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Bulls Notes: DeRozan, Ball, Caruso, Simonovic

August 14th, 2021 at 7:37pm CST by Arthur Hill

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

August 14th, 2021 at 11:31am CST by Dana Gauruder

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

August 14th, 2021 at 9:00am CST by Dana Gauruder

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

August 13th, 2021 at 5:54pm CST by Dana Gauruder

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

August 13th, 2021 at 3:09pm CST by Luke Adams

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:

New Orleans Pelicans: $17,073,171 (Steven Adams)
Brooklyn Nets: $11,454,048 (Spencer Dinwiddie)
Dallas Mavericks: $10,865,952 (Josh Richardson)
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.
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.
Indiana Pacers: $7,333,333 (Doug McDermott)
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.

Bulls Sign Ayo Dosunmu, Marko Simonovic

August 13th, 2021 at 1:38pm CST by Luke Adams

6:53pm: Dosunmu received a guaranteed two-year, $2.48MM contract, Shams Charania of The Athletic tweets. That’s a minimum-salary deal, which would leave the mid-level open for Simonovic.

1:38pm: The Bulls have officially locked up a pair of second-round picks, signing guard Ayo Dosunmu and forward/center Marko Simonovic to their first NBA contracts, according to NBA.com’s transactions log.

Dosunmu, 21, played his college ball at Illinois, spending three years with the Fighting Illini before declaring for the draft following his junior season. He averaged an impressive 20.1 PPG, 6.3 RPG, and 5.3 APG on .488/.390/.783 shooting in 28 games (35.1 MPG) in 2020/21 and was selected 38th overall by the Bulls in the 2021 draft.

Simonovic, meanwhile, was the No. 44 pick in the 2020 draft, but played in Serbia for one more season before making the leap to the NBA. The 21-year-old big man, who confirmed earlier this week that he’d be signing with the Bulls, put up 15.7 PPG, 9.1 RPG, 1.7 APG, and 1.0 SPG in 25 games (31.6 MPG) for Mega Basket in the Adriatic League in 2020/21.

Terms of the two deals aren’t yet known, but the Bulls had less than $1MM of their mid-level exception left after signing Alex Caruso using most of the MLE. That means they’ll be able to give one of their rookies a three- or four-year deal, but will be limited to two years for the other (via either the bi-annual exception or the minimum salary exception).

The Bulls now have 12 players on under contract, with Lauri Markkanen‘s restricted free agency still to be resolved.

Dosunmu Struggling Offensively In Summer League

August 12th, 2021 at 9:56pm CST by Dana Gauruder

Bulls second-rounder Ayo Dosunmu is off to a rough shooting start in the summer league, Joe Cowley of the Chicago Sun-Times notes. He’s shooting 7-for-24 (29%) from the field through three games. “The advice I got was go out there and play hard,’’ said Dosunmu, the 38th overall selection. “Just try to learn something new each game. That’s the best way you’re going to get better.”

And-Ones: Draft Picks, Hammon, Luxury Tax, Gortman, Spurs

August 12th, 2021 at 2:48pm CST by Luke Adams

Executives around the NBA don’t love the idea of having teams forfeit second-round picks as a result of tampering investigations, like the Bucks did a year ago, writes ESPN’s Jonathan Givony (Insider link). As Givony explains, the thinking is that late second-rounders don’t have a ton of value to begin with, so taking away those picks hurts would-be draftees as much as it hurts teams.

“Why are we punishing players by reducing the number of picks that are made in the NBA draft?” one executive said to Givony. “Players work their entire careers to get to the point that they can hear their names called on draft night. It’s completely unfair to them to have fewer bestowed that honor because of backroom shenanigans that are entirely out of their control.”

Givony suggests some execs would like to see the NBA find a way to avoid having fewer than 60 picks in future drafts by redistributing any forfeited picks. For instance, a team that wins a midseason tournament could earn an extra second-round pick, or a forfeited pick could be awarded to the team that employs the winner of the league’s new Kareem Abdul-Jabbar Social Justice Champion award.

“How cool would it have been if (inaugural winner) Carmelo Anthony went up to the podium at the 60th pick and announced that the Portland Trail Blazers have drafted someone?” one Eastern Conference executive said to Givony. “That would have been a great moment at Barclays Center, shedding light on the work he’s done, and tying it to the start of a young player’s NBA career, who could maybe follow in his footsteps.”

Here are a few more odds and ends from around the basketball world:

Speaking to Doug Feinberg of The Associated Press, Spurs assistant Becky Hammon said she can’t wait for a time when it’s considered normal for NBA teams to interview and hire women for head coaching jobs. Hammon, one of the few women to receive head coaching consideration, added that she wants to be hired for the right reasons. “Please don’t hire me to check a box. That’s the worst thing you can do for me,” she said. “Hire me because of my skill sets and coaching, who am I as a person, hire me for those.”
Bobby Marks of ESPN (Twitter link) provides a breakdown of the projected tax penalties for the eight teams currently above the tax line. While some clubs may shed salary over the course of the season to reduce those bills, the current numbers are staggering, especially for the Warriors ($184MM), Nets ($131MM), and Clippers ($125MM).
Five-star prospect Jazian Gortman, a guard based in South Carolina whom ESPN ranks fifth in the 2022 recruiting class, has signed with Overtime Elite, the league announced on Wednesday in a press release.
RealGM has the details on the draft picks involved in a pair of Spurs trades – with the Pacers (Doug McDermott) and Bulls (DeMar DeRozan) – this week. Most notably, the first-round pick Chicago is sending San Antonio will be top-10 protected in 2025 and top-eight protected in two subsequent years. That pick would be pushed back by a year if the Bulls’ 2023 first-rounder falls within in its top-four protection and isn’t conveyed until 2024.

NBA Teams With Hard Caps For 2021/22

August 12th, 2021 at 1:19pm CST by Luke Adams

The NBA salary cap is somewhat malleable, with various exceptions allowing every team to surpass the $112,414,000 threshold once their cap room is used up. In some cases, teams blow past not only the cap limit, but the luxury-tax line of $136,606,000 as well — the Nets and Warriors, for instance, project to have nine-figure tax bills this season as a result of their spending.

The NBA doesn’t have a “hard cap” by default, which allows clubs like Brooklyn and Golden State to build a significant payroll without violating CBA rules. However, there are certain scenarios in which teams can be hard-capped, as we explain in a glossary entry.

When a club uses the bi-annual exception, acquires a player via sign-and-trade, or uses more than the taxpayer portion of the mid-level exception (three years, starting at $5,890,000), that club will face a hard cap for the remainder of the league year.

When a team becomes hard-capped, it cannot exceed the “tax apron” at any point during the rest of the league year. The tax apron for 2021/22 was set at $143,002,000.

So far, over a third of the teams in the NBA have been willing to hard-cap themselves this offseason. Some teams will have to be aware of that hard cap when they consider any roster move for the rest of the season, but for others it’s just a technicality that won’t affect their plans.

Listed below are the hard-capped teams for the 2021/22 league year, along with how they created a hard cap.

Chicago Bulls

Acquired Lonzo Ball from Pelicans via sign-and-trade.
Acquired DeMar DeRozan from Spurs via sign-and-trade.
Used non-taxpayer mid-level exception on Alex Caruso.

Cleveland Cavaliers

Acquired Lauri Markkanen from Bulls via sign-and-trade.

Dallas Mavericks

Used non-taxpayer mid-level exception on Reggie Bullock.
Used bi-annual exception on Sterling Brown.

Houston Rockets

Acquired Daniel Theis from Bulls via sign-and-trade.

Miami Heat

Acquired Kyle Lowry from Raptors via sign-and-trade.
Used non-taxpayer mid-level exception on P.J. Tucker.

New Orleans Pelicans

Acquired Devonte’ Graham from Hornets via sign-and-trade.
Acquired Garrett Temple from Bulls via sign-and-trade.

New York Knicks

Acquired Evan Fournier from Celtics via sign-and-trade.

Oklahoma City Thunder

Used non-taxpayer mid-level exception on Jeremiah Robinson-Earl.

San Antonio Spurs

Acquired Doug McDermott from Pacers via sign-and-trade.

Toronto Raptors

Used non-taxpayer mid-level exception on Khem Birch.

Washington Wizards

Acquired Spencer Dinwiddie from Nets via sign-and-trade.
Used non-taxpayer mid-level exception on Isaiah Todd.

This list, which could continue to grow, will continue to be updated throughout the 2021/22 league year as necessary. It can be found anytime in the “Hoops Rumors Features” menu on the right-hand sidebar of our desktop site, or in the “Features” menu on our mobile site.

Bulls Notes: Caruso, Dosunmu, Simonovic, Valentine, Williams, DeRozan

August 11th, 2021 at 6:48pm CST by Dana Gauruder

Alex Caruso‘s four-year, $37MM contract has a $3MM guarantee in the fourth season, ESPN’s Bobby Marks reveals in an Instagram video. The Bulls used up $8.6MM of their $9.536MM mid-level exeption for Caruso’s first-year salary, giving them just enough room to sign No. 38 overall pick Ayo Dosunmu, Marks adds.

We have more on the Bulls:

Second-round pick Marko Simonovic had an impressive summer league debut, contributing 13 points and five rebounds in 15 minutes against New Orleans, Sam Smith of the team’s website writes. “This is everything new for me,” said Simonovic, a 6’11” power forward. “I’m coming from Europe and everything is different. But I feel really good and people tell me I look good. I think next season I can help the team.”
The Bulls have renounced their rights to Denzel Valentine and Cristiano Felicio, according to the RealGM transactions log. While that doesn’t rule out the possibility of re-signing those players, Chicago needed to renounce the rights to them and seven other players to complete all its off-season moves. Felicio signed with a club in Germany earlier this week.
Patrick Williams believes he can learn plenty from DeMar DeRozan, Rob Schaefer of NBC Sports Chicago writes. “He’s a really good wing in this league. Mostly, I want to be at the level that he’s at,” Williams said. “When he gets here, I’ll definitely ask him some questions about how he plays in the mid-post and kind of what he sees after an important possession. I’m definitely excited to learn from not only him but everyone else as well.” DeRozan was officially acquired on Wednesday.
In turn, DeRozan is impressed with the talent level on the roster, Darnell Mayberry of The Athletic writes. “Great organization. The history behind it is definitely amazing. But for sure, the talent,” he said. “Looking at players like Zach (LaVine), I’ve been a fan of Zach since he’s been in the league. Just looking at the overall squad. Seeing (Nikola) Vučević there, that was my teammate in college. So, it’s been great.”