Extension Rumors: Daniels, Ivey, Duren, Eason, Braun, Sharpe
After talking to agents and executives around the league, Jake Fischer of The Stein Line states in his latest Substack column (subscription required) that there will likely be few, if any, rookie scale extensions reached before Monday’s deadline that carry an average annual value larger than $25MM. Fischer adds that teams have become more cautious about handing out large deals because of the restrictions that accompany the first and second aprons.
He points to Hawks guard Dyson Daniels as someone who should be in good position to match the five-year, $150MM extensions that teammate Jalen Johnson and Orlando guard Jalen Suggs both received last offseason. However, sources tell Fischer that Atlanta’s front office is willing to let Daniels test restricted free agency next year if he won’t sign on the team’s terms.
Fischer notes that Daniels’ agent, Daniel Moldovan, also represents Josh Giddey, who just went through a months-long standoff with the Bulls in restricted free agency. Fischer adds that Daniels would likely be entering a more robust market for restricted free agents than the one that Giddey faced.
Fischer offers more information on players eligible for rookie scale extensions:
- Jaden Ivey and Jalen Duren haven’t made much progress in their extension talks with the Pistons, sources tell Fischer. He suggests that management might be extra cautious with Ivey following arthroscopic surgery on his right knee this week. Ivey’s camp expects an active market if he does hit free agency, even though he’s also coming off a fractured left tibia that cost him most of last season. Sources describe negotiations with Duren as “tepid” so far, per Fischer, who adds that his representatives are asking for a new deal worth much more than $30MM in AAV and are also optimistic about his prospects on the open market.
- The Rockets are hoping to sign Tari Eason to an extension that’s “significantly lower” than the five-year, $122MM deal that Jabari Smith Jr. accepted this summer, according to Fischer. The outcome of the Eason negotiations will affect what Houston is willing to give Kevin Durant in his extension talks, Fischer adds. With Amen Thompson expected to receive a max extension next offseason, Houston is being careful about not overloading its salary commitments. Fischer talked to capologists who said they would recommend limiting any Durant offers to $80MM over two years. As Fischer notes, it’s not certain that Durant would remain with the Rockets at that number.
- It seems unlikely that Christian Braun will reach an extension agreement with the Nuggets, Fischer states. Sources tell him that Denver is already sending signals that it doesn’t want to become a taxpaying team next season, while Braun and his camp are hoping for a deal at $25MM in average annual value. The Nuggets are also holding extension talks with Peyton Watson, but Fischer suggests a new deal with him may not happen unless they can’t agree to terms with Braun.
- Fischer views Trail Blazers guard Shaedon Sharpe as the most likely remaining candidate to hammer out an extension before the deadline. Rival teams that Fischer contacted expect Portland to give Sharpe something in the neighborhood of $100MM over four years.
- Suns center Mark Williams, Jazz center Walker Kessler and Pacers wing Bennedict Mathurin all appear headed for restricted free agency, Fischer states. Of the three, Fischer points to Mathurin as the most likely to change teams because of Indiana’s reluctance to add more long-term salary.
Suns Waive McDermott, Mariano To Set Roster
After signing them on Friday, the Suns have officially waived forward Sean McDermott and wing Nathan Mariano, according to the transaction log at NBA.com.
McDermott, 28, appeared in 18 games for the Grizzlies on a two-way deal back in 2020/21, but hasn’t been in the NBA since then. The former Butler Bulldog spent a few seasons in the G League with the Memphis Hustle before continuing his career overseas, playing in Italy and Turkey the past two years.
Marino, 22, is a 6’9″ wing. He has spent several seasons playing professionally for Franca in Brazil, his home country.
Both players are likely to suit up this fall for the Valley Suns. The Exhibit 10 contracts they signed with Phoenix will make them eligible for bonuses worth up to $85,300 if they spend at least 60 days with the Suns’ G League team.
[RELATED: 2025/26 NBA Roster Counts]
As a result of the cuts, Phoenix now has 14 players on standard contracts and three on two-way deals, so the team’s roster is set for the regular season. The Suns could fill their 15th standard roster spot before their season gets underway next week, but likely won’t do so since they’re operating slightly over the luxury tax line.
Suns Waive Jared Butler, Will Keep Jordan Goodwin
Jordan Goodwin has won a training camp battle in Phoenix, according to Shams Charania of ESPN, who reports (via Twitter) that the Suns will retain the 6’3″ combo guard for the 2025/26 regular season.
The Suns claimed Goodwin in July after he was waived by the Lakers, who wanted to create room below the first apron to sign Marcus Smart. In late June, the Lakers picked up their team option on Goodwin’s $2.35MM contract for the upcoming season, which carries a guarantee of just $25K.
Goodwin, who turns 27 years old next week, averaged 5.6 points, 3.9 rebounds, 1.4 assists and 1.0 steal on .438/.382/.818 shooting in 29 games (18.7 minutes per contest) for the Lakers in ’24/25. He also had a strong preseason for Phoenix, averaging 12.5 PPG, 3.3 RPG, 2.3 APG and 1.8 SPG on .462/.389/.700 shooting in four games (19.0 MPG).
This is Goodwin’s second stint with the Suns — the former Saint Louis standout, who is known for his defense, also spent part of ’23/24 with Phoenix prior to being traded to Memphis.
Goodwin’s primary competition for Phoenix’s 14th standard roster spot — the team is only carrying 14 players due its tax situation — was believed to be guard Jared Butler, a four-year veteran who played for the Wizards and Sixers last season. The 25-year-old also had an impressive preseason, averaging 15.5 PPG, 4.3 APG, 3.3 RPG and 1.8 SPG on .471/.353/.667 shooting in four appearances (20.9 MPG).
The Suns have officially requested waivers on Butler and David Duke Jr., the team announced in a press release (Twitter link). Butler’s non-guaranteed training camp deal did not contain Exhibit 10 language, and it’s unclear what his next step will be. Duke’s deal did though, so he’s likely headed to the G League’s Valley Suns to open the season. Duke is another four-year veteran who has played for the Nets and Spurs.
Immediately after waiving Butler and Duke, the Suns signed Nathan Mariano and Sean McDermott to Exhibit 10 deals, tweets Keith Smith of Spotrac. Both players are locks to be waived in the coming hours.
Marino, 22, is a 6’9″ wing. He has spent several seasons playing professionally for Franca in Brazil, his home country.
McDermott, 28, spent time with Memphis on a two-way deal back in 2020/21. The former Butler Bulldog spent a few seasons in the G League with the Memphis Hustle before continuing his career overseas, playing in Italy and Turkey the past two years.
Extensions Not Expected For Hawks’ Young, Suns’ Williams
The Hawks will not sign star point guard Trae Young to an extension before the season begins, league sources tell Fred Katz and Joe Vardon of The Athletic.
The news doesn’t come as a surprise — Jake Fischer reported a couple months ago that the two sides weren’t expected to discuss an extension during the offseason. Katz and Vardon say the Hawks want to see how the new-look roster meshes before making a potential long-term commitment to the four-time All-Star.
Young admitted late last month that he was a little disappointed about entering training camp without an extension in place, but also said he was focused on the present and wouldn’t let the lack of a new deal be a distraction.
Young is coming off a 2024/25 season in which he played 76 games (36.0 minutes per contest) while averaging 24.2 points, a league-high 11.6 assists, 3.1 rebounds and 1.2 steals, with a shooting line of .411/.340/.875.
There’s no real urgency to extend Young from Atlanta’s perspective. While he could become an unrestricted free agent next summer if he declines his player option (worth about $49MM) for 2026/27, he will remain extension-eligible throughout the ’25/26 league year. Signing an in-season extension would also require Young to decline that option.
Whether they sign him to a rookie scale extension before Monday’s deadline or re-sign him as a restricted free agent in 2026, the Hawks feel good about their chances of retaining Most Improved Player winner Dyson Daniels, according to Katz and Vardon.
In other extension news, John Gambadoro of Arizona Sports 98.7 cautions (via Twitter) not to expect a rookie scale deal for Suns center Mark Williams. The former Duke big man has frequently been injured over his first three seasons, appearing in a total of just 106 games, and Phoenix appears likely to use ’25/26 to evaluate his fit after acquiring him in a summer trade with Charlotte.
Fischer reported last week that the Suns were considered unlikely to sign Williams to an extension. If no deal is reached, the 23-year-old would be a restricted free agent next summer, assuming he’s given a qualifying offer.
Injury Notes: Sabonis, George, Williams, Bailey, Vanderbilt
The Kings fell to 0-3 during the preseason on Wednesday with a loss to the Clippers. More concerning than the defeat was the fact that star center Domantas Sabonis exited the game midway through the third quarter and was ultimately ruled out for the rest of the night due to what the team called a right hamstring issue, per Jason Anderson of The Sacramento Bee (subscription required).
Sacramento already projects to be shorthanded in the frontcourt when the regular season begins next week, with forward Keegan Murray sidelined due to thumb surgery. It’s unclear whether or not Sabonis’ injury is serious enough to jeopardize his availability for the start of the season — head coach Doug Christie said after the game that he didn’t have a concrete update yet on the big man’s status.
“Listen, your star player goes down, you never want to see that, period,” Christie said, according to Anderson. “I can’t speculate on what it is. Hopefully it’s nothing. We have some time before the first game, but those are the things you just don’t want to see. But it’s part of what we do. It’s the same thing with Keegan. As unfortunate as it is, it’s just part of our game.”
We have more notes on injuries from around the NBA:
- Sixers forward Paul George continues to make progress in his recovery from offseason knee surgery. Head coach Nick Nurse told reporters on Wednesday that George has advanced to participating in live, full-court three-on-three drills, as Derek Bodner of PHLY Sports relays (via Twitter). It’s the first time the veteran forward has taken part in live action this fall.
- There’s a belief in Phoenix that center Mark Williams will be available for opening night after not playing at all in the preseason, says John Gambadoro of Arizona Sports 98.7 FM (Twitter link). The Suns big man has been playing 5-on-5 and will get the opportunity to take part in a few more scrimmages before the team’s opener next Wednesday. Gambadoro adds (via Twitter) that he doesn’t expect Jalen Green (hamstring) to miss more than two or three games at the start of the season unless he experiences another setback.
- Rookie forward Ace Bailey has been ruled out for the Jazz‘s preseason finale on Thursday due to bilateral knee tendinopathy, tweets Andy Larsen of The Salt Lake Tribune. Head coach Will Hardy downplayed the issue earlier this week, so there’s no indication at this point that Bailey won’t be ready when the regular season tips off next Wednesday.
- Lakers forward Jarred Vanderbilt was ruled out of the second half of Wednesday’s preseason game vs. Dallas due to a left quad contusion, according to Dan Woike of The Athletic (Twitter link), who says the injury appeared to occur when Vanderbilt got kneed in the thigh. Vanderbilt is hoping to play a key role for L.A. this season after being limited to 65 total outings over the last two regular seasons due to health issues.
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:
- Golden State Warriors: $11.33 billion
- Los Angeles Lakers: $10 billion
- New York Knicks: $9.85 billion
- Los Angeles Clippers: $6.72 billion
- Boston Celtics: $6.35 billion
- Brooklyn Nets: $6.22 billion
- Chicago Bulls: $6.12 billion
- Miami Heat: $6.03 billion
- Philadelphia 76ers: $5.61 billion
- Houston Rockets: $5.53 billion
- Dallas Mavericks: $5.24 billion
- Toronto Raptors: $5.22 billion
- Phoenix Suns: $5.09 billion
- Atlanta Hawks: $5.02 billion
- Sacramento Kings: $5 billion
- Cleveland Cavaliers: $4.86 billion
- Denver Nuggets: $4.8 billion
- Washington Wizards: $4.78 billion
- Indiana Pacers: $4.76 billion
- Milwaukee Bucks: $4.54 billion
- San Antonio Spurs: $4.5 billion
- Oklahoma City Thunder: $4.34 billion
- Utah Jazz: $4.27 billion
- Portland Trail Blazers: $4.25 billion
- Minnesota Timberwolves: $4.24 billion
- Orlando Magic: $4.21 billion
- Detroit Pistons: $4.17 billion
- Charlotte Hornets: $4.13 billion
- New Orleans Pelicans: $4.02 billion
- 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.
Suns Waive Baugh, Samuel
The Suns have waived Damion Baugh and Tyrese Samuel, the team announced (Twitter link).
Baugh signed an Exhibit 10 deal with the Suns in September, three days before Samuel signed a similar deal, which made him the final player on Phoenix’s 21-man preseason roster.
Baugh, a 6’4″ shooting guard out of Memphis and TCU, played 15 games with the Hornets last season, averaging 7.3 points, 3.7 assists, 3.3 rebounds, and 1.0 steals in 24.7 minutes per game.
Samuel played four years at Seton Hall before spending his age-23 fifth season at Florida in 2023/24. The 6’10” forward played for the Valley Suns in the G League in ’24/25, averaging 10.8 points and 7.3 rebounds in 21.3 minutes per game.
The Valley Suns acquired Baugh’s G League rights not long after he signed his deal with Phoenix, which would indicate that both players are likely to join the affiliate team. They’ll each earn a bonus worth $85,300 if they stay with the Valley Suns for at least 60 days.
Pacific Notes: Butler, Goodwin, Luka, Reaves, Warriors
The Suns came into the preseason carrying 13 players on guaranteed salaries, with Jordan Goodwin on a partially guaranteed deal and Jared Butler on a non-guaranteed contract. Given that Phoenix projects to operate slightly over the luxury tax line even without a 15th man, the expectation was that only one of Goodwin or Butler would make the team. However, both players finished the preseason strong on Tuesday, as Duane Rankin of The Arizona Republic writes.
Earning the start in the Suns’ 113-104 win over the Lakers, Goodwin had 24 points and six assists in 37 minutes of action, with a team-high +14 plus/minus rating. But his fellow starter in the backcourt was even better, as Butler racked up 35 points, nine assists, and seven rebounds in 34 minutes, making 14-of-25 shots from the field, including 5-of-9 three-pointers.
In Rankin’s view, Butler’s spot on the regular season roster is still far from a sure thing. But if he ends up being waived by the Suns, the 25-year-old has certainly shown he deserves consideration for a spot on another NBA roster.
“I’m just still believing in myself, and I’m just hoping that people catch up with the faith that I have in myself,” Butler said after Tuesday’s game (Twitter video link via Rankin).
Here’s more from around the Pacific:
- It took some time for the shock of his trade out of Dallas to wear off last winter, but as Lakers guard Luka Doncic made his preseason debut on Tuesday, his teammates and coaches suggested that he seems looser and more comfortable with his situation this fall, per Dan Woike of The Athletic. “I think by being in a clearer headspace, and by that I mean just mentally and emotionally in balance, it allows you the freedom to just be yourself,” head coach JJ Redick said of Doncic. “And that gets reflected in his expressions, his interactions with teammates, his interactions with our coaching staff, his desire to toe that line between competition and joy and playfulness that truthfully makes him the special person and player that he is.”
- Even though Austin Reaves is unlikely to sign an extension with the Lakers ahead of his free agency, he’s still likely to stay in Los Angeles beyond his current contract, according to Keith Smith of Spotrac, who takes a closer look at the guard’s potential earnings going forward. Smith believes a five-year deal that begins in 2026/27 and is worth in the neighborhood of $150MM could make sense for both Reaves and the Lakers.
- Making an appearance on SiriusXM NBA Radio (SoundCloud link), Warriors general manager Mike Dunleavy Jr. spoke about a handful of topics, including why the team targeted Al Horford in free agency and building a contending roster around aging stars with the long-term view still in mind. “You’re balancing everything,” Dunleavy said. “You’re balancing your future assets, you’re balancing the cap. You’re trying to thread the needle of staying good now and having a chance to be good in the future. That’s the fun and the challenge of this job.”
Jalen Green To Miss Start Of Season With Hamstring Injury
Jalen Green won’t be ready to make his Suns debut when the team’s regular season schedule opens next Wednesday, according to head coach Jordan Ott. Prior to Tuesday’s preseason finale against the Lakers, Ott told reporters – including Duane Rankin of The Arizona Republic – that Green aggravated the hamstring injury he sustained early in training camp.
“We all know the soft tissue injuries are really hard to see exactly the progress,” Ott said. “Obviously it’s frustrating, but this is all part of it. Thankfully we caught it early, it’s not that serious, but he wants to be out there. New teammates, new system. There’s just other ways. We’re going to have to speed him up. That’s the reality of it. He did a great job in the China trip hanging in there with us.”
Ott initially described Green’s injury in early October as a “low grade” hamstring strain. The reaggravation occurred during the team’s trip to China for a pair of exhibition games against Brooklyn, preventing the newly acquired guard from suiting up in any of Phoenix’s four preseason contests.
Green will be reevaluated in 10 days, Ott said on Tuesday. That means he’ll miss the team’s regular season opener against Sacramento next Wednesday, but might have a chance to play in one game of a back-to-back set next Friday and Saturday against the Clippers and Nuggets.
Green spent the first four years of his NBA career in Houston before being sent to Phoenix along with Dillon Brooks in the blockbuster Kevin Durant trade over the summer. Injuries were rarely an issue for the former No. 2 overall pick during his time as a Rocket — he has appeared in all 82 regular season games in each of the past two seasons and hasn’t missed a game since February 2023.
Suns center Mark Williams also didn’t play in any of the club’s four preseason contests, but that was part of a plan designed to ramp him up for the start of the regular season. He has been playing live 5-on-5, Ott said on Tuesday, per Rankin.
While they rested some of their regulars on Tuesday, the Suns have been rolling with a starting lineup of Devin Booker, Brooks, Grayson Allen, Ryan Dunn, and Oso Ighodaro for most of the preseason. Williams would presumably replace Ighodaro if he’s ready to go for the start of the season, while Green would likely step in for either Allen or Dunn once he’s cleared to return.
Mat Ishbia Countersues Suns’ Minority Shareholders
Suns owner Mat Ishbia has filed a countersuit against a pair of minority owners who sued Ishbia and the team earlier this year, according to Mike Vorkunov of The Athletic.
That original suit, which was brought forth in August by Andy Kohlberg (Kisco WC Sports) and Scott Seldin (Kent Circle Investments), alleged that Ishbia wasn’t allowing them to view records and financial information that would help them understand how the franchise is being run and how much their shares are worth. Kohlberg and Seldin, expressing dissatisfaction with Ishbia’s management of the team, were reportedly seeking a buyout from the majority owner at a price point of $825MM, which would value the Suns at $6 billion.
Ishbia, who bought the Suns in 2023 at a valuation of $4 billion, offered to buy out the team’s minority owners when he took over control of the franchise and says that Kohlberg and Seldin were the only ones who passed on the offer.
Ishbia’s new suit states that he has invested significantly in the Suns and the WNBA’s Phoenix Mercury since buying the team and sought funds on a capital call in June to “cover payroll, luxury tax payments and other near-term obligations,” per Vorkunov. The suit also alleges that Kohlberg and Seldin didn’t want to invest during that round of fundraising and that their lawsuit was part of a negative PR campaign against Ishbia as they sought a buyout from him at an “extortionate” cost.
“When Mat Ishbia bought the Suns and Mercury, he couldn’t have been clearer with investors: he was going to invest in the teams, the fans, and the community,” an Ishbia spokesperson said in a statement. “Every investor had the choice at that point — sell at premium or stay in and invest alongside him. Andy Kohlberg and Scott Seldin want it both ways. They don’t want to invest in the teams, but they are demanding a payday significantly higher than what Mat originally offered, which was still over 20 times their original investment. That’s not how it works, and we’re confident we’ll prevail in court.”
There has been no shortage of legal battles in Phoenix since Ishbia took over the team. Outside of this dispute between the team’s investors, several former employees have filed lawsuits against the Suns, alleging discrimination, harassment, and wrongful termination, per Vorkunov. Ishbia said at media day that he wasn’t looking to settle those suits.
“The truth is, you actually got to win a lawsuit,” he said. “And where I’m different than most successful people … is like, we don’t settle. If we don’t do anything wrong, I’m not paying someone. I hope you guys all report on how many lawsuits we actually lose.”