Miami Heat Rumors | Hoops Rumors

Forbes Releases 2018 NBA Franchise Valuations

February 7th, 2018 at 10:02am CST by Luke Adams

The Knicks are still reeling from Tuesday’s news that Kristaps Porzingis has suffered a torn ACL and will be sidelined for the rest of the season. While Porzingis’ injury essentially eliminates the Knicks from the playoff race in the East, team ownership can at least find some solace in the fact that the organization remains the highest-valued franchise in the NBA, according to a report from Kurt Badenhausen of Forbes.

For the first time, all 30 NBA teams have a perceived worth of $1 billion or more, per Forbes’ annual report. In 2017, 18 teams had a valuation exceeding $1 billion, which was up from 13 teams in 2016 and just three teams in 2015.

The league-wide average of $1.65 billion per team is also a record, with franchise valuations up 22% in total over last year’s figures. NBA franchise values have tripled over the last five years, according to Badenhausen.

Here’s the full list of NBA franchise valuations, per Forbes:

New York Knicks: $3.6 billion
Los Angeles Lakers: $3.3 billion
Golden State Warriors: $3.1 billion
Chicago Bulls: $2.6 billion
Boston Celtics: $2.5 billion
Brooklyn Nets: $2.3 billion
Houston Rockets: $2.2 billion
Los Angeles Clippers: $2.15 billion
Dallas Mavericks: $1.9 billion
Miami Heat: $1.7 billion
San Antonio Spurs: $1.55 billion
Toronto Raptors: $1.4 billion
Sacramento Kings: $1.375 billion
Washington Wizards: $1.35 billion
Cleveland Cavaliers: $1.325 billion
Portland Trail Blazers: $1.3 billion
Phoenix Suns: $1.28 billion
Oklahoma City Thunder: $1.25 billion
Orlando Magic: $1.225 billion
Utah Jazz: $1.2 billion
Philadelphia 76ers: $1.18 billion
Indiana Pacers: $1.175 billion
Atlanta Hawks: $1.15 billion
Denver Nuggets: $1.125 billion
Detroit Pistons: $1.1 billion
Milwaukee Bucks: $1.075 billion
Minnesota Timberwolves: $1.06 billion
Charlotte Hornets: $1.05 billion
Memphis Grizzlies: $1.025 billion
New Orleans Pelicans: $1 billion

For comparison’s sake, Forbes’ 2017 valuations can be found right here.

Celtics, Nuggets, Sixers, Heat Remain In Mix For Evans

February 6th, 2018 at 11:56am CST by Luke Adams

The Celtics, Nuggets, and Sixers appear to be the current frontrunners to acquire Tyreke Evans from the Grizzlies, reports Adrian Wojnarowski of ESPN (Twitter link). According to Wojnarowski, the Heat have also remained engaged on Evans.

Evans, 28, has been enjoying one of the best years of his NBA career in Memphis this season, averaging 19.5 PPG, 5.0 APG, and 5.0 RPG with a .458/.392/.799 shooting line so far. Based on his terrific production, the Grizzlies are said to be seeking a first-round pick in any deal and are currently holding Evans out of their lineup as they consider their options.

It makes sense that the Celtics, Nuggets, and Sixers would have a leg up on Miami in the pursuit of Evans, since the earliest first-rounder the Heat can trade is their 2023 pick. Denver still has all of its future first-round picks, while Boston and Philadelphia are owed at least one extra first-rounder in addition to holding all of their own. If the Heat want to make a play for Evans, their offer would likely have to include former lottery selection Justise Winslow.

While it remains to be seen what sort of package each team is willing to offer for Evans, Marc Stein of The New York Times (Twitter link) hears that the Celtics’ reported hunt for a first-round pick in exchange for Marcus Smart is related to their interest in Evans and Lou Williams. Landing a first-rounder for Smart would allow the C’s to flip that pick – or their own first-rounder – to Memphis for Evans or to the Clippers for Williams, Stein notes.

For now though, the Celtics remain reluctant to include a first-round pick in an offer for a player on an expiring contract, preferring to save those selections for a “more seismic” deal, according to Adam Himmelsbach of The Boston Globe, who classifies Boston’s interest in Williams as “lukewarm.”

Lowe’s Latest: Cavs, Jordan, Magic, Nuggets, Sixers

February 6th, 2018 at 9:24am CST by Luke Adams

On Monday, we rounded up some of the highlights from a Lowe Post podcast featuring ESPN’s Zach Lowe and Adrian Wojnarowski. Late last night, Lowe published an extensive look at the trade market at ESPN.com, following up on some of the scuttlebutt he shared in that podcast. While there are a few repeated items with Lowe’s piece, he also has plenty of new notes for us as Thursday’s trade deadline approaches. Let’s dive in…

Lowe views Marc Gasol as a target that would make sense for the Cavaliers if they’re willing to trade the Nets’ 2018 first-rounder. However, he notes that the Grizzlies seem satisfied to stand pat, and the two teams haven’t discussed Gasol. Rival executives also say that the Cavs continue to act as if they won’t trade the Brooklyn pick.
Outside of the teams already known to have expressed interest in DeAndre Jordan – such as the Rockets, Bucks, and Trail Blazers – the Wizards are another club that has looked into the Clippers center, says Lowe. However, despite investigating the market for Jordan, Washington hasn’t gained any momentum toward a deal.
Every Magic player except for Aaron Gordon and Jonathan Isaac is “readily available,” sources tell Lowe. Most people around the league think that Elfrid Payton will be playing somewhere besides Orlando next season, Lowe adds.
As Lowe observes, Nuggets may not be able to afford Will Barton‘s next contract, but the team appears okay with holding onto him through the deadline and risking losing him for nothing this summer. Denver also remains on the lookout for point guards, having kicked the tires on Pacers backup Cory Joseph, per Lowe. However, potential targets like Joseph and Garrett Temple may not be viable due to the guaranteed 2018/19 money on their contracts.
The Sixers are approaching the trade deadline as buyers, but no longer have as many extra first-round draft picks as they’ve had in recent years, so they may only willing to dangle second-rounders, says Lowe.
According to Lowe, the Timberwolves have been very cautious about discussing the 2018 first-rounder they’ll get from the Thunder, since they recognize they’ll need cheap players to fill out the roster as Andrew Wiggins and Karl-Anthony Towns get very expensive.
The Warriors remain on the lookout for bench help — they inquired on Avery Bradley, but got nowhere, league sources tell Lowe.
The Heat don’t appear to have traction on any major deals, according to Lowe.

Results Of Bam Adebayo's Commitment To Film Showing

February 4th, 2018 at 8:53pm CST by Austin Kent

First-year big man Bam Adebayo has committed to studying game tape and his improvement on the defensive end reflects that, Shandel Richardson of The Sun Sentinel writes. “Bam, for such a young player, is becoming a technician with his discipline and technique and studying players,” Heat coach Erik Spoelstra said. “He’ll definitely be able to build on that.”

Southeast Notes: Wade, Zeller, Wilkins, Magic

February 3rd, 2018 at 10:15am CST by marksuleymanov

Dwyane Wade spent his first 13 seasons as a member of the Heat and he wants to finish his career with the organization. Ira Winderman of the Sun-Sentinel writes that Wade, who is currently with the Cavaliers, wants to find a way back to South Beach before retirement.

“I have thought about it, of course. I wouldn’t lie and say I haven’t,” Wade said to Winderman of possibly rejoining the Heat. “When that opportunity comes, that day comes, hopefully, I can go out in a Miami Heat jersey. I don’t know how it will be, but I would love it.”

Wade, who recently turned 36, is enjoying a solid season off the bench for Cleveland, averaging 11.2 PPG, 4.0 RPG, and 3.7 APG in 44 games. The Heat are in the midst of a strong season, sitting in fifth place in the Eastern Conference with a 29-23 record. Wade said he has followed the team since his departure and is proud of how the team has meshed together to find success.

Ideally, Wade would finish his playing career with one final season in a Heat uniform. However, it is possible for Wade to sign a one-day ceremonial contract — similar to Paul Pierce with the Celtics — and officially retire as a member of the Heat.

Check out other news from the Southeast Division:

Cody Zeller made his return on Friday after missing 21 games with torn left meniscus, providing a jolt for the Hornets. Brendan Marks of the Charlotte Observer writes that while it’s too early to tell how well Zeller has recovered, he could play a pivotal role as the Hornets make a playoff push.
The Hornets’ G-League affiliate Greensboro Swarm announced that 10-year NBA veteran Damien Wilkins has joined the team. Wilkins started the year with the Pacers and now returns to the Swarm, a team he appeared in 48 games with last season.
Magic general manager John Hammond does not characterize the 15-35 as sellers but acknowledged any moves Orlando makes at the deadline are with the future in mind, John Robbins of the Orlando Sentinel writes.

Heat Not Likely Serious About Trading Hassan Whiteside

February 2nd, 2018 at 5:54pm CST by Austin Kent

The Heat have been aggressive on the trade market, but don’t expect them to deal Hassan Whiteside without a significant haul coming back in return, Sean Deveney of The Sporting News writes. The franchise knows all too well how much of a role the 28-year-old has played in the team’s emergence as a defensive force.

The Heat can never truly be ruled out when it comes to teams willing to make a bold trade, but president Pat Riley has been wise to let head coach Erik Spoelstra channel every thing he can out of their current roster, Dave Hyde of The Sun Sentinel writes.

Scotto’s Latest: Pelicans, Gordon, Carroll, Nuggets

February 2nd, 2018 at 10:11am CST by Luke Adams

Before sending Omer Asik to Chicago, the Pelicans explored trading the veteran center to a number of other teams, according to Michael Scotto of The Athletic. League sources tells Scotto that the Hawks and Pelicans recently talked about a deal that would have sent Asik and a first-round pick to Atlanta in exchange for Marco Belinelli and Ersan Ilyasova.

The Mavericks discussed a deal that would have seen them take on both Asik and Alexis Ajinca – along with a first-round pick – in exchange for Wesley Matthews, but Dallas was hesitant to take on two undesirable multiyear contracts, says Scotto.

Additionally, the Pelicans proposed a pair of trades to the Lakers, according to Scotto, who reports that one would have sent Asik and a first-round pick to L.A. for Jordan Clarkson, while the other would have sent Ajinca and a second-round pick to the Lakers for Julius Randle. That second deal could technically still happen, but I can’t imagine it would appeal to the Lakers.

Scotto’s piece for The Athletic is jam-packed with more noteworthy trade rumors, so let’s dive in and round up some highlights…

The Magic‘s front office has “left no stone unturned” as the team explores potential trades. Scotto hears that the club has even quietly gauged trade interest in Aaron Gordon, who will be a restricted free agent this summer. I imagine Orlando would require a pretty overwhelming offer to seriously consider moving Gordon.
Several teams have expressed interest in Nets forward DeMarre Carroll, according to Scotto, who identifies the Heat as one of those teams.
As we heard on Thursday, the Bulls are still very much open for business. Robin Lopez is a trade candidate, but Chicago wants a first-round pick in a deal for the veteran center, per Scotto.
Scotto names Malik Beasley, Kenneth Faried, and Emmanuel Mudiay as trade candidates for the Nuggets, noting that the team could be a suitor for Jazz guard Rodney Hood.
Hood isn’t the only Jazz guard who could be available at the deadline — Scotto hears that Utah has also explored the trade market for Ricky Rubio.
Several teams are monitoring Pistons forward Stanley Johnson. Scotto notes that Johnson was one player the Magic coveted when they discussed deals with Detroit earlier in the season, and adds that the Spurs have interest too.
Speaking of the Spurs, they’re one of the teams – as are the division-rival Mavericks – that has expressed interest in Knicks center Willy Hernangomez.
The Wizards are keeping an eye on the trade market and buyout market for a backup point guard, writes Scotto.
Fourth-year forward Noah Vonleh has been shopped by the Trail Blazers, according to Scotto. In addition to keeping tabs on DeAndre Jordan, Portland is also interested in acquiring a small forward.
Executives around the NBA believe that Raptors swingman Norman Powell could be a trade candidate during the offseason due to the emergence of rookie OG Anunoby.

Goran Dragic To Replace Kevin Love In ASG

February 1st, 2018 at 1:38pm CST by Luke Adams

The Heat finally have an All-Star, with the NBA announcing today in a press release that Miami point guard Goran Dragic has been named to the All-Star Game as a replacement for injured Cavalier Kevin Love. Dragic will join LeBron James‘ squad for this month’s event.

In addition to being the first All-Star appearance for Dragic, it will be the first All-Star nod for any player on the Heat’s roster. Miami is currently in fourth place in the Eastern Conference with a 29-22 record, despite not having any players who had been All-Stars at any time in their NBA careers — until today.

Dragic, 31, is enjoying another productive season for the Heat, averaging 17.0 PPG, 4.8 APG, and 4.1 RPG, with a .437/.351/.757 shooting line. He’s the third injury replacement named to the All-Star Game, joining Paul George, who replaced DeMarcus Cousins, and Andre Drummond, who will sub in for John Wall.

Dragic beat out the likes of Ben Simmons and Kemba Walker, among others, for the right to be one of this year’s 12 Eastern Conference All-Stars. As the NBA’s announcement explains, the Heat point guard “received the most voting points from NBA head coaches among Eastern Conference players who were not selected as reserves or already named as an injury replacement.”

Heat Granted Disabled Player Exception

January 31st, 2018 at 11:37pm CST by Luke Adams

As expected, the Heat have been granted a disabled player exception that could be used to replace injured guard Dion Waiters, reports Shams Charania of Yahoo Sports (Twitter link). The exception will be worth $5.5MM, half of Waiters’ salary.

The Heat applied for that disabled player exception in advance of the January 15 deadline, though Waiters didn’t undergo his season-ending ankle surgery until a few days later. The NBA’s decision on the DPE was a little delayed because an independent physician had to determine that Waiters is more likely than not to be sidelined through June 15.

With their new $5.5MM exception, the Heat will be able to sign a player to a rest-of-season contract or acquire a player in the final year of his contract via trade or waiver claim. The club will have until March 12 to use the DPE, so the trade market and buyout market could both be options.

Earlier today, we identified the NBA teams that have been awarded disabled player exceptions this season after losing players to season-ending injuries. The Pistons are the only club still believed to be waiting on DPE approval, having applied for one once Jon Leuer was ruled out for the season.

2017/18 NBA Disabled Player Exceptions

January 31st, 2018 at 3:09pm CST by Luke Adams

Last month, we published an updated glossary entry outlining how the NBA’s disabled player exception functions. As we explain in that article, the disabled player exception can be granted when a team has a player go down with an injury deemed to be season-ending. The exception gives the club some additional spending flexibility, functioning almost as a cross between a traded player exception and a mid-level exception.

We go into more detail on how exactly disabled player exceptions work in the glossary entry linked above, and in a piece from earlier in the season on the Celtics’ DPE. Essentially, a DPE gives a team the opportunity to add an injury replacement by either signing a player to a one-year contract or trading for a player in the final year of his contract.

Because the rules related to disable player exceptions are somewhat restrictive, and the exceptions themselves often aren’t worth a lot, they often simply expire (this year’s deadline is March 12). According to ESPN’s Bobby Marks, only about one in four teams granted DPEs since 2007 have used them.

However, the Celtics are one team well positioned to take advantage of their DPE this season — it’s worth the maximum allowable amount ($8.4MM), the Celtics aren’t close to the tax line, they have an open roster spot, and they have a collection of extra draft picks that could be used to accommodate a trade.

While Boston may be the team most likely to use its DPE this season, there are several other clubs that have those exceptions available. Here’s a breakdown:

(Note: List updated on 2-9-18)

Teams that have been granted disabled player exceptions:

Boston Celtics: $8,406,000 (Gordon Hayward) (Update: Used on Greg Monroe)
Brooklyn Nets: $6,000,000 (Jeremy Lin) (Update: Used on Dante Cunningham)
Miami Heat: $5,500,000 (Dion Waiters)
Detroit Pistons: $5,248,660 (Jon Leuer) (Update: Used on James Ennis)
Los Angeles Clippers: $2,756,757 (Patrick Beverley)
Utah Jazz: $2,625,000 (Thabo Sefolosha)
New Orleans Pelicans: $2,480,899 (Alexis Ajinca)

As noted above, the Celtics are the best bet to use their disabled player exception, and not just because it’s worth the most (and can therefore accommodate a wider range of potential trade targets). Even if teams like the Clippers or Pelicans identify a modestly-paid player worth acquiring, they’re unlikely to use their DPEs because of how close they are to the luxury tax line and hard cap, respectively.

Teams ineligible for disabled player exceptions:

Phoenix Suns (Brandon Knight)
Memphis Grizzlies (Mike Conley)
New Orleans Pelicans (DeMarcus Cousins)
Oklahoma City Thunder (Andre Roberson)

The Grizzlies, Pelicans, and Thunder had the misfortune of having their key players ruled out for the season after the January 15 application deadline. Since they can no longer apply for a DPE, they’ll have to make do with any remaining exceptions they have. As for the Suns, a DPE to replace Knight would have been worth about $6.8MM, but Phoenix remains nearly $9MM below the cap, rendering that exception unnecessary.