Knicks Rumors

Knicks Sign, Waive Donovan Williams, Isaiah Roby

The Knicks signed Donovan Williams to an Exhibit 10 contract on Thursday evening and subsequently waived him a little over an hour later (all Twitter links from the team).

Williams, who is now eligible for a bonus worth up to $85,300 if he spends at least 60 days with the Westchester Knicks, spent part of 2022/23 on a two-way contract with the Hawks, but has otherwise spent the past three seasons playing in the G League, Canada and China.

A 6’6″ wing, Williams appeared in 35 total games (30.3 minutes per contest) for Westchester last season, averaging 17.8 points, 4.7 rebounds and 2.0 assists on .465/.382/.744 shooting. The 24-year-old, whose agreement with the Knicks was first reported at the beginning of October, also had recent stints with the Shanghai Sharks of the Chinese Basketball Association and the Scarborough Shooting Stars of the Canadian Elite Basketball League.

To make room on their offseason roster for Williams, the Knicks waived veteran guard Malcolm Brogdon, who surprisingly announced his retirement on Wednesday despite reportedly being on track to make New York’s regular season roster. The former Rookie of the Year (2017) and Sixth Man of the Year (2023) winner was on a non-guaranteed Exhibit 9 deal for training camp.

The Knicks have also signed and waived former second-round pick Isaiah Roby, per the team (Twitter links). As with Williams, Roby is likely headed back to Westchester after spending last season in Germany with Ratiopharm Ulm.

A 6’8″ power forward who has also been used as a small-ball center, Roby averaged 13.6 points, 8.1 rebounds, 2.7 assists, 1.1 steals and 1.7 blocks on .457/.375/.633 shooting in 26 games with Weschester during the ’23/24 campaign.

Roby, 27, has made 151 career NBA appearances over four total seasons with the Thunder and Spurs (18.9 MPG), averaging 7.7 PPG and 4.4 RPG on .485/.351/.675 shooting. He signed with the Knicks at the end of the ’22/23 season, but didn’t appear in any games for New York.

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.

Knicks Notes: Brogdon, Mathews, Hart, Robinson

Malcolm Brogdon‘s retirement announcement caught many around the league by surprise. Brogdon was presumed to have pole position in the preseason battle for a Knicks roster spot, and he was expecting to have a real role in head coach Mike Brown‘s rotation, write James L. Edwards III and Fred Katz for The Athletic.

Edwards and Katz, citing league sources, report that the cause for the sudden retirement was a feeling that he was no longer up for the toll, both physical and mental, that came from his many years of dealing with injuries. The Athletic’s duo notes that he wasn’t thinking about retiring in the run-up to training camp and only made his decision within the past couple days.

The Knicks had been widely reported to be seeking a trade that would allow them to keep both Brogdon and another veteran, presumably Landry Shamet. With this news, the team can retain Shamet for the regular season without making any further moves.

We have more Knicks notes:

  • According to Edwards and Katz, sharpshooting guard Garrison Mathews was also in the mix with Brogdon and Shamet for the open regular season spot and the team may still try to keep both Shamet and Mathews. Mathews is averaging 6.8 points per game on 41.7% three-point shooting for the Knicks during the preseason. If he doesn’t make the Knicks’ final roster, Mathews isn’t planning on joining the Westchester Knicks in the G League, writes Stefan Bondy for the New York Post (subscriber link). “[The Knicks] got a lot of stuff going for them. And I think they’re going to be a contender,” Mathews said. “I’m just hoping I can be a part of it.”
  • Josh Hart is getting closer to making his return for the Knicks after back spasms kept him out for much of the team’s preseason, reports Kristian Winfield for New York Daily News. Still, Brown isn’t sure if Hart will be ready for the Knicks’ preseason finale on Friday and made clear he doesn’t want to rush the recovery process, as Hart’s energy and health are crucial components of the Knicks’ identity. “At the end of the day, Josh is an extremely important part of our process,” Brown said. “We know this is gonna be a process.”
  • The Knicks plan to manage Mitchell Robinson‘s minutes closely this season, reports SNY’s Ian Begley (via Twitter). Robinson has been starting with Karl-Anthony Towns throughout the preseason, but given his extensive injury history, New York plans to hold the defensive-minded center out of some games as a precaution. Robinson, when healthy, has been a crucial part of the Knicks’ playoff success over the last few years. Begley also noted (Twitter video link) that Robinson missed practice today with some lingering soreness after sitting out the second half of the team’s most recent preseason game.

Malcolm Brogdon Announces Retirement

Veteran guard Malcolm Brogdon, who was competing for a spot on the Knicks‘ roster this month, has decided to call it a career, reports Shams Charania of ESPN. According to Charania (via Twitter), Brogdon is retiring as a player.

Charania suggests (via Twitter) that Brogdon was on track to make New York’s regular season roster after joining the team on a non-guaranteed Exhibit 9 contract. However, the 32-year-old had been considering retirement and informed the Knicks on Wednesday of his decision.

“Today, I officially begin my transition out of my basketball career,” Brogdon wrote in a statement to ESPN. “I have proudly given my mind, body, and spirit to the game over the last few decades. With the many sacrifices it took to get here, I have received many rewards. I am deeply grateful to have arrived to this point on my own terms and now to be able to reap the benefits of my career with my family and friends. Thank you, from the bottom of my heart, to all who have had a place in my journey.”

The 36th overall pick in the 2016 draft, Brogdon was named Rookie of the Year in 2017 with the Bucks and won a Sixth Man of the Year award with the Celtics in 2023. He spent three seasons in Milwaukee and three in Indiana before playing one year apiece in Boston, Portland, and Washington.

Considered a reliable contributor on both ends of the court, Brogdon had career averages of 15.3 points, 4.7 assists, and 4.1 rebounds in 29.1 minutes per game across 463 total regular season outings, with a shooting line of .463/.388/.874.

Although he was a valuable rotation player when he was on the court, injuries were a recurring problem for Brogdon, who was reportedly medically red-flagged ahead of the 2016 draft due to concerns about his foot and later dealt with various knee and leg issues. After making 75 appearances as a rookie, he played more than 56 games just twice in the next eight seasons and never again cracked the 70-game mark.

Due to their hard cap situation, the Knicks would only have been able to keep one camp invitee out of a group that included Brogdon, Landry Shamet, and Garrison Mathews unless they were to make a cost-cutting trade within the next few days.

With Brogdon no longer in the mix, New York may simply decide between Shamet and Mathews, who are both receiving “strong” consideration for a regular season roster spot, per James L. Edwards III of The Athletic (Twitter link). The team would still have to shed salary elsewhere in order to keep both players.

Knicks Notes: Towns, Robinson, Hart, Giannis, Clarkson

Karl-Anthony Towns and Mitchell Robinson have both started in the Knicks‘ first three preseason games, and new head coach Mike Brown seems to like the idea of using the two big men together, writes Zach Braziller of The New York Post. It’s an option that Tom Thibodeau rarely had last season because Robinson was recovering from ankle surgery and was only available for 17 games. Their time together was mostly limited to the playoffs, and Braziller notes that the Knicks outscored opponents by 4.4 points per 100 possessions with the double-big lineup.

“The length on the floor is just unbelievable, when you’re playing KAT at the 4, playing OG (Anunoby) at the 3, Mikal (Bridges) at the 2,” Brown said. “That’s a big, long team, with a lot of interchangeable parts. And then offensively, not just for KAT, but for the rest of the group, it just gives you a different look. You’d think that group should be able to offensive rebound at a high level, which is one of our staples.”

Braziller points out that Robinson was very effective once he was able to begin playing last season, especially in the playoffs where he averaged 4.7 points and 7.1 rebounds per game while posting a +2.7 net rating. Brown believes Robinson can adapt to his up-tempo system, and Braziller states that the seven-footer engaged in an intense conditioning program during the summer to prepare himself.

“First of all, he’s a great runner. Not a good runner, a great runner,” Brown said. “And he’s got to — like all of us — play at this pace, especially all the time. We don’t wanna do it most of the time, we wanna do it all the time. Having said that, you know Mitch is a vertical threat. I’m just guessing off the top of my head. He might be the best vertical threat I’ve been around.”

There’s more from New York:

  • Josh Hart hasn’t been able to practice since suffering back spasms in the first preseason game, but he has advanced to on-court work, Braziller adds in a separate story. Brown believes Hart will be able to pick up the new system once he’s healthy. “He’s practiced a few times, played in one game. So you have a feel of what you’re going to get from Josh,” Brown said. “But the tough part about it is because what we’re doing is new, and he hasn’t gone through it, he’s a little behind in that regard. But he’s got a great feel, has watched us enough, he should be able to jump in. He might be a few steps behind, but he should be able to catch up quickly with the guys.”
  • Giannis Antetokounmpo‘s reported interest in coming to New York if he ever asks to leave Milwaukee should be considered a major sign of progress for the franchise, contends Steve Popper of Newsday (subscription required). He notes that the Knicks have done a lot of work to rebuild their reputation around the league since Leon Rose took over as team president. Stefan Bondy of The New York Post (subscription required) offers his suggestions for a couple of Antetokounmpo deals.
  • Free agent addition Jordan Clarkson discusses the highlights of his long career in an interview with James L. Edwards of The Athletic.

Stein’s Latest: Giannis, Westbrook, Mavericks, Referees

If Giannis Antetokounmpo is ever traded, it’s more likely to happen during the offseason, Marc Stein of The Stein Line states in his latest Substack column (subscription required). That’s the conclusion Stein reaches after listening to the chatter out of Milwaukee since it was revealed last week that the Bucks and Knicks had trade discussions regarding the Greek superstar during the summer.

Stein cites Antetokounmpo’s response when asked about the rumor, saying that he’s happy in Milwaukee now but could reconsider his stance in “six, seven months.” He also said the idea of forcing a trade is “temptation,” adding that it “starts when the season ends (and lasts) until the season begins.”

Given that background, Stein believes this might be a “make-or-break” season regarding Antetokounmpo’s future with the Bucks. The front office took a huge gamble over the summer, waiving and stretching Damian Lillard‘s contract to create enough cap space to sign Myles Turner away from Indiana. However, the rest of the roster is virtually the same as it was when the team finished 48-34 last season and was eliminated in the first round of the playoffs. Antetokounmpo has repeatedly expressed his desire to compete for another NBA title and seems likely to revisit the idea of changing teams if Milwaukee can’t make progress toward that goal.

Antetokounmpo’s contract runs through 2026/27, with a $62.8MM player option for the following season. Stein points out that he’s about to enter the first season of a three-year, $175MM extension he agreed to shortly after the Bucks traded for Damian Lillard in 2023.

Stein shares information from around the league:

  • Russell Westbrook remains a free agent eight days away from the start of the regular season, but he appears very unlikely to continue his career overseas. League sources tell Stein that there have been “zero discussions” about that possibility. A report on Sunday indicated “strong mutual interest” between Westbrook and the Kings, and Stein’s sources say the 36-year-old guard remains focused on his next NBA opportunity, even if it doesn’t come until later in the season.
  • The Mavericks are expected to play two preseason games at The Venetian Macao resort next October, Stein hears. He adds that team owner Patrick Dumont was instrumental in helping the NBA rebuild its business relationships with China following a 2019 dispute sparked by Daryl Morey’s online support of pro-democracy protests in Hong Kong.
  • NBA referees have been wearing earpieces during the preseason to allow them to communicate easier with each other, Stein adds, and they could become standard equipment when the regular season begins.

Atlantic Notes: Edgecombe, Minott, Bridges, Raptors

VJ Edgecombe missed the Sixers‘ game on Friday against the Magic due to hip soreness, as Keith Pompey of The Philadelphia Inquirer tweets. Pompey notes that despite receiving a day-to-day injury designation, Edgecombe was a part of shootaround this morning and will be a participant in practice next week, barring a setback.

Staying healthy is crucial for Edgecombe, especially since he has an opportunity to play a big role for the Sixers this season. Tony Jones of The Athletic writes that the rookie guard has a real shot at being a starter, though his role could hinge in large part on the health of Paul George and Joel Embiid.

Regardless of whether he starts or not, Edgecombe should be in line for plenty of minutes this year, according to Jones, who highlights Edgecombe’s ability to play as a pick-and-roll ball-handler and passer off the dribble as a more underrated part of his skill set. As is the case for many athletic guards, Edgecombe’s development will hinge on how good he can become as a shooter and ball-handler.

We have more notes from around the Atlantic Division:

  • As part of the Celtics‘ plan to reset their books with Jayson Tatum injured, the team brought in younger, unproven players to try to rebuild its depth following the departures of Kristaps Porzingis, Jrue Holiday, Al Horford, and Luke Kornet. One such player who has stood out so far, according to Brian Robb of MassLive, is Josh Minott. The 23-year-old forward, who came to Boston after three years with the Wolves, showed a bit of everything except for shooting in the Celtics’ preseason game on Wednesday. While all of the Celtics’ young players played well on Wednesday, Robb writes, Minott’s hustle and defensive ability stood out. Gary Washburn of the Boston Globe (subscription required) echoed that sentiment, while adding that Minott’s versatility could allow him to carve out a role in head coach Joe Mazzulla‘s game plan.
  • The Knicks are still adjusting to Mike Brown‘s offense, but there’s excitement about the changes the new head coach is bringing to the team, with second-year Knick Mikal Bridges expressing appreciation for Brown’s approach, writes Ian Begley for SNY. “He and his coaches, they all run a tight ship. You can tell that whatever we’re doing out there, they’re all on the same page, no matter what the situation is,” Bridges said. “And that’s a lot of credit to him… for everybody to be on the same page makes it easier for us players when they talk to us because any coach you talk to, you’re going to hear the same thing.” Brown knows it’s going to be a process to incorporate his changes. “Right now, I don’t care if we win or lose, as long as we keep trying to play the right way and trust it,” he said. “I want them to learn how to play basketball the right way offensively within our staples. That’s pace, whether it’s in the full court or the half court… If you hit that paint and you don’t have the ball, don’t just stand there. Get out right now and re-space to create more opportunities for driving and kicking…. Space the right way all the time… Hey, it hits your hands, shoot it, pass it, snap drive it to try to collapse the defense. Those are things that we believe in.”
  • With 14 Raptors on guaranteed standard contracts, head coach Darko Rajakovic is unsure if the team will fill its 15th spot for the regular season, indicating on Friday that Toronto is weighing its options, per TSN’s Josh Lewenberg (via Twitter). A.J. Lawson would likely be the favorite if the team does carry a 15th man, Lewenberg notes. Lawson was a standout for the Raptors’ Summer League team and has averaged 4.0 points in 5.4 minutes through two preseason games.

Knicks, Raptors Agree To Dismiss Lawsuit

The Knicks and Raptors have agreed to voluntarily dismiss a lawsuit filed by the Knicks in 2023, reports Baxter Holmes for ESPN.

The lawsuit alleged that former Knicks employee Ikechukwu Azotam “illegally took thousands of proprietary files with him to his new position” in Toronto at the behest of the Raptors, who looked to gain a competitive advantage.

The Knicks and (Raptors ownership group) Maple Leaf Sports & Entertainment withdrew their respective claims and the matter is resolved. The Parties are focused on the future,” the two teams said in identical statements to ESPN.

The Knicks sought over $10MM in damages, while the Raptors filed a motion aimed at dismissing the charges and called upon league commissioner Adam Silver to adjudicate the proceedings. The Knicks then questioned Silver’s impartiality based on his close relationship with Raptors minority owner Larry Tanenbaum. In response, the Raptors accused the Knicks of dragging out the case for publicity and threatened to counter-sue.

Ultimately, a judge agreed with the Raptors that the matter should be resolved by Silver.

Along with Azotam and the Raptors organization, head coach Darko Rajakovic was listed as a defendant in the lawsuit, along with player development coach Noah Lewis and 10 unidentified employees.

Holmes notes that the case has now been voluntarily dismissed with prejudice, which means the decision is permanent.

Knicks Made Brunson ‘Untouchable’ In Giannis Trade Talks

When the Knicks and Bucks discussed the possibility of a Giannis Antetokounmpo trade in August, New York made Jalen Brunson “untouchable,” team sources tell Sam Amick of The Athletic.

The news comes as no surprise, given that the goal of an Antetokounmpo trade for the Knicks would be to pair him with Brunson, not have him replace the star point guard.

With Brunson off limits and Mikal Bridges not eligible to be moved at that time due to his recently signed extension, it stands to reason that Karl-Anthony Towns, OG Anunoby, and Mitchell Robinson were likely among the players discussed by the two sides, Amick writes.

ESPN’s Shams Charania reported earlier this week that the Knicks and Bucks spoke about Antetokounmpo over the summer after the star forward expressed some concerns about his team’s championship upside and conveyed that New York would be the only team he’d be interested in if he were to leave Milwaukee.

However, Charania stressed that those discussions didn’t gain any traction, with the Bucks making it clear they wanted to hang onto the two-time MVP and New York not making a compelling enough pitch to force them to reconsider that stance.

The Knicks have already traded away several future first-round picks, so any offer they made for a star like Antetokounmpo would have to be player-heavy in terms of value. And even if the Bucks had interest in some of those players, New York has concerns about the potential roster imbalance that sort of blockbuster trade would create, according to Amick.

While subsequent reports, including this one from The Athletic, have confirmed that those trade talks generated no momentum, Amick says this development was definitely “not nothing.” He refers to it as “nothing short of an escalation,” since it’s the strongest signal yet that Antetokounmpo is considering options outside of Milwaukee.

[RELATED: Bucks’ Antetokounmpo, Rivers Address Giannis Trade Rumors]

Although the Knicks were the only team to have a conversation with the Bucks about Giannis this offseason, many more teams around the league would be ready to pursue him if he were ever to be made available, according to Amick, who suggests that the 30-year-old’s future in Milwaukee could be largely determined by what happens this coming season. Giannis only has one more guaranteed year on his contract beyond 2025/26, with a player option for ’27/28.

Knicks Notes: Giannis, Towns, Yabusele, Robinson, Tyndale

In a subscriber-only mailbag, Stefan Bondy of The New York Post confirms the Knicks and Bucks discussed a trade involving two-time MVP Giannis Antetokounmpo this summer, but cautions those negotiations went “nowhere productive” beyond revealing the Greek superstar would prefer to play in New York if he ever leaves Milwaukee.

According to Bondy, the Knicks don’t have a realistic pathway to acquire Antetokounmpo unless the 30-year-old specifically demands a trade to New York. And even if Milwaukee struggles this season, there’s no indication that Antetokounmpo would go that route.

Unless the Knicks would be willing to trade Jalen Brunson in a possible multi-team construct, they simply lack the draft assets to compete with other teams in a potential bidding war, Bondy explains.

While it’s a positive development that Antetokounmpo reportedly wants to play for the Knicks after they have been spurned by other stars in the past, the situation could be a distraction if New York gets off to a slow start, Bondy writes. It will also be an important “measuring stick” for the current front office regime, according to Bondy, who points out that the Knicks spent most of their previous draft capital to trade for Mikal Bridges — a move that may or may not pay off in the long run.

Here’s more on the Knicks:

  • Big men Karl-Anthony Towns and Guerschon Yabusele have been faced with the difficult task of adjusting to the unique requirements of playing in Mike Brown‘s offensive system, writes Andrew Crane of The New York Post. How Towns in particular acclimates may determine the Knicks’ ceiling this season, Crane notes. “They’re both doing a fantastic job trying to adjust,” Brown said of Towns and Yabusele, “but it’s going to take them a little longer than everybody else just because they’re playing both of the positions within the framework of our offense — and so their learning curve’s gonna have to be a lot steeper than anybody else’s.”
  • Towns has been impressed with Mitchell Robinson in training camp and is looking forward to building chemistry with him in the frontcourt, according to Crane. “He’s very gifted with his feet, just the way he can maneuver around the court,” Towns said of Robinson. “I had good expectations of what I thought of Mitch walking in, especially on the offensive end, how I can maximize his offensive game. But even he surprised me with his ability.”
  • Brown is excited to be the home coach at Madison Square Garden for the first time on Thursday, per Kristian Winfield of The New York Daily News. “MSG is such an iconic venue,” Brown said. “And whether it’s a preseason game or regular-season game, to be able to know that that’s your home court every night and to do it for the first time, it gives you goosebumps.”
  • Brown’s coaching staff continues to grow, according to Michael Scotto of HoopsHype, who reports (via Twitter) that the Knicks are hiring Mark Tyndale as a player development assistant. Tyndale had previous stops in Portland and Toronto, Scotto notes.