Chicago Bulls Rumors | Hoops Rumors

Bulls Turn Attention To Possible Zach LaVine Extension

September 29th, 2017 at 5:52pm CST by Austin Kent

The Bulls have had a busy week signing Nikola Mirotic and buying out Dwyane Wade. Now, Joe Cowley of the Chicago Sun-Times writes, the team will turn its attention to Zach LaVine, their recently acquired guard currently eligible for a contract extension.

“They [the Bulls and his representation] have had some conversations,” LaVine said. “It doesn’t really matter to me. I’m going to let all that take care of itself. I know I’m a big part of this team and I’m excited to be in negotiations with them. I want to be here for a long period of time. If it’s now or later, I know it’s going to be done either way.”

The guard averaged 18.9 points per game for the Timberwolves last season before tearing his ACL last February. He, along with Kris Dunn and the No. 7 pick ended up with the Bulls in the Jimmy Butler deal.

Just yesterday we wrote about how the Bulls’ front office was clear about their intentions to build around a core that featured the 22-year-old dunk contest champion. Whether that means committing to him on the heels of a significant injury before he even suits up for a game, however, is a whole other question.

Front Office Clearly Embraces Rebuild

September 28th, 2017 at 10:11pm CST by Austin Kent

The Bulls have fully embraced a rebuild and it’s centered around Zach LaVine, Kris Dunn and Lauri Markkanen. Vice president of basketball operations John Paxson and general manager Gar Forman declared as much at media day, Joe Cowley of the Chicago Sun-Times.

The three players mentioned were all acquired a draft day deal between the Bulls and Timberwolves that sent Jimmy Butler to Minnesota. The change of course to embrace a rebuild came after a season of trade rumors and speculation that the organization should dismantle its core (among other things).

Bulls Sign Bronson Koenig

September 28th, 2017 at 1:58pm CST by Luke Adams

SEPTEMBER 28: The Bulls have officially signed Koenig, according to a press release issued by the club.

SEPTEMBER 27: Having been waived by the Bucks less than a week ago, rookie guard Bronson Koenig is poised to join a new NBA team. According to Jonathan Givony of ESPN, Koenig will sign a training camp contract with the Bulls, who have an open spot on their 20-man roster after buying out Dwyane Wade.

Koenig, 22, went undrafted this spring after finishing his college career at Wisconsin. As a senior in 2016/17, Koenig averaged 14.5 PPG, 2.1 RPG, and 2.0 APG, shooting 39.5% on three-point attempts. He made 2.9 threes per game.

Koenig caught on with Milwaukee this summer, becoming the first player to sign a two-way contract with the club. However, after signing Koenig and Jalen Moore to fill the two-way slots on their roster, the Bucks waived both players this month, opting to fill their roster with 20 players on NBA contracts and figure out those two-way spots later.

The Bulls will now have a full roster, including 13 players on fully guaranteed contracts. Koenig will join Jarell Eddie, Jaylen Johnson, David Nwaba, and Diamond Stone as camp invitees without guaranteed salaries. Ryan Arcidiacono and Antonio Blakeney are currently occupying the club’s two-way slots.

Fallout From The Nikola Mirotic Deal

September 26th, 2017 at 6:31pm CST by ChrisCrouse

Nikola Mirotic, who recently came to terms with Chicago on a two-year deal, knew all along that he would play another game with the Bulls, K.C. Johnson of the Chicago Tribune tweets. Mirotic added that he was prepared to play under his qualifying offer, which would have paid him approximately $7.23MM this season, if the Bulls didn’t present him with a desirable offer.

Mirotic’s new deal will pay him $27MM over the next two years, though the contract contains a team option for the 2018/19 campaign. He knows that he would have brought home a much larger contract had he hit the market just one year prior, but he remains grateful for the opportunity to play in Chicago.

“If I was in this position like last year, you know, I’m sure that I would get much more pay, but it’s just not about the money, to be honest,’’ Mirotic said (via Joe Cowley of the Chicago Sun Times). “Coming from Europe, I was very happy there with the contract, and it’s more about being happy where you are, feeling comfortable with you and your family. I knew that my wife, my son, would be very happy in Chicago, too, so it was a goal.’’

Here’s more on Mirotic:

Mirotic’s salary for the 2017/18 season is guaranteed for $12.5MM, according to ESPN’s Zach Lowe (Twitter link). Lowe adds that the power forward could earn an additional $1MM in incentives this season.
According to Mirotic, the Bulls want to play a different style of offense than they have in the past, Vincent Goodwill of Comcast Sportsnet relays (Twitter links).“We want to play fast. No more holding the ball. We’re not gonna be bad like people think,” Mirotic said. Goodwill believes that Mirotic’s comments were meant as a shot toward Jimmy Butler and Dwyane Wade, both of whom are no longer on the squad.
Coach Fred Hoiberg indicates that Mirotic will compete with Bobby Portis and No. 7 overall pick Lauri Markkanen for the starting power forward spot, as Cowley relays in the aforementioned piece. The 26-year-old looks forward to earning his spot.“Whatever they ask me to do, I will try to do my best,’’ Mirotic said. “I think playing [the four or five], it depends on the style that Fred looks for in me.”

Bulls Re-Sign Nikola Mirotic

September 26th, 2017 at 12:17pm CST by marksuleymanov

SEPTEMBER 26: The Bulls have officially re-signed Mirotic, the team announced today in a press release. The club’s roster count is now at 19 players, including 13 on guaranteed deals.

SEPTEMBER 24: The Bulls have agreed to re-sign Nikola Mirotic to a two-year, $27MM deal, according to Shams Charania of The Vertical. Mirotic has a right to veto any trade in the first year of his new Bulls deal, Charania adds. Mitrocic’s second year will include a team option, per Vincent Goodwill of CSN Chicago (Twitter link).

Mirotic, 26, has been a steady scoring presence for Chicago the last three seasons. The Montenegro native averaged 10.6 PPG and 5.5 RPG in 70 games (15 starts) for the Bulls last season. The 6’10” forward was one of the last restricted free agents on the market — with Mirotic returning to Chicago and Alex Len signing his qualifying offer in Phoenix, Grizzlies forward JaMychal Green is now the final unsigned RFA.

Earlier this week, we noted that Mirotic had not made any progress but that his qualifying offer remained on the table. Now, he has a multiyear deal that will keep him in Chicago.

Bulls Buy Out Dwyane Wade

September 25th, 2017 at 4:25pm CST by Austin Kent

SEPTEMBER 25, 4:25pm: Wade has been formally placed on waivers, Shams Charania of The Vertical tweets. He will clear waivers on Wednesday, Charania adds.

SEPTEMBER 24, 8:36pm: The Bulls and Dwyane Wade have reached an agreement on a buyout, K.C. Johnson of the Chicago Tribune tweets.

The early favorites for Wade’s services are the Spurs, Cavaliers and Heat, Adrian Wojnarowski of ESPN tweets. Miami is currently positioned to pay him the most money this season.

Within minutes, Wojnarowski followed up with another tweet saying that Cleveland was a “clear frontrunner.”

Per Bobby Marks of ESPN, the Heat can sign Wade for $4.2MM and the Spurs can sign him for $3.3MM. The Cavaliers at $2.5MM could pay little over the veteran’s minimum.

The idea of Wade suiting up elsewhere in 2017/18 has been a popular topic ever since the organization traded Jimmy Butler to the Timberwolves earlier this summer.

It’s been said that Wade felt misled by the organization at the beginning of the offseason, given assurances that the team would remain competitive in his final year with the squad should he opt into his 2017/18 player option.

Wade, of course, did opt in but the Bulls soon changed course, trading Butler for a package centered around Zach LaVine and Minnesota’s No. 7 overall pick.

In the months since, the Bulls and Wade have gone back and forth in seemingly amicable negotiations.

Per Wojnarowski (also on Twitter), Wade will forfeit about $8MM of his $23.8MM contract, leaving the Bulls on the hook for around $16MM through 2017/18.

Considering that Chicago currently runs the risk of falling below the salary floor for the season, keeping the bulk of the veteran’s deal on their books isn’t particularly cumbersome.

Chicago came to an agreement with Nikola Mirotic earlier today that would have pushed the Bulls above the $89.2MM floor but the Wade buyout will drop them below yet again as training camps around the league begin in earnest.

Photo courtesy of USA Today Sports Images.

Latest On Dwyane Wade

September 25th, 2017 at 10:52am CST by Luke Adams

The Bulls reached a buyout agreement with Dwyane Wade on Sunday, and while that transaction hasn’t yet been made official, the future Hall-of-Famer is expected to be waived and reached the free agent market very soon.

We heard on Sunday night that the Cavaliers are the early frontrunners for Wade’s services, and that hasn’t changed today — Alex Kennedy of HoopsHype notes (via Twitter) that LeBron James and other Cavs are recruiting the veteran guard, and TNT’s David Aldridge tweets that there’s a “strong belief” Wade will end up in Cleveland.

Still, the Cavs will hardly be the only team in the running for Wade. Let’s dive in and round up all the latest on the situation…

Carmelo Anthony and Paul George have started recruiting Wade on behalf of the Thunder, sources tell Kennedy (Twitter link). The Lakers are also among the teams that have reached out to Wade, Kennedy adds (via Twitter).
The Heat would welcome back Wade with open arms, with one player suggesting that the locker room is “100% hoping it happens,” tweets Tim Reynolds of The Associated Press. However, Miami hadn’t formally reached out as of Sunday night, per Kennedy (Twitter link).
Speaking to Reynolds, Wade indicated on Sunday night that he’s looking to find a new NBA home quickly. “I’m going to take tonight and some of tomorrow and speak to the teams or players that are on my list and go from there,” Wade said on Sunday night. “My decision is a pure basketball decision and I’ll make the one that fits me best at this point in my career, and with what I feel I have to offer a team that needs what I have to offer.”
In a conversation with K.C. Johnson of The Chicago Tribune, Wade praised the Bulls and said he had no complaints about the way the franchise dealt with him, though he questioned the club’s decision to trade Jimmy Butler and embark on a full-fledged rebuild. “You’ve got one of the top five or six players in the game [in Butler],” Wade said. “That’s what you want and you were able to build that in-house. I was a little disappointed because being up 2-0 versus Boston on the road, Rondo goes down. If that doesn’t happen, we’re having a different conversation.”

Central Notes: Thompson, Cavaliers, LaVine, Collins, Pistons

September 24th, 2017 at 4:59pm CST by marksuleymanov

Before the Knicks traded Carmelo Anthony to the Thunder, the Cavaliers were another potential suitor for his services. New York wanted Cleveland center Tristan Thompson in a deal for Anthony but the Cavaliers rejected that offer, according to Joe Vardon of Cleveland.com.

The Knicks wanted cost-friendly, young, and productive assets in exchange for Anthony. Thompson, 26, is under contract for three seasons but will make a hefty salary, starting with $16.4MM in 2017/18. Vardon reports that Cleveland was willing to part with other sizeable contracts on the roster — primarily Iman Shumpert and his $11MM salary — but no deal was reached.

New York still acquired a young, controllable center for Anthony as Enes Kanter came to New York in the deal. Kanter will take in nearly $20.6MM this upcoming season and holds an $18.6MM player option for 2018/19.

Read more news from the Central Division:

In his latest mailbag, Vardon answered several questions about the Cavaliers ahead of training camp. Vardon believes it is possible that the team trades Brooklyn’s 2018 first-round pick (acquired in the Kyrie Irving trade) for an elite talent.
Zach LaVine, who was acquired from the Timberwolves in the Jimmy Butler deal, is coming off a serious injury as he prepares for his first season in Chicago. However, former Bulls head coach and current Timberwolves head coach Tom Thibodeau feels that LaVine, still just 22 years old, has tremendous upside, Joe Cowley of the Chicago Sun-Times writes.
During a recent podcast, Cowley spoke about what the hiring of Doug Collins as a senior adviser for the Bulls means for the team.
NBA.com’s Sam Smith previews the Bulls’ 2017/18 season by examining how the team’s mostly young core will develop.
NBA.com’s Keith Langlois looks at several storylines entering the Pistons‘ season. Among those storylines include Avery Bradley adjusting to Detroit, Luke Kennard‘s first impressions, and Reggie Jackson returning to form.

Cavaliers Notes: James, Anthony, Cousins, Wade

September 24th, 2017 at 4:02pm CST by Arthur Hill

Don’t expect a firm answer from LeBron James tomorrow when Media Day questions turn to his future, writes Joe Vardon of Cleveland.com. Monday will mark the first time the Cavaliers star has spoken to reporters since Game 5 of the NBA Finals and the first time since rumors emerged that he has plans to join the Lakers as a free agent next July. LeBron will probably tell the media that he hasn’t made up his mind, which Vardon believes is true.

The talk about LeBron’s next decision will overshadow other issues surrounding the team heading into training camp, such as the condition of Isaiah Thomas‘ hip, the new personnel on hand, the chances of Dwyane Wade coming aboard after a buyout from the Bulls and whether the organization plans to keep or trade the unprotected first-rounder it got from Brooklyn. But Cavaliers fans had better get used to it because LeBron’s future is going to eclipse everything all season.

There’s more news out of Cleveland:

The Knicks were demanding a first-round pick from the Cavaliers in exchange for Carmelo Anthony, Vardon writes in a separate story. Anthony included Cleveland among the three teams he was willing to waive his no-trade clause to join, but the Cavs felt the price was too high.
The Cavaliers are listening to offers for the Brooklyn pick, but it’s unlikely a deal will involve either of the Pelicans’ big men, according to Sam Amico of Amicohoops. Rumors have been circulating about DeMarcus Cousins, who will be a free agent next summer, but Amico says the teams haven’t discussed a Cousins trade and the Cavs may not even be interested. Also, Amico hears that New Orleans won’t trade Anthony Davis under any circumstances.
Amico believes Wade is headed to Cleveland, possibly before the season begins. He and the Bulls are ready to part ways, and Amico sees no reason why the buyout should be a lengthy process. He passes along a few other roster details in the same piece, stating that it’s unlikely that Kay Felder or Edy Tavares earns a spot, although both could wind up with the team’s G League affiliate in Canton; most scouts like Ante Zizic, who was acquired in the Kyrie Irving trade, more than Cedi Osman; and the Cavs and Rockets “were at the one-yard line, ready to punch it in” on an Iman Shumpert trade this summer.

Heat Notes: Winslow, Olynyk, Adebayo, Wade

September 24th, 2017 at 10:04am CST by Arthur Hill

For a team that brought back nearly all its key players over the offseason, the Heat head into training camp with a lot of unanswered questions. Barry Jackson of the Miami Herald examines position battles and several other topics in his latest column:

The starting small forward position will be wide open when camp begins Tuesday, with Justise Winslow, Josh Richardson and Rodney McGruder all having a shot at it. The Heat exercised their fourth-year option on Winslow this week as the former first-rounder tries to battle back from a shoulder injury that limited him to 18 games last season. Miami was only 3-12 when he started last year and he wasn’t part of the team’s surge after the All-Star break. Richardson, who received a four-year extension this week, came into the league as a guard, but played 80% of his minutes last season at forward.
James Johnson is the favorite to start at power forward, but free agent addition Kelly Olynyk will be an intriguing addition because of his outside shooting. Olynyk shoots .368 from 3-point range for his career, compared to .296 for Johnson, although he raised that number to 34% last season. Olynyk, who was used mainly in a reserve role in Boston, will see plenty of minutes in Miami whether he starts or not.
Johnson, Olynyk and Hassan Whiteside will take up most of the center/power forward opportunities, leaving little for first-round pick Bam Adebayo, whom the Heat believe has a bright future. Winslow may also be utilized as a stretch four in small-ball lineups, so Adebayo will need a strong showing in camp to earn playing time.
Okaro White and Jordan Mickey are likely to make the roster, with A.J. Hammons holding a slight edge for the 15th spot. However, the Heat have concerns about Hammons’ work ethic and he will be challenged by shooting guard Matt Williams. Former Michigan point guard Derrick Walton has been impressive over the summer, but he has a two-way contract and can’t spend more than 45 days in the NBA.
The front office isn’t unanimous in wanting Dwyane Wade back if he agrees to a buyout with the Bulls. There are concerns about his defense at age 35, and the Heat already have five guards who can make a case for playing time.