I previously blogged about the trade when it was possible before and discussed Reinsdorf's aversion to spending on the Bulls relative to the White Sox as well. Now Sox fans should be thrilled with this trade, but how about Bulls fans?
Does this enrage you that Ben Gordon wasn't good enough to spend on, but Jake Peavy was?
Do you feel hope that if Reinsdorf can support this mediocre White Sox team that me may also support his mediocre Bulls team?
The Bulls could support 15 million in luxury tax payments a year
before their profitability fell to the typical level of the Chicago
That being said, I understand the saving cap room for 2010 plan very well. I've pushed it for multiple years. Getting a star next season is the best chance this team has at winning a title. Ben Gordon improved our odds of attracting one relative to Kirk Hinrich, at least in my opinion, but opinions vary.
I just hope management doesn't use the cap space as a way to cheap out again. Last time the Bulls spent big on Ben Wallace, they shuffled Tyson Chandler's contract out the back door because "he no longer fit".
The end result was a revenue neutral long term move that kept the Bulls away from the luxury tax barrier. The Bulls need to spend on a big name FA next summer, but afterwards they need to spend some more on MLE targets to add to the team rather than find ways to stay revenue neutral.
The hard part for ownership will be spending the follow up money, because it will delve into the luxury tax for sure. That's what it will take to win, and if the Bulls get LeBron, Wade, or Bosh, then we'll find out a year later when it comes time to use the MLE whether they were serious about titles or just serious about cashing checks.