Bulls Rumors

Heat Notes: Wade, Bosh, J. Johnson, Draft

Udonis Haslem and Tyler Johnson made a public appearance today to help Dwyane Wade sell sneakers, but they avoided questions about whether their former teammate might rejoin them with the Heat, writes Ira Winderman of The Sun Sentinel. Wade is considering whether to opt out of his $23.8MM contract with the Bulls for next season. If he does, many believe he will decide to return to Miami, where he spent his first 13 seasons. Haslem and Johnson have both been in touch with Wade since Chicago was eliminated from the playoffs last week. “He’s going to have to make the best decision for him,” Johnson said. “I know he wants to be in a situation where he’s playing for a team that’s kind of established. I don’t think he wants to go through a rebuilding process.”
There’s more news out of Miami:

  • The Heat are expected to petition the league office soon to have Chris Bosh‘s salary removed from their cap. Bosh was kept on the roster all season after failing a physical in training camp over blood clot problems that have plagued him for the past two seasons. Haslem tells Winderman in the same story that he has contacted Bosh but hasn’t discussed his NBA future. “Chris is one of those guys, when he puts his mind it, he can do anything,” Haslem said. “So he doesn’t lack opportunity. He’s going to have a lot of opportunity to do a lot of things. He’s a very well-rounded guy. And whatever he does, he’s going to be great at it.” If Bosh is able to play enough games for another team, his $52MM salary would be put back onto the Heat’s cap.
  • Free agent forward James Johnson may not be guaranteed a starting job if he
    re-signs with the Heat this summer, Winderman speculates in another piece. With Dion Waiters and Goran Dragic both starting, Johnson may give Miami too many
    players on the court at the same time who need to handle the ball. Also, Justise Winslow may claim one of the starting forward slots
    when he returns from injury.
  • Winderman examines who the Heat might take if they keep the No. 14 pick in the May 16th lottery. Players who have been linked to Miami in that spot include Duke’s Harry Giles, UCLA’s T.J.
    Leaf
    , North Carolina’s Justin Jackson, California’s Ivan Rabb, Florida State’s Jonathan Isaac, Gonzaga’s Zach Collins, Indiana’s OG Anunoby, Duke’s Luke Kennard, Wake Forest’s John Collins and two overseas players, Terrence
    Ferguson
    of Australia and Frank Ntilikina of France.

Bulls High On Payne, Don't Intend To Dis Butler

  • The Bulls are still very high on Cameron Payne, Vincent Goodwill of CSN Chicago writes, despite the fact that the guard wasn’t featured as heavily as some thought he would be following the deal in which they acquired him.
  • While they may be exploring their trade options, the Bulls mean no disrespect to starting swingman Jimmy Butler, K.C. Johnson of the Chicago Tribune writes. “Don’t misunderstand: We think the world of him. You can’t say enough good things about how this young man has made himself the player that he is,” team executive vice president John Paxson said.

Heat Notes: J. Johnson, Waiters, Wade

James Johnson is an unrestricted free agent this offseason and teammate Tyler Johnson wants him back with the Heat, reports Anthony Chiang of the Palm Beach Post. Since last summer when James signed with the Heat, the pair have been inseparable.

While James has publicly made it clear that he wishes to remain with the Heat, Tyler, who himself is under contract for three more seasons, knows that anything can happen and ultimately wants the best for his close friend. James enjoyed a career season in 2016/2017, averaging 12.8 PPG, 4.9 RPG, 3.6 APG, while shooting 47.9% coming off the bench in all but five of the 79 games he played (27.4 MPG).

Here’s more on the Heat:

  • Ira Winderman of the Sun Sentinel contends that Dion Waiters is set to field contract offers big enough “to create pause when it comes to making the Heat salary-cap math work.” Winderman cites Waiters’ excellent final half of the 2016/2017 season as reason why he’ll be coveted in free agency, despite having drawn little interest a year ago.
  • Barry Jackson of the Miami Herald writes that a Dwyane Wade reunion with the Heat is a possibility. The Bulls front office has been noncommittal about whether it will look to trade Jimmy Butler, who was perhaps the biggest reason Wade signed with the Bulls in the first place. According to Jackson, while the Heat may lack the assets to appeal to the Bulls, Pat Riley will likely at least explore the possibility of a trade for Butler, if the Bulls are taking calls.
  • Furthermore, according to Jackson, a Wade associate has indicated that he would consider re-joining the Heat under the right conditions. The veteran guard hasn’t closed the door on accepting a bench role, and if Miami were to pursue him, it would likely be for a bench role — and at a reduced salary. Wade has yet to decide whether he will opt out of the final season of his contract with the Bulls.

Bulls Notes: Rondo, Hoiberg, Butler, Mirotic

Bulls executives John Paxson and Gar Forman spoke to the media in a Wednesday press conference that lasted the better part of an hour. Although Paxson and Forman didn’t exactly lay out their offseason blueprint, several of their answers provided hints about the Bulls’ next steps.

For one, Paxson praised Rajon Rondo and said there’s a “really good chance” that the team will retain the veteran point guard for next season, per Nick Friedell of ESPN.com (Twitter link). As we outlined this morning in our Offseason Cap Digest for the Bulls, Rondo’s $13.397MM salary is currently only partially guaranteed for $3MM, so Chicago could save more than $10MM by cutting him — but likely won’t.

Here are more items of note from today’s presser, with all links via Friedell unless otherwise indicated:

  • Paxson reiterated today that Fred Hoiberg will return as the Bulls’ head coach next season (Twitter link).
  • Although Paxson acknowledged that Jimmy Butler doesn’t necessarily fit into Chicago’s desire to play with pace, he said the Bulls “know his value”and that Butler is “far and away our best player” (Twitter links via K.C. Johnson of The Chicago Tribune and Friedell).
  • The Bulls will sit down with Butler and Dwyane Wade – who has a player option – within the next few weeks to discuss their respective futures (Twitter links).
  • Both Paxson and Forman spoke about the importance of establishing more consistent roles for players next season, particularly for the Bulls’ young guys (Twitter links).
  • The Bulls value Nikola Mirotic, according to Forman, who made it clear that there’s mutual interest between the two sides in getting a new deal done for the RFA-to-be (Twitter links).
  • Asked about coaching staff changes, Paxson said the team is “in the process of looking at everything.” With Hoiberg a lock to return, any changes made would be to the assistant coaches (Twitter links via Johnson).
  • The Bulls want to add shooting and athleticism this summer, according to Paxson (Twitter link).
  • The Bulls continue to stress the idea of maintaining flexibility for 2018 and beyond. Paxson suggested that it would be “difficult” to make significant changes to the roster this summer, while Forman talked about the advantage of saving cap room rather than committing to multiple long-term deals right away (Twitter links via Friedell and Vincent Goodwill of CSNChicago.com).

2017 Offseason Salary Cap Digest: Chicago Bulls

The Bulls’ approach to the 2016 offseason was a vexing one, as they stocked up on veteran perimeter players with poor outside shots. Chicago’s questionable roster moves continued into the regular season, when the team sent a pair of rotation players to Oklahoma City in exchange for a point guard (Cameron Payne) who barely got off the bench in the playoffs. With the futures of Dwyane Wade, Rajon Rondo, and even trade candidate Jimmy Butler up in the air heading into the summer, it will be interesting to see whether the Bulls double down on their current core or head in a new direction.

Here’s where things currently stand for the Bulls financially, as we continue our Offseason Salary Cap Digest series for 2017:

Guaranteed Salary

Player Options

Team Options

  • None

Non-Guaranteed Salary

  • Rajon Rondo ($10,397,000) — Partial guarantee. Guaranteed portion noted above.1
  • Isaiah Canaan ($1,377,230) — Partial guarantee. Guaranteed portion noted above.2
  • Total: $11,774,230

Restricted Free Agents

Cap Holds

  • Dwyane Wade ($27,840,000) — If player option is declined
  • Anthony Morrow ($6,627,200)
  • No. 16 overall pick ($2,247,480)
  • Total: $36,714,680

Trade Exceptions

  • Taj Gibson TPE ($5,462,000) — Expires 2/23/18

Projected Salary Cap: $101,000,000

Maximum Cap Room: $50,872,031

  • With only two sizable guaranteed contracts on their books for next season, the Bulls could clear a significant chunk of cap room. However, it would require waiving Rondo and Canaan, not to mention renouncing all their exceptions and free agents, including Wade (assuming he turns down his player option). In that scenario, the Bulls’ remaining guaranteed salary, the cap hold for their first-round pick, and a few cap charges for empty roster spots would total $50,127,969. However, I’d expect the Bulls to hang onto Rondo and attempt to re-sign at least a couple of their restricted free agents, which will limit their cap flexibility. Wade opting in would also reduce their cap room significantly.

Footnotes:

  1. Rondo’s salary becomes fully guaranteed after June 30.
  2. Canaan’s salary becomes fully guaranteed after June 30.

Salary information from Basketball Insiders and The Vertical was used in the creation of this post.

John Paxson’s Role May Expand In Chicago

The Bulls are considering front office changes this offseason, which may include more day-to-day control of the team for vice president John Paxson, tweets Marc Stein of ESPN.com.

That ties into a story from K.C. Johnson of The Chicago Tribune, who suggests that “subtle” front office changes are in the works. Organizational meetings are planned for this week, and management may hold a press conference to announce the moves as soon as tomorrow.

Johnson notes that the Tribune reported in February that Paxson and GM Gar Forman were safe in their jobs even if the Bulls missed the playoffs. Chicago rallied to claim the eighth seed, then took a 2-0 lead over the Celtics before being eliminated in six games.
Forman has promised that coach Fred Hoiberg will return in the fall to begin his third season, even though he has become the target of fan wrath. The crowd at Game 6 was loudly chanting “Fire Hoiberg” as the final minutes ticked away.

Behind the scenes, the Reinsdorf family still has faith in its management team, but team president Michael Reinsdorf is an advocate for more debate on key decisions. Paxson’s brother, Jim, a former GM of the Cavaliers, is someone who could be given a stronger voice in the organization.

Bulls Notes: Wade, Hoiberg, Rondo, Portis

Dwyane Wade doesn’t feel the need to “ring-chase” as he considers his options for next season, relays Nick Friedell of ESPN.com. Wade has a $23.8MM player option and is in no hurry to make a decision. He plans to take a vacation, then meet with GM Gar Forman and VP of basketball operations John Paxson to discuss their plans for the team’s future. Wade’s first season in Chicago after 13 in Miami didn’t turn out the way he hoped, with the Bulls struggling to make the playoffs, then getting dispatched in the first round. Still, he likes being in Chicago and stands by the choice he made last summer. “If I could say anything, one word I could pull out, it’s just ‘different,’ as I expected to be different,” Wade explained. “Only playing in one organization my whole career [prior to this season]. The biggest thing, I came here and I was embraced, not only by the city. Up top, I was embraced by the coaches, the players, and it was some good moments and bad moments. Just like every season. But I don’t regret my decision at all.”

There’s more today out of Chicago:

  • If Wade does return, he wants Fred Hoiberg to be with him, writes Joe Cowley of The Chicago Sun-Times. Wade defended his coach today and criticized the fans who chanted “Fire Hoiberg” during Friday’s Game 6 loss. “I definitely don’t agree with the chants that were going on in the arena,’’ Wade said. “I definitely believe [Hoiberg] got better throughout this year. And I think you have more a grasp moving forward with what he wants to do with this team. You have to give people a chance.’’
  • Rajon Rondo missed his exit interview today, but it’s not a Kristaps Porzingis situation where he’s protesting the state of the team, Friedell tweets. Rondo had a family commitment and plans to reschedule the interview for next week. His future in Chicago remains uncertain as the Bulls decide whether to pick up his $13.397MM option for next season. Several young players expressed their admiration of Rondo in today’s exit interviews (Twitter link).
  • Second-year power forward Bobby Portis was playing with a severely burned foot since March 4th, Friedell reveals in a separate story. The burn was caused by a heat pack that Portis used before a game, and he kept it secret so it wouldn’t threaten his spot in the rotation. “I had a third-degree burn on my foot,” Portis said. “On top of my foot. Every time I tied my shoe up, it was right there on the spot. After the game, it would be bloody and nasty.”
  • Paul Zipser plans to play for the Bulls’ summer league team, but isn’t sure if he will join the German National Team after that, Friedell tweets.

Bulls Notes: Butler, Rondo, Payne

As the dust settles on Chicago’s elimination from the NBA postseason, the topic of conversation shifts from their impressive early series performance against the Celtics to what they’ll do in the offseason. Jimmy Butler, for what it’s worth, tells Nick Friedell of ESPN that he’d like to remain with the Bulls.

Butler is well aware of the fact that he’ll be featured heavily in trade rumors this offseason but went so far as to say that he hoped the Bulls front office would retain potential free agent Rajon Rondo. The Bulls have a player option on the second year of the veteran guard’s contract.

He’s been huge for us this year,” Butler said. “[…] But I don’t know what the future holds for anybody. So I’ll sit back and wait on that time to come.

The 27-year-old swingman put up 23.9 points, 6.2 rebounds and 5.5 assists per game for the Bulls despite the notoriously chaotic campaign and has said all the right things when it comes to his future in Chicago.

Whether the Bulls front office decides to keep the core that looked so promising in Games 1 and 2 of their first-round series together for another crack at Eastern Conference success in 2017/18, however, remains to be seen.

There’s more from Chicago:

  • It was a frustrating season for Bulls fans, one they can blame on executives Gar Forman and John Paxon. ESPN’s Nick Friedell recently wrote about how the front office hasn’t exactly stuck to the message they initially broadcast to fans about a pending rebuild.
  • Count The Vertical’s Shams Charania among those looking to make sense of the Bulls’ options heading forward. Much of what unfolds could depend on Dwyane Wade‘s player option, which at this point remains up in the air. Per Charania, Wade and Jimmy Butler will eventually discuss the decision “face-to-face”.
  • A series of ESPN Insider panelists recently discussed the looming decisions that the Bulls will have to make. Despite a dramatic 2016/17, the consensus believes we’ll see a similar roster in 2017/18 once the front office picks up Rajon Rondo’s option and Dwyane Wade takes his.
  • The Bulls still need a point guard for their future, K.C. Johnson of the Chicago Tribune writes. “It’s tough. We’re asking guys to play roles they haven’t played all year,” head coach Fred Hoiberg said of asking players like Dwyane Wade, Isaiah Canaan and even Paul Zipser to bring up the ball in their elimination game Friday.
  • The carousal of point guards that the Bulls trotted out this season didn’t impress Berry Tramel of the Oklahoman. The Thunder columnist wrote about how Cameron Payne – the supposed primary factor in the Taj Gibson deal – was Chicago’s fifth-string point guard.

Central Notes: Rondo, Hoiberg, George, Bucks

Rajon Rondo faces an uncertain future with the Bulls, but he got an endorsement from coach Fred Hoiberg after tonight’s season-ending loss, tweets Vincent Goodwill of CSNChicago. “I love Rondo,” Hoiberg told reporters. “I love the kid. I Iove coaching him.” Rondo is set to make $13.397MM next season, but only $3MM of that is guaranteed through June 30th. The 31-year-old point guard had a rocky regular season, but was instrumental in the eighth-seeded Bulls taking a 2-0 lead over the Celtics before he got hurt and missed the final four games of the series.

There’s more tonight from the Central Division:

  • There were loud chants of “Fire Hoiberg” toward the end of tonight’s 22-point loss, but the second-year coach said he sympathizes with fans who are upset (Twitter link). “I understand the frustration,” Hoiberg said. “We got off to a 2-0 lead but couldn’t finish it off. I do understand.” He has three seasons left on the five-year, $25MM contract the Bulls gave him in 2015.
  • The results of next month’s draft lottery could impact a potential Paul George trade, tweets Eric Pincus of Basketball Insiders. The Celtics, who enter the lottery with the best odds, and the Lakers, who are third, are the two teams most often mentioned as trading partners for George. Either could improve their bargaining positions by landing a top-two pick and giving the Pacers a shot at Markelle Fultz or Lonzo Ball. With Jeff Teague entering free agency, Indiana might be tempted to unload George in exchange for its point guard of the future. Pincus notes that the Celtics could trade for George and still be able to make a max offer in free agency (Twitter link).
  • The Bucks need another star but may not have the resources to add one, writes Kevin O’Connor of The Ringer. Milwaukee will be over the cap if it re-signs Greg Monroe or Tony Snell, and would have less than $20MM to offer if both players leave, not enough to attract a max-level free agent. O’Connor believes keeping Snell should be a priority. In the draft, the Bucks have all their future first-rounders, but will pick 17th this year and won’t move any higher as long as they keep making the playoffs.

Bulls To Hold Post-Playoff Meeting With Butler

The Bulls plan to meet with Jimmy Butler after the playoffs to express their support for keeping him, writes Joe Cowley of The Chicago Sun-Times.

The session will be separate from routine exit interviews, and Cowley describes it as an attempt to repair a deteriorating relationship. John Paxson, the team’s vice president of basketball operations, will attend the meeting, but it’s uncertain if GM Gar Forman will be there.

Butler was reportedly angered after hearing his name mentioned in trade rumors around the deadline and last year’s draft. He received a $95MM contract extension two years ago, but never felt like the team really committed to him.

 He was also upset when Paxson said in a press conference after the trade deadline, “You build with players. We are building with Jimmy right now.’’ Butler became determined to lead the Bulls to the playoffs and show the front office that he was the type of player to build around, not just with.

A source told Cowley that Butler has communicated to the front office and to teammates that he wants to stay in Chicago. He is expected to repeat that sentiment in the upcoming meeting, with a warning that the Bulls should stop leaking his name in trade rumors if they really want to keep him.

Butler is signed for two more seasons with a $19.84MM player option in 2019/20.