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.

Bulls say Jimmy Butler has knee strain, no timetable for return

<> during the second half at TD Garden on December 9, 2015 in Boston, Massachusetts. The Celtics defeat the Bulls 105-100.
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Exhale, Bulls fans. Jimmy Butler‘s left knee injury isn’t as serious as it looked. The injury, which Butler suffered just before halftime of Friday night’s Bulls loss in Denver, looked bad at the time, and Butler had to be carted off the court. But on Saturday, the Bulls announced that an MRI revealed no tear in the knee, just a strain, and he’ll go back to Chicago to get treatment.

An MRI performed today on Bulls forward Jimmy Butler’s left knee confirmed that he sustained a knee strain in the second quarter of last night’s game against the Denver Nuggets.  The timeline for his return to play will be determined by further evaluation in Chicago and his response to treatment.

Butler will not play tonight in Minnesota. Beyond that, it’s unclear. But the fact that it’s just a strain and not anything more serious indicates that he won’t be out long.

Report: NBA considering expanding rosters for greater D-League integration

NEW YORK, NY - OCTOBER 04:  A detail of the NBA Players Association logo with the slogan " THe Players' Union FIghting for You" is seen on Theo Ratliff of the Los Angeles Lakers as Derek Fisher, President of the National Basketball Players Association, speaks at a press conference after NBA labor negotiations at The Westin Times Square on October 4, 2011 in New York City.  (Photo by Patrick McDermott/Getty Images)
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The NBA Development League is in a weird place right now. It’s growing as more teams are placing importance on it and adding single-affiliate franchises, but it’s still not a true minor league. Players don’t make very much money unless they’re already signed to NBA deals, and teams have to have an open roster spot or waive someone they have currently signed to call someone up. Unless you’re sure you’re going to get called up at some point, it’s smarter for fringe players to sign overseas to make more money than go to the D-League.

The NBA is trying to do something about that. According to a new report, the league is interested in potentially expanding NBA teams’ rosters as part of the next CBA to allow for greater integration between the NBA and the D-League, and allow teams to have a couple of so-called “two-way” roster spots.

From Scott Howard-Cooper of NBA.com:

The NBA likes the idea of expanding rosters from the current limit of 15 to as many as 17 as part of the next Collective Bargaining Agreement with the additional spots designated for two-way contracts that will mean more money for some players and more control of select prospects for the parent clubs.

While it will be one of several major issues on the table as the league and the players’ union eventually ramp up negotiations on the new CBA that could end as soon as the conclusion of the 2016-17 season, if either side opts out by Dec. 15, the concept of a contract that would cover the minor leagues as well as the majors is a pressing topic for the hopeful D-League. And since the NBA runs the executive side of the D-League as well as most of the basketball operations for the minor-league clubs, the D-League and the NBA usually speak as one.

The proposal would mean as many as 60 new jobs for players, if rosters do increase by two and depending how many of the 30 NBA teams utilize both spots. That, in turn, would mean a deeper talent pool for the D-League as it grows from 19 teams this season to 22 in 2016-17 and possibly more in what is projected to be the first season of the new CBA. And that would mean more prospects for the NBA to develop without paying major-league salaries.

According to the report, players signed into these two-way roster spots could make as much as $100,000 to play in the D-League (player salaries currently max out around $25,000), which could incentivize players to stay home and play in the D-League rather than pursue overseas opportunities.

The plan is still early enough in the discussion stage that one of the most bottom-line elements — money — has not been settled. According to insiders, though, the thinking is to set the minor-league portion of the dual contract in the neighborhood of $100,000 a season, give or take $25,000.

That would only be for hopefuls with two-way contracts, not all D-League players with salaries that currently peak at $25,000 if they have no NBA deal. Salaries of players sent down with NBA contracts, usually rookies or second-year prospects, would not be altered. But even with a small number of players in the minors impacted, officials figure the chance to make a minimum of $100,000, while showcasing themselves in front of NBA scouts and executives most every game, while getting to be relatively close to home, will convince 60 players to accept a deal in the minors in North America rather than opt for more money overseas.

If the player with a two-way deal gets promoted, he will make the pro-rated minimum of NBA money. If he is sent back down, it will be with the cushion of $100,000 as the floor for the season, not the $25,000, $19,000 and even $13,000 (based on current numbers) others are making in the minors. There is also the possibility those tiers could increase with the next CBA as well.

Obviously, this isn’t going to happen until the next CBA is announced, if then. But it makes total sense, especially as the NBA gets closer to having true one-to-one affiliation. Right now, there are 19 D-League teams, each affiliated with an NBA team—10 as single-affiliates and nine under hybrid ownership models. Next year, the Bulls, Hornets and Nets are set to have their own D-League teams as well. It’s not hard to imagine that within the next few years, all 30 teams will have their own affiliates. And when that happens, there will need to be a mechanism in place for them to call players up and send them down that’s more in line with a true minor-league system like the one Major League Baseball employs. Even if that involves paying D-Leaguers more money and paying for two extra roster spots, it’s worth the trade-off in the long term if more top basketball talent stays in America rather than going overseas.

Report: Nets progressing in GM search, should have one by trade deadline

NEW YORK, NY - NOVEMBER 23:  Center court sports a projected Brooklyn Nets logo prior to the game against the Los Angeles Clippers at the Barclays Center on November 23, 2012 in the Brooklyn borough of New York City. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and/or using this photograph, user is consenting to the terms and conditions of the Getty Images License Agreement.  (Photo by Bruce Bennett/Getty Images)
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The Nets have been without a general manager since January 10, when Billy King stepped down coinciding with the firing of head coach Lionel Hollins. Since then, a few names have come up in rumors about their search, including Danny Ferry, who appears to be out of the running. But there may be a new GM in place soon.

Via Tim Bontemps of the Washington Post:

Not that the Nets will be able to do much at the deadline, since they don’t really have a lot to trade that will be of interest to other teams, and at 13-38 they’re already essentially out of playoff contention. But having a GM in place will allow them to get a head start on planning for the offseason, which will include free agency, hiring a new coach, scouting for the draft … actually, forget that last part.

Mavs rookie Salah Mejri tries to talk trash, Gregg Popovich and Tim Duncan laugh at him (VIDEO)

DALLAS, TX - OCTOBER 21:  Eric Bledsoe #2 of the Phoenix Suns is fouled by Salah Mejri #50 of the Dallas Mavericks during a preseason game at American Airlines Center on October 21, 2015 in Dallas, Texas.   NOTE TO USER:  User expressly acknowledges and agrees that, by downloading and or using photograph, User is consenting to the terms and conditions of the Getty Images License Agreement.  (Photo by Ronald Martinez/Getty Images)
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The Spurs beat the Mavericks by 26 points on Friday night, a game all of the Dallas players would love to forget. But there was a funny moment for rookie big man Salah Mejri: after a dunk, he appeared to yell something at the San Antonio bench. Gregg Popovich and Tim Duncan were completely nonplussed.

For what it’s worth, Mejri later tweeted that he wasn’t intending to be disrespectful.