Posts in category "Salary cap"
This is the third of four articles on 2011 Chicago Bulls draft selection Nikola Mirotić. Today we’ll dig into the calculus behind exactly what options Chicago has to bring him over before the 2017-2018 season (yes, you read that right), given the limitations of the new CBA...
Contract Situation Worse Than Has Been ReportedThis is the first of four articles on Chicago Bulls 2011 draft pick Nikola Mirotić, who is quickly becoming one of the better basketball players in Europe. Today we will discuss the details of Mirotic’s contract extension and his buyout clause. ...
Jerry Reinsdorf to "strongly consider" paying the luxury tax for "reasonable" chance at a championship
Per Realgm: An NBA spokesman confirmed to RealGM that the league is in fact seeking to roll back existing player salaries, rather than simply changing the rules dictating the terms of future contracts. In attempting to reduce player costs by approximately one-third, the league is not making a distinction between signed contracts currently in force... Read more »
Plenty of interesting tidbits from Ken Berger latest article on the CBA. “What we told our players initially is that we’d like to get profitable and we’d like to have a return on our investment,” Stern said. “And there’s a swing of somewhere in the neighborhood of between $750 [million] and $800 million that we... Read more »
Until reading this article from Larry Coon, I hadn’t realized the players hold a real hammer in negotiations: The real trump card in the players’ hands might be union decertification. Many of the league’s practices, such as the salary cap and draft, may violate antitrust laws, had they not been agreed to via collective bargaining.... Read more »
Per Sam Smith: While the team learned that free agent power forward Carlos Boozer would be lost with a fractured right hand, league sources confirmed the Bulls have come to an agreement with Joakim Noah on a contract extension. Sources said the deal is for five years and is worth about $60 million. It would... Read more »
Per Alex Kennedy’s twitter (tweet1) (tweet2): Noah has popped up in trade rumors but he won’t be moved. The real drama unfolding is the Bulls trying to ink an extension with Noah’s camp. The contract extension the Chicago Bulls offered Joakim Noah several weeks ago was actually a five-year, $57 million deal. Noah isn’t happy.... Read more »
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