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Jabari Parker Signs Two-Year Deal With Bulls

July 14th, 2018 at 12:43pm CST by marksuleymanov

12:43pm: The Bulls have officially announced their new deal with Parker, issuing a press release to confirm the signing. As detailed below, it’s a two-year, $40MM agreement, but it’s only guaranteed for the first year.

11:09am: The Bulls have agreed to a two-year, $40MM deal with Jabari Parker, who became an unrestricted free agent after the Bucks rescinded their qualifying offer, tweets ESPN’s Adrian Wojnarowski. It was reported that the Bucks did not unilaterally withdraw their qualifying offer ahead of Friday’s deadline, but the team did so today with Parker’s consent.

Bucks general manager Jon Horst said to ESPN that the organization wasn’t going to match an offer sheet and decided to let Parker negotiate a deal as an unrestricted free agent.

“Jabari and I felt it was in the best interest of both he and the team to rescind our qualifying offer, making him an unrestricted free agent,” Horst said in a statement. “We appreciate everything Jabari has brought to our team and our community over the last four years and we wish him well.”

While Parker was reportedly interested in joining his hometown Bulls, earlier reports suggested he wanted to return to Milwaukee. Instead, Parker departs Milwaukee for a chance to prove he can stay healthy for a full season.

“I am extremely grateful to the Bucks and the incredible fans of Milwaukee for showing me so much love and encouragement,” Parker said in a statement. “Specifically, I’d like to thank Jon, Marc, Wes and Jamie for giving me my start in the NBA and supporting me throughout my career.”

Parker, 23, is a former second overall pick in the 2014 NBA Draft who has shown flashes of his potential but has seen his career impacted by two ACL tears in his left knee.

After missing the start of the 2017/18 season, Parker returned to play in 31 games, averaging 12.6 PPG and 4.9 RPG in 24.0 minutes per contest. A year prior, Parker was in the midst of a career season, averaging 20.1 PPG and 6.2 RPG before tearing his ACL a second time. As Hoops Rumors wrote earlier this year, Parker is one of 97 NBA players to tear an ACL since 1970 and is one of nine players to do so twice.

With the troubled injury history, the second year of Parker’s new deal with the Bulls is a team option, Wojnarowski tweets. This lowers risk for the Bulls if Parker’s left knee fails to hold up and also gives him the option to pursue a long-term deal with Chicago if he can stay healthy and productive.

Since 2010, 33 players have torn their ACL and none of them have gone on to make an All-Star team after the injury. For Parker, this significant guarantee signals the chance to prove his left knee is capable of handling a full season and worth a more significant investment.

Image courtesy of USA Today Sports.

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Bulls, Jabari Parker Discuss Possible Offer

July 14th, 2018 at 9:04am CST by Dana Gauruder

JULY 14: The Bucks did not rescind their qualifying offer to Parker by Friday’s deadline, tweets Matt Velazquez of the Journal Sentinel. While Parker remains a restricted free agent, it remains unlikely that he returns to Milwaukee given Chicago’s expected offer, Velazquez adds.

JULY 13, 6:49pm: Chicago is close to signing Parker on a short-term deal, according to K.C. Johnson of the Chicago Tribune.

5:17pm: The Bulls are progressing on an offer sheet to Bucks restricted free agent forward Jabari Parker, Adrian Wojnarowski of ESPN tweets. A number of topics are still been discussed by Chicago’s front office and Parker’s representatives, Wojnarowski adds.

The Bucks would have 48 hours to match any offer that Parker might receive. However, it appears that if Chicago truly wants Parker, Milwaukee won’t go to great lengths to keep him. The Bucks are unlikely to match an offer sheet for Parker, according to a follow-up story by Wojnarowski. In fact, Milwaukee has mulled the possibility of pulling Parker’s qualifying offer and making him an unrestricted free agent.

This would go a long way toward explaining the Bulls’ recent moves. Chicago has been clearing cap space in recent days by trading Jerian Grant, waiving Sean Kilpatrick, and withdrawing David Nwaba‘s qualifying offer. The Bulls could open up as much as $20.6MM in cap space if they also renounced Noah Vonleh‘s rights and waive Paul Zipser and Julyan Stone, ESPN’s Bobby Marks tweets.

The Bucks would have to clear salary in order to avoid moving into luxury-tax territory if they chose to match a competitive offer sheet to Parker, Marks notes in another tweet.

Parker is a Chicago native and has been linked to the Bulls in multiple reports.

With Lauri Markkanen entrenched at power forward, the Bulls apparently view Parker as a solution at small forward. The 6’8” Parker, who has suffered two major knee injuries in his young career, averaged 12.6 PPG and 4.9 RPG in 31 games last season after returning from his latest injury.

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Eastern Rumors: Parker, Bulls, Bucks, Faried

July 13th, 2018 at 3:09pm CST by Luke Adams

Amidst speculation that the Bulls are clearing cap room for a major move, multiple reports continue to link Chicago native Jabari Parker to the club.

One NBA executive who spoke to Gery Woelfel of The Racine Journal Times claimed that the Bulls are “most definitely” interested in Parker, while Vincent Goodwill of NBC Sports Chicago says he thinks “there’s some smoke” to rumors connecting the team to the Bucks‘ restricted free agent. Sources say Parker would like to be a Bull, Goodwill adds (Twitter link).

While it’s possible that the Bulls are gearing up to make a play for Parker, I’m not sure he’s an ideal match for their roster, given that he fits best at the power forward spot. Chicago has already made one big long-term commitment this month by matching Zach LaVine‘s offer sheet with Sacramento. For a team said to be prioritizing cap flexibility going forward, a lucrative offer sheet for Parker would be a surprise, which makes me wonder if the supposed mutual interest is stronger on Parker’s side than on the Bulls’ side.

As we wait to see how Parker’s market plays out, here are a few more notes and rumors from around the Eastern Conference:

  • Within his latest article, Woelfel writes that the Bucks have been exploring possible trades for Matthew Dellavedova and John Henson, but haven’t had any success.
  • The Nets and Kenneth Faried‘s representatives were set to talk this morning to see what the team’s plan is for Faried, per TNT’s David Aldridge (Twitter link). There have been no indications yet that Brooklyn plans to buy out Faried — if the team offers him a larger role than the one he had in Denver, he may be happy to stick with the Nets for 2018/19.
  • In a mailbag focusing on the Magic‘s point guard situation, Josh Robbins of The Orlando Sentinel reiterates that the team’s interest in Isaiah Thomas was overstated, writing that the front office talked to Thomas’ camp, but never pursued a contract agreement.
  • In order to succeed with the Wizards, newly-signed center Dwight Howard will have to be willing to make some sacrifices for the team, John Wall told Chase Hughes of NBC Sports Washington. “He has to buy into that and not try to say it’s all about him or try to do this for himself,” Wall said. “Just do it for the whole team and group and I think we will be fine.”
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Cavaliers Notes: White, Doncic, Parker, Love

July 12th, 2018 at 5:03pm CST by Arthur Hill

Okaro White has a chance to win a roster spot with the Cavaliers, but first he has to overcome the effects of a broken left foot he suffered in November, writes Joe Vardon of Cleveland.com. White’s foot has fully healed, but he is still struggling with the psychological aspects of the injury and admits he’s “babying” it.

“I just gotta get through,” said White, who is part of the Cavaliers’ entry in the Las Vegas Summer League. “I’m old enough, I’m not young anymore, so I gotta get over it [mentally] and try to find a way to showcase my ability.”

White started four games for the Heat before the injury, but it wound up ending his season. He was shipped to the Hawks at the trade deadline, then signed with the Cavs in March, but never took the court for either team. The 25-year-old forward has a non-guaranteed $1,544,951 contract for 2018/19.

There’s more news out of Cleveland:

  • The Cavaliers passed on an opportunity to trade up on draft night and snag Luka Doncic, Vardon reports in a separate story. A source tells Vardon that Cleveland had an offer from Atlanta that included the No. 3 pick and Kent Bazemore, who will make more than $18MM next season with a $19.27MM option for 2019/20. However, the Cavs wanted Collin Sexton and were confident they could get him at No. 8.
  • With LeBron James gone, the Cavaliers should take a gamble on Jabari Parker, according to Greg Swartz of Bleacher Report. The second player taken in the 2014 draft, Parker could become a dynamic scorer and rebounder if he can fully bounce back from his second ACL surgery. Swartz suggests Cleveland should use its $8.6MM mid-level exception to offer Parker a two-year contract. That would give him $13.3MM more in guaranteed money than if he accepts his $4.3MM qualifying offer with the Bucks, and it would put him back on the open market in 2020 when he’ll only be 25. Swartz recommends a few other moves for the Cavs, including re-signing Rodney Hood, working out an extension with Larry Nance Jr., trying to trade veterans such as J.R. Smith and Tristan Thompson and taking on unwanted contracts to stockpile draft picks.
  • Chris Fedor of Cleveland.com suggests several trades involving Kevin Love, listing the Trail Blazers, Heat, Lakers, Suns and Jazz as possible destinations.
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Bucks Notes: Ilyasova, Parker, Lopez, Zeller

July 8th, 2018 at 8:37pm CST by ChrisCrouse

The Bucks are thrilled to have Ersan Ilyasova back on the squad after three seasons without the former second-round pick.

“Ersan is a high IQ player, he can shoot the ball so he gives Giannis and the rest of the team space,” GM Jon Horst said (via the Behind the Buck Pass’ Twitter feed). “He’s competitive, he’s tough, and he knows our system, he knows our community, he knows our players. He was a guy we focused on in free agency, and we’ll be excited to add him.”

Milwaukee agreed to terms on a three-year, $21MM deal as free agency began last weekend. Here’s more from Milwaukee:

  • Horst discussed the Jabari Parker‘s pending restricted free agency during an appearance on NBATV (h/t Adam McGee of Behind the Buck Pass). “We’ve had great conversations [with Parker and his agent], we’re in contact every day. I think the market will dictate some of it, but we’ll continue to work on it and we’ll see how it turns out,” Horst said.
  • Kevin Pelton of ESPN.com examines why Brook Lopez didn’t fetch a more lucrative deal than the one-year, $3.4MM contract he agreed to with the Bucks. While Lopez will provide Milwaukee with a proven scorer in the paint, his lack of foot speed will make it difficult for him to have a defensive impact. Pelton notes that the big man’s ability to shoot from behind the arc will help the team space the floor on offense.
  • The arrival of Lopez likely means Tyler Zeller‘s time in Milwaukee will come to an end, Pelton speculates in the same piece. Zeller’s $1.9MM salary is non-guaranteed and the Bucks will have to be careful in the margins if they plan on making an offer to Parker without going into the luxury tax. If the Bucks waive both Zeller and Brandon Jennings, whose $2.2MM salary does not become guaranteed until August 1, they’d have approximately $11.5MM of financial wiggle room below the luxury tax line.
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Central Notes: Robinson, Pacers’ Plans, Thomas, Bucks Cap

July 8th, 2018 at 4:41pm CST by Dana Gauruder

The addition of swingman Glenn Robinson III filled the Pistons’ biggest need this offseason, according to Keith Langlois of Pistons.com. The Pistons didn’t anticipate an early commitment but a phone call from new coach Dwane Casey as the start of free agency helped to seal the deal with the ex-Pacers wing. Robinson received a two-year, $8.3MM contract. “We didn’t expect we would get Glenn that quickly,” senior advisor Ed Stefanski said. “We felt getting the two-year commitment was huge to us. To find a young wing who can make a shot, they’re hard to find in the league. When the opportunity came up that quickly, we felt we had to make a move. If it wasn’t for him, we would still be out there looking for a guy.”

In other news involving Central Division teams:

  • Pacers GM Kevin Pritchard hopes to use a majority of next summer’s cap space on his own free agents, Mark Monteith of Pacers.com reports. Rotation players Thaddeus Young, Darren Collison, Cory Joseph, Bojan Bogdanovic, and Tyreke Evans could all be free agents next summer, which would free up as much as $57MM in cap space, Monteith notes. But Pritchard would prefer to use most of the money to re-sign some of those players, as he told Monteith. “We have the season like we want to have, our free agents will be the priority,” he said. “I think this team has a chance to grow this year. … We already know these guys. They become our priority in free agency.”
  • Rookie second-round pick Khyri Thomas could get playing time with the Pistons through his defensive prowess, Rod Beard of the Detroit News writes. The swingman out of Creighton views himself as a defensive specialist. “When I was younger, I didn’t get the ball a lot playing with older people so I just stole the ball to get it,” he told Beard.
  • The addition of center Brook Lopez gives the Bucks 13 guaranteed contracts for next season but they’re still $15MM away from being hard-capped, according to ESPN’s Bobby Marks. Lopez reportedly agreed to a one-year deal on Sunday. Milwaukee still has to deal with restricted free agent Jabari Parker‘s status, as he remains unsigned, but they could gain more flexibility since the contracts for Tyler Zeller and Brandon Jennings are not guaranteed, Marks adds.
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FA Rumors: LaVine, Parker, Jefferson, Beasley

July 6th, 2018 at 3:21pm CST by Luke Adams

While the Bulls and Zach LaVine aren’t necessarily close to a deal, the team has had communication with LaVine and his representatives, writes K.C. Johnson of The Chicago Tribune. According to Johnson, the Bulls assured LaVine that speculation they wanted to do a $14MM-per-year deal wasn’t accurate, and have “proactively” negotiated in good faith with his camp on a deal that could be in the range of $18MM annually.

That seems like a very reasonable number for LaVine, particularly since only two other teams can currently offer a deal worth anything close to that, and neither of those teams seems to be pushing hard for the Bulls guard. As Johnson details, the Bulls don’t want to let LaVine get away and aren’t eager to have him play on his qualifying offer, so it seems like there’s a good chance the two sides will eventually get something done.

Here are a few more free agent notes and rumors from around the NBA:

  • The market for Bucks RFA Jabari Parker hasn’t materialized like he hoped, tweets Jordan Schultz of Yahoo Sports, noting that there may be some league-wide concern about Parker’s attitude and health.
  • After being waived by the Pacers, Al Jefferson is considering playing overseas for the 2018/19 season, Indiana president of basketball operations Kevin Pritchard said today (Twitter link via Tony East of 8 Points, 9 Seconds).
  • Michael Beasley hasn’t heard from the Knicks since free agency began, according to Marc Berman of The New York Post. A source tells Berman that Beasley, who is drawing interest from a couple teams, is “disappointed” in the lack of interest from the Knicks, but understands that they’re “going young.”
  • Longtime NBA forward Dorell Wright is finalizing an agreement to sign with Lokomotiv Kuban in Russia, tweets international basketball reporter David Pick.
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Kings To Focus On Trade Market With Cap Room?

July 6th, 2018 at 9:43am CST by Luke Adams

The Kings are one of three NBA teams with significant cap room still available and have been linked to big-name restricted free agents like Jabari Parker and Zach LaVine within the last week or two. However, rather than making a bid for an RFA, Sacramento may take another route with its cap space.

According to Jason Jones of The Sacramento Bee, the Kings intend to focus on the trade market, hoping to use their cap room to absorb an unwanted contract or two and collect extra draft assets. The ideal scenario for the team, Jones suggests, would be to acquire a veteran small forward in a trade and pick up a 2019 first-rounder, since Sacramento’s own 2019 pick is headed to the Celtics or Sixers.

While Jones confirms that Sacramento has expressed interest in Parker and LaVine, the prospect of reshaping the roster around either player, plus the uncertainty surrounding an offer sheet – which could be matched by the Bucks and Bulls, respectively – may ultimately discourage the club from pursuing either RFA. The Kings also view Parker as a power forward and aren’t looking to add more players at that spot, Jones notes.

The Kings have been on the lookout for a small forward in free agency, offering slightly more money to Mario Hezonja than the $6.5MM he’ll reportedly receive from the Knicks. However, if the team can add a small forward in a trade that also includes another asset or two, it may be a win in both the short- and long-term for the franchise.

While Jones doesn’t identify any specific trade partners the Kings may talk to, Bobby Marks’ list of clubs with the highest projected 2018/19 team salaries gives us a pretty good idea of which teams might be looking to cut costs.

The Thunder are one possible trade partner, though Alex Abrines and Kyle Singler may not appeal much to the Kings, and Carmelo Anthony is unlikely to approve a trade to Sacramento. The Raptors could be an intriguing fit if they’re looking to get out of the tax, or at least to reduce their projected tax bill — Norman Powell is believed to be available, and C.J. Miles could be too.

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Pacific Notes: Lakers, Knight, Kings

July 5th, 2018 at 10:08pm CST by Austin Kent

There’s pressure on the Lakers to get a second star, but it’s far from urgent, Eric Pincus of Bleacher Report writes. So long as the franchise continues to practice patience, they’ll remain flexible enough to have options.

As things stand, the club has $5.7MM in cap space. That figure could grow to as much as $15.5MM if the club waives and stretches Luol Deng‘s contract over three seasons. They can get as high as $22.8MM if they can unload the deal altogether with “at least a first-rounder attached,” Pincus says. That flexibility would make a Brandon Ingram-for-Kawhi Leonard swap financially feasible.

Of course the Lakers could wait to see if a different trade for a star beckons, as reports suggest with Jimmy Butler and as is at least borderline conceivable with Damian Lillard.

An alternative to making a move this season would be giving center Brook Lopez the Lakers’ remaining $5.7MM of cap space on a one-year deal, retaining all of their young players in an audition to see who best fits with LeBron James, then going out shopping for a star next summer.

There’s more out of the Pacific Division tonight:

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Free Agent Notes: Bucks, Parker, Anderson, Bjelica

July 5th, 2018 at 10:17am CST by Luke Adams

When they agreed to sign Ersan Ilyasova to a three-year, $21MM contract early in free agency, the Bucks committed to hard-capping themselves for the 2018/19 league year. Teams that acquire a player via sign-and-trade or use more than $5.337MM of the mid-level exception will have a hard cap of $129.817MM this year, and Milwaukee will have to take one of those paths to add Ilyasova.

In hard-capping themselves, the Bucks essentially drew a line in their negotiations with Jabari Parker, ESPN’s Bobby Marks notes during an appearance on Adrian Wojnarowski’s Woj Pod. As Marks explains, with that hard cap in place, the Bucks likely won’t be able to offer Parker more than about $15-17MM, which essentially caps the negotiations between the two sides at that point.

Marks observes that the situation is similar to what the Pistons did last year with Kentavious Caldwell-Pope. Detroit also had a hard cap after using most of its MLE, and could only go up to a certain point for Caldwell-Pope, who reportedly turned down an offer worth a total of $80MM-ish and ended up settling for a one-year, $18MM deal with the Lakers. If Parker can’t find a lucrative offer sheet with another team, he’ll have to be wary of ending up in a similar spot, so it will be interesting to see whether he can work out a multiyear deal with the Bucks or if he’ll consider signing his one-year qualifying offer.

Here are a few more free agent notes and rumors:

  • The Spurs want to retain restricted free agent Kyle Anderson and intend to work on a deal for him, Wojnarowski said in his podcast.
  • Nemanja Bjelica had six total offers that were all somewhat comparable to the one he agreed to with the Sixers, tweets Darren Wolfson of 5 Eyewitness News. According to Wolfson, head coach Brett Brown and the opportunity to make a deep playoff run were factors in Bjelica’s choice.
  • While there were rumblings that Greek forward Kostas Papanikolaou was mulling an NBA return, he’ll remain with Olympiacos. The team officially announced a new deal for Papanikolaou today (hat tip to Sportando).
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