Tag: Chicago Bulls

NBA max contract values for 2015-16


The NBA salary cap and luxury-tax lines came in higher than expected, which means max contracts will be worth more than expected.

Howard Beck of Bleacher Report:

Max contracts are determined by experience level with players split into three tiers (0-6 years, 7-9 years, 10+ years). Here’s how much players signing max deals this offseason will earn based on experience and length of the contract:

0-6 years experience (players such as Greg Monroe, Jimmy Butler, Kawhi Leonard)

Re-sign Sign elsewhere
One-year $16,407,000 $16,407,000
Two-year $34,044,525 $33,552,315
Three-year $52,912,575 $51,435,945
Four-year $73,011,150 $70,057,890
Five-year $94,340,250

7-9 years experience (LaMarcus Aldridge, Kevin Love, Marc Gasol, DeAndre Jordan, Paul Millsap)

Re-sign Sign elsewhere
One-year $19,689,000 $19,689,000
Two-year $40,854,675 $40,264,005
Three-year $63,497,025 $61,725,015
Four-year $87,616,050 $84,072,030
Five-year $113,211,750

10+ years experience (LeBron James)

Re-sign Sign elsewhere
One-year $22,970,000 $22,970,000
Two-year $47,662,750 $46,973,650
Three-year $74,078,250 $72,010,950
Four-year $102,216,500 $98,081,900
Five-year $132,077,500

Anthony Davis agreed to a max contract extension, and Damian Lillard will likely follow suit. Those begin with with the 2016-17 season, so their values won’t be known for another year. But with the salary cap rising under the new national TV contracts, Davis and Lillard stand to make a lot more than free agents this summer.

Report: Aaron Brooks reaches one-year deal to remain with Bulls

Chicago Bulls v Miami Heat

He was a guy Tom Thibodeau trusted, now he’s going to have to earn the confidence of Fred Hoiberg.

He’ll get the chance because Aaron Brooks will be back with the Chicago Bulls, something first reported by Marc Stein of ESPN and now confirmed by Vincent Goodwill of CSNChicago.com.

Brooks averaged 11.6 points and 3.2 assists in playing all 82 games for the Bulls last season, starting 21 games due to various injury absences. Brooks made the veteran’s minimum last season but he’ll earn more than that in 2015-16.

There was speculation the Bulls would go for a bigger guard who could possess the ability to play both guard spots as opposed to just one, but when the market dried up after a few targets signed above-average deals, it didn’t leave the luxury-tax paying Bulls with many options, and a return engagement with Brooks was an easy choice.

This gives the Bulls essentially the same backcourt as last season, with Derrick Rose and Jimmy Butler (who re-signed with the team) as the starters and Brooks with Kirk Hinrich and Tony Snell behind them.

Overall the Bulls roster is largely the same as last year, they are simply counting on health and a more modern offense under Hoiberg to make them more serious challengers to Chicago.

Report: Marc Gasol, Grizzlies reach deal on five-year, $110 million contract

Memphis Grizzlies v Los Angeles Clippers

This had all the drama of the US Women in the World Cup Finals after the 16th minute. The outcome was never in doubt.

Marc Gasol has agreed to the five-year, $110 million max contract to stay with the Memphis Grizzlies, something first reported by Adrian Wojnarowski of Yahoo Sports.

The deal includes an early-termination option after the fourth year in 2018-19, league sources said.

Gasol met with Grizzlies owner Robert Pera in Spain last Wednesday, and progressed toward a final agreement over the next several days, sources said.

The deal took place on Spanish time — with plenty of Sangria and tapas mixed into a leisurely, methodical pace — but there was never a doubt he was staying with the Grizzlies. When he first moved to the USA from Spain, he landed in Memphis (because his older brother Pau was playing for the Grizzlies), and he went to high school in that city. He has a comfort level there, plus this is a team that has made the playoffs the last five years and the conference Finals once with Gasol. Add some more shooting on the perimeter and they could be a threat to any team in the West.

Gasol was drafted by the Lakers and stashed in Spain, then traded to Memphis as part of the Pau Gasol deal.

Gasol is the best center in the game right now. He was first-team All-NBA this season and is a former defensive player of the year, plus he averaged 17.4 points and 7.8 rebounds a game for Memphis last season. He is a fantastic passer, and the Grizzlies can run their offense through him for long stretches.

He is the anchor to Memphis’ grit and grind, and he’s locked down for five more years.

Jimmy Butler on reported tension with Derrick Rose: “I don’t think we have any issues”

Jimmy Butler, Giannis Antetokounmpo

After signing a five-year, $95 million deal to stay with the Bulls, Jimmy Butler has a lot off his mind. His willingness to take the five-year deal after previous reports that he was looking for a shorter contract should put to rest the notion that he is going to have trouble playing with Derrick Rose, as has been reported since the Bulls were eliminated by the Cavaliers in the second round of the playoffs. In a new interview with Rolling Stone‘s Seerat Sohi, Butler downplayed any tension with Rose:

I don’t think we have any issues. I think we’re fine. I think we’re two basketball players that want to win games. That’s where I’ll leave it at. I think we just wanna win, bring a championship the city, to the organization. I think that’s our job. And I think we’re gonna do whatever it takes to make that happen. I have a lot of respect for the guy.

Rose and Butler have never had issues before, so it’s hard to see why that would start now, especially after Butler got his big extension. Even if players aren’t the best of friends off the court, there’s no reason that would stop them from being able to play together. New Bulls coach Fred Hoiberg is installing a more dynamic, uptempo offense than the one that was previously employed by Tom Thibodeau, and that should allow both Rose and Butler to thrive.

Report: Bulls, Jimmy Butler finalizing five-year max contract worth $95 million

Los Angeles Lakers vs Chicago Bulls

Adrian Wojnarowski of Yahoo Sports:

Jimmy Butler is finalizing a five-year, $95 million maximum contract to re-sign with the Chicago Bulls, league sources told Yahoo Sports.

Butler’s deal will include a player option after the fourth year of the deal, sources told Yahoo.

Teams pursuing Butler with offer sheet proposals have conceded and moved on, league sources said.

This was always the most likely scenario.

Jimmy Butler emerged to become the Bulls’ best player last season. He was already an above average defender, but he made sizable jumps in his contributions to the offensive end of the floor, and finished the year with averages of 20 points, 5.8 rebounds and 3.3 assists in 38.7 minutes per contest.

Butler was recognized for his efforts by making the All-Star team, winning the league’s Most Improved Player award, and being named to the league’s All-Defensive second team. He was a restricted free agent, and the Bulls could have matched any offer he may have received to play somewhere else. But it never came to that point, and with Chicago knowing all along it was never going to let him get away, the team did the smart thing by coming strong with a max contract offer on free agency’s very first day.