Grizzlies Waive Nate Hinton, DeJon Jarreau, Braxton Key
The Grizzlies have set their regular season roster by waiving swingman Nate Hinton, guard DeJon Jarreau, and forward Braxton Key, the team announced today in a press release (Twitter link).
Hinton and Jarreau both signed with Memphis within the past couple days, whereas Key was with the team for all of training camp and the preseason. Key appeared in just one of the Grizzlies’ preseason games, contributing eight points and six rebounds in 17 minutes of action.
All three players were on Exhibit 10 contracts and seem likely to end up with the Memphis Hustle, the Grizzlies’ G League team. Assuming they spend at least 60 days with the Hustle, Hinton, Jarreau, and Key will receive bonuses worth up to $85,300 on top of their standard G League salaries.
The Grizzlies had been carrying a full 21-man preseason roster. This series of cuts moves that number to 18.
With 15 players on standard guaranteed contracts and three on two-way deals, Memphis will have a full roster to open the season and will need to lean on its depth early. The club is already dealing with a series of injuries — the latest blow was to the backcourt, where Scotty Pippen Jr. will reportedly be sidelined into the new year after undergoing toe surgery.
Grizzlies Sign DeJon Jarreau, Waive Lawson Lovering
The Grizzlies have signed guard DeJon Jarreau and waived center Lawson Lovering, according to a team press release (Twitter link). Terms weren’t made available but Jarreau likely received a non-guaranteed Exhibit 10 deal, as Memphis already has 15 players on guaranteed contracts.
Jarreau appeared in 10 games as a reserve in two NBA seasons (2021/22 and ’23/24) with the Pacers and Grizzlies, averaging 4.3 points, 4.4 rebounds and 2.6 assists in 15.1 minutes. The 27-year-old, who went undrafted in 2021 out of Houston, played with Indiana on a two-way deal and with Memphis on a pair of 10-day contracts.
The New Orleans native also has competed in 67 total games (27 starts) in two seasons with the NBA G League’s Fort Wayne Mad Ants, Texas Legends, Capital City Go-Go and Memphis Hustle, averaging 13.0 points, 5.7 rebounds, 5.3 assists and 1.0 steals in 23.9 minutes per contest at the NBAGL level.
Lovering was signed by Memphis on an Exhibit 10 deal in early September. He played four preseason games for the Grizzlies and averaged 2.0 points and 2.5 rebounds in 9.5 minutes. The 22-year-old Wyoming native went unselected in the 2025 draft after his final collegiate season at Utah.
Lovering will probably head to the Memphis Hustle, the team’s G League affiliate, where he’ll be eligible for a bonus worth $50,000 if spends at least 60 days with the club. Jarreau will likely wind up getting waived and joining the Hustle as well.
Grizzlies Sign Nate Hinton, Waive Charlie Brown Jr.
The Grizzlies have made a minor change to their roster ahead of Friday’s preseason finale, announcing today (via Twitter) that they’ve signed swingman Nate Hinton and waived guard Charlie Brown Jr.
Hinton, 26, appeared in 38 regular season games for Dallas, Indiana, and Houston from 2021-24 but was out of the league last year after being waived by the Rockets ahead of opening night.
Hinton appeared in a total of 37 games in the G League in 2024/25 for the Rio Grande Valley Vipers and the Memphis Hustle, the Grizzlies’ affiliate. He averaged 12.0 points, 8.8 rebounds, 3.3 assists, and 1.7 steals in 29.4 minutes per game, with a shooting line of .483/.378/.614.
The 6’5″ guard/forward appears likely to report back to the Hustle this fall. Assuming he signed an Exhibit 10 contract with the Grizzlies, which is likely, he’ll be eligible to earn a bonus worth up to $85,300 if he’s waived and then spends at least 60 days with Memphis’ affiliate.
That’s also likely the plan for Brown, who signed an Exhibit 10 deal with the Grizzlies earlier this week.
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:
- 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.
2025/26 NBA Over/Unders: Southwest Division
With the 2025/26 NBA regular season just around the corner, we’re getting serious about predictions for the upcoming campaign and continuing an annual Hoops Rumors tradition.
With the help of the lines from a series of sports betting sites – including BetMGM and BetOnline – we’re running through the predicted win totals for each of the NBA’s 30 teams, by division. In a series of team-by-team polls, you’ll get the chance to weigh in on whether you think those forecasts are too optimistic or too pessimistic.
In 2024/25, our voters went 13-17 on their over/under picks. Can we top that in ’25/26?
We’ll wrap up our series today with the Southwest Division…
Houston Rockets
- 2024/25 record: 52-30
- Over/under for 2025/26: 52.5 wins
- Major offseason moves:
San Antonio Spurs
- 2024/25 record: 34-48
- Over/under for 2025/26: 44.5 wins
- Major offseason moves:
Dallas Mavericks
- 2024/25 record: 39-43
- Over/under for 2025/26: 41.5 wins
- Major offseason moves:
- Added: Cooper Flagg, D’Angelo Russell
- Lost: Spencer Dinwiddie, Olivier-Maxence Prosper, Kai Jones
Memphis Grizzlies
- 2024/25 record: 48-34
- Over/under for 2025/26: 39.5 wins
- Major offseason moves:
New Orleans Pelicans
- 2024/25 record: 21-61
- Over/under for 2025/26: 30.5 wins
- Major offseason moves:
Previous voting results:
- New York Knicks (53.5 wins): Over (63.2%)
- Boston Celtics (42.5 wins): Over (52.7%)
- Philadelphia 76ers (42.5 wins): Under (58.7%)
- Toronto Raptors (37.5 wins): Over (50.2%)
- Brooklyn Nets (20.5 wins): Over (54.4%)
- Cleveland Cavaliers (56.5 wins): Over (58.0%)
- Detroit Pistons (46.5 wins): Over (60.5%)
- Milwaukee Bucks (42.5 wins): Over (74.4%)
- Indiana Pacers (37.5 wins): Over (50.1%)
- Chicago Bulls (32.5 wins): Over (60.8%)
- Orlando Magic (51.5 wins): Over (52.8%)
- Atlanta Hawks (47.5 wins): Over (54.9%)
- Miami Heat (37.5 wins): Over (54.4%)
- Charlotte Hornets (27.5 wins): Over (50.6%)
- Washington Wizards (21.5 wins): Under (62.4%)
- Oklahoma City Thunder (62.5 wins): Over (62.9%)
- Denver Nuggets (53.5 wins): Over (72.1%)
- Minnesota Timberwolves (49.5 wins): Over (58.7%)
- Portland Trail Blazers (34.5 wins): Over (57.1%)
- Utah Jazz (18.5 wins): Over (55.3%)
- Los Angeles Clippers (48.5 wins): Under (58.7%)
- Los Angeles Lakers (48.5 wins): Under (52.1%)
- Golden State Warriors (46.5 wins): Over (68.3%)
- Sacramento Kings (34.5 wins): Over (55.1%)
- Phoenix Suns (31.5 wins): Under (56.8%)
Southwest Notes: Flagg, Hardy, Nembhard, Morant, Jackson Jr., Barnes
Cooper Flagg, point guard? At least for this week, that’s his spot. With D’Angelo Russell sitting out against Utah in the Mavericks’ preseason game on Monday, Flagg got the nod at the point in a jumbo lineup featuring P.J. Washington, Klay Thompson, Anthony Davis and Dereck Lively II, Marc Stein of the Stein Line tweets.
The Mavericks staff is eager to see what the No. 1 overall pick in the draft can do in different roles. Flagg responded on Monday with 11 points. He had just one assist but no turnovers.
“When you look at what Cooper’s done here, it’s been really good,” coach Jason Kidd said, per Grant Afseth of the Dallas Hoops Journal. “We’ve put him in different situations — running the offense, running plays, playing off the ball. There are things he has to improve. He’s not perfect yet, but being able to make plays and understand the game at a high level at 18 has been really cool to watch.”
Kidd plans to go with the same lineup against the Lakers, according to Afseth.
“You’ll probably see that group start again on Wednesday,” Kidd said.
Here’s more from the Southwest Division:
- Kidd used Ryan Nembhard, who is signed to a two-way contract, as the first point guard off the bench ahead of Jaden Hardy, Mike Curtis of the Dallas Morning News notes (Twitter links). Hardy has struggled in the preseason and Kidd wants him to be more than a scorer. “I think growth has to be able to not just score the ball. We know he can do that,” the Mavericks‘ head coach said. “Can he make plays for others? Can he get us set in the offense? Being able to compete on the defensive end. He’s going to get a great opportunity in preseason to show that he has grown.” Hardy signed a three-year, $18MM extension last year which kicks in this season.
- Grizzlies stars Ja Morant and Jaren Jackson Jr. are making good progress in their rehab from injuries, head coach Tuomas Iisalo said on Tuesday, per Damichael Cole of the Memphis Commercial Appeal. “Both guys are progressing really well and are able to do significantly more than one week ago,” Iisalo said. Morant is considered week-to-week with a sprained left ankle. Jackson is recovering from turf toe surgery. Neither has seen action in the preseason.
- Expect Harrison Barnes to remain in a starting role with the Spurs, Jeff McDonald of the San Antonio Express-News writes (subscription required). While head coach Mitch Johnson has yet to announce an opening night lineup, Barnes has not come off the bench in any game since the 2015/16 season. He enters his 14th season riding a streak of 304 consecutive games played. “I’m just trying to be out there for every game,” said Barnes, who has an expiring $19MM contract.
Grizzlies Add Charlie Brown Jr., Waive Tyler Burton
The Grizzlies have signed guard Charlie Brown Jr. and waived forward Tyler Burton, according to a team press release.
Memphis’ intent to sign Brown was reported last month.
Brown was sent to Charlotte last October as part of the three-team trade that brought Karl-Anthony Towns to New York. The 28-year-old was waived before the start of the season and played for the Raptors 905 in the G League, where he averaged 12.5 points, 3.6 rebounds and 2.2 assists in 21 regular season contests and tied a league record with nine steals in a game.
Brown has appeared in 49 NBA games with five teams since going undrafted out of St. Joseph’s in 2019. However, his only NBA action since 2022 came during an eight-game stint with the Knicks on a two-way contract in 2023/24.
Assuming Brown signed an Exhibit 10 contract — the Grizzlies already have 15 players on guaranteed deals — he’ll be able to earn a bonus worth up to $85,300 if he’s waived and spends at least 60 days with the G League’s Memphis Hustle.
Burton was signed to a camp deal in early September. He spent last season with the Hustle, appearing in eight games and averaging 2.5 points and 2.9 rebounds in 12 minutes per night. He played three years at Richmond and two years at Villanova before going undrafted in 2024.
He’ll likely return to the Hustle with the possibility of collecting his Exhibit 10 bonus. He’s considered a returning-rights player.
Injury Notes: Jazz, Williams, Sheppard, Furphy
The Jazz are getting closer to full health, tweets Andy Larsen of The Salt Lake Tribune. According to Larsen, Lauri Markkanen, Walker Kessler, and Kyle Filipowski, who missed the start of training camp due to lower back, left shoulder, and left wrist injuries, respectively, were full participants in practice on Sunday.
The three big men were unavailable for Utah’s opening two preseason matchups, but are gearing up for their returns. Markkanen previously stated that while his injury was minor, he wasn’t sure of his exact timetable for return.
Larsen also notes that Kyle Anderson, who played at least 14 minutes in each of the opening preseason games, was not able to suit up for practice due to right knee tendinitis.
We have more injury notes from around the league:
- Vince Williams Jr. missed the Grizzlies‘ game against the Hawks on Friday night, but according to head coach Tuomas Iisalo, his absence wasn’t a cause for concern. Iisalo said the decision was made because of “small precautions,” according to Damichael Cole of The Memphis Commercial Appeal (via Twitter), and added that it was “nothing serious at this moment.”
- Ben Sheppard has been absent from each of the Pacers‘ two preseason games so far and is doubtful for Monday’s upcoming tilt against the Spurs, reports Dustin Dopirak of the Indianapolis Star (Twitter link). According to coach Rick Carlisle, Sheppard is still working his way back to being a full practice participant. The Pacers are very light on healthy guards at the moment; in addition to Tyrese Haliburton, Indiana is already missing T.J. McConnell, who will be out at least a month with a hamstring injury, as well as 2025 draft pick Kam Jones, who is sidelined due to a back injury.
- Pacers sophomore Johnny Furphy is joining Sheppard on the injury report after he sprained his left ankle in Saturday’s contest with the Thunder, Dopirak writes. Furphy’s recovery timeline has not been reported yet, nor has the severity of the sprain.
Jaylen Wells Is Responding To His Larger Role In The Offense
- The Grizzlies are counting on Jaylen Wells to take on an expanded offensive role after trading Desmond Bane to Orlando, notes Damichael Cole of The Memphis Commercial Appeal. That means some play-making duties as well as increased scoring for the second-year swingman. “Overall, I think he’s on a very nice growth trajectory,” coach Tuomas Iisalo said. “He’s being asked to be a secondary handler in our offense right now, and he’s doing a pretty good job with it — like today, when he’s more assertive and finds his spots. I’m very happy with his development.”
Magic Notes: Bane, Banchero, F. Wagner, Black, Howard
The Magic took a major gamble by trading for Desmond Bane, but Paolo Banchero believes the high-scoring guard is exactly what Orlando needs to be a serious contender in the East, writes Marc J. Spears of Andscape. The team sent a lot of assets to Memphis in return, parting with Kentavious Caldwell-Pope, Cole Anthony, four unprotected first-round picks and a first-round swap. Banchero has no doubt that Bane will be worth the high price.
“It’s a great fit for who we are as a team,” he said. “He adds what we’re missing, and he also adds to what we already have. It’s like the perfect match. We don’t have anybody who can make shots like him, who can kind of leverage the way he is able to make shots, then make plays for others and get downhill and create. He’s a Swiss Army knife just as a player, as a guard. He is stronger than 99 percent of the guards in the league with how he’s built. He’s going to fit into what we do.”
Bane tells Spears that he received a Father’s Day text from Grizzlies general manager Zach Kleiman, along with a request to talk right away. Kleiman followed up by FaceTiming him to break the news of the trade. Even though Bane was caught by surprise after spending his first five NBA seasons in Memphis, he insists there’s “no bad blood at all” and he’s happy to be in a good situation in Orlando. He also regrets that the Grizzlies weren’t able to make a long playoff run while the foundation of the team was together.
“I feel like we never really got a chance to see what it would be like for a full season with our core and everybody healthy,” Bane said. “But you can only wait so long. In this business, you only got so many years to make something happen.”
There’s more from Orlando:
- Jamahl Mosely had Jalen Suggs and Moritz Wagner serve as coaches during Wednesday’s scrimmage, per Jason Beede of The Orlando Sentinel. Suggs is still recovering from a left knee trochlea cartilage tear that ended his season in January, while Wagner is rehabbing a torn ACL in his left knee. Since they couldn’t participate in the scrimmage, Mosely decided to give them a different perspective. “It’s huge because it talks about communicating,” he said. “It keeps communication as the high priority. You’ve got to be able to communicate with your teammates the things that you see, what you want, the standard that we’ve set. I’ve said this before but it’s easy for coaches to say things, to put things on boards, to watch it on film … It becomes real when these guys can repeat it back to you and they can repeat the message of what they’re calling themselves to do.”
- Franz Wagner sat out the first preseason contest after an active summer at EuroBasket, but he’s hoping to get back on the court in at least one of the next three games, Beede adds. “Yeah, I definitely want to play, get out there with the guys and get a couple minutes,” Wagner said. “Not that much time before the first real game.”
- In a separate story, Beede examines the importance of this season for Anthony Black and Jett Howard, who will both become eligible for rookie scale extensions next summer.