Trail Blazers Rumors

Blazers Sign Javonte Cooke To Two-Way Contract

Oct. 20: The signing is official, according to a team press release.


Oct. 19: The Trail Blazers have agreed to sign free agent guard Javonte Cooke to a two-way contract, agent Jerry Dianis tells Shams Charania of ESPN (Twitter link).

Cooke, a 6’6″ guard who went undrafted in 2023, played three games with the Blazers during preseason, averaging 3.3 points and 1.7 rebounds in 7.5 minutes per contest.

Portland released Cooke on Friday and Sean Highkin of The Rose Garden Report stated at the time that the Blazers were still considering the 26-year-old for a two-way spot. Cooke was previously on a non-guaranteed camp deal.

The 26-year-old took an unusual path to the NBA. A Division-II basketball player in college who finished his career at Winston-Salem State, Cooke has played in the G League as well as the Canadian Elite Basketball League since leaving college. He made 42 appearances for the Oklahoma City Blue last season, averaging 17.0 points, 5.0 rebounds, and 2.8 assists in 28.2 minutes per game while converting 42.4% of his shots from the floor, including 33.5% of his three-point attempts.

Cooke will join Caleb Love and Sidy Cissoko as the third and final two-way player for Portland. The team had a two-way opening, so no corresponding move is necessary to re-sign Cooke.

Blazers, Shaedon Sharpe Agree To Four-Year Extension

The Trail Blazers have come to terms on a four-year, $90MM rookie scale extension with shooting guard Shaedon Sharpe, reports Shams Charania for ESPN (Twitter link).

Sharpe was originally selected with the No. 7 pick in the 2022 draft after reclassifying to spend a season with Kentucky, though he ultimately did not play a game for the Wildcats.

Sharpe, 22, has started 92 of 184 regular season games through his first three seasons. In 2024/25, he established a new career highs by averaging 18.5 points per game to go along with his 4.5 rebounds and 2.8 assists per night.

However, Sharpe has struggled at times with his shooting efficiency and defense — his three-point percentage declined to a career-worst 31.1% in ’24/25, while head coach Chauncey Billups benched him at one point last season due to repeated defensive lapses.

Still, Portland remains high on Sharpe’s long-term upside and brought in veterans Jrue Holiday and Damian Lillard this offseason to provide leadership and guidance for the young backcourt duo of Sharpe and Scoot Henderson.

The Blazers have built a team primarily focused on defensive-minded players, and Sharpe’s ability to score at volume figures to factor heavily into their offensive approach.

After agreeing to a four-year extension with Toumani Camara earlier today, and with Deni Avdija on a descending deal that runs through the end of the 2027/28 season, the Blazers have locked in a young, talented wing trio on deals that will each account for less than 15% of the cap moving forward, notes Keith Smith of Spotrac (via Twitter).

Sharpe is the seventh player to agree to a rookie scale extension this offseason, joining Chet Holmgren and Jalen Williams (Thunder), Paolo Banchero (Magic), Jabari Smith Jr. (Rockets), Nikola Jovic (Heat), and Keegan Murray (Kings). There are still 14 players eligible for rookie scale extensions ahead of Monday’s deadline.

Blazers, Toumani Camara Agree To Four-Year Extension

The Trail Blazers have agreed to a four-year, $82MM extension with Toumani Camara, reports ESPN’s Shams Charania (via Twitter).

The third-year forward has been a revelation for the Blazers since coming over from Phoenix in the 2023 trade that brought Deandre Ayton to Portland. In 78 games (all starts) in 2024/25, Camara averaged 11.3 points, 5.8 rebounds, 2.2 assists, and 1.5 steals per game while making 37.5% of his three-point tries and playing some of the best perimeter defense in the NBA.

Camara earned praise from opponents for his play on that side of the ball, showed up on multiple Defensive Player of the Year ballots, and earned a spot on the All-Defensive second team. As Charania notes (via Twitter), the 25-year-old ranked ninth in the NBA in total steals last season and was one of seven players to record at least 100 steals and 50 blocks.

Camara was the No. 52 overall pick in the 2023 draft after spending four years in college, two with Georgia and two with Dayton. In his final season, he averaged 13.9 PPG and 8.6 RPG.

His shooting improvement – from 30.7% on three-pointers over the course of his college career to 37.5% last season – has helped him carve out a significant role and maximize his defensive impact.

The extension will replace Camara’s $2.4MM team option for 2026/27, meaning he’s now under contract for five seasons in total. Since Camara is earning well below the NBA’s estimated average salary this season ($13,870,000), his maximum extension could have started at up to 140% of that amount, with 8% annual raises, which would have worked out to $87MM over four years — his new deal will come in a little below that.

As Yossi G0zlan of the Third Apron tweets, Camara’s extension leaves enough luxury tax space in 2026/27 for a potential Shaedon Sharpe extension. Monday is the deadline for Sharpe and the Blazers to complete a rookie scale extension.

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.

Injury Notes: Queen, White, Brown, Raptors, Rockets, More

Rookie big man Derik Queen has been medically cleared to participate in full basketball activities, the Pelicans announced today (via Twitter).

Head coach Willie Green said Queen was a full participant in Saturday’s practice, tweets Will Guillory of The Athletic. While the team wants to get Queen up to speed, Green said New Orleans will be careful not to rush the process after a lengthy layoff.

Queen has been rehabilitating from July surgery to address a torn scapholunate ligament in his left wrist, an injury he sustained at Summer League in Las Vegas. He was a limited participant during New Orleans’ training camp due to the injury.

Queen was selected with the 13th overall pick in June after the Pelicans sent Atlanta this year’s No. 23 selection and an unprotected 2026 first-rounder (the most favorable of New Orleans’ and Milwaukee’s picks) for the right to draft the Maryland big man, who was highly productive in his lone season with the Terrapins. In 36 games last season, the 20-year-old forward/center averaged 16.5 points, 9.0 rebounds, 1.9 assists, 1.1 steals and 1.1 blocks in 30.4 minutes per contest.

We have several more injury notes from around the NBA:

  • Bulls guard Coby White, who has been battling a calf strain since August and didn’t play in any preseason games this fall, “looked good” after going through most of the contact portions of Saturday’s practice, according to head coach Billy Donovan (Twitter links K.C. Johnson of Chicago Sports Network). Donovan added that White would go through additional contact work on Monday after taking Sunday off. For his part, White said he was encouraged by today’s session, though he cautioned he’s still working on regaining his conditioning and rhythm. “We’ll see. It’s in the works,” White said of potentially playing in Chicago’s season opener, per Johnson.
  • Celtics star Jaylen Brown sustained a left hamstring injury in Wednesday’s preseason finale. As Jay King of The Athletic writes, head coach Joe Mazzulla didn’t say whether Brown would be active for next Wednesday’s season opener, but the injury doesn’t sound serious — Brown is considered day-to-day, per Mazzulla.
  • Raptors head coach Darko Rajakovic expressed optimism that lottery pick Collin Murray-Boyles could be ready for Wednesday’s season opener in Atlanta after the former South Carolina forward sustained an arm injury last week, tweets Josh Lewenberg of TSN.ca. According to Michael Grange of Sportsnet.ca (Twitter links), Murray-Boyles is day-to-day with a right forearm strain.
  • Although Raptors center Jakob Poeltl missed time during preseason with lower back stiffness and exited Friday’s preseason finale with the same injury, Rajakovic clarified after the game that the Austrian big man was pulled for precautionary reasons (Twitter links via Lewenberg). Poeltl is under contract through 2029/30 after signing a lucrative long-term extension in July.
  • Forward Jae’Sean Tate, who underwent offseason ankle surgery, went through contract drills in Saturday’s practice, per Rockets head coach Ime Udoka (Twitter link via Danielle Lerner of The Houston Chronicle). The team remains optimistic that Tate will be available for Houston’s season opener, but Dorian Finney-Smith probably won’t be, according to Udoka. Finney-Smith, a free agent addition, is recovering from June ankle surgery.
  • Former Alabama forward Grant Nelson was originally expected to sign an Exhibit 10 deal with the Nets shortly after Summer League in July, but the signing was delayed until a few days ago due to an otherwise unspecified “stress reaction from overworking,” he told Brian Lewis of The New York Post. “It was like a small, little minor injury that held me out of training camp. And then I feel like I did everything I could. I caught the injury really early, so I wasn’t out long. But it worked out perfect. So now I’m back healthy, feeling 100 percent.”
  • Backup Lakers center Jaxson Hayes exited Friday’s preseason finale with a right wrist contusion, the team announced (Twitter link via Dan Woike of The Athletic). Head coach JJ Redick said after the game that X-Rays on the wrist were negative, with another update on Hayes expected to come on Sunday, as veteran NBA report Mark Medina relays (via Twitter).
  • Trail Blazers forward Deni Avdija experienced upper back stiffness on Thursday in Utah, causing him to exit Portland’s preseason finale, per the team (Twitter link). It’s unclear if Avdija will miss additional time as a result of the injury.

Blazers Waive Cooke, But May Bring Him Back

  • The Trail Blazers have waived Javonte Cooke, the team announced in a press release. He had been signed to an Exhibit 10 deal for training camp and preseason. A 6’6″ shooting guard, Cooke has played primarily in the G League since 2022, with a stint in Canada for the Brampton Honey Badgers in 2024. The 26-year-old made 42 appearances for the Oklahoma City Blue last season, averaging 17.0 points, 5.0 rebounds and 2.8 assists in 28.2 minutes per game while converting 42.4% of his shots from the floor, including 33.5% of his three-point attempts.
  • Portland’s G League affiliate, the Rip City Remix, acquired Cooke’s returning rights in a trade with the Blue earlier this week. While that would typically signify a player is headed to the NBAGL to open the season, Sean Highkin of The Rose Garden Report hears the Blazers are still considering Cooke for their vacant two-way spot, so there’s a chance he could re-sign with Portland (Twitter link).

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:

  1. Golden State Warriors: $11.33 billion
  2. Los Angeles Lakers: $10 billion
  3. New York Knicks: $9.85 billion
  4. Los Angeles Clippers: $6.72 billion
  5. Boston Celtics: $6.35 billion
  6. Brooklyn Nets: $6.22 billion
  7. Chicago Bulls: $6.12 billion
  8. Miami Heat: $6.03 billion
  9. Philadelphia 76ers: $5.61 billion
  10. Houston Rockets: $5.53 billion
  11. Dallas Mavericks: $5.24 billion
  12. Toronto Raptors: $5.22 billion
  13. Phoenix Suns: $5.09 billion
  14. Atlanta Hawks: $5.02 billion
  15. Sacramento Kings: $5 billion
  16. Cleveland Cavaliers: $4.86 billion
  17. Denver Nuggets: $4.8 billion
  18. Washington Wizards: $4.78 billion
  19. Indiana Pacers: $4.76 billion
  20. Milwaukee Bucks: $4.54 billion
  21. San Antonio Spurs: $4.5 billion
  22. Oklahoma City Thunder: $4.34 billion
  23. Utah Jazz: $4.27 billion
  24. Portland Trail Blazers: $4.25 billion
  25. Minnesota Timberwolves: $4.24 billion
  26. Orlando Magic: $4.21 billion
  27. Detroit Pistons: $4.17 billion
  28. Charlotte Hornets: $4.13 billion
  29. New Orleans Pelicans: $4.02 billion
  30. 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.

And-Ones: Core Trios, MVP, Hayward, NBA App

Tim Bontemps of ESPN ranks the core trios of every NBA team based on their current and future value. Unsurprisingly, Shai Gilgeous-Alexander, Jalen Williams and Chet Holmgren of the defending champion Thunder sit atop Bontemps’ tiered list, followed by the Nuggets trio of Nikola Jokic, Jamal Murray and Aaron Gordon.

Bontemps’ final tier (“rebuilding”) is comprised of the Nets (Nic Claxton, Egor Demin, Nolan Traore), Trail Blazers (Toumani Camara, Donovan Clingan, Shaedon Sharpe), Jazz (Ace Bailey, Walter Clayton, Lauri Markkanen), and Wizards (Bilal Coulibaly, Tre Johnson, Alex Sarr).

Here are a few more odds and ends from around the basketball world:

  • Using six categories (narrative score, expected ridiculous stats score, team quality score, clutch score, player impact score, and perceived value score), Zach Harper of The Athletic takes a stab at predicting who will win the NBA’s MVP award in 2025/26. Jokic, who was the runner-up last season, earns the most points (55/60), followed by reigning MVP Gilgeous-Alexander (50/60) and Giannis Antetokounmpo (50/60), who finished third in voting last season. However, Harper’s “gut” says Timberwolves guard Anthony Edwards (45/60) will claim his first MVP.
  • Former NBA All-Star Gordon Hayward, who retired last summer after a 14-year career in the league, is returning to his alma mater in a new role. According to a Butler press release written by John Dedman, Hayward will be an executive basketball advisor for the Bulldogs’ men’s basketball program. In addition to advising in multiple areas, Hayward will also serve as a mentor to student-athletes, with a focus on leadership and professional development.
  • The NBA announced in a press release that it has launched a new multi-platform streaming offering as well as the “reimagined” NBA TV, both of which can be accessed via the NBA App. There’s also a new flagship program on NBA TV and the NBA App called “The Association,” which features MJ Acosta-Ruiz, David Fizdale, Rudy Gay, Chris Haynes and John Wall, among others.

Northwest Notes: SGA, Bailey, Dillingham, Miller, Cooke

Thunder star Shai Gilgeous-Alexander doesn’t see himself playing until he’s 40 like current stars LeBron James and Chris Paul, he said within a GQ Sports cover story, per Yang-Yi Goh (subscription required).

“I definitely think I can,” Gilgeous-Alexander said. “I won’t, though. A hundred percent.”

The reigning MVP just turned 27 in July, so he certainly has time to change his mind between now and the final years of his NBA career. However, he went on to explain that family considerations would be the main reason why he doesn’t think he’d want to extend his playing days that long.

“I won’t want to miss that much of my kid’s life,” he told Goh. “I won’t want to be away and miss his first basketball game every year, his first soccer game, football game, piano lesson, chess lesson, whatever it is. And there’s a certain point in your career where you reach your peak.

“I don’t fault guys for still playing. They love the game. But I just feel like I play this game, ultimately, to see what the best version of me can be. Once I figure that out and I start going down, then it’s like, Okay, well, what am I playing for now? As soon as that happens, I’ll be on the first ship out.”

Here’s more from around the Northwest Division:

  • Jazz rookie Ace Bailey is dealing with “some tendonitis” in both of his knees, Will Hardy said after the No. 5 overall pick was removed from Monday’s game vs. Portland. However, Utah’s head coach didn’t sound overly concerned about the issue. “He’s not going to be getting imaged or anything like that,” Hardy told reporters, including Andy Larsen of The Salt Lake Tribune (Twitter link). “It’s just trying to take care of him. He was a little sore during his second stint (on the court).”
  • After playing a limited role as a rookie, second-year Timberwolves guard Rob Dillingham is working on making the adjustments necessary to earn more regular minutes in 2025/26, as Chris Hine of The Star Tribune details. “I want to play,” Dillingham said. “So whatever I got to do to play, whatever (head coach Chris Finch) wants me to do — pass the ball, pick up (on defense), I’m just gonna have to do.” Finch offered more details on what he and the staff have told Dillingham to focus on: “Be ready to make shots off the ball, particularly when you’re playing out there alongside guys like Julius and Ant who are going to have the ball in their hands a lot. Keep it simple and use your speed, which is what we need you to do and what you have naturally comes to you.”
  • Timberwolves forward Leonard Miller, who suffered a finger injury early in training camp, was cleared for full-contact, five-on-five basketball activities on Monday, the team announced in a press release. Miller started on Monday against the Guangzhou Loong Lions and played well in a Minnesota blowout, racking up 15 points and 11 rebounds in 23 minutes of action.
  • The Oklahoma City Blue and Rip City Remix have completed a trade, tweets Rylan Stiles of SI.com. The Thunder‘s G League affiliate acquired the returning rights for Isaac Nogues and Henri Drell, along with a 2026 second-round pick, from the Trail Blazers‘ affiliate, in exchange for Javonte Cooke‘s returning rights. Cooke signed an Exhibit 10 contract with Portland two weeks ago, while Nogues and Drell are currently playing overseas.

RAJ Sports Drops Lawsuit Involving Trail Blazers Sale

RAJ Sports, a company run by the Bhatal family, has dropped its lawsuit against the Cherng family, one of the minority investors in Tom Dundon‘s ownership group that has signed a purchase agreement to buy the Trail Blazers, writes Mike Vorkunov of The Athletic.

Dundon and his group reportedly beat out a bid from RAJ Sports, which controls the Portland Thorns in the NWSL and the Portland Fire, the WNBA expansion team that will make its debut next season.

According to Vorkunov, Dundon helped facilitate a resolution between the Bhatals and the Cherngs.

We are pleased to have reached a resolution out of court which we believe recognizes our position while also preserving the future of basketball in Portland,” RAJ said in a statement (Twitter link via Sean Highkin of The Rose Garden Report). “We look forward to working closely with the Blazers as the Fire join them at Moda Center next Spring.”

RAJ Sports claimed in its lawsuit that the Cherng family — which owns Panda Express — breached an exclusivity agreement and asked a judge to stop them from buying a stake in the Blazers. The lawsuit, which has been withdrawn “without prejudice,” was aimed only at the Cherngs, not the Trail Blazers or the Dundon group.

Now that the lawsuit has been dropped, the impending sale of the Blazers should proceed as normal, Vorkunov notes.