Atlanta Hawks v Chicago Bulls

Chicago Bulls creating offseason trade options with latest signings (updated)

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Update: I miscalculated. The Bulls are safe from the luxury tax — at least unless Joakim Noah and Taj Gibson each get $500,00 bonuses.

Because Andrew Bynum signed with the Pacers, Chicago can set off a portion of his salary ($105,564 in this case) — an amount I didn’t account for. That leaves them $791,165 beneath the tax line — more than the $750,000 in leeway discussed below.

Noah ($500,000 for All-NBA first team) and Gibson ($500,00 for All-Defensive first team) could still send the Bulls into the tax. However, even if the Bulls hadn’t signed Ronnie Brewer, Lou Amundson, Mike James and Greg Smith, they still would have had more than $750,00 but less than $1 million in leeway.

So, Chicago can absorb a $500,00 Noah bonus for All-NBA first team and a $250,00 Gibson bonus for All-Defensive second team and avoid the tax. But if Noah and Gibson each get $500,000 bonuses, Chicago will pay the tax.

It’s the same situation regardless of whether the Bulls made their latest run of signings.

In sum, these signings won’t make the Bulls more likely to pay the luxury tax, but they’ll cost Chicago a few extra real dollars. In return, the Bulls get more trade flexibility — a definite win for them.

Original post: The Chicago Bulls, like every team, would like to avoid the luxury tax.

Not only are luxury-tax penalties already costlier than ever, repeater penalties loom. If a team might be willing to pay the tax only while contending, it’s especially prudent not to pay the tax when out of contention.

That’s what makes the Bulls’ situation so fascinating.

With all due respect to the marvelous job Tom Thibodeau, Joakim Noah and crew have done this season, Chicago is an extreme longshot to win the 2014 championship. But once Derrick Rose gets healthy, Nikola Mirotic signs, the Bulls use both their 2014 first-round picks (one from Charlotte) and exhaust their pending cap space… Chicago could get really good – and really expensive – in a hurry.

Yet, the Bulls have flirted with the luxury-tax line this season while still remaining pretty competitive. It’s a tight line to walk – wanting to keep salary low without completely blowing up the team (a dichotomy the Luol Deng trade accomplished).

Chicago caught a big break in that quest when they waived Erik Murphy and the Jazz claimed him, removing his salary from the Bulls’ books. That positioned Chicago to add up to three players and leave $750,000 in leeway under the luxury-tax line for performance incentives potentially due to Joakim Noah ($500,00 for All-NBA first team) and/or Taj Gibson ($500,00 for All-Defensive first team or $250,000 for All-Defensive second team).

The Bulls opted to go another way, though.

Chicago signed Ronnie Brewer, Lou Amundson and Mike James to minimum-salary multi-year contracts, according to Larry Coon. Amundson’s’ agent, Mike Bartelstein, confirmed his client’s contract was for two years. James’ agent, Bernie Lee, did the same for his client.

The multiple years matter, because the NBA pays a portion of the minimum salaries for veterans with at least three years experience and the league’s portion of the payments are not taxed – but only for one-year, 10-day and rest-of-season contracts. By signing those three to multi-year deals, Chicago assumed all payments and the increased tax burden that comes with them.

On the positive side, the Bulls signed Greg Smith – who surprisingly cleared waivers – without having to worry losing their $750,000 leeway, because they’d already lost it.

Smith – like Brewer, Amundson and James – could prove useful in trades after the season. Smith is a talented young big man, and the other three have unguaranteed contracts, according to Coon. That allows their salaries to help a trade match, and then they could be released them without penalty.

All in all, the Bulls are now $685,601 below the luxury-tax line – meaning they can absorb only one of the bonuses potentially due to Noah and/or Gibson without paying the tax.

If the bonuses due to Noah and Gibson fall short of $750,000, the Bulls win. They’ll avoid the luxury tax and will have added potentially useful trade assets.

But if Noah and Gibson both hit their incentives, the Bulls will pay the tax, though they’ll still have tradable assets in Smith, Brewer, Amundson and James.

It’s a calculated risk that I think will work. I project Noah to make the All-NBA first team, but I don’t have Taj Gibson making an All-Defensive team.

However, the downside – paying the tax – is high enough that I don’t believe the multi-year deals were worth it. Had the Bulls waited until Saturday to sign Brewer, Amundson and James, Chicago would have kept its $750,000 luxury-tax leeway and still signed Smith, anyway.

Chicago is choosing to play with tax fire to better position itself for a trade later, perhaps a revealing strategy about the franchise’s long-term plans.

Kyrie Irving feels validated after hitting game-winning shot to bring title to Cleveland

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Back in July during the pre-Olympics USA Camp in Las Vegas, I asked Kyrie Irving what had changed for him, what was different for him after winning an NBA title. His answer was about the doors it opened, the possibilities that suddenly felt available to him. A month after winning the title he still seemed a little overwhelmed by the experience, and he hadn’t fully processed it yet. Which is completely understandable.

Now, as training camp is set to open for the Cavaliers and their defense of that title, Irving clearly has gotten used to being a champion — and he feels validated. Look at what he told Joe Varden of the Cleveland Plain Dealer.

“Yes, my life’s changed drastically,” Irving told cleveland.com Saturday, during Irving’s friendship walk and basketball challenge downtown for Best Buddies, Ohio — an organization that gives social growth and employment opportunities to people with intellectual and developmental disabilities.

“It’s kind of, you’re waiting for that validation from everyone, I guess, to be considered one of the top players in the league at the highest stage,” Irving said. “That kind of changed. I was just trying to earn everyone’s respect as much as I could.”

It’s amazing to think of the impact one shot — Irving’s three over Stephen Curry with 53 seconds left in Game 7 — can have. If he misses, there is less pressure on the Warriors to answer with a three, maybe they come down and get a bucket inside for two (one could argue they should have done that anyway rather than hunt for the three), from there maybe the Warriors win. If so, that could change everything from Kevin Durant‘s summer plans to what the Cavaliers’ roster looks like today — there’s a good chance Cleveland’s lineup would have changed if they lost to the Warriors two Finals in a row.

One shot can have that kind of impact on a player, too.

Kyrie Irving was one of the top five point guards in the NBA for a while, a score first guy but one who had some floor general in him and got some steals. A lot of time seemed to be spent focusing on his flaws defensively and passing. But with that shot, he feels validated. If he carries that confidence into next season, the Cavaliers just got better.

Check out top 50 plays from Kevin Garnett’s Hall of Fame career (VIDEO)

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First Kobe Bryant. Then Tim Duncan.

Now Kevin Garnett. The Hall of Fame class in five years is going to be stacked.

But before we move on from Garnett’s announcement this week that he is retiring after 21 years in the NBA, let’s look back at his greatest plays (compiled by the folks at NBA.com). Enjoy this for 11 minutes rather than watching your NFL fantasy team flounder. Again.

D’Angelo Russell said he used to play as Luke Walton on NBA 2K; Stephen Jackson calls that crap

LOS ANGELES, CA - MARCH 30: D'Angelo Russell #1 of the Los Angeles Lakers speaks during a news conference to discuss the controversy with teammate Nick Young before the start of the NBA game against the Miami Heat at Staples Center March 30, 2016, in Los Angeles, California. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using the photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Kevork Djansezian/Getty Images)
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Did anyone ever fire up NBA 2K9 back in the day, decide to be the soon-to-be-champion Lakers, look at a roster with Kobe Bryant, Pau Gasol, and Lamar Odom then say “I’m going to be Luke Walton”?

D'Angelo Russell says he did.

The Lakers young point guard has praised the new Laker coach at every turn — Russell and Byron Scott did not get along, the point guard is much happier now — and that includes talking about Walton’s playing days to Kevin Ding of Bleacher Report.

“I told him I remember playing with him on (NBA) 2K; I used to always play as him. I’m a fan. I’m definitely a fan. Because he was a point forward. I can’t speak on Elgin Baylor and all those guys, but my era, I know he was a point forward.”

Really? NBA veteran and current analyst Stephen Jackson called Russell out on that.

Jackson has a point.

Report: No, J.R. Smith isn’t talking to Sixers

CLEVELAND, OH -  JUNE 22: J.R. Smith #5 of the Cleveland Cavaliers celebrates with the fans during the Cleveland Cavaliers 2016 championship victory parade and rally on June 22, 2016 in Cleveland, Ohio. (Photo by Jason Miller/Getty Images)
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What is with the ridiculous, unrealistic Philadelphia 76ers rumors of late? Last I checked recreational use was not legal in Pennsylvania. Not that the law is stopping anyone.

The latest silliness follows this logic:

This summer the Sixers made runs at veteran guards such as Jamal Crawford and Manu Ginobili (and they forced the Spurs to pay up for the Argentinian to keep him).

The Cleveland Cavaliers and J.R. Smith are in a staring contest, and Smith remains a free agent.

The Sixers have more than $22 million in cap space still.

So…

No. Not happening.

Or, we could have just asked Smith who has said he is not talking to other teams and doesn’t want to play anywhere but Cleveland.

I can get why Sixers management would want to bring a veteran and beloved, hard-working pro such as Ginobili in to lead and mentor a young team. Does Smith bring that same demeanor? I get that Smith in Cleveland has developed his game, and that he has matured and backed off his hard-partying ways (he gets a hall pass for the days after winning a championship), but is Smith the veteran you bring into a young locker room?

Can we move on from the ridiculous in Pennslyvania? Well, probably not until after the election, that is a battleground state.