Bulls Rumors

And-Ones: Offseason Roundup, 2022 Free Agency, Evans, Nogueira

Despite the recent surge in COVID-19 breakthrough cases, the expectation around the NBA is that things will return roughly to normal for the 2021/22 season, writes ESPN’s Tim Bontemps in his offseason roundup.

Bontemps polled 10 executives and scouts on some of the most pressing questions of the offseason, such as who the best player will be this season (Giannis Antetokounmpo and Kevin Durant tied for first), the best moves of the offseason (the Heat signing Kyle Lowry won out over the Magic drafting Jalen Suggs and the Wizards getting off Russell Westbrook‘s contract), the worst moves (DeMar DeRozan‘s signing with the Bulls), and others.

The executives also gave their thoughts on why fewer teams seem to be tanking this season and who should be considered the favorites to win the title.

We have more news from around the world of hoops:

  • 2022 was at one point considered a loaded free agency class, writes Bobby Marks of ESPN (Insider link), but after the most recent round of extensions, the big names have been whittled down to Bradley Beal and Zach LaVine. Marks predicts some, if not all of Josh Richardson, Aaron Gordon, Jalen Brunson, Tyus Jones and Mitchell Robinson will sign extensions before the season starts and quotes a Western Conference executive who says that due to scarcity of stars on the market, he expects the regular season trade scene to be extremely active. Marks also breaks down the teams who have or could have cap space next summer.
  • 2012 NBA Slam Dunk Contest Champion Jeremy Evans, who spent five seasons with the Jazz and two more with the Mavs and Hawks, has signed with the Greek team Panathinaikos, according to Hoops Rumors’ JD Shaw (Twitter link).
  • JD Shaw also tweets that former Raptor Lucas “Bebé” Nogueira, who was picked just one spot after Antetokounmpo in the 2013 draft, has come out of retirement to play for Sao Paolo in his home country of Brazil. As Shaw notes, Nogueira had announced his retirement in February.

Community Shootaround: Lauri Markkanen

Most of the prominent free agents this summer have already been signed, but restricted free agent Lauri Markkanen remains in limbo.

The Bulls forward has been seeking a big offer sheet but that hasn’t come to fruition. With most teams having already eaten up their cap space, it’s unlikely to occur.

Markkanen could still be part of a sign-and-trade but there are complications. Teams such as the PelicansMavericks, Timberwolves and Celtics have been mentioned as potential destinations with the first two having the most interest.

The NBA’s investigation into the Lonzo Ball sign-and-trade makes it unlikely Chicago would pursue another sign-and-trade until the league completes its probe. The Bulls are also reportedly driving a hard bargain. They want a first-round pick in return and don’t want to take on a long-term contract. Some of Markkanen’s reported suitors can absorb his contract in a traded player exception, depending upon the starting salary Markkanen would accept.

The main alternative for Markkanen would be to sign his $9MM qualifying offer, which would allow him to become an unrestricted free agent next summer. Markkanen would likely be a second-unit player behind 2020 lottery pick Patrick Williams if he returns to Chicago.

This leads to our question of the day: Where do you think restricted free agent Lauri Markkanen will wind up this coming season?

Please take to the comments section to voice your opinion. We look forward to your input.

Southwest Notes: Markkanen, Lamb, Grizzlies, Mavs’ Staff

The Mavericks would be happy to acquire Lauri Markkanen from the Bulls if he would agree sign under market value so they could fit him into their $11MM traded player exception, according to Tim Cato of The Athletic. In that sign-and-trade scenario, the Mavericks likely wouldn’t have to give up a rotation player.

The alternative would be to offer Markkanen a three-year deal in the $44MM range. The Bulls have some interest in Maxi Kleber, Cato adds. Kleber has a base salary of $8.75MM next season and his 2022/23 salary is non-guaranteed. However, the Mavericks would be giving up a rotation piece and replacing him with a player with a higher salary.

We have more from the Southwest Division:

  • The Rockets have made a two-way qualifying offer to Anthony Lamb but he hopes that he proved in summer league play he deserves a standard contract, Jonathan Feigen of the Houston Chronicle writes. “Hopefully, I convince them I deserve more,” Lamb said. He averaged 7.2 PPG, 5.4 RPG and 1.8 APG and played strong defense in five outings at Las Vegas.
  • The Grizzlies have become a proverbial dumping ground for teams looking to move contracts they’re trying to shed, says Mark Giannotto of the Memphis Commercial Appeal. Their recent acquisition of Patrick Beverley – who is being flipped to Minnesota – and Rajon Rondo from the Clippers demonstrates that strategy. Memphis has made a number of similar moves in recent years, stockpiling first-round draft picks and opening up cap space after this season with the hope landing another star to join Ja Morant and Jaren Jackson Jr.
  • The Mavericks are looking to add another assistant to Jason Kidd’s staff, according to Brad Townsend of the Dallas Morning News, who tweets that they’ve interviewed at least two female candidates with the aim of hiring one of them if the right candidate is found. Dallas had a female assistant last season in Jenny Boucek, who joined Rick Carlisle‘s staff in Indiana.

Central Notes: Markkanen, Diallo, Mobley, Stevens

The NBA’s investigation of the Bulls for possible tampering involving Lonzo Ball could complicate efforts to find a new team for Lauri Markkanen, writes K.C. Johnson of NBC Sports Chicago. Because Markkanen is a restricted free agent, he will need cooperation from Chicago to go elsewhere, either by not matching his offer or working out a sign-and-trade, but Johnson doesn’t believe the league will permit sign-and-trade negotiations until the probe of the early agreement with Ball is wrapped up.

The Pelicans and Mavericks both have large trade exceptions, so they remain potential destinations for Markkanen, Johnson adds. The Bulls are asking for a first-round pick in any sign-and-trade deal, and they’re not willing to take on a large, lengthy contract in return. Another possibility is for Markkanen to accept his one-year, $9MM qualifying offer and remain in Chicago, but he has indicated that he prefers to play somewhere else next season.

There’s more from the Central Division:

  • The Pistons will face a roster crunch if they keep restricted free agent Hamidou Diallo, observes James L. Edwards III of The Athletic. Detroit already has 15 guaranteed contracts for the upcoming season, and while Diallo is searching for a better deal than his $2.1MM qualifying offer, he will likely sign it if he can’t get more money elsewhere. Edwards expects Josh Jackson, Jahlil Okafor or Sekou Doumbouya to be traded or released if Diallo stays in Detroit.
  • Jordan Brink and Austin Dufault have been promoted to player development coaches with the Pistons, Edwards tweets. Brink has been with the team since 2016 and is the only remaining member of Stan Van Gundy’s staff. Dufault played collegiately at Colorado and spent six seasons as a player in Europe.
  • The Cavaliers were satisfied with their Summer League showing, which included the first on-court experience for No. 3 pick Evan Mobley, per Chris Fedor of Cleveland.com. In three games, Mobley showed off the skills that made him one of the top prospects in the draft, but also displayed areas where he needs work, as he shot just 1 of 8 from three-point range and didn’t have reliable moves in the post. Summer League also provided a showcase for Lamar Stevens, Fedor adds, who could end up fighting for the final roster spot with Mfiondu Kabengele and Damyean Dotson if the team makes more roster additions.

Central Notes: Mobley, Hartenstein, Garza, Bulls

The tenure of Cavaliers rookie center Evan Mobley in this year’s NBA Summer League in Las Vegas is over, confirms Chris Fedor of Cleveland.com (Twitter link). Fedor adds that the Cavaliers were only ever planning to have the former USC big man, the No. 3 overall pick in the 2021 draft, suit up for three contests while in Vegas.

In 33 games for USC, Mobley averaged 16.4 PPG, 8.7 RPG and 2.9 BPG. He was named the 2020/21 Pac-12 Defensive Player of the Year as well as the 2020/21 Pac-12 Player of the Year during his lone college season. Mobley was also a consensus All-American selection.

There’s more out of the Central Division:

  • A Cavaliers team representative attended a Las Vegas workout for free agent center Isaiah Hartenstein this week, tweets Chris Fedor of Cleveland.com. Hartenstein played with Cleveland to conclude the season, as part of the team’s return package in the trade that sent center JaVale McGee to the Nuggets. Fedor notes that, though Cleveland may be open to a reunion, the club’s priority is adding wing depth. The seven-footer averaged 8.3 PPG, 6.0 RPG, 2.5 APG and 1.2 BPG across 16 games for Cleveland after the deal.
  • Pistons rookie big man Luka Garza is aware that he may have to use effort to compensate for his shortcomings in speed. “I know every guy in the NBA can beat me in a 3/4 court sprint,” he said, per James Edwards III of The Athletic (Twitter link). “But is everyone going to run that hard in the game? No, but I’m going to.” The 6’11” Garza was the No. 52 selection out of Iowa in this year’s draft.
  • New Bulls wing DeMar DeRozan anticipates that his All Star teammate Zach LaVine will see his play improve thanks to a galvanizing Summer Olympics stint in Tokyo this year, according to K.C. Johnson of NBC Sports Chicago“Just being around the greatest players in the world, the greatest minds, the greatest coaches, it does something unconsciously to you that gives you the ultimate confidence, the ultimate work ethic, makes you realize that you belong in the elite category of guys,” DeRozan said. “You see their work ethic, the way they approach the game, the winning mentality that they have and what it feels like to win. And something like that carries over whether you realize it or not. It goes a long way.” DeRozan won a gold medal with Team USA during the 2016 Summer Olympics in Rio de Janeiro.

Bulls Notes: DeRozan, Ball, Caruso, Simonovic

When DeMar DeRozan‘s deal with the Bulls first leaked, he seemed like an odd fit for a team that already had Lonzo Ball and Zach LaVine in its backcourt. But DeRozan dismissed that concern during his introductory news conference in Chicago, writes Rob Schaeffer of NBC Sports Chicago.

“I mean, it’s basketball. Lot of people I see criticizing, talking about ‘fit this, fit that’ have probably never even played basketball,” DeRozan said. “For me, if everybody (is) on the same page mentality and wants to win, it don’t matter about a ‘fit,’ because it’s all gonna come together how it need to come together and make it work. Because at the end of the day the common denominator is winning.”

DeRozan brings a lot of valuable assets to the Bulls that go beyond on-court fit, Schaeffer points out. He ranked eighth in free throw attempts per game last season with 7.2, a category in which Chicago was last in the league, and his turnover rate has been better than the league average in all 12 of his NBA seasons. In addition, DeRozan believes he can serve as a veteran leader, the way Chris Paul did in Phoenix.

“With the experience of the successes, the failures, everything that I went through,” he said, “just understanding going into the season from Day 1 to the last day what it takes to really go over those humps, the tough days where stuff is going bad. When a game or two is off track, how to put things back in place, how to get guys back together.”

There’s more from Chicago:

  • When the Bulls reached an agreement with Ball, that gave DeRozan more incentive to come to Chicago, according to Darnell Mayberry of The Athletic“Once Lonzo signed, that made it even more appealing,” DeRozan said. “You could see what they were working toward, and it was something I wanted to be a part of. It wasn’t too much of a pitch that they had to make after that.”
  • Alex Caruso will bring defensive toughness and championship experience to the Bulls, Schaeffer adds in a separate story. The former Laker said good defensive players have to show a willingness to be physical and “a little dirty” to be successful.
  • The contract for forward/center Marko Simonovic, a second-round pick in 2020, is worth $4.3MM over three years, tweets Michael Scotto of HoopsHype. The first two seasons come with a full guarantee, but the final year is non-guaranteed. The Bulls used the remainder of their non-taxpayer mid-level exception to sign Simonovic, according to Keith Smith of Spotrac (Twitter link), who breaks down the minimum-salary deal at $925,258 for the upcoming season, $1,563,518 in 2022/23 and $1,836,096 in 2023/24.

DeRozan's Contract Is Fully Guaranteed

  • Javonte Green‘s two-year, veteran’s minimum contract with the Bulls is fully guaranteed and doesn’t include any options, Keith Smith tweets. Green was acquired in March and entered the month as a restricted free agent after Chicago extended him a qualifying offer. The signing was made official on Wednesday.
  • DeMar DeRozan will make $26MM in the first season of his three-year contract, somewhat below what was initially reported, Bobby Marks of ESPN tweets. DeRozan, who was acquired by the Bulls in a sign-and-trade, will make $27.3MM and $28.6MM in the final two years, for a total of $81.9MM, according to Smith (Twitter link). The contract is fully guaranteed without any options or bonuses.

Bulls’ Devon Dotson Signs Qualifying Offer

Free agent guard Devon Dotson has signed his qualifying offer from the Bulls, Shams Charania of The Athletic tweets.

Dotson will be on a two-way contract and the qualifying offer includes a $50K guarantee. Chicago still has its other two-way slot available.

Dotson, 22, was also on a two-way deal last season when he appeared in 11 games with the Bulls as a rookie, averaging 2.1 PPG in 4.5 MPG. Dotson averaged 13 PPG and 5.6 APG in 10 G League games with the Canton Charge.

He’s currently averaging 6.7 PPG and 3.0 APG in 22.2 MPG through three summer league games in Las Vegas.

Ball Happy To Go Where Wanted

  • The sign-and-trade with the Pelicans brought Lonzo Ball to an organization that wanted him — the Bulls. Acquired in a sign-and-trade, Ball appreciates how his new bosses feel about him, Joe Cowley of the Chicago Sun-Times writes. “Just me personally, I feel like they wanted me,” he said. “And I want to play for someone that wants me to play for them. So that was attractive.’’
  • When DeMar DeRozan saw that Bulls were bringing in Ball, they didn’t need to do a hard sell to convince him to join the team, Cowley notes in the same story. DeRozan also came aboard in a sign-and-trade. “You could see what they were working toward, and it was something I wanted to be a part of,’ he said. “It wasn’t too much of a pitch that they had to make after that.’’

Largest Trade Exceptions Created This Offseason

A total of 26 trades have been completed to so far during the 2021 NBA offseason, and many of those deals generated at least one “traded player exception.”

As we explain in our glossary, a traded player exception allows a team to take on salary in a trade without sending out any salary in return. The amount of the exception plus $100K is the amount of salary the team is permitted to take back without salary-matching – either in a single deal or in multiple trades – for one year.

For instance, a team with a $10MM trade exception could acquire a player earning $4MM and a player earning $6.1MM without having to worry about sending out any outgoing salary.

One of the biggest trade exceptions ever created – the Thunder‘s $27.5MM TPE from last November’s Steven Adams trade – expired last week without being used, but Oklahoma City still has a pair of sizeable exceptions to work with, as our tracker shows. The team could also create upwards of $30MM in cap space by renouncing all its exceptions, including the mid-level and bi-annual.

While the Thunder have some big traded player exceptions, they aren’t one of the teams that created sizable new TPEs in offseason deals this year. Here are the largest new trade exceptions generated this summer:

  1. New Orleans Pelicans: $17,073,171 (Steven Adams)
  2. Brooklyn Nets: $11,454,048 (Spencer Dinwiddie)
  3. Dallas Mavericks: $10,865,952 (Josh Richardson)
  4. Boston Celtics: $9,720,900 (Tristan Thompson)
    • Note: It’s unclear whether the Celtics absorbed Bruno Fernando‘s salary ($1,782,621) using the Thompson exception or their Kemba Walker trade exception ($6,879,100). We’re assuming for now that Fernando slotted into the Walker exception, reducing its value to $5,096,479. However, if he went into the Thompson TPE, its value would be reduced to $7,938,279.
  5. Utah Jazz: $7,475,379 (Derrick Favors)
    • Note: There was an expectation that the Jazz would slot Eric Paschall‘s salary ($1,782,621) into one of two trade exceptions that were set to expire on August 6. However, it appears the deal wasn’t completed until August 7 for logistical reasons, meaning the Favors TPE (originally $9,258,000) would’ve had to be used.
  6. Indiana Pacers: $7,333,333 (Doug McDermott)
  7. Chicago Bulls: $5,000,000 (Daniel Theis)

For a second straight year, a team generated the largest trade exception of the offseason by trading Adams. This time around, it was the Pelicans, who cleverly folded separate trade agreements with the Grizzlies and Hornets into one three-team deal, sending Wesley Iwundu to Charlotte to ensure that Adams’ salary wouldn’t be required for matching purposes.

The Pelicans and Mavericks are the two best candidates on this list to make use of their newly-created exceptions at some point. The larger the exception is, the easier it is to find a use for, and those are two of the three biggest in this group.

The other big TPE belongs to the Nets, but they’re already way over the tax line and will be reluctant to take on more salary unless they have a really good reason to do so. That’s probably true of most of the other teams on this list too — the Celtics and Jazz in particular have to be conscious of luxury-tax concerns as they mull the possibility of taking on additional salary. New Orleans and Dallas have more wiggle room, while the Pacers and Bulls are somewhere in between.

The full list of available trade exceptions can be found here.

Salary information from Basketball Insiders was used in the creation of this post.