The Bulls will receive $1,566,570 in cash from the Rockets in the Carmelo Anthony trade, reports Eric Pincus of Basketball Insiders (via Twitter). As was the case with the deal the two teams completed earlier in the month involving Michael Carter-Williams, Houston will send that cash in installments — 10 payments of $66,657 will be followed by a lump sum of $900K before July, according to Pincus, who adds that Chicago didn’t require Anthony to pass a physical or report to the team to finalize the swap.
Each NBA team is permitted to send and receive no more than $5.243MM in trades during the 2018/19 league year. As our breakdown of traded cash shows, Houston is now nearly at its limit, with only about $566K still available to send out. Chicago, meanwhile, could still receive up to about $2.61MM.
Here’s more on the Bulls:
- Mark Schanowski of NBC Sports Chicago identifies a number of important issues the Bulls will be evaluating during the second half of the season, including whether or not head coach Jim Boylen should return next season, Kris Dunn‘s potential to be the club’s long-term answer at point guard, and whether Bobby Portis deserves a lucrative new deal in the offseason.
- In a column for The Chicago Sun-Times, Joe Cowley makes a case for why the Bulls need to strongly consider replacing general manager Gar Forman.
- Meanwhile, over at The Chicago Tribune, K.C. Johnson argues that this offseason is the right time for the Bulls to bring former MVP Derrick Rose back home to Chicago.
- During an appearance on Nate Duncan’s Dunc’d On podcast, Chris Haynes of Yahoo Sports revisited the near–revolt that took place early in Jim Boylen‘s tenure as Bulls head coach, noting that Zach LaVine was “kind of running things” and that Robin Lopez was the veteran who helped hold things together.