Hornets Rumors

Stein’s Latest: Connaughton, Knicks, Mazzulla, Curry, Mavs

Charlotte’s decision to release Spencer Dinwiddie — after signing the veteran guard to a guaranteed minimum-salary contract over the summer — surprised some people around the NBA, according to Marc Stein of The Stein Line (Substack link).

There was some speculation that the Hornets might waive Pat Connaughton instead, but Stein hears the team decided to keep the veteran wing because he’s popular in the locker room and has championship experience. Another key factor: the Hornets remain cautiously optimistic they might be able to use Connaughton’s $9.4MM expiring contract in a trade before February’s deadline, Stein writes.

Here’s more from Stein:

  • The Knicks attempted to speak to several employed head coaches when they were looking for a replacement for Tom Thibodeau, but all of their formal requests were denied. According to Stein, there have been rumblings that New York also informally explored the possibility of trying to pursue Celtics coach Joe Mazzulla, which obviously went nowhere — a month after the Knicks hired Mike Brown, Mazzulla signed an extension with Boston. While the Celtics vaguely referred to Mazzulla’s agreement as a multiyear extension, Stein hears the 37-year-old likely received a six-year contract.
  • There’s zero doubt that the Warriors will eventually re-sign Seth Curry — the only question is when, says Stein. While Golden State could technically bring Curry back on November 11, waiting a bit beyond that date would give the Warriors more breathing room below their second apron hard cap, and they are believed to be considering that path, per Stein.
  • The Mavericks waived NBA veterans Jeremiah Robinson-Earl, Dalano Banton and Dennis Smith Jr. on Friday. Their G League affiliate — the Texas Legends — controls the returning rights of Robinson-Earl and Banton, and Dallas expects both players to open the season with the Legends, according to Stein. The Mavs are also optimistic that Smith with play for the Legends, but Stein points out that the former lottery pick’s rights are currently held by the Wisconsin Herd — an NBGL trade between Wisconsin and Texas would need to occur for that to happen. Banton was on an Exhibit 10 deal with the Mavs (Robinson-Earl and Smith were on Exhibit 9s), so he’s the only player of the group who will receive a bonus if he spends at least 60 days with the Legends.

Southeast Notes: McNeeley, Carrington, Newell, Young, Achiuwa

Liam McNeeley‘s preseason stats for the Hornets may not jump off the page, but he’s earned a fan in head coach Charles Lee, according to The Charlotte Observer’s Roderick Boone, who suggests the No. 29 overall pick has a chance to be the steal of the 2025 draft.

McNeeley averaged just 6.4 points and 2.4 rebounds per game while hitting 14.3% of his threes in five preseason appearances after excelling in his rookie season Summer League. He finished the preseason on something of a high note, scoring in double digits during his lone start on Friday.

Lee was impressed with McNeeley’s approach throughout training camp and the preseason.

Offensively, he’s really got the total package to him,” Lee said. “I’ve been able to watch him catch-and-shoot, I’ve been able to see him drive the ball and facilitate to guys. He offensive rebounds, and so he’s just another one of our core young guys that I think has this mindset of I just want to impact winning at all costs.

Having said that, the rookie wing is far from a finished product, and Lee has clear ideas about where he needs to improve.

The goal for him is just to continue to build consistent habits,” Lee said. “He’s still got to learn to finish things defensively and how to bring an edge and a physicality on that side of the court.”

We have more news from around the Southeast Division:

  • Wizards second-year guard Bub Carrington was a full participant in Sunday’s practice after knee soreness limited him to just four minutes in Washington’s preseason game against the Pistons on Thursday, reports Josh Robbins of The Athletic (via Twitter). Carrington faces one of the more important seasons among Washington’s players, given the offseason additions of veteran CJ McCollum and top-10 draft pick Tre Johnson, both of whom project to command significant minutes throughout the season.
  • Hawks‘ first-round pick Asa Newell picked up a rare start on Monday’s preseason game against the Heat, with Atlanta resting its top rotation players. It was an opportunity Newell capitalized on, writes Lauren Williams for the Atlanta Journal-Constitution. In just over 36 minutes, he scored 19 points, grabbed eight rebounds, and had two steals and blocks apiece. His energy and nose for the ball impressed head coach Quin Snyder. “I love the fact that he’s quickly kind of reading and taking a shot when he’s open,” Snyder said. “I think he’ll even begin to understand kind of more situational basketball, when he’s open and (whether) he can make one more.”
  • Jahmir Young made it through the Heat‘s set of roster decisions on Saturday and came out of it with his Exhibit 10 deal converted into a two-way contract. It’s an opportunity he isn’t taking for granted, writes Anthony Chiang for the Miami Herald. “It’s harder to stay than to be here,” Young said. “So for me, just every day, just being my best self, being 100 percent and helping the team. “Just being in an organization that works on player development, really works on guys. It’s amazing. It just gives me life. Just shows that I have to keep working.” Head coach Erik Spoelstra spoke highly of Young after Sunday’s practice: “That speed and quickness with the ball, his ability to get in the paint, ability to knock down threes is unique. He had a really good year last year. And then in practice, when we had him in that third unit, drilling against him and kind of letting him do his thing, he was a tough guy to corral.”
  • Spoelstra also addressed the Heat’s decision to waive Precious Achiuwa. “It is tough, especially because we spent time with him four years ago, it felt like we wanted to keep that going,” Spoelstra said, per Chiang. “But that’s just where we are right now with the roster. We’ll have to see what happens in the future.” Achiuwa averaged 4.8 points and 5.3 rebounds in 11.7 minutes per game across four preseason outings. Hanging onto him would have pushed Miami’s team salary over the luxury tax line.

Hornets’ Collin Sexton Discusses Leadership, Contract, More

Veteran guard Collin Sexton has quickly emerged as a leader for a young Hornets team, writes Roderick Boone of The Charlotte Observer. Both the Hornets and Sexton are trying to create a winning culture in Charlotte, and head coach Charles Lee appreciates the 26-year-old’s willingness to speak up.

Yeah, he’s not afraid to just communicate,” Lee said. “I think, number one, everyone sees how hard he works every day, and so he’s already leading by example. And then so when he does want to speak up, because he’s so passionate and competitive, he’s earned their respect. So, he’s able to just be very vocal, very upfront with them. And they all know that it’s from a place of love, it’s from a place of competitive joy and that they’re really responsive.

I think that our whole group, though, is learning how to communicate with one another in a positive way to kind of help us just keep moving in the right direction. So, I love what he’s done. He’s really helped bring a little bit more intensity to sometimes that starting unit. Especially on the defensive end where he sets a tone on the primary ball-handler and allows the other guys to kind of follow suit.”

Sexton, who was acquired over the summer in a trade with Utah, says leadership is something that comes naturally to him, according to Boone.

I would say since I got here, I always try not to say I’m trying to fit in — just got to continue to be me,” Sexton said. “I feel like that’s the biggest thing. Continue to be me and continue to walk with confidence. And confidence brings leadership. At the end of the day, leading by example is something that I’ve done since coming into the league and even in college and through high school.

“So I feel like that’s something that I felt like that was a need of the team, and I felt like that was a way I can come in and impact right away is bring leadership and bring those qualities, because at the end of day when things are going south and things aren’t going well, we got to have someone that can bring the guys back together. And I feel like that’s something that I can do.”

Sexton is entering the final year of his contract, which will pay him nearly $19MM in 2025/26. While that could be a potential distraction, Sexton tells Boone he’s focused on being present.

I would say controlling each and every day, coming out here and being grateful and being thankful to be able to lace my shoes up, be able to go out and play with this organization,” Sexton said. “At the end of the day, I’ve got to be where my feet are. I can’t look two weeks in advance, I can’t look two months in advance. I have to take it day-by-day. That’s it. It’s not tough because I’m grounded by faith. I’m grounded by the Lord, and I know my family is behind me. And I feel like when I’m grounded by those two things, then there’s nothing impossible.”

Sexton also spoke to Boone about playing with LaMelo Ball, bonding with Ball and Brandon Miller, and more. The full interview is worth checking out if you’re a fan of Sexton and/or the Hornets.

Hornets Sign, Waive Eric Dixon

October 18: Ahead of the roster cutdown deadline, the Hornets have waived Dixon, they announced today (via Twitter).


October 8: The Hornets have filled the open spot on their 21-man preseason roster by signing rookie forward Eric Dixon, the team announced today (Twitter link).

Among this year’s draft-eligible players who went unselected in June, Dixon was the top prospect on ESPN’s big board, having been ranked 44th overall prior to the draft. The 6’8″ lefty led all Division I players in scoring in 2024/25, putting up 23.3 points per game on .451/.407/.813 shooting splits in 35 appearances for Villanova (34.8 MPG). He also chipped in 5.1 rebounds per contest en route to third-team All-American honors.

Dixon reportedly agreed to a two-way contract with the Lakers after going undrafted, but when he officially joined the team a month later, it was on a non-guaranteed Exhibit 10 deal. Health concerns were believed to be a factor there — Dixon wasn’t able to participate in Summer League due to a foot injury, and his contract with the Lakers included injury language related to his foot.

Still, after he was waived by the Lakers last month, it seemed like the plan would be for Dixon to join the South Bay Lakers, Los Angeles’ G League affiliate. Whether that plan fell through or he got an offer from Charlotte that he liked more, the 24-year-old now seems more likely to end up with the Greensboro Swarm, the Hornets’ G League team, as an affiliate player.

Assuming Dixon got an Exhibit 10 contract from Charlotte, he could earn a bonus worth up to $85,300 on top of his base G League salary if he’s waived by the Hornets and then spends at least 60 days with the Swarm. An Exhibit 10 deal could also be converted to a two-way contract prior to the start of the regular season, though all three of the Hornets’ two-way slots are currently filled.

Hornets Waive Spencer Dinwiddie

12:28 pm: The move is official, according to a Hornets press release.


12:08 pm: Just three months after signing a guaranteed contract with the Hornets as a free agent, veteran point guard Spencer Dinwiddie is being waived, according to Shams Charania of ESPN (Twitter link).

Dinwiddie agreed to terms with Charlotte early in free agency on a one-year, minimum-salary deal and officially finalized that agreement on July 13. Because his salary was guaranteed, the 32-year-old will still receive his full $3,634,153, while the Hornets will carry $2,296,274 in dead money on their cap, assuming Dinwiddie goes unclaimed on waivers.

An 11-year NBA veteran, Dinwiddie played a more significant role than expected in Dallas last season due to the Luka Doncic trade and a series of injuries affecting guards like Kyrie Irving and Dante Exum. He was one of the only Mavericks players who made it through the season without dealing with any major health issues.

In 79 games (30 starts), Dinwiddie averaged 11.0 points, 4.4 assists, and 2.4 rebounds in 27.0 minutes per night, with a shooting line of .416/.334/.802. All of those numbers were in the ballpark of his career rates.

The Hornets’ decision to sign Dinwiddie in July was a little curious, given that the team had already traded for Collin Sexton and agreed to re-sign Tre Mann at that point in the offseason. It appeared the front office was making it a priority to load up on point guard depth after Mann and starter LaMelo Ball missed significant time last season due to injuries.

However, facing a roster crunch this fall and with Ball and Mann both healthy, the Hornets decided that Dinwiddie was the odd man out. He registered six points and six assists in 30 total minutes across two preseason games with the club — Charlotte was outscored by 20 points in those 30 minutes.

Once Dinwiddie is officially placed on waivers, the Hornets will have 14 players on guaranteed contracts, plus center Moussa Diabate on a non-guaranteed deal. There had been speculation that Pat Connaughton would be the roster casualty in Charlotte, but unless more moves are coming in the next few days, it looks like the former Buck is now on track to make the team’s regular season roster.

Hornets Sign, Waive Jonas Aidoo

October 16: The Hornets have waived Aidoo, per the team (Twitter link), putting him on track to join the Swarm in the coming weeks.


October 15: The Hornets have officially signed center Jonas Aidoo, announcing the news in a press release (Twitter link).

As is the case with most transactions this time of year, Aidoo likely received an Exhibit 10 contract, which would put him in line for a bonus worth up to $85,300 if he’s waived before the season begins and spends at least 60 days with Charlotte’s G League affiliate, the Greensboro Swarm.

A native of Durham, North Carolina, Aidoo played three college seasons at Tennessee prior to transferring to Arkansas for his senior year in 2024/25. In 33 games for the Razorbacks last season, including 15 starts (18.9 minutes per contest), the 6’11” big man averaged 6.9 points, 5.0 rebounds and 1.1 blocks.

Aidoo went undrafted in June, making him an unrestricted free agent.

As Rod Boone of The Charlotte Observer notes (via Twitter), the Hornets opened up a spot on their 21-man roster yesterday evening when they waived Ibou Badji. The team is now back at the offseason limit of 21 players under contract.

Warriors, Lakers Top 2025 NBA Franchise Valuations

The Warriors are still the NBA’s most valuable team, according to Kurt Badenhausen of Sportico, who unveiled the website’s updated NBA franchise valuations for 2025 on Thursday.

Badenhausen projects the Warriors’ value at $11.33 billion, which represents an incredible 24% increase from last year’s $9.14 billion valuation. The NFL’s Dallas Cowboys, at $12.8 billion, continue to be the only global sports franchise whose valuation comes in higher than Golden State’s, according to Sportico’s projections.

As Badenhausen outlines, the Warriors lead the NBA in revenue by a significant margin, having generated an estimated $833MM last season. Golden State makes more than $5MM per game in ticket revenue, along with $2.5MM from luxury suites; the club also has a $45MM per year jersey patch deal with Rakuten, earns almost double what any other team makes in sponsorship revenue, and is one of the few teams to fully own and operate its arena, per Sportico.

After placing third a year ago, the Lakers have jumped to second place on Sportico’s 2025 list at $10 billion, based on Mark Walter‘s recent agreement to purchase the team at that valuation. The Lakers moved slightly ahead of the third-place Knicks, who come in at $9.85 billion.

Every team’s valuation has increased by at least 9% since last year, per Sportico, with the average value of an NBA franchise now at $5.51 billion (up 20% from 2024) and no team worth less than $4 billion.

The average valuation has more than doubled since 2022, when it was $2.58 billion. As Badenhausen writes, the NBA’s new $76 billion media rights deal and its global ambitions – including the possible creation of a league in Europe – have played a part in those gains.

Although the Warriors’ $833MM is something out of an outlier, NBA teams generated an average of approximately $408MM in revenue last season, according to Badenhausen, with the Grizzlies coming in last at $301MM. Memphis also ranks 30th on Sportico’s list of franchise values.

Despite placing at the bottom of this list, the Grizzlies actually had the most significant increase in their franchise valuation this past year, rising from $3.06 billion to $4 billion (31%). The Pelicans (30%), Timberwolves (29%), and Eastern Conference champion Pacers (27%) were the other biggest risers.

Of course, it’s worth noting that figures from Sportico 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 2025:

  1. Golden State Warriors: $11.33 billion
  2. Los Angeles Lakers: $10 billion
  3. New York Knicks: $9.85 billion
  4. Los Angeles Clippers: $6.72 billion
  5. Boston Celtics: $6.35 billion
  6. Brooklyn Nets: $6.22 billion
  7. Chicago Bulls: $6.12 billion
  8. Miami Heat: $6.03 billion
  9. Philadelphia 76ers: $5.61 billion
  10. Houston Rockets: $5.53 billion
  11. Dallas Mavericks: $5.24 billion
  12. Toronto Raptors: $5.22 billion
  13. Phoenix Suns: $5.09 billion
  14. Atlanta Hawks: $5.02 billion
  15. Sacramento Kings: $5 billion
  16. Cleveland Cavaliers: $4.86 billion
  17. Denver Nuggets: $4.8 billion
  18. Washington Wizards: $4.78 billion
  19. Indiana Pacers: $4.76 billion
  20. Milwaukee Bucks: $4.54 billion
  21. San Antonio Spurs: $4.5 billion
  22. Oklahoma City Thunder: $4.34 billion
  23. Utah Jazz: $4.27 billion
  24. Portland Trail Blazers: $4.25 billion
  25. Minnesota Timberwolves: $4.24 billion
  26. Orlando Magic: $4.21 billion
  27. Detroit Pistons: $4.17 billion
  28. Charlotte Hornets: $4.13 billion
  29. New Orleans Pelicans: $4.02 billion
  30. Memphis Grizzlies: $4 billion

As Badenhausen notes, Sportico’s projections are based on a control sale price, rather than limited stake purchases. Controlling shares in the Celtics, Lakers, and Trail Blazers all changed hands this past year, though only the Celtics sale has been formally approved by the NBA so far.

William Chisholm is buying the Celtics in two stages, with an initial valuation of $6.1 billion and a blended valuation of roughly $6.5 billion. Walter is purchasing the Lakers at a valuation of $10 billion, while Tom Dundon is buying the Blazers at a $4.25 billion valuation.

Hornets Waive Center Ibou Badji

The Hornets have waived center Ibou Badji, the team’s PR department tweets.

Badji, who appeared in one preseason game this month, saw action in 22 NBA games during the 2023/24 season while on a two-way contract with Portland. He averaged 1.5 points, 2.3 rebounds, and 0.9 blocks in 10.3 minutes per contest during his time with the Trail Blazers.

Outside of that stint in Portland, Badji has spent the rest of his professional career playing in the G League or in Spain, including most recently with La Laguna Tenerife, which competes in Spain’s top basketball league (Liga ACB). The 23-year-old headed overseas in the spring after appearing in 50 games for the Wisconsin Herd during the 2024/25 G League season.

The seven-footer from Senegal put up 6.0 PPG, 5.4 RPG, and an impressive 3.5 BPG in 22.4 MPG for the Herd, earning himself as spot on the NBAGL’s All-Defensive team.

The Greensboro Swarm acquired Badji’s returning rights from Wisconsin in August, which suggests the plan all along was for Badji to join Charlotte’s G League affiliate. Assuming he clears waivers, he would earn a bonus worth $85,300 if he spends at least 60 days with the Swarm.

Southwest Notes: Castle, Eisley, Thompson, Rockets Preseason, China

Last season’s Rookie of the Year, Stephon Castle, will make his preseason debut on Monday, Jeff McDonald of the San Antonio Express News reports.

Castle missed the Spurs‘ first three preseason contests with a right knee contusion. He suffered the injury during the team’s Oct. 4 Silver & Black scrimmage after banging knees with Victor Wembanyama.

With De’Aaron Fox expected to be sidelined at the beginning of the regular season, Castle is projected to be the Spurs’ opening-night starter at point guard.

We have more from the Southwest Division:

  • The Mavericks have hired Howard Eisley as a scout, Michael Scotto of HoopsHype tweets. Eisley was an assistant for Michigan under previous head coach Juwan Howard. He has also been an assistant coach with the Knicks, Wizards and Clippers.
  • Klay Thompson was assigned to guard Hornets point man LaMelo Ball during a preseason game, but Mavericks head coach Jason Kidd indicated the team can’t expect the 35-year-old wing to take on those matchups on a regular basis. “Melo’s a little different because he can score and pass,” Kidd said, per Grant Afseth of the Dallas Hoops Journal. “But we thought looking at that (Saturday) was something we needed to see. Making it tough on Melo isn’t easy — he’s gonna have the ball 90% of the time. But I thought Klay did a good job. He can still compete at that level at this stage of his career. We’re not going to ask him to do it every night, but (Saturday) he showed he can compete.”
  • The Rockets wrap up their preseason schedule with games on Tuesday and Thursday this week. Playing time and rotations in the next two games will be more reflective of what they want to implement in the regular season, according to Danielle Lerner of the Houston Chronicle. Starters will have their minutes increased to the mid-20s and 30-range, and the team will utilize more sophisticated schemes.
  • The Mavericks and Rockets will play a preseason game in China next year, Mike Curtis of the Dallas Morning News tweets. Mavs governor Patrick Dumont confirmed via the South China Morning Post that Dallas will participate in next season’s NBA China Games. “Yes, the Mavericks and the Rockets, here in Macau next year. Are you ready?” Dumont said.

Eastern Notes: Nets, Giannis, Barlow, Sixers, Plumlee

Nets owner Joe Tsai raised some eyebrows by stating during a recent panel appearance that his team is prioritizing a good draft pick in 2026 and that, as a result, “You can predict what kind of strategy we will use for this season.” Asked on Sunday about that remark, head coach Jordi Fernandez deftly put a positive spin on it, tweets Brian Lewis of The New York Post.

“He says he wants a good draft pick because no matter where we pick, our front office is so good we’re going to pick a very good player,” Fernandez said. “… So whatever we pick, that’s why he’s excited, because we’re going to pick right.”

Despite Fernandez’s spin, the general consensus is that it will be a challenging season for the Nets, who are incorporating five rookies and traded away second-leading scorer Cameron Johnson over the summer. Still, it’s worth noting that Fernandez’s team outperformed expectations last season by winning 26 games after being widely viewed as the NBA’s worst team entering the year.

We have more from around the Eastern Conference:

  • Bucks forward Giannis Antetokounmpo took part in five-on-five work at Saturday’s practice and the plan is for him to make his preseason debut on Sunday against Chicago, according to head coach Doc Rivers (Twitter link via Eric Nehm of The Athletic). Antetokounmpo got off to a late start this fall due to a case of COVID-19 that forced him to miss the first several days of training camp.
  • Sixers forward Dominick Barlow is making a strong case for a promotion from his two-way contract to a standard deal with his play this preseason, contends Keith Pompey of The Philadelphia Inquirer. I’d be surprised if Philadelphia is in any rush to fill its 15th roster spot due to the luxury tax implications, but Barlow is well positioned for rotation minutes to open the season. He even has a chance to be the team’s starting power forward until Paul George is ready to suit up, suggests Tony Jones of The Athletic (Twitter link).
  • The Sixers are naming JP Clark the head coach of their G League affiliate, the Delaware Blue Coats, reports Michael Scotto of HoopsHype (Twitter link). Clark, who has previously worked for the Clippers and Celtics, is being promoted from his role as Blue Coats assistant.
  • Mason Plumlee is the experienced veteran among a group of Hornets centers that features 23-year-olds Moussa Diabate and Ryan Kalkbrenner, but he said this week that he didn’t sign with Charlotte as a free agent just to be a mentor and leader, as Roderick Boone of The Charlotte Observer writes. “I think I have a lot to offer, especially the young guys in my position,” Plumlee said. “But my understanding is we’re playing to win this year. So, that was my interest in coming here and I want to contribute to that.”