Bulls Rumors: Pargo, White, Allen, Gibson

The Bulls find themselves in a pickle as training camp approaches, with a $73.55MM payroll that bumps up against a hard cap of $74.3MM invoked when they exceeded the taxpayer's mid-level exception to sign Kirk Hinrich. That gives them enough room for a rookie on a minimum-salary deal of $473,604, and they might be able to squeeze in a one-year vet at the $762,195 minimum, depending on the accuracy of their reported salaries. Aside from that, they'll have to get rid of one of their contracts to add anyone else to the regular season roster. The team could swing a trade or waive Nate Robinson and his partially guaranteed contract to find a place for Andre Emmett, a player with two years of experience who'll be in training camp on a non-guaranteed deal. Still, the team appears to continue to look around for additional free agent help, as Aggrey Sam of CSNChicago.com chronicles

  • Sam hears that free agents Jannero Pargo, D.J. White and Ryan Allen are joining many of the Bulls for voluntary workouts in Chicago leading up to the opening of camp. Allen is the brother of Grizzlies guard Tony Allen, and is a native of Chicago. Pargo is having discussions with a few NBA teams, as we heard yesterday, and White is reportedly drawing interest from multiple teams overseas.
  • Taj Gibson indicated earlier this month that talks were under way about an extension, and agent Mark Bartelstein confirms that to Sam. "It's something we've been talking about for a while," Bartelstein said. "(GM) Gar (Forman) and I have been putting a lot of work in. Taj would love to be a Bull for a long time, there's no question about that."
  • The Bulls place a high value on Gibson and privately "acknowledge he's a keeper," Sam writes, but the presence of Carlos Boozer, who has three years and $47.1MM left on his contract, at his position complicates matters. The Bulls have an October 31st deadline to extend Gibson and keep him from becoming a restricted free agent next summer. 
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