Bulls settlement with Jay Williams

Discussion in 'Chicago Bulls' started by Accord, Jan 31, 2004.

  1. Accord

    Accord JBB JustBBall Member

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    <div class="quote_poster">Quote:</div><div class="quote_post">CHICAGO -- The Chicago Bulls are close to reaching a contract settlement with Jay Williams, recuperating from a motorcycle accident that has jeopardized his career.

    Bill Duffy, Williams' agent, said Thursday he expected the buyout to be finalized within the next few days.

    "We're looking at the 'T's getting crossed and the 'I's getting dotted," Duffy said. "We're obviously extremely grateful to [Bulls chairman] Jerry Reinsdorf. He has done something that he is not obligated to do, which basically is to give Jay quite a handsome settlement."

    The buyout was first reported by the Chicago Tribune and Chicago Sun-Times.
    </div>

    More here
     
  2. Trip

    Trip 2000000000000000000000000

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    Man I don't like that. Hope Jay recovers and prove the Bulls wrong for giving up on him.
     
  3. mydi619

    mydi619 JBB JustBBall Member

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    hmmm... i wonder if jay williams will veer be the same... the accident seemed pretty bad... well at least we have hinrich!!!
     
  4. Ed!

    Ed! JBB JustBBall Member

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    <div class="quote_poster">Quoting franchise3:</div><div class="quote_post">Man I don't like that. Hope Jay recovers and prove the Bulls wrong for giving up on him.</div>
    We had the right to terminate his contract the day of the accident because he violated his contract. But we didnt. We gave him more than what we had to.
     
  5. notmuchgame

    notmuchgame JBB JustBBall Member

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    ^ Yea, I agree...that was a very classy thing the Bulls did...
     
  6. AIFan

    AIFan JBB JustBBall Member

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    I think it's great. The Bulls aren't giving up on him, they are doing two things. #1, they're showing their respect for him and his situation by paying him a single cent, #2 they are making a good business decision cause if they don't handle it now, his salary is gonna count against the salary cap. I hope he comes back, but honestly, I think he'll be but a shell of his former self.
     
  7. JCrawford1

    JCrawford1 JBB JustBBall Member

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    i'm glad j williams got injured. He deserved it. He shouldn't have had that bike in the first place .What kind of black person rides a motorcycle?[​IMG]
     
  8. Vyper

    Vyper -Vintage '73-

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    <div class="quote_poster">Quoting JCrawford1:</div><div class="quote_post">i'm glad j williams got injured. He deserved it. He shouldn't have had that bike in the first place .What kind of black person rides a motorcycle?[​IMG]</div>


    what kind of an idiot makes a post like this?
     
  9. Ed!

    Ed! JBB JustBBall Member

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    <div class="quote_poster">Quoting Big Nasty:</div><div class="quote_post">what kind of an idiot makes a post like this?</div>
    [​IMG]
     
  10. ~Fatality~

    ~Fatality~ JBB JustBBall Member

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    <div class="quote_poster">Quoting JCrawford1:</div><div class="quote_post">i'm glad j williams got injured. He deserved it. He shouldn't have had that bike in the first place .What kind of black person rides a motorcycle?[​IMG]</div>

    This man does not represent Bulls fans. Rather, a drunken a-hole. [​IMG]
     
  11. AIFan

    AIFan JBB JustBBall Member

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    <div class="quote_poster">Quoting JCrawford1:</div><div class="quote_post">i'm glad j williams got injured. He deserved it. He shouldn't have had that bike in the first place .What kind of black person rides a motorcycle?[​IMG]</div>[​IMG]

    This deserves a warning
     
  12. Shapecity

    Shapecity S2/JBB Teamster Staff Member Administrator

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    Bulls Buyout Jay Williams

    It's official, the Bulls bought out Jay Williams contract for about $3M. Classy move by the organization and best of luck to Jay Williams on his comeback.
    CHICAGO -- Jay Williams, who played one season with the Chicago Bulls before a motorcycle accident put his NBA career in jeopardy, and the team agreed on a contract buyout Monday.

    Full Article:
    http://www.sportsline.com/nba/story/7057538
     
  13. Vyper

    Vyper -Vintage '73-

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    Indeed. Really a class act thing to do for Jay,classier even that they were payin' him up to this point. Not to sound negative,but I honestly don't think Jay gonna be able to be the player he was. A severed nerve in the leg will take it's toll. I wish him the best and hope he can regain his former level,but the odds are against him.
     
  14. Mez

    Mez JBB JustBBall Member

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    <div class="quote_poster">Quoting Big Nasty:</div><div class="quote_post">Indeed. Really a class act thing to do for Jay,classier even that they were payin' him up to this point. Not to sound negative,but I honestly don't think Jay gonna be able to be the player he was. A severed nerve in the leg will take it's toll. I wish him the best and hope he can regain his former level,but the odds are against him.</div>

    Yep, I agree with you word for word. I hope he can get back on the court, even if it has to be as a backup for the rest of his career.
     
  15. Trail_Blazer76

    Trail_Blazer76 JBB JustBBall Member

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    <div class="quote_poster">Quoting Big Nasty:</div><div class="quote_post">Indeed. Really a class act thing to do for Jay,classier even that they were payin' him up to this point.</div>
    How is that classy? It's classy that he agreed to a buyout, but they were legally OBLIGATED to pay him. I'm not really impressed that they did what they were supposed to do.

    I feel bad for Jay, could have been a big part of the Bulls' future. I have a feeling that he'll be back.
     
  16. Vyper

    Vyper -Vintage '73-

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    <div class="quote_poster">Quoting Trail_Blazer76:</div><div class="quote_post">How is that classy? It's classy that he agreed to a buyout, but they were legally OBLIGATED to pay him. I'm not really impressed that they did what they were supposed to do.

    I feel bad for Jay, could have been a big part of the Bulls' future. I have a feeling that he'll be back.</div>


    I meant to put it was a good for Jay to do,not the other way around...I got it twisted.

    But you're wrong. He violated his contract by riding the motorcycle which was a clause written into his contract. The Bulls could have terminated his contract.
     
  17. jbbCourtVision

    jbbCourtVision JBB JustBBall Member

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    They were not legally binding to the contract due to a clause saying that he can't ride a motorcycle. This is a classy move indeed. But on the other hand, if they didn't pay him, the Bulls could have been considered a ruthless franchise.

    In the end, Bulls did the right thing.
     
  18. Vyper

    Vyper -Vintage '73-

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    It was classy for both sides. For the Bulls for paying him despite him violating the contract...and for Jay for agreeing to the buy-out knowing it will help the team.
     
  19. Trail_Blazer76

    Trail_Blazer76 JBB JustBBall Member

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    <div class="quote_poster">Quoting Big Nasty:</div><div class="quote_post">But you're wrong. He violated his contract by riding the motorcycle which was a clause written into his contract. The Bulls could have terminated his contract.</div>
    Could they have actually terminated it because of that? Think about the Vin Baker's and Shawn Kemp's in the league.
     
  20. notmuchgame

    notmuchgame JBB JustBBall Member

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    <div class="quote_poster">Quoting Trail_Blazer76:</div><div class="quote_post">Could they have actually terminated it because of that? Think about the Vin Baker's and Shawn Kemp's in the league.</div>

    Yea, a contract becomes voidable when one of its guidelines is violated...or at least to my understanding
     

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