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Forbes Releases 2019 NBA Franchise Valuations

February 6th, 2019 at 1:03pm CST by Luke Adams

A year ago, when Forbes released its annual NBA franchise valuations, the Knicks were reeling from the news that Kristaps Porzingis has suffered a torn ACL, but still earned the top spot on Forbes’ list of the league’s most valuable teams.

This time around, Knicks fans are reeling from the trade that sent Porzingis to Dallas. Once again though, the franchise is still considered the most valuable of any of the NBA’s 30 clubs, according to a report from Kurt Badenhausen and Mike Ozanian of Forbes.

For the first time, all 30 NBA teams have a perceived worth of $1.2 billion or more, per Forbes’ annual report. While all 30 teams’ valuations cracked the $1 billion threshold for the first time last year, 10 franchises were below $1.2 billion.

The league-wide average of $1.9 billion per team in 2019 is also a new record, with franchise valuations up 13% in total over last year’s figures. NBA franchise values have once again tripled over the last five years, according to Badenhausen and Ozanian.

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

  1. New York Knicks: $4 billion
  2. Los Angeles Lakers: $3.7 billion
  3. Golden State Warriors: $3.5 billion
  4. Chicago Bulls: $2.9 billion
  5. Boston Celtics: $2.8 billion
  6. Brooklyn Nets: $2.35 billion
  7. Houston Rockets: $2.3 billion
  8. Dallas Mavericks: $2.25 billion
  9. Los Angeles Clippers: $2.2 billion
  10. Miami Heat: $1.75 billion
  11. Toronto Raptors: $1.675 billion
  12. Philadelphia 76ers: $1.65 billion
  13. San Antonio Spurs: $1.625 billion
  14. Portland Trail Blazers: $1.6 billion
  15. Sacramento Kings: $1.575 billion
  16. Washington Wizards: $1.55 billion
  17. Phoenix Suns: $1.5 billion
  18. Oklahoma City Thunder: $1.475 billion
  19. Utah Jazz: $1.425 billion
  20. Indiana Pacers: $1.4 billion
  21. Denver Nuggets: $1.375 billion
  22. Milwaukee Bucks: $1.35 billion
  23. Orlando Magic: $1.325 billion
  24. Atlanta Hawks: $1.3 billion
  25. Cleveland Cavaliers: $1.275 billion
  26. Detroit Pistons: $1.27 billion
  27. Minnesota Timberwolves: $1.26 billion
  28. Charlotte Hornets: $1.25 billion
  29. New Orleans Pelicans: $1.22 billion
  30. Memphis Grizzlies: $1.2 billion

The Sixers are this year’s big riser, moving from 21st on the 2018 list to 12th in 2019. Conversely, the Cavaliers fell the most. After losing LeBron James, Cleveland was the only franchise to see its valuation dip from year to year, as it decreased from $1.325 billion (15th) in 2018 to $1.275 billion (25th) in 2019.

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O’Connor’s Latest: Gasol, Conley, OKC, Prince, More

February 6th, 2019 at 11:16am CST by Luke Adams

As we relayed earlier today, Kevin O’Connor of The Ringer hears that the Hornets‘ offer for Grizzlies center Marc Gasol is Bismack Biyombo, Michael Kidd-Gilchrist, and a protected first-round pick. That would be an underwhelming return for Gasol, but there hasn’t been much league-wide interest in the 34-year-old, O’Connor writes.

The Kings and Pistons were among the teams potentially in the mix for Gasol, according to O’Connor, but Memphis didn’t have any interest in Detroit center Andre Drummond and Sacramento was unwilling to part with promising young wing Bogdan Bogdanovic, whom the Grizzlies wanted.

The Raptors reportedly explored a potential Gasol deal, initially attempting to come up with an individual trade for one Grizzlies veteran before turning it into a package for both Gasol and Mike Conley, O’Connor writes. However, those talks didn’t advance and league sources tell The Ringer that it’s unlikely Toronto ends up with Gasol or Conley.

Elsewhere on the Conley front, the Jazz continue to make a strong push, with an offer that includes Ricky Rubio, Derrick Favors, and a first-round pick, per O’Connor. The sense around the NBA is that the Grizzlies won’t settle for a modest return for Conley, which is something we heard in relation to the Pistons’ offer earlier today.

O’Connor’s latest piece for The Ringer features several more trade-related tidbits, so we’ll round them up here…

  • The Thunder are believed to be among the teams with interest in Cavaliers guard Alec Burks, league sources tell O’Connor. However, Burks wouldn’t fit into OKC’s $10.88MM trade exception. The Thunder, along with the Sixers and Trail Blazers, have expressed interest in Hawks wing Taurean Prince, O’Connor adds.
  • Following up on his report from last week about the Rockets and Grizzlies discussing a Brandon Knight trade, O’Connor suggests that Marquese Chriss and a first-round pick would also go to Memphis in that proposed deal. Houston would be targeting JaMychal Green and Garrett Temple in the swap, though it remains in the discussion stage for now.
  • The Kings have made calls about veteran forwards Harrison Barnes (Mavericks) and Otto Porter (Wizards) but have found no traction on a Porter deal, writes O’Connor.
  • While DeAndre Jordan looks like an obvious trade candidate, it wouldn’t be a major surprise if the Knicks keep him around as a potential recruiter for Kevin Durant, according to O’Connor, who notes that Durant and Jordan are good friends. Stefan Bondy of The New York Daily News wrote about this subject on Tuesday.
  • League sources don’t expect the Celtics to do anything at the deadline with Terry Rozier, since he could serve as potential Kyrie Irving insurance or a sign-and-trade sweetener for Anthony Davis in the offseason, says O’Connor.
  • According to O’Connor, the Pacers remain open to moving one of their two veteran point guards, Cory Joseph or Darren Collison. Both players are on expiring contracts.
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Details On How Porzingis Trade Talks Played Out

February 5th, 2019 at 2:44pm CST by Luke Adams

In his latest newsletter for The New York Times, Marc Stein takes a deep dive into the trade that sent Kristaps Porzingis from New York to Dallas, sharing several interesting new details on the negotiations leading up to the deal itself.

Here’s a round-up of the highlights from Stein:

  • The Knicks spent a good portion of January canvassing the NBA for possible Porzingis trades, according to Stein, who hears the team was rebuffed when it inquired on potential targets like Jazz guard Donovan Mitchell and Kings guard De’Aaron Fox. After devoting much of the month to possible trade scenarios, the Knicks were convinced that no team besides Dallas would take on the Tim Hardaway Jr. and Courtney Lee contracts while also offering a player like Dennis Smith Jr. along with multiple first-round picks, says Stein.
  • New York’s management group has known for years that the Mavericks were very interested in Porzingis, with one Mavs official joking to Stein that Dallas had approached the Knicks “about a hundred times” before they finally showed a willingness to move the All-Star big man. Conversely, the Knicks had been expressing interest in Smith all season, per Stein.
  • The Knicks and Mavericks had been discussing the framework of a possible Wesley Matthews/Hardaway deal for weeks, and began expanding those talks to include Porzingis on January 28, Stein writes. The two teams then worked in person toward finalizing the framework of a deal last Wednesday when the Mavs played the Knicks in New York. However, the Knicks wanted to wait until after they met with the Porzingis brothers on Thursday to make any decisions.
  • Following that Thursday meeting between Knicks management and the Porzingis brothers, Janis Porzingis (Kristaps’ agent) provided the club with a four-team list of preferred destinations, a source tells Stein. The Nets and Clippers were on that list, but the Mavericks weren’t. The Knicks opted to move quickly on the Mavs deal in part due to concern that Porzingis’ camp would leak that list and threaten to only sign long-term with those clubs, Stein adds.
  • The Knicks were informed that Porzingis was ready to leave the team and continue his injury rehab in Spain if he remained on the roster through the trade deadline, Stein hears.
  • Mavericks owner Mark Cuban, with an interesting quote to Stein: “It was my mistake to not keep Dirk [Nowitzki] and Steve [Nash] together longer. I won’t make the same mistake with Luka [Doncic] and KP.”
  • For what it’s worth, Stein reports that the threat of Kevin Durant leaving for the Knicks has “never felt more real” to the Warriors than it does now that New York has cleared two maximum-salary slots for the summer.
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Deveney’s Latest: Wizards, Sixers, Fultz, Morris

February 5th, 2019 at 11:00am CST by Luke Adams

After sharing some trade-related notes on the Trail Blazers, Dario Saric, and Wesley Matthews on Monday, Sean Deveney of Sporting News is back with another handful of trade rumors today. Let’s dive right in and round up the highlights…

  • Wizards owner Ted Leonsis said last week that there are no plans to trade John Wall, Bradley Beal, or Otto Porter at this year’s deadline, and rival executives have heard the same thing in discussions with Washington, writes Deveney. “They’re not budging,” one exec said of the Wizards. “Maybe they’d deal Porter, but they want a star-type player back, and that’s not happening.”
  • The Sixers aren’t yet ready to move on from Markelle Fultz, sources tell Deveney. Fultz is still 20 years old and his value has cratered, so Philadelphia will hold out hope that he can rebuild that value. However, that stance could change in the offseason if the team views Fultz as a key trade chip to acquire important role players.
  • The Sixers have been “very active” on the trade market as they seek depth, but would be content to go the buyout route if necessary, after having success there a year ago, says Deveney.
  • Celtics forward Marcus Morris isn’t a trade candidate, given how important he has been in Boston this season. “I would hate to think where they’d be without Morris,” one scout told Deveney. “All the stuff that’s gone on, at least on the floor, he kind of holds it together for them.”
  • Morris will be an unrestricted free agent this summer and executives around the NBA predict that he’ll command a starting salary in the $11-12MM range, according to Deveney. “Two years makes sense, but maybe a third year on an option,” said one GM. Deveney names the Kings, Jazz, and Pacers as teams that could have interest in the Celtics forward during the offseason.
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Trade Rumors: KCP, J. Parker, O’Quinn, R. Lopez

February 5th, 2019 at 9:51am CST by Luke Adams

In addition to doing their best to pry Anthony Davis away from the Pelicans, the Lakers have reportedly explored a deal with the Bulls involving Kentavious Caldwell-Pope and Jabari Parker. ESPN’s Brian Windhorst reported as much on the Hoop Collective podcast this week, as Matthew Moreno of LakersNation.com relays.

There are a number of potential roadblocks to such a deal. For one, the Lakers would have to include at least one more piece in order to match salaries, since Parker is earning $20MM and Caldwell-Pope has a $12MM cap hit. Most of the Lakers’ other expiring contracts are tied up in their offer for Davis, though they’d be available to move if the Pelicans decide to hang onto AD through the deadline.

Additionally, Caldwell-Pope has the ability to veto a trade, which is why he hasn’t been included in any of the Lakers’ offers to the Pelicans for Davis. Windhorst suggests that the Bulls “really like” Caldwell-Pope, so if KCP reciprocates that interest, perhaps he’d sign off on a deal. But it’s unclear whether he’d agree on a move that would send him from a playoff contender to a lottery team. For what it’s worth, Joe Cowley of The Chicago Sun-Times hears that Caldwell-Pope doesn’t appear to be interested in the Bulls.

Here are a few more trade rumors and notes from around the NBA:

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Wesley Matthews Would Be Popular Target On Buyout Market

February 4th, 2019 at 10:04am CST by Luke Adams

Veteran swingman Wesley Matthews made his Knicks debut on Sunday, but it’s unclear how many more games he’ll play for the club. New York has received “multiple inquiries” about Matthews, according to Marc Berman of The New York Post, who hears from a source that the Sixers are expected to have some interest in a deal.

Berman writes that a buyout “won’t happen,” but that could be posturing from the Knicks’ side, as opening the door for that possibility would diminish Matthews’ value on the trade market. If the 32-year-old ends up being bought out, he’d be a popular free agent target, according to Marc Stein of The New York Times (Twitter link).

Stein identifies the Rockets, Thunder, Raptors, 76ers, and Warriors as teams hoping Matthews makes it to free agency. Tim MacMahon of ESPN.com had previously reported (via Twitter) that Houston would have interest in Matthews on the buyout market.

While the Knicks appear to be resisting the buyout route, it might be tricky for the club to find a taker for Matthews by Thursday’s deadline. The franchise has zero interest in taking on 2019/20 salary, and there aren’t a ton of expiring contracts around the NBA that make sense as salary-matching pieces for Matthews’ own $18.6MM expiring deal.

A team like the Kings might make sense as a trade partner for the Knicks, since they have $11MM in cap room and multiple non-rotation veterans on expiring deals, including Zach Randolph ($11.7MM). Clubs like the Rockets, Thunder, and Raptors, however, wouldn’t have a clear path to a trade, given their current cap situations, which is why they’re hoping Matthews is ultimately bought out.

As the Knicks consider their options with Matthews, it’s worth noting that head coach David Fizdale has said that he believes both Matthews and DeAndre Jordan could have a future in New York, as Berman relays. The Knicks are hoping that Jordan will be a “big influence” on rookie center Mitchell Robinson, Berman adds.

“Both of those guys have played some [playoff] series on some really good basketball teams,” Fizdale said. “And who knows what the future holds for these guys? They’re ours now, free agents at the end of the year, but who knows? I want them to come here and enjoy the process with us and really help the young guys.”

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Lowe’s Latest: Rockets, Prince, Blazers, Heat

February 2nd, 2019 at 3:52pm CST by ChrisCrouse

The Rockets and Cavaliers had discussions about sending Brandon Knight to Cleveland along with a first-round pick in exchange for Alec Burks. However, Zach Lowe of ESPN.com hears that those talks have ceased. Houston has also spoken with the Grizzlies about potential Knight deals.

Cleveland is selling Burks, Rodney Hood, and any other “indispensable asset” prior to the deadline, Lowe writes. The team is willing to take back future salary in exchange for picks.

Houston is expected to scour the market for deals leading up to the deadline with an eye on attaching a future first-rounder to Knight and Marquese Chriss. The Rockets would likely push for lottery protections on any picks that would convey past James Harden‘s prime.

Lowe’s latest piece contains trade nuggets from several teams in the league and we’ve already passed along news from the Grizzlies’ Mike Conley and Marc Gasol sweepstakes as well as the Magic’s pre-deadline plan. Here are the rest of the newsworthy notes from the ESPN piece:

  • The Hawks have made Taurean Prince available in trade talks, sources tell Lowe. Atlanta hasn’t received a ton of traction on Prince deals because of its asking price. The organization wants a young prospect and a pick in exchange for the small forward.
  • The Blazers have put their first-rounder on the table in trade talks, sources tell Lowe. Portland has reached out about Otto Porter Jr.‘s availability, though Wizards owner Ted Leonsis previously announced that the team would not be trading Porter before the deadline.
  • Porter has drawn interest from several teams. In addition to the Blazers, the Mavericks and Jazz have kept an eye on the situation. Dallas was interested in swapping Harrison Barnes for Porter prior to the Kristaps Porzingis trade.
  • Miami appears to be willing to move anyone but Justise Winslow, Josh Richardson and Bam Adebayo for cap relief. Lowe expects the Heat to try to get at least a second-round pick for Wayne Ellington.
  • Lowe confirms a previous report that JaMychal Green, Justin Holiday, and Garrett Temple are all available. Holiday, who was acquired from the Bulls earlier this year, cost the Grizzlies two second-round picks.
  • The Kings have approximately $11MM in cap space available and they want to use it to pick up an asset. Lowe writes that it could be a draft pick or a player who will help them win this season.
  • Sacramento is willing to engage in trade talks about Willie Cauley-Stein, who will be a restricted free agent this summer. The Kings may simply let the center walk should he receive too high of an offer this offseason.
  • The Bulls are expected to listen to offers for anyone but Lauri Markkanen and Wendell Carter. Lowe doesn’t expect Chicago to deal either Kris Dunn or Zach LaVine though, as the team’s asking price is anticipated to be too high.
  • The Nuggets own a pair of trade exceptions and have slightly less than $7MM in breathing room under the tax. They are open to taking on a salary dump if another team calls and has to shed a player in that price range.
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Latest On Mike Conley, Marc Gasol Suitors

February 2nd, 2019 at 1:31pm CST by ChrisCrouse

The Jazz and Grizzlies have explored a trade involving Mike Conley and Ricky Rubio, and Zach Lowe of ESPN.com hears that Utah’s interest in the former No. 4 overall pick is “very real.” The organization could feasibly build a package around Rubio and Derrick Favors, who are both on expiring deals, while peppering in a draft pick or two.

Utah is reportedly unimpressed with the 2019 draft class and their first-round pick is on the table in trade talks. It’s unclear if the Jazz would toss in a second first-round pick for Conley, though it would be a surprising development. Lowe speculates that Dante Exum could be in the mix as part of a package, adding that the Jazz could move on to more affordable targets, such as Nikola Mirotic, if the price for Conley remains too high.

The Conley sweepstakes are expected to heat up as we get closer to the deadline and surprise suitors could emerge. Lowe passes along more from Memphis regarding their two biggest stars:

  • Marc Gasol is hoping for a trade and teams are waiting to see if the Grizzlies lower the asking price for their long-time center, Lowe reports. As for a potential Pistons-Grizzlies deal, Memphis has not shown any interest in acquiring Andre Drummond yet and Lowe hears that Detroit may be saving its trade chips for someone else.
  • The Pistons and Grizzlies have talked about a Conley deal, though discussions did not get very far. Detroit would likely have to ship out Reggie Jackson is a trade for Conley.
  • While Conley would be a nice on-court fit for the Pacers, Indiana has stepped away from Conley talks, sources tell Lowe. Lowe speculates that the Grizzlies would likely ask for Domantas Sabonis is a Conley deal, something that wouldn’t appeal to the Pacers.
  • The Jazz would have interest in signing Tobias Harris this summer should they not trade for Conley or make a major move at the deadline that utilizes their future cap space. The Clippers have received calls for Harris, per Lowe, though rival teams get the sense that they have no interest in trading him. Lowe adds that Los Angeles would be happy to re-sign Harris in the offseason.
  • The Kings are not as interested in Gasol as reports and speculation might suggest. Sacramento doesn’t appear to be willing to hand over a future first-rounder in exchange for the big man, as the club owes its 2019 pick to Boston (Philadelphia gets the selection if it’s the No. 1 pick).
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Kings, Pistons Show Interest In Marc Gasol

January 28th, 2019 at 9:38pm CST by Dana Gauruder

The Kings and Pistons have expressed interest in Grizzlies center Marc Gasol, according to The Ringer’s Kevin O’Connor, citing multiple sources.

The Grizzlies are trying to dump Chandler Parsons‘ contract in the deal. That complicates any potential transaction involving Gasol, since he has a player option for next season worth $25.6MM, O’Connor notes.

Gasol and Parsons are making a combined $48.2MM this season, so packaging them together and making the salaries match up with a trade partner would obviously be a challenging task. Parsons has another guaranteed $25MM remaining in the final year of his contract next season.

Memphis’ willingness to deal its two big-name veterans, Gasol and point guard Mike Conley, became public last week. The Grizzlies have fallen out of the playoff picture, putting them in a seller’s mode.

The motivation for the two suitors mentioned is unclear.

The Kings have been linked to Dallas forward Harrison Barnes as well as Atlanta guard Jeremy Lin in recent weeks. They also showed interest in Knicks center Enes Kanter before talks broke down. So the Kings are seemingly itching to make a move before the February 7th deadline.

How Gasol would fit into their immediate plans is a question mark, since Sacramento has a number of young bigs. It began Monday three games out of the final Western Conference playoff spot. Sacramento’s highest-paid players, Zach Randolph ($11.1MM) and Iman Shumpert ($11.0MM) have expiring contracts, as does Kosta Koufos ($8.74MM).

The Pistons’ interest in Gasol would be centered around dumping salary, so they’d probably have to sweeten the pot with a future first-rounder and a young player. Reggie Jackson, Jon Leuer and Langston Galloway fit the category of bad contracts that run through next season. Detroit is two games out of the final playoff spot in the Eastern Conference despite a prolonged slide.

Alternatively, Detroit could go into full rebuild mode and put Andre Drummond in a deal involving Gasol in order to free up much-needed cap space. If the Pistons were to acquire Gasol without including Drummond in the trade, Gasol would have to come off the bench behind Drummond and Blake Griffin.

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Western Notes: Holiday, Grizzlies, Kings

January 28th, 2019 at 10:05am CST by ChrisCrouse

Anthony Davis has requested a trade and it could have a domino effect on the rest of the Pelicans‘ roster. Jrue Holiday, who is gaining All-Star consideration this year, could be viewed as an attractive trade asset, Bobby Marks of ESPN.com writes.

Holiday, who signed a five-year deal with New Orleans in 2017, is making approximately $26MM this season and will take home the same amount over the next two campaigns. His deal contains a player option worth slightly under $26.9MM for the 2021/22 season.

Marks examines some other potential sellers at the trade deadline. Here are the highlights from the teams in the Western Conference:

  • The Grizzlies are open for business when it comes to trading Mike Conley and Marc Gasol. Conley has the most on-court value, Marks notes. Conley’s deal runs through the 2021/22 season and he’ll take home approximately $34.5MM in the final year of the deal. The point guard will turn 33 prior to that season and his age and length of the deal present risks for rival suitors.
  • Marks expects Garrett Temple, JaMychal Green and Justin Holiday to garner interest from teams in contention for the playoffs. It was previously reported that teams were calling Memphis about Green and Temple. Holiday, whom the Grizzlies recently traded for, can not be dealt in combination with any other player.
  • The Kings are outside the playoff picture and have little incentive to tank considering their first-rounder will go to either Philadelphia or Boston, Marks notes. The team possesses roughly $11MM in cap space, though it doesn’t have to utilize it by the trade deadline. The ability to use the cap space will expire on June 30, so Sacramento could make a deal closer to the NBA draft.
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