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.

Larry Bird delivers Pacers’ 2021 All-Star bid in an Indy car

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NEW YORK (AP) — Indiana wants the NBA All-Star Game and sent Larry Bird to get it – in an Indy car.

Bird drove four blocks down Fifth Avenue in his car Monday to deliver the Pacers’ bid to host the 2021 game to NBA Commissioner Adam Silver, fitting his 6-foot-9 frame into a car usually driven by much shorter people.

Bird, an Indiana native and now the Pacers president, had driven an Indy car only once, during his practice for his drive Monday.

Drawing a crowd of a couple hundred spectators, he maneuvered along the left lane, exited his yellow and blue “Larry Bird” car and called it a “little rough ride” because of his big feet and the car’s small pedals.

Silver says the Pacers, who hosted the game in 1985, would be “fantastic hosts.”

The 2018 NBA All-Star Game is in Los Angeles, and 2019 is expected to be re-awarded to Charlotte. Houston, Orlando, and a number of other cities are expected to make bids for the 2020 and 2021 games, along with Indiana.

Rajon Rondo out for Game 5, Isaiah Canaan to start… but is that Bulls’ best option late?

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Jerian Grant, and then Michael Carter-Williams, have been unmitigated disasters for the Chicago Bulls in the two games they just lost at home to the Boston Celtics, evening up the series 2-2. That’s not the only reasons for the Celtics’ surge — Boston has gang rebounded well, they’ve done a great job slowing down the tempo and taking away easy Chicago buckets, and going small has worked because Al Horford has played fantastic at the five — but if Chicago is going to still win this series, they need better play at the point.

Despite some rumors, that is not going to come from Rajon Rondo in Game 5

That means Isaiah Canaan, who played the best of any of the reserve points in Game 4, will get the start.

Canaan with the other four Bulls starters — Jimmy Butler, Dwyane Wade, Nikola Mirotic, and Robin Lopez — were +12 in 11 minutes together in Game 4, and played fantastic on both ends of the court. At least until Canaan, who had seen limited minutes most of the season, started to show signs of being tired.

That said, Canaan was on the bench for a reason at the beginning of this series — he shot 36.4 percent on the season, 26.6 percent from three, and he’s not a great defender. Expect the Celtics to try and exploit him on that end with favorable matchups in Game 5.

Which is why Fred Hoiberg needs to lean on a no point guard lineup when it matters most. Maybe not to start (you don’t want to overtax Butler and have him tired late), but in the fourth and other key moments the Bulls should break with tradition.

The Bulls were +2 in Game 3 when Rondo and Wade were the de facto point guards, and -29 when Grant or Carter-Williams was in the role. In Game 4, because Canaan played well, there was almost always a point guard on the court.

I would play Wade and Butler with rookie Denzel Valentine also on the wing — he can space the floor (35.1 percent from three this season), and the ball tends to move when he is out there. Hoiberg clearly has little trust in Valentine, and he’s not a great defender, but neither is Canaan.

The Celtics have found a stride this series, and I’m not sure the Bulls can come back and win, but if they are going to Hoiberg has to prove he’ll take risks and make big adjustments when needed in this series. Brad Stevens already made his bold move starting Gerald Green, and it worked. Can the Bulls match it?

Rumor: Paul George told former Pacers teammates he wanted to join the Lakers

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Paul George to the Lakers is a capital-T thing.

George is from Southern California, and he keeps indicating his dissatisfaction with the Pacers. He’ll be an unrestricted free agent in 2018. Even Lakers president Magic Johnson is talking about George.

Where do rumors like this originate?

Mitch Lawrence of Sporting News:

A SoCal native, he’s been talking about playing for his hometown team, the Lakers, for a long time. He’s never made his long-term intentions a secret within the Pacers’ locker room, according to former teammates. He wants to wear the purple and gold.

Did George say he dreamed of playing for the Lakers growing up? Did he say it’d be cool to join his boyhood favorite team if the situation presented itself? Or did he say he wanted to get the heck out of Indiana to join the Lakers as soon as possible?

There are so many ways his comments to teammates could get misconstrued as they get passed down in the game of telephone.

But the Lakers threat – to whatever degree it’s real – looms, and it’ll impact how the Pacers handle their offseason.

Jazz call deactivating Jeff Withey, who was accused of domestic violence, ‘strategic basketball-related decision’

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Jazz Center Jeff Withey was accused of domestic violence in a police report filed by his ex-fiancée.

Withey played a small role in Utah’s first two playoff games, but once the accusation over an alleged 2016 incident became public, he hasn’t seen the court. Withey received a DNP-CD in Game 3 against the Clippers, and the Jazz deactivated the center for Game 4 last night.

Ryan McDonald of the Deseret News:

The team called it a “strategic basketball-related decision.”

Withey was always going to see a reduced role with Rudy Gobert returning from injury.

Though Gobert didn’t play in Game 3, the Jazz had two injured players – Gobert and Alec Burks on the inactive list – so Withey was active but never played. But Withey was active for Game 1, which Gobert started healthy before injuring his knee 11 seconds in.

Therefore, deactivating Withey in Game 4 for Joel Bolomboy, a little-used second-round rookie who has yet to play in the postseason, is a curious choice for basketball reasons. It’s almost as if that wasn’t the reason.