Bulls Rumors

Latest On Dwyane Wade

Dwyane Wade feels misled by the Bulls and hasn’t talked with anyone from the front office for two months, writes Alex Kennedy of HoopsHype. Those strained feelings have led to rumors of an impending buyout and the possibility that Wade might be headed to Cleveland, Los Angeles or Miami.

Sources tell Kennedy that Wade asked management for assurances that Chicago would have a competitive team next season before deciding to opt in for $23.8MM. The front office promised him it would, so Wade announced June 21 that he will stay for another year. The next day, the Bulls traded Jimmy Butler to the Timberwolves and signaled the start of a rebuilding process.

At 35, Wade doesn’t have a lot of years left in the league and he doesn’t want to waste a season playing for a lottery team. Kennedy states Wade’s only discussions with the organization since the deal were with coach Fred Hoiberg and didn’t involve anything related to the team.

Several recent stories in the national media have been negative toward Wade, which Kennedy speculates is the Bulls’ way of angering him so he might be willing to accept less in a buyout just to get out of Chicago. A recent report from ESPN suggested the Bulls’ younger players don’t like having Wade as a teammate. A Fox Sports story claimed Wade and Butler had a strained relationship, which Butler denies.

Even if a breakup is imminent, all public comments from the Bulls’ front office have indicated Wade is staying with the team. Kennedy adds that Wade is preparing to report to training camp if a buyout doesn’t happen in the next three weeks.

A source tells Kennedy the Cavaliers and Heat are the most likely destinations for Wade once a buyout is completed. If he does go to Cleveland, he will probably become a starter, with J.R. Smith being moved to a reserve role. The Cavs see a Wade addition as a way to improve their roster and appease LeBron James before he enters free agency next summer.

Wade recently took his children out of school in Chicago and moved them back to Miami, but Kennedy warns not to read too much into the move. Wade and Heat president Pat Riley have barely communicated since their 2016 breakup, and Wade wouldn’t be guaranteed a starting spot in Miami. Other teams, such as the Nuggets and Bucks, who both tried to sign Wade last summer, could also get involved.

Central Notes: Cavaliers, Jackson, LaVine

Following last week’s completed blockbuster trade, the Cavaliers‘ roster — on paper at least — appears to be set for training camp. The only pressing issue is the health of point guard Isaiah Thomas, who is currently dealing with a hip injury that will likely force him to miss the start of the season. If Cleveland’s current roster struggles and Thomas misses significant time, the team could shop the Nets’ 2018 first round pick (acquired in last week’s trade) in search for a starting point guard, Buddy Grizzard of Basketball Insiders writes.

We examined the importance of the Cavaliers’ signing of Derrick Rose in a Community Shootaround last week. The former Most Valuable Player is a diminished player but showed he can still score with authority if healthy. However, Rose is under contract for the veteran’s minimum and not a long term piece. One player Cleveland could target with their draft pick is Suns’ point guard Eric Bledsoe.

“If Rose is not seen as the answer and too many questions surround Thomas,” Grizzard writes. “Bledsoe could be the solution. He’ll have one season remaining on his contract after this season, which could at least entice James to stay on for another two-year contract with a second-year player option.”

Check out other news tidbits from around the Central Division:

  • Reggie Jackson has not returned to basketball activities yet but Pistons coach Stan Van Gundy hopes he will be ready soon, per Vince Ellis of the Detroit Free Press (Twitter links).
  • Two-time dunk contest winner and new Bulls guard Zach LaVine is a “wild card” on the sneaker market, ESPN’s Nick DePaula writes. LaVine’s rookie deal with Nike expires at the end of September and DePaula notes that moving from the third option in Minnesota to main option in Chicago is a chance for LaVine to cash in on his new deal.
  • The Pelicans will send $2.5MM to the Bulls as part of the deal that sent Quincy Pondexter to the Windy City last week, per K.C. Johnson of the Chicago Tribune (Twitter link).

Dwyane Wade To Consider Miami, L.A. If Bought Out?

Dwyane Wade remains under contract with the Bulls for 2017/18 and appears virtually certain to open the year with the club, but he’s also considered a strong bet to be bought out at some point during the season. If and when that happens, Miami and Los Angeles are among Wade’s possible landing spots, says Barry Jackson of The Miami Herald.

According to Jackson, a Wade associate has been telling people that Miami and L.A. would appeal to the veteran guard. The Herald scribe adds that this same source was the first to inform him of trouble in contract negotiations between Wade and the Heat before the former Finals MVP left Miami as a free agent.

A return to the Heat certainly wouldn’t be out of left field for Wade — despite a breakdown in contract talks last summer, he still has a good relationship with Udonis Haslem and others within the organization. Wade’s children are also currently enrolled at a South Florida school, Jackson notes, citing WINZ-940’s Andy Slater.

As for Los Angeles, Jackson doesn’t specify whether Wade would have his eye on the Clippers or Lakers, but the Clips figure to be closer to contention this year, even without Chris Paul. The Lakers may become a more viable option for Wade in future seasons, particularly if the team could land LeBron James or another marquee free agent.

In addition to Miami and Los Angeles, Cleveland is considered a very real possibility for Wade, and the Cavaliers may still be the favorite if and when the Bulls buy him out. However, as Jackson’s report suggests, the Cavs won’t be the only team in the mix.

So far, Wade and the Bulls reportedly haven’t engaged in discussions about a buyout, though that’s expected to change in the coming months.

Markkanen's Injury Not Considered Serious

  • Bulls officials aren’t concerned about an injury that rookie Lauri Markkanen suffered during Saturday’s EuroBasket tournament, according to Vincent Goodwill of CSNChicago (Twitter link). Playing for Finland, Markkanen hurt his leg on a shot at the buzzer that could have tied the game and had to be helped off the court by teammates. However, the seventh pick in this year’s draft appears to be fine and is expected to play today.
  • A series of offseason moves has left the Bulls without the talent to compete for a playoff spot, writes A. Sherrod Blakely of CSNNE in his “30 teams in 30 days” series. Chicago signaled the start of a rebuilding project on draft day when it traded Jimmy Butler to the Timberwolves in exchange for Zach LaVine, Kris Dunn and the chance to draft Markkanen. That leaves the team with two veterans in Dwyane Wade and Robin Lopez, surrounded by a lot of unproven talent. Blakely criticizes the front office for several bad deals that turned two first-round picks, four second-rounders and Taj Gibson into a group of youngsters with Cameron Payne as the “prize” addition.

Bulls Souring On Cameron Payne

  • The Bulls may have changed their outlook on Cameron Payne‘s role with the franchise, and not for the better. Joe Cowley of the Chicago Sun Times writes that one source close to the team seemed particularly bearish. “We knew the second practice [after he was acquired] that he couldn’t play at [an NBA] level,” the source told Cowley. “The only reason it took two practices was because we thought maybe it was nerves in the first one.”
  • The Bulls have named Shawn Respert their new Director of Player Development among various other executive-level changes, a press release on the team’s official site states.

Pelicans Trade Quincy Pondexter To Bulls

SEPTEMBER 1, 2:55pm: The deal is now official, the Pelicans announced in a press release.

In exchange for Pondexter, a 2018 second-rounder, and cash, the Bulls are sending the Pelicans the draft rights to Ater Majok, according to Brett Martel of The Associated Press (Twitter link). Majok, a 2011 pick who is currently playing in Lebanon, had his rights traded from the Lakers to Chicago in last summer’s Jose Calderon swap.

AUGUST 31, 4:52pm: There has been a clarification regarding the trade courtesy of CSN Chicago’s Vincent Goodwill. The Bulls will receive Pondexter and a 2018 second-pick, as well as cash.

4:44pm: The Bulls and Pelicans are finalizing a trade that would send Quincy Pondexter to Chicago for a second-round draft pick, Shams Charania of The Vertical tweets. An update, however, suggests that it will be New Orleans giving up the pick in addition to Pondexter.

Pondexter hasn’t seen NBA action since 2014/15 when he started 28 games for the Pelicans and 30 contests total. Since then, he’s struggled through a particularly troublesome knee injury, his health remaining in limbo ahead of the 2017/18 season.

While the Bulls may end up ultimately waiving Pondexter, the second-round pick will serve them well as they navigate a long anticipated rebuild. The addition of Pondexter’s $3.9MM contract will presumably be absorbed into Chicago’s $15.3MM trade exception, Bobby Marks of ESPN tweets.

Considering New Orleans’ need for a perimeter threat in light of Solomon Hill‘s long-term hamstring injury, the 29-year-old Pondexter would be an extremely valuable asset for the franchise if there was any sense of optimism that he could be healthy for the upcoming campaign. In June, however, general manager Dell Demps spoke about how uncertain the forward’s status was.

We had previously identified Pondexter as a candidate to be waived and stretched before the August 31 deadline, particularly given New Orleans’ proximity to the tax line. However, by finding a trade partner for the veteran swingman, the Pelicans will avoid carrying his cap hit in 2017/18 or stretching it across the next three seasons.

Where Things Stand On Kyrie Irving Blockbuster

It has been eight days since both the Celtics and Cavaliers announced the completion of a trade that sent Kyrie Irving to Boston in exchange for Isaiah Thomas, Jae Crowder, Ante Zizic, and the Nets’ 2018 first-round pick. However, more than a week later, we still can’t classify the deal as “completed.”

As first reported last Friday by ESPN, the Cavaliers expressed concern after their own doctors conducted a physical exam on Thomas’ injured hip. That concern has pushed the Cavaliers to re-engage the Celtics about acquiring further compensation in the blockbuster deal. Although it took a few days for the two sides to make contact again, that reportedly happened on Tuesday.

Here’s a breakdown of what we know about the situation, and when we can expect resolution:

Read more

NBA Draft Rights Held: Central Division

When top college prospects like Markelle Fultz or Lonzo Ball are drafted, there’s virtually no doubt that their next step will involve signing an NBA contract. However, that’s not the case for every player who is selected in the NBA draft, particularly for international prospects and second-round picks.

When an NBA team uses a draft pick on a player, it gains his NBA rights, but that doesn’t mean the player will sign an NBA contract right away. International prospects will often remain with their professional team overseas for at least one more year to develop their game further, becoming “draft-and-stash” prospects. Nikola Mirotic, Dario Saric, and Bogdan Bogdanovic are among the more notable players to fit this bill in recent years.

However, draft-and-stash players can be former NCAA standouts too. Sometimes a college prospect selected with a late second round pick will end up playing overseas or in the G League for a year or two if there’s no space available on his NBA team’s 15-man roster.

While these players sometimes make their way to their NBA teams, others never do. Many clubs around the NBA currently hold the rights to international players who have remained overseas for their entire professional careers and are no longer viewed as top prospects. Those players may never come stateside, but there’s often no reason for NBA teams to renounce their rights — those rights can sometimes be used as placeholders in trades.

For instance, earlier this summer, the Pacers and Raptors agreed to a trade that sent Cory Joseph to Indiana. Toronto was happy to move Joseph’s salary and didn’t necessarily need anything in return, but the Pacers had to send something in the deal. Rather than including an NBA player or a draft pick, Indiana sent Toronto the draft rights to Emir Preldzic, the 57th overall pick in the 2009 draft.

Preldzic is currently playing for Galatasaray in Turkey, and at this point appears unlikely to ever come to the NBA, but his draft rights have been a useful trade chip over the years — the Pacers/Raptors swap represented the fourth time since 2010 that Preldzic’s NBA rights have been included in a trade.

Over the next several days, we’re taking a closer look at the players whose draft rights NBA teams currently hold, sorting them by division. These players may eventually arrive in America and join their respective NBA teams, but many will end up like Preldzic, plying their trade overseas and having their draft rights used as pawns in NBA trades.

Here’s a breakdown of the draft rights held by Central teams:

Chicago Bulls

Cleveland Cavaliers

Detroit Pistons

  • None

Indiana Pacers

  • Andrew Betts, C (1998; No. 50): Retired.

Milwaukee Bucks

  • Andrei Fetisov, F (1994; No. 36): Retired.
  • Eurelijus Zukauskas, C (1995; No. 54): Retired.

Previously:

Information from Mark Porcaro and Basketball Insiders was used in the creation of this post.

Latest On Kyrie Irving Trade

The biggest trade of the NBA offseason remains in flux, as the Cavaliers determine what their next move is after conducting a physical exam on Isaiah Thomas‘ troublesome hip. According to Steve Kyler of Basketball Insiders (Twitter link), the two teams have until 9:00am central time on Thursday to finalize an agreement on the trade, though they could agree to extend that deadline.

As Kyler explains (Twitter links), the concern from the Cavaliers’ side appears to stem from the Celtics‘ assessment of Thomas’ hip. Boston believed that the veteran point guard wouldn’t require surgery on his hip, but Cavs doctors aren’t as certain about that diagnosis, which is why Cleveland is believed to be seeking further compensation. Still, as of Sunday, the Cavs hadn’t formally asked the C’s for more pieces, per Joe Vardon of Cleveland.com (Twitter link).

Here’s more on the mega-deal as we wait to see if it becomes fully official:

  • If the Cavaliers fear that Thomas will miss a chunk of the 2017/18 season due to the hip injury, acquiring another asset that could help them improve their point guard depth figures to be a priority, tweets Kyler. Kyler suggests (via Twitter) that adding Terry Rozier to the Irving deal could be one option, but notes that adding another draft pick would also make sense, since that pick could potentially be attached to Iman Shumpert in a separate trade.
  • Speaking of Shumpert, the Cavs are still looking to trade him, writes Terry Pluto of Cleveland.com. Pluto adds that there’s still not much interest in Shumpert, who will be difficult to move, though Kyler tweets that teams like the Rockets, Mavericks, and Bulls have expressed some interest — it’s not clear if those teams are all still viable trade partners for Cleveland.
  • Both teams have plenty to lose if they were to void this trade, according to Jeff Zillgitt of USA Today, who expects the Celtics and Cavs to find a way to get it done, even if one team is a bit less happy about the outcome. A. Sherrod Blakely of CSNNE.com also presents five reasons why the deal will eventually be completed.
  • At least one player involved in the trade apparently anticipates it being finalized. As Vardon details in a Cleveland.com article, Jae Crowder has been photographed wearing Cavaliers gear. Vardon adds (via Twitter) that Crowder took his physical with the Cavs last week and is looking forward to playing for the franchise.

Nerlens Noel May Face Similar Market in 2018

Mavericks center Nerlens Noel will take his chances as an unrestricted free agent next summer after accepting the team’s $4.1 MM qualifying offer for this season. There were conflicting reports about whether Dallas ever offered a four-year deal in the $70MM range, but regardless, the third-year big man is committed to one more season with the Mavs for less than he made last year.

The lack of interest is partially the plight of being a restricted free agent, but ESPN’s Kevin Pelton [Insider account] isn’t sure Noel will get the max offer he wants in 2018.

There will be fewer teams with money to spend, as Pelton identifies just six franchises that appear to have the cap room to extend a max offer. One of those is the Lakers, who figure to have their eyes on bigger prizes than Noel. The Pacers with Myles Turner and the Jazz with Rudy Gobert won’t be spending money on another center, and the Sixers don’t figure to bring Noel back to town.

That leaves just the Hawks, who could have more than $30MM available if Dewayne Dedmon and Mike Muscala both turn down their player options, and the Bulls, who seem destined to have more than $40MM and might be ready for a new direction in the middle.

Pelton notes that it has been a particularly rough summer for free agent centers, with Pau Gasol getting the largest contract by re-signing with the Spurs for $49MM over three years. With many teams de-emphasizing the position and others already set, unrestricted free agency won’t gurantee Noel the payday he wants.