Teague still not signed

Discussion in 'Chicago Bulls' started by transplant, Aug 2, 2012.

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  1. transplant

    transplant Global Moderator Staff Member Global Moderator

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    I'm giving this one to "the Bulls are cheap" crowd for free.

    Link to Sham's article

    Have to admit that I took for granted that once the dust settled, they'd sign Teague at 120% of the standard number. However, because they paid Hinrich $3.941M and Belinelli the full bi-annual exception ($1.957M), if they sign Teague to the 120% salary ($1.0284M), they would effectively be hard capped at 13 players.

    If Teague won't take a lower 1st-year salary, looks like he'll either be traded, asked to play in Europe or renounced.

    This offseason is really something.
     
    transplant, Aug 2, 2012
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  2. Denny Crane

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

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    Denny Crane, Aug 2, 2012
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  3. transplant

    transplant Global Moderator Staff Member Global Moderator

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    Sham corrected me on this. According to Sham, if they sign Teague to the 120%, they could still sign a rookie FA to a minimum contract ($473,604) plus do two 10-day contracts. However, they definitely could not sign someone like McGrady.

    Edit: Sham did an addendum article which does a nice job of explaining the Bulls situation and how they got there. Link.
     
    Last edited: Aug 5, 2012
    transplant, Aug 2, 2012
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