The Knicks have had a miserable 12 months, finishing the 2018/19 season with a league-worst 17 wins, missing out on their top free agent targets, and then firing head coach David Fizdale and president of basketball operations Steve Mills during the 2019/20 season.
None of that seems to have had a noticeable impact on the team’s market value though. Once again, the franchise is considered the most valuable of any of the NBA’s 30 clubs, according to a report from Kurt Badenhausen of Forbes. The Lakers and Warriors aren’t far behind, having both surpassed the $4 billion mark for the first time this year.
For the first time, all 30 NBA teams have a perceived worth of $1.3 billion or more, per Forbes’ annual report. Every team’s value increased by at least 6% since Forbes put out their 2019 valuations last February, with a handful of franchises jumping by 20% or more.
The NBA-wide average of $2.12 billion per team in 2020 is also a new record — that league-wide average surpassed the $2 billion mark for the first time. NBA franchise values are up almost sixfold over the last decade, according to Badenhausen.
Here’s the full list of NBA franchise valuations, per Forbes:
- New York Knicks: $4.6 billion
- Los Angeles Lakers: $4.4 billion
- Golden State Warriors: $4.3 billion
- Chicago Bulls: $3.2 billion
- Boston Celtics: $3.1 billion
- Los Angeles Clippers: $2.6 billion
- Brooklyn Nets: $2.5 billion
- Houston Rockets: $2.475 billion
- Dallas Mavericks: $2.4 billion
- Toronto Raptors: $2.1 billion
- Philadelphia 76ers: $2 billion
- Miami Heat: $1.95 billion
- Portland Trail Blazers: $1.85 billion
- San Antonio Spurs: $1.8 billion
- Sacramento Kings: $1.775 billion
- Washington Wizards: $1.75 billion
- Phoenix Suns: $1.625 billion
- Denver Nuggets: $1.6 billion
- Milwaukee Bucks: $1.58 billion
- Oklahoma City Thunder: $1.575 billion
- Utah Jazz: $1.55 billion
- Indiana Pacers: $1.525 billion
- Atlanta Hawks: $1.52 billion
- Cleveland Cavaliers: $1.51 billion
- Charlotte Hornets: $1.5 billion
- Detroit Pistons: $1.45 billion
- Orlando Magic: $1.43 billion
- Minnesota Timberwolves: $1.375 billion
- New Orleans Pelicans: $1.35 billion
- Memphis Grizzlies: $1.3 billion
The Raptors are among this year’s big “winners,” with their value rising 25%, from $1.675 billion a year ago to $2.1 billion this year following their first NBA championship. The Clippers also had a noteworthy bump, moving from ninth place on Forbes’ list to sixth after landing Kawhi Leonard and Paul George last summer.
Although every franchise’s value increased, the Nets had the smallest jump, just 6%. The Magic‘s modest 8% increase resulted in the team slipping from 23rd on last year’s list to 27th this year.
It’s worth noting that when a franchise has been sold in recent years, the price often exceeds Forbes’ valuation, so these figures are just estimates.
- The Jazz have sent 25-year-old rookie point guard Nigel Williams-Goss to the Salt Lake City Stars, per the G League.
USA Basketball has formally announced a preliminary group of 44 players who are candidates to be part of the program’s roster for the 2020 Olympics in Tokyo.
The final roster will only consist of 12 players, so most of these finalists won’t actually play for Team USA at the Olympics. Some will likely withdraw from consideration, while others simply won’t make the final cut. However, these players have all expressed interest in being involved in the process.
“This is the first step in USA Basketball identifying the 12 players who will represent the United States as members of the 2020 U.S. Olympic Men’s Basketball Team in Tokyo,” said USA Basketball managing director Jerry Colangelo.
“… Over the course of the remainder of the NBA season we’ll continue to monitor all of the athletes. Selecting the 12-man USA roster will obviously be an extremely challenging and difficult process, and we will again attempt to select the very best team possible to represent our country and who we hope will be successful in our difficult mission of repeating as Olympic champions for a fourth consecutive Olympics.”
Although the U.S. men’s team has won three consecutive Olympic gold medals, the program had a disappointing showing at last year’s World Cup, finishing in seventh place. Team USA will be looking for a bounce-back performance in Tokyo this summer, with many players from that World Cup squad among the 44 finalists announced today.
Here’s the full list of players who are candidates to play for Team USA at the 2020 Olympics:
- Bam Adebayo (Heat)
- LaMarcus Aldridge (Spurs)
- Harrison Barnes (Kings)
- Bradley Beal (Wizards)
- Devin Booker (Suns)
- Malcolm Brogdon (Pacers)
- Jaylen Brown (Celtics)
- Jimmy Butler (Heat)
- Mike Conley (Jazz)
- Stephen Curry (Warriors)
- Anthony Davis (Lakers)
- DeMar DeRozan (Spurs)
- Andre Drummond (Cavaliers)
- Kevin Durant (Nets)
- Paul George (Clippers)
- Draymond Green (Warriors)
- James Harden (Rockets)
- Montrezl Harrell (Clippers)
- Joe Harris (Nets)
- Tobias Harris (76ers)
- Gordon Hayward (Celtics)
- Dwight Howard (Lakers)
- Brandon Ingram (Pelicans)
- Kyrie Irving (Nets)
- LeBron James (Lakers)
- Kyle Kuzma (Lakers)
- Kawhi Leonard (Clippers)
- Damian Lillard (Blazers)
- Brook Lopez (Bucks)
- Kevin Love (Cavaliers)
- Kyle Lowry (Raptors)
- JaVale McGee (Lakers)
- Khris Middleton (Bucks)
- Donovan Mitchell (Jazz)
- Victor Oladipo (Pacers)
- Chris Paul (Thunder)
- Mason Plumlee (Nuggets)
- Marcus Smart (Celtics)
- Jayson Tatum (Celtics)
- Klay Thompson (Warriors)
- Myles Turner (Pacers)
- Kemba Walker (Celtics)
- Russell Westbrook (Rockets)
- Derrick White (Spurs)
Veterans on the trading block that teams were unable to move by Thursday’s deadline could still wind up with other teams. Below are updates on some of those players:
- The Knicks will look into buying out shooting guard Wayne Ellington, Ian Begley of SNY-TV tweets. Ellington signed a two-year, $16MM contract with New York last summer but the second year is only guaranteed for $1MM. Ellington, 32, has appeared in just 24 games this season, averaging 4.0 PPG in 14.1 MPG. He’s a 37.7% career shooter from beyond the arc.
- A buyout of point guard Reggie Jackson is an option for the Pistons but is termed “premature” for the time being, Yahoo Sports’ Vince Goodwill tweets. Jackson, who is making over $18MM in the final year of his deal, has missed a good chunk of this season with a back ailment. He is close friends with Andre Drummond, who is headed to Cleveland.
- The Jazz will be one of the contenders scouring the buyout market both domestically and internationally, Tony Jones of The Athletic tweets. Utah explored several deals the past two days but couldn’t find one that made sense, Jones adds.
- The Cavaliers are apparently uninterested in buying out center Tristan Thompson. Get the details here.
The 2:00pm CT trade deadline has now passed, but word of last-minute deals can sometimes trickle in after the buzzer. That won’t be the case for the Raptors and Bucks though, according to ESPN’s Zach Lowe, who reports (via Twitter) that the Eastern Conference’s top two teams didn’t make a move today.
Here are more deadline updates:
- It was a fairly quiet deadline for many of the top Eastern teams. The Celtics didn’t make a trade either, per Adam Himmelsbach of The Boston Globe (Twitter link). And the Pacers also stood pat, tweets ESPN’s Adrian Wojnarowski.
- The Heat were active earlier in the day, finalizing a trade to acquire Andre Iguodala. However, the team didn’t expand that deal to include Thunder forward Danilo Gallinari, Barry Jackson of The Miami Herald confirms (via Twitter). As Anthony Chiang of The Miami Herald explains (via Twitter), the Heat’s extension talks with Gallinari were more of a hang-up than the trade talks with the Thunder, given Miami’s desire to keep its cap clear for 2021.
- The Thunder, having held onto Gallinari, didn’t make any deadline deals, tweets Wojnarowski.
- The Jazz stood pat today as well, tweets Andy Larsen of The Salt Lake Tribune. So did the Spurs, says Chris Haynes of Yahoo Sports (via Twitter).
It appears the Pistons‘ top two trade candidates will remain in Detroit past today’s deadline. There’s an “increased likelihood” that an Andre Drummond deal won’t materialize, tweets Chris Haynes of Yahoo Sports, while Derrick Rose is expected to stay unless the team gets an unexpected offer, writes Vincent Goodwill of Yahoo Sports.
The Pistons have been trying for weeks to find a taker for Drummond, with the Hawks and Knicks being prominently mentioned. However, interest from both teams cooled because of Detroit’s asking price and the expectation that Drummond will opt out of his $28.75MM salary for next season, making him a short-term rental if his new team isn’t ready to heavily invest long-term.
Sources tell Goodwill that the Pistons will consider moving Rose if they receive a lottery pick in return, but it’s hard to imagine that a non-contender would give up a high draft choice for the 31-year-old guard. The Lakers, Clippers and Jazz all inquired about Rose, Goodwill adds, but none of them has the draft capital the Pistons are looking for.
Rose has said he likes playing in Detroit and doesn’t want to be traded, even though the Pistons are a disappointing 19-34 and four games out of a playoff spot. Rose signed a two-year deal over the summer and will make $7.68MM next season.
With major deals apparently off the board, the Pistons will shift their focus to trying to move Markieff Morris and Langston Galloway, according to Rod Beard of The Detroit News (Twitter link). However, he notes that many of the contending teams have already completed trades, so the Pistons may not get the assets they want in return (Twitter link).
Detroit turned down an offer from the Celtics for Christian Wood, tweets James Edwards III of The Athletic. Wood, who has an expiring $1.6MM contract, may be the long-term replacement at center if Drummond leaves.
The Jazz probably won’t do anything too drastic at this week’s trade deadline, but they’d like to “upgrade around the margins” if possible, league sources tell Tony Jones of The Athletic. Having already dealt Dante Exum and a pair of second-round picks for Jordan Clarkson, Utah no longer has as many expendable assets that could be included in a trade, but would “jump” at any opportunity to improve its roster, says Jones.
One player who could be on the block is Ed Davis. As Jones points out, things haven’t worked out for Davis in Utah so far — he’s averaged a career-worst 1.3 PPG and 3.8 RPG in 25 games (10.7 MPG). The veteran center would like to play more and the Jazz are open to moving him, according to Jones. However, if they can’t find a trade they like, the two sides figure to move forward together, since a buyout isn’t a realistic option due to the big man’s guaranteed $5MM+ salary for 2020/21.
Here’s more from Jones on the Jazz:
- Utah’s front office has at least “superficially” discussed the idea of targeting veteran forward DeMarre Carroll, who is on the trade block in San Antonio. Jones notes that there’s uncertainty about how much Carroll has left in the tank, given his down year with the Spurs.
- Sources tell The Athletic that the Jazz don’t want to move any “core” players. That group includes Mike Conley, who is unlikely to be discussed at all in trade talks this week, according to Jones.
- If the Jazz don’t end up doing anything by the trade deadline, they’d like to be active on the buyout market, Jones writes.
- The Jazz shuffled their lineup against Portland on Saturday, choosing to start Mike Conley at point guard and bring Royce O’Neale off the bench, ESPN’s Tim McMahon writes. Utah thrived off a Mitchell-O’Neale-Ingles-Bogdanovic-Gobert starting lineup without Conley, who missed several games due to a hamstring strain. “I know how frustrated he’s been because he’s wanted to play,” coach Quin Snyder said. “You hear about someone’s character, and until you go through things with them and you see how they react to that adversity … that’s what he’s demonstrated in my mind.”
Here are Friday’s G League assignments and recalls from around the league:
- The Nets assigned forward Dzanan Musa and guard Theo Pinson to their Long Island affiliate, according to the G League transactions log. Pinson, a second-year guard, has appeared in 27 games with Brooklyn this season, averaging 4.4 PPG in 12.3 MPG. Musa, a second-year swingman, is averaging 4.2 PPG in 11.9 MPG through 33 appearances with the NBA club.
- The Jazz assigned point guard Nigel Williams-Goss to the Salt Lake City Stars, according to the G League log. Williams-Goss has made nine abbreviated appearances with the NBA team this season.
- The Wizards assigned rookie swingman Admiral Schofield to the Capital City Go-Go, according to the G League log. Schofield has played 26 games with the Wizards this season, averaging 3.2 PPG in 11.2 MPG.