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Forbes Releases 2020 NBA Franchise Valuations

February 11th, 2020 at 11:44am CST by Luke Adams

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:

New York Knicks: $4.6 billion
Los Angeles Lakers: $4.4 billion
Golden State Warriors: $4.3 billion
Chicago Bulls: $3.2 billion
Boston Celtics: $3.1 billion
Los Angeles Clippers: $2.6 billion
Brooklyn Nets: $2.5 billion
Houston Rockets: $2.475 billion
Dallas Mavericks: $2.4 billion
Toronto Raptors: $2.1 billion
Philadelphia 76ers: $2 billion
Miami Heat: $1.95 billion
Portland Trail Blazers: $1.85 billion
San Antonio Spurs: $1.8 billion
Sacramento Kings: $1.775 billion
Washington Wizards: $1.75 billion
Phoenix Suns: $1.625 billion
Denver Nuggets: $1.6 billion
Milwaukee Bucks: $1.58 billion
Oklahoma City Thunder: $1.575 billion
Utah Jazz: $1.55 billion
Indiana Pacers: $1.525 billion
Atlanta Hawks: $1.52 billion
Cleveland Cavaliers: $1.51 billion
Charlotte Hornets: $1.5 billion
Detroit Pistons: $1.45 billion
Orlando Magic: $1.43 billion
Minnesota Timberwolves: $1.375 billion
New Orleans Pelicans: $1.35 billion
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

February 10th, 2020 at 10:21am CST by Luke Adams

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:

Bam Adebayo (Heat)
LaMarcus Aldridge (Spurs)
Harrison Barnes (Kings)
Bradley Beal (Wizards)
Devin Booker (Suns)
Malcolm Brogdon (Pacers)
Jaylen Brown (Celtics)
Jimmy Butler (Heat)
Mike Conley (Jazz)
Stephen Curry (Warriors)
Anthony Davis (Lakers)
DeMar DeRozan (Spurs)
Andre Drummond (Cavaliers)
Kevin Durant (Nets)
Paul George (Clippers)
Draymond Green (Warriors)
James Harden (Rockets)
Montrezl Harrell (Clippers)
Joe Harris (Nets)
Tobias Harris (76ers)
Gordon Hayward (Celtics)
Dwight Howard (Lakers)
Brandon Ingram (Pelicans)
Kyrie Irving (Nets)
LeBron James (Lakers)
Kyle Kuzma (Lakers)
Kawhi Leonard (Clippers)
Damian Lillard (Blazers)
Brook Lopez (Bucks)
Kevin Love (Cavaliers)
Kyle Lowry (Raptors)
JaVale McGee (Lakers)
Khris Middleton (Bucks)
Donovan Mitchell (Jazz)
Victor Oladipo (Pacers)
Chris Paul (Thunder)
Mason Plumlee (Nuggets)
Marcus Smart (Celtics)
Jayson Tatum (Celtics)
Klay Thompson (Warriors)
Myles Turner (Pacers)
Kemba Walker (Celtics)
Russell Westbrook (Rockets)
Derrick White (Spurs)

Ujiri's Future Remains Major Question Mark

February 7th, 2020 at 4:45pm CST by Dana Gauruder

Even though the Knicks hired Leon Rose as team president, speculation over Masai Ujiri’s future will continue to grow unless he signs a new contract with the Raptors, according to Michael Grange of SportsNet Canada. There have been preliminary discussions between Ujiri and the team’s ownership group but nothing has changed regarding the Raptors president’s desire to put off his contract status until this summer, according to Grange. Ujiri’s contract runs out after next season.

Trade Deadline Notes: Bucks, Raptors, C’s, Heat, Thunder, More

February 6th, 2020 at 2:14pm CST by Luke Adams

The 2:00pm CT trade deadline has now passed, but word of last-minute deals can sometimes trickle in after the buzzer. That won’t be the case for the Raptors and Bucks though, according to ESPN’s Zach Lowe, who reports (via Twitter) that the Eastern Conference’s top two teams didn’t make a move today.

Here are more deadline updates:

It was a fairly quiet deadline for many of the top Eastern teams. The Celtics didn’t make a trade either, per Adam Himmelsbach of The Boston Globe (Twitter link). And the Pacers also stood pat, tweets ESPN’s Adrian Wojnarowski.
The Heat were active earlier in the day, finalizing a trade to acquire Andre Iguodala. However, the team didn’t expand that deal to include Thunder forward Danilo Gallinari, Barry Jackson of The Miami Herald confirms (via Twitter). As Anthony Chiang of The Miami Herald explains (via Twitter), the Heat’s extension talks with Gallinari were more of a hang-up than the trade talks with the Thunder, given Miami’s desire to keep its cap clear for 2021.
The Thunder, having held onto Gallinari, didn’t make any deadline deals, tweets Wojnarowski.
The Jazz stood pat today as well, tweets Andy Larsen of The Salt Lake Tribune. So did the Spurs, says Chris Haynes of Yahoo Sports (via Twitter).

Knicks Plan To Hire Leon Rose As Head Of Basketball Operations

February 6th, 2020 at 9:37am CST by Luke Adams

The Knicks and CAA player agent Leon Rose are nearing a deal that would make him the team’s new head of basketball operations, league sources tell Shams Charania of The Athletic (Twitter link).

ESPN’s Adrian Wojnarowski, who reported with Ramona Shelburne that Rose had become a top target for the Knicks, confirms that the team plans to hire the veteran agent as its next president (Twitter links). Ian Begley of SNY.tv first reported (via Twitter) that the Knicks had interest in Rose.

As Wojnarowski details (via Twitter), Rose has been one of the NBA’s top agents for years and has a star-studded list of clients that includes Joel Embiid, Chris Paul, Devin Booker, and Karl-Anthony Towns. The Knicks have plenty of experience dealing with Rose, as he also represents Carmelo Anthony.

Rose is expected to assume control of a front office that was previously run by Steve Mills, who was dismissed from his position as president of basketball operations earlier this week.

General manager Scott Perry took over as the top man in New York’s front office on an interim basis following Mills’ ouster, and he appears to be running the show for today’s trade deadline. He and the Knicks have a mutual option for 2020/21, meaning both sides would have to pick up that option for Perry to remain with the team, so we’ll see how that situation plays out. Newsday’s Steve Popper (Twitter link) hears that Perry is not expected to stay on under the new regime.

William Wesley, better known as “World Wide Wes,” is a strong candidate to join the Knicks’ front office under Rose, a source tells Begley (Twitter link). Wes, who is well-connected with players around the NBA, is a CAA consultant and has a strong relationship with Rose, according to Begley.

After firing Mills, the Knicks were immediately linked to Raptors president of basketball operations Masai Ujiri, who has long been considered New York’s dream candidate. However, given how quickly New York moved forward on its front office search, it seems as if Ujiri wasn’t a serious option, despite rumblings that he might have interest in the job.

Begley had reported this morning (via Twitter) that there was “serious pessimism” surrounding the Knicks’ pursuit of Ujiri, in part due to the compensation that would have been required to get him out of his Raptors contract. With the Knicks moving in another direction, fans in Toronto can rest easy.

Before deciding on Rose, the Knicks were said to be considering a handful of other player agents as they look to emulate a model that has succeeded for the Warriors and Lakers, who hired former agents Bob Myers and Rob Pelinka, respectively.

Austin Brown and Roger Montgomery were among the agents reportedly receiving consideration from the Knicks, along with B.J. Armstrong, as Stefan Bondy of The New York Daily News reported this morning (via Twitter).

Once Rose is officially hired by the Knicks, one of his first tasks this spring will be making a decision on the team’s head coach. Mike Miller has held that position on an interim basis since replacing David Fizdale earlier in the season.

Knicks Rumors: Russell, Morris, Trier, Caruso, Ujiri

February 5th, 2020 at 2:21pm CST by Luke Adams

The Knicks continue to pursue Warriors point guard D’Angelo Russell with the trade deadline 24 hours away, according to Newsday’s Steve Popper and Shams Charania of The Athletic (Twitter links).

Reports earlier in the week had revealed the Knicks’ interest in Russell. However, those stories were published prior to Steve Mills‘ ouster from the front office, so it wasn’t clear if the remaining group – led by interim head of basketball operations Scott Perry – would continue to go after the fifth-year guard.

While today’s reports confirm that the Knicks remain interested in Russell, Charania hears that New York’s proposed package haven’t been enough to close the gap and meet Golden State’s asking price.

As we noted last night when we checked in on the Timberwolves’ pursuit of Russell, the Warriors were said to be seeking at least one of Minnesota’s own unprotected first-round picks — preferably in 2021, which is expected to be a strong draft than 2020. The Wolves were reportedly dangling Brooklyn’s lottery-protected 2020 first-round selection and their own protected ’20 first-rounder as part of their offer.

Presumably, the Warriors will be seeking at least one unprotected Knicks first-rounder in talks with New York. However, there’s no consensus within the Knicks’ front office on the team’s willingness to give up first-rounders to land D-Lo, tweets Ian Begley of SNY.tv.

Here’s more on the Knicks:

Newsday’s Steve Popper (Twitter link) is hearing that Marcus Morris will be moved before the deadline. Marc Stein of The New York Times conveys a similar sentiment, tweeting that the Knicks know they can trade Morris and now it’s just a matter of where.
In addition to touching base about Kyle Kuzma, the Knicks and Lakers have also discussed Allonzo Trier and Alex Caruso, according to Ian Begley of SNY.tv. Those talks took place before Mills’ ouster and didn’t advance, sources tell Begley.
According to Marc Berman of The New York Post, Knicks owner James Dolan would like to move fairly quickly on the team’s front office search, possibly so there’s a new president in place for a head coaching search in the spring.
An in-season search would reduce the likelihood of the Knicks landing Raptors president Masai Ujiri, Berman notes. However, a source suggests to Berman that might be okay with Dolan, who values loyalty and may not want to push Ujiri to break his contract in Toronto. Dolan may also been wary of Ujiri using the Knicks for leverage in extension talks with the Raptors, the source tells Berman.
Within a separate SNY.tv article examining possible front office targets for the Knicks, Begley writes that R.C. Buford (Spurs) and Kevin Pritchard (Pacers) aren’t realistic options. Both executives are on long-term deals and Buford has a CEO title in San Antonio.
Recently hired by the Knicks as a brand consultant, Steve Stoute is a “prominent voice” within the organization right now, according to Popper (Twitter link), who says Stoute is involved in the front office search.

Atlantic Notes: Sixers, Gasol, Raptors, Nets, C’s

February 5th, 2020 at 11:02am CST by Luke Adams

As Sixers general manager Elton Brand weighs possible trade scenarios this week, the final pre-deadline look he got at his roster came on Monday, when Philadelphia was run off the court by Miami in a 137-106 blowout. The Heat’s dominant win extended the 76ers’ losing streak to three games and drew some criticism from All-Star guard Ben Simmons.

“We were soft,” Simmons said of the Sixers, per ESPN’s Cameron Wolfe. “… The physicality side of things, we gotta step that up. That comes with experience, also just comes with personality. Don’t get bullied.”

While Simmons’ comments likely won’t have any direct impact on what Brand does at the deadline, Wolfe points out that the former No. 1 pick also called the Sixers “soft” last January. The club’s deal for Tobias Harris came a few weeks later.

This time around, the Sixers aren’t as well-equipped to make a blockbuster trade, so a move around the edges – possibly for a shooter – is more realistic. For the most part, it’ll be up to the current group to get out of its latest slump, which has dropped Philadelphia’s road record to 9-18 for the season.

Here’s more from around the Atlantic:

It sounds like Raptors center Marc Gasol, who is dealing with a hamstring injury, will likely be sidelined through the All-Star break, tweets Michael Grange of Sportsnet.ca. Gasol’s hamstring isn’t viewed as a serious issue, but the club wants to be cautious.
There are several reasons why the Raptors are unlikely to make a major trade at this season’s deadline, including the way their roster is constructed and their intrigue with the pieces they already have, writes Josh Lewenberg of TSN.ca.
The Nets also look like a long shot to make a splash on the trade market this week, according to Brian Lewis of The New York Post. Everything that Lewis is hearing from team and league sources points toward Brooklyn doing something relatively minor if the team makes a move at all. Rodions Kurucs, Dzanan Musa, Theo Pinson, and Wilson Chandler are among the Nets’ trade candidates, in Lewis’ view.
The Celtics‘ trade deadline plans could be affected to some extent by what they expect Gordon Hayward to do with his $34MM player option this summer, says Steve Bulpett of The Boston Herald. Boston has a few different paths this offseason depending on whether Hayward opts in, leaves in free agency, or signs a new long-term deal with the C’s. As Bulpett relays, the veteran forward isn’t ready to make a decision on that option. “I haven’t thought about it at all,” Hayward said.

Latest On Masai Ujiri, Knicks’ Front Office Search

February 5th, 2020 at 8:36am CST by Luke Adams

Following Steve Mills‘ ouster from the Knicks‘ basketball operations department, rumors linking New York to Raptors president of basketball operations Masai Ujiri have resurfaced. Ujiri has long been viewed as the Knicks’ dream candidate, and while that interest hasn’t gone anywhere in the past, Marc Stein of The New York Times suggests there’s a chance this time could be different.

According to Stein, two “long-time Ujiri watchers” whom he trusts have been saying since December that they think the Raptors’ president intends to maneuver his way to New York. Both of those sources even said Ujiri may try to bring along Toronto general manager Bobby Webster, per Stein. One source told Stein that Ujiri’s relationship with Raptors chairman Larry Tannenbaum is strong enough that the defending champions would likely approve the move if Ujiri wants it badly enough.

Still, Stein cautions that there are caveats. Even if Ujiri wants to make the move to New York, his contract runs through 2020/21, so the Knicks and Raptors would have to agree on draft compensation. Toronto’s asking price would be even more significant if Ujiri wants to bring Webster along, since the young GM looks like Ujiri’s obvious replacement in the Raptors’ front office.

Stein also points out that there’s a belief around the NBA that commissioner Adam Silver and the league office want Ujiri running the Knicks. If team owner James Dolan is sensitive to the idea that the franchise needs Ujiri – who fleeced the Knicks in a pair of trades with Denver and Toronto – as its savior, he may be turned off by the league pushing the idea. For what it’s worth, NBA spokesman Mike Bass told Stein (Twitter link) that the notion of the league pushing Ujiri to “rescue” the Knicks is “100% false.”

In his own look at the Ujiri situation, Michael Grange of Sportsnet.ca writes that even though the Raptors’ president is under contract through 2021, his future will likely be determined in the coming months.

“If something is going to happen with Masai and the Knicks it will happen quick, probably a few days after (this) season is over,” a source told Grange.

Interestingly, Grange suggests that Ujiri’s contract may include an out for the coming summer, though he cautions that it’s not clear whether that’s a formal out or “more of a gentleman’s agreement.” Even if Ujiri can’t formally become a “free agent,” the Raptors are unlikely to force him to stay if he wants to run the Knicks, Grange notes.

While Stein and Grange both lay out the case for a Knicks/Ujiri marriage being plausible, they also both believe it’s possible Dolan has already gotten over his apparent infatuation with the Raptors’ president. We heard on Tuesday that New York may be targeting an NBA agent to run its front office, like the Warriors (Bob Myers) and Lakers (Rob Pelinka) have done. Grange’s source seemed to think Dolan might be more intrigued by that path.

Veteran agent Austin Brown and Kevin Durant‘s manager Rich Kleiman were among the possible candidates mentioned on Tuesday. Sources tell Ian Begley of SNY.tv (Twitter link) that Roger Montgomery is another agent receiving internal consideration from the Knicks for their front office position.

Knicks Have Had Exploratory Kyle Kuzma Talks

February 4th, 2020 at 4:50pm CST by Luke Adams

The Knicks and Lakers have had exploratory discussions about a possible Kyle Kuzma trade, league sources tell Shams Charania of The Athletic (Twitter link).

Charania follows up by tweeting that several contending teams are expressing interest in Marcus Morris. He doesn’t explicitly state that the Lakers are among those teams, but it seems safe to connect those dots.

While Morris could be a nice fit for the Lakers, it would be a challenge for the club to build a trade package for him with Kuzma as a centerpiece. Los Angeles would need to send out at least $10MM in salary and Kuzma makes just under $2MM. With Kentavious Caldwell-Pope unlikely to waive his no-trade clause to accept a trade to New York, that means the Lakers would have to package three or four players to get up to $10MM.

The Knicks added several veteran power forwards during the 2019 offseason, signing Morris, Julius Randle, Bobby Portis, and Taj Gibson in free agency. However, there’s no guarantee that any of those players will be with the franchise for the long term. Only Randle has a fully guaranteed salary for next season, and the man that signed off on all those deals – former president Steve Mills – was dismissed today by the team. It’s possible new interim head of basketball operations Scott Perry envisions a young player like Kuzma as a more logical long-term investment at the four.

Let’s round up a few more Knicks-related items…

While it remains to be seen what sort of compensation the Raptors would want for Masai Ujiri, sources tell Ian Begley of SNY.tv that a team in a similar situation last year asked for two first-round picks when another club inquired about a top executive under contract. That exec was considered to be a tier below Ujiri, according to Begley, who suggests that any Knicks’ discussions for the Raptors’ president of basketball operations would probably have to start with a baseline of two first-rounders.
Within that same story, Begley identifies several other veteran executives who could make sense as targets for the Knicks, including Pelicans GM Trajan Langdon. Sources tell Begley that Langdon has fans within the organization.
Kevin Durant‘s manager Rich Kleiman could be a candidate for the Knicks’ front office opening, according to Marc Berman of The New York Post. A longtime fan of the team, Kleiman has previously expressed interest in running the Knicks. Sources tell Berman that Kleiman would likely want to hire Mark Jackson as New York’s head coach if he were in position to do so.

Knicks Rumors: Ujiri, Rozier, Monk, DSJ, Morris

February 4th, 2020 at 12:30pm CST by Luke Adams

After becoming the first team to fire a head coach during the 2019/20 season, the Knicks are now the first team to part ways with a head of basketball operations this year as well, having announced this afternoon that Steve Mills has been removed from his position as club president.

As general manager Scott Perry takes over the front office on an interim basis, the Knicks will have just over 48 hours to consider how significantly they want to shake up their roster at this winter’s trade deadline.

Here’s the latest on the franchise, including an update on the front office situation:

While Masai Ujiri has long been considered New York’s “dream candidate,” the Knicks’ reluctance to give up draft compensation for the Raptors‘ president of basketball operations may complicate the their pursuit of him, sources tell ESPN’s Adrian Wojnarowski (Twitter link). Ujiri’s contract in Toronto runs through 2020/21, so if he wants to leave before it expires, the Raptors would have leverage to request a sizable return.
Knicks owner James Dolan has already had conversations with one possible candidate to replace Mills, according to Wojnarowski, who suggests (via Twitter) that New York’s search for a new president may move too quickly to wait on a drawn-out courtship of Ujiri.
Following up on a report that the Hornets and Knicks have discussed Julius Randle, Ian Begley of SNY.tv suggests that Terry Rozier, Malik Monk, and Dennis Smith Jr. are among the names that have come up in talks between the two teams. New York pursued Rozier during 2019’s free agent period, but doesn’t have strong interest in him now, according to Begley (via Twitter). It’s worth noting that Begley’s report surfaced before the team parted ways with Mills.
Marc Berman of The New York Post, who previously noted that Mills and Perry disagreed on some deadline-related issues, suggests that one debate in the front office was over whether to trade Marcus Morris or keep him and try to re-sign him in the summer. It’s not clear which side of the debate the two executives were on.
Mike Vorkunov of The Athletic makes a case for why the Knicks should seriously consider pushing for a D’Angelo Russell trade, assuming the price isn’t exorbitant.