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The average NBA team is now worth $5.51 billion, up 20 percent year-over-year and 113 percent since 2022, according to Sportico's calculations. The collective value of all 30 franchises reached $165 billion, driven by a landmark $76 billion media rights agreement and strategic arena investments. Rick Welts, newly appointed Dallas Mavericks CEO, called the current moment … [Read more...] about NBA Team Valuations Reach $5.51 Billion Average, Up 20 Percent From 2024

The Washington Wizards waived forward Leaky Black and center Skal Labissiere. Both players had been signed to non-guaranteed Exhibit 10 contract. Black and Labissiere are both expected to join the Capital City Go-Go for the upcoming G League season. The Wizards signed Kadary Richmond and Alondes Williams to replace Black and Labissiere on the roster. Washington will waive both … [Read more...] about Wizards Waive Leaky Black, Skal Labissiere

The Washington Wizards have signed wing Kadary Richmond and guard Alondes Williams to camp contracts. Richmond and Williams both signed non-guaranteed Exhibit 10 deals. Both players are expected to join the Capital City Go-Go for the G League season after being waived by the Wizards later in the preseason. Richmond went undrafted out of St. John's at the 2025 NBA Draft. The … [Read more...] about Wizards Sign Kadary Richmond, Alondes Williams To Camp Contracts

The Washington Wizards signed Skal Labissiere to an Exhibit 10 contract, the team announced on Monday. Labissiere averaged 16.1 points and 7.9 rebounds for the Stockton Kings last season. The team also announced that they waived Akdolah Gak. Gak is expected to join the Capital City Go-Go. … [Read more...] about Wizards Sign Skal Labissiere To Exhibit 10 Deal, Waive Akoldah Gak

The Washington Wizards signed Leaky Black to an Exhibit 10 deal, the team reported on Thursday. Black averaged 7.9 points and 4.8 rebounds for the Capital City Go-Go last year. The Wizards also waived Jonathan Pierre, who is likely to join the Go-Go. The team now have a full 21-player preseason roster. … [Read more...] about Wizards Sign Leaky Black To Exhibit 10 Contract, Waive Jonathan Pierre