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.

Father trolls son with signs at NBA games saying he will join dad when grades improve

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As a father who has threatened to take things away from my daughters if some behavior/school situation didn’t change (then felt bad when I had to follow through on the threat), I appreciate parents willing to follow through on what they say.

But this guy is taking it to a new level.

This father showed up at two nationally televised games this week with a sign and a message for his son.

Good on Dad for following through and not caving and taking his kid to the games, but the signs are a kicker.

As Matt Moore points out at CBSSports.com (who gets the hat tip for finding this, he better never do this to his son), how much time does this dad have, he was in Charlotte for the Cavaliers game, then in Houston. Did he spend a Spring Break traveling the country to go to NBA games and troll his kid? (It makes you wonder if it’s real.)

Steven Adams, Enes Kanter with another Russell Westbrook for MVP video

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I don’t know if Russell Westbrook is going to win the MVP award this season — Sunday night’s showdown with James Harden didn’t clear up the picture. This year’s four-way race (also with Kawhi Leonard and LeBron James) is one of the most interesting and even ones in decades.

If Westbrook doesn’t win, don’t blame Steven Adams and Enes Kanter.

The Stash Brothers, the roommates, are doing their best with videos to promote him. And take subtle jabs at Westbrook’s fashion sense.

Dennis Schroder insists reeling Hawks OK despite seven-game skid

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ATLANTA (AP) — Dennis Schroder insists the Atlanta Hawks will be fine when their three injures starters return.

The point guard also believes the Eastern Conference playoff standings are too tight for the Hawks to wait for Paul Millsap, Kent Bazemore and Thabo Sefolosha to return from their injuries.

Schroder said the Hawks must snap their seven-game losing streak with their current limited roster, which will be without the three starters for at least one more game.

“I’m saying now we have to change something,” Schroder said Monday. “We can’t wait until they come back. Maybe it’s too late then.”

The Hawks are in a three-way tie for fifth in the Eastern Conference playoff standings. They are only 2 games ahead of eighth-place Miami, which currently has the final playoff spot, and 2 + ahead of ninth-place Chicago.

The Hawks see they could drop out of the playoff standings if they don’t quickly end the losing streak.

“The NBA isn’t easy,” Schroder said. “You’ve got to win games to make it in the playoffs.”

Coach Mike Budenholzer said Millsap, the four-time All-Star who has missed five straight games with left knee tightness, and the other two injured starters will not play in Tuesday night’s home game against Phoenix.

Bazemore, who has missed four straight games with a right knee bone bruise, said he hopes to return for Wednesday’s game at Philadelphia.

Sefolosha, held out against the Nets with a right groin strain, was seen working on an elliptical machine at the portion of Monday’s practice open to media. There is no timetable on Millsap’s return.

Before the losing streak, which matches the team’s longest of the season, the Hawks were competing with Toronto for the fourth seed in the East and home-court advantage in the first round of the playoffs.

Home-court advantage is now a distant dream.

Atlanta is tied with Milwaukee and Indiana for fifth following Sunday’s 107-92 loss to New Jersey, which owns the NBA’s worst record.

The latest ugly loss left Atlanta in what Bazemore described as “a dark time.” Even so, he insists the players’ spirit is not broken.

Bazemore pointed to players taking extra shots after practice and said “My teammates are still laughing. … We’re still alive and kicking.”

Budenholzer’s message is for players to avoid trying to do too much to fill the void left by the injured starters.

“I think to some degree we’re all pressing,” Budenholzer said. “Coaches pressing, each guy individually. It comes from actually a good place. They want to win. They want to have success and it’s just remembering that the best way for us to have success is to do it as a group and do it together.”

Budenholzer said rookie Taurean Price, who had 17 points, six rebounds and three steals in his first start against the Nets, likely will remain in the lineup against Phoenix.

Ersan Ilyasova and Tim Hardaway Jr. combined to make only 8 of 30 shots against the Nets. Atlanta’s depleted bench was outscored 46-7 by the Nets’ backups.

Budenholzer said Bazemore is “very close” to playing and could be cleared after “another good day.”

Bazemore said has done “pretty much everything” on the court in testing his knee, including change-of-direction drills.

“I’m starting to feel good,” Bazemore said. “… Things are trending in the right direction.”

Sixers’ Ben Simmons throws down impressive dunk in pregame workout (VIDEO)

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Consider this a look at what might have been this past season. Or a look into what will be next season.

Philadelphia has shut No. 1 pick Ben Simmons down for the season as they wait for the Jones fracture in his foot to heal properly, but he is traveling with the team and working out on its current road trip. Before the game in Indianapolis, Simmons got in a workout on the court.

Then casually threw down a between-the-legs, off the backboard self alley-oop.

What does that mean? Nothing. Other than next season in Philadelphia could be a lot of fun.