The Denver Nuggets attempted to trade for Tyreke Evans with the Memphis Grizzlies at the deadline and presented two offers.

Denver offered Memphis either Emmanuel Mudiay and a second round pick, or an expiring contract and multiple second round picks.

The Grizzlies wanted more in exchange for Evans and didn't want any salary for the 18-19 season. Mudiay was eventually traded to the New York Knicks.

Memphis failed to find a workable trade of Evans, who they signed to a one-year, $3.3 million contract.

The Washington Wizards also had interest in Evans and likely would have parted with two second round picks as well.

The New York Knicks have acquired Emmanuel Mudiay from the Denver Nuggets in a three-way trade.

The Knicks will send Doug McDermott to the Dallas Mavericks while the Nuggets will acquire Devin Harris. Denver will also get a second round pick from the Knicks.

Mudiay was the seventh overall pick in the 2015 draft.

The Memphis Grizzlies continue to seek a first round pick in exchange for Tyreke Evans.

The Boston Celtics, Denver Nuggets and Philadelphia 76ers are interested in acquiring Evans but are reluctant to part with a first round pick or a young player.

While Evans is on an affordable expiring contract, he would be a pure rental for any team trading for him as they would not hold his Bird rights and need to use cap space to re-sign him.

Evans signed a one-year, $3.3 million contract with the Grizzlies last offseason and is averaging 19.5 points per game.

The Denver Nuggets and Utah Jazz have held trade talks involving Wilson Chandler and Joe Johnson.

Chandler has a $12.8 million player option for the 18-19 season.

Johnson is on a $10.5 million expiring contract.

The Nuggets and Jazz worked together on a draft day trade last June.

The New York Knicks remain the NBA's most valuable franchise for the third straight season, according to Forbes' annual report.

The Knicks are valued at $3.6 billion, which is an increase of nine percent from 2017.

The Los Angeles Lakers rank second at $3.3 billion, an increase of 10 percent.

The Golden State Warriors, Chicago Bulls and Boston Celtics round out the top-5.

The average NBA franchise is now worth a record $1.65 billion, up 22% over last year, and more than triple the figure of five years ago. 

Every NBA team is valued at $1 billion or more for the first time in league history.

“Investor interest in the NBA is enormous right now,” said Forbes’ senior editor Kurt Badenhausen, “thanks to the league’s strong current economic environment, as well as the international growth prospects, which are the best of any major U.S. sports league.”

1. Knicks: $3.6 billion (+9%)
2. Lakers: $3.3 billion (+10%)
3. Warriors: $3.1 billion (+19%)
4. Bulls: $2.6 billion (+4%)
5. Celtics: $2.5 billion (+14%)
6. Nets: $2.3 billion (+28%)
7. Rockets: $2.2 billion (+33%)
8. Clippers: $2.15 billion (+7%)
9. Mavericks: $1.9 billion (+31%)
10. Heat: $1.7 billion (+26%)
11. Spurs: $1.55 billion (+32%)
12. Raptors: $1.4 billion (+24%)
13. Kings: $1.375 billion (+28%)
14. Wizards: $1.35 billion (+35%)
15. Cavaliers: $1.325 billion (+10%)
16. Blazers: $1.3 billion (+24%)
17. Suns: $1.28 billion (+16%)
18. Thunder: $1.25 billion (+22%)
19. Magic: $1.225 billion (+33%)
20. Jazz: $1.2 billion (+32%)
21. 76ers: $1.18 billion (+48%)
22. Pacers: $1.175 billion (+34%)
23. Hawks: $1.15 billion (+30%)
24. Nuggets: $1.125 billion (+26%)
25. Pistons: $1.1 billion (+22%)
26. Bucks: $1.075 billion (+37%)
27. Wolves: $1.06 billion (+38%)
28. Hornets: $1.05 billion (+35%)
29. Grizzlies: $1.025 billion (+30%)
30. Pelicans: $1 billion (+33%)