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Posts in category "Salary cap"

Will the Bulls pay the luxury tax next season?

Will the Bulls pay the luxury tax next season?
Jerry Reinsdorf said he'd pay the tax for a winner. The penalty for paying the tax has changed considerably since he made that statement, and this team wasn't a winner this season... Read more »
By DougThonus,
May 14, 2012 at 6:54 am
• 48 comments

Jerry Reinsdorf to "strongly consider" paying the luxury tax for "reasonable" chance at a championship

Jerry Reinsdorf to "strongly consider" paying the luxury tax for "reasonable" chance at a championship
One of the biggest questions of any Bulls fan planning for how to build a team is based on Jerry's approach to the luxury tax. A willingness to pay changes everything in terms of how the Bulls can approach team building... Read more »
By DougThonus,
December 1, 2011 at 6:26 am
• 31 comments

NBA seeking rollback of existing salaries

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 »
By DougThonus,
October 23, 2010 at 3:50 pm
• 4 comments
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NBA CBA - Contraction, 750 million salary cuts, non guaranteed deals, oh my!

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 »
By DougThonus,
October 22, 2010 at 2:26 pm
• 11 comments

Union decertification, the players' hammer

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 »
By DougThonus,
October 14, 2010 at 6:38 am
• 44 comments

Noah and Bulls agree to contract extension

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 »
By DougThonus,
October 3, 2010 at 9:03 pm
• 31 comments
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Noah "isn't happy" with 5/57 offer from Bulls

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 »
By DougThonus,
September 24, 2010 at 11:06 am
• 29 comments

Noah holding out for 70 million?

Per Hoopsworld’s twitter: Sources tell HOOPSWORLD Joakim Noah has 5-year $60 million extension offer from Chicago, is holding out for bigger deal $70-$75 million First, I caution you with Hoopsworld.   I don’t think Hoopsworld makes things up, but I do think they print anything regardless of how weakly sourced it is.  So while acknowledging this... Read more »
By DougThonus,
September 11, 2010 at 8:32 am
• 32 comments

Bulls and Noah making progress on extension

Click the link, because Stein’s got a great piece up covering the Melo / Noah thing.   For the most part I agree with what he’s written, but here’s an interesting bit about Noah’s contract talk with the  Bulls. 1. Before you expend too much brain power trying to figure out whether the Bulls would really... Read more »
By DougThonus,
September 10, 2010 at 6:17 am
• 45 comments
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Bulls offered Noah 60 million?

Per Alex Kennedy’s twitter: The Chicago Bulls offered Joakim Noah a five-year, $60 million extension two weeks ago. Hard to believe that they’re ready to move him now. Well that’s a sobering thought for anyone who thought Noah would come cheaply.  That’s more than I’d offer this season, it could be the max contract next... Read more »
By DougThonus,
September 9, 2010 at 2:48 pm
• 25 comments