Southeast Notes: Butler, Banchero, Coulibaly, Sarr, Wong, Miller
Jimmy Butler was in the spotlight quite a bit on Thursday, but he won’t be on the court tonight when the Heat play in Orlando. He’s listed as out due to return to competition reconditioning, Anthony Chiang of the Miami Herald tweets. Butler is expected to rejoin the team on Friday when it prepares for Saturday’s road game against the Hawks.
Heat president of basketball operations Pat Riley issued a statement on Thursday declaring that he won’t trade Butler. There has been heavy speculation regarding the future of Butler, who holds a $52.4MM option on his contract for the 2025/26 season.
We have more from the Southeast Division:
- Magic star Paolo Banchero continues to ramp up his on-court work, Jason Beede of the Orlando Sentinel reports. Banchero has been sidelined eight weeks since he was diagnosed with a torn right abdominal muscle. However, he still hasn’t gone through a contact practice, so his timeline to return remains unclear.
- Bilal Coulibaly and Alex Sarr are available to play for the Wizards tonight against Charlotte, Varun Shankar of the Washington Post tweets. Both players sat out Monday’s loss to the Thunder.
- 2023 second-rounder Isaiah Wong is averaging 7.0 points, 2.7 rebounds and 2.3 assists in seven December games. Roderick Boone of the Charlotte Observer explores whether the Hornets may have found a diamond in the rough in Wong, who was signed to a two-way deal earlier this month.
- Hornets forward Brandon Miller is back in action tonight after missing the last three games due to an ankle injury, Boone tweets.
Magic Notes: Comebacks, Anthony, Queen, M. Wagner, Banchero
On Saturday vs. Miami, the Magic were playing without their top three scorers (Paolo Banchero, Franz Wagner and Jalen Suggs, the latter of whom returned on Monday following a one-game absence with a right ankle sprain). A rotation regular, Gary Harris, missed another game as he continues to deal with a hamstring strain.
Their fourth-leading scorer, Moritz Wagner, suffered a torn left ACL in the first quarter. And big man Wendell Carter was ejected in the second quarter after a pair of technical fouls.
As Josh Robbins of The Athletic writes, Orlando trailed by 22 points entering the fourth quarter, then proceeded to outscore the Heat 37-8 in the final frame, completing one of the biggest comebacks in NBA history. According to Tim Reynolds of The Associated Press (Twitter link), it had been five years since a team had lost when leading by at least 22 points entering the final period.
“You can’t really explain that,” head coach Jamahl Mosley said. “That’s something I haven’t seen. I have not seen that ever in my years in the league: the ability to stay with it despite all of the circumstances that started in the beginning of the game.”
Backup guard Cole Anthony, who has struggled to find a rhythm for much of the season (entering Monday, he’s averaging a career-low 11.7 minutes per game), erupted for season highs of 35 points (27 in the second half), eight rebounds and nine assists, with Orlando outscoring Miami by 17 points in his 28 minutes on the court. The 24-year-old was emotional during his post-game interview, as he’s been frustrated by his performances but loves playing for the Magic. A close-knit group, three of his teammates were waiting to congratulate him after the game, per Robbins.
“Just to feel that same love back and know I’m always going to get that same love, it’s something that I don’t think is appreciated as much, especially around the league,” Anthony said later. “You don’t get this many good people in one organization. You don’t get this many high-character people in one organization. So, I’m just blessed to be a part of this.”
Here’s more on the Magic:
- They followed up their impressive comeback against Miami with another come-from-behind victory on Monday against the reigning champion Celtics, writes Jason Beede of The Orlando Sentinel. According to the team’s PR department (Twitter link), it was the first time Orlando has registered comebacks of at least 15 points in consecutive games since Feb. 7-9, 2014. Trevelin Queen, who provided a major energy boost vs. Miami, started the first game of his career on Monday and tied a career-high with 17 points, Beede notes, while first-rounder Tristan Da Silva notched a team-high 18 points, including a clutch three-pointer late to seal the victory. Carter moved to the bench so the Magic would have more size in the absence of Moe Wagner, Beede adds.
- Moe Wagner was understandably upset that he’ll miss the rest of the season with a major knee injury, but also said he was “overwhelmed” by the outpouring of support he’s received throughout the organization, according to Robbins. “(Keeping an even keel is) part of what (I) try to ask our guys to do in those moments, but the reality is we’re all human beings, and it broke me a little bit,” Mosley said Monday. “I teared up as I watched Moe go down because you watched the work that he’s put in, you watched the tear he was on. I mean, he was in the running probably, in my mind, for Sixth Man of the Year, (with) the energy that he brings to this team, the toughness he brings to this team. It shook me a little bit.”
- Banchero continues to recover from a torn oblique he sustained on Oct. 30, the same injury Franz Wagner suffered on Dec. 6. The former No. 1 overall pick was doing some light shooting and ball-handling work prior to Saturday’s game, and Suggs says he’s eager to have the 22-year-old back in the lineup. “Just having his presence back amongst us is going to be amazing,” Suggs said, per Beede. “He’s used his voice throughout the time he’s been out. I know it’s been hard for him. It always is when you’re not playing to speak up at times and things like that. But to see how mentally locked in he’s been throughout this process, it’s been really cool.”
Magic’s Moritz Wagner Tears ACL, Will Miss Rest Of Season
Reserve Magic center Moritz Wagner has been diagnosed with a torn ACL in his left knee and will miss the rest of his club’s 2024/25 season, sources inform Shams Charania of ESPN.
The Michigan alum departed the club’s eventual comeback victory against the Heat on Saturday after injuring the knee. There was immediate concern among Magic players and head coach Jamahl Mosley that the injury was significant.
Across what will wind up being his only 30 games of the season, Wagner averaged a career-best 12.9 points on .562/.360/.718 shooting splits, along with 4.9 rebounds, 1.4 assists and 0.8 steals per night.
Losing the 27-year-old frontcourt standout is another early-season blow for the rising Magic. Orlando is 18-12 on the year despite currently being without both of its top two players, All-Star forward Paolo Banchero and forward Franz Wagner, Moritz’s younger brother. Unlike Moritz, however, Franz and Banchero are expected to return this season from their right oblique tears.
This injury now casts some uncertainty on Moritz Wagner’s long-term future with the club. The veteran big man inked a two-year, $22MM contract with the club as a free agent this past summer, but his $11MM salary for 2025/26 is a team option.
Given that it often takes players a full calendar year – or more – to recover from ACL tears, Wagner’s availability for the start of next season is up in the air, so the Magic may be reluctant to bring him back at that $11MM price point — declining the option and re-signing him to a more team-friendly deal could be one option Orlando considers.
The Magic have the ability to apply for a disabled player exception as a result of Wagner’s injury. It would be worth $5.5MM and would allow the team to acquire a player on an expiring contract via trade or waiver claim or to sign a free agent to a rest-of-season deal.
Moritz Wagner Leaves Game With Knee Injury, Will Be Evaluated Sunday
Magic center Moritz Wagner will likely undergo medical imaging on his left knee on Sunday after leaving tonight’s game with a potentially serious injury, according to Jason Beede of The Orlando Sentinel.
Wagner took an awkward fall less than two minutes into the first quarter, Beede writes, and needed assistance from Jonathan Isaac and Jalen Suggs to walk off the court. The team later issued a statement saying that he wouldn’t return to the game and will undergo further evaluation.
Orlando coach Jamahl Mosley hinted at the concern over the injury when he requested that reporters not ask about it during his post-game press conference, Beede tweets.
“Before you start asking me questions, Moe did what he did to his left knee,” Mosley said. “And so, he’ll be reevaluated tomorrow. So I’m going to ask that we don’t ask any more questions about that because that is a little touchy subject right now for us, for him. And I want to be able to control my emotions because of how much we care about these young men and what they’re going through. We can do another discussion about it another day, please.”
It would be a devastating blow to lose Wagner, who has helped the Magic stay afloat amid long-term injuries to his brother Franz Wagner and Paolo Banchero. Moritz is averaging career highs of 13.3 points and 5.1 rebounds through 29 games, and he posted 32 points last Sunday against New York.
Orlando has managed to remain competitive without its two best players, sitting in fourth place in the East at 18-12. That resiliency was on display tonight as they overcame Wagner’s early injury and the ejection of Wendell Carter Jr. in rallying to beat Miami after trailing by 22 points entering the fourth quarter.
Meeting with reporters, Goga Bitadze and Cole Anthony both dedicated the comeback to Wagner, Beede adds (Twitter link).
“It was for Moe,” Bitadze said. “We’re all praying for Moe.”
Southeast Notes: Joseph, Daniels, Wizards, Hornets
Well-traveled Magic veteran guard Cory Joseph is becoming a valuable locker room presence for a rising young Orlando squad in his first season with the team, writes Jason Beede of The Orlando Sentinel.
“The league’s getting younger and they keep me young, too,” Joseph said of his Magic teammates. “It continues to change and you have to continue to adapt. I’m asking a lot of questions as well, trying to learn from them.”
Rookie forward Tristan Da Silva, the No. 18 pick in this summer’s draft, sang the point guard’s praises.
“He’s a great leader for this team, even though he’s not on the court as much,” Da Silva said. “He still has a huge impact on this team.”
There’s more out of the Southeast Division:
- New Hawks guard Dyson Daniels‘s goal is to improve his shooting mechanics and increase his three-point output this season, per Lauren Williams of The Atlanta Journal-Constitution. Williams notes Daniels has made 30.8% of his 3.4 three-point tries per game overall this season, but also enjoyed a more consistent run between November 18-29, when he nailed 42.9% of 3.5 attempts per game.
- Washington, D.C.’s Capital One Arena, home to both the Wizards and the NHL’s Capitals, has gotten the green light for a $515MM renovation, ensuring that both clubs will stick around for the long-term, writes David Aldridge of The Athletic.
- Following a Thursday loss to lowly Washington, the Hornets have now dropped nine of their last 10 contests and fallen to a 7-20 record on the year. Rod Boone of The Charlotte Observer wonders how, or if, Charlotte will be able to right the ship this year, even in a less competitive Eastern Conference — three East play-in teams have records below .500, but Charlotte is 4.5 games back of the No. 10 seed. The Hornets’ “core four” of All-Star point guard LaMelo Ball, forwards Brandon Miller and Miles Bridges, and center Mark Williams has rarely been able to stay on the court together thus far this season.
Injury Notes: Strus, Embiid, Suggs, Booker, Nets
Cavaliers wing Max Strus, who initially hoped to make his season debut last Friday, is being listed as questionable for tonight’s Central Division showdown with the Bucks and has a chance to suit up for the first time this season, writes Chris Fedor of Cleveland.com.
Strus sustained a hip contusion early in the preseason and was nearing a return from that injury when he sprained his right ankle during an individual workout just days before the season opener. He has been recovering from that sprain for the last two months.
“Nine weeks is a very long time,” Strus said on Thursday. “It’s been hard. There’s been definitely dark days. But this is the best team. Best vibes ever been around. These guys have made it easy and kept me involved and kept me around and made sure to reach out at times when I needed it. I’m itching to get back.”
As Fedor writes, Strus’ impending return is coming at a good time, given that the player who replaced him at small forward in the starting five – Isaac Okoro – is now sidelined with an injury of his own. Strus will be on a minutes restriction upon returning, so he may not reclaim his starting role right away, Fedor writes, but there’s excitement within the organization about how he’ll fit in head coach Kenny Atkinson‘s offense.
“It’s been fun to watch from the outside, but also frustrating that I haven’t been able to be a part of it. Hopefully sometime soon I could join the party,” Strus said. “The way we’ve played offense and scored the ball, it’s kind of everything I’ve wanted to do since I’ve been here. We struggled with that last year.”
Here are a few more injury notes from around the NBA:
- Sixers star Joel Embiid (sinus fracture) practiced on Wednesday and Thursday and is considered questionable to play on Friday vs. Charlotte, tweets Tim Bontemps of ESPN. The 76ers announced on Monday that Embiid would be reevaluated in one week, but it sounds like he has a good chance to return to the court before that one-week evaluation date.
- Magic guard Jalen Suggs sustained an ankle injury on Thursday vs. Oklahoma City, as Jason Beede of The Orlando Sentinel tweets. Suggs injured the ankle late in the first half and started the third quarter, but was pulled after less than four minutes and didn’t play the rest of the night. “As he comes out in the second (half) I just saw there wasn’t a high pace,” head coach Jamahl Mosley explained. “I mean, there were moments of it but I just want to make sure he’s going to be OK for the long haul.” Orlando is already playing without forwards Paolo Banchero and Franz Wagner, so the team will be hoping Suggs doesn’t have to miss much – if any – time.
[UPDATE: Suggs has been listed as probable to play on Saturday vs. Miami, per Beede.] - Suns guard Devin Booker exited Thursday’s game vs. Indiana in the third quarter with left groin tightness and didn’t return, writes Duane Rankin of The Arizona Republic. Booker’s status for Saturday’s game vs. Detroit remains unclear.
- Nets guards Cam Thomas (left hamstring strain) and Ziaire Williams (left knee sprain) are making progress in their respective recoveries but aren’t yet cleared for contact, according to head coach Jordi Fernandez (story via Bridget Reilly of The New York Post). “They’ve been able to shoot, and that’s all they’re doing right now,” Fernandez said. “It’s step by step.” Meanwhile, Nets forward Trendon Watford was out for Thursday’s game due to left hamstring soreness — Watford missed the first 13 games of the season due to a left hamstring strain.
Southeast Notes: Heat Picks, Jovic, Banchero, Harris, Valanciunas
The Heat have just one first-round pick available to trade unconditionally, with two others having been traded away to acquire Jimmy Butler and Terry Rozier, Anthony Chiang of the Miami Herald writes. The only picks Miami can trade unconditionally are their 2030 or 2031 picks, but not both due to the Stepien Rule.
This complicates matters for the Heat as they approach what could be an eventful deadline, given Butler’s uncertain future with the team. The Heat don’t generally look to trade stars for draft picks, but acquiring win-now players in a deal that sends Butler away might be more difficult without many tradable picks.
Draft picks matter in the trade landscape that saw the Knicks surrender five first-rounders for Mikal Bridges this year and the Timberwolves give up four in exchange for Rudy Gobert in 2022. The Heat could, of course, recoup picks in a potential Butler trade, but Miami hasn’t traded a player for a pick (without giving one up) since 2009.
We have more from the Southeast Division:
- Heat forward Nikola Jovic sprained his ankle after rejoining the rotation on Dec. 12 and was sidelined for Monday’s game against Detroit. However, as Chiang writes in another story, it doesn’t appear Jovic will miss much time with the injury, as he’s listed as questionable for Friday’s game against the Thunder.
- Magic star Paolo Banchero has missed 23 games with a torn abdominal muscle and he’s continuing to progress, but hasn’t yet been able to participate in contact drills thus far, Jason Beede of the Orlando Sentinel writes. “His spirits have been great,” Magic coach Jamahl Mosley said. “He understands that it is a process, and does he want to be on the court? Absolutely. … He’s done a great job of responding [to] that, to staying engaged, to communicating, being in and communicating in film sessions, all of those little things that he’s able to do, that he can control, he’s doing a great job of it.” According to Beede, Banchero has been able to do ball-handling and jogging at his own pace.
- After being upgraded to questionable for Thursday’s game against the Thunder earlier today, Magic guard Gary Harris ended up missing the matchup, Beede writes in the same story. However, Harris’ return to the floor appears imminent. He hasn’t played since November 25 and is averaging 4.1 points per game in 17 outings this season.
- The Wizards‘ front office continues to emphasize its primary goal of player development this season. That includes playing rookies heavy minutes while some veterans are coming off the bench. However, the Wizards were upfront with center Jonas Valanciunas this summer about their plans before he agreed to a three-year contract with the team, according to The Washington Post’s Varun Shankar. “I know what’s going on. I know we have a bright future in front of us, so we got to keep following the plan, keep working, keep grinding, keep getting better,” Valanciunas said. “I’m [an] older guy, but in this environment I got to be young.” According to Shankar, other veterans like Marvin Bagley III are also on board with the plan.
Antetokounmpo Headlines All-Tournament Team For NBA Cup
The NBA announced the All-Tournament Team for the NBA Cup on Thursday, with Giannis Antetokounmpo headlining the five-player group (Twitter link). The Bucks superstar was named tournament MVP after Milwaukee defeated Oklahoma City in Tuesday’s final.
Here’s the full team, along with the amount of votes each player received (in parentheses) from a group of 20 media members:
- Antetokounmpo, Bucks (20)
- Shai Gilgeous-Alexander, Thunder (20)
- Damian Lillard, Bucks (19)
- Trae Young, Hawks (12)
- Alperen Sengun, Rockets (6)
All five players advanced to at least the semifinals of the league’s second in-season tournament. Antetokounmpo and Gilgeous-Alexander were unanimous selections, while Lillard fell one vote shy.
According to the full voting results, Thunder big man Isaiah Hartenstein (5), Magic forward Franz Wagner (5), Hawks forward Jalen Johnson (4) and Thunder forward Jalen Williams (3) narrowly missed out on making the team. Six other players received one vote apiece.
The voting for the team is based on each player’s performance over the entire NBA Cup, including group play and the knockout round games. The Bucks went undefeated (7-0) to claim the trophy.
Injury Notes: Doncic, Mavs, Barnes, Poeltl, Beal, Wizards, Harris
Luka Doncic (left heel contusion) has been ruled out for the Mavericks‘ game vs. the Clippers on Thursday, while Kyrie Irving (right shoulder soreness) is questionable to play, writes Grant Afseth of Dallas Hoops Journal (Substack link).
There was some good news on the injury front for Dallas, however, as neither Naji Marshall nor Maxi Kleber is on the injury report for Thursday’s game. Marshall has missed five of the Mavs’ past six games while battling an illness; Kleber was unavailable for the past three due to an illness and a rib injury.
- Raptors forward Scottie Barnes was originally expected to miss “several weeks” due to an ankle sprain, but just 10 days after sustaining that injury, he has been upgraded to questionable for Thursday’s game against Brooklyn after fully participating in Wednesday’s practice (Twitter links via Josh Lewenberg of TSN.ca). “I’m so happy that it wasn’t as serious as I thought it was going to be,” Barnes said. In other Raptors injury news, starting center Jakob Poeltl is considered day-to-day with a bilateral groin strain and will miss Thursday’s contest.
- After missing the Suns‘ past two games with swelling in his right knee, star guard Bradley Beal “did everything” in practice on Wednesday and the team is “hopeful” he’ll be able to play Thursday against Indiana, according to head coach Mike Budenholzer (story via Duane Rankin of The Arizona Republic). Beal has been listed as probable to suit up.
- Wizards guards Malcolm Brogdon, Kyshawn George, and Corey Kispert aren’t on the injury report for Thursday’s game vs. Charlotte and should be available to play, tweets Josh Robbins of The Athletic. Brogdon has been out since December 5 due to a hamstring strain, while both George and Kispert have been recovering from left ankle sprains since Dec. 3.
- Magic guard Gary Harris, who has been unavailable since November 25 due to a left hamstring strain, has been upgraded to questionable for Thursday’s game vs. Oklahoma City, notes Jason Beede of The Orlando Sentinel (Twitter link). Harris has been averaging 17.2 minutes per game in his first 16 outings of the season before suffering that injury in his 17th appearance.
Warriors Remain Atop 2024 NBA Franchise Valuations
The Warriors remain the NBA’s most valuable team, according to Kurt Badenhausen of Sportico, who unveiled the website’s updated NBA franchise valuations for 2024 on Wednesday.
Badenhausen projects the Warriors’ value at $9.14 billion, making them one of three teams to surpass the $8 billion mark this year. The Knicks have a projected worth of $8.3 billion, while the Lakers come in at $8.07 billion, per Sportico. Only the NFL’s Dallas Cowboys – at $10.3 billion – have a higher valuation than Golden State among North American sports teams, says Badenhausen.
While Sportico’s figures suggest the Warriors, Knicks, and Lakers are worth significantly more than the fourth-place team (the Nets at $5.7 billion), the average value of an NBA franchise is up to $4.6 billion, with no team worth less than $3 billion.
That average has increased by 15% since Sportico released its 2023 valuations last December and has nearly doubled since the site published its first NBA franchise valuations four years ago, when the average was $2.37 billion.
The NBA’s new $77 billion media rights deal and a 15% increase in team sponsorship are among the factors contributing to the rising valuations of the league’s franchises, according to Badenhausen, who notes that a post-COVID boom in concerts and other major events has been good news for team owners who also control their arenas.
NBA team owners operated 10 of the world’s 20 highest-grossing concert venues in 2024, with the Nets’ Barclays Center coming in at No. 1, says Badenhausen. The Nets’ valuation is up 43% this year, per Sportico, easily the largest year-over-year increase among the 30 NBA franchises.
When Forbes put out its NBA franchise valuations in October, it pegged the average value of a team at $4.4 billion. In the past, we’ve used Forbes as our primary source for NBA franchise valuations, but with Badenhausen making the move from Forbes to Sportico in recent years and the outlet establishing itself as a go-to resource for sports business news, we begun highlighting Sportico’s projections as of 2023.
Of course, it’s worth noting that figures from Sportico, Forbes, 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 2024:
- Golden State Warriors: $9.14 billion
- New York Knicks: $8.3 billion
- Los Angeles Lakers: $8.07 billion
- Brooklyn Nets: $5.7 billion
- Los Angeles Clippers: $5.68 billion
- Boston Celtics: $5.66 billion
- Chicago Bulls: $5.56 billion
- Miami Heat: $5 billion
- Houston Rockets: $4.77 billion
- Toronto Raptors: $4.66 billion
- Philadelphia 76ers: $4.57 billion
- Dallas Mavericks: $4.46 billion
- Phoenix Suns: $4.32 billion
- Sacramento Kings: $4.11 billion
- Atlanta Hawks: $4.07 billion
- Denver Nuggets: $4.06 billion
- Washington Wizards: $3.98 billion
- Cleveland Cavaliers: $3.95 billion
- Milwaukee Bucks: $3.91 billion
- San Antonio Spurs: $3.79 billion
- Indiana Pacers: $3.74 billion
- Utah Jazz: $3.67 billion
- Portland Trail Blazers: $3.6 billion
- Oklahoma City Thunder: $3.55 billion
- Orlando Magic: $3.46 billion
- Detroit Pistons: $3.45 billion
- Charlotte Hornets: $3.39 billion
- Minnesota Timberwolves: $3.29 billion
- New Orleans Pelicans: $3.09 billion
- Memphis Grizzlies: $3.06 billion
As Badenhausen notes, Sportico’s projections are based on a control sale price, rather than limited stake purchases. No NBA franchise saw its majority control change hands in 2024, but that could change in 2025, with control of the Celtics up for sale.
According to Badenhausen, team executives and investors have predicted a sale price ranging from $4.5 billion to $6.5 billion for the Celtics. The final valuation will be determined by a number of factors, including how many bidders are on the mix, what percentage of the team they can buy, and whether current governor Wyc Grousbeck insists on remaining in that role until 2028, which he has indicated is his goal.