A great organization

Discussion in 'Chicago Bulls' started by Denny Crane, Feb 19, 2015.

  1. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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  2. transplant

    transplant Global Moderator Staff Member Global Moderator

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    Last Conference Finals appearance - 1999-00

    Last NBA Finals appearance - 1991-92

    Last NBA Championship - 1977-78
     
  3. BrianFromWA

    BrianFromWA Editor in Chief Staff Member Editor in Chief

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    it was (ahem) 76-77, thank you very much.
     
  4. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    They are trying, get it? They see a chance this year, so they're going all in.

    But we are much better off with Kirk playing big minutes.

    :lol:
     
  5. transplant

    transplant Global Moderator Staff Member Global Moderator

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    My bad. Thanks for the correction.
     
  6. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    When was their last finals appearance?
     
  7. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    Did you hear? Rip Hamilton (cheap!) is the answer at SG. The big SG we apparently needed after taking the defending champs to 7 games and several OT thrillers?

    And Tyrus Thomas has the upside to be the next Jordan, so we trade LMA for him. What a steal that was for us.

    Or $6M was too much to pay Jamal Crawford. We used more money to pay Antonio Davis instead. Brilliant!

    Keeping Tyson Chandler would have put us in the LT for one season. Trade him for PJ Brown to improve the bottom line.

    The track record is consistently story after story like that.

    But we can surmise some other motives based upon ... something.
     
  8. transplant

    transplant Global Moderator Staff Member Global Moderator

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    I feel bad for you, Denny. At least as far as your Bulls fandom thing goes, you lead a tortured existence.

    I'm probably the wrong guy to do an intervention.
     
  9. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    I've read tens of thousands of posts on the Blazers forum. I've not ever seen one post suggesting their owner is cheap, or would avoid the luxury tax to improve the team's chances.

    One can hope that the greed for maximum profit can be balanced with paying the tax one season to bring a player onboard who fits our gaping hole in the roster and improves our chances.

    Anything less is throwing in the towel.
     
  10. transplant

    transplant Global Moderator Staff Member Global Moderator

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    Again with the LT. I hope you don't miss a Bulls championship 'cause you've tied yourself in knots over the team's reluctance to pay the tax.
     
  11. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    We are much more likely to miss a championship because management focused on profit instead of the best roster.

    Whatever they're doing has produced no championships. We might have at least one if we traded for Pau back when, and surrounded him with good players. Something The Chairman said he didn't want to do.

    Pau, in fact, did win championships after getting traded to LA.

    We, in fact, did not in any year we stayed under the LT, or since turning down a deal for Pau.
     
  12. truebluefan

    truebluefan Administrator Staff Member Administrator

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    organizations win champiopnships. Right?
     
  13. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    Pat Riley attracts the top free agents and quality aged veterans at discount salaries. He's also not afraid to make a trade.

    He's won championships, most recently 2012 and 2013. He sucks because they only made the finals last year.
     
  14. truebluefan

    truebluefan Administrator Staff Member Administrator

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    Mark Cuban is the same way. Always willing to make changes.
     
  15. Bullsville

    Bullsville Intelligent Bulls Fan

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    Personally, as a fan of PROFITS, I'm disgusted at some of the atrocious moves Reinsdorf and his minions have pulled off lately.

    The five-year period from the 2006-07 season through the 2010-11 season was awesome - the Bulls made a profit of $275 million ($55 million per), highest in the NBA. All was good.

    Then for some reason, those idiots decided to pay the Luxury Tax in 2011-12, and we no longer won the Profit Championship. They dropped to 3rd in profits, barely holding off Houston and Golden State. Profit was only $34 million, which is downright embarassing for an organization with a long, proud history of profit-mongering. I'm sure Paxson and Forman were pissed about losing their annual bonus they get for winning the league's Profit Championship.

    The front office made a valiant recovery in 2012-13, getting profits back up to $52 million. But sadly, we dropped another notch to 4th in the Profit Rankings at the end of the year. Of course most of the blame for this goes to Rose - by refusing to come back from his ACL surgery when he was cleared to do so, the Bulls lost out on some valuable home playoff dates that might just have allowed us to stay in the Top-3.

    Finally, last season the Bulls recovered from their slump, posting a $62 million profit for 2013-14, their highest in years. That got us back up to #2 in the Profit Competition, but to be fair it's hard for GarPaxDorf to compete with the Lakers' deadly combination of huge local TV deal and tanking.

    But then what do those idiots do? They go and blow a big chunk of the profits on a $25 million practice facility.

    Practice?

    We talkin' 'bout PRACTICE?? WTF.

    Now this season, we have to sit back and watch as Boozer sucks down $15 million of our sacred profit to play for the Lakers? I can't believe GarPax didn't even try to dump his expiring contract. You can't seriously believe that GarPax couldn't have found a team with cap space and/or non-guaranteed contracts to take taken Boozer's contract if the Bulls would have thrown in 3 first-round picks, Butler and the rights to Mirotic as sweetner?

    Then they had the unmitigated gall to spend over $7 million of hard-earned profit on Gasol?? WTF, they could have easily signed an undrafted rookie free agent to the NBA minimum, but they refused. Signing Gasol was a blatant slap in the face to us die-hard PROFIT fans, personally I don't know what the hell GarPaxDorf was thinking.

    But you really want to take a look at a sickening fact - over the last 5 seasons (2010-11 through 2014-15), the Bulls total payroll is $114 million OVER the minimum salary cap figure.

    GarPax's horrific strategy of signing guys like Gasol and Dunleavy and Mirotic instead of minimum salary players has lowered profits by an average of $22.8 million per year over the last five seasons.

    Have the Bulls won an NBA championship in the last five years? NO, so why are these tools pissing away our chances of winning the Profit World Championship?

    It's almost like they're not even trying, if I didn't know better I would swear that they don't even care about winning another Profit ring.

    And I'm not at all happy about it.

    ===============================================================

    http://www.latimes.com/sports/laker...-profitable-nba-franchise-20140705-story.html

    http://www.forbes.com/sites/chrissmith/2012/01/25/the-most-and-least-profitable-nba-teams/

    http://www.forbes.com/sites/forbespr/2014/01/22/forbes-releases-16th-annual-nba-team-valuations/

    http://www.forbes.com/sites/kurtbad...-lakers-top-list-of-nbas-most-valuable-teams/
     
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  16. kukoc4ever

    kukoc4ever Let's win a ring! Staff Member Moderator

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    So.... the Bulls are often #1 in profits and almost always in the top 5. Interesting post.

    Also, the minimum cap figure isn't really that meaningful, its the luxury tax line. Can you please re-run the numbers using the meaningful luxury tax line and not the minimum cap figure?

    Thanks.
     
    Last edited: Mar 1, 2015
  17. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    The Bulls were a tad shy of the LT at ~$78M with Boozer last season. If they kept him, they'd still be paying close to that amount.

    Their current salaries without Boozer is ~$64M. Add back Boozer's salary and subtract the amount the Lakers pay him and the Bulls are actually $2-3M ahead, profit-wise.

    Follow the money and you'll understand the "basketball decisions" that have been made.
     
  18. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    The training center was paid for by advocate health. Maybe they paid for the entire cost and more for the naming rights.

    The Bulls are also going to sell the old practice facility, Berto Center, for a profit, no doubt.

    Go figure.
     
  19. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    When you focus on the CBA like a laser beam, you lose sight of the bigger picture, which is the bottom line.

    Profit = Revenue - Expenses

    Paying salaries over the minimum increases Revenue because suckers believe DunVP will bring us a championship. They buy more tickets and jerseys and that sort of thing. It also adds value to the franchise as an asset.

    By that simple formula, if they increase Expenses by $1 (or $22.8M) and Revenue by $1.01 (or $22.8M + $.01), the bottom line is bigger. More profit!

    The Chairman bought the Bulls for ~$20M. The team is conservatively now wort $2Billion. That's unrealized profit. Average the $2B over the years he's owned the team, and that $62M is gravy.

    Winning a championship would be most profitable, but is higher risk. Only one team wins it, and we don't have the best player in the league. Teams with organizations that care about winning and try profit less and pay the LT.
     
    Last edited: Mar 1, 2015
  20. Bullsville

    Bullsville Intelligent Bulls Fan

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    The Luxury Tax line has absolutely nothing to do with maximizing profits. Maybe you need to re-read my post, because IMHO if you're going to win the Profit Championship, you should never be anywhere near the Luxury Tax line.

    The CBA says that to avoid a penalty, the Bulls only had to have a payroll of $56,758,500 this season. Between the actual payroll of $67,432,537 and the extra $16.8 million we are paying Boozer, that's a total of $84,232,537 we are paying our players.

    $84,232,537 minus $56,758,500 is an extra $27,474,037 we are paying our players, and that's just unacceptable. It's completely unnecessary, and it could well cost us the Profits Cup this season.

    We could have easily added McDermott and two future 1st-round picks to dump Boozer's expiring contract instead of wasting all that money paying him this season. We could have also very easily added a first-round pick plus the Sacramento pick to dump Gibson.

    Replacing Gibson and McDermott with minimum-salary guys would have gotten us down to the $56,758,500 minimum team salary, and I'm sure this team would have still easily made the playoffs in the East:

    PG - Rose, Brooks, Moore
    SG - Butler, Hinrich
    SF - Dunleavy, Snell, vet minimum
    PF - Gasol, Mirotic, Bairstow
    C - Noah, Mohammed, vet minimum

    We could have easily had the Profit Championship AND the extra free profits from a first-round playoff appearance, but GarPaxDorf just totally blew it.

    I am very pissed about it, and if GarPax are just going to keep throwing money away and wasting our PROFITS, I am going to start a petition asking that they be fired.
     

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