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.

Nikola Mirotic, Bobby Portis lead way, Bulls blow out Kyrie-less Celtics 108-85

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CHICAGO (AP) — Nikola Mirotic and Bobby Portis are starting to draw attention for their play together instead of their fight with each other.

Mirotic scored 24 points, Portis added a career-high 23 and the Chicago Bulls blew out Boston 108-85 on Monday night with Celtics star Kyrie Irving sidelined because of a bruised left quadriceps.

Owners of the NBA’s worst record, the Bulls (6-20) built an 18-point lead in the second quarter against the Eastern Conference leaders. And when Boston cut it to 12 in the fourth, the Bulls simply pulled away for their third straight win.

Leading the way were two players who made headlines for all the wrong reasons before the season started.

Their fight at practice left Mirotic with facial fractures, causing him to miss the first 23 games. Portis served an eight-game suspension.

But the two have played well together the past two games.

“We need to give the credit to (coach Fred Hoiberg),” Mirotic said. “Fred is the one who is making us play. He’s the guy who is calling the plays for us and putting us in the right spots to play.”

As for the fight?

“Man, that situation’s over,” Portis said. “Everybody’s talking about that. But that doesn’t matter anymore. We’re just trying to win games.”

Mirotic made his first start of the season with leading scorer Lauri Markkanen sidelined because of back spasms and shot 9 of 14 with eight rebounds. Through three games, the 6-foot-10 forward is averaging 16.3 points.

Portis shot 10 of 15 and nailed all three 3-pointers.

Al Horford scored 15 for Boston (23-6). Jaylen Brown, Marcus Smart and Terry Rozier added 13 points apiece in the Celtics’ most lopsided loss of the season.

“Sometimes you get your butt kicked. It was simple as that,” coach Brad Stevens said. “Chicago dictated the whole game. They played harder than we did. They played with more presence than we did. They played more competitive than we did. They played with more authority than we did. You’re not going to win many games when you play like that.”

 

Russell Westbrook threw it down all over Michael Kidd-Gilchrist

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A rough night for the Thunder will not stop the Russell Westbrook highlights.

The Thunder had another poor game and fell to a Hornets. Westbrook tried to push the team back, but the Thunder defense that has kept them in games all season was not good enough against Charlotte, and the OKC offense was once again up and down.

Westbrook had 30 points on 22 shots on the night, and none of them were as impressive as this transition throwdown on Michael Kidd-Gilchrist.

Jahlil Okafor excited about fresh start with Nets

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NEW YORK (AP) — Jahlil Okafor finally got the fresh start he wanted.

Okafor was the consensus No. 1 high school player in his class, won a national championship at Duke, and averaged 17.5 points and seven rebounds in his rookie campaign for the Philadelphia 76ers.

Then things changed drastically.

Okafor struggled with injuries and a logjam at his position in his second season.

“When I first got drafted there, we already had Nerlens (Noel) there, Joel (Embiid) was there, so we’re trying to have three starting centers on the same team,” Okafor said Monday at his introductory news conference with his new team, the Brooklyn Nets.

“It just never really was the right fit.”

The 76ers traded Okafor along with seldom-used guard Nik Stauskas and two draft picks to the Nets on Thursday. Philadelphia got forward Trevor Booker from Brooklyn.

Okafor also had off-court problems during his time in Philadelphia. He got a speeding ticket for driving 108 miles per hour and was suspended by the 76ers for two games after in an altercation outside of a Boston nightclub with a heckler.

“Speeding obviously is illegal,” Okafor said. “I know that’s not what you’re supposed to do. I guess you just learn how the page can turn on you and how everything can flip. I can’t really say I learned anything, because you know going in that’s not right. You just learn from your mistakes, but (it was) a tough thing that I went through, I got past, and I’m looking to better times now.”

Okafor, the third overall pick in the 2015 draft, joins D'Angelo Russell, the second overall pick in the same draft class, on the Nets.

“We’re just very excited to get on the court together,” Okafor said. “You never would’ve thought the number two and number three picks would be playing on the same team a few years after, but like I said, everything happens for a reason and I’m really excited.”

Russell also had problems on and off the court with the team that drafted him. He was criticized for recording a video of former Lakers teammate Nick Young that aired sordid details about Young’s private life. The Lakers gave up on Russell and drafted Lonzo Ball as his replacement.

“I feel like we’re similar in that we have a lot to prove,” Okafor said. “I know he’s working his (butt) off as well. Right now he’s rehabbing, trying to get back on the court. I think we both have a chip on our shoulder and we have a lot to prove. We’re definitely similar in that regard.”

Okafor understands he has areas to improve, mainly defense and rebounding.

“I’m not a perfect player,” Okafor said. “I’m 21. There are things that I need to work on, that I have worked on and that I’ll continue to work on.”

He’s excited about fulfilling his potential with a new team.

“I feel really motivated right now, but I’ve always been motivated,” Okafor said. “This is the first time where people are against me in a sense because I’ve always been the hyped-up guy. It’s something new for me to experience, so I’m glad that I am experiencing it.”

 

Report: Celtics’ Marcus Morris to miss “extended time” to let knee heal

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Marcus Morris missed the Celtics’ first eight games of the season in an effort to get healthy. Upon his return he’s been solid, first as a starter, then coming off the bench, but his left knee continued to be an issue.

Morris was out Sunday when the Celtics beat the Pistons, and he’s going to miss more time trying to get a troublesome left knee right, reports Shams Charania of The Vertical at Yahoo Sports.

How much time is “extended time?” Probably at least a couple of weeks.

Morris has averaged 12.1 points and 5.5 rebounds a game this season, with a true shooting percentage of 52.5, which is right around the league average.

This could mean more run for rookie forwards Semi Ojeleye and Daniel Theis, both of whom have played well in limited minutes.