- Kyrie Irving‘s right knee sprain will sideline him through the All-Star break, according to Malika Andrew (Twitter link), who says the Nets have ruled out the star point guard for Wednesday’s game vs. Toronto.
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.
- The Nets have assigned second-year wing Dzanan Musa to their Long Island G League club, according to the G League.
Having returned to the Nets‘ starting lineup last week when Kyrie Irving was sidelined, Caris LeVert is thriving. He has averaged 29.7 PPG and 6.3 APG with a .517/.688/1.000 shooting line in those three games (30.6 MPG). As Brian Lewis of The New York Post writes, it may be hard for the team to send him back to the bench when Irving is ready to return.
“[LeVert’s] one of the best players in the league,” teammate Spencer Dinwiddie said. “He’s our third star, one of the best iso players in the league.”
Of course, it could also be Dinwiddie, not LeVert, who loses his starting job when Irving returns, despite averages of 21.0 PPG and 6.5 APG this season. Starting Irving, Dinwiddie, and LeVert is a possibility for the Nets, but that might not be the most optimal way to stagger the club’s rotation, given how good all three players are with the ball in their hands.
Brooklyn may have to make that lineup decision soon. Although Irving has been ruled out for Monday’s game, head coach Kenny Atkinson said there’s still a chance the star point guard could return before the All-Star break on Wednesday, when the Nets host Toronto.
“There’s a chance he could play. Knowing him, he’ll want to play if he’s cleared. We just don’t know yet,” Atkinson said, per Lewis. “We’ve got to wait until we get back (to Brooklyn) and see how it’s going.”
Here’s more on the Nets:
- After starting the season on a two-way contract and then signing a pair of 10-day deals with the Nets, Timothe Luwawu-Cabarrot got a rest-of-season guarantee following the trade deadline and is thankful for the opportunity he has received in Brooklyn. “It’s just amazing,” Luwawu-Cabarrot told Brian Lewis of The New York Post. “When people trust you and give you that confidence, it’s amazing. That’s when you are the best version of yourself, and when you are confident. It’s great to call Brooklyn home, for sure.”
- Luwawu-Cabarrot’s new deal isn’t guaranteed at all for 2020/21 for now, tweets ESPN’s Bobby Marks. The former first-round pick will get a $150K partial guarantee if he remains under contract through early August, and that guarantee would increase to $250K on opening night.
- In a separate New York Post story, Lewis takes a look at how Rodions Kurucs has regained his confidence on the court and become one of the NBA’s most accurate three-point shooters this season.
- In case you missed it, three Nets players – Irving, Kevin Durant, and Joe Harris – were among the 44 finalists announced by USA Basketball for this summer’s Olympic roster.
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)
The Rockets attempted to add the Nets to their four-team trade this week, hoping to acquire center DeAndre Jordan, ESPN’s Adrian Wojnarowski reveals in an Instagram video.
Brooklyn turned down the offer and elected to hold onto the veteran center, but Wojnarowski’s report indicates two things about the Rockets. The team may not have intended to fully commit to the small-ball approach it has used since trading away Clint Capela, and owner Tilman Fertitta was apparently willing to back up his statement that moves won’t be determined by the luxury tax.
Jordan makes $9.88MM this year and is signed for the next three seasons at a total cost of about $30MM. He’s coming off the bench for the Nets and averaging 7.9 points and 9.6 rebounds per night.
Because of how the trade was structured, the Rockets had the flexibility to add up to $12MM in salary before it was finalized. Fertitta gave general manager Daryl Morey the freedom to expand the deal, Wojnarowski adds, even though it would have cemented Houston as a taxpaying team.
Woj doesn’t say what the Rockets were offering the Nets in terms of players and draft picks.
Before Steve Mills was removed from his position as the Knicks‘ president of basketball operations, there was some internal support for a potential trade with the Hornets that would have sent Malik Monk to New York, according to Ian Begley of SNY.tv.
Begley notes that Dennis Smith Jr. would’ve gone to Charlotte in the deal, though it’s not clear what other pieces would have been involved on either side. Both Smith and Monk were prospects the Knicks passed over in the 2017 draft for Frank Ntilikina.
Within his roundup of the Knicks’ deadline discussions, Begley also says that before Mills’ departure, there were members of the organization that felt as if they’d made “significant progress” toward a D’Angelo Russell trade with the Warriors.
We don’t know exactly how those talks played out, so it’s hard to say whether that confidence was warranted. But for what it’s worth, Sam Amick of The Athletic reported on Wednesday that none of New York’s offers had been “even remotely appealing” to Golden State. One of the Knicks’ proposals included Bobby Portis, Allonzo Trier, Ntilikina, and presumably some form of draft compensation, sources tell Begley.
Here’s more on the Knicks:
- Marc Berman of The New York Post takes a look at the Knicks’ impending hire of agent Leon Rose as their new head of basketball operations, citing one NBA executive who said, “MSG and CAA have been in bed for years. This shouldn’t be surprising.”
- Berman notes in his article on Rose that the veteran agent is tight with Kentucky head coach John Calipari. However, Calipari said today that he has no plans to become the Knicks’ next coach, according to Kyle Tucker of The Athletic (Twitter link). Calipari said he’d help Rose in any way he can — “It just wouldn’t be to coach.”
- One decision Rose will face this summer will be on Elfrid Payton‘s $8MM non-guaranteed salary for 2020/21. Berman examines the factors that will go into that decision, pointing out that Payton is a CAA client.
- In an interview on Showtime’s “All the Smoke,” Kevin Durant was once again asked about his free agency decision last summer. As Brian Lewis of The New York Post details, Durant replied that he didn’t seriously consider any teams beside the Nets. “I looked at other places — the Clippers, I took a peek at the Knicks just to do my due diligence — but I really wanted to play for the black and white,” Durant said.
10:19am: The Nets have officially signed Luwawu-Cabarrot, according to a press release from the team.
9:33am: The Nets are signing wing Timothe Luwawu-Cabarrot to a multiyear contract, according to his agent Misko Raznatovic (Twitter link). Brooklyn had an open spot on its 15-man roster, so no corresponding move will be required to complete the deal.
Luwawu-Cabarrot, who inked a two-way contract with Brooklyn in October, was waived last month so the Nets could sign a new two-way player (Jeremiah Martin) who would have a fresh allotment of allowable NBA days. However, the club immediately brought back TLC on a pair of 10-day deals. The second of those contracts expired earlier this week, and now that the trade deadline has come and gone without the Nets needing to use that open roster spot, they’ll bring Luwawu-Cabarrot back into the fold.
A first-round pick in 2016, Luwawu-Cabarrot has bounced around the league in his four NBA seasons, playing for the Sixers, Thunder, and Bulls before arriving in Brooklyn. In 25 games (15.3 MPG) for the Nets this season, he has averaged 5.2 PPG and 2.1 RPG with a solid .448/.431/.767 shooting line.
While Raznatovic didn’t specify the terms on Luwawu-Cabarrot’s new contract, it figures to be a two-year, minimum-salary deal, given Brooklyn’s cap limitations. Next season is unlikely to be fully guaranteed.
Although the Knicks remains interested in D’Angelo Russell, he’s far from the only point guard the team is eyeing as the trade deadline nears. One player the Knicks has inquired on, according to Marc Berman of The New York Post, is Pacers guard Aaron Holiday.
As Berman notes, the Knicks liked Holiday in the 2018 draft, working him out that year. Now in his second season, Holiday has built on a promising rookie season. He’s averaging 10.2 PPG and 3.5 APG with a .420 3PT% in 47 games (23.3 MPG) for the Pacers.
Acquiring Holiday won’t be easy for the Knicks, despite Indiana’s crowded backcourt. ESPN’s Zach Lowe reported earlier in the week that the Pacers could probably acquire a first-round pick in exchange for Holiday, but haven’t shown any real interest in moving him.
Here are a few more trade rumors and notes from around the NBA:
- On ESPN’s trade deadline special on Wednesday, Zach Lowe suggested that Nets guard Spencer Dinwiddie and Thunder guard Dennis Schroder are among the players the Lakers have inquired on as they look to add a play-maker (Twitter link via Alex Kennedy of HoopsHype). Their conversation with Oklahoma City on Schroder didn’t get very far, since OKC’s asking price is high, tweets Dave McMenamin of ESPN. I imagine that’s the case with Brooklyn and Dinwiddie as well.
- Lakers guard Alex Caruso is drawing some trade interest, with multiple teams inquiring about his availability, league sources tell Chris Haynes of Yahoo Sports (Twitter link).
- The Bulls have received some trade calls today on Denzel Valentine, but nothing of substance, a source tells Joe Cowley of The Chicago Sun-Times (Twitter link). Cowley adds that the Thaddeus Young market is “surprisingly quiet,” though Chicago thinks it could pick up as the deadline nears.
- The Warriors might not be done after last night’s trade with Philadelphia. Michael Scotto of Bleacher Report hears that Golden State has shopped both Kevon Looney and Jacob Evans for tax reasons. The Dubs are still slightly above the tax after moving three minimum-salary players in trades this season.
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.