Hornets Exercise Options On Ball, Bouknight, Jones
The Hornets have picked up their 2023/24 rookie scale team options on third-year All-Star point guard LaMelo Ball, as well as second-year players James Bouknight and Kai Jones, reports Rod Boone of The Charlotte Observer.
Boone notes that the decision was widely expected. While Ball, the No. 3 draft pick in 2020, has already emerged as the focal point of Charlotte’s offense, 6’5″ shooting guard Bouknight has worked his way into the team’s rotation under returning head coach Steve Clifford, thanks in part to injuries incurred by Terry Rozier and Cody Martin. The 6’11” Jones, a power forward/center, is the team’s third-string five behind Mason Plumlee and Nick Richards.
Ball, 21, has yet to play for the 2-2 Hornets this season as he continues to work his way back from an ankle injury. The 6’7″ guard posted averages of 20.1 PPG, 7.6 APG, 6.7 RPG, and 1.6 BPG across 75 games last year, and was named an All-Star injury replacement by the league. In 2021/22, Ball posted .429/.389/.872 shooting splits. His 2023/24 option is worth approximately $10.9MM.
Across four games thus far in his sophomore season, Bouknight is averaging 5.8 PPG, 1.8 RPG and 1.5 APG in 15.5 MPG. The No. 11 pick in 2021 out of Connecticut has been coming off the bench for Charlotte. His stint with the Hornets thus far has not been without its off-the-court issues. Just prior to the start of the 2022/23 season, Bouknight was arrested for a DWI, making him the third Charlotte player overall to be arrested during the 2022 offseason. His $4.57MM salary for 2023/24 is now locked in.
Jones, the No. 19 pick out of Texas in last year’s draft, has seen spot minutes in two contests this season, averaging just 3.0 MPG. Richards, the No. 42 pick out of Kentucky in 2020, has had a robust start to his third NBA season. His minutes averages have leapt up from 7.3 in 2021/22 to 21.8, and he is averaging 13.0 PPG and 7.8 RPG for the Hornets, effectively squeezing Jones out of the team’s rotation for now. He’ll still earn a guaranteed $3.05MM in ’23/24.
All NBA clubs have until this coming Monday, October 31, to exercise their team options on players’ rookie scale deals. All of those decisions are listed here.
Damian Lillard Strains Calf, To Be Reevaluated In 1-2 Weeks
4:32pm: According to Shams Charania of The Athletic (Twitter link), Lillard will have his calf injury reevaluated in one-to-two weeks, so it sounds as though he’ll miss Friday’s game against Houston and next Wednesday’s game against Memphis at minimum.
The Blazers put out an official press statement confirming the injury and the timeline reported by Charania.
7:58am: Trail Blazers guard Damian Lillard left Wednesday’s loss to Miami in the third quarter after straining his right calf and didn’t return. However, he doesn’t view the injury as a serious one and didn’t undergo an MRI, according to Aaron Fentress of The Oregonian.
“Honestly, if this was a playoff game, I would have played,” Lillard said, per Jason Quick of The Athletic. “(The calf) would have been tight and uncomfortable, but I would have played. If that gives you any indication of how concerned I am now or would have been … I feel if it would have been on the line, I would have played.”
An iron man for much of his NBA career, Lillard missed more than nine games in a season for the first time in 2021/22 when he underwent abdominal surgery. That experience has altered the way he approaches nagging injuries, especially those that come early in the season, Quick writes.
“My perspective has changed, and I want to be in it for the duration, for the long haul of the season,” Lillard said. “It’s early. We’ve gotten off to a good start, things feel good, and I haven’t felt this good since my second or third year. Everything I did this summer is adding up: I feel fast, I feel strong, I don’t get tired, and I don’t want to lose that. So I have to be patient, and I can’t get ahead of myself.”
Lillard told reporters that he’ll likely end up missing Friday’s game vs. Houston, but it doesn’t sound like he expects his absence to extend much – if at all – beyond that. His absence will give young players like Keon Johnson and Shaedon Sharpe the opportunity to play increased roles for the 4-1 Blazers, as Quick observes.
“We have a lot of guys on this team who are capable,” Lillard said. “Sometimes you don’t play for a little bit and you are on the bench and you don’t know when your time is going to come, and it’s just a lesson to be prepared.”
Wizards’ Delon Wright Out Indefinitely With Strained Hamstring
Wizards guard Delon Wright has been diagnosed with a grade two right hamstring strain and is out indefinitely, the team announced. He will be reevaluated in approximately three weeks.
According to ESPN’s Adrian Wojnarowski (Twitter link), Wright is expected to miss six-to-eight weeks with the injury, which was sustained during the fourth quarter of Tuesday’s victory over Detroit.
As Josh Robbins of The Athletic notes (via Twitter), losing Wright is a tough blow for the Wizards, as he’s been the team’s “most disruptive, most reliable defender” during a 3-1 start. Though four games (22.8 MPG), Wright is averaging 6.5 points, 2.5 rebounds and 3.3 assists along with an eye-popping 2.8 steals and 1.0 block per night.
Aside from re-signing Bradley Beal, Wright was Washington’s primary free agent addition over the summer, inking a two-year, $16MM contract. The 30-year-old combo guard spent last season with the Hawks, but has also played for the Raptors, Grizzlies, Mavericks, Pistons and Kings since being drafted 20th overall in 2015.
On a positive note, second-year wing Corey Kispert (left ankle sprain) is “really close” to making his season debut after being a full participant in Thusday’s practice, head coach Wes Unseld Jr. told reporters (Twitter link via Chase Hughes of NBC Sports Washington). Kispert won’t be available for Friday’s game, but Sunday might be a possibility, per Hughes.
Kispert suffered the injury on October 2 during the team’s preseason trip to Japan and the Wizards said he’d miss four-to-six weeks. Sunday would be exactly four weeks, so it sounds like he’s progressing nicely.
Forbes Releases 2022 NBA Franchise Valuations
For the first time since Forbes began issuing annual valuations of NBA teams over two decades ago, a team other than the Knicks or Lakers ranks atop the publication’s list of 2022’s most valuable franchises.
According to Mike Ozanian and Justin Teitelbaum of Forbes, the Warriors are now considered the NBA’s most valuable club, with a record-setting valuation of $7 billion following a championship season.
Forbes’ duo explains that the Warriors generated more revenue and operating income in 2021/22 than any other team in NBA history, buoyed by $150MM in arena sponsorships and advertising, along with $250MM from premium seating.
While the Warriors enjoyed the biggest bump in value since Forbes’ most recent round of valuations, every other NBA team saw its valuation rise during that time as well, according to Ozanian and Teitelbaum, who say the average franchise is now valued at $2.86 billion. That’s 15% more than a year ago, despite the fact that the stock market is down 15% over the same time period.
Of the NBA’s 30 teams, only one – the Nets – lost money last season, per Forbes’ report, which states that record-setting sponsorship and advertising revenue ($1.35 billion last season) has put the league back on its “pre-Covid growth trajectory.” Further growth is anticipated going forward, with a new television and media deal to be negotiated in the coming years — it will take effect in 2025.
Although Forbes’ figures are just estimates and often don’t quite match up with the sale prices for franchises that change hands, they’re still useful for getting a sense of the league’s most and least valuable teams.
Here’s Forbes’ full list of NBA franchise valuations for 2022:
- Golden State Warriors: $7 billion
- New York Knicks: $6.1 billion
- Los Angeles Lakers: $5.9 billion
- Chicago Bulls: $4.1 billion
- Boston Celtics: $4.0 billion
- Los Angeles Clippers: $3.9 billion
- Brooklyn Nets: $3.5 billion
- Dallas Mavericks: $3.3 billion
- Houston Rockets: $3.2 billion
- Philadelphia 76ers: $3.15 billion
- Toronto Raptors: $3.1 billion
- Miami Heat: $3 billion
- Phoenix Suns: $2.7 billion
- Washington Wizards: $2.5 billion
- Milwaukee Bucks: $2.3 billion
- Portland Trail Blazers: $2.1 billion
- Cleveland Cavaliers: $2.05 billion
- Sacramento Kings: $2.03 billion
- Utah Jazz: $2.025 billion
- San Antonio Spurs: $2 billion
- Atlanta Hawks: $1.975 billion
- Denver Nuggets: $1.93 billion
- Detroit Pistons: $1.9 billion
- Oklahoma City Thunder: $1.875 billion
- Orlando Magic: $1.85 billion
- Indiana Pacers: $1.8 billion
- Charlotte Hornets: $1.7 billion
- Minnesota Timberwolves: $1.67 billion
- Memphis Grizzlies: $1.65 billion
- New Orleans Pelicans: $1.6 billion
Eric Bledsoe To Resume Career In China?
OCTOBER 27: Bledsoe was arrested for misdemeanor domestic violence on Wednesday night in Lost Hills, California, shortly after word broke of his deal with the Shanghai Sharks, according to a TMZ report. It’s unclear whether the Chinese club still intends to move forward with Bledsoe’s deal following his arrest.
OCTOBER 26: Veteran guard Eric Bledsoe will sign with the Shanghai Sharks of the Chinese Basketball Association, according to Emiliano Carchia of Sportando. This will be Bledsoe’s first time playing overseas after 12 years in the NBA.
The 32-year-old began last season as a starter with the Clippers and averaged 9.9 points, 3.4 rebounds and 4.2 assists in 54 games. He was traded to the Trail Blazers in February, but soreness in his left Achilles tendon prevented him from ever playing for Portland. The Blazers waived him in July and stretched the $3.9MM in guaranteed money left on his contract.
After one season at Kentucky, Bledsoe was selected with the 18th pick in the 2010 draft. He appeared in 756 total games with the Clippers, Suns, Bucks and Pelicans.
Bledsoe’s teammates in Shanghai will include former NBA players Michael Beasley and Jamaal Franklin.
Ziaire Williams Out 4-To-6 Weeks With Patellar Tendinitis
Grizzlies forward Ziaire Williams will miss another four-to-six weeks due to soreness in his right knee caused by patellar tendinitis, the team announced (via Twitter).
Williams began experiencing pain in his knee in early October, forcing him to miss the final two games of the preseason and the first four games of the regular season. Memphis had been treating him as a day-to-day situation.
Williams is coming off a strong rookie season that saw him start 31 of the 62 games he played while averaging 8.1 points and 2.1 rebounds in 21.7 minutes per night. The 21-year-old was the 10th pick in the 2021 draft.
The Grizzlies had Williams focus on improving his play-making skills during Summer League, notes Damichael Cole of The Memphis Commercial Appeal. Until Williams returns, rookies Jake LaRavia and David Roddy will continue to receive plenty of wing minutes, Cole adds.
Grant Williams Suspended One Game By NBA
Celtics forward Grant Williams has been suspended for one game without pay for an incident that took place in Monday’s game, the NBA announced today in a press release.
Williams, upset with a pair of foul calls during the fourth quarter on Monday in Chicago, was ejected from the game for bumping a referee (video link). Following his ejection, he aimed some choice language at the officials before heading to the locker room.
In today’s announcement, the NBA indicates that Williams’ suspension is for “recklessly making contact with and directing inappropriate language toward a game official.” As a result of the one-game ban, the forward will miss Friday’s game vs. Cleveland, further depleting a Boston frontcourt that’s already missing Robert Williams and Danilo Gallinari.
In his first four games this season, Grant Williams is averaging a career-high 9.5 points and 4.3 rebounds in 24.8 inutes per contest, with a scorching shooting line of .706/.667/.857.
According to ESPN’s Bobby Marks (via Twitter), Williams will lose $29,698 as a result of the suspension. That’s 1/145th of his 2022/23 salary (approximately $4.3MM). The Celtics will also receive a tax variance credit for $14,849, half the amount of Williams’ lost salary, Marks notes.
Spurs Sign Charles Bassey To Two-Way Deal
1:18pm: The Spurs have officially signed Bassey to a two-way contract, the team announced in a press release. San Antonio waived Hall to open up a spot for the new addition.
12:26pm: The Spurs have agreed to sign free agent big man Charles Bassey to a two-way contract, reports Shams Charania of The Athletic (Twitter link).
The 53rd overall pick in the 2021 draft out of Western Kentucky, Bassey appeared in 23 games for the Sixers as a rookie, averaging 3.0 points and 2.7 rebounds in 7.3 minutes per contest. He thrived when assigned to the G League, averaging 18.9 PPG and 10.3 RPG in 17 regular season games (28.6 MPG) for the Delaware Blue Coats.
Bassey, who played two years of high school basketball in San Antonio, had been under contract in Philadelphia for two more seasons, but his partial guarantee for 2022/23 was only worth about $75K. That made him one of the odd men out when the Sixers had a roster crunch — he was waived at the end of the preseason and become a free agent earlier this month.
In order to sign Bassey to a two-way deal, the Spurs will have to waive one of their current two-way players, Dominick Barlow or Jordan Hall. Both rookies signed with San Antonio this summer after going undrafted in June, with Hall receiving a two-year contract. He’ll likely be the player cut to make room for Bassey, tweets Tom Orsborn of The San Antonio Express-News.
As our two-way contract tracker shows, 59 of the 60 league-wide two-way slots are currently occupied. The Timberwolves are the only team with an opening.
Wolves Have Discussed Extensions With Naz Reid, Jaylen Nowell
The Timberwolves have engaged in talks with big man Naz Reid and swingman Jaylen Nowell about possible contract extensions, reports Shams Charania of The Athletic.
Reid has been a regular part of the Timberwolves’ frontcourt rotation since 2019, averaging 9.5 PPG, 4.2 RPG, and 1.0 BPG on .490/.344/.720 shooting in 179 career contests (17.2 MPG) since making his debut in 2019. Nowell, who joined the team at the same time, has been a fixture on the wing, averaging 8.3 PPG in 122 career appearances (16.0 MPG), including 15.0 PPG through three games this season.
Reid and Nowell are both in the final season of four-year contracts they signed back in 2019. Because they’re on expiring deals, they’ll remain eligible to sign extensions all the way up until June 30, 2023, the day before they become unrestricted free agents.
Veteran extensions for players on minimum-salary contracts like Reid and Nowell can begin at 120% of this season’s estimated average salary. As we noted when the NBA set its salary cap for 2022/23, this season’s estimated average salary is $10,792,000, so 120% of that amount is $12,950,400. Therefore, a maximum four-year extension that includes 8% raises would be worth about $58MM.
It’s unlikely that either Reid or Nowell will get a four-year, $58MM offer from the Timberwolves, but it’s possible they’ll be able to reach a compromise somewhere below that maximum.
It sounds as if Reid is a more likely extension candidate than Nowell, who is expected to opt for unrestricted free agency next summer, sources tell Charania.
Pelicans’ Williamson Injures Hip, Ingram Hurts Head In Loss To Jazz
Oft-injured Pelicans power forward Zion Williamson is injured yet again. New Orleans has announced (via Twitter) that the 6’8″ forward suffered a posterior hip contusion near the end of New Orleans’s 122-121 overtime loss to the Jazz on Sunday.
The severity of the ailment, which could indicate a recovery timeline, has not been revealed as of yet. It’s unclear whether Williamson will be able to play through it. Across his first two games this season, the former first overall pick had been averaging 20.5 PPG, 7.0 RPG, 3.0 APG and 2.5 SPG for the Pelicans.
New Orleans’ other star forward, Brandon Ingram, also departed the contest early after the club determined that he had incurred concussion-like symptoms from a head injury, reports Andrew Lopez of ESPN.
Ingram bumped into Pelicans reserve small forward Naji Marshall while trying to make a steal. Ingram had averaged 28.0 PPG, 8.0 RPG and 6.0 APG through his first two complete contests. He played just 11 minutes against the Jazz before exiting the game.
New Orleans currently sports a 2-1 record on the young 2022/23 NBA season. That said, should either Williamson or Ingram be sidelined for an extended duration, the club may need to lean on shooting guard CJ McCollum for further scoring punch, and could be looking for further minutes from reserves Marshall, Trey Murphy III, and Larry Nance Jr. if it needs to compensate for the absence of Williamson and/or Ingram.
Last year, an upstart Pelicans team pushed the Suns to a hotly-contested six-game first round Western Conference playoff series. With Williamson back in the fold to start the season, the club is hoping to build on that result this year.