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Front Office Sports - The Memo

Morning Edition

June 23, 2026

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This year’s NBA draft was so loaded that it helped spark one of the league’s biggest tanking races in recent memory. It will also be the last draft under the NBA’s current lottery system before major changes take effect next year.

—Alex Schiffer

First Up

  • The World Cup’s first major weather disruption hit matches in Philadelphia and New Jersey. Read the story.
  • The Women’s PGA Championship is increasing its purse again—and taking the top spot in women’s golf. Read the story.
  • College GameDay host Rece Davis is adding Wimbledon to his growing list of ESPN assignments. Read the story.
  • Ice Cube said NBA ownership rules helped push the Big3 toward going public. Read the story.

Loaded NBA Draft Closes Old Lottery System After Tanking-Fueled Season

Brad Penner-Imagn Images

NEW YORK — It’s the beginning of the end of the NBA draft as we know it. 

At least for now. 

On Tuesday, commissioner Adam Silver will announce the league’s latest draft class, which many consider to be the best in decades. It will also be the last one until at least 2029 under the league’s old rules, after an epic year of tanking led Silver to implement a new-look system to combat the practice. 

The NBA’s “3-2-1” lottery system will go into effect next season and further flatten the lottery odds. Teams with the 4th- to 10th-worst records will have slightly higher odds at the No. 1 pick than the three worst, known as “the relegation zone.” The system was approved by the league’s owners in May and will be in effect until before the 2030 draft, when it can be revisited. 

The draft is one of the NBA’s busiest transaction periods, rivaling February’s trade deadline and July’s free agency. Will the league’s transactions look noticeably different on draft day in light of what’s coming? 

“I think superstars, teams are always going to trade first-round picks,” ESPN’s Bobby Marks told Front Office Sports. “I think the protection that has changed, you can’t protect a top-14 pick and the nuances with that. I think there’s a little bit of uncertainty when it comes to trading second-round picks just based on its inverse order, so there’s the unknown on where it lands. I think there is a little bit of hesitation here as far as just because we haven’t gone through it yet as far as where potential picks can be.”

Silver implemented the new system after roughly a third of the league tanked to get a high pick in a historically loaded draft. In February, he fined the Jazz and Pacers for resting star players for games or, in Utah’s case, in the middle of one and called it “worse this year than we’ve seen in recent memory.” 

But executives have previously told FOS that the draft goes beyond the top five, which is why tanking was as widespread as it was. 

“This is the year to have a lottery pick,” an Eastern Conference executive told FOS in December. “The whole lottery is stacked.”

The Wizards hold the No. 1 pick and are tasked with choosing among Darryn Peterson, AJ Dybantsa, and Cameron Boozer, with the Jazz, Grizzlies, and Bulls set to pick after them. Will the draft be remembered more for its supposed depth or the end of an era?

The Utah Cougars?

Should Dybantsa land with the Jazz at the No. 2 pick, he would unite, or reunite in a sense, with two of BYU’s most famous alumni. 

One of the nation’s top recruits, Dybantsa raised eyebrows when the Massachusetts native signed with Brigham Young out of high school to play for Kevin Young and the Cougars. Dybantsa’s NIL deal was rumored to be between $4 million and $7 million. 

Jazz owner Ryan Smith is a BYU alum and has been a major force for his alma mater, helping the Cougars get into a Power 4 conference (Big 12) after being independent for years. 

Smith, who also owns the NHL’s Mammoth, is worth $3.3 billion, according to Forbes. He has publicly denied any involvement in Dybantsa’s recruitment or NIL funding but met with the 6-foot-9 forward’s father, Ace, and financial adviser, Leonard Armato, multiple times before he signed with the school. At minimum, Smith’s work with his alma mater helped make the school more attractive for Dybantsa to sign there. BYU legend Danny Ainge is also the Jazz’s CEO. 

Asked by FOS about his relationship with Smith on Tuesday, Dybantsa confirmed they’ve interacted but didn’t elaborate. 

“I’ve seen him, obviously; I went to a lot of Jazz games,” Dybantsa said. “I got to be in his suite. We’ve talked.” 

Ben Queen-Imagn Images

Record Seniors Selected?

It could be a historic draft for the upperclassmen, too. 

While mock drafts are as consistent as the weather, ESPN is currently projecting 27 seniors to be taken in the second round alone and as many as 30 total, which would account for more than half the draft. 

In 2025, 19 seniors were selected in the draft’s second round, which was the highest since 2004, when 19 seniors were drafted then, too. Wednesday’s second round is expected to break the record. 

The high number is a result of name, image, and likeness keeping fringe prospects in college basketball longer instead of taking a chance by staying in the draft. But as Marks pointed out, their first NBA contract will likely pay less than what they made in school. 

Being an upperclassman used to have a strong effect on a player’s draft prospects, as teams could favor a younger player with more potential than an older one who they’ve already seen enough from. But four-year players—such as the Heat’s Jaime Jaquez Jr., who was runner-up for Sixth Man of the Year—have shown that older players can be more NBA-ready than one drafted on potential.

“The shift isn’t because older players are more valued; the shift is because more younger players are choosing to go back to school,” ESPN analyst Jay Bilas told FOS. “It used to be an all-or-nothing decision. It’s not that way anymore.”

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ONE BIG FIG

Young Money

~$840 million

The estimated total amount in salaries of all 30 first-round picks in the 2026 NBA draft, about $53 million more than last year. The number is based on the same increase as the projected $165 million salary cap for the 2026–27 season, which is about 6.7% higher than last year. 

The No. 1 pick in the draft is estimated to make about $67 million over four years. BYU forward AJ Dybantsa or Kansas guard Darryn Peterson are in contention to be selected by the Wizards with the No. 1 pick, according to multiple reports.

Rookie-scale contracts are four-year deals with at least two years guaranteed. The final two years are team options—though teams rarely decline team options on rookie contracts. 

DAILY SPORTS TRIVIA

Can you rank the top five NBA coaches by the most all-time playoff wins?

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LOUD AND CLEAR

Mexico’s Moment

Kirby Lee-Imagn Images

“Show people that it doesn’t matter where you’re from.”

—Karim López, a projected first-round pick, on how he has a chance to make history as the first Mexican-born player selected in the first round of the NBA draft. The 19-year-old is one of only a handful of international prospects projected to go early in a draft class otherwise dominated by U.S. players.

The NBA has long viewed Mexico as one of its most important international markets, hosting dozens of games there and operating a G League franchise in Mexico City. League officials believe López could inspire a new generation of fans and players south of the border. Read the story.

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From backyard runs to the national spotlight, the twins have developed side by side, sharing reps, setbacks, and expectations along the way. In today’s college athletics landscape, where pressure and visibility are higher than ever, that foundation has become a differentiator.

The Family Assist, presented by State Farm®, explores how trust, accountability, and constant support shape performance beyond the stat sheet. Because success at the next level isn’t just about talent, it’s about who’s in your corner when it counts.

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STATUS REPORT

Four Up

Geoff Burke-Imagn Images

Jalen Brunson ⬆ A 1-of-1 numbered rookie card of the 2026 NBA Finals MVP sold for $312,000, surpassing the previous high of $96,660 paid for a Brunson card. Since the Knicks won the championship, there have been four Brunson card sales exceeding $99,000, with fourteen sales of at least $30,000 coming in June.

NBPA ⬆ The union announced Monday the launch of Plyrs Untd, a commercial brand designed to help players maximize their NIL rights. Plyrs Untd CEO David Kelly said one of the main goals of the initiative is to allow companies that want to partner with NBA stars to work directly with the athletes instead of relying on the league and teams. As part of the launch, the players’ association will open a new performance center in Los Angeles, which will also serve as a content creation hub. 

Thunder ⬆ Oklahoma City has agreed to a trade with the Hawks that will send guard Aaron Wiggins to Atlanta in exchange for two second-round picks. The move will save the Thunder roughly $61 million, reducing the team’s projected luxury-tax penalty from $213 million to $152 million. Oklahoma City will look to add to its roster during the first round of the NBA draft, selecting at Nos. 12 and 17.

CJ McCollum ⬆ The veteran guard is staying with the Hawks, agreeing to a one-year, $21 million extension. He played 35 games for the Wizards last season before being traded to Atlanta in the deal that sent Trae Young to Washington. McCollum’s latest contract will bring his career earnings to more than $300 million.

FRONT OFFICE SPORTS LIVE

Hang Out in the Hamptons

Huddle in the Hamptons has earned its place as the season’s most coveted invitation: a sun-soaked gathering where the people shaping sports come to think, compete, and connect.

This July, Front Office Sports returns to the Hamptons for another quintessential summer Friday with official partners UBS and Opendorse.

Set against one of the East Coast’s most storied summer backdrops, the day blends wellness, candid thought leadership, and the kind of unhurried relationship-building no formal meeting can replicate.

Because some of the most important deals in sports don’t start in the boardroom—they start here.

Want to join us out East? Request to attend.

FOS on NBA

Jay Bilas: 2026 NBA Draft Is Most Star-Studded Since 2003

by Ryan Glasspiegel
Bilas will be a part of ESPN’s broadcast on Tuesday night.

Mavericks Hire Dusty May From Michigan

by Alex Schiffer
May led Michigan to the national championship in April.

NBA Offseason Begins: Giannis’s Future, Draft, and KAT Extension

by Colin Salao
The NBA draft begins June 23.

Question of the Day

Do you plan to watch the NBA draft?

 YES   NO 

Monday’s result: 52% of respondents said they watched the U.S. Open on Sunday.

Events Video Games Shop
Written by Alex Schiffer
Edited by Matthew Tabeek, Catherine Chen

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