for Sacramento, writes Marc J. Spears of The Undefeated.

The 6’5″ two-guard is averaging 11.8 PPG, 5.4 APG, and 3.8 RPG across 20 games for the Kings. He also holds sparkling shooting numbers, boasting a slash line of .484/.433/.867.

“Ty has that ‘it’ factor,” veteran Kings forward Harrison Barnes said. “He’s going to be special in this league for a long time on and off the floor.”

And-Ones: Vaccines, Ball, Trade Candidates, Defenders, All-Star Voting

February 5th, 2021 at 6:30pm CST by Dana Gauruder

In an effort to alleviate players’ – and some coaches’ – fears and skepticism about receiving COVID-19 vaccines, the NBA is arranging mandatory meetings over the next two weeks between its top medical expert and all 30 teams, Sam Amick, Joe Vardon and David Aldridge of The Athletic report. Teams felt there was a need to provide information and insight on this issue to its players.

The NBA wants everyone associated with the game — players, coaches, referees and chief front office personnel — to get the shots, not only for safety reasons but also as part of a national volunteering-public relations campaign.

We have more from around the basketball world:

LaMelo Ball ranks as the leading candidate for the Rookie of the Year award, according to Jonathan Wasserman of Bleacher Report. The Hornets guard ranks first in assists and steals, second in rebounding and third in scoring among all rookies despite coming off the bench in all but two games. Kings guard Tyrese Haliburton sits in second place for Wasserman, who ranks the rookies from 10-1.
With Wizards guard Bradley Beal apparently off the market, there won’t be another blockbuster trade this season to rival the James Harden deal, Tim Bontemps of ESPN opines. Some of the players who could be moved by March’s trade deadline are Lonzo Ball, J.J. Redick, P.J. Tucker, George Hill, Evan Fournier and Aaron Gordon, though Hill and Gordon are currently injured.
Rudy Gobert‘s contract with the Jazz is a rare case in which a defensive stalwart is compensated like a elite scorer, Aldridge notes in a separate Athletic story. Aldridge takes a closer look at why top defenders are generally not as valued as scorers.
Kevin Durant has received the most All-Star votes in the early returns, JD Shaw of Hoops Rumors tweets. Beal is the top vote-getter among Eastern Conference guards. LeBron James has the most votes among Western Conference forwards and Stephen Curry leads all Western Conference guards by a wide margin.

De’Aaron Fox On 2021 All-Star Game: “I Think It’s Stupid”

February 4th, 2021 at 2:03pm CST by JD Shaw

Kings guard De’Aaron Fox is opposed to the NBA holding an All-Star Game this season, giving an honest assessment of the situation after Sacramento defeated Boston 116-111 on Wednesday night.

“If I’m going to be brutally honest, I think it’s stupid,” Fox said, as relayed by Sean Cunningham of ABC 10. “If we have to wear masks and do all of this for a regular game, what’s the point in bringing the All-Star Game back? Obviously, money makes the world go round, so it is what it is. I’m not really worried about it. If I’m voted (in), so be it.”

The pandemic has forced the NBA to postpone 23 games so far this season, as shown in our 2020/21 Game Postponement Tracker. The league announced 16 positive tests on January 13, 11 positive tests on January 20, one positive test the following week, and zero positive tests on Wednesday.

Fox, 23, is averaging a career-high 22.3 points, 6.6 assists and 32.6 minutes per game this season, making him a candidate to become a first-time All-Star. When asked whether he’d play in the game, Fox made it clear there wouldn’t be much of a choice.

“If you’re supposed to be in it, you’re not hurt and you decide not to play, that’s a hefty fine,” Fox said while laughing. “So hell yeah I would play in it.”

The All-Star Game is set to be held in Atlanta on Sunday, March 7, with additional details forthcoming. There has been some chatter that the league won’t make participation mandatory for the players chosen as All-Stars this time around.

Bjelica Wants To Be Moved, Kings Hoping To Oblige

February 4th, 2021 at 11:16am CST by Dana Gauruder

The Kings’ Nemanja Bjelica would like to be traded and the front office is continuing to explore the market for the veteran forward, according to Jason Anderson of the Sacramento Bee.

Bjelica’s situation has been one of the oddest in the league this season. Sacramento could have shed Bjelica’s $7.15MM salary in November but instead opted to guarantee the contract.

However, he’s clearly not in the team’s plans. He hasn’t played since January 9 and the team has looked into trade possibilities as far back as the draft in November.

There have been conflicting reasons for his absence, as Anderson notes. It was initially called a coach’s decision, then personal reasons and more recently, back spasms. However, he was not listed on the injury report on Wednesday, when Sacramento defeated Boston.

There never were personal issues for Bjelica, Anderson adds, other than his lack of playing time. Bjelica, 32, has appeared in 10 games this season, averaging 6.6 PPG and 3.6 RPG in 15.1 MPG.

He had his best season as a pro in 2019/20, starting 67 of 72 games at power forward for the Kings. The veteran stretch four established new career highs in PPG (11.5), RPG (6.4), APG (2.8) and 3PT% (.419).

He’ll be an unrestricted free agent after the season.

Kings Notes: Bagley, Walton, Robinson, G League

January 30th, 2021 at 7:05pm CST by Arthur Hill

The Kings are encouraged by Marvin Bagley III‘s performance through the first quarter of the season, but mostly they’re happy he has been able to avoid injuries, writes James Ham of NBC Sports. Bagley has appeared in all 18 of Sacramento’s games so far after being limited to 13 last year by a variety of mishaps.

“Just being able to be there for my team — available, that’s something that I wanted to do and I did everything in the offseason to make sure I was ready for that,” Bagley said. “I’m feeling good.”

There has been a cloud hanging over Bagley’s career, not only due to injuries but because of the Kings’ decision to draft him ahead of Luka Doncic and Trae Young, who have already been to All-Star games. Sacramento hopes better health will lead Bagley on a similar course.

“We have to be patient,” coach Luke Walton said. “He hasn’t had the experience he needs. He’s still a very young player. He’s a very willing learner. He’s a very talented player and it just takes time.”

There’s more from Sacramento:

Walton probably won’t have to worry about his job for a while, according to Jason Anderson of The Sacramento Bee. New general manager Monte McNair is still assembling his long-term roster, and Anderson thinks McNair will want to see what Walton can do with that group before making a decision on his coach. Anderson points out that the Kings have been through 10 head coaches in the past 15 years.
Glenn Robinson III is one of several NBA players with a father who played in the league, notes Alex Kramers of NBA.com. The swingman, who’s in his first year with the Kings, said he has learned to rely on that connection. “Throughout the years and as I’ve gotten older, I’ve appreciated my dad more and more,” Robinson said. “Obviously, we both have the same career, and I’m able to call him and get advice, on and off the court. That’s something that I can never replace. I’m forever grateful for that.”
Sacramento has assigned two players to the G League bubble, Anderson writes in a separate story. Because the Kings’ affiliate isn’t participating, they sent Jahmi’us Ramsey to play for the Clippers’ team (Agua Caliente) and Robert Woodard to the Spurs’ squad (Austin). Both are rookies who were selected in the second round of November’s draft.

Richaun Holmes Hopes To Re-Sign With Kings

January 28th, 2021 at 11:01am CST by Luke Adams

Richaun Holmes will be an unrestricted free agent at the end of the 2020/21 season, giving him the opportunity to sign with any NBA team. However, he said this week that he “absolutely” wants to sign a new contract with the Kings when his current deal expires, as James Ham of NBC Sports California relays.

“I absolutely love playing in Sacramento. Love the fans in Sacramento. Love stepping out in that arena with Sacramento across my jersey,” Holmes said. “So I would love to play here and hopefully everything works out, but Sacramento is a great place to play. They’ve embraced me with open arms and it’s somewhere I can definitely see myself playing (going forward).”

It’s not uncommon for a player to publicly express a desire to stick with his current team even if he expects to move on, so it’s fair to take Holmes’ comments with a grain of salt. Still, it would make sense for him to want to remain in Sacramento, where he has enjoyed the best stretch over the last two seasons, emerging as the club’s full-time starting center.

After signing with the Kings in 2019, Holmes averaged 12.3 points, 8.1 rebounds, and 1.3 blocks per game in 44 contests (28.2 MPG) in ’19/20. So far this season, he’s up to 13.8 PPG, 8.2 RPG, and 1.6 BPG through 16 games (30.8 MPG). Prior to arriving in Sacramento, he had career averages of 7.7 PPG, 4.4 RPG, and 0.9 BPG in 226 games (16.9 MPG) across four years in Philadelphia and Phoenix.

As Ham notes, Holmes’ increased role and production makes him a good bet to receive a contract exceeding his current two-year, $10MM deal. Sacramento will hold the 27-year-old’s Early Bird rights, giving the team the ability to offer a starting salary up to 105% of the NBA’s previous average salary. That would likely work out to a first-year number in the $10-11MM range.

Of course, in order for Holmes to remain in Sacramento, the Kings will have to reciprocate his interest. While there’s no reason to think the team wouldn’t want him back at the right price, it’s worth noting that former general manager Vlade Divac was the one who brought Holmes aboard in 2019. New GM Monte McNair showed when he let Bogdan Bogdanovic walk in free agency in the fall that he’s not necessarily attached to the players acquired by Divac, even if they’ve been productive.

Eastern Notes: Haliburton, Knicks, Ellington, Bulls

January 24th, 2021 at 6:53pm CST by JD Shaw

Kings rookie Tyrese Haliburton made the Knicks pay on Friday for choosing not to draft him last month, Greg Joyce of the New York Post writes.

Haliburton, who was selected with the No. 12 pick in the draft, finished with 16 points and four blocks off the bench in the team’s victory over New York. The Knicks ultimately bypassed Haliburton in the event and chose to draft Obi Toppin at No. 8 instead.

“I guess it fueled me personally,” Haliburton said with a grin, as relayed by Joyce. “But I love it here. I’m glad I slid to 12. … It’s not hard feelings or nothing, it is what it is. It’s a business, I don’t care.

“My job is to make them think about that when they go to sleep. So I’m just going to go out there and be the best player I can be. I’m not that big into that [motivation].”

There’s more from the Eastern Conference tonight:

Drew Maresca of Basketball Insiders examines three potential trade targets for the Knicks, including Hawks forward John Collins. New York has opened the season with a 8-9 record, last making the playoffs during the 2012/13 campaign. Atlanta could choose to explore Collins’ trade value if the team feels comfortable starting Danilo Gallinari and Clint Capela going forward.
Pistons veteran Wayne Ellington made the most of his opportunity as a starter on Friday, scoring 18 points on 6-of-10 shooting from deep, Keith Langlois of NBA.com writes. Ellington, one of the league’s most underrated three-point shooters, has shot 48% from behind-the-arc in his first 11 games this season after signing with Detroit in free agency.
Eric Pincus of Bleacher Report explores whether the Bulls should trade Zach LaVine or Lauri Markkanen. Chicago has opened the campaign at 7-9 under new head coach Billy Donovan after finishing 11th in the Eastern Conference last season.

Kings Exploring Trade Market For Nemanja Bjelica

January 23rd, 2021 at 1:27pm CST by Dana Gauruder

The Kings explored the trade market for Nemanja Bjelica around the time of the draft and will likely to continue to find a way to move the veteran forward, Jason Anderson of the Sacramento Bee reports.

Bjelica’s playing time has dropped dramatically — he hasn’t seen court time since January 9 — due to the organization’s decision to develop its younger players and find core pieces to fit around the team’s star, De’Aaron Fox, Anderson adds.

Sacramento could have shed Bjelica’s $7.15MM salary in November but instead opted to guarantee the contract. He’ll be an unrestricted free agent after the season.

Bjelica, 32, had his best season as a pro in 2019/20, starting 67 of 72 games at power forward for the Kings. The veteran stretch four established new career highs in PPG (11.5), RPG (6.4), APG (2.8) and 3PT% (.419).

Coach Luke Walton said he has discussed the situation with Bjelica.

“It is a balancing act,” Walton said. “… You look at where the future of this team is going … We need them (the younger players) out there. We need them getting better, but at the same time we’re trying to win. There’s not an easy answer to that. It is a balancing act of getting the experience and that exposure.”

Marvin Bagley III, who missed a good chunk of last season due to injuries, has started regularly at the four. Chimezie Metu has received some backup minutes at the position and Walton has also used some smaller lineups.