NBA’s Future With Main Street Sports Group In Doubt After Missed Payments
The future of the NBA’s relationship with Main Street Sports Group is uncertain after the company failed to make its January payments to several teams, sources tell Tom Friend of Sports Business Journal.
Main Street, which is in the process of being sold to DAZN, also missed a payment to Major League Baseball’s St. Louis Cardinals last month. According to Friend, that prompted the NBA league office to contact all 13 teams doing business with the company to warn them that their January payments may not arrive as expected. Friend reports that at least several of those teams didn’t receive scheduled rights fee payments this week.
The missed deadline won’t have an immediate effect, as telecasts will continue on Main Street’s FanDuel Sports Networks. Sources tell Friend that default notices have already been sent to Main Street, which will have a 15-day cure period once they are received.
“Main Street Sports Group is in dialogue with its team and league partners around the timing of rights payments as we progress discussions with strategic partners to further enhance our long-term capital position,” a company spokesperson said in a statement to Sports Business Journal.
According to Friend’s sources, the 13 teams have safeguards in their contracts with Main Street that will make them the primary payees from the company’s creditors if it were to go out of business.
Friend hears that Main Street lost about $200MM in 2025 and owes the teams a combined $180MM for this season. The potential sale depends on several conditions, he adds, such as DAZN wanting the teams’ digital rights, hoping to negotiate extensions through at least the 2028/29 season and trying to get teams to accept lower fees for their broadcast rights.
If the sale can’t be completed in January, sources tell Friend that Main Street officials plan to shut down the business after the NBA and NHL seasons conclude, but they hope to continue game broadcasts until then. However, team sources aren’t convinced that Main Street has the financial means to keep producing the games, so the 13 NBA teams will need to develop emergency backup plans.
“The league has the capacity to put them on, to stream them, and all the teams are certainly equipped to go over-the-air to do it,” one team source tells Friend. “But now the revenue gets crushed. Hopefully a lot of people have already gotten paid at least 30 to 50% of this year’s revenue. But you’ll never get the rest of that money back, you’ll never recoup the money.’’
Friend notes that if Main Street dissolves, digital rights would revert back to the teams, which would make a national streaming Regional Sports Network much easier to accomplish. If DAZN completes the deal, not much will change except for the brand name. However, the company will have to address the issue of extensions, as contracts with the Grizzlies, Hornets and Magic expire after the current season, and deals with the Thunder, Clippers, Timberwolves, Pacers, Hawks, Heat, Cavaliers and Bucks only run through 2026/27.
According to Friend, here are the 13 teams under contract with Main Street and their rights fees payments for 2025/26:
- Atlanta Hawks: $32M
- Charlotte Hornets: $16.57M
- Cleveland Cavaliers: $34M
- Detroit Pistons: $25.78M
- Indiana Pacers: $17.47M
- Los Angeles Clippers: $34.59M
- Memphis Grizzlies: $11.41M
- Miami Heat: $55M
- Milwaukee Bucks: $24M
- Minnesota Timberwolves: $24.88M
- Oklahoma City Thunder: $16.67M
- Orlando Magic: $26.19M
- San Antonio Spurs: $19.92M
Hawks Have Interest In Corey Kispert
The Hawks have interest in Wizards wing Corey Kispert, according to NBA insider Marc Stein, who reports (via Twitter) that if the two teams make a trade involving Trae Young, Atlanta hopes to acquire Kispert in the deal.
Known as a sharpshooter, Kispert has been limited to 19 games so far this season due to thumb and hamstring injuries. When healthy, he has averaged 9.2 points, 2.3 rebounds, and 1.7 assists in 19.5 minutes per contest, with a .496/.395/.765 shooting line.
The Wizards are operating far below the luxury tax line and are in position to take on some salary in a trade, but in order to match Young’s $46MM cap hit, they would have to send out more than CJ McCollum and his $30.7MM expiring contract in order to make the trade legal. Washington could get there by including other expiring deals, starting with Malaki Branham and his $5MM salary, but Kispert ($14MM) would also do the trick.
Notably, Kispert is in the first season of a four-year, $54MM rookie scale extension that is fully guaranteed for two more seasons beyond this one, so if the Hawks were to acquire him in a deal for Young, it would cut into their cap flexibility going forward. Still, Atlanta would be adding a solid role player on the wing while still creating significant savings by removing Young’s $49MM player option for 2026/27 from its books.
Although Washington is said to be Young’s preferred landing spot, the Hawks still have four weeks to see if any other viable suitors emerge for the veteran point guard, so a deal between the two Southeast teams may not be imminent. The Wizards and Hawks would also need to figure out what the draft compensation would look like, which might not be simple.
Still, Stein says (via Twitter) that if the teams do eventually make a trade involving Young, the players going from Washington to Atlanta appear increasingly likely to be McCollum and Kispert.
Interestingly, Kispert has been ruled out for Wednesday’s game in Philadelphia due to left hamstring injury management. Kispert has missed six of Washington’s past seven contests due to that hamstring issue, but wasn’t listed on today’s injury report at all until the 6:00 pm Eastern time update. McCollum will also miss his first game of the season tonight due to right quad soreness.
Heat Guarantee Terry Rozier’s Contract
The Heat decided against waiving guard Terry Rozier on Wednesday, per Tim Reynolds of The Associated Press (Twitter link), which means his full cap hit for the 2025/26 season is now guaranteed.
Rozier’s $26,643,031 salary had been partially guaranteed for $24,924,126, so Miami could have realized just over $1.7MM in cap savings by waiving him. That would’ve opened up a second spot on the Heat’s 15-man roster and given the team the ability to add two players on standard contracts without surpassing the luxury tax line.
However, despite the fact that Rozier has been inactive since being arrested on federal gambling charges and was placed on leave by the league in October, the Heat determined it made more sense to keep him on the roster.
That decision suggests the team wants to maintain the ability to include his expiring contract in a trade for salary-matching purposes. The NBA reportedly hasn’t confirmed one way or the other whether Miami would be permitted to do so, but the team is said to be “confident” that the league wouldn’t block a deal that includes Rozier’s contract.
[RELATED: Attorneys For Terry Rozier Seek Dismissal Of Federal Charges]
While Rozier’s cap hit is now guaranteed, his salary is still being withheld by the NBA in an escrow-type interest-bearing account while he remains on leave. That decision is being fought by the Players Association, with a ruling on the grievance anticipated this month.
Rozier had plenty of company among the players with non-guaranteed salaries who held onto their roster spots today. According to ESPN’s Bobby Marks (Twitter link), not a single player on a standard non-guaranteed contract was placed on waivers on Wednesday, ahead of the salary guarantee deadline.
Three two-way players were cut today: Mark Sears of the Bucks, Malik Williams of the Hawks, and Tosan Evbuomwan of the Knicks.
Bucks Waive Mark Sears
The Bucks waived guard Mark Sears on Wednesday, according to NBA.com’s official transaction log. The move ensures that Milwaukee won’t be on the hook for Sears’ full salary, having cut him prior to the league-wide salary guarantee date.
Sears, a college star at Alabama, reached an agreement with the Bucks on a two-way deal shortly after going undrafted in June and finalized that agreement in July.
The six-foot guard remained on that two-way contract for the first half of this season but didn’t have a regular role in the Bucks’ rotation, logging a total of 26 minutes in seven NBA appearances. He racked up 22 points in those 26 minutes, but was playing almost exclusively in garbage time.
In 12 games for the Wisconsin Herd at the G League level, Sears averaged 16.2 points, 5.4 assists, and 2.8 assists in 31.0 minutes per contest, posting a shooting line of .422/.328/.839.
The Bucks are now one of three NBA teams with a two-way contract slot open, joining the Hawks and Knicks.
Knicks Waive Tosan Evbuomwan
4:06 pm: The Knicks have officially waived Evbuomwan, the team confirmed (Twitter link).
9:10 am: The Knicks intend to waive forward Tosan Evbuomwan, according to Ian Begley of SNY.tv (Twitter link). Evbuomwan is on a two-way contract with New York and will be cut before his salary becomes fully guaranteed.
A former Ivy League Player of the Year at Princeton, Evbuomwan went undrafted in 2023 and has spent the two-and-a-half seasons since then bouncing back and forth between the NBA and G League.
The 6’8″ forward signed 10-day contracts with the Grizzlies and Pistons as a rookie before finishing that season on a two-way deal with Detroit, then spent the majority of his second season on a two-way deal with Brooklyn. Evbuomwan was waived by the Nets this past August and signed a new two-way contract with the Knicks in September.
While Evbuomwan has made 50 total appearances at the NBA level, only five of them have come since he joined the Knicks, and he logged just eight minutes of garbage-time action in those five outings for New York. The 24-year-old did make 12 appearances this season for the Westchester Knicks in the G League, averaging 17.7 points, 6.6 rebounds, 3.9 assists, and 1.3 steals in 35.6 minutes per game, with a shooting line of .427/.263/.729.
Although Evbuomwan will only receive a prorated portion of his $636,435 salary, he earned a bonus worth $265,467 when the Knicks won the NBA Cup last month, which will nearly make up the difference.
Evbuomwan will become a free agent on Friday if he goes unclaimed on waivers, while the Knicks will open up a two-way contract slot on their roster alongside wing Kevin McCullar Jr. and center Trey Jemison.
Siegel’s Latest: Sabonis, Raptors, Bucks, Warriors, Nets, White, Lakers
After buying low on Brandon Ingram at last season’s trade deadline, could the Raptors seek out a similar move this February? According to Brett Siegel of ClutchPoints, Kings center Domantas Sabonis is one name that has been continually linked to Toronto. The Raptors’ interest in Sabonis was first reported in December by Jake Fischer and has since been corroborated by several other outlets.
Malik Monk is another player who has intrigued Toronto in the past, Siegel writes, noting that Kings general manager Scott Perry drafted current Raptors veterans RJ Barrett and Immanuel Quickley when he was in New York’s front office. While there’s no indication that the two teams have seriously discussed such a deal involving those four players, Siegel suggests that sort of framework could be worth keeping an eye on.
If Toronto does end up moving Barrett in that sort of bigger move, he’d likely draw interest from several teams besides Sacramento, Siegel writes, given the lack of high-level wing talent on the trade market. The Bucks, for example, expressed interest in Barrett last season, per Siegel.
Here’s more from Siegel’s latest NBA rumor round-up:
- The Warriors have internally discussed many possible center trade targets, including Myles Turner and Bobby Portis of the Bucks, per Siegel. A number of teams around the NBA are curious about Milwaukee’s plans for Portis, Siegel continues, with the Hornets and Suns also considered possible suitors, perhaps in multi-team scenarios.
- Suns guard Jalen Green is among the players the Bucks have inquired on, but Phoenix isn’t interested in moving him at this point, says Siegel. Given that Green has only played two games this season due to hamstring issues, the Suns view him as a sort of trade-deadline addition themselves, Siegel explains.
- Although the Nets are fielding inquiries on players like Michael Porter Jr. and Nic Claxton, they aren’t actively looking to move them. In order for Brooklyn to consider a deal involving either player, the starting point for a package would have to be a “true” unprotected first-round pick, Siegel writes.
- The Mavericks and the Clippers are among the teams with interest in Bulls guard Coby White, sources tell Siegel, who reiterates that the Timberwolves also remain interested and notes that some league insiders have speculated that the Hawks could be a destination for White in the event of a Trae Young trade.
- With higher-level options like Herbert Jones potentially out of reach, players like Bulls forward Isaac Okoro, Kings guard Keon Ellis, and Nets wing Haywood Highsmith are considered more realistic possibilities for a Lakers team seeking defensive help, according to Siegel. Mavericks forward Naji Marshall is another possible trade candidate to add to that group if Dallas commits to becoming a seller.
Wizards Reportedly Trae Young’s Preferred Landing Spot
The Wizards are the top team on Trae Young‘s list of preferred destinations, according to ESPN’s Shams Charania, who stated during an appearance on NBA Today (Twitter video link) that the Hawks have gained some traction in their trade talks with Washington.
NBA insider Marc Stein was the first to report earlier this week that the Wizards and Hawks had engaged in negotiations about a possible trade that would send Young to Washington and veteran guard CJ McCollum to Atlanta.
Subsequent reporting has suggested that the Hawks are willing to be patient as they gauge Young’s trade market and that the two Southeast rivals still have work to do to figure out what the rest of a deal would look like — Washington is reportedly seeking draft compensation from Atlanta and is said to be reluctant to part with the sort of young talent the Hawks would want along with McCollum.
While other teams are reportedly monitoring Young’s situation, the Wizards are the only club confirmed to be a viable suitor so far, so the fact that the 27-year-old would be on board with a move to D.C. bodes well for a potential deal.
Although Washington isn’t exactly a title contender, the rebuilding team has played better as of late, with five wins in its past seven games, and its young core could benefit from the addition of an elite play-maker like Young, despite concerns about his defense.
Additionally, the Wizards have no significant multiyear contracts on their cap, meaning they’re well positioned to accommodate Young’s $49MM player option for 2026/27 — or a potential contract extension that replaces that option, which is presumably the outcome the four-time All-Star and his camp are hoping for.
As Charania notes, Young also has a connection to Wizards senior vice president of player personnel Travis Schlenk, who drafted the former Oklahoma Sooners star when he was the general manager of the Hawks.
Young is currently on the shelf due to a right quad contusion and will miss a sixth consecutive game on Wednesday when the Hawks host the Pelicans.
Injury Notes: Oubre, Watford, Vincent, LeBron, Wemby, Harden, More
The Sixers are expected to get a pair of forwards back from injuries on Wednesday vs. Washington, having upgraded Kelly Oubre Jr. and Trendon Watford to probable after they participated in today’s shootaround, tweets Keith Pompey of The Philadelphia Inquirer.
Oubre has been out since November 14 due to a left knee sprain, while Watford – who has been recovering from a left adductor strain – last played on November 25.
Both Sixers vets had been playing some of the best basketball of their careers before going down with injuries. Oubre started all 12 games he played in the fall and scored 16.8 points per game with a career-high 49.7% field goal percentage. Watford averaged 8.9 points, 4.7 rebounds, and 3.6 assists in 20.4 minutes per game with a .534/.389/.800 shooting line in 14 appearances (four starts).
Here are more injury updates from across the NBA:
- Lakers guard Gabe Vincent (lumbar back strain) is no longer on the injury report and appears on track to play on Wednesday vs. San Antonio after missing the past nine games, per Dan Woike of The Athletic (Twitter link). Vincent last suited up on December 14.
- Lakers forward LeBron James (left foot joint arthritis and right sciatica) and Spurs big man Victor Wembanyama (left knee bone bruise) are both listed as questionable to play on Wednesday. Wembanyama returned from a two-game absence on Tuesday vs. Memphis and seemed fine after the game, according to Michael C. Wright of ESPN, who says (via Twitter) that the plan is to have Wembanyama play vs. Los Angeles if he feels up to it.
- Clippers guard James Harden, who sat out on Monday due to shoulder stiffness, is probable to return on Wednesday vs. the Knicks, who will still be without Josh Hart (right ankle sprain), tweets James L. Edwards III of The Athletic. Hart has missed New York’s past six games, four of which were losses.
- Magic guard Jalen Suggs, who has been out for two games with a right knee MCL contusion, hasn’t progressed to contact or on-court work yet, head coach Jamahl Mosley said on Tuesday (Twitter link via Jason Beede of The Orlando Sentinel). “Just slowly seeing how he responds to the treatment that he does day-to-day,” Mosley said.
- While there’s still no word on a potential timeline or target date for his return, Kyrie Irving traveled with the Mavericks to Sacramento this week and completed a workout with assistant coach Phil Handy following the team’s shootaround on Tuesday, writes Grant Afseth of The Dallas Hoops Journal. Irving’s presence on the three-game road trip is a sign of progress, according to Afseth, who adds that forward P.J. Washington is considered day-to-day after sitting out Saturday’s game with a right ankle sprain.
Nets To Retain Tyrese Martin, Jalen Wilson Through Guarantee Deadline
The Nets won’t waive wing Tyrese Martin or forward Jalen Wilson prior to this week’s salary guarantee deadline, according to reports from Brian Lewis of The New York Post (Twitter links) and Michael Scotto of HoopsHype (Twitter link).
Both Martin and Wilson have non-guaranteed contracts, so Brooklyn could’ve avoided locking in their full-season salaries by placing them on waivers on Wednesday. However, the Nets won’t do so, which means Martin will earn his full $2,191,897 salary and Wilson will make his full $2,221,677.
Martin, a former second-round pick out of UConn, signed a two-way contract with the Nets ahead of the 2024/25 season, then was promoted to the standard roster last February.
After he averaged 8.7 points and 3.7 rebounds per game on .406/.351/.793 shooting in 60 games (11 starts) last season, the 26-year-old has seen his production slip a little in 2025/26, but he’s still a regular rotation player, with averages of 7.4 PPG and 3.0 RPG on .385/.322/.708 shooting through 29 contests (six starts).
Wilson, selected by the Nets with the 51st overall pick in the 2023 draft, opened his NBA career on a two-way deal, but has been on Brooklyn’s standard roster since March 2024.
The 25-year-old averaged 25.7 minutes per night and started 22 of his 79 games in ’24/25, but has played a lesser role this season, coming off the bench in all 23 appearances averaging 13.9 MPG. He’s contributing 4.9 PPG and 1.0 RPG in his reserve role.
While many of the players on non-guaranteed contracts were considered locks to remain with their respective teams through the salary guarantee deadline, the Nets could conceivably made a move involving either Martin or Wilson, so their decision to hang onto both is noteworthy.
Brooklyn won’t open up a spot on its 15-man roster but still has more than $15MM in cap room that could be used to take on unwanted salary at the trade deadline. Both Martin and Wilson, meanwhile, will be eligible for restricted free agency during the 2026 offseason, assuming they finish out their current contracts.
Trade Rumors: Trae, Dillingham, Wizards, Kuminga, Warriors
The Wizards have been monitoring Trae Young‘s situation in Atlanta since the Hawks opted against extending him during the offseason and have engaged in “serious” discussions about a potential trade, confirms Jake Fischer of The Stein Line (Substack link). However, Atlanta isn’t rushing into an agreement, since the front office wants to wait to see if other suitors emerge in the weeks leading up to the February 5 trade deadline.
So far, Fischer writes, it’s unclear whether any other teams have joined Washington in actively exploring a deal for Young. Fischer hears that the point guard’s camp has suggested the Timberwolves and Nets as two potential trade partners that would appeal to Young, but neither of those teams has reciprocated that interest to this point.
The Wolves, in fact, are unlikely to pursue any high-priced point guard, Fischer writes, explaining that Minnesota wants to upgrade the position but is more focused on players with more manageable cap hits.
Fischer points to Mike Conley‘s $10.8MM expiring deal and Rob Dillingham‘s rookie scale deal (which pays him $6.8MM this season) as contracts that the Wolves could use for matching purposes in that sort of trade, noting that they aren’t opposed to discussing Dillingham, who hasn’t yet developed into a reliable rotation player.
Here are a few more trade rumors from around the NBA:
- If the Wizards and Hawks do make a trade involving Young, it wouldn’t be a huge surprise if the 27-year-old and his new team agree to a contract extension that replaces his $49MM player option for 2026/27 with a lower cap hit and tacks on at least a couple new years to his deal, Fischer writes. League insiders that Fischer spoke to about that subject suggested the extension offer would likely have to be worth $100MM+ to convince Young to decline that $49MM option.
- Ben Golliver of The Washington Post lays out the cases for and against a Wizards trade for Young.
- The Warriors have had many trade conversations about forward Jonathan Kuminga, but have yet to make “substantial movement” toward a deal, league sources tell Anthony Slater of ESPN. Team sources have said recently that Golden State would be willing to hang onto the 23-year-old beyond the trade deadline if no appealing offers materialize, according to Slater, though he notes that may be posturing. The Warriors have also been unwilling to take on contracts that extend beyond the current season if they consider them to have negative value, Slater adds.
- League sources tell Slater that the Warriors have “sniffed around” the center market. If Al Horford – who has played better since Christmas than he did earlier in the season – stays healthy and continues to improve, the front office may feel less inclined to target a big man at the trade deadline, Slater notes.
- Sam Quinn of CBS Sports takes a look at the teams currently operating in luxury tax territory and considers which ones are the best bets to try to duck below the tax line at the trade deadline — and which players could be on the move in those types of trades.