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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: Murray, Powell, George, Lakers

October 26th, 2022 at 11:00pm CST by Arthur Hill

Rookie forward Keegan Murray has already won a spot in the Kings‘ starting lineup, writes Jason Anderson of The Sacramento Bee. Coach Mike Brown made the announcement after today’s practice that Murray will replace KZ Okpala for Thursday’s game against the Grizzlies.

Murray, the No. 4 pick in this year’s draft, has made a strong impression early in his NBA career. He’s averaging 17.5 points and 4.5 rebounds in his first two games while shooting 54.2% from the field and 43.8% from three-point range. The new starting unit of Murray, De’Aaron Fox, Kevin Huerter, Harrison Barnes and Domantas Sabonis has only played 11 minutes together, but it has a plus/minus rating of plus-55.3.

“I think it helps us tremendously,” Fox said. “When he gets on the floor, you feel the spacing increase. When you have somebody like Draymond (Green) not trying to help off of you, that’s the ultimate respect, so I think everybody in the league pretty much knows what he can do, and he can help us, not only with shooting, but just with his entire package.”

There’s more from the Pacific Division:

Clippers swingman Norman Powell isn’t panicking about seeing so many of his shots misfire, according to Andrew Greif of The Los Angeles Times. Powell has gotten off to an unusually slow start, ranking second-worst in the league in effective field goal percentage and drawing shooting fouls about half as often as he did last season. “I think I’ve just got to relax a little bit and kind of let the game come to me and make the plays that are in front of me, not just for myself but for the team,” Powell said. “I’ll go back, continue to watch film, continue to find ways where I can be better not just scoring the ball but offensively, defensively, moving the ball, playing for others and continue just to grind.”
Paul George insists that Kawhi Leonard is the team’s primary scoring option, but Law Murray of The Athletic believes George may have to accept that role for the Clippers to be successful. With Leonard working his way back from surgery for a partially torn ACL, there are going to be many nights when George has to carry the scoring load.
The Lakers are already at a critical point in their season and need to make a move with Russell Westbrook, argues Chris Mannix of Sports Illustrated. Mannix recommends calling the Pacers and completing the rumored deal that would send Westbrook and unprotected first-rounders in 2027 and 2029 to Indiana in exchange for Myles Turner and Buddy Hield.

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.”

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.”

Warriors Notes: Wiggins, Williams, Green, Brown, Kerr, Wiseman

October 24th, 2022 at 10:57pm CST by Dana Gauruder

Andrew Wiggins, who signed a four-year, $109MM extension before the season, is playing like a star in the early going. He’s averaging 22.3 points, 6.3 rebounds, 2.7 assists, 2.3 steals and 1.3 blocks through the first three games. Warriors coach Steve Kerr believes Wiggins is playing at the top of his game, according to Dalton Johnson of NBC Sports Bay Area.

“This is the best I’ve ever seen Wiggs,” Kerr said. “He was an All-Star last year, he helped us win a championship and I think he’s used that momentum that he gained a year ago to kind of springboard into this season.”

We have more on the Warriors:

Suns coach Monty Williams was “quietly upset” that JaMychal Green joined the Warriors on a one-year, veteran’s minimum contract, Duane Rankin of the Arizona Republic tweets. “Why did he go there?” Williams said.
The Warriors topped the Kings 130-125 on Sunday in a coaching matchup featuring Kerr and his former top assistant, Mike Brown. Kerr is thrilled that Brown got another head coaching job, Anthony Slater of The Athletic writes. “He’d always talk about how much he loved this job,” Kerr said. “That’s always what we’d lean on if he didn’t get an interview somewhere. Like, ‘You’ve got a pretty good gig. I’ve got it good. You’ve got it good. We’ll just keep it going.’ But we both felt like he was too talented and too young not to get another chance.”
In a subscriber-only story, Howard Beck of Sports Illustrated speaks to James Wiseman about his comeback from a knee injury that kept him out of action last season. Wiseman is averaging 11 points and six rebounds in 17.7 minutes per game.

Pacific Notes: Murray, Warriors, Paul, Clippers

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

COVID-19 delayed Keegan Murray‘s NBA debut, but the Kings rookie was on the court tonight, writes Jason Anderson of The Sacramento Bee. Murray had to sit out Wednesday’s season opener while recovering from the virus, but he was able to practice the past two days without any limitations.

“You can’t tell he had COVID,” De’Aaron Fox said. “Obviously, he’s still a rookie and he’s learning, but I think he’s excited and we’re excited to have him out there for a game that counts.”

Murray, the fourth pick in this year’s draft, raised expectations with a strong performance during Summer League and followed that by averaging 16.0 PPG while shooting 70.6% from the field and 70% from three-point range in two preseason games. He’s looking forward to performing for Sacramento fans after seeing the enthusiasm they brought to opening night.

“We have one of the best fan bases in the NBA,” Murray said. “So just being able to play in front of them and get a win — that’s my biggest goal — I think it will be really special once I’m able to get back on the floor.”

There’s more from the Pacific Division:

The Warriors boast a deep and talented roster that will eventually lead to tough decisions for head coach Steve Kerr, writes Kendra Andrews of ESPN. Kerr used an 11-man rotation in the season opener, with nine players logging at least 15 minutes. “You have 11 guys that probably deserve the opportunity to play,” Stephen Curry said. “There’s going to be different lineups every night, especially early in the year. … We’re going to have to develop that chemistry as we go. You’re going to continue to try and experiment and give guys opportunities to go out and hoop.”
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.
Clippers owner Steve Ballmer unveiled his new streaming service tonight, per Andrew Greif of The Los Angeles Times. ClipperVision is available without a cable subscription and will show 74 of the team’s 82 games. Six live stream options are offered for each game, and one includes former NBA players providing guest commentary.

Fox Feels Comfortable In Small Market

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

De’Aaron Fox signed a five-year extension in November 2020 and he hopes to continue his relationship with the Kings for many seasons, as he told Sam Amick of The Athletic. “I’ve never been the type of person that wants a big market,” Fox said. “(So) if I can go to a small market, and then win, those are the types of things that I feel like are more important to me. It’s being able to bring winning back to the city. That is definitely my goal.”

Injury Notes: Garland, Embiid, Curry, J. Murray, More

October 21st, 2022 at 8:26pm CST by Rory Maher

Cavaliers point guard Darius Garland, a first-time All-Star last season, has been ruled out of Saturday’s game at Chicago due to his eye injury, according to Chris Fedor of Cleveland.com (Twitter links). Garland didn’t travel with the team and the “current feeling” is that Garland is “improbable” to play in Cleveland’s home opener on Sunday against Washington, Fedor adds.

Garland suffered a lacerated eyelid when he was inadvertently poked in the eye by Gary Trent Jr. in the second quarter of the Cavs’ 108-105 loss to the Raptors on Wednesday. Fedor reported on Thursday that Garland does not have structural damage and won’t require surgery.

Here are some more injury-related notes from around the NBA:

Sixers head coach Doc Rivers says that Joel Embiid‘s conditioning was impacted by plantar fascitiis during the offseason, as Noah Levick of NBC Sports Philadelphia relays. “He had a little plantar fasciitis before the season started — before training camp — and that took him off his conditioning program,” Rivers said. “And so he’s back on that. But listen, he’s playing with the right intentions. He just didn’t play well, and that’s OK, too. That’s going to happen. We’ve still got to win those games.” The Sixers dropped their first two games of the season, with Embiid looking pretty sluggish. Rivers reiterated that Embiid is no longer dealing with the injury, but needs to regain his rhythm and conditioning.
Guard Seth Curry (offseason ankle surgery) is likely to travel with the Nets for their two-game road trip next week, but “probably” needs more practice time before he returns to action, head coach Steve Nash said on Friday (Twitter link via Brian Lewis of The New York Post).
Nuggets guard Jamal Murray, who played his first regular season game on Wednesday since suffering a torn ACL in April 2021, is out for Friday’s game against the Warriors, head coach Michael Malone told reporters (Twitter links via Kendra Andrews of ESPN). According to Andrews, Malone said the Nuggets are resting Murray because Friday is the first of a back-to-back. However, that might not be the case for the entire season, Malone added.
No. 4 overall pick Keegan Murray will make his debut on Saturday against the Clippers after being a full participant in Friday’s practice, a source tells ESPN’s Marc J. Spears. Murray was fully cleared by the Kings after exiting the health and safety protocols, Spears writes.
Dillon Brooks (left thigh soreness) and Ziaire Williams (right knee soreness) missed their second consecutive games for the Grizzlies on Friday, the team announced (via Twitter). Memphis won its opener against New York and defeated Houston in game two.

Brown Focused On Playoffs; Brown And Sabonis Improving Kings' Vibe, Culture

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

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.

Health Updates: LaVine, Garland, Turner, K. Murray

October 20th, 2022 at 8:00am CST by Luke Adams

After being ruled out for the Bulls‘ regular season opener due to “left knee management,” Zach LaVine told reporters that his absence was simply precautionary and that the left knee he underwent arthroscopic surgery on in the spring still felt fine. However, head coach Billy Donovan offered a different story when he spoke to the media, writes Rob Schaefer of NBC Sports Chicago.

“There was a lot of very, very physically demanding practices, to be quite honest with you, coming out of the Milwaukee game,” Donovan said, referring to last Tuesday’s preseason finale. “And I think after a few of those, he felt some discomfort.”

As Donovan observed, the Bulls open the season with seven games in 11 days, so they didn’t want to ride their star swingman too hard out of the gate. LaVine’s absence won’t be “a long-term thing where he’s out for weeks,” according to Chicago’s head coach, who insisted that any discomfort LaVine felt didn’t come as a surprise to the club and is part of the recovery process.

“This is not, to me, anything that is unexpected,” Donovan said. “He’s going to experience, at times, whatever word you want to use, discomfort, soreness, whatever it is.”

Here are a few more updates on health issues from around the NBA:

Cavaliers point guard Darius Garland left Wednesday’s opener in the second quarter after getting hit in the face by Toronto’s Gary Trent Jr. during a steal attempt and sustaining a left eyelid laceration, writes Chris Fedor of Cleveland.com. “His head and everything was clear,” head coach J.B. Bickerstaff said. “But he was cut and bleeding pretty bad from the inside of his eyelid.” According to Fedor, there’s no clarity yet on how much time Garland might miss, but the consensus among those who saw him after the game was that the eye “looked like it was in bad shape.”
Myles Turner‘s ankle sprain isn’t considered serious, Pacers head coach Rick Carlisle said after Wednesday’s game, according to Scott Agness of Fieldhouse Files (Twitter link). It’s still unclear when Turner will return to action after missing Indiana’s opener on Wednesday, but it sounds like the team isn’t expecting it to be a long-term issue.
Kings rookie forward Keegan Murray cleared the NBA’s health and safety protocols on Wednesday and was in attendance at shootaround, though he didn’t play in the team’s season opener, tweets James Ham of ESPN 1320 Sacramento. Murray should be ready to make his regular season debut soon, after he clears the necessary conditioning benchmarks.