Central Notes: Bucks, LaVine, Reed, LeVert
Perhaps wary of the fate of the Lakers and Pacers, who both struggled in the immediate aftermath of the finale of last season’s inaugural in-season tournament, the Bucks‘ post-game celebration after winning Tuesday’s NBA Cup final was decidedly muted, writes Sam Amick of The Athletic.
The NBA had set up a champagne celebration room for the winner of Tuesday’s game, but it went untouched following Milwaukee’s victory (Twitter link via Ben Golliver of The Washington Post).
“The NBA puts a big tournament in front of you, and you go win that motherf—-er. It’s as simple as that,” forward/center Bobby Portis said as part of a larger quote. “They put something in front of you. You set a goal. You chop wood every day. Carry water. And eventually, you get here and you get a medal around your neck. … And then you get back to work on Thursday, which is what we signed up for. It’s part of the gig.”
Here’s more from the Central:
- Citing a source, Joe Cowley of The Chicago Sun-Times says there’s “light momentum” on the possibility of the Nuggets pursuing a trade for Bulls star Zach LaVine. According to Cowley, Chicago’s front office remains steadfast in its desire to avoid adding draft capital to move off LaVine’s maximum-salary contract, though the team is open to potential pick swaps.
- Paul Reed‘s new one-year deal with the Pistons is fully guaranteed, Michael Scotto of HoopsHype confirms (via Twitter). Reed, who was waived and then re-signed for financial flexibility, will receive the prorated portion of the veteran’s minimum.
- He hasn’t received much, if any, national recognition, but Caris LeVert is playing arguably the best — and most efficient — basketball of his career for the Cavaliers and is making a strong case for Sixth Man of the Year consideration. Chris Fedor of Cleveland.com (subscriber link) has the story and quotes on LeVert, who will be an unrestricted free agent in 2025.
Heat Notes: Smith, Butler, Expectations
Heat guard Dru Smith, who is on a two-way contract, has become a key rotation player over the past six games in part due to his impressive defense, writes Anthony Chiang of The Miami Herald. The Heat have been substantially better defensively when Smith has been on the court compared to when he’s not.
“I’m trying to bring as much energy as I can on the defensive end, be disruptive and just try to make inspiring plays on the defensive end,” said Smith, who turns 27 on Dec. 30. “And also just take open shots when they’re there. I want to try to do a better job of getting guys easier looks on the offensive end, getting Bam [Adebayo] some easy baskets in pick-and-rolls, things like that. But mainly when I check in, just trying to breathe life into everybody and bring good energy and try to turn a couple games around.”
As Chiang observes, Smith’s traditional statistics over the six-game stretch have been solid if unspectacular, with the third-year guard averaging 7.8 PPG, 3.0 RPG, 2.2 APG and 2.0 SPG on .485/.529/.750 shooting in 25.3 MPG. But Smith, who is a candidate to be promoted to a standard contract, has drawn praise from his All-Star teammates and his head coach for his heady play.
“When you find guys that just do winning things on both ends of the court over and over and over — that can be consistent to that — that’s a superpower in this league,” Spoelstra said of Smith. “Everybody is searching for that, but he’s kind of the glue that fits, and he can make any unit work — the second unit, the starters. So that’s that thing I say, make me watch, make me play you and then make me for sure not even think about putting somebody else in there.”
Here’s more on the Heat:
- In an interview with Cyro Asseo de Choch of HoopsHype, Smith admitted his NBA journey has been frustrating at times, particularly the 2022/23 campaign, when he was signed and waived multiple times while on two-way deals with Miami. “Yeah, no, there were plenty of days of frustration,” Smith said. “Just questioning, is this what I’m supposed to be doing? You feel like you’re chasing something that just keeps getting further away. But it was all worth it and just continue. But I’m still in the same position. I’m still here on a two-way, still trying to do the same thing. So, keeping that in mind at the same time, always trying to appreciate my opportunities that I get. I try to take advantage of them to the best of my ability.”
- Appearing on NBA Today on Tuesday (Twitter video link), Shams Charania of ESPN referred to Jimmy Butler‘s situation with the Heat as “fluid.” According to Charania, Miami doesn’t feel any urgency to move Butler, but the front office is still open to offers for the star forward, with the Suns and Warriors believed to be his top choices if he does switch teams before the Feb. 6 trade deadline.
- Aside from Pelle Larsson and Tyler Herro, just about every other player on the Heat’s standard roster has fallen short of expectations this season, according to Barry Jackson of The Miami Herald, who explains why that has been bad for the team’s on-court product and its ability to improve through trades.
Clippers Notes: Leonard, Jones, Mann
Clippers star Kawhi Leonard has yet to make his season debut due to a right knee injury. After participating in the non-contact portions of practices last week, the 33-year-old forward was a full participant in Wednesday’s practice, including contact drills, according to head coach Tyronn Lue (Twitter link via Brad Turner of The Los Angeles Times).
While it’s obviously a positive sign that Leonard has progressed to the point where he’s able to do contact work, he will remain out for the team’s three-game road trip, which starts Thursday in Dallas and ends Monday in Memphis. Leonard will travel with the team, however, per Lue.
Here’s more on the Clippers:
- Los Angeles will have multiple days off after Monday’s game, with the team’s next contest coming vs. Golden State on December 27. Law Murray of The Athletic predicts that Leonard will make his season debut on that date, given his current rate of progress (Twitter link). If that comes to fruition, the veteran forward will have missed the first 30 games of the 2024/25 season.
- Derrick Jones is ahead of schedule in his return timeline, as the 27-year-old was a limited practice participant on Wednesday, per Murray (Twitter link). Los Angeles announced eight days ago that Jones, who is recovering from a right hamstring strain, would be reevaluated in two weeks, but he’s officially questionable for Thursday’s matchup with the Mavs, tweets Turner. A free agent addition over the offseason, the high-flying Jones has started all 25 games in which he’s appeared this season.
- Another injured Clipper, swingman Terance Mann, was able to do some “shooting and some ball-handling stuff” in Wednesday’s practice, according to Lue (Twitter link via Murray). As Murray notes, Mann had surgery to repair a broken finger on his non-shooting hand a couple weeks ago and is set to be reevaluated next week. Murray suggests Mann could return in a couple weeks during another three-game road trip (Dec. 30 – Jan. 2).
Hawks’ Okongwu Out At Least Four Games With Knee Inflammation
Center Onyeka Okongwu is dealing with left knee inflammation and will be sidelined for at least four games, the Hawks announced in a press release (Twitter link). According to the team, Okongwu will be reevaluated in about a week.
The Hawks will be in San Antonio on Thursday for a road game against the Spurs before returning home to Atlanta for a four-game homestand. Okongwu will miss Thursday’s contest and the first three home games of that stretch (vs. Memphis, Minnesota and Chicago). The earliest he could return would be next Saturday vs. Miami.
Although he’s technically a backup, Okongwu has actually averaged more minutes per game (23.8) than starting center Clint Capela (23.0) in 2024/25. Through 25 games, Okongwu has averaged 11.3 points and 6.6 rebounds, with a shooting line of .542/.244/.779 (he’s a low-volume three-point shooter, having converted 10-of-41 looks from long distance).
Hopefully it’s just a temporary setback for Okongwu, who missed several weeks of action last season due to a left big toe sprain. A former lottery pick (No. 6 overall in 2020), the 24-year-old big man is considered part of Atlanta’s young core. Okongwu’s four-year, $62MM rookie scale extension, which he signed in October 2023, began this season.
Unfortunately, Okongwu isn’t the only player on the roster dealing with an injury, as the Hawks announced earlier on Wednesday that second-year guard Kobe Bufkin will undergo season-ending shoulder surgery.
Reserve big man Larry Nance Jr. will likely rejoin Atlanta’s rotation with Okongwu out.
Western Notes: T. Jones, Schröder, Lyles, Thybulle
Spurs point guard Tre Jones has been cleared to return to action on Thursday vs. Atlanta after missing the team’s previous six games due to a left shoulder sprain, writes Tom Orsborn of The San Antonio Express-News (subscription required). Having also been sidelined for 12 games earlier this season with an ankle injury, Jones admitted it has been a challenging fall.
“I’ve never sat out this much in this season before, so it’s definitely been tough,” Jones said. “But the guys have kept my spirits up. My family at home have kept my spirits up.”
Jones isn’t the only Spurs regular who has battled injuries this season. Jeremy Sochan, Devin Vassell, Victor Wembanyama, Keldon Johnson, and Zach Collins have all missed multiple games. Assuming San Antonio has better health luck going forward, Jones is optimistic about the team’s rest-of-season outlook.
“We feel like we’re in a great position right now,” Jones said. “We haven’t been necessarily healthy this year either yet, so hopefully we can maintain our health moving forward and we can continue to build. We’ve been throwing out a lot of different lineups and that can work to your advantage when guys are knowing that their name is going to be called. But, at the same time, we want to be able to kind of settle into our roles and what we expected coming into the season and be healthy.”
Here’s more from around the Western Conference:
- Dennis Schröder and Draymond Green have had their share of on-court battles in the past, including in Game 6 of the second-round 2023 playoff series when they were hit with double technicals before Schröder’s Lakers eliminated Green’s Warriors (Twitter video link). But there’s no bad blood between them — in fact, playing with Green is one thing Schröder is looking forward to most as he prepares for his Warriors debut, per Dalton Johnson of NBC Sports Bay Area. “I feel really, really excited playing with Draymond,” Schröder said. “Like you guys seen, we were going at it. I knew him before. People were saying, ‘How’s it going to work?’ But we got a good relationship, even before that.”
- Kings forward Trey Lyles is confident he’ll be cleared to return on Thursday vs. the Lakers, according to Sean Cunningham of FOX 40 Sacramento (Twitter video link). Lyles has been on the shelf since November 25 due to a right calf strain.
- Before he scored 19 points on 8-of-9 shooting vs. Portland on Sunday, Suns point guard Tyus Jones earned praise from Trail Blazers head coach Chauncey Billups, who referred to the situation in Phoenix as “tailor-made” for the veteran guard, according to Duane Rankin of The Arizona Republic. “He’s a big shot-maker when put in those positions, but he knows who he is, more than anything,” Billups said. “He knows who he’s playing with, and that’s what they needed. He’s also a very scrappy defender. He doesn’t get a lot of credit for that, but a lot of teams attack him and go after him, and you got a fight on your hands when you do that. I’m proud and happy for Ty and (the Suns) did it right when they got him.”
- Billups provided a minor injury update on Matisse Thybulle on Tuesday, indicating that the injured Trail Blazers forward is doing stand-still shooting on the court but isn’t cleared for contact yet, tweets Sean Highkin of Rose Garden Report. Thybulle’s season debut was delayed due to a right knee issue and he subsequently sprained his right ankle during the rehab process.
Hawks Waive Two-Way Player Seth Lundy
DECEMBER 18: The Hawks have officially waived Lundy, the team announced today in a press release.
DECEMBER 17: The Hawks are waiving two-way guard Seth Lundy, HoopsHype’s Michael Scotto tweets.
Lundy has been sidelined with a left ankle injury and hasn’t appeared in any Hawks games this season.
The 2023 second-round pick out of Penn State saw action in nine games for Atlanta last season but spent the bulk of his time with the College Park Skyhawks in the G League. In those 25 NBAGL games (23 starts), the 6’4″ Lundy averaged 20.4 points, 6.3 rebounds, 2.2 assists and 1.2 blocks in 32.6 minutes per contest. He shot 46.2% from the field and 40% on 3-point attempts.
Lundy signed a two-way deal prior to last season and was re-signed to another two-way contract in July. The 24-year-old underwent ankle surgery in mid-May.
The left ankle procedure removed a medial ankle bone spur. He re-aggravated his ankle while working out before a Hawks preseason game. He will be reevaluated in January, according to Scotto.
Kings’ De’Aaron Fox Discusses Decision To Hold Off On Extension
Kings point guard De’Aaron Fox had the opportunity to sign a three-year, $165MM extension this past offseason, but chose to put off contract talks until the 2025 offseason.
Fox will be eligible for a bigger payday in 2025. His maximum standard extension at that time would be worth a projected $229MM over four years. He could also qualify for a super-max extension worth up to $345MM over five years if he earns an All-NBA spot this season.
While Fox’s decision to bypass an extension this year was considered at least somewhat financially motivated, he also made it clear in an October interview that while he loves playing in Sacramento, he wants to make sure the Kings are committed to “competing at a high level” and “not just fighting for a playoff spot.”
The star guard reiterated that stance in the latest episode of Draymond Green‘s podcast (YouTube link) when the Warriors forward asked him why he decided not to extend his contract this year.
“It has all to do with just the team, the organization,” Fox said (hat tip to RealGM). “Where are we going? I want to make sure that we’re in a position to try to win in the future because that’s ultimately what I want to do. I know I’ll make enough money regardless of where I play or what I do, I’m going to be fine. God forbid, knock on wood, you have a career-ending injury. But aside from that, I feel like I’m continuing to get better as a player every year.
“But for me, it’s: Are we looking like we’re continuing to get better year after year and are we going to be able to compete at a high level? … If we can show that this year, you sign an extension now. If not, obviously I still have another year, but that’s where my mindset is. At some point, will we be able to compete for a championship or really compete at a high level for a long time? That’s where I’m at.
“I love the city. I love being here and I’ve raised my family here. We’ve got the kids’ grandparents here. I would love to be here and retire here. How many people can say they played for one organization for their whole career? I want to be a part of that select few people, but at the end of the day I also want to win.”
After finishing in the lottery in each of Fox’s first five NBA seasons, the Kings won 48 games and snapped a 16-year postseason drought in 2022/23. However, the club was eliminated in the first round of the playoffs and then failed to make it out of the play-in tournament in ’23/24 after winning 46 regular season games.
Sacramento’s front office showed in the offseason that it wasn’t willing to stand pat and hope for internal improvement — the team went out and acquired six-time All-Star DeMar DeRozan via sign-and-trade, awarding him a three-year, $73.7MM contract.
However, the Kings have struggled to string together wins this fall and currently have a 13-14 record, making them the No. 12 seed. They’re 1.5 games back of the No. 10 Lakers for the final play-in spot, though they’re just two games behind the No. 6 Suns for the final guaranteed playoff spot in a congested Western Conference.
There’s an expectation that the Kings will return to the trade market ahead of the February 6 deadline, armed with Kevin Huerter, Trey Lyles, and future draft picks as potential trade chips as they look to further upgrade their roster. While Fox didn’t explicitly call for the front office to continue making moves, his comments to Green suggest he certainly wouldn’t be opposed to it.
“They know I’m going to give all I got, but at the end of the day the organization has also got to give all they got,” Fox said. “That’s where we are right now.”
Fox’s current contract pays him about $34.8MM this season and $37.1MM next season before expiring in 2026. He can’t sign an extension during the current season, but will become extension-eligible again next summer.
Kobe Bufkin To Undergo Season-Ending Shoulder Surgery
Kobe Bufkin will miss the rest of the 2024/25 season, according to the Hawks, who announced today in a press release (Twitter link) that the second-year guard will undergo surgery to address right shoulder instability.
The surgery, which was determined to be the best option for Bufkin after “continued evaluation and additional medical opinions,” will take place on January 7. He’s expected to make a full recovery in time for the start of the 2025/26 season.
The 15th overall pick in the 2023 draft, Bufkin was limited to 17 NBA appearances in his rookie year, having missed a significant chunk of the 2023/24 campaign due to a fractured left thumb and a sprained toe.
He also suited up for 14 games in the G League last season, averaging 23.6 points, 5.9 assists, and 5.4 rebounds in 32.0 minutes per contest for the College Park Skyhawks, with a shooting line of .444/.356/.829.
Bufkin sustained a right shoulder subluxation (ie. a partial dislocation) during a Summer League practice this past July, then suffered the same injury in a practice just before the regular season began. He made his season debut on November 18 and appeared in 10 games this fall, but that shoulder was apparently never 100%, so he and the team have decided to take the surgical route to address it.
The result will be another lost season for Bufkin, who has averaged 5.0 PPG, 2.0 RPG, and 1.6 APG on .374/.220/.654 shooting in 27 total NBA outings (11.9 MPG). Hopefully, the surgery will clear up any lingering issues with the shoulder and allow him to begin his third NBA season fully healthy.
Bufkin is under contract for $4.3MM this season and $4.5MM in 2025/26. The Hawks will have to make a decision by October 31, 2025 on his $6.9MM fourth-year option for the ’26/27 season.
Atlanta will have the ability to apply for a disabled player exception as a result of Bufkin’s season-ending injury. It would be worth half his salary (approximately $2.15MM) and would allow the club to sign a free agent to a rest-of-season contract or to acquire a player on an expiring deal via trade or waiver claim.
Warriors Remain Atop 2024 NBA Franchise Valuations
The Warriors remain the NBA’s most valuable team, according to Kurt Badenhausen of Sportico, who unveiled the website’s updated NBA franchise valuations for 2024 on Wednesday.
Badenhausen projects the Warriors’ value at $9.14 billion, making them one of three teams to surpass the $8 billion mark this year. The Knicks have a projected worth of $8.3 billion, while the Lakers come in at $8.07 billion, per Sportico. Only the NFL’s Dallas Cowboys – at $10.3 billion – have a higher valuation than Golden State among North American sports teams, says Badenhausen.
While Sportico’s figures suggest the Warriors, Knicks, and Lakers are worth significantly more than the fourth-place team (the Nets at $5.7 billion), the average value of an NBA franchise is up to $4.6 billion, with no team worth less than $3 billion.
That average has increased by 15% since Sportico released its 2023 valuations last December and has nearly doubled since the site published its first NBA franchise valuations four years ago, when the average was $2.37 billion.
The NBA’s new $77 billion media rights deal and a 15% increase in team sponsorship are among the factors contributing to the rising valuations of the league’s franchises, according to Badenhausen, who notes that a post-COVID boom in concerts and other major events has been good news for team owners who also control their arenas.
NBA team owners operated 10 of the world’s 20 highest-grossing concert venues in 2024, with the Nets’ Barclays Center coming in at No. 1, says Badenhausen. The Nets’ valuation is up 43% this year, per Sportico, easily the largest year-over-year increase among the 30 NBA franchises.
When Forbes put out its NBA franchise valuations in October, it pegged the average value of a team at $4.4 billion. In the past, we’ve used Forbes as our primary source for NBA franchise valuations, but with Badenhausen making the move from Forbes to Sportico in recent years and the outlet establishing itself as a go-to resource for sports business news, we begun highlighting Sportico’s projections as of 2023.
Of course, it’s worth noting that figures from Sportico, Forbes, or any other media outlet are just estimates and often don’t quite match up with the sale prices for franchises that change hands. But these projections are usually in the right ballpark and remain useful for getting a sense of the league’s most and least valuable teams.
Here’s Sportico’s full list of NBA franchise valuations for 2024:
- Golden State Warriors: $9.14 billion
- New York Knicks: $8.3 billion
- Los Angeles Lakers: $8.07 billion
- Brooklyn Nets: $5.7 billion
- Los Angeles Clippers: $5.68 billion
- Boston Celtics: $5.66 billion
- Chicago Bulls: $5.56 billion
- Miami Heat: $5 billion
- Houston Rockets: $4.77 billion
- Toronto Raptors: $4.66 billion
- Philadelphia 76ers: $4.57 billion
- Dallas Mavericks: $4.46 billion
- Phoenix Suns: $4.32 billion
- Sacramento Kings: $4.11 billion
- Atlanta Hawks: $4.07 billion
- Denver Nuggets: $4.06 billion
- Washington Wizards: $3.98 billion
- Cleveland Cavaliers: $3.95 billion
- Milwaukee Bucks: $3.91 billion
- San Antonio Spurs: $3.79 billion
- Indiana Pacers: $3.74 billion
- Utah Jazz: $3.67 billion
- Portland Trail Blazers: $3.6 billion
- Oklahoma City Thunder: $3.55 billion
- Orlando Magic: $3.46 billion
- Detroit Pistons: $3.45 billion
- Charlotte Hornets: $3.39 billion
- Minnesota Timberwolves: $3.29 billion
- New Orleans Pelicans: $3.09 billion
- Memphis Grizzlies: $3.06 billion
As Badenhausen notes, Sportico’s projections are based on a control sale price, rather than limited stake purchases. No NBA franchise saw its majority control change hands in 2024, but that could change in 2025, with control of the Celtics up for sale.
According to Badenhausen, team executives and investors have predicted a sale price ranging from $4.5 billion to $6.5 billion for the Celtics. The final valuation will be determined by a number of factors, including how many bidders are on the mix, what percentage of the team they can buy, and whether current governor Wyc Grousbeck insists on remaining in that role until 2028, which he has indicated is his goal.
Adam Silver Talks NBA Ratings, Europe, CBA, Las Vegas
Speaking to Joe Vardon and Sam Amick of The Athletic and other media outlets on Tuesday ahead of the NBA Cup championship game, NBA commissioner Adam Silver admitted that the league’s television ratings are “down a bit” this season, but expressed confidence that interest in the league remains strong.
“If you look at other data points, in terms of our business, for example, we’ve just come off the last two years of the highest attendance in the history of this league,” Silver said. “We’re at a point where our social media audience is at the highest of any league and continuing to grow exponentially. So, it’s not a lack of interest in this game.”
Silver pointed out that the NBA isn’t the only league dealing with a decline in traditional television ratings. According to Sports Media Watch, while the ratings for NBA national broadcasts are down 19% compared to the same period last year, men’s college basketball (21%), the NHL (28%), and women’s college basketball (38%) have seen more significant ratings dips. Viewership for college football games has also dropped across all networks this fall, per Sports Media Watch, albeit by single-digit percentages.
“We’re almost at the inflection point where people are watching more programming on streaming than they are in traditional television,” Silver said. “And it’s a reason why for our new television deals, which will enter into next year, every game is going to be available on a streaming service. And as we move to streaming service, putting aside how the actual game is played on the floor, it’s going to allow us from a production standpoint to do all kinds of things that you can’t do through traditional television. All kinds of new functionality, all kinds of new options and screens that are available.”
Some fans and league observers have suggested that a focus on analytics, which has led to a significant increase in three-point shots, has hurt the game’s appeal. According to Vardon and Amick, Silver said moving back the three-point line isn’t something the NBA is seriously considering, but he made it clear the league is having “discussions about the style of basketball” and is open to rule tweaks that wouldn’t drastically change the game.
“It’s not unique to the NBA, where analytics start to be too controlling and create situations where players are doing seemingly unnatural things because they’re being directed to do something that is a more efficient shot,” Silver said. “And part of what we’re focusing on, too, is that what makes these players so incredible is the joy they bring to playing the game and the freestyle notion of the game too.”
Here are a few more highlights from Silver’s media session on Tuesday:
- Silver confirmed that the NBA and FIBA have been discussing launching a new professional league in Europe. “We’re not ready to make any public announcements. We haven’t made any internal decisions yet, but I do think there continues to be an enormous opportunity to take basketball to another level in Europe,” Silver said, per The Athletic. “I think the quality of the basketball in Europe has been fantastic. Many of our top players, of course, are from Europe, but we think there is more of a commercial and fan opportunity to create something special in Europe.”
- Responding to NBA team executives who believe the trade rules in the new Collective Bargaining Agreement have had unintended consequences that have made it too challenging to make deals, Silver suggested those consequences were, in fact, intended, according to Tim Reynolds of The Associated Press. “I understand the frustration of some of the general managers because particularly if you go over the apron, we’ve cut down on your flexibility,” Silver said. “But that was the very intent of the second apron and with the goal being to have a better distribution of star talent around the league. And I think we’ve been successful in doing that.”
- As Reynolds relays, the commissioner pointed to the Bucks (a second apron team) and the Thunder (operating under both aprons) ahead of the NBA Cup final as proof that teams can still succeed using a variety of cap/spending strategies under the new system. “There’s many different ways to win,” Silver said.
- Asked about whether Las Vegas will continue to host the NBA Cup semifinals and final going forward, Silver acknowledged that some teams have expressed interest in playing those games in their home markets. While the league isn’t shutting the door on that idea, it would make scheduling more complicated, according to the commissioner, who said he likes the job Vegas has done as a host the past two years. “You start to build in tradition, you have a lot of fans who can circle these dates on their calendar and plan to come to Las Vegas, plan a holiday around it,” Silver said. “I think the teams are on both sides. I think they like the idea of winning that opportunity to play at home. But then you’ve got to move tickets very short term. We have some experience doing that in the playoffs, but this is a little bit different.”
