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Bulls Notes: Rondo, Hoiberg, Butler, Mirotic

May 3rd, 2017 at 12:34pm CST by Luke Adams

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

May 3rd, 2017 at 10:20am CST by Luke Adams

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

Jimmy Butler ($18,696,918)
Robin Lopez ($13,788,500)
Rajon Rondo ($3,000,000) — Partial guarantee. Non-guaranteed portion noted below.¹
Cameron Payne ($2,203,440)
Denzel Valentine ($2,186,400)
Jerian Grant ($1,713,840)
Bobby Portis ($1,516,320)
Paul Zipser ($1,312,611)
Isaiah Canaan ($200,000) — Partial guarantee. Non-guaranteed portion noted below.²
Total: $44,618,029

Player Options

Dwyane Wade ($23,800,000)
Total: $23,800,000

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

Nikola Mirotic ($7,228,063 qualifying offer / $10,986,655 cap hold)
Michael Carter-Williams ($4,187,598 qualifying offer / $7,958,815 cap hold)
Joffrey Lauvergne ($2,137,149 qualifying offer / $3,248,466 cap hold)
Cristiano Felicio ($1,671,382 qualifying offer / $1,671,382 cap hold)
Total: $23,865,318

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:

Rondo’s salary becomes fully guaranteed after June 30.
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

May 1st, 2017 at 11:37am CST by Arthur Hill

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

April 29th, 2017 at 5:07pm CST by Arthur Hill

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

April 29th, 2017 at 9:03am CST by Austin Kent

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

April 28th, 2017 at 10:57pm CST by Arthur Hill

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

April 28th, 2017 at 8:32pm CST by Arthur Hill

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.

Rondo Remains Unlikely To Play

April 27th, 2017 at 6:57pm CST by ChrisCrouse

Rajon Rondo, who was reportedly unable to play over the last three games because of a thumb injury, revealed that he also has a torn ligament in his wrist, Nick Friedell of ESPN.com tweets. The point guard remains a “longshot” to play in the Bulls‘ first-round series, according to K.C. Johnson of The Chicago Tribune (Twitter link).

Rajon Rondo Won’t Play In Game 5

April 26th, 2017 at 10:10am CST by Luke Adams

10:10am: Rondo won’t play in Game 5, he confirmed this morning to reporters, admitting that he still can’t do much with injured thumb (Twitter links via K.C. Johnson of The Chicago Tribune). His potential availability for Game 6 remains up in the air.

9:29am: Rajon Rondo has missed just two games since suffering a fractured thumb in Game 2 of the Bulls’ first round series against the Celtics. However, the veteran point guard is anxious to return and participated in a late-night workout on Tuesday to assess whether he’s healthy enough to get back on the court for Game 5, per Marc Stein and Marc Spears of ESPN.com.

According to the ESPN duo, Rondo held the session to test both his thumb and his ailing right wrist in an effort to get a sense of whether a comeback for Game 5 is feasible. Shams Charania of The Vertical suggests there’s a belief around Rondo and the Bulls that a Game 5 return isn’t out of the question, but both ESPN and The Vertical suggest no final determination will be made until closer to game time.

“He wants to play bad,” a source close to Rondo told ESPN on Tuesday night. “As of right now, it’s still tender and he’s erring on the side of waiting until Game 6. But knowing him, he could change his mind in the morning and try to play.”

We heard earlier on Tuesday that Rondo had been ruled out for Game 5, with head coach Fred Hoiberg suggesting that even a Game 6 return was a “long shot,” so it seems that the point guard is attempting to force the issue.

The Bulls looked like a different team in the first two games of the series with Rondo leading the way. The former Celtic averaged 11.5 PPG, 10.0 APG, 8.5 RPG, and 3.5 SPG in the Bulls’ two victories in Boston. With the series now tied at two games apiece, Chicago would love to get Rondo back in the lineup, but it remains to be seen how effective he can be, even if he’s able to play.

In Rondo’s absence, Jerian Grant and Michael Carter-Williams have struggled. The Bulls are expected to start Isaiah Canaan at the point in Game 5 is Rondo remains on the shelf.

Rajon Rondo Hoping To Return In First Round

April 25th, 2017 at 7:00pm CST by Luke Adams

When the Bulls first announced Rajon Rondo‘s thumb fracture on Friday, they indicated that he’d be re-evaluated in seven to 10 days and may not be ready to return at that time. However, with Chicago’s first round series now tied at two games apiece, it sounds like the veteran point guard may be looking to force the issue.

According to Nick Friedell of ESPN.com, Rondo has been ruled out for Game 5 on Wednesday, but was taking jump shots before Tuesday’s practice, with his hand no longer in a hard cast. Bulls head coach Fred Hoiberg insisted today that it’s still a “long shot” that Rondo gets back on the court in the series, but he acknowledged that it’s a possibility.

“It’s so early in the process,” Hoiberg said of Rondo’s potential return for the Bulls. “Just watching him wince a little bit as the ball was coming to him makes me think it’s a long shot, but if there’s anybody that can do it, will try to fight through it, it’s Rondo. Just because the competitor that he is and obviously wanting to get back out there. Doing everything that he can to put himself into position, knowing that it’s obviously still a long shot for that to happen.”