Bulls Notes: Rondo, Butler, Hoiberg, Gibson

The Bulls don’t plan to buy out Rajon Rondo, tweets K.C. Johnson of The Chicago Tribune. GM Gar Forman confirmed that tonight, telling reporters the organization would rather hold onto the veteran point guard and use his contract as a trade chip in the offseason. Rondo signed a two-year deal with Chicago in July, but only $3MM of his $13,397,000 salary for next season is guaranteed before June 30. Rondo’s time with the Bulls has been a disappointment, as he was benched briefly, then relegated to the second unit. Although he has been effective in that role, there’s no guarantee it will continue after today’s trade for Cameron Payne.

There’s more post-deadline news out of Chicago:

  • The Celtics were willing to include one of the Nets’ first-rounders in trade talks for Jimmy Butler, but sources tell Johnson that Boston wanted to place protections on it (Twitter link). The scope of those protections was not released.
  • Bulls executive John Paxson says the organization wouldn’t commit to rebuilding without “certainty” and never got close to that in any of the offers for Butler (Twitter link). He acknowledges that trade discussions with the Celtics will probably start again by June, and insists Chicago’s playoff fate won’t factor into the decision on Butler (Twitter link).
  • Paxson hasn’t wavered in his support for coach Fred Hoiberg, saying there has been growth in his second season behind the bench (Twitter link).
  • The deal that sent Taj Gibson to Oklahoma City was made to create more playing time for Bobby Portis and Denzel Valentine (Twitter link). “When you’re trying to develop a team with young players, you need them to get on the floor,” Paxson said (Twitter link).
  • Gibson said he knew of eight teams that were trying to trade for him (Twitter link). “The hardest part was seeing people’s faces on the way out,” Gibson said in a radio interview. “It’s family.”
  • Gibson would consider coming back to Chicago “at the right price,” tweets Nick Friedell of ESPN.com. He will be a free agent this summer after making $8.95MM this season. Gibson also indicated that he would consider being a coach with the Bulls when his playing days are finished (Twitter link).
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