Scotto’s Latest: Raptors, Pacers, Hawks, Markkanen, Hornets, More
Rival executives believe Pascal Siakam is more likely to be traded than OG Anunoby if the Raptors decide to shake up their roster, according to Michael Scotto of HoopsHype. In fact, teams looking for help on the wing think Toronto “will do whatever it takes” to retain Anunoby as a free agent in 2024 — he’s widely expected to decline his $19.9MM player option for next season.
Scotto reports that top front office executives from the Pacers and Hawks had extensive conversations with Toronto’s brass at the NBA G League’s Winter Showcase in Orlando this week. Both teams have consistently been linked to the Raptors for several months, Scotto notes.
If the Raptors trade Siakam, they’d be looking for young players and draft capital in return, according to Scotto, with the goal of retooling around Scottie Barnes and Anunoby.
To that end, Pacers forward Jarace Walker, the No. 8 overall pick in the 2023 draft, could be a name to watch in trade talks. He hasn’t played much as a rookie this season, but he’s had some strong performances in the G League. Scotto also hears the Hawks would prefer to keep Jalen Johnson, who was having a breakout third season before sustaining a fractured wrist (he was recently cleared to resume practicing in full).
Here are more rumors and notes from Scotto:
- Jazz forward Lauri Markkanen has been the subject of some trade speculation this season, but Scotto is the latest reporter to reiterate that the Finnish star is expected to stay put. According to Scotto, there are three reasons for that: Markkanen wants to remain with the Jazz, the cost of acquiring him could be exorbitant, and he could renegotiate and extend his contract in the offseason, which would bypass 2025 free agency. Multiple executives told Scotto the idea of a possible Markkanen trade was “wishful thinking.”
- There’s a “strong belief” among rival executives that the Hornets will make front office changes “by next season at the latest,” Scotto writes. If president of basketball operations Mitch Kupchak is fired or moved to a different role, Nets assistant GM Jeff Peterson and Wizards senior VP of player personnel Travis Schlenk are potential candidates to replace him, league sources tell Scotto. As Scotto writes, both Peterson and Schlenk previously worked with new Charlotte co-owner Rick Schnall in Atlanta.
- Kings guard Keon Ellis and Cavaliers guard Craig Porter Jr. are among the top candidates to be promoted to standard deals from their current two-way contracts, per Scotto. Cleveland has an open roster spot and wouldn’t necessarily need to release anyone to give Porter a raise (and make him playoff-eligible), while Sacramento has Juan Toscano-Anderson on a non-guaranteed deal.
Knicks Rumors: Murray, Anunoby, Barrett, Quickley, Fournier
While one recent report indicated the Knicks haven’t been very active in trade conversions thus far this season, Michael Scotto of HoopsHype hears from sources who say New York is among a group of teams that have shown “exploratory interest” in Hawks guard Dejounte Murray.
As Scotto writes, Murray can’t be traded until January 9, which is six months after the one-time All-Star signed a four-year, $111MM+ extension over the summer. But with the Hawks off to a slow start (they’re 12-15, the No. 10 seed in the East), Scotto suggests they’d be willing to listen to offers on several players on their roster, including De’Andre Hunter and Clint Capela, who have both popped up in trade rumors in the past year.
In June 2022, before Murray was traded to Atlanta from San Antonio, multiple reporters said the Knicks were interested in his services — it’s not surprising that they’re rumored to be checking in on his availability again. Through 27 games this season, the 27-year-old is averaging 20.0 PPG, 4.3 RPG, 5.4 APG and 1.5 SPG in 34.3 MPG.
Here are a few more Knicks rumors from Scotto:
- New York is still interested in Raptors forward OG Anunoby, Scotto reports. When the two teams discussed Anunoby last season, RJ Barrett came up in the talks, but “nothing substantive materialized.” According to Scotto, the Knicks would likely have to give up a significant haul of assets to land Anunoby, who can become a free agent in 2024 if he declines his player option for ’24/25.
- The Knicks and Immanuel Quickley did not agree to terms on a rookie scale extension before the ’23/24 season began, and Scotto previously reported that there was a pretty significant gap in what the young guard was seeking on his next deal and what New York was willing to offer. That gap — plus the team’s belief that he would eventually like to start — has made the Knicks willing to consider trading Quickley if the right opportunity arises, according to Scotto.
- Unsurprisingly, Scotto hears the Knicks have also been attempting to trade Evan Fournier and his expiring contract, but they obviously haven’t found any takers yet — otherwise he wouldn’t still be on the roster.
Hawks Sign Vit Krejci To Two-Way Deal, Waive Miles Norris
3:05pm: The Hawks have officially signed Krejci to a two-way contract, the team confirmed today in a press release. He’ll be eligible to appear in up to 33 NBA regular season games as part of the deal.
11:08am: The Hawks are making a change to one of their two-way contract slots, announcing today in a press release that they’ve waived rookie forward Miles Norris. According to ESPN’s Adrian Wojnarowski (via Twitter), Atlanta has agreed to sign G League guard Vit Krejci to fill that two-way opening.
Norris, who played his college ball at three different schools, spent the past three years at UC Santa Barbara before going undrafted this June. He had a strong super-senior season in 2022/23, averaging 14.1 points and 6.1 rebounds in 33.5 minutes per game (35 games) with a .490/.391/.844 shooting line.
Norris quickly agreed to a two-way deal with Atlanta following the draft, but never ended up playing in a regular season NBA game for the team. Appearing in 16 Showcase Cup contests for the College Park Skyhawks – the Hawks’ G League affiliate – the 6’10” forward averaged 9.8 points and 6.8 rebounds in 27.0 minutes per game, with a shooting line of .414/.305/.636.
A 2020 second-round pick, Krejci spent last season with the Hawks, playing a very limited role in 29 NBA appearances after seeing action in 30 games for the Thunder in 2021/22. Atlanta waived him this past offseason and he eventually joined Minnesota’s NBAGL team, the Iowa Wolves. The 6’8″ combo guard just made his Iowa debut on Wednesday after missing time with an injury this fall.
As Brad Rowland of Locked on Hawks notes (via Twitter), Krejci is more NBA-ready than Norris, which may be what Atlanta is prioritizing right now with a few players unavailable due to injuries or personal reasons. Norris will likely remain with College Park on a G League contract, assuming he doesn’t find another NBA opportunity, tweets Lauren L. Williams of The Atlanta Journal-Constitution.
Knicks Notes: Robinson, Trade Targets, Hartenstein, 2019 Draft
Knicks center Mitchell Robinson will reportedly miss the remainder of the 2023/24 season following left ankle surgery. Robinson took to social media in response to the news, and he was understandably discouraged.
“I just don’t get it…I do everything I’m asked when it comes to my body and this s–t still happens like wtf. Another year another disappointment,” he wrote on Snapchat (Twitter link via New York Basketball).
Robinson has battled injuries throughout his career, including being limited to 59 games last season. Despite missing the past six contests, he still ranks second in the league in total offensive rebounds. He was averaging career highs in rebounds (10.3), offensive rebounds (5.3) and steals per game (1.5) prior to the injury.
Here are a few more notes from New York:
- When the Knicks initially ruled Robinson out for at least eight-to-10 weeks, they weren’t in a rush to find a replacement center, league sources tell Fred Katz of The Athletic. In fact, they haven’t been actively involved in trade conversations this fall, according to Katz, who wonders if that will change after applying for a disabled player exception for Robinson. Katz considers potential trade targets who could potentially fit Robinson’s role, either using the DPE or more traditional means. Some players mentioned include Andre Drummond (Bulls), Clint Capela (Hawks), Precious Achiuwa (Raptors) and Daniel Gafford (Wizards).
- Prior to Wednesday’s game in Brooklyn, center Isaiah Hartenstein was asked about the team’s rivalry with the Nets. “Is there a rivalry? I mean, I don’t feel it,” Hartenstein said, per Stefan Bondy of The New York Post. “I mean, most of the time we go to Barclays it’s mostly Knicks fans so I don’t know if it’s really a rivalry at this point.” As Hartenstein mentioned, the Knicks are far more popular than the Nets, and they currently have a better record as well (16-11 vs. 13-14), winning last night’s contest in a blowout.
- The Knicks lost a franchise-record 65 games in 2018/19 in hopes of landing the No. 1 overall pick and selecting Zion Williamson, who has missed more than half of his career games to this point with injuries. They ultimately landed the No. 3 pick and chose RJ Barrett. In a subscriber-only story for The New York Post, Bondy re-drafts the top-15 picks of 2019, with Williamson, Ja Morant and Darius Garland making up his top three, followed by Barrett and Tyler Herro.
Hawks Announce Several Injury Updates
Hawks forward Jalen Johnson has been cleared to resume practicing in full, the team announced today in a press release, adding that Johnson’s status will be updated “as appropriate.”
Johnson was in the midst of a breakout season before suffering a left distal radius fracture on November 25. In his 14 healthy games this year, the 22-year-old averaged 14.6 points, 7.7 rebounds, and 2.5 assists in 31.4 minutes per night, with a .590/.421/.774 shooting line.
The Hawks have gone 3-8 without Johnson and have a +4.6 net rating when he’s on the court this season, which is the highest mark for any player on the roster. The fact that he seems to be nearing a return is great news for the slumping club.
Here are a few more injury updates announced today by the Hawks:
- Hawks rookie guard Kobe Bufkin, who fractured his left thumb on November 2, has also been cleared to practice in full. His recovery timeline was said to be eight-to-10 weeks from the date of his injury, which occurred approximately seven weeks ago, so it sounds like his return isn’t far off.
- Another rookie, forward Mouhamed Gueye, underwent a CT scan on his right low back stress fracture on Monday and has been given the go-ahead to begin light on-court individual work. Gueye isn’t close to returning, however, with Atlanta announcing he’ll be reevaluated four weeks from now.
- Bogdan Bogdanovic, who has missed the past two games due to right ankle inflammation, received treatment on Tuesday and is questionable to play in Wednesday’s game vs. Houston.
- Reserve forward AJ Griffin remains unavailable for personal reasons and will miss a fifth consecutive game on Wednesday. The 2022 first-rounder hasn’t been a part of the Hawks’ regular rotation this season, averaging just 9.2 minutes per game in 12 appearances.
Trade Rumors: Mitchell, Grant, Hawks, Clarkson
There’s no indication that the Cavaliers are considering trading Donovan Mitchell, and the star guard shut down that topic of conversation following injuries to teammates Darius Garland and Evan Mobley. However, in an Insider-only story for ESPN.com, Kevin Pelton argues that it’s something the team should think about, given that Cleveland doesn’t appear to be a legitimate title contender in the short term and Mitchell can become a free agent in 2025.
As Pelton writes, if the Cavaliers aren’t confident in their ability to extend Mitchell beyond his current deal, they could maximize his value on the trade market by moving him sooner rather than later, potentially getting back pieces that could complement Garland and Mobley as they enter their respective primes.
It seems unlikely that the Cavs will heed Pelton’s advice and make Mitchell available in advance of this season’s trade deadline. But if the four-time All-Star eventually ends up on the trade block, the Knicks, Nets, Heat, and “at least two other” Southwest teams would be among the potential suitors to watch, ESPN’s Brian Windhorst said on his latest Hoop Collective podcast (hat tip to NetsDaily).
Here are a few more trade rumors from around the NBA:
- Ever since Damian Lillard requested a trade out of Portland, forward Jerami Grant has been viewed as a logical trade candidate, given that he seems to be on a different timeline than the rebuilding Trail Blazers. However, Danny Marang of 1080 The Fan in Portland (Twitter link) says he continues to hear the team has “zero interest” in moving Grant and is happy with the role he’s playing on the current roster.
- Teams around the NBA are keeping an eye on the Hawks to see if they’ll become a trade deadline seller, Marc Stein writes in his latest Substack story. Atlanta was at the center of several offseason trade rumors – many of which involved Clint Capela and/or De’Andre Hunter – but didn’t end up doing anything too significant and is off to an underwhelming (11-15) start this fall.
- Chris Haynes of Bleacher Report (video link) confirms that Jazz guard Jordan Clarkson is considered available via trade, as previous reports have suggested. Clarkson likes playing in Utah and isn’t seeking an exit, Haynes notes, but multiple contenders have inquired about him.
And-Ones: Panic, Trade Candidates, Awards, Atkinson, Thabeet
Which teams that hoped to be contenders entering 2023/24 should be panicking after slow starts? John Hollinger of The Athletic explores that topic, with the Warriors topping his list (an eight on a scale of one-to-10).
The indefinite suspension of Draymond Green and the poor play of Andrew Wiggins and Klay Thompson “presents a dilemma” for Golden State, which just won the title two seasons ago. The Warriors will be faced with many difficult decisions in the coming months, Hollinger notes, with Thompson’s expiring contract looming large.
The Raptors (seven), Hawks (six), Grizzlies (five) and Suns (four) also hold places on Hollinger’s “Panic Meter” for various reasons.
Here are more odds and ends from around the basketball world:
- Speaking of the Raptors, two of their starters — Pascal Siakam and OG Anunoby — are at the top of the trade candidate big board compiled by Sam Vecenie of The Athletic. Bulls guard Zach LaVine ranks third on the 25-player list, followed by his Chicago teammates DeMar DeRozan and Alex Caruso.
- Tim Reynolds of The Associated Press takes a look at the early impact of the NBA’s new 65-game requirement for awards, writing that Heat guard Tyler Herro (ankle) and Trail Blazers guard Anfernee Simons (thumb surgery) are among the noteworthy players who won’t meet that requirement due to injuries, with many others having missed several games already. Herro has accepted that he won’t have a shot at a postseason award. “Next year then,” Herro said. “Or the year after that.”
- Warriors assistant coach Kenny Atkinson has joined the staff of the French national team, per a team press release. Atkinson, formerly the head coach of the Nets, interviewed for several NBA head coaching jobs in recent years.
- Hasheem Thabeet, the No. 2 overall pick of the 2009 draft, is signing a contract with the Kaohsiung Steelers, a Taiwanese team, agent Jerry Dianis tells Michael Scotto of HoopsHype (Twitter link). Thabeet appeared in 224 NBA games with the Grizzlies, Rockets, Blazers and Thunder, but has been out of the league since the ’13/14 season.
Western Rumors: Markkanen, Giddey, Mann, Kings, Lofton
After Marc Stein reported that teams around the NBA are keeping an eye on Jazz forward Lauri Markkanen, Jake Fischer of Yahoo Sports says that several clubs have already contacted Utah to inquire on Markkanen.
Fischer stresses that the Jazz are “by no means expected” to trade Markkanen, who is a favorite of team officials. However, opposing executives have gotten the sense that the All-Star forward is no longer quite as untouchable as he was in the past.
“Do I expect Utah to trade Lauri? No,” one general manager told Fischer. “But they are saying they’re willing to listen. They are willing to listen to calls on everyone, but it’s a matter of meeting their price like Minnesota did for Rudy [Gobert].”
As Fischer notes, even if a deal is unlikely, the fact that the Jazz are open to listening on Markkanen means that there will continue to be plenty of buzz around him as the trade deadline nears. League personnel believe that the Kings, Hawks, and Thunder are among the teams that would have the most interest in the Finnish star, Fischer adds.
Here’s more from around the Western Conference:
- Rival teams had begun to zero in on Thunder guard Josh Giddey as a possible trade target before the NBA and California police began looking into allegations that he had an inappropriate relationship with a minor, per Fischer. Depending on the outcome of those investigations, Giddey may still draw interest ahead of the trade deadline. Oklahoma City also explored moving Tre Mann prior to the start of the season, Fischer adds.
- If the Kings pursue either Pascal Siakam or OG Anunoby, the Raptors are expected to ask for Keegan Murray in return, which may be a non-starter for Sacramento, Fischer writes, since the Kings view Murray as an important piece in both the present and the future. However, another former lottery pick, Davion Mitchell, is considered a “strong” trade candidate, league sources tell Yahoo Sports.
- The Grizzlies have made calls to potential trade partners to gauge those teams’ interest in some of Memphis’ reserves, but if a deal doesn’t materialize in the coming days, the expectation is that the team will probably waive Kenneth Lofton Jr. to open up a roster spot to activate Ja Morant next week, says Fischer. We took a closer look at Memphis’ looming roster decisions earlier in the week.
Schultz On Where Things Stand; Bogdanovic Trending Toward Career Year?
- Hawks guard Trae Young was ejected during Monday’s loss against Denver for continually complaining about a non-foul call, which Jeff Schultz of The Athletic views as a sign of his immaturity. Young is the team’s best offensive player, but he doesn’t lead in the locker room or by example on the court, according to Schultz. At 9-13, Atlanta is off to a disappointing start, and Schultz says if things don’t turn around, the “unproven” front office and Young will be under the microscope, as head coach Quin Snyder was just hired at the end of last season.
- At one point in the first quarter on Monday, Atlanta led Denver by 11 points. That lead turned into a 20-point deficit in the third quarter, when Young was ejected. Despite the loss, the Hawks mounted a furious comeback to make it competitive late, led by a huge performance by wing Bogdan Bogdanovic (a career-high 40 points, including 10 three-pointers), who could be trending toward a career year, writes Lauren L. Williams of The Atlanta Journal-Constitution (subscriber link). “Insane,” Clint Capela said. “I love it. Especially for Bogi. Because he’s the guy that I always see it in the weight room with me after games. He’s always the guy that I see after practice get more reps than everyone. … He’s doing everything right. And he deserved that.”
Warriors, Knicks, Lakers Top Latest NBA Franchise Valuations
The Warriors remain the NBA’s most valuable team, according to Kurt Badenhausen of Sportico (subscription required), who unveiled the website’s updated NBA franchise valuations for 2023 on Wednesday.
Badenhausen projects the Warriors’ value at $8.28 billion, making them one of three teams to surpass the $7 billion mark this year. The Knicks have a projected worth of $7.43 billion, while the Lakers come in at $7.34 billion, per Sportico.
As Badenhausen details, Sportico spoke to more than 30 team executives, owners, investors, bankers, consultants, and lawyers in compiling their latest NBA franchise valuations. According to Sportico, the average value of an NBA team is up 33% from a year ago and 70% from when the site first started publishing valuations three years ago.
A combination of factors are contributing to the soaring value of NBA franchises, says Baudenhausen. Those factors include national media deals, international opportunities, scarcity (ie. only 30 teams are available), and an equal 1/30th stake in the league.
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’re highlighting Sportico’s projections in 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 thse 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 2023:
- Golden State Warriors: $8.28 billion
- New York Knicks: $7.43 billion
- Los Angeles Lakers: $7.34 billion
- Boston Celtics: $5.12 billion
- Chicago Bulls: $4.83 billion
- Los Angeles Clippers: $4.56 billion
- Miami Heat: $4.17 billion
- Philadelphia 76ers: $4.13 billion
- Toronto Raptors: $4.11 billion
- Houston Rockets: $4.05 billion
- Dallas Mavericks: $4.03 billion
- Phoenix Suns: $4 billion
- Brooklyn Nets: $3.98 billion
- Sacramento Kings: $3.46 billion
- Denver Nuggets: $3.4 billion
- Atlanta Hawks: $3.35 billion
- Washington Wizards: $3.33 billion
- San Antonio Spurs: $3.29 billion
- Portland Trail Blazers: $3.28 billion
- Indiana Pacers: $3.27 billion
- Utah Jazz: $3.24 billion
- Cleveland Cavaliers: $3.22 billion
- Milwaukee Bucks: $3.2 billion
- Orlando Magic: $3.12 billion
- Detroit Pistons: $3.1 billion
- Oklahoma City Thunder: $3.08 billion
- Charlotte Hornets: $3 billion
- Minnesota Timberwolves: $2.94 billion
- Memphis Grizzlies: $2.82 billion
- New Orleans Pelicans: $2.72 billion
For the most part, the most significant valuation increases (by percentage) within the last year belonged to the teams on the bottom half of this list. Besides the Bucks, whose projection rose by 32%, every franchise in the bottom 10 received at least a 50% bump from Sportico’s 2022 valuations.
The Nuggets, who cracked the top half of this list following their 2023 championship, were another big riser — their valuation increased by 60% and they moved up six spots.
It’s worth noting that the Mavericks‘ reported valuation in Mark Cuban‘s sale to the Adelson and Dumont families reportedly came in around $3.5 billion, well below Sportico’s valuation.
However, more recent reporting has suggested the final valuation will be closer to $4 billion when the transaction closes. That was also a unique situation since Cuban is retaining control of basketball operations as part of the sale agreement, despite surrendering majority control of the business. He’ll hang onto about 25% of the franchise, according to Sportico.