Nets Rumors

And-Ones: Franchise Valuations, G League, Two-Way Deals

We’re likely still a few weeks away from Forbes’ publication of its annual NBA franchise valuations, which are typically revealed during the first half of February. However, new sports-business website Sportico has gotten the jump on Forbes in 2021, trying its hand at projecting the values of all 30 NBA teams.

According to Peter J. Schwartz of Sportico, the average NBA franchise is worth nearly $2.4 billion. That projection dipped slightly as a direct result of the coronavirus pandemic, since teams around the league have missed out on anticipated revenues as a result of playing without fans. However, the fact that the NBA’s national revenues have remained relatively stable means Sportico’s projected valuations have only dipped about two percent.

In Sportico’s view, the Knicks ($5.42 billion), Warriors ($5.21 billion), and Lakers ($5.14 billion) are far and away the most valuable NBA franchises, followed by the Nets ($3.4 billion) at No. 4. The Pelicans ($1.35 billion), Grizzlies ($1.36 billion), and Timberwolves ($1.43 billion) are at the other end of the spectrum.

Here are more odds and ends from around the basketball world:

  • The NBA G League announced in December of 2019 that it would be expanding to Mexico City for 2020/21, but given the circumstances surrounding this season, the Capitanes franchise won’t be debuting now after all. While the league has been quiet about its plans for that Mexico-based franchise, the club is now expected to begin playing in the NBAGL in 2021/22, says Marc Stein of The New York Times.
  • Although most coaches and general managers around the NBA support the idea of giving teams a third two-way contract slot – an idea being discussed by the league and the players’ union – some would have liked to see a different tweak made to the two-way rules, writes Jared Weiss of The Athletic. “We are in support of (the proposal),” a Western Conference GM said. “But (we) might prefer to have current two-ways with unlimited game-day restrictions.” Players on two-way contracts are limited to being active for 50 of 72 games this season.
  • In an interesting article for HoopsHype, Michael Scotto explores the “art of the smokescreen,” speaking to agents and team executives about why they might be motivated to leak information to reporters.

Jodie Meeks Seeking NBA Roster Spot

Veteran sharpshooter Jodie Meeks hasn’t appeared in an NBA game since logging 51 seconds of action for the Raptors in Game 3 of the 2019 NBA Finals, but he hasn’t given up on returning to the league. In a conversation with Michael Scotto of HoopsHype, he said that he’s hoping to earn an NBA roster spot this season.

“I haven’t retired, and I’m not looking to retire,” Meeks said. “I’m still healthy, and I’m only 33. The way my game is, it’s not like I’m super athletic, running and jumping like Russell Westbrook. I’m strictly shooting and playing defense. I could still move. I could still play for a while. I just need an opportunity.”

Although he played a little for the champion Raptors in 2018/19, Meeks hasn’t been a regular rotation player since ’18/19, when he averaged 6.3 PPG in 77 games (14.5 MPG) for the Wizards. His .343 3PT% that season represented his lowest mark since his rookie year. Over the course of his 10-year career, he’s a 37.3% shooter from beyond the arc.

Meeks is ineligible to sign a two-way contract, but a number of teams around the NBA have open spots on their 15-man rosters. Meeks views one contending club as a particularly good fit, pointing to the Nets and their three current roster openings.

“They need to get me in Brooklyn,” Meeks told Scotto. “They need some shooting.”

Kyrie Irving Remains Out For Monday’s Game

JANUARY 18: The Nets have listed Irving as out for Monday’s game. The point guard continues to ramp up his conditioning following his absence and seems likely to return for Brooklyn’s next contest on Wednesday, per Adrian Wojnarowski of ESPN (Twitter links).


JANUARY 17: Nets star Kyrie Irving has been upgraded to questionable for Monday’s marquee game against the Bucks on TNT, Malika Andrews of ESPN tweets.

Irving has missed the team’s last six games due to personal reasons and the league’s health and safety protocols. Should the 28-year-old become available for Monday, it could be the first time he, James Harden and Kevin Durant share the floor since last week’s massive multi-team trade was finalized.

Harden and Durant combined for 74 points in the team’s win over Orlando on Saturday without Irving, shooting an impressive 24-for-44 from the floor.

“We didn’t even have 11 (Kyrie Irving) tonight. Scary hours wow!!!” Harden wrote on social media postgame.

Brooklyn (8-6) has one of the league’s most formidable offensive rosters, while Milwaukee (9-4) is known for having one of the top defenses. Both clubs will have plenty of time to develop their chemistry as the season progresses.

Irving, a six-time All-Star, was recently fined $50K for violating the league’s COVID-19 protocols. The violation also cost him in excess of $800K in salary.

Rockets Rumors: Harden, Tucker, TPE, Oladipo

When the Rockets finally moved James Harden last week, multiple reports indicated that it came down to the Nets and Sixers. However, those weren’t the only two teams with legitimate interest in the former MVP during the final days of the Harden sweepstakes.

According to Kelly Iko and Sam Amick of The Athletic, the Celtics remained in the hunt for Harden in the later stages of negotiations. While Danny Ainge publicly said that Boston and Houston hadn’t had any recent discussions, sources tell The Athletic that the Rockets saw the C’s as “part of their process” until the end. Iko and Amick report that Houston also received multiple “big” offers from teams that weren’t on Harden’s wish list.

Still, according to The Athletic, by the time Harden gave his infamous final press conference as a Rocket – during which he criticized the team as “not good enough” – he knew a move to Brooklyn was close. He had been receiving regular updates on the situation, per Iko and Amick, who say that the Sixers’ interest was “very real,” but that the Nets kept upping the ante with their offers.

Here’s more on the Rockets and the Harden saga:

  • According to Iko and Amick, Rockets held a team meeting following their second consecutive blowout loss to the Lakers last week, and John Wall and DeMarcus Cousins both spoke, seeking answers about Harden’s level of commitment, buy-in, and accountability. Harden made it clear during that meeting that the newcomers hadn’t been in Houston long enough to understand what was going on, per The Athletic. Jae’Sean Tate would later describe that meeting as the point where the Rockets “drew the line” on the situation.
  • A contract extension offer is on the table for P.J. Tucker, but he hasn’t accepted it and appears to have tabled those negotiations for now, sources tell Iko and Amick. While Tucker is prepared to spend the rest of the season with the team, he also wouldn’t necessary be opposed to a trade, according to The Athletic. A separate report indicated that the Rockets are demanding three second-round picks in return for the 35-year-old forward.
  • Rockets GM Rafael Stone said over the weekend that the team plans to be aggressive in attempting to use the $10.65MM traded player exception it created in the Harden deal. Iko and Amick suggest that’s not just posturing — the team has also privately indicated it will attempt to use that TPE to land a quality player.
  • Stephen Silas‘ high opinion of Victor Oladipo was a factor in Houston’s decision to acquire him, Iko and Amick report. The Rockets want to take a serious look at Oladipo in the coming months and decide whether he fits into their long-term plans. For his part, Oladipo intends to evaluate the fit as well, as Jonathan Feigen of The Houston Chronicle writes. “If things work out, if I’m happy,” Oladipo said, adding that he’s “blessed and fortunate” to be in Houston. “Essentially, it’s like a business plan. You have to go through every aspect of the business plan, kind of figure out if you want to invest in it.”

Rafael Stone Talks Harden Deal

  • Rockets GM Rafael Stone discussed the new-look club during a virtual media conference call today, according to Tim MacMahon of ESPN. Stone explained his interest in ultimately making a trade with the Nets for James Harden. “What’s super exciting about this deal is that it gives us flexibility,” Stone said. “In the NBA, picks are the best currency. Everybody likes them, everybody values them.” Stone also mentioned that the club “will aggressively be trying to use” the $10.6MM trade exception it acquired in the transaction ahead of the 2020/21 season’s trade deadline in late March.

Atlantic Notes: Harden, D’Antoni, Milton, Baynes

James Harden looked like the star the Nets were expecting as he made his debut with the team Saturday night, writes Brian Lewis of The New York Post. Harden didn’t get to practice with his new Brooklyn teammates because the four-team trade wasn’t finalized until shortly before game time, but he still posted a 32-point triple-double in a win over Orlando.

A number of teams were rumored to be pursuing Harden, but the Nets were his first choice when he made a trade request to Rockets management. Reuniting with Kevin Durant was part of the reason, but he also wanted to rejoin former Houston coach Mike D’Antoni, who is now an assistant in Brooklyn.

“When (ex-Rockets general manager Daryl Morey) and Mike left, I sat back and reevaluated everything. Those are two guys I was very comfortable with and the decision-making for the organization,” Harden said. “Once they left, I had to figure out is this organization going into a rebuilt stage or were they still trying to compete at the highest level.

“(D’Antoni) was a part of it. Mike’s an unbelievable coach. He’s been doing it for a very, very long time. Obviously Mike is a factor. Being comfortable with him being comfortable with Kevin, knowing (Kyrie Irving), just those four pieces right there made it easy. Obviously them being in Brooklyn, for me it was a no-brainer.”

There’s more from the Atlantic Division:

  • The Sixers were also in the running for Harden, and they believed they were so close to a deal that the agents for Ben Simmons and Matisse Thybulle informed them of the pending trade, Lewis adds in the same story. But the Rockets never called the Sixers back after getting the offer from the Nets, reportedly because Houston owner Tilman Fertitta was determined not to send his star player to Morey.
  • Sixers guard Shake Milton started the final 32 games of last season, including the playoffs, but he seems better suited to provide instant offense as a sixth man, which is his role under new coach Doc Rivers, according to Keith Pompey of The Phildelphia Inquirer“I just want to do whatever is best for the team,” Milton said. “Whatever helps the team win, it really doesn’t matter if I’m starting or not. It’s an opportunity. I have a really good opportunity coming off the bench right now.”
  • Free agent addition Aron Baynes is only seeing about 16 minutes per night for the Raptors, but coach Nick Nurse plans to expand his role, tweets Josh Lewenberg of TSN.” We’re gonna play Aron, we’re gonna try to get some extended minutes out of him,” Nurse said. “I know we’re not getting very much out of him at this point. We read the game … and his stint is gonna last as long as things are going well or he’s impacting well.”

Pacers Notes: LeVert, Lamb, McConnell, Turner

Caris LeVert is sidelined indefinitely after a mass was discovered on his kidney, but Pacers president of basketball operations Kevin Pritchard believes there’s a chance he could play this season, tweets Eric Woodyard of ESPN. No timetable has been set on a possible return, and the team will decide how to proceed depending on the results of further testing.

“As soon as we found this out, all eyes were trying to help Caris,” Pritchard said. “This organization is going to step up.” (Twitter link)

The mass was discovered during a physical that LeVert was required to take after being sent from Brooklyn to Indiana this week as part of a four-team deal. The Pacers could have voided the trade after the mass was discovered, but they opted to take a chance on LeVert.

“There’s risks, we’re willing to accept that risk but there’s also a human element in that,” Pritchard said (Twitter link). He added that everyone on the Pacers’ management team was comfortable with completing the deal, according to Scott Agness of Fieldhouse Files (Twitter link).

There’s more from Indianapolis:

  • The Pacers dealt with the Rockets to acquire LeVert rather than trying to get him from the Nets, according to Agness (Twitter link). Pritchard credits general manager Chad Buchanan with leading the effort. “We didn’t feel like we could get Caris directly from Brooklyn,” Pritchard said. “We needed a third team.”
  • Guard Jeremy Lamb is nearing a return from an ACL tear in his left knee that he suffered last February, writes Michael McCleary of The Indianapolis Star. Coach Nate Bjorkgren said today that when he asked Lamb how he was feeling, he responded with a “thumbs up.” Lamb was a starter last season and averaged 12.5 points in 46 games before the injury. “I’m not saying that means (he’ll return) tomorrow, but it’s getting very close,” Bjorkgren said.
  • T.J. McConnell has adjusted his game to the offseason coaching change, writes J. Michael of The Indianapolis Star. McConnell has nearly abandoned his turnaround jumpers in the lane under Bjorkgren, who prefers layups and open 3-pointers. “He’s a guy who takes himself for granted,” said teammate Malcolm Brogdon. “When you talk to him he doesn’t understand how good he is. His IQ on the floor, knowing who to get the ball to, when to get the ball to him.”
  • Myles Turner is focused on winning Defensive Player of the Year honors, according to Alex Kennedy of Basketball News. He’s leading the league with 4.2 blocks per game, more than six entire teams. “I’m being more aggressive defensively,” Turner said. “I’m going after more shots and putting myself in position to be successful in that area.”
  • The Pacers received $2.6MM from the Nets in the revised four-team trade, tweets ESPN’s Adrian Wojnarowski. Indiana created a $4.79M trade exception, according to ESPN’s Bobby Marks (Twitter link).

Nets Notes: Harden, Irving, Claxton, Roster Spot

The four-team deal that brought James Harden to Brooklyn is now official, and Nets coach Steve Nash put him in the starting lineup right away, writes Malika Andrews of ESPN. Harden hasn’t been able to practice with his new team, but he was on the court for today’s game against the Magic.

“I think everyone’s excited,” Nash said. “We welcome one of the best players in the game to our team, so the mood is great. This is a moving target that we have to try to incorporate him as we go here and learn on the fly, adapt and try to jell.”

Nash doesn’t expect much of a learning curve for Harden, who is among the most gifted offensive players in the league. Harden won’t be on a minutes restriction, but Nash plans a “see as we go” philosophy on how much to play him.

“(He is) more or less a full go,” Nash added. “But we don’t want to run the batteries down on our new Christmas present this early.”

There’s more from Brooklyn:

  • Completion of the deal means the Nets’ new Big Three is almost together. Kyrie Irving is missing another game today due to health and safety protocols, Andrews tweets, and his return may be a few days away. Nash wants Irving to go through a few workouts before returning to the lineup (Twitter link).
  • Nicolas Claxton could be ready next month, tweets Brian Lewis of The New York Post. The second-year center has been sidelined with tendinopathy in his right knee. “I think Nic is probably closer to the midseason break than he is to now,” Nash said. “Sometime in February for sure. But no setbacks, just working through it.” (Twitter link)
  • An article on NetsDaily examines some of the options for filling the team’s three open roster spots. The Nets expect to have point guards Jeremiah Martin and Elie Okobo on the roster of their G League affiliate in Long Island, and both have NBA experience. Shooting guard Kaiser Gates and center Tariq Owens, a pair of G League veterans, are two other possibilities. Some other names to consider are Michael Beasley and Jamal Crawford, who both signed with Brooklyn before the summer restart, along with Andre RobersonRondae Hollis-Jefferson and Dewayne Dedmon.

Oladipo-LeVert Deal Complete; Pacers Get Additional Compensation

The Rockets and Pacers have officially completed their swap of high-scoring guards, with Caris LeVert going to Indiana and Victor Oladipo heading to Houston, Shams Charania of The Athletic tweets.

It’s part of the four-team blockbuster that sent former Most Valuable Player James Harden to Brooklyn, even though all other aspects were officially announced earlier this week. LeVert was acquired by the Rockets in that trade.

The part of the deal flipping LeVert to Indiana initially looked like it would be completed as a separate transaction, which would’ve allowed the Rockets to maximize the value of a trade exception created in the original trade.

However, an additional second-round pick and cash are being sent to Indiana due to an issue discovered in LeVert’s physical, per Charania, requiring the trade to be formally completed as a four-teamer.

[UPDATE: LeVert Out Indefinitely Due To Small Mass On Left Kidney]

In addition to Oladipo and a 2023 second-round pick (from the Rockets), the Pacers are also receiving cash and a 2024 second-round pick, says Charania. That additional pick, which is coming from Cleveland, was originally supposed to land with the Nets.

Per RealGM’s list of traded picks, the two picks headed to Indiana will technically be the least favorable of Houston’s, Dallas’, and Miami’s 2023 second-rounders; and the least favorable of Cleveland’s and Utah’s 2024 second-rounders.

With all aspects of the deal now completed, Harden is available to play Saturday for the Nets. Brian Mahoney of the Associated Press tweets.

Oladipo will be an unrestricted free agent at the end of the season and the Pacers feared they wouldn’t be able to re-sign him. In contrast, LeVert is in the first year of a three-year, $52.5MM contract. Both players have missed time in recent years due to injuries, but are healthy and playing well this season.

“We want to thank Victor for what he gave to the Pacers through his play, his diligence in rehab coming back from a serious injury, and his community efforts,” Pacers president of basketball operations Kevin Pritchard said in a statement confirming today’s deal. “These decisions are obviously never easy and this one in particular was hard because of our relationship.

“Caris is a high-quality person who will fit in with what we as an organization are doing, on and off the floor. He’s a versatile young talent who we think will be a great fit with the direction our team is taking. He can play multiple positions and affect the game at both ends of the floor.”

The Rockets, meanwhile, could retain Oladipo and attempt to re-sign him beyond 2021 or could explore flipping him at the March 25 trade deadline. Houston can trade him immediately but would have to wait until after March 7 to move him in a deal that aggregates his salary for matching purposes. For now, the Rockets will probably want to see how Oladipo looks in their revamped lineup.

Because of the amended structure of the trade, the trade exception generated by the Rockets will be worth approximately $10.65MM instead of $15.45MM.

Photo courtesy of USA Today Sports Images. Luke Adams contributed to this story.

Atlantic Notes: Harden, Simmons, Embiid, Knicks, Ntilikina

Nets superstar James Harden is ready to embrace the sacrifice needed for his team to succeed this season, Brian Lewis of the New York Post writes.

Harden, who was acquired by Brooklyn in a massive three-team trade on Wednesday, joins a Nets team already featuring two of the league’s best offensive players in Kevin Durant and Kyrie Irving. The looming question, of course, is whether the three talents will be able to co-exist going forward.

“Chemistry. Sacrifice,” Harden said, as relayed by Lewis. “We’re all elite, so depending on the game and what’s going on throughout the course of the game, that’s going to determine who gets the ball and who makes the plays.

“We’re all unselfish, we’re all willing passers and we play basketball the right way.”

Harden is currently listed as questionable to play in Saturday’s game against Orlando, with Irving set to miss the game due to health and safety protocols. The team could have its full Big 3 available for Monday’s showdown against the defensive-minded Bucks on TNT.

There’s more from the Atlantic Division today:

  • Jonathan Tjarks of The Ringer explores the fit between Ben Simmons and Joel Embiid, a pairing he believes is still questionable even with some added shooting. Simmons was prepared for the possibility of being traded by the Sixers in a deal centered around Harden this past week, but Houston made a deal with Brooklyn instead.
  • The Knicks considered extending the contract of Mitchell Robinson last offseason, perhaps showing how they value the 22-year-old, Ian Begley of SNY.tv tweets. Robinson’s game remains a work in progress, but he possesses the tools needed to be an intriguing player for the future. In 13 games this season, he’s averaged 8.7 points, 8.2 rebounds and 1.8 blocks per contest.
  • Knicks coach Tom Thibodeau issued a brief injury update on Frank Ntilikina, who hasn’t seen action since Dec. 29 due to a knee sprain. “We have to be patient and let him work through that,” Thibodeau said, according to Marc Berman of The New York Post (Twitter link). “He’s making steady progress. It will probably be a little while longer.”