http://sportstwo.com/NBA/LeagueSalaries#jump_CHI By my count, we've got $48.7M in salary committed for next year already. That includes PeeOn Curry, who reportedly has a $250k buyout (which would bring that number down to just under $48.3M). The luxury tax bar is $71.15M Unsigned we've got Demetrius Nichols (would make the $711,517 minimum salary) and Rose, who will make anything between $4,019,000 and $4,822,200. The former number is the minimum amount he's guaranteed under the NBA 1st round draft scale contract and the latter is the maximum amount we could pay him. Teams usually pay the latter amount (see the CBA FAQ for an explanation). Thus, the conservative assumption is to add Nichols and the $4.8M version of Rose's contract. That could give us up to $16.87M before we hit the luxury tax threshold. Or $8.4M each for Deng and Gordon. By cutting Curry, we could be at $8.6M per player. Put into 5 year deals, that works out to $52M, which is about what they turned down already. Of course, I wonder if that's even been offered.
Or they could pay $10M+ each, and pay the tax until Hinrich's or Hughes' contract comes off the books. $1.6M x 2 = $3.2M Penalty of $3.2M means we'd be paying them the equivalent of $11.6M each until we get back under the LT.
I'd call him JamesOff Curry, but I am afraid of possible ramifications. At any rate, I doubt we pay the LT for Deng and Gordon. Neither player is so wow that the LT is justifiable (based on our roster). We have our PG for the future in Rose. Beyond that, the team needs a lot of help. I want both Gordon and Deng back, but I think its becoming less and less likely. At least, long term. I think it may be in our best interests to sign them to 3 year deals (and pay the LT) to see if both can continue to grow (no, not in height ) as players before we commit long term deals to either. We also get to see how they pair up with Rose (particularly with Gordon. Can a Rose/Gordon backcourt thrive?)
<div class='quotetop'>QUOTE (Denny Crane @ Jul 19 2008, 09:39 PM) <{POST_SNAPBACK}></div><div class='quotemain'>Or they could pay $10M+ each, and pay the tax until Hinrich's or Hughes' contract comes off the books. $1.6M x 2 = $3.2M Penalty of $3.2M means we'd be paying them the equivalent of $11.6M each until we get back under the LT.</div> There's another penalty. The tax collected gets distributed to teams that didn't pay the tax. So this year the Bulls collected an extra $4M or so for being under the tax when other teams were spending to win. So the Bulls would stand to lose about $7.2M on top of the extra $3M they'd pay Deng and Gordon. I'm still not even sure what I think they're worth to me, although I'm not sure it's much, if any, beyond what we can offer them.
I didn't know the Luxury taxes get distributed to non tax paying teams. Thats interesting. I agree that its not worth paying the tax for both players with the current makeup of the team. We're nowhere close to a championship. Looking at these figures, its even more apparent we won't have both of these players when its all said and done.
5/$52 is looking like a pretty fair deal to me for those guys. I'm not seeing a lot of logic to going beyond those numbers though.
Why even resign Gordon or Deng. Chicago has been acting like they dont want them for the last 2 seasons and continue to lowball them both. Why not just save the cap space and let Hughes/Hinrich/Rose run the backcoart and let Nioconi start at the 3 and sit on a mega amount of cap?
FG% Nocioni 43.2% Hughes 38.7% Hinrich 41.4% Rose unknown, but I bet low 40%'s is a fair guess Thomas 42.3% Thabo 42.8% Noah 48.2%, but that's not great for a guy who's only move is the dunk and the star of the team is: Drew Gooden 46.1% We better pray for low scoring games, because we're not going to keep up otherwise
