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.

Must watch: Lonzo Ball halfcourt alley-oop to Zion Williamson

Lonzo Ball Zion Williamson
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Damn. This is just a thing of beauty.

Lonzo Ball and Zion Williams have a connection on the court and the Grizzlies got a look at it up close and personal Monday.

NBA TV has another angle

In a must-win game for 0-2 New Orleans, Zion played more in the first half than we have seen recently, but he was still under 10 minutes total. He had 11 points on 5-of-11 shooting, leading an energized Pelicans team that led by seven at the half.

Thunder’s Dennis Schroder leaves bubble for birth of child

Dennis Shroder child
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Dennis Schroder was not in uniform when Oklahoma City lost to Denver Monday. He wasn’t even in Orlando.

Schroder left the bubble to be with his wife for the birth of his child, something the team knew was coming but came up suddenly Monday morning, coach Billy Donovan said pregame (reporting from ESPN’s Dave McMenamin inside the bubble).

 

“I’m not gonna leave my wife by herself while she’s having a second baby,” Schroder said when he talked about this with reporters previously. “(Dennis) Jr. is still 17 months old, so I’m for sure gonna go there and support her and try as much as I can to be there for my family.”

Congratulations to the Schroder family, we hope everyone is happy and healthy.

The Thunder will miss Schroder while he’s gone. He is a Sixth Man of the Year candidate averaging 19 points per game while shooting 38.1% from three. The Thunder are at their most dangerous when Schroder is paired with Chris Paul and Shai Gilgeous-Alexander, a rotation that we will not see for a while.

The first round of the playoffs starts Aug. 17. Schroder can return to the team, the question is how long he will be in quarantine when he does. If Schroeder has a negative coronavirus test for seven consecutive days before his return, he will be in quarantine for four days. If he does not get tested, or if he exposes himself to the virus unnecessarily while outside the bubble — for example, picking up wings from a strip club for dinner — he will have a 10-day quarantine.

The Thunder could use him for what will be a tight first-round playoff series in a very balanced West. Schroder may or may not be there, he has higher priorities right now.

Oklahoma state Rep. threatens to increase Thunder’s taxes for kneeling during national anthem

Oklahoma City Thunder kneel during national anthem
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The Oklahoma City Thunder – like all NBA teams (minus a few individuals) – kneeled during the national anthem.

That powerful protest calls attention to racism, particularly through police brutality. It is highly patriotic to work toward ending those shameful practices. Though some have distorted the underlying message, the protests have largely worked. In the years since Colin Kaepernick first kneeled, Americans have developed a heightened sensitivity to racism and police brutality.

Of course, there are still many opponents of anthem kneeling. The demonstration causes a visceral reaction (which is also why it has been so effective). At this point, it’s hard to stand out among the critics of anthem kneeling who keep making the same, tired arguments.

Oklahoma state representative Sean Roberts found a way.

Roberts, via Oklahoma’s News 4:

“By kneeling during the playing of the national anthem, the NBA and its players are showing disrespect to the American flag and all it stands for. This anti-patriotic act makes clear the NBA’s support of the Black Lives Matter group and its goal of defunding our nation’s police, its ties to Marxism and its efforts to destroy nuclear families.

If the Oklahoma City Thunder leadership and players follow the current trend of the NBA by kneeling during the national anthem prior to Saturday’s game, perhaps we need to reexamine the significant tax benefits the State of Oklahoma granted the Oklahoma City Thunder organization when they came to Oklahoma. Through the Quality Jobs Act, the Thunder is still under contract to receive these tax breaks from our state until 2024.

Perhaps these funds would be better served in support of our police departments rather than giving tax breaks to an organization that supports defunding police and the dissolution of the American nuclear family.”

This is outrageous.

It’s outrageous that the Thunder get such a targeted tax break. The franchise is a private company that should succeed or fail based on its own merits. While it’s easy for NBA fans (like readers of this site) to get caught up in the league, professional basketball isn’t actually important for the greater good.

It’s outrageous that a company’s tax status could depend on how its employees exercise their freedom of expression. The First Amendment still exists.

Ultimately, Roberts almost certainly doesn’t have the power to do what he’s threatening. This is grandstanding for political gain. It gets Roberts into national headlines and little else. Mission accomplished, I guess.

So, Roberts builds a reputation as another big-government politician – someone who wants to use the heavy hand of government to dissuade free expression.

NBA referee Brent Barnaky explains standing for the national anthem

NBA referee Brent Barnaky
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Magic forward Jonathan Isaac, Heat big Meyers Leonard and Spurs coaches Gregg Popovich and Becky Hammon drew plenty of attention for standing during the national anthem while nearly all NBA players, coaches and referees kneeled.

Referee Brent Barnaky also stood.

Tim Bontemps of ESPN:

This isn’t much of an explanation. Nor does it need to be. Barnaky explained that he wasn’t countering the message of kneeling players (opposing racism, particularly through police brutality). That’s sufficient for Barnaky to maintain his neutral positioning – important for an official.

For decades, nearly everyone stood for the national anthem. For many people, that was just about following norms. Even NBA players espousing social-justice messaging previously stood for the national anthem.

But Colin Kaepernick’s brave defiance caused some people to thoughtfully consider their national-anthem posture. So, while many people continued to stand for the national anthem because that’s just was done, some made deliberate choices based on their own values. Sometimes, that led to kneeling. Sometimes, that led to standing.

The thoughtful standers blended into the crowd… until kneeling became widespread in the NBA. Now, they’re the noticeable outliers within the league.

It can take courage to go against the grain. I commend Barnaky for that – and for voicing his support for social justice and peaceful protest.

Barnaky made a personal choice that can stand alone. It doesn’t undermine what anyone else is doing.