Forbes Releases 2019 NBA Franchise Valuations
A year ago, when Forbes released its annual NBA franchise valuations, the Knicks were reeling from the news that Kristaps Porzingis has suffered a torn ACL, but still earned the top spot on Forbes’ list of the league’s most valuable teams.
This time around, Knicks fans are reeling from the trade that sent Porzingis to Dallas. Once again though, the franchise is still considered the most valuable of any of the NBA’s 30 clubs, according to a report from Kurt Badenhausen and Mike Ozanian of Forbes.
For the first time, all 30 NBA teams have a perceived worth of $1.2 billion or more, per Forbes’ annual report. While all 30 teams’ valuations cracked the $1 billion threshold for the first time last year, 10 franchises were below $1.2 billion.
The league-wide average of $1.9 billion per team in 2019 is also a new record, with franchise valuations up 13% in total over last year’s figures. NBA franchise values have once again tripled over the last five years, according to Badenhausen and Ozanian.
Here’s the full list of NBA franchise valuations, per Forbes:
- New York Knicks: $4 billion
- Los Angeles Lakers: $3.7 billion
- Golden State Warriors: $3.5 billion
- Chicago Bulls: $2.9 billion
- Boston Celtics: $2.8 billion
- Brooklyn Nets: $2.35 billion
- Houston Rockets: $2.3 billion
- Dallas Mavericks: $2.25 billion
- Los Angeles Clippers: $2.2 billion
- Miami Heat: $1.75 billion
- Toronto Raptors: $1.675 billion
- Philadelphia 76ers: $1.65 billion
- San Antonio Spurs: $1.625 billion
- Portland Trail Blazers: $1.6 billion
- Sacramento Kings: $1.575 billion
- Washington Wizards: $1.55 billion
- Phoenix Suns: $1.5 billion
- Oklahoma City Thunder: $1.475 billion
- Utah Jazz: $1.425 billion
- Indiana Pacers: $1.4 billion
- Denver Nuggets: $1.375 billion
- Milwaukee Bucks: $1.35 billion
- Orlando Magic: $1.325 billion
- Atlanta Hawks: $1.3 billion
- Cleveland Cavaliers: $1.275 billion
- Detroit Pistons: $1.27 billion
- Minnesota Timberwolves: $1.26 billion
- Charlotte Hornets: $1.25 billion
- New Orleans Pelicans: $1.22 billion
- Memphis Grizzlies: $1.2 billion
The Sixers are this year’s big riser, moving from 21st on the 2018 list to 12th in 2019. Conversely, the Cavaliers fell the most. After losing LeBron James, Cleveland was the only franchise to see its valuation dip from year to year, as it decreased from $1.325 billion (15th) in 2018 to $1.275 billion (25th) in 2019.
O’Connor’s Latest: Gasol, Conley, OKC, Prince, More
As we relayed earlier today, Kevin O’Connor of The Ringer hears that the Hornets‘ offer for Grizzlies center Marc Gasol is Bismack Biyombo, Michael Kidd-Gilchrist, and a protected first-round pick. That would be an underwhelming return for Gasol, but there hasn’t been much league-wide interest in the 34-year-old, O’Connor writes.
The Kings and Pistons were among the teams potentially in the mix for Gasol, according to O’Connor, but Memphis didn’t have any interest in Detroit center Andre Drummond and Sacramento was unwilling to part with promising young wing Bogdan Bogdanovic, whom the Grizzlies wanted.
The Raptors reportedly explored a potential Gasol deal, initially attempting to come up with an individual trade for one Grizzlies veteran before turning it into a package for both Gasol and Mike Conley, O’Connor writes. However, those talks didn’t advance and league sources tell The Ringer that it’s unlikely Toronto ends up with Gasol or Conley.
Elsewhere on the Conley front, the Jazz continue to make a strong push, with an offer that includes Ricky Rubio, Derrick Favors, and a first-round pick, per O’Connor. The sense around the NBA is that the Grizzlies won’t settle for a modest return for Conley, which is something we heard in relation to the Pistons’ offer earlier today.
O’Connor’s latest piece for The Ringer features several more trade-related tidbits, so we’ll round them up here…
- The Thunder are believed to be among the teams with interest in Cavaliers guard Alec Burks, league sources tell O’Connor. However, Burks wouldn’t fit into OKC’s $10.88MM trade exception. The Thunder, along with the Sixers and Trail Blazers, have expressed interest in Hawks wing Taurean Prince, O’Connor adds.
- Following up on his report from last week about the Rockets and Grizzlies discussing a Brandon Knight trade, O’Connor suggests that Marquese Chriss and a first-round pick would also go to Memphis in that proposed deal. Houston would be targeting JaMychal Green and Garrett Temple in the swap, though it remains in the discussion stage for now.
- The Kings have made calls about veteran forwards Harrison Barnes (Mavericks) and Otto Porter (Wizards) but have found no traction on a Porter deal, writes O’Connor.
- While DeAndre Jordan looks like an obvious trade candidate, it wouldn’t be a major surprise if the Knicks keep him around as a potential recruiter for Kevin Durant, according to O’Connor, who notes that Durant and Jordan are good friends. Stefan Bondy of The New York Daily News wrote about this subject on Tuesday.
- League sources don’t expect the Celtics to do anything at the deadline with Terry Rozier, since he could serve as potential Kyrie Irving insurance or a sign-and-trade sweetener for Anthony Davis in the offseason, says O’Connor.
- According to O’Connor, the Pacers remain open to moving one of their two veteran point guards, Cory Joseph or Darren Collison. Both players are on expiring contracts.
Deveney’s Latest: Wizards, Sixers, Fultz, Morris
After sharing some trade-related notes on the Trail Blazers, Dario Saric, and Wesley Matthews on Monday, Sean Deveney of Sporting News is back with another handful of trade rumors today. Let’s dive right in and round up the highlights…
- Wizards owner Ted Leonsis said last week that there are no plans to trade John Wall, Bradley Beal, or Otto Porter at this year’s deadline, and rival executives have heard the same thing in discussions with Washington, writes Deveney. “They’re not budging,” one exec said of the Wizards. “Maybe they’d deal Porter, but they want a star-type player back, and that’s not happening.”
- The Sixers aren’t yet ready to move on from Markelle Fultz, sources tell Deveney. Fultz is still 20 years old and his value has cratered, so Philadelphia will hold out hope that he can rebuild that value. However, that stance could change in the offseason if the team views Fultz as a key trade chip to acquire important role players.
- The Sixers have been “very active” on the trade market as they seek depth, but would be content to go the buyout route if necessary, after having success there a year ago, says Deveney.
- Celtics forward Marcus Morris isn’t a trade candidate, given how important he has been in Boston this season. “I would hate to think where they’d be without Morris,” one scout told Deveney. “All the stuff that’s gone on, at least on the floor, he kind of holds it together for them.”
- Morris will be an unrestricted free agent this summer and executives around the NBA predict that he’ll command a starting salary in the $11-12MM range, according to Deveney. “Two years makes sense, but maybe a third year on an option,” said one GM. Deveney names the Kings, Jazz, and Pacers as teams that could have interest in the Celtics forward during the offseason.
Trade Rumors: KCP, J. Parker, O’Quinn, R. Lopez
In addition to doing their best to pry Anthony Davis away from the Pelicans, the Lakers have reportedly explored a deal with the Bulls involving Kentavious Caldwell-Pope and Jabari Parker. ESPN’s Brian Windhorst reported as much on the Hoop Collective podcast this week, as Matthew Moreno of LakersNation.com relays.
There are a number of potential roadblocks to such a deal. For one, the Lakers would have to include at least one more piece in order to match salaries, since Parker is earning $20MM and Caldwell-Pope has a $12MM cap hit. Most of the Lakers’ other expiring contracts are tied up in their offer for Davis, though they’d be available to move if the Pelicans decide to hang onto AD through the deadline.
Additionally, Caldwell-Pope has the ability to veto a trade, which is why he hasn’t been included in any of the Lakers’ offers to the Pelicans for Davis. Windhorst suggests that the Bulls “really like” Caldwell-Pope, so if KCP reciprocates that interest, perhaps he’d sign off on a deal. But it’s unclear whether he’d agree on a move that would send him from a playoff contender to a lottery team. For what it’s worth, Joe Cowley of The Chicago Sun-Times hears that Caldwell-Pope doesn’t appear to be interested in the Bulls.
Here are a few more trade rumors and notes from around the NBA:
- Pacers big man Kyle O’Quinn is worth keeping an eye on as the deadline approaches, tweets Keith Smith of Yahoo Sports. Indiana has been “quietly active” seeking wing help, and O’Quinn’s expiring contract could be used in a deal, Smith notes.
- Trade talk about veteran center Robin Lopez has quieted recently, a league source tell Joe Cowley of The Chicago Sun-Times. That doesn’t necessarily mean that Lopez won’t be moved by Thursday afternoon, but it sounds like the Bulls aren’t close to anything.
- Mike Schmitz of ESPN.com (Insider-only link) identifies Frank Ntilikina (Knicks), Luke Kennard (Pistons), Justin Jackson (Kings), and Cheick Diallo (Pelicans) as potential targets for teams looking to buy low on young prospects.
- Bryan Fonseca of NetsDaily explores some trade possibilities for the Nets, while Rod Beard of The Detroit News argues that if the Pistons make a deal, they should take a big swing.
Pacers Have Need For Shot-Makers Post-Oladipo
The Pacers, fresh off of a season-worst four-game losing streak, lack swagger without star Victor Oladipo, J. Michael of the Indianapolis Star writes. And it’s not just at the end of close games.
Michael notes that plenty of the Pacers’ struggles could be addressed by the addition of an established shot-maker, the likes of which could very realistically be available when the buyer’s market typically ramps up after the trade deadline.
If a player like Wesley Matthews, who was recently acquired by the Knicks in their Kristaps Porzingis‘ trade, has his expiring contract bought out, he could be of great service to a team like the Pacers.
Orlando’s Plan At The Trade Deadline Remains Unclear
The Magic, with a record of 21-31, remain just five games back in the loss column of a playoff spot in the Eastern Conference and most of the league doesn’t have a feel for what Orlando is going to do before the trade deadline, ESPN’s Zach Lowe writes.
While many in the organization feel pressure to make the playoffs this season, the Magic’s front office doesn’t appear to be under a playoffs-or-bust mandate. Despite being within an arm’s length of a playoff spot, the team could consider making moves with the long-term in mind.
Aaron Gordon‘s descending contract was designed to make him a more attractive trade piece. With the Mohamed Bamba–Jonathan Isaac looking like team’s frontcourt of the future, the 23-year-old combo forward, who’s best suited to play the four, may find himself on a new team. The Mavericks inquired on Gordon’s availability before pulling the trigger on Kristaps Porzingis, Lowe reports.
The Pacers had interest in signing Gordon to an offer sheet when he was a restricted free agent, though it’s unclear what Indiana’s position is on trading for talent before the deadline with star Victor Oladipo out for the year. Lowe speculates that the Jazz and Trail Blazers would be good landing spots for Gordon should Orlando ship him out.
The Magic would likely deal Terrence Ross, who will be a free agent after the season, for a future asset, Lowe adds, though he cautions that Orlando may not be able to get even a heavily-protected first-round pick for the swingman. If the team does deal Ross, it could be for a pair of second-round picks.
The Magic have to consider trading Nikola Vucevic, Lowe contends. The team drafted Bamba to man the five and with Vucevic’s looming free agency, Orlando will either have to sign him to a massive deal or watch him walk for nothing.
Lowe doesn’t anticipate a Vuvevic trade. though he touches on a pair of hypothetical deals with one involving Orlando shipping the big man to the Lakers for Kentavious Caldwell-Pope and Los Angeles’ first-round pick. The Lakers’ pick is expected to fall somewhere in the middle of the draft and that may not be more appealing than simply keeping Vucevic for the Magic’s front office.
The other hypothetical involves a swap of Ross and Markelle Fultz. While the deal would seem to benefit both the Sixers and Magic, it’s unclear whether Philadelphia would require an additional asset, such as a second-round pick. Lowe notes that Fultz’s injury and trade value remains a mystery.
Latest On Mike Conley, Marc Gasol Suitors
The Jazz and Grizzlies have explored a trade involving Mike Conley and Ricky Rubio, and Zach Lowe of ESPN.com hears that Utah’s interest in the former No. 4 overall pick is “very real.” The organization could feasibly build a package around Rubio and Derrick Favors, who are both on expiring deals, while peppering in a draft pick or two.
Utah is reportedly unimpressed with the 2019 draft class and their first-round pick is on the table in trade talks. It’s unclear if the Jazz would toss in a second first-round pick for Conley, though it would be a surprising development. Lowe speculates that Dante Exum could be in the mix as part of a package, adding that the Jazz could move on to more affordable targets, such as Nikola Mirotic, if the price for Conley remains too high.
The Conley sweepstakes are expected to heat up as we get closer to the deadline and surprise suitors could emerge. Lowe passes along more from Memphis regarding their two biggest stars:
- Marc Gasol is hoping for a trade and teams are waiting to see if the Grizzlies lower the asking price for their long-time center, Lowe reports. As for a potential Pistons-Grizzlies deal, Memphis has not shown any interest in acquiring Andre Drummond yet and Lowe hears that Detroit may be saving its trade chips for someone else.
- The Pistons and Grizzlies have talked about a Conley deal, though discussions did not get very far. Detroit would likely have to ship out Reggie Jackson is a trade for Conley.
- While Conley would be a nice on-court fit for the Pacers, Indiana has stepped away from Conley talks, sources tell Lowe. Lowe speculates that the Grizzlies would likely ask for Domantas Sabonis is a Conley deal, something that wouldn’t appeal to the Pacers.
- The Jazz would have interest in signing Tobias Harris this summer should they not trade for Conley or make a major move at the deadline that utilizes their future cap space. The Clippers have received calls for Harris, per Lowe, though rival teams get the sense that they have no interest in trading him. Lowe adds that Los Angeles would be happy to re-sign Harris in the offseason.
- The Kings are not as interested in Gasol as reports and speculation might suggest. Sacramento doesn’t appear to be willing to hand over a future first-rounder in exchange for the big man, as the club owes its 2019 pick to Boston (Philadelphia gets the selection if it’s the No. 1 pick).
Free Agent Stock Watch 2019: Central Division
Every week, Hoops Rumors takes a closer look at players who will be free agents or could become free agents next offseason. We examine if their stock is rising or falling due to performance and other factors. This week, we turn our attention to the Central Division:
Bobby Portis, Bulls, 23, PF (Up) – Signed to a four-year, $6.85MM deal in 2015
Portis turned down a contract extension to give himself a chance to shop his services this summer. Portis has battled a variety of injuries but has finally settled in since the New Year. He erupted for 26 points in 24 minutes in a victory over Miami on Wednesday. Portis is foul prone but can gather rebounds in bunches and is shooting 42.5% from long range since returning to the rotation. He’ll be a restricted free agent if Chicago extends a qualifying offer but Portis’ youth and production could land him an offer sheet once the bigger names are off the board.
Alec Burks, Cavaliers, 27, SG (Up) – Signed to a four-year, $42MM deal in 2015
Burks was acquired from Utah in December because of his $11.5MM expiring contract, but he’s playing regularly and showing off his versatility. Cleveland is using him in more of a playmaking role than he had with the Jazz and he recorded nine assists in a win over Washington on Tuesday. He’s also been shooting it well (45.8% from long range) and contributing on the boards (5.5 RPG) since the New Year began. Burks could be traded again before the February 7th deadline.
Stanley Johnson, Pistons, 22, SF (Down) – Signed to a four-year, $12.8MM deal in 2015
Johnson got a fresh start after two disappointing seasons due to a coaching change. However, Johnson hasn’t been any better under Dwane Casey than he was with Stan Van Gundy. He’s shooting 26.8% from the 3-point line and doesn’t finish his drives with any consistency. Johnson can be a hard-nose defender but much more was expected from a lottery pick who departed Arizona after one season. Johnson could be a restricted free agent if the Pistons extend a $5.3MM qualifying offer, but there’s an increasing possibility the franchise will let him walk.
Brook Lopez, Bucks, 30, C (Up) — Signed to a one-year, $3.38MM deal in 2018
Lopez’s game has changed dramatically since he entered the league. He does two things very well — stretch defenses with his 3-point prowess and block shots. He delivered both at high levels in January. Lopez shot 48.1% from long range and averaged 2.6 BPG, including a trio of contests in which he swatted five or more shots. Lopez fits well into Milwaukee’s scheme, providing solid production at a bargain basement rate. He should be able to land a bigger contract this summer.
Bojan Bogdanovic, Pacers, 29 (Up)– Signed to a two-year, $21MM deal in 2017
Bogdanovic has steadily increased his production during his five NBA seasons and he’s picking a good time to have a career year. Bogdanovic is averaging career highs in points, rebounds, assists, field goal percentage, 3-point percentage and steals. The Pacers will rely on his marksmanship even more with Victor Oladipo out for the season. A wing player that can knock down 40% of his threes is bound to grab plenty of attention this summer.
Photo courtesy of USA Today Sports Images.
NBA Announces All-Star Reserves
The NBA announced today the reserves for the 2019 All-Star Game, releasing the pool of players eligible to be drafted by captains LeBron James and Giannis Antetokounmpo for the contest.
For the Eastern Conference, Washington’s Bradley Beal, Detroit’s Blake Griffin, Toronto’s Kyle Lowry, Philadelphia’s Ben Simmons, Milwaukee’s Khris Middleton and Orlando’s Nikola Vucevic were all selected.
Indiana guard Victor Oladipo was also chosen, but he’ll miss the game due to injury. The NBA could name a replacement for Oladipo, with Eric Bledsoe or D’Angelo Russell among the most likely candidates.
New Orleans’ Anthony Davis, Oklahoma City’s Russell Westbrook, Denver’s Nikola Jokic, Golden State’s Klay Thompson, Portland’s Damian Lillard, San Antonio’s LaMarcus Aldridge and Minnesota’s Karl-Anthony Towns were chosen to represent the Western Conference.
James and Antetokounmpo will draft their respective teams next Thursday, Feb. 7 at 7:00pm ET. The draft will air on TNT and commence just hours after the NBA’s trade deadline. Each captain must first finish selecting from the pool of starters — announced last week — before choosing from this list of reserves.
The All-Star Game is set to take place on Sunday, Feb. 17 at Spectrum Center in Charlotte. The starters for the game were chosen by votes from fans, players and media, while the reserves were selected by the 30 NBA head coaches.
Lakers Notes: K. Thompson, Davis, LeBron, Ingram
The Lakers are hoping for a scenario in which they can add both Klay Thompson and Anthony Davis, according to ESPN’s Adrian Wojnarowksi. In an appearance with Scott Van Pelt yesterday, Wojnarowski broke down the latest Davis rumors and said L.A.’s front office has even bigger things in mind.
If the Lakers can acquire Davis before the start of free agency and the Warriors aren’t willing to make a full maximum offer to Thompson, the All-Star guard will think about heading south to form a new Big Three, according to Woj.
“We’ll see what Golden State does there. They’ve got a lot of players to pay going forward,” Wojnarowski said. “They want to re-sign Kevin Durant. They certainly want to re-sign Klay, they’ve got Draymond Green coming up in free agency the following year.”
The Lakers project to have about $36MM in cap space this summer, so they should be considered a serious contender for Thompson if he’s ready to part ways with the Warriors.
There’s more Lakers news to pass along:
- The front office should learn from past mistakes and make an all-out effort to get the Davis deal done, writes Bill Oram of The Athletic. The Lakers had similar opportunities over the past two years with Paul George and Kawhi Leonard, two Southern California natives who both expressed a desire to play in L.A., but were cautious and watched them go to other teams. They didn’t want to give up Brandon Ingram in a deal for George, Oram states, and they never put together their best offer to get Leonard from the Spurs.
- LeBron James is getting closer to returning from the groin injury that has sidelined him for more than a month, relays Ohm Youngmisuk of ESPN. James participated in full-court contact drills this week and hasn’t been ruled out for tonight, although Thursday’s game seems more realistic.
- The Davis trade rumors are a potential distraction for the Lakers’ young players, who are rumored to be part of the package for New Orleans, Youngmisuk notes in the same story. Ingram, Lonzo Ball, Kyle Kuzma and Josh Hart will hear their names mentioned frequently until the Davis situation is resolved. “I think you look on social network and look on everything else, you have all these stories of this player, this player, this player,” Ingram said. “But no one in this room or the players or the coaches or the general manager doesn’t say a word about it. So like I said, we only listen to the important people in this building.”