Kings 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.

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)

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.

Kings Notes: Bagley, Dedmon, Parker, Bazemore

Marvin Bagley‘s status for the rest of the season remains uncertain as he recovers from a sprained left foot, writes James Ham of NBC Sports Bay Area. The second-year forward has barely played since suffering the injury December 26, and the Kings announced last week that he will be re-examined after the All-Star break.

Bagley was wearing a walking boot as he visited the team in the locker room following last night’s game. He talked to the media for the first time since the injury, but wasn’t able to add much clarity to his situation.

“I’m definitely going to try to come back this year, but that’s too far ahead at this point,” Bagley said. “The most important thing for me right now is to make sure I’m healthy. Honestly, who knows, I’m just going one day at a time with this, I’m trying not to think too far ahead. I obviously want to play, I want to be out there. … I’ve only played however many games I’ve played this season over things I can’t control.”

There’s more from Sacramento:

  • General manager Vlade Divac admitted the Kings didn’t get what they hoped for from Dewayne Dedmon when they signed him to a three-year, $40MM contract in free agency, Ham relays in a separate story. Sacramento granted Dedmon’s trade request this week, sending him back to Atlanta. “Definitely disappointed for me, for the organization and I’m sure from Dedmon’s side that things didn’t work,” Divac said. “We had good intentions. He didn’t work out. We’re happy to move on and wish Dedmon all the best. Definitely, he wasn’t what we expected.”
  • The players the Kings received in the deal with the Hawks are both close to returning from injuries, Ham adds. Jabari Parker may play tomorrow after missing most of the past month with a shoulder impingement, while Alex Len is making progress in his recovery from a hip flexor. In a video posted by Sean Cunningham of KXTV, Parker said he wasn’t surprised to be traded. “I’ve always had a perspective I’m not employed by individual teams; I’m employed by the NBA,” he said.
  • The Kings began to turn their season around when they acquired Kent Bazemore from the Trail Blazers, observes Jason Jones of The Athletic. Bazemore has brought energy and attention to detail to the Sacramento defense. “He goes out there and does a lot of the dirty work,” De’Aaron Fox said. “… He does a lot of things for us, and the chemistry we’ve had since he’s been here has been great. It feels like we’ve been playing with him a lot longer than two weeks.”

23 Trade Exceptions Generated In Deadline Deals

As we explain in our glossary entry on the NBA’s trade rules, teams that complete a “non-simultaneous” deal can create what’s called a traded player exception. These are salary cap exceptions a team can use anytime during the following calendar year to acquire one or more players whose salaries are no greater than the amount of that exception (plus $100K).

A number of the traded player exceptions created at the 2019 trade deadline expired this week without being used, but nearly two dozen new TPEs were generated as a result of the trades completed at this year’s deadline. They’ll expire next February, so they could be used during the offseason or sometime next season.

The full list of traded player exceptions created this week is below, sorted by amount. The player whose departure helped generate the TPE is noted in parentheses. The full list of available trade exceptions can be found right here.

In addition to the traded player exceptions from the deals completed on February 6, this list includes the exceptions created on February 5 in the four-team trade involving the Hawks, Timberwolves, Rockets, and Nuggets.

It doesn’t include trade exceptions generated in deals earlier this season, such as the $7,069,662 TPE the Trail Blazers got when they sent Kent Bazemore to Sacramento in a five-player trade. Again, the full list of current TPEs can be found here.

If you have any questions or corrections, please let me know in the comment section below.

Salary information from Basketball Insiders and Early Bird Rights was used in the creation of this post.

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.

Kings Trade Dewayne Dedmon To Hawks

FEBRUARY 6: Nearly 24 hours after it was agreed upon, the Kings and Hawks have officially announced their trade sending Dedmon and a pair of second-round picks to Atlanta in exchange for Parker and Len. Sacramento also confirmed that the team has released Eric Mika, as we relayed in a separate story.

FEBRUARY 5: Dewayne Dedmon will return to Atlanta, as the Kings have reached a deal to send their unhappy center to the Hawks, tweets ESPN’s Adrian Wojnarowski.  Sacramento will receive Jabari Parker and Alex Len in return, while Atlanta will get a pair of second-round picks.

The two second-round selections aren’t Sacramento’s own picks, according to Sam Amick of The Athletic (Twitter link), who reports that the Hawks will receive Houston’s 2020 second-rounder and Miami’s 2021 second-rounder. The Kings had been owed seven extra second-round selections through the 2025 draft, so they’ll still have a surplus of picks going forward.

Because the Kings have a full roster, they’ll have to open a spot before the deal can be completed. One possibility is an early release for Eric Mika, who signed a 10-day contract on February 1.

Dedmon was the Hawks’ starting center for the past two seasons before joining the Kings in free agency last summer on a three-year, $41MM contract. Things quickly went south in Sacramento as he lost his starting job to Richaun Holmes. He became outspoken about his lack of playing time and was fined $50K in early January for making a public trade request. Dedmon averaged 5.1 points and 4.9 rebounds in 34 games with the Kings.

Sacramento adds Parker, who holds a $6.5MM player option for next season, along with Len, who has a $4.16MM expiring contract. Both are former top-five draft picks who are trying to revive their careers after disappointing starts.

Parker averaged 15.0 points and 6.0 rebounds in 32 games after signing with the Hawks as a free agent last summer. He was also traded at last year’s deadline, making the Kings his fourth team in the past two seasons. Len was averaging 8.7 PPG and 5.8 RPG through 40 games in his second season with Atlanta.

The deal didn’t catch Len by surprise, according to Chris Kirschner of The Athletic. (Twitter link). When asked before tonight’s game about the trade that will bring Clint Capela to Atlanta, Len responded, “We have what like 24 hours left (until the trade deadline)? It’s going to be really interesting because we have four bigs. Something is probably going to happen now.”

Photo courtesy of USA Today Sports Images.

Kings Waive Eric Mika

The Kings have terminated Eric Mika‘s 10-day contract to open a roster spot so they can complete a trade with the Hawks, tweets James Ham of NBC Sports Bay Area.

Sacramento agreed last night to send Dewayne Dedmon to Atlanta in exchange for Jabari Parker and Alex Len. Because the Kings had a full roster, another move was necessary before the deal could be finalized.

Mika, a 25-year-old power forward, got into just one game after signing his contract on February 1. He scored six points and collected seven rebounds in 19 minutes.

Kings Intend To Retain Bogdanovic Through Deadline

A report two weeks ago suggested the Kings were unlikely to move Bogdan Bogdanovic at this year’s deadline, but his name has continued to surface in trade rumors since then. Now, with just hours to go until the 2020 deadline arrives, James Ham of NBC Sports California reports more definitively that Sacramento intends to hang onto Bogdanovic.

When the Kings agreed to send Dewayne Dedmon to the Hawks on Wednesday night, it helped create some extra flexibility for the team moving forward. Dedmon has a guaranteed $13.3MM salary for next season, while incoming players Alex Len and Jabari Parker could both reach the open market — Len is on an expiring contract, while Parker has a $6.5MM player option. Even if Parker exercises that option, Sacramento will have saved $6.8MM for 2020/21 in the swap.

A source with knowledge of the Kings’ plans tells Sam Amick of The Athletic that the Dedmon deal was made in part with Bogdanovic’s future in mind. Marc Stein of The New York Times referred to re-signing Bogdanovic as a “major motivation” for that trade with the Hawks, adding (via Twitter) that Sacramento is now optimistic it has the flexibility necessary to work out a new deal directly with the RFA-to-be or match any offer sheet.

Bogdanovic, is having arguably his best year as a pro, averaging a career-best 14.6 PPG to go along with 3.3 APG, a .437 FG%, and a .378 3PT%. The third-year swingman has the ability to handle multiple positions, playing on or off the ball, and drawn interest from a number of teams around the NBA, including the Lakers, Sixers, and Hornets.

Ham has previously suggested that Bogdanovic’s price tag could be in the $15-18MM range. As Amick points out, trading Dedmon means the Kings could go all the way up to $20MM+ if necessary and still not be at risk of entering tax territory. Amick also notes that the trades being made by Atlanta and Memphis this week figure to significantly reduce their cap room for the offseason, perhaps reducing the odds that one of those rebuilding clubs makes a run at Bogdanovic.

Amick’s Latest: Rockets, Len, D-Lo, Bogdanovic, Pistons

The Rockets remain on the lookout for a center who can help the team fill the hole that will be created when Clint Capela is officially sent to Atlanta, writes Sam Amick of The Athletic. According to Kelly Iko of The Athletic (via Twitter), Houston is moving closer to a deal for a center and is in talks with a pair of Eastern Conference teams.

Both Amick and Iko indicate the Rockets have shown a willingness to take on some “bad” salary if it helps them acquire an asset or two.

Once the four-team trade involving Capela is officially complete, Houston will have limited flexibility to acquire a center or absorb an unwanted contract. However, until that point, the Rockets could try to fold a separate trade into that four-team deal, which would allow them to take back up to $12MM+ in additional salary (up to $5.8MM before reaching the tax line).

Alex Len is one potential fit for the Rockets, according to John Hollinger of The Athletic, who suggests that the Hawks would want at least a second-round pick for Len. Since Atlanta is already part of the Rockets’ four-team trade, this could be simpler than bringing a fifth club. But I wonder if the Hawks would want to get back the 2024 second-rounder they’re sending to the Rockets in addition to acquiring a separate second-rounder for Len.

Here’s more from Amick and Hollinger:

  • A source confirmed to Amick that the Knicks continue to pursue D’Angelo Russell, but said none of New York’s offers have been “even remotely appealing” to the Warriors.
  • Kings swingman Bogdan Bogdanovic is generating “serious” interest, but a source says the Kings are still happy to keep Bogdanovic and attempt to re-sign him in free agency, according to Amick. As of this afternoon, Sacramento wasn’t discussing a Kyle Kuzma deal with the Lakers, but many teams around the NBA have registered interest in Bogdanovic, including the Sixers and Hornets, Amick notes.
  • The Pistons are “open for business” and willing to discuss just about anyone, per Amick and Hollinger. However, a source with knowledge of the situation downplayed the idea that Derrick Rose will be moved before the deadline.
  • The Magic are unlikely to do anything too significant, but remain in the market for “good, young perimeter help,” says Hollinger.