Chicago Bulls Rumors | Hoops Rumors

NBA OKs Disabled Player Exception For Bulls

July 13th, 2023 at 7:32pm CST by Alex Kirschenbaum

The NBA has approved the Bulls‘ request for a disabled player exception as a result of point guard Lonzo Ball‘s knee injury, per Shams Charania of The Athletic (Twitter link).

The ailment has kept Ball shelved since January of 2022 and has required three surgeries to date. Earlier this summer, team president Arturas Karnisovas indicated that Chicago expects the point guard to miss all of the 2023/24 NBA season.

A disabled player exception is granted when an NBA-appointed physician rules that a player is more likely than not to be sidelined through June 15 of that league year.

Ball will earn $20.46MM this season, meaning the Bulls’ DPE will be worth $10.23MM. It could be used to add a new free agent, bring in a player off waivers, or acquire someone as part of a trade. A free agent could only be signed to a one-year deal, while a player acquired via waivers or trade would have to be in the final year of his contract.

As K.C. Johnson of NBC Sports Chicago notes, the Bulls are currently only about $8MM below the luxury tax line. Should Chicago be inclined to make bigger moves beyond adding a veteran’s minimum signing or two and retaining restricted free agent Ayo Dosunmu, the disabled player exception could be a powerful mechanism, though using most or all of it would likely push team salary into the tax.

Ball underwent a cartilage transplant surgery in March to correct his knee issues, in what Johnson suggests was generally thought to be a final bid to salvage his pro career.

Since joining the Bulls on a four-year, $80MM contract in a sign-and-trade with the Pelicans, the former No. 2 overall pick has appeared in just 35 contests. He was a highly effective perimeter defender, passer and three-point shooter (42.3% on 7.4 attempts) for Chicago when healthy, and a big part of the club’s surprise success through the first half of the 2021/22 season.

The Bulls have underwhelmed while trying to replace Ball’s production at the position in a piecemeal fashion.

Contract Details For Julian Phillips

July 13th, 2023 at 7:51am CST by Luke Adams

Julian Phillips‘ first NBA contract is a four-year deal, according to Marks (Twitter link), who says the Bulls second-round pick will earn $1.6MM in year one and the minimum in the following three seasons. The deal, which was completed using the NBA’s new second-round pick exception, will include a fourth-year team option but is guaranteed for the first three years. As Marks observes, Phillips will receive the second-most guaranteed money of any 2023 second-rounders who have signed so far, behind only No. 32 pick Jalen Pickett.

Karnisovas On Carter, Craig Additions

July 12th, 2023 at 5:39pm CST by Rory Maher

The Bulls‘ top basketball executive, Arturas Karnisovas, explained the decision to sign Jevon Carter and Torrey Craig in free agency, as K.C. Johnson of NBC Sports Chicago relays. Karnisovas reiterated that the team expects to be without Lonzo Ball for the entire 2023/24 season, providing context for the additions. “Unfortunately, we’re going to miss ‘Zo,” Karnišovas said on ESPN2. “He’s the player that pushes the ball, pushes the tempo, gives you 3-point shooting. So we tried to address this this offseason. And I think we got toughness, some shooting and some guys who play with energy and a motor.” Craig’s deal isn’t official yet, Johnson notes.

Bulls Sign Second-Round Pick Julian Phillips

July 12th, 2023 at 2:47pm CST by Luke Adams

The Bulls have officially signed second-round pick Julian Phillips to his first NBA contract, the team announced today (via Twitter).

There’s no word yet on the terms of Phillips’ deal, but players drafted as high as he was (No. 35) typically sign standard contracts, and the Bulls’ announcement doesn’t say anything about it being a two-way pact. I imagine the club used the new second-round pick exception to sign him to a three- or four-year contract that includes at least one or two guaranteed seasons.

[RELATED: 2023 NBA Draft Pick Signings]

A 6’8″ forward, Phillips spent just one year in college before declaring for the draft as an early entrant. As a freshman at Tennessee in 2022/23, he averaged 8.3 points, 4.7 points, and 1.4 assists in 24.1 minutes per contest (32 games), earning SEC All-Freshman honors.

Phillips ‘ shot needs work (he made just 11-of-46 three-pointers at Tennessee), but he possesses intriguing length and athleticism.

Assuming Phillips signed a standard contract, the Bulls will have 13 players on their 15-man roster once Torrey Craig officially completes his reported deal with the team. That roster count includes Carlik Jones‘ non-guaranteed contract, but doesn’t include Ayo Dosunmu, who is still a restricted free agent.

More Contract Details: White, Lyles, A. Holiday, Draymond, D-Lo, More

July 11th, 2023 at 7:24am CST by Luke Adams

Coby White‘s new contract with the Bulls and Trey Lyles‘ new contract with the Kings both include unlikely incentives that could increase the value of those deals, Hoops Rumors has learned.

White’s three-year pact is guaranteed to be worth at least $36MM and has $1.3MM in annual incentives that could push the guard’s earnings up to $40MM in total. As for Lyles, he’ll make $8MM guaranteed salaries in each season of his two-year deal with Sacramento and could earn another $1.2MM in bonuses, which would increase the overall value of the contract to $18.4MM ($9.2MM per year).

Here are a few more details worth noting on several recently signed contracts:

Aaron Holiday‘s one-year, minimum-salary contract with the Rockets is only partially guaranteed. Holiday is assured of about $1.05MM and would receive his full $2.35MM salary if he remains under contract through at least January 7.
Draymond Green‘s four-year, $100MM contract with the Warriors includes a 15% trade kicker, while Jevon Carter‘s three-year, $19.5MM deal with the Bulls has a third-year player option.
Only the first season of Julian Champagnie‘s new four-year, $12MM contract with the Spurs is guaranteed. For each of the following three years, he’ll have to remain under contract beyond August 1 to guarantee his salary for that season.
A player who re-signs with his previous team on a one-year deal (or a two-year deal with a second-year option) has the right to veto a trade, since he’d lose his Bird (or Early Bird) rights if he’s dealt. However, the new Collective Bargaining Agreement allows a player to waive that right to veto a trade when he signs that sort of contract, and Lakers guard D’Angelo Russell became the first player to do so, per Keith Smith of Spotrac (Twitter link). Alex Len also waived his right to veto a trade as part of his new one-year deal with the Kings, Hoops Rumors has learned.

Bulls Sign Adama Sanogo To Two-Way Deal

July 10th, 2023 at 8:13pm CST by Alex Kirschenbaum

JULY 10: The signing is official, the team’s PR department tweets.

JUNE 23: The Bulls are set to sign undrafted Connecticut center Adama Sanogo to a two-way contract, sources inform Adrian Wojnarowski of ESPN (Twitter link).

Sanogo, whose Huskies won the NCAA title this year, had been projected to be the last pick in the draft, No. 58, in ESPN’s final mock draft prior to tonight. In 39 games for Connecticut during 2022/23, the 6’9″ junior logged 17.2 PPG, 7.7 RPG, 1.3 APG, 0.8 BPG and 0.7 SPG. That block tally is actually his lowest ever in college. He boasts a career average of 1.2 BPG over the course of his three NCAA seasons. He also boasted solid shooting splits of .606/.365/.766.

Chicago was compelled to forfeit its own 2023 second round selection by the league as a penalty for tampering to sign point guard Lonzo Ball in free agency. Ball has played a total of 35 games in two years for the club.

The 21-year-old Sanogo was named the NCAA Final Four Most Outstanding Player for his efforts in the tourney this spring, in addition to qualifying for the NCAA All-Tourney Team. He was also a two-time All-Big East First Teamer during his collegiate stint.

Sanogo has a 7’3″ wingspan and is a hyper-efficient scorer near the basket, but questions linger about his height and defensive ability at the next level.

Terry Shows Growth In Summer League Opener

July 9th, 2023 at 8:53pm CST by Dana Gauruder

Dalen Terry, the No. 18 pick of the 2022 draft, blanketed Toronto rookie Gradey Dick during the Bulls’ Summer League opener on Friday. It’s exactly the type of growth Chicago’s staff wants to see from Terry, Darnell Mayberry of The Athletic writes. “I love that type of energy and effort and accountability to want to be great defensively,” Summer League coach John Bryant said. “Let’s see how it continues. I think he’s a great defender. I think he has the ability to be a great, consistent defender.”

NBA Reveals Dates, Groups For In-Season Tournament

July 8th, 2023 at 7:40pm CST by Arthur Hill

The NBA has announced the five-team groups that will used for the league’s first-ever in-season tournament, writes Tim Bontemps of ESPN. The unveiling took place Saturday during a special episode of ESPN’s “NBA Today” held at “NBA Con” in Las Vegas.

The groups were determined in a draw similar to what is used in soccer’s World Cup. There are six groups — three each from the Eastern Conference and Western Conference — and each conference was split into five pots based on last season’s standings. One team was randomly selected from each of the pots to determine the opening-round matchups.

The results are:

Group 1: Sixers, Cavaliers, Hawks, Pacers and Pistons.
Group 2: Bucks, Knicks, Heat, Wizards and Hornets.
Group 3: Celtics, Nets, Raptors, Bulls and Magic.
Group 4: Grizzlies, Suns, Lakers, Jazz and Trail Blazers.
Group 5: Nuggets, Clippers, Pelicans, Mavericks and Rockets.
Group 6: Kings, Warriors, Timberwolves, Thunder and Spurs.

The tournament will start with group play, which will match each team with the other four in its grouping. Those games will take place on Nov. 3, 10, 14, 17, 21, 24 and 28.

The winner of each group will advance to a knockout round, joined by the team with the best record in each conference among those who didn’t win a group. Quarterfinal games will be played Dec. 4 and 5, hosted by the higher-seeded teams. The four winners in that round will move on to T-Mobile Arena in Las Vegas for the Dec. 7 semifinals and the Dec. 9 championship game.

Bontemps points out that all teams will play within their conference until the last game, which guarantees an East vs. West matchup, just like the NBA Finals.

“Everybody’s not going to buy in right away,” admitted Joe Dumars, the NBA’s executive vice president of basketball operations. “So that can’t be the goal that everybody’s going to buy in from day one. These things take time. And I think, as time goes on, I think you can build this up and people can really get into it.”

The championship trophy will be called the NBA Cup, and players will receive $500K each for winning it. Other prize money includes $200K for second place, $100K for losing in the semifinals and $50K for losing in the quarterfinals. The league opted not to provide other incentives, such as a guaranteed playoff spot, for the tournament winner.

We passed along more details on the in-season tournament right here.

Trade/FA Rumors: Lillard, LaVine, Sixers, Reed, Reaves, Spurs

July 7th, 2023 at 2:11pm CST by Luke Adams

The Trail Blazers are believed to be seeking a package in the neighborhood of four first-round picks and two quality players in exchange for Damian Lillard, according to Aaron Fentress of The Oregonian, who spoke to Lillard’s agent Aaron Goodwin about the negotiations. Goodwin reiterated that he’s telling other teams that his client only wants to play for the Heat.

“It’s not fair to a team to allow them to engage in a negotiation that could be futile in the end,” Goodwin told Fentress.

While Lillard may be focused on the Heat, it would require the involvement of at least one more team for the Blazers to get a package anywhere near the level they’re looking for. Having traded its 2025 first-round pick to Oklahoma City, Miami can only currently offer two first-rounders.

As we wait to see if negotiations between Portland and Miami gather any momentum with teams convening at the Las Vegas Summer League, here are a few more trade and free agency rumors from around the NBA:

League sources tell K.C. Johnson of NBC Sports Chicago that Zach LaVine‘s name has come up in preliminary trade discussions with both the Sixers and Trail Blazers. Neither of those conversations gained traction, according to Johnson, who hears that the Bulls‘ asking price for LaVine has been “extremely high.” Still, Johnson says the team has “fluctuated in its belief in LaVine’s consistency as a lead option.”
Kyle Neubeck of PhillyVoice.com hears from sources familiar with the situation that the conversations between the Sixers and Bulls were really just “check-in” talks prior to the draft and didn’t evolve beyond that. So there’s no indication at this point that any multi-team deal involving LaVine and James Harden is on the way, Neubeck writes.
The Sixers‘ deals with centers Mohamed Bamba and Montrezl Harrell haven’t diminished their desire to retain restricted free agent Paul Reed, a team source tells Noah Levick of NBC Sports Philadelphia.
The Spurs legitimately considered the possibility of an offer sheet for restricted free agent guard Austin Reaves, ESPN’s Zach Lowe said on his Lowe Post podcast. The Lakers ultimately re-signed Reaves on a four-year, $54MM deal, which was the most that they could give him directly — another team could’ve tested Los Angeles’ resolve by making a four-year offer worth up to $102MM. “I know San Antonio was going back and forth on it and for whatever reason didn’t do it,” Lowe said.

Dosunmu's Status Must Be Resolved

July 6th, 2023 at 10:09pm CST by Dana Gauruder

After waiving Marko Simonovic, the Bulls still have some work to do, K.C. Johnson of NBC Sports Chicago notes. They still must resolve Ayo Dosunmu‘s status after extending him a $5.2MM qualifying offer, making him a restricted free agent. The Bulls are perhaps trying to pursue a longer-term deal at a lower price, saving him as a potential sign-and-trade asset, or waiting to see if a suitor comes along with an offer sheet, Johnson writes.
Bulls forward Justin Lewis has been full participant in summer league camp, Johnson tweets. He’s on track to play in the Las Vegas Summer League after overcoming an ACL tear, which he suffered last August. The former Marquette star, who went undrafted last year, rehabbed the knee at Chicago’s facilities after getting waived, then re-signed with the Bulls on a two-year, two-way deal in March.