Nuggets’ Josh Kroenke: “It’s Championship Or Bust”

In a wide-ranging conversation with the media on Friday following Tim Connelly‘s exit to Minnesota, Nuggets governor Josh Kroenke said he has championship expectations going forward, according to an ESPN report.

We’re entering a new phase of the organization, and with this squad in particular, which is: It’s championship or bust. And this is the first time those words have been uttered around these halls, I think,” Kroenke said.

We have a two-time MVP, we have two more All-Star-caliber players coming off injuries,” Kroenke said, referring to Nikola Jokic, Michael Porter Jr. and Jamal Murray. “And I think that we are poised in a way that perhaps this organization hasn’t been in the past.

And that excites me. But that brings a lot of pressure. We’re no longer the underdog that’s kind of the lovable guys that are bouncing along from Denver, Colorado. I think that when we get healthy and show what we’re capable of, we will have a target on our back.”

Kroenke said he doesn’t regret signing Porter to a five-year, $172MM contract extension last summer, despite him only playing nine games in 2021/22.

I’d say we’re concerned about his injuries, not concerned about the contract,” Kroenke said, per ESPN.

He also said the team was prepared to pay the luxury tax, as Mike Singer of The Denver Post relays.

Yeah, I mean, I think that you know, first of all, my dad (Stan Kroenke) is the owner. I’m just making sure I don’t screw everything up on a day-to-day basis. … If you’ve drafted well, you better be ready to pay that tax, and we’re ready to pay that tax,” Kroenke said.

Here’s more from Kroenke’s press conference:

  • Kroenke endorsed GM Calvin Booth to replace Connelly as the top basketball decision-maker going forward. “I’ve always thought very highly of Calvin, I think he’s going to do a wonderful job for us,” Kroenke said, per Singer. “… He’s got a great mind and I think he’s open to suggestions but he showed me that he can make ruthless decisions when he needs to.”
  • The team sent out a tweet to leave no doubt about who will be in charge of the front office. “At the top of the org chart, it’s going to be Calvin Booth,” Kroenke said.
  • Multiple sources told Singer that Booth doesn’t have much “contractual security” as he transitions to the lead basketball executive, so Kroenke was asked if he was committed to Booth long-term. Kroenke suggested an extension could be coming soon. “Calvin and I are going to be sitting down, our whole front office and I will be sitting down in the very near future,” he said. “… We’re all talking and I think those guys know where they sit, and we’ll have some more announcements and some more information coming in the very near future.”
  • Kroenke said he regretted giving Connelly an opt-out clause after three years when the Nuggets gave him a contract extension in 2019, according to Singer. “I put that in his contract never anticipating that he would opt out and go to another NBA team and that’s what happened,” he said. “There was an option in his contract, he chose to exercise that option. And there was a major offer out there for him.”
  • Kroenke reiterated that the Nuggets made Connelly a competitive offer to stay in Denver, and said Minnesota’s offer was definitely unwelcome from his perspective. “Tim was under contract, the offer kind of came in through the side door, as they always seem to do in the NBA,” he said, per ESPN. “And so once those type of numbers start getting thrown around and get into someone’s head, it becomes very difficult to contain. I felt that we made a very competitive offer that would have allowed him to feel good about staying in Denver, and ultimately he felt that some of the upside there on the back end through some of the bonus schemes were probably too good to pass up for his family.” As Singer writes, Kroenke also twice characterized a team willing to pay significant money to poach a rival executive as “desperate.”
  • A new practice facility could be in store for Denver, says Kroenke, but Singer notes that the team’s governor made a similar statement five years ago and there’s been essentially no progress since.

Timberwolves To Hire Matt Lloyd Away From Magic

The Timberwolves are finalizing a deal with Magic executive Matt Lloyd that will make him the senior vice president of basketball operations in Minnesota, sources tell ESPN’s Adrian Wojnarowski (Twitter link).

Lloyd, who had been the VP of basketball operations in Orlando, will be the first major hire for new Timberwolves president of basketball operations Tim Connelly.

Lloyd began his basketball executive career with the Bulls, earning a full-time role in 1999 and spending 13 years with the organization, eventually receiving a promotion to director of college scouting. He was hired as an assistant general manager by the Magic in 2012 and was responsible for overseeing the team’s professional, college, and international scouting departments. He briefly served as interim GM in 2017 between the dismissal of Rob Hennigan and the hiring of Jeff Weltman.

According to Wojnarowski (Twitter link), Lloyd is highly regarded around the NBA for his “tenacity and connections on the scouting trail and relationships with teams and agents in deal-making.” He’ll join an increasingly impressive Timberwolves front office that also still features high-ranking veteran executive Sachin Gupta, who was Minnesota’s interim head of basketball operations for the 2021/22 season.

Jake Fischer of Bleacher Report first said last week that Lloyd was a potential target for Connelly and the Wolves.

Kenny Atkinson Frontrunner For Hornets’ Coaching Job

Kenny Atkinson is the frontrunner to land the Hornets‘ head coaching job, according to Shams Charania and Sam Amick of The Athletic, who report that the Warriors assistant will soon have another meeting with Hornets team officials. It’ll be Atkinson’s third meeting with Charlotte and the first one with team owner Michael Jordan in attendance, per The Athletic’s duo.

Mike D’Antoni and Terry Stotts are among the other candidates still in play for the Hornets’ head coaching vacancy, though neither of them has been invited to meet with Jordan so far, sources tell The Athletic. It’s possible that could change in the coming days.

Jake Fischer of Bleacher Report stated earlier this week that Atkinson and D’Antoni are among Charlotte’s finalists to replace James Borrego, noting at the time that Atkinson’s candidacy had gained momentum in recent weeks but D’Antoni was still believed to be favored by Jordan. Marc Stein reported today that he continues to hear the Hornets are likely to choose between Atkinson and D’Antoni.

The Hornets believe they’re on the verge of being a playoff team and want a head coach who will help the club take the next step, as well as providing “development and defensive structure” for key players like LaMelo Ball and Miles Bridges, per Charania and Amick.

Hornets president of basketball operations Mitch Kupchak has led the team’s head coaching search after recently signing a two-year contract extension. That deal features a trigger allowing him to transition to a consulting role if and when he wants to do so, sources tell The Athletic.

The Warriors have already lost one key member of Steve Kerr‘s staff this spring, as Mike Brown agreed to become the new head coach in Sacramento. If Atkinson departs for Charlotte, Golden State will be down a pair of top assistants.

Lakers Hire Darvin Ham As Head Coach

JUNE 3: The Lakers have officially hired Ham as their head coach, the team announced today in a press release.

“When someone begins his NBA coaching career at the G League level and goes all the way through playing an integral role on the front bench of an NBA Championship team, it really speaks to a certain strength of character,” Lakers head of basketball operations Rob Pelinka said in a statement. “Our players and fans will immediately identify with Darvin’s no-nonsense and hard-working approach, which we feel will bring toughness and a competitive edge to all we do.

“When you add that to Darvin’s sophisticated grasp of in-game strategy and deep knowledge of the game of basketball, we have the ideal coach for this next chapter in Lakers history. We could not be more honored and proud to name Darvin Ham as our new head coach.”


MAY 27: The Lakers are hiring Bucks assistant Darvin Ham to be their new head coach, sources tell Adrian Wojnarowski of ESPN (Twitter link).

The first-time head coach will receive a four-year contract, tweets Shams Charania of The Athletic.

According to Wojnarowski, Ham interviewed for the vacancy on Thursday and was offered the job on Friday. He impressed the Lakers’ brass with his “commanding presence, history of coaching stars and toughness.” Ham’s coaching staff is likely to include assistants with prior head coaching experience, Woj adds (Twitter links).

Charania and Sam Amick of The Athletic reported a week ago that Ham was considered the leading candidate for the position. He’ll replace Frank Vogel, who was fired at the end of the team’s disappointing season.

Ham started his NBA career as a player, appearing in 417 games from 1996-2005 and winning a championship as a bit player for the Pistons in 2004.

The 48-year-old has ties to the Lakers organization, as his first role as an NBA assistant coach came with L.A. from 2011-13. Ham has spent the last nine seasons working under head coach Mike Budenholzer in Atlanta and Milwaukee, winning a title with the Bucks last season.

Ham has received consideration from multiple teams with head coaching openings in recent years and interviewed with the Kings before they hired Mike Brown earlier this month. He was also said to be a “serious candidate” for the Hornets’ vacancy.

Lakers star LeBron James sent out a tweet expressing excitement and congratulating Ham on receiving the job.

Warriors assistant Kenny Atkinson and former Trail Blazers coach Terry Stotts were the other finalists for L.A.’s vacancy. Both have reportedly interviewed for Charlotte’s lead job as well.

Although the Lakers won a title just two seasons ago, they’ve struggled since, having been eliminated in the first round of the playoffs in 2020/21 and finishing with a 33-49 record this past season, which was 11th in the West and outside of the play-in tournament. Injuries to James and Anthony Davis have certainly played a factor in the downturn, but Ham will have his hands full working with a top-heavy roster that includes Russell Westbrook, who struggled mightily in his first season in Los Angeles.

Lance Stephenson Underwent Knee Surgery After Season

Pacers wing Lance Stephenson underwent surgery on his right knee in Chicago sometime after the team’s season ended in April, league sources tell Scott Agness of Fieldhouse Files. According to Agness, the procedure removed “a few loose particles” from the knee.

Stephenson’s exact recovery timeline is unclear, but he’s already back on the floor taking shots, Agness says, so it sounds like the veteran should be ready to go by the time training camp rolls around in the fall, barring any setbacks.

Following a 10-day stint with Atlanta in December, Stephenson signed a series of 10-day contracts with Indiana in January, then finalized a rest-of-season deal with the club in February. The 31-year-old appeared in a total of 40 games for Indiana, averaging 9.3 PPG, 3.9 APG, and 2.8 RPG on .458/.310/.795 shooting in 18.6 minutes per contest.

Stephenson will be an unrestricted free agent this offseason, but he and the Pacers have mutual interest in a new deal, sources tell Agness. The former second-round pick has had three separate stints with the Pacers and has become a fan favorite over the years in Indiana. A report in April suggested he’d like to spend the rest of his career with the team.

Wizards Have Interest In Shane Larkin

Veteran point guard Shane Larkin is drawing serious interest from the Wizards, according to Donatas Urbonas of BasketNews.com.

A first-round pick out of Miami in 2013, Larkin spent his first three professional seasons in the NBA with Dallas, New York, and Brooklyn, then played for Baskonia in Spain for a year before returning stateside and joining the Celtics for the 2017/18 season. After playing a minor role in Boston, Larkin headed back overseas and has spent the last several years in Turkey playing for Anadolu Efes.

Although he was primarily a reserve in the NBA, starting 41 of his 256 regular season games, Larkin has emerged as a star in Europe. The 29-year-old made the All-EuroLeague Second Team in 2021 and the All-EuroLeague First Team in 2022 and won consecutive EuroLeague titles. He ranked in the league’s top five this season in points (14.7), assists (5.3), and three-pointers (2.4) per game.

According to Urbonas, Larkin’s current team – Anadolu Efes – is making an effort to retain him and is offering a salary similar to what he has made in each of the last two seasons. Sources tell BasketNews that’s around €3.2MM, which currently converts to about $3.43MM.

Larkin said in 2020 that he wouldn’t return to the NBA to be a team’s third point guard, and spoke more recently about being happy to remain overseas and play a starring role in front of passionate European fans. So if the Wizards are serious about signing him, the salary and the role they offer will have to reflect that.

Washington is in the market for help at point guard after last summer’s acquisition of Spencer Dinwiddie didn’t work out. Ish Smith, who has a non-guaranteed $4.7MM salary for 2022/23, is the only point guard currently under contract with the Wizards.

Larkin’s backcourt partner in Istanbul, Vasilije Micic, is also reportedly considering a move to the NBA.

Porter, Iguodala, Payton, Williams Will Suit Up For Game 1

Otto Porter Jr., Andre Iguodala and Gary Payton II will all suit up for Game 1 of the NBA Finals tonight, Warriors coach Steve Kerr told ESPN’s Tim Bontemps (Twitter link) and other media members.

Reports had indicated that Payton was on track to return for the Finals but that statuses of Porter and Iguodala were more uncertain.

Payton has been sidelined since May 3 after suffering a fractured left elbow in Game 2 of the Warriors’ second-round series against Memphis.

Iguodala hasn’t played since Game 4 of Golden State’s first-round matchup with Denver on April 24 due to a left cervical disc injury in his neck. Porter has been nursing a sore left foot since Game 3 of the Western Conference Finals. All three players were listed as questionable after going through contact at practice on Wednesday.

The Celtics will have starting center Robert Williams in the lineup, Gary Washburn of the Boston Globe tweets. Also listed as questionable, Williams played only 15 minutes in Boston’s Game 7 win over Miami. He missed Game 3 of the series due to soreness in his surgically-repaired knee.

Phil Knight, Alan Smolinisky Trying To Buy Trail Blazers

5:14pm: The Blazers confirmed in a statement that Knight made an offer but said the team is not for sale, Wojnarowski tweets.

Knight and Smolinisky have been engaging on the purchase bid with the Paul Allen Trust and league office, as have other prospective groups. Despite the Blazers’ statement, Knight and Smolinisky are expected to continue their pursuit, Wojnarowski adds in another tweet.


2:18 pm: Nike co-founder Phil Knight and Dodgers co-owner Alan Smolinisky are attempting to purchase the Trail Blazers with a $2 billion-plus written offer, sources tell ESPN’s Adrian Wojnarowski (Twitter link). Talks about the possible transaction are still ongoing, Woj reports.

Knight’s presence in the proposed ownership group “speaks to its desire to keep the Blazers in Portland,” says Woj (via Twitter). Knight, 84, is a Portland native and one of the wealthiest people in the world at $47.4 billion, according to Forbes.

Smolinisky, 42, is a real estate investor who also owns the Palisadian-Post newspaper. He joined the ownership group that purchased the Dodgers in 2019, according to an MLB.com press release.

After longtime Blazers owner Paul Allen passed away in October of 2018, his trust went to his sister, Jody Allen, who’s the current controlling owner of the team. There were whispers and speculation during the 2021/22 season that Allen might put the Blazers up for sale at some point in the near future.

After Portland’s season ended in April, multiple sources suggested to Jake Fischer of Bleacher Report that the Blazers could begin exploring the market for new ownership as early as this summer. Some league insiders believe a sale of the franchise could be completed before the end of 2023, per Fischer.

The Blazers have an important summer ahead after a disappointing season saw them finish 27-55, but nothing will be more important than a potential change in ownership. Portland controls the Nos. 7, 36, and 59 picks in the upcoming draft, and the front office, led by GM Joe Cronin, will have to decide the best pathway to become a championship contender with franchise player Damian Lillard.

Knicks Hiring Rick Brunson As Assistant Coach

Rick Brunson is finalizing a deal to become an assistant coach with the Knicks, reports Ian Begley of SNY.tv. Brunson was formerly an assistant under Tom Thibodeau in Chicago and Minnesota, and has deep ties to the Knicks’ head coach, as Begley notes.

Brunson is the father of Mavericks guard Jalen Brunson, whom the Knicks have reportedly expressed interest in. He’ll be an unrestricted free agent this summer, but the Mavs have repeatedly expressed optimism about re-signing him.

The elder Brunson played nine seasons in the NBA (from 1997-2006), and holds a total of seven seasons worth of experience as an assistant coach, with a couple of other stops in Denver and Charlotte. Brunson was also one of Leon Rose‘s first clients when he was an agent — Rose is now the president of the Knicks.

In 2018, Brunson resigned as an assistant for the Timberwolves after allegations of improper conduct toward women, per Jon Krawczynski of The Athletic.

We work to maintain high standards of conduct and expect our staff to lead by example. We did not believe Mr. Brunson’s conduct was consistent with those standards,” the team said, as part of a larger statement. Brunson and his lawyer denied any wrongdoing.

The 49-year-old has served as the head coach of Camden High School for the past three years, winning a New Jersey state championship in 2022. He’s known as a player development guru and will likely work regularly with the young players on New York’s roster.

Warriors’ Gary Payton II “On Track” For Game 1 Return

Warriors defensive ace Gary Payton II is “on track” to return to action for Game 1 of the Finals against Boston on Thursday night, sources tell Shams Charania and Anthony Slater of The Athletic (Twitter link).

Slater cautions (via Twitter) that Payton might not return to the rotation immediately, but his availability gives coach Steve Kerr another option to utilize going forward. Slater adds that “there’s optimism” Andre Iguodala and Otto Porter Jr. will be available for Game 1 as well.

Payton has been sidelined since May 3 after suffering a fractured left elbow in Game 2 of the Warriors’ second-round series against Memphis. Reports surfaced that he’d miss approximately three-to-five weeks at the time, and last Friday Charania and Slater said Payton was expected to be available for the Finals, possibly as soon as Game 1.

Iguodala, the 2014/15 Finals MVP, has been out even longer, last playing in Game 4 of Golden State’s first-round matchup with Denver on April 24 due to a left cervical disc injury (neck). The 38-year-old veteran was limited to 31 regular season games this season while dealing with a variety of ailments.

Porter’s left foot soreness is more recent, popping up during Game 3 of the Western Conference Finals against Dallas on May 22. All three players were listed as questionable after going through contact at practice yesterday.

The Warriors’ depth has shone throughout the playoffs, with all 14 players (minus injured center James Wiseman) receiving minutes this postseason, so potentially having a (nearly) full complement of players will be huge boon as Golden State attempts to win its fourth title in the past eight years.

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