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Posts tagged "luxury tax"

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

Bulls scared of luxury tax, pursue Hamilton instead of Richardson

Well, I said it for awhile, I thought the Bulls would be scared of the tax, and here we are. The Bulls are going to pursue a considerably worse player in order to save some money... Read more »
By DougThonus,
December 10, 2011 at 9:36 am
• 96 comments

Bulls still scared of luxury tax?

It's time for the Bulls to go all in. It's time for Jerry Reinsdorf to give back to the fans after making about 100,000% off his investment in the Bulls. It's time to win championships... Read more »
By DougThonus,
November 29, 2011 at 7:42 am
• 35 comments
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Will the Bulls pay a more punitive luxury tax?

Will the Bulls pay a more punitive luxury tax?
Jerry Reinsdorf said he'd pay the tax for a winner. The tax was $1 per $1 spent over 71ish million at that point and even at that point most fans were in a "I'll believe it when I see it state". What will the Bulls do with a new, more punitive tax... Read more »
By DougThonus,
November 2, 2011 at 6:33 am
• 4 comments

Will the Bulls really go all in?

After signing Carlos Boozer, the Bulls look to be on the fast track to becoming one of the best teams in the conference.   The Miami Heat, Boston Celtics, Orlando Magic, and Atlanta Hawks are the other four teams in the conference with whom the Bulls will need to contend.    Of those teams, the Bulls... Read more »
By DougThonus,
July 8, 2010 at 3:58 pm
• 52 comments

Bulls to explore Noah extension, and will pay the tax to do it (maybe)

In light of no news, here’s good news. Per K.C. Johnson, Chicago are well aware that the cost of doing business with Joakim is about to go up. However, rather than refuse to do it, they’re preparing for extension talks, and will pay the tax if they have to. Maybe. Possibly. Allegedly. (Hopefully.) That’s also... Read more »
By MarkDeeks,
July 6, 2010 at 11:54 am
• 12 comments
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2000-2009 Chicago Bulls, a dynasty of profits

If there was a world championship for money making, the city of Chicago would bankrupt itself throwing parades for our Chicago Bulls.   The Bulls may not have put all the winning pieces together on the court, but the business side is crushing the competition. In the NBA, the Bulls are #1 over the past decade.  ... Read more »
By DougThonus,
March 3, 2010 at 10:56 am
• 13 comments

Kobe Bryant view of management

I don’t go off topic too much on this blog, but this quote I saw by Kobe gave me a good chuckle. “I’m set up to have a good run here,” Bryant said. “I’ve been very fortunate. I went through seven years of hell. Management decided that it was time to spend the money to... Read more »
By DougThonus,
January 19, 2010 at 9:38 am
• 5 comments

Panic time; Bulls no longer the most profitable team in the NBA

That’s right.  According to Forbes the Lakers have passed the Bulls as the most profitable team in the NBA this year posting a 51.1 million dollar operating profit relative to the Bulls paltry 51 million dollar operating profit.   This is when heads roll.   This is when changes are made.   The Bulls have dominated the profit... Read more »
By DougThonus,
December 10, 2009 at 12:13 pm
• 18 comments
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Question: how close are the Bulls to the luxury tax?

Answer: Very. The NBA tonight completed its annual audit, and released the salary cap and luxury tax numbers for the 2009/10 season. The National Basketball Association today announced that the Salary Cap for the 2009-10 season will be $57.7 million. The tax level for the 2009-10 season has been set at $69.92 million. Any team... Read more »
By MarkDeeks,
July 7, 2009 at 11:41 pm
• 6 comments