Indiana Pacers Rumors | Hoops Rumors

Pacers Sign Aaron Nesmith To Two-Year Extension

October 21st, 2025 at 11:17am CST by Rory Maher

October 21: The Pacers have formally announced their extension with Nesmith, confirming the news in a press release.

“Aaron Nesmith embodies our team’s selfless, fast-paced style of play while also playing a key role in defining our culture, all of which is a testament to his talent, dedication, and commitment to this organization and our fans,” president of basketball operations Kevin Pritchard said in a statement. “We look forward to Aaron’s continued growth and contributions to both our team and our community, and we’re proud to have reached an agreement that will keep him here in Indiana.”

October 20: The Pacers and starting small forward Aaron Nesmith have agreed to a two-year, $40.4MM extension, agent Mike Lindeman tells ESPN’s Shams Charania. The deal includes a trade kicker, Charania adds.

As ESPN’s Bobby Marks notes (via Twitter), Nesmith will earn $11MM each of the next two seasons. His extension, which begins in two years, will pay him a projected $19.4MM in 2027/28 and $21MM in 2028/29.

Nesmith, who turned 26 years old last week, has developed into one of the NBA’s top 3-and-D players in Indiana. He was selected 14th overall in the 2020 draft and spent his first two seasons with the Celtics, who traded him to the Pacers in the 2022 offseason.

Over the past two regular seasons, the 6’5″ wing has averaged 12.1 points and 3.9 rebounds in 26.6 minutes per contest, posting an excellent shooting line of .500/.423/.829. Nesmith played an integral role in the Pacers’ run to the NBA Finals earlier this year, appearing in all 23 playoff games (28.3 MPG) while averaging 12.7 PPG, 5.7 RPG, 0.9 SPG and 0.8 BPG on .472/.492/.861 shooting.

Charania, citing ESPN research, says Nesmith’s 49.2% mark from long distance was the best percentage of any player who has attempted at least 100 threes in the playoffs.

Nesmith was among a handful of players our Luke Adams identified last week as an under-the-radar veteran extension candidate. Two others from his list — Toumani Camara and A.J. Green — have inked new deals as well.

The maximum the Pacers could have offered Nesmith was a three-year deal worth up to $62.9MM — what he agreed to was the maximum he could have received on a two-year extension.

The deadline for veteran extensions for players on non-expiring contracts is at 10:59 pm CT tonight.

Central Notes: Pistons, Thompson, Giannis, Middleton, Jones

October 21st, 2025 at 8:58am CST by Luke Adams

Having not agreed to terms with center Jalen Duren or guard Jaden Ivey ahead of Monday’s deadline for rookie scale extensions, the Pistons now have an eventful offseason on tap for 2026, writes Omari Sankofa II of The Detroit Free Press (subscription required).

As Sankofa notes, besides entering restricted free agency with Duren and Ivey, Detroit will also have to deal with Tobias Harris‘ unrestricted free agency — the veteran forward won’t become extension-eligible prior to reaching the open market. Additionally, 2023 lottery pick Ausar Thompson will become eligible for a rookie scale extension with his own next July, so the team may be negotiating with him at the same time as it tries to resolve Duren’s and Ivey’s contract situations.

While Duren and Ivey should do very well for themselves in free agency if they have strong seasons in 2025/26, Thompson has the tools to earn the most lucrative contract of the trio if he has a breakout year after a healthy offseason. Teammate Cade Cunningham is confident about Thompson’s chances to have a big third season, as Hunter Patterson of The Athletic details.

“Ausar had a great summer,” Cunningham said in September. “I think he’s really going to make a lot of noise this year. He’s going to wake a lot of people up in a loud way.”

“I don’t think about (having a breakout season), but if my mentality is where I want it to be every single game, then I should be able to do that,” Thompson said.

We have more from around the Central Division:

In a separate story for The Detroit Free Press (subscription required), Sankofa takes a closer look at what the Pistons‘ rotation will look like without Ivey to open the season, exploring whether two-way player Daniss Jenkins has a chance to earn regular minutes and considering whether spacing or power forward depth will be an issue for the team.
Speaking about how important his legacy is to him, Bucks star Giannis Antetokounmpo said he’s solely focused on winning rather than “stats” and that he doesn’t consider himself to be in the same tier as all-time NBA greats like Michael Jordan, LeBron James, Wilt Chamberlain, and Kareem Abdul-Jabbar — at least not yet. “That’s the goal,” Antetokounmpo said, per Tim Reynolds of The Associated Press. “I’m not there yet. They’re like top 10 all-time. I’ve got a lot of work to do. But I’m going to be there.”
Wizards forward Khris Middleton will be returning to Milwaukee on Wednesday for the first time as an opponent since the Bucks traded him at last season’s deadline. As Bijan Todd of Monumental Sports Network relays (via Twitter), Middleton expects it to be an “emotional” night. Antetokounmpo, Middleton’s longtime teammate, echoed that sentiment. “I think the most important thing, he should get the warmest welcome ever,” Giannis said (Twitter link via Eric Nehm of The Athletic). “When he comes here and he sees the tribute video, he should be in tears crying before the game. I cannot explain how much Khris means to this team. I cannot explain how much Khris means to me. … That’s my brother for life. We’ve done incredible things together, so I cannot wait to see him tear up on Wednesday.”
Noe Padilla and Ryan Murphy of The Indianapolis Star share some additional details on Kam Jones‘ Monday arrest, writing that the rookie guard told police he was “running late for practice for the Indiana Pacers” when he was pulled over for erratic driving. Jones, who allegedly didn’t comply for several minutes when police tried to stop him, said that he didn’t realize right away that he was being pulled over.

No Rookie Scale Extensions For Rockets’ Eason, 11 Others

October 20th, 2025 at 5:24pm CST by Luke Adams

The Rockets and forward Tari Eason failed to come to terms on a rookie scale extension ahead of the 5:00 pm Central time deadline on Monday, reports Shams Charania of ESPN (Twitter link).

Entering the day, Eason looked like one of the top remaining candidates to sign a rookie scale extension, along with Nuggets wing Christian Braun and Hawks guard Dyson Daniels. However, while Braun and Daniels completed deals worth $25MM annually, the Rockets and Eason were unable to find common ground “on multiple fronts,” according to Charania.

That wording suggests the two sides not have seen eye to eye on both years and dollars, or perhaps they disagreed over how the end of a potential extension would be structured in terms of options and/or guaranteed money.

According to Kelly Iko of Yahoo Sports (Twitter link), the Rockets and Eason’s camp had been “far apart in valuation” for weeks and weren’t able to bridge that gap despite an 11th hour push from the team, which was in position to work out an agreement with Eason after extending Kevin Durant over the weekend.

Eason is one of 12 players who didn’t sign rookie scale extensions prior to Monday’s deadline despite being eligible. Those players will now be on track for restricted free agency when their rookie scale contracts expire during the 2026 offseason.

Here’s that full list of players, sorted by their 2022 draft position and with their projected 2026 qualifying offers included in parentheses:

Jaden Ivey, Pistons ($13,402,098)
Bennedict Mathurin, Pacers ($12,256,222)
Jeremy Sochan, Spurs ($9,615,393)
Ousmane Dieng, Thunder ($9,132,437)
Jalen Duren, Pistons ($8,966,188)
Ochai Agbaji, Raptors ($8,879,483)
Mark Williams, Suns ($8,774,590)
Tari Eason, Rockets ($8,014,182)
Dalen Terry, Bulls ($7,661,348)
Malaki Branham, Wizards ($7,110,593)
Walker Kessler, Jazz ($7,064,702)
Peyton Watson, Nuggets ($6,534,714)

Those qualifying offers, which must be issued in order to make the player a restricted free agent, are subject to change depending on whether or not the player meets the starter criteria next season. A player drafted in the top 14 who falls short of the criteria would have a qualifying offer worth $8,774,590. A player who was drafted between No. 10 and No. 30 and achieves the starter criteria would see the value of his QO increase to $9,615,393.

A team that issues a qualifying offer to a potential restricted free agent gains the right of first refusal on that player and can match any offer sheet he signs with a rival suitor. A player who doesn’t get a QO next June would hit the market as an unrestricted free agent.

Magic forward Paolo Banchero, Thunder teammates Chet Holmgren and Jalen Williams, Kings forward Keegan Murray, Rockets forward Jabari Smith Jr., Trail Blazers guard Shaedon Sharpe, and Heat forward Nikola Jovic joined Braun and Daniels in signing rookie scale extensions, bringing the total for 2025 to nine. The details on those deals can be viewed here.

Pacers Rookie Kam Jones Arrested For Alleged Erratic Driving

October 20th, 2025 at 12:40pm CST by Dana Gauruder

Pacers rookie Kam Jones was arrested after a brief chase on Interstate 65 in Indianapolis on Monday morning, according to Mike Potter of WTHR-13News.

According to Indiana State Police, a trooper tried to pull over Jones for allegedly driving erratically on southbound I-65. Police say Jones did not pull over at first and led them on a brief chase that ended near the Fletcher Avenue exit near Fountain Square in Indianapolis. As of Monday afternoon, Jones was being held in the Marion County jail on preliminary charges of reckless driving and resisting law enforcement.

The Pacers issued this statement: “We are aware of the situation involving Kam Jones. We are in the process of gathering additional information and will not have any additional comment on the matter at this time.”

Jones was drafted with the No. 38 overall pick in June and signed a standard contract in July. He missed most of training camp due to a back injury and is expected to be reevaluated sometime next month.

A 6’5″ combo guard, Jones spent his entire four-year college career at Marquette, where he was a consensus second-team All-American and a member of the All-Big East first team in 2025 after averaging 19.2 points, 5.9 assists, and 4.5 rebounds in 33.8 minutes per game across 34 outings as a senior.

Pacers Notes: Backup Guard, Peter, Mathurin, Huff

October 19th, 2025 at 5:59pm CST by Eli Cohen

The Pacers are entering the season without a clear plan for the backup point guard spot behind Andrew Nembhard, writes Dustin Dopirak for The Indy Star. Tyrese Haliburton will miss the entire season with an Achilles tear; steadfast backup T.J. McConnell is out at least a few more weeks with a hamstring strain; and Kam Jones, the No. 35 pick in the 2025 draft, is on a similar timeline due to a back injury.

Indiana had bad luck with the veterans it brought in with the hopes of filling the spot. Monte Morris had a calf strain that resulted in the Pacers backing off their plan to sign him, while Delon Wright sustained a head injury in the preseason and was subsequently waived. Cameron Payne made it through the preseason healthy, but Dopirak writes that he was unable to integrate into the Pacers’ system.

“It didn’t work out,” said head coach Rick Carlisle.

With few options heading into the first month of the season, Dopirak writes that third-year guard Ben Sheppard may be asked to tap into his collegiate point guard roots. He also notes that another free agent move is not out of the question.

“We’re looking at everything,” Carlisle said. “The waiver wire. We’re looking at people’s nephews and uncles and everything else, but good point guards aren’t growing on trees. We’re going to have to be creative.”

We have more from around the Pacers:

One very creative solution to the aforementioned point guard problem comes in the form of this year’s 54th overall pick Taelon Peter, Dopirak writes in the same story. Despite never averaging more than 2.3 assists per game in college, Peter has shown a knack for play-making in the preseason, handing out nearly 3.3 assists to 1.3 turnovers in 24.1 minutes per game. According to Dopirak, Carlisle asked Peter during the team’s second preseason game if he’d ever played point guard, then proceeded to let him run the offense for the second unit in Friday’s preseason finale. “It’s easy to sprint to the corners and knock down shots,” Peter said. “But being able to get everybody where they need to be and know every spot on every play, it’s something that is a challenge, but it’s something they’ve been great about helping me transition into. They’ve been really gracious with me throughout the process.”
Bennedict Mathurin is looking forward to having what he considers a consistent role, Dopirak writes in a separate piece. Mathurin’s scoring ability has been a useful tool for Indiana when its offense bogs down, but his style has sometimes clashed with the team’s fast-paced, ball movement-based attack, resulting in Mathurin being shuffled in and out of the starting unit as needed. With the team more in need of his scoring than ever, the fourth-year guard is likely to be a full-time starter for the first time in his career. “I’ll have a little bit more freedom to go out there to be myself, you know, within the system,” he said. “I look forward to going out there and accomplishing a lot of great things.” Carlisle wants him to make quick decisions and take advantage of easy reads, rather than play hero ball, feedback which Mathurin is taking seriously. “It’s just about watching a lot of film, seeing what’s in front of me and taking advantage of every little thing, whether it’s about timing or spacing,” he said.
Indiana is seeking an answer at the center position after losing Myles Turner in free agency. For new Pacer Jay Huff, it’s the opportunity he has been waiting for, Dopirak writes in a profile of the big man. This marks the fifth NBA home in five years for Huff, who has played for the Lakers, Wizards, Nuggets, and Grizzlies. Last season was something of a breakout for the big man, as he averaged 6.9 points and 0.9 blocks in 11.7 minutes per game while shooting 40.5% from three and making a career-high 64 appearances. “Opportunity at the right place and right time is everything in the league,” Huff said. “I think that was just what I was waiting for.” While not comparing them as players, Pacers general manager Chad Buchanan believes Huff can slot in well as a facsimile of the role previously played by Turner. “When a need came up for a stretch five this summer, he was the name that our analytics staff has always targeted,” Buchanan said. “He was just a great fit for us. His age, his shooting, his IQ. So we thought this is a good match for us.”

Extension Rumors: Daniels, Ivey, Duren, Eason, Braun, Sharpe

October 18th, 2025 at 7:39pm CST by Arthur Hill

After talking to agents and executives around the league, Jake Fischer of The Stein Line states in his latest Substack column (subscription required) that there will likely be few, if any, rookie scale extensions reached before Monday’s deadline that carry an average annual value larger than $25MM. Fischer adds that teams have become more cautious about handing out large deals because of the restrictions that accompany the first and second aprons.

He points to Hawks guard Dyson Daniels as someone who should be in good position to match the five-year, $150MM extensions that teammate Jalen Johnson and Orlando guard Jalen Suggs both received last offseason. However, sources tell Fischer that Atlanta’s front office is willing to let Daniels test restricted free agency next year if he won’t sign on the team’s terms.

Fischer notes that Daniels’ agent, Daniel Moldovan, also represents Josh Giddey, who just went through a months-long standoff with the Bulls in restricted free agency. Fischer adds that Daniels would likely be entering a more robust market for restricted free agents than the one that Giddey faced.

Fischer offers more information on players eligible for rookie scale extensions:

Jaden Ivey and Jalen Duren haven’t made much progress in their extension talks with the Pistons, sources tell Fischer. He suggests that management might be extra cautious with Ivey following arthroscopic surgery on his right knee this week. Ivey’s camp expects an active market if he does hit free agency, even though he’s also coming off a fractured left tibia that cost him most of last season. Sources describe negotiations with Duren as “tepid” so far, per Fischer, who adds that his representatives are asking for a new deal worth much more than $30MM in AAV and are also optimistic about his prospects on the open market.
The Rockets are hoping to sign Tari Eason to an extension that’s “significantly lower” than the five-year, $122MM deal that Jabari Smith Jr. accepted this summer, according to Fischer. The outcome of the Eason negotiations will affect what Houston is willing to give Kevin Durant in his extension talks, Fischer adds. With Amen Thompson expected to receive a max extension next offseason, Houston is being careful about not overloading its salary commitments. Fischer talked to capologists who said they would recommend limiting any Durant offers to $80MM over two years. As Fischer notes, it’s not certain that Durant would remain with the Rockets at that number.
It seems unlikely that Christian Braun will reach an extension agreement with the Nuggets, Fischer states. Sources tell him that Denver is already sending signals that it doesn’t want to become a taxpaying team next season, while Braun and his camp are hoping for a deal at $25MM in average annual value. The Nuggets are also holding extension talks with Peyton Watson, but Fischer suggests a new deal with him may not happen unless they can’t agree to terms with Braun.
Fischer views Trail Blazers guard Shaedon Sharpe as the most likely remaining candidate to hammer out an extension before the deadline. Rival teams that Fischer contacted expect Portland to give Sharpe something in the neighborhood of $100MM over four years.
Suns center Mark Williams, Jazz center Walker Kessler and Pacers wing Bennedict Mathurin all appear headed for restricted free agency, Fischer states. Of the three, Fischer points to Mathurin as the most likely to change teams because of Indiana’s reluctance to add more long-term salary.

Pacers Waive Cameron Payne, Two Others

October 18th, 2025 at 3:36pm CST by Luke Adams

3:36 pm: The Pacers have officially waived Payne, the team confirmed in a press release. Recent signees Kyle Guy and Ray Spalding, who are ticketed for the Noblesville Boom in the G League, have also been cut, per the Pacers.

According to Dustin Dopirak of The Indianapolis Star (Twitter link), the team is still weighing its options at the back of the roster, including whether to keep all of its centers or potentially add another point guard.

2:47 pm: Cameron Payne won’t make the Pacers‘ regular season roster, according to Michael Scotto of HoopsHype (Twitter link), who reports that the team plans to waive the veteran point guard.

After initially targeting Monte Morris this fall for a training camp deal, Indiana pivoted to Delon Wright, who was injured during the preseason, prompting the club to sign Payne last week as a replacement.

A 10-year NBA veteran who has earned regular playing time in Phoenix, Milwaukee, Philadelphia, and New York in recent years, Payne had a potential path to a roster spot on a Pacers team that will be without star Tyrese Haliburton (Achilles tear) for the entire 2025/26 season and is also currently missing T.J. McConnell (hamstring).

However, Payne didn’t stand out over the course of three preseason games, shooting just 28.6% from the field and registering nearly as many turnovers (six) as assists (seven). After getting a start in his first preseason outing as a Pacer, the 31-year-old came off the bench in the last two and was behind rookie guard (and preseason standout) Taelon Peter in the rotation on Friday.

Payne was on a non-guaranteed Exhibit 9 contract, so waiving him won’t leave any dead money on the Pacers’ cap. Indiana is now in position to keep center Tony Bradley, who is on a standard non-guaranteed contract, assuming the team plans to carry a full 15-man standard roster into opening night.

Pacers Waive Gabe McGlothan, Jalen Slawson

October 18th, 2025 at 11:53am CST by Dana Gauruder

The Pacers have waived forwards Gabe McGlothan and Jalen Slawson, according to a team press release. In subsequent moves, Indiana signed guard Kyle Guy and forward Ray Spalding to Exhibit 10 contracts, with an eye toward having them join the Noblesville Boom.

McGlothan, who was signed to a camp deal last month, was on the Nuggets’ training camp roster in 2024 but was waived before opening night. He spent the season with the Grand Rapids Gold of the G League, averaging 8.7 points, 5.7 rebounds and 1.3 assists in 42 games. McGlothan went undrafted after playing four collegiate seasons at Grand Canyon and was on Dallas’ Summer League roster this July.

Slawson, who joined the Pacers on a camp contract in early July, spent last season with the Osceola Magic in the G League. He appeared in 50 games at that level, averaging 12.0 points, 7.3 rebounds and 3.6 assists in 30.1 minutes per contest. The 25-year-old was on the Sixers’ Summer League squad in July.

Indiana’s intent to sign Guy was previously reported. The Boom acquired Spalding’s returning rights from the Rio Grande Valley Vipers (the Rockets’ affiliate) in exchange for a 2026 first-round pick earlier this month.

McGlothan and Slawson will likely wind up with the Boom. All four players could earn bonuses worth up to $85,300 if they stay with Indiana’s affiliate for at least 60 days.

Injury Notes: Sochan, George, Demin, Suggs, K. Jones, Ingles

October 16th, 2025 at 2:44pm CST by Luke Adams

The Spurs will be without forward Jeremy Sochan when they open their regular season in Dallas next Wednesday night, according to the team (Twitter link via Jared Weiss of The Athletic).

Ramping up this fall from a calf injury he sustained during the summer, Sochan had progressed to 5-on-5 scrimmages this week and was trending toward potentially being available for opening night. However, the Spurs say that he sprained his left wrist in practice on Thursday. He’ll enter the regular season considered day-to-day, per the club.

Sochan is one of 15 players who remain eligible to sign rookie scale extensions. If he and the Spurs don’t agree to terms on or before Monday, he’ll be on track to play out his contract year and become eligible for restricted free agency next summer.

We have more injury updates from around the NBA:

After progressing to 3-on-3 work on Wednesday, Sixers forward Paul George took another step forward on Thursday, fully participating in practice, including 5-on-5 action, tweets Derek Bodner of PHLY Sports. However, head coach Nick Nurse quickly replied “no” when asked if there’s optimism about George suiting up for Friday’s preseason finale or next Wednesday’s regular season opener (Twitter video link). “Yesterday was his first day live,” Nurse said. “… Today was a short amount of 5-on-5, so we have to just keep waiting.”
No. 8 overall pick Egor Demin will make his preseason debut for the Nets on Friday vs. Toronto, writes Brian Lewis of The New York Post. Demin has been dealing with a plantar fascia tear during training camp and the preseason, but it appears he’ll be ready for the start of the season unless he experiences a setback before then.
Magic guard Jalen Suggs responded well to the limited contact work he did this week, but there are still hurdles to clear before he’s cleared for game action, head coach Jamahl Mosley said on Thursday. “We’ll have a couple more scrimmages where we’ll be able to go live, some 3-on-3, some 5-on-5, and we’ll see how he responds after each one of those days,” Mosley said, per Jason Beede of The Orlando Sentinel (subscription required). “Then we’ll be able to tell you accordingly, you’ll know whether he is or isn’t [ready] on opening night.”
After announcing last week that rookie guard Kam Jones could miss multiple weeks due to a back issue, Pacers head coach Rick Carlisle provided an update on Thursday, telling Dustin Dopirak of The Indianapolis Star (Twitter link) to check back in on Jones around November 9. That’s the same date that T.J. McConnell (hamstring) is scheduled to be reevaluated.
Timberwolves forward Joe Ingles, diagnosed last week with a left groin strain, has been cleared for basketball activities and will be available for Thursday’s game against Chicago, the team announced today in a press release.

Warriors, Lakers Top 2025 NBA Franchise Valuations

October 16th, 2025 at 8:48am CST by Luke Adams

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:

Golden State Warriors: $11.33 billion
Los Angeles Lakers: $10 billion
New York Knicks: $9.85 billion
Los Angeles Clippers: $6.72 billion
Boston Celtics: $6.35 billion
Brooklyn Nets: $6.22 billion
Chicago Bulls: $6.12 billion
Miami Heat: $6.03 billion
Philadelphia 76ers: $5.61 billion
Houston Rockets: $5.53 billion
Dallas Mavericks: $5.24 billion
Toronto Raptors: $5.22 billion
Phoenix Suns: $5.09 billion
Atlanta Hawks: $5.02 billion
Sacramento Kings: $5 billion
Cleveland Cavaliers: $4.86 billion
Denver Nuggets: $4.8 billion
Washington Wizards: $4.78 billion
Indiana Pacers: $4.76 billion
Milwaukee Bucks: $4.54 billion
San Antonio Spurs: $4.5 billion
Oklahoma City Thunder: $4.34 billion
Utah Jazz: $4.27 billion
Portland Trail Blazers: $4.25 billion
Minnesota Timberwolves: $4.24 billion
Orlando Magic: $4.21 billion
Detroit Pistons: $4.17 billion
Charlotte Hornets: $4.13 billion
New Orleans Pelicans: $4.02 billion
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.