Mike Budenholzer and Steve Kerr will be the head coaches for the 2015 NBA All-Star Game.

The Atlanta Hawks and Golden State Warriors have each clinched the best record in their respective conferences for games played through Feb. 1.

The average NBA franchise valuation is now a record $1.1 billion.

There are now 11 NBA teams worth at least $1 billion, compared to three a year ago.

The Los Angeles Lakers lead the way at $2.6 billion, up 93% over last year. 

The value of the New York Knicks shot up 79% to $2.5 billion, ranking the team second overall.

Rounding out the top five are the Chicago Bulls ($2 billion), Boston Celtics ($1.7 billion) and Los Angeles Clippers ($1.6 billion).

6. Brooklyn Nets: $1.5 billion
7. Golden State Warriors: $1.3 billion
8. Houston Rockets: $1.25 billion
9. Miami Heat: $1.175 billion
10. Dallas Mavericks: $1.15 billion
11. San Antonio Spurs: $1 billion
12. Portland Trail Blazers: $940 million
13. Oklahoma City Thunder: $930 million
14. Toronto Raptors: $920 million
15. Cleveland Cavaliers: $915 million
16. Phoenix Suns: $910 million
17. Washington Wizards: $900 million
18. Orlando Magic: $875 million
19. Denver Nuggets: $855 million
20. Utah Jazz: $850 million
21. Indiana Pacers: $830 million
22. Atlanta Hawks: $825 million
23. Detroit Pistons: $810 million
24. Sacramento Kings: $800 million
25. Memphis Grizzlies: $750 million
26. Charlotte Hornets: $725 million
27. Philadelphia 76ers: $700 million
28. New Orleans Pelicans: $650 million
29. Minnesota Timberwolves: $625 million
30. Milwaukee Bucks: $600 million

Al Horford and Mo Williams have been named the NBA Players of the Week.

Williams scored 52 points last week against the Pacers.

Quincy Miller is scheduling meetings with the Indiana Pacers, Atlanta Hawks, Oklahoma City Thunder and San Antonio Spurs as the D-League Showcase, league sources tell RealGM

Miller is currently playing with the Reno Bighorns.

The Atlanta Hawks are for sale and their current owners would like the team to remain in Georgia.

But Thomas Tull and Chris Hansen are preparing separate bids that would relocate the Hawks to Seattle.

Tull is CEO of Legendary Pictures, while Hansen is a venture capitalist that attempted to purchase the Sacramento Kings.

Jesse Itzler is also a potential candidate to purchase the Hawks. Itzler is an entrepreneur and is married to the founder of Spanx. Itzler is already a fan of the Hawks.

Jeff Teague andKevin Duranttoday were named NBA Eastern and Western Conference Players of the Week, respectively, for games played Monday, Dec. 29, through Sunday, Jan. 4.

Teague led the Hawks to a 3-0 week, behind a conference-leading 23.7 ppg, and his 8.3 apg and 2.67 spg were both good for second in the conference.

Durant helped the Thunder to a 2-0 week, which included wins over the Phoenix Suns and Washington Wizards, behind a league-leading 39.0 ppg

Mike Budenholzer of the Atlanta Hawks and Terry Stotts of the Portland Trail Blazers have been named the NBA Coaches of the Month for December, the league announced on Monday.

Budenholzer led the Hawks to the best record in the NBA in December, 14-2 (.875).

Stotts guided the Trail Blazers to the Western Conference's best record in December, 13-3 (.813).

A deal has been reached to sell 100 percent of the Atlanta Hawks.

Agreements have been reached between all three ownership groups to sell their complete stakes in the team and they have received approval from the NBA.

The team will be officially on the market next week, according to a league source. 

DeMarre Carroll is the best player on defense for the Atlanta Hawks, routinely guarding the opposing team's best perimeter scorer.

“We talk a lot about the only way we are going to be good is if we are good on both ends of the court,” Mike Budenholzer said. “DeMarre really sets the tone for us defensively, gives us our spirit and our identity. I just think that end of the court isn’t appreciated enough, isn’t given enough accolades and attention. We’ve got a long way to go defensively, but where we are, he plays a huge role in that.”

Carroll has averaged 11.5 points per game, the highest total of his five-plus year NBA career.