Chicago Bulls Rumors | Hoops Rumors

Bulls Sign Ethan Thompson To Exhibit 10 Contract

September 7th, 2021 at 7:45pm CST by Luke Adams

SEPTEMBER 7: Over a month after the deal was officially reported, the Bulls have officially signed Thompson to a non-guaranteed camp deal, per ESPN’s Bobby Marks (Twitter link).

JULY 30: The Bulls have reached an agreement to sign former Oregon State shooting guard Ethan Thompson to an Exhibit 10 contract, according to Michael Scotto of HoopsHype (Twitter link).

Thompson, who went undrafted on Thursday night, spent his four-year college career with the Beavers, starting all 127 games he played for the team. In 2020/21, he averaged 15.7 PPG to go along with 4.0 RPG and 3.9 APG in 33.6 minutes per contest (33 games). The 22-year-old earned a spot on the All-Pac-12 First Team.

Exhibit 10 contracts give NBA teams a chance to bring players to training camp and get a look at them without guaranteeing them a regular season roster spot or any real salary. If Thompson ends up playing for the Windy City Bulls, Chicago’s G League affiliate, he could earn a $50K bonus due to the Exhibit 10 language in his deal.

Bulls Sign Matt Thomas

September 6th, 2021 at 4:42pm CST by Luke Adams

The Bulls have signed free agent sharpshooter Matt Thomas to a contract, according to RealGM’s log of official NBA transactions. The signing occurred on Saturday, per RealGM.

Thomas, who signed a multiyear deal with the Raptors in 2019 following an impressive stint overseas, spent a year-and-a-half with Toronto before being sent to Utah at the 2021 deadline. In total, he appeared in 86 games for the Raptors and Jazz, averaging 4.0 PPG in 8.9 minutes per contest.

Thomas is known for his ability to knock down three-point shots. He made 41.3% of his long-distance attempts during his two NBA seasons after making 48.1% for Valencia Basket during his last year in Europe in 2018/19.

While the specific details of Thomas’ deal aren’t known, RealGM classifies it as a one-year contract. And since it doesn’t show up NBA.com’s transactions log – which doesn’t list non-guaranteed signings – it’s probably safe to assume it’s not guaranteed.

Since Chicago has been carrying 13 players on guaranteed contracts, Thomas could get an opportunity to compete for a regular season roster spot. Stanley Johnson, another former Raptor who reached a deal with the Bulls today, also figures to be in the mix for a roster spot — it’s unclear whether or not Johnson’s salary will be guaranteed.

LaVine Has To Deliver Under Increased Expectations

September 4th, 2021 at 9:46am CST by Dana Gauruder

Zach LaVine will have a lot more pressure on him than in any other previous season in his NBA career, according to Joe Cowley of the Chicago Sun-Times. The Bulls’ front office has built the team specifically to emphasize his strengths and now LaVine has to produce with the team’s expectations ramped up. LaVine, who is an unrestricted free agent after the season, can prove he deserves to be compensated like a max player if he delivers.

Frontcourt Options Limited With Millsap Joining Nets

September 3rd, 2021 at 8:36pm CST by Dana Gauruder

With Paul Millsap agreeing to join the Nets, the Bulls don’t have a lot of attractive free agent options to add to their frontcourt depth, K.C. Johnson of NBC Sports Chicago notes. Millsap strongly considered the Bulls but they now have to shift gears. They could bid for restricted free agent Jarred Vanderbilt, take a flier on D.J. Wilson or add an international player to fortify the power forward spot. They could also sign small forward James Ennis and use him in smaller lineups, Johnson adds. Otherwise, they may have to pursue a trade.

The Bulls improved their roster with their busy offseason but it’s fair to wonder whether all of those changes made sense as a whole, Zach Harper of The Athletic opines. While they have upgraded in the backcourt and the wing spots with the additions of Lonzo Ball, Alex Caruso and DeMar DeRozan, their frontcourt options have thinned.

Paul Millsap To Sign With Nets

September 2nd, 2021 at 8:36am CST by Arthur Hill

The Nets are landing one of the top free agents left on the market, agreeing to a deal with Paul Millsap, tweets Shams Charania of The Athletic. The deal was confirmed by Millsap’s agent, DeAngelo Simmons.

Numerous teams had expressed interest in the 36-year-old power forward, who spent the past four seasons in Denver. According to Charania, Millsap considered other contending teams, such as the Warriors, Bulls and Clippers, before deciding on Brooklyn (Twitter link).

The Nets were only able to offer a veteran’s minimum salary, but Millsap is looking for a chance to win a title, and Brooklyn is among the favorites for the upcoming season.

Millsap remained a productive player for the Nuggets last year in his 15th NBA season, averaging 9.0 points and 4.7 rebounds in 20.8 minutes per night. He started 36 of the 56 games he played, although his usage declined in the postseason.

The addition of Millsap would bring the Nets to 20 players heading into camp if they sign second-round draft picks Marcus Zegarowski and RaiQuan Gray. The team still has one of its two-way slots open.

Having another big man on the roster should lead to further speculation of a potential buyout for DeAndre Jordan. There has been talk that Brooklyn wants to get out from under Jordan’s contract, which will pay him $19.7MM over the next two seasons.

Coby White Should See Playing Time When He Returns

September 1st, 2021 at 7:51pm CST by Arthur Hill

Even though the Bulls stocked up on guards this summer, there should be playing time available for Coby White once he returns from surgery on his left shoulder, states Jamal Collier of The Chicago Tribune. Collier sees White as a back-up to Zach LaVine and DeMar DeRozan, and he may be on the court with Alex Caruso in three-guard lineups.

Scotto’s Latest: Cavs, Bulls, J. Smith, D. Jordan, Dudley, More

September 1st, 2021 at 3:29pm CST by Luke Adams

There were some “intense” talks in the Lauri Markkanen sign-and-trade negotiations between the Cavaliers and Bulls for several days leading up to their agreement last week, Michael Scotto of HoopsHype said in his latest podcast with Yossi Gozlan.

According to Scotto, Cleveland originally wanted to include three second-round picks in their offer for Markkanen, but Chicago insisted on receiving a first-rounder, and the Cavs were able to get one from Portland for Larry Nance Jr. and reroute it to the Bulls.

Even after securing that first-round pick, the Bulls held out for a second-rounder on top of that, according to Scotto, who says some of the parties involved in those negotiations were frustrated by what they perceived to be a moving of the goal posts. Eventually though, the Cavs sent a protected second-round selection to Chicago to get the deal done.

Here’s more from Scotto:

Second-year big man Jalen Smith has been made available by the Suns, multiple sources tell Scotto. Jake Fischer of Bleacher Report stated last month that Phoenix was gauging interest in Smith, and I speculated earlier this week that the former lottery pick could be in play if the Suns make a trade offer for Spurs forward Thaddeus Young.
Scotto reports that the Nets have offered a first-round pick swap in trade talks involving center DeAndre Jordan, but haven’t found any takers. The two sides are reportedly exploring a buyout.
Jared Dudley told Scotto that he planned to retire if the Lakers didn’t re-sign him, since he didn’t want to play anywhere else. When L.A. chose to move on, Dudley accepted an assistant coaching job with the Mavericks.
The Bulls are among the teams that have shown some interest in free agent wing James Ennis, according to Scotto.
When he re-signed with the Knicks, Nerlens Noel wasn’t assured the starting center job, but he’ll get a chance to compete for that role and will “definitely” play meaningful minutes, says Scotto.

Central Notes: Bulls, Markkanen, Rubio, Martin

August 30th, 2021 at 6:10pm CST by Alex Kirschenbaum

The Bulls and their recently-departed backup power forward Lauri Markkanen should both be better off following the restricted free agent’s sign-and-trade agreement with the Cavaliers, contends Sam Smith of Bulls.com.

Given that retaining Markkanen in Chicago would almost certainly stir locker room drama this season, Smith notes that both sides seem poised to benefit from this fresh start. The Bulls were able to add back two new future draft picks and some salary cap flexibility with Derrick Jones Jr.‘s expiring contract.

Markkanen, meanwhile, will get to once again put up good numbers on a new lottery-bound Cavaliers team that should inflate his depreciated value around the league. Smith still sees potential All-Star upside in Markkanen, the seventh overall selection by the Bulls out of Arizona in the 2017 draft. Perhaps the seven-footer can reach his ceiling in Cleveland.

There’s more out of the Central Division:

There are some fascinating wrinkles to ponder now that Markkanen has joined the Cavaliers, writes Kelsey Russo of The Athletic. Russo takes a deep dive into the Markkanen deal and how it could impact Cleveland’s frontcourt rotations. The 24-year-old sharpshooting big man will help spread the floor, and could do well alongside ball-handlers Darius Garland and Collin Sexton. Evan Mobley, the third pick in the 2021 draft out of USC, should compete with Markkanen for starting power forward honors. Mobley will likely see more time at center now, too, behind newly-minted $100MM man Jarrett Allen. Injury-prone former All-Star power forward Kevin Love will most likely fall behind both Markkanen and Mobley in the rotation now.
Oft-traded new Cavaliers reserve point guard Ricky Rubio admitted that being dealt so frequently has proven frustrating, as he told Didac Piferrer of Marca (hat tip to Johnny Askounis of EuroHoops). “I am indeed a bit tired (of the trades), but I have been in the NBA for ten years now and I know how it works,” Rubio said. “At the end of the day, everyone tries to be ready to adapt to a new environment. You must be mentally prepared for his. But everything takes time.” Rubio was dealt from the Suns to the Thunder, then to the Timberwolves, during the 2020 offseason. He was subsequently sent to Cleveland during the 2021 offseason. Rubio, who is on the last season of a three-year, $51MM deal he inked with Phoenix in 2019, has also played for the Jazz during his ten-year NBA career.
The Cavaliers renounced their free agent exception rights to two-way point guard Jeremiah Martin when completing the Markkanen sign-and-trade, per RealGM. After Cleveland promoted power forward Lamar Stevens from a two-way deal to its 15-man roster in April 2021, the club added Martin on a two-way contract. He suited up for nine contests with the team for the 2020/21 season.

Bulls Stuck To High Asking Price In Markkanen Negotiations

August 30th, 2021 at 3:05pm CST by Luke Adams

Although the Bulls never seemed focused on signing Lauri Markkanen to a long-term deal, the high asking price they set in sign-and-trade negotiations sent a message to executives around the league that they valued him and weren’t willing to lose him for nothing, writes Charania. According to Charania, the second-round pick the Bulls received from the Cavaliers in the Markkanen trade had been a sticking point in negotiations.
Markkanen “fully expected” to be signed-and-traded to the Spurs in the Bulls‘ acquisition of DeMar DeRozan, but Chicago is believed to have pulled him from that package, sources tell Charania.

Bulls, Clippers Among Teams Interested In Paul Millsap

August 30th, 2021 at 12:01pm CST by Luke Adams

We can add a couple new teams to the list of clubs eyeing Paul Millsap, as Shams Charania of The Athletic reports that the Bulls have pursued the veteran power forward and the Clippers have also expressed interest.

Charania confirms that the Warriors and Nets remain in the mix for Millsap, who has previously been linked to the Hawks, Pelicans, Sixers, and Timberwolves as well.

Millsap’s decision could ultimately come down to which factors are most important to him, since some teams cited as suitors could offer more money than others, some could offer a bigger role, and some are in better position to compete for a title right away.

The Bulls, for instance, still have their $3.7MM bi-annual exception available, so they could offer Millsap more than a handful of teams limited to the minimum salary exception. The Clippers, on the other hand, are limited to a minimum-salary offer, but are closer to title contention than Chicago.

Both teams could have regular frontcourt minutes available for someone like Millsap, since the Bulls just lost Lauri Markkanen and the health of Serge Ibaka remains a question mark for the Clippers. Chicago has just 13 players on guaranteed contracts, while Los Angeles is carrying 14.