Bulls, Thunder hot on the trail for Pau Gasol

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Pau Gasol might want to get paid $10 million per year, but it’s tough seeing him commanding that high a salary.

Contenders – like the Spurs and Heat – are interested, but they lack the cap space to make big offers. Teams with cap space might not want such an old player.

But Gasol might get his choice among the NBA’s top contenders. In addition to San Antonio and Miami, the Bulls and Thunder are in pursuit.

Marc Stein of ESPN:

Ramona Shelburne of ESPN:

The Thunder could offer Gasol the full non-taxpayer mid-level exception ($5,305,000) and remain below the projected luxury-tax line, though any unlikely incentives that are met next season could push them over the line. They’d have less than $500,000 in leeway, though perhaps the actual tax line is set higher than currently projected.

Oklahoma City could also waive Hasheem Thabeet’s fully unguaranteed salary to gain extra wiggle room or replace him with a veteran like Mike Miller.

Amnestying Kendrick Perkins – probably a non-starter anyway – alone would create no extra room for Gasol, though it would put the bi-annual exception – rather than a minimum contract – in play for Miller.

The Bulls brass flying to Los Angeles to meet with Gasol certainly puts their pursuit on another level. Time spent in the air and meeting with Gasol is time Chicago’s executives can’t be meeting with other free agents.

Presently, the Bulls can offer the same amount as the Thunder, but Chicago’s road to greater cap space – amnestying Carlos Boozer and waiving the unguaranteed contracts of Ronnie Brewer,Mike James andLouis Amundson – is much easier to traverse. Those moves would give the Bulls room to offer Gasol a deal starting up to $10,741,949.

That would likely be more than enough salary to lure Gasol, but the Bulls would essentially pay double for that roster spot. After all, they’d still have to pay Boozer, even if he doesn’t count against the cap. I’m not sure Jerry Reinsdorf would accept that just to get Gasol. Possibly, Chicago is armed only with the same non-taxpayer MLE the Thunder have at their disposal.

One advantage the Thunder have is Gasol is the best free agent linked to them thus far. They can devote all their attention to him. The Bulls, on the other hand, have clearly put Carmelo Anthony first.

Days from turning 34, Gasol might take a discount to play for a contender. With Kevin Durant, Russell Westbrook and Serge Ibaka plus multiple intriguing young role players, the Thunder are definitely among the 2015 title favorites. Upgrading from Perkins to Gasol would make them much more dangerous. Gasol would add interior scoring Oklahoma City lacks, and he defends well enough – especially relative to the slowed Perkins.

If the Thunder sign Gasol, they might even eclipse the Spurs as the 2015 favorites.