Chicago Bulls Rumors | Hoops Rumors

Bulls Notes: Hutchison, Parker, Grizzlies Trade

January 5th, 2019 at 2:21pm CST by clarkcrum

Before Thursday’s trade with the Grizzlies, Justin Holiday was a regular starter at small forward for the Bulls, starting every game he played in during the 2018/19 season. But now that he’s gone, the Bulls are asking yet another rookie, 2018 first-round pick Chandler Hutchison, to step up and play a significant role just like they’ve already asked of fellow 2018 draftee, rookie big man Wendell Carter, writes Sam Smith of Bulls.com.

“Chandler will start at the three (small forward),” head coach Jim Boylen confirmed before last night’s game. “I like his defense, his length and rebounding. He can handle the ball. He can drive the ball. I’m excited to see him play. I want to see him compete. He doesn’t have to do anything great. Just compete. Play within yourself and play like ‘Bulls’ across his chest is important.”

Hutchison, 22, is only averaging 4.2 points and 3.5 rebounds per game and has struggled to get going on offense so far this season, generally being brought in for defensive intensity rather than offensive prowess. As such, the loss of Holiday will likely put something of a strain on the Bulls’ already dismal offense.

But, as has been obvious all season, the Bulls are playing for the future of the franchise, not this season’s club. And with Hutchison now in the starting lineup alongside Kris Dunn, Zach LaVine, Lauri Markkanen, and Carter (all 24 years old or younger), the Bulls’ now hope to have their starting lineup of the future in place.

There’s more from the Windy City:

In a performance that accurately summed up his inconsistent time in Chicago thus far, Bulls’ forward Jabari Parker did a few things well in last night’s loss to the Pacers that were ultimately not enough to make up for his glaring shortcomings, writes Mark Strotman of NBC Sports Chicago.
In another article for Bulls.com, Smith relays how Bulls’ VP of Basketball Operations John Paxson views the two second-round picks received from the Grizzlies in Thursday’s trade, writing that Paxson called them “crucial” to the team’s development goals. The Bulls now have a second-round pick in the 2019 NBA Draft after having previously traded their selection away in 2016.
The Bulls created a modest traded player exception (TPE) worth a little more than $2.7MM, the difference between Holiday’s and MarShon Brooks‘ 2018/19 salaries, when they traded Holiday to the Grizzlies for Brooks and Wayne Selden. Find out how here.

Paxson Talks Holiday Trade, Parker, Payne, Future

January 5th, 2019 at 11:54am CST by marksuleymanov

The Bulls (10-29) are tied with the Knicks for the second-worst record in the Eastern Conference, and are focused on the future. That was signaled by this week’s trade that sent veteran swingman Justin Holiday to the Grizzlies for Wayne Selden, MarShon Brooks and two second-round picks. Chicago also subsequently waived Cameron Payne to created a roster spot.

Bulls vice president of basketball operations John Paxson spoke to reporters, including NBC Sports Chicago’s Mark Strotman, on Friday and said the Holiday trade came together “in a couple of hours.” Paxson also addressed Jabari Parker‘s future with the team, Chicago’s plan leading up to the trade deadline and expectations of new head coach Jim Boylen.

On potentially making more trades before the deadline…

“That’s what has to happen. Things have to align. You can’t just force it. Again, if we can acquire young players, draft assets, we can maybe look at our roster and think there’s a better fit, we’ll go that route.”

On Parker’s future in Chicago…

“The one thing [Boylen] has been really consistent with is the accountability aspect. I believe you can hold players to a certain standard of what you want as a coach. Jabari is a really good guy. You guys have been around him. He’s a terrific person. If we can acclimate him back into things, he’s going to get a chance. This league is about getting chances, even for players who have been through what Jabari has been through.”

The decision to part with Payne…

“You make decisions and hope for the best. The reality is both (Ryan Arcidiacono) and (Shaq Harrison) have outplayed him. They fit what we want to do. Cam had some struggles with his foot and trying to get him back. We wish him well.”

On the Bulls’ future and player development…

“Very important. It’s really important. We need to see growth. We need to see how they play. We’re a month into [Boylen]’s tenure now, and I think they understand what’s expected. So we’re going to go out on the road here after these next two games. That’s a good time for a young team to get together. They’re going to be hard games. We just need to see development. That’s going to be a big key.”

Carter Not Upset About Playing Time

January 4th, 2019 at 5:15pm CST by Dana Gauruder

It’s only a matter of time before Bulls center Robin Lopez and forward Jabari Parker are either traded or bought out, suggests Darnell Mayberry of The Athletic. The Bulls are in fire sale mode and the Justin Holiday deal with the Grizzlies is just the start, Mayberry continues. Lopez has an expiring contract, while Parker has lost his rotation spot under new coach Jim Boylen. Lopez jokingly referenced in practice Friday how he could be the next shoe to drop with the front office in a seller’s mode, K.C. Johnson of the Chicago Tribune relays. “There’s kind of been a little shoe-dangling over the past couple years,” Lopez said.

Bulls rookie center Wendell Carter Jr. has seen wild swings in his playing time but he’s not squawking about it, Mayberry reports in a separate story. Carter played a season-low 13 minutes against Orlando on Wednesday and has played fewer than 20 minutes in five games since Boylen took charge. Carter blamed himself for his limited minutes against the Magic. “I don’t feel like I brought it,” Carter said. “I couldn’t get into a good groove. So I would have (taken) myself out.”

Leftover Cap Details On Bulls/Grizzlies Trade

January 4th, 2019 at 12:57pm CST by Luke Adams

On Thursday, the Grizzlies and Bulls completed the fifth in-season trade of the NBA’s 2018/19 campaign, with Chicago sending Justin Holiday to Memphis in exchange for two players and two second-round draft picks.

While this deal was hardly a blockbuster, it features a few salary cap related details worth noting, so we’ll round those up in this space…

The Bulls create a modest traded player exception:

The Grizzlies had no traded player exceptions large enough to absorb Holiday’s $4,384,616 salary, so they had to aggregate MarShon Brooks ($1,656,092) and Wayne Selden ($1,544,951) for matching purposes. As a result, they didn’t create a TPE as a result of the deal.

On the other hand, the Bulls were able to take on Selden using the minimum salary exception, since he’s earning his minimum. As such, Chicago essentially traded Holiday straight up for Brooks for salary-matching purposes, leaving the Bulls with a trade exception worth the difference between the two players’ salaries: $2,728,524.

Why flipping MarShon Brooks may not be as easy as it seems:

Brooks is earning more than Selden this season because he has more years of NBA experience, but he’s also making the minimum salary. So why were the Bulls able to use the minimum salary exception to absorb Selden, but not Brooks?

Well, even though Brooks is earning his minimum this season, the first season of his deal wasn’t worth the minimum, as cap expert Albert Nahmad notes (via Twitter). The Grizzlies signed Brooks to a two-year pact last April, with just six days left in the 2017/18 campaign. A minimum salary contract would have paid him just $49,877 for those six days, but because Brooks was drawing interest from other suitors, Memphis upped its offer using a portion of its mid-level exception, giving him $249,348. That’s five times the amount of his prorated minimum.

As such, Brooks’ contract isn’t technically considered a minimum salary deal, which is why the Bulls had to account for that $1,656,092 for matching purposes.

Now, with the Bulls reportedly looking to flip Brooks to another team, those same rules apply. Like Chicago, a new trade partner wouldn’t be able to use the minimum salary exception to acquire Brooks. That trade partner would need a trade exception big enough to absorb his salary or would have to send back a contract in return.

That could eliminate a number of potential landing spots for the veteran guard and make it a little more challenging for the Bulls to make a second deal.

The Grizzlies still have a small amount of breathing room below the tax line:

The Grizzlies were pretty close to the luxury tax threshold before this trade. Having taken on a little money in acquiring Holiday, they’re even closer now. According to Bobby Marks of ESPN.com (Twitter link), Memphis has approximately $463K in breathing room before becoming a taxpayer.

While the Grizzlies opened up a roster spot by making a two-for-one deal, using that roster spot on a rest-of-season contract right now would take them into the tax. A veteran player (at least two years of experience) signed to a minimum salary deal today would have a cap hit of $829K.

Teams can begin signing 10-day contracts as of Saturday, and the Grizzlies could fit one of those under the tax line — a veteran on a 10-day deal would cost about $85K. So Memphis could afford five 10-day contracts for the rest of the season. A sixth would take the team into tax territory.

The Grizzlies could make a separate cost-cutting move before the February 7 trade deadline to create a little more wiggle room to sign a player. If they don’t reduce their team salary, however, that 15th roster spot is probably a good bet to remain open for a good chunk of the second half.

Photo courtesy of USA Today Sports Images.

Bulls Trade Holiday To Grizzlies For Selden, Brooks, Picks

January 3rd, 2019 at 10:43pm CST by JD Shaw

10:43pm: The trade between the Bulls and Grizzlies is now official, with both teams announcing the agreement in press releases. As expected, Chicago waived Payne to reduce its roster count to 15 players.

6:43pm: The Bulls are trading Justin Holiday to the Grizzlies in exchange for Wayne Selden, MarShon Brooks and two second-round picks, ESPN’s Adrian Wojnarowski reports. Memphis will send its own 2019 and 2020 second-round selections.

Chicago is likely to waive guard Cameron Payne following the trade, Wojnarowski reports.

The trade comes less than 24 hours after the Grizzlies held a postgame meeting that lasted roughly 30 minutes, a conversation which also reportedly included a physical altercation between veterans Omri Casspi and Garrett Temple. Memphis holds just a 18-19 record and is 6-14 since November 22, struggling to gain a strong rhythm on both ends of the floor.

Holiday, 29, has averaged 11.6 points, 4.4 rebounds and 2.2 assists in 38 starts with the Bulls this season. He’ll provide the Grizzlies with backcourt depth as they seek to turnaround an underwhelming last month of action, capable of playing both shooting guard and small forward.

Brooks, 30, earned a spot on the Grizzlies’ roster this season after averaging 20.1 PPG in seven games down the stretch in 2017/18. However, he didn’t play a major role in Memphis in 2018/19, posting 6.6 PPG in 13.3 MPG (29 games). The Bulls are expected to work with his agent and find a new destination for him after the trade, tweets Shams Charania of The Athletic.

Selden, an intriguing third-year player who has also seen his production slip a little in a part-time role for the Grizzlies this season, will report to Chicago as a young asset off the bench.

Interestingly, the package of Brooks, Selden, and a pair of second-round picks is exactly what the Grizzlies believed they were giving up for Kelly Oubre in a failed three-team trade with the Suns and Wizards last month. That deal fell apart because the Suns were under the impression they was getting Dillon Brooks rather than MarShon.

The Bulls received interest from multiple teams on Holiday, according to Charania (Twitter link), but ultimately settled on this trade with the Grizzlies. Chicago has the third-worst record in the Eastern Conference at 10-28 and has lost six of its past 10 games.

Photo courtesy of USA Today Sports Images.

Bulls Waive Cameron Payne

January 3rd, 2019 at 10:39pm CST by JD Shaw

10:39pm: The Bulls have officially waived Payne, according to a press release from the team.

8:05pm: The Bulls are likely to waive Cameron Payne once their multi-player trade with the Grizzlies is official, tweets Adrian Wojnarowski of ESPN. Payne is a former first-round pick and holds four years of NBA experience.

Chicago agreed to send Justin Holiday to Memphis in exchange for Wayne Selden, MarShon Brooks, a 2019 second-round pick and a 2020 second-round pick on Thursday, Wojnarowski reported. The Bulls already have a full 15-man roster, so they don’t have the room necessary to acquire two players for one without releasing someone else.

The Bulls are expected to remain active in trade discussions as the February 7 deadline nears, with the team already shopping players such as Jabari Parker and Robin Lopez, Wojnarowski adds. Chicago holds a 10-28 record through their first 38 games this season.

Payne, 24, was traded from the Thunder to the Bulls at the trade deadline in February of 2017. He’s struggled to establish himself as a consistent contributor since entering the league, dealing with a series of foot injuries in recent years.

Payne spent one full season and two half-seasons with Chicago, though he appeared in just 67 total games for the Bulls during that time. He has averaged 5.7 points, 2.7 assists and 17.3 minutes in 31 games this season, shooting 41% from the floor and 27% from 3-point range.

Parker Could Go In Package Deal

January 1st, 2019 at 6:35pm CST by Dana Gauruder

Bulls first-round pick Chandler Hutchison has embraced the role of defensive stopper, Joe Cowley of the Chicago Sun Times writes. Hutchison is averaging a modest 4.2 PPG and 3.5 RPG in 17.2 MPG but he has heeded coach Jim Boylen’s urging to become a defensive presence. “For me right away that was the first thing I noticed was I can help the team,’’ Hutchison told Cowley. “Then one thing leads to the next if you can help the team. Coaches are going to find a way to get you on the floor, which is a reward for me, but also if I can help the team in areas that we need help, it’s going to help us win.’’
The Bulls have tried to package forward Jabari Parker with the expiring contracts of either swingman Justin Holiday or center Robin Lopez in preliminary trade talks, K.C. Johnson of the Chicago Tribune reports. Parker, who has been benched by Boylen, has a $20MM team option on his contract for next season. Holiday is making approximately $4.4MM, while Lopez is pulling in $14.35MM this season.

Scotto’s Latest: Bazemore, Porter, Holiday, Dieng

January 1st, 2019 at 2:47pm CST by Arthur Hill

Any team that trades for Hawks forward Kent Bazemore should prepare to pay him beyond this season, according to Michael Scotto of The Athletic. Scotto shares a few rumors in a column on New Year’s resolutions for all 30 teams, including a report that Bazemore is leaning toward exercising his $19.27MM player option for next year.

That would represent a modest raise for the 29-year-old, who is making a little more than $18MM this season. Bazemore, who is sidelined with a right ankle sprain that will keep him out for at least two weeks, is one of the most popular names on the trade market, with the Rockets among the teams already expressing interest in acquiring him.

Scotto offers a few more interesting tidbits sprinkled among his advice for 2019:

The Mavericks have expressed interest in trading for Wizards forward Otto Porter. Washington faces luxury tax concerns this season and beyond and will owe Porter nearly $56MM over the next two years if he exercises his player option for 2020/21. Porter’s production has declined in his sixth season, and the Wizards may concentrate on fixing their long-term salary structure after John Wall elected to have heel surgery that will sideline him for six to eight months.
After losing out on the Jimmy Butler sweepstakes, the Rockets have continued to search for a defensive-minded wing who can hit 3-pointers. Among the players they called about is Justin Holiday, who is averaging 11.8 PPG with the Bulls and ranks eighth in the league in made threes with 96. Holiday has an expiring $4.4MM deal, so he would be a low-cost option for any contender. Houston is also looking for a rim protector to back up Clint Capela.
The Timberwolves tried again to find a taker for center Gorgui Dieng, who has become a little-used reserve, playing just 13.7 minutes per night. Minnesota attempted to unload Dieng, who is owed about $33.5MM over the next two seasons, in Butler trade talks but couldn’t find anyone willing to take on that salary.
D’Angelo Russell‘s friendship with Suns star Devin Booker may make him an option for Phoenix. Russell is headed for restricted free agency this summer and the Suns need a long-term solution at point guard. The extension the Nets gave to Spencer Dinwiddie could make them reluctant to invest heavily in Russell.

Robin Lopez Believes Boylen Is Winning Over Players

December 31st, 2018 at 9:03pm CST by Arthur Hill

Bulls center Robin Lopez believes coach Jim Boylen has won over the players after some initial resistance, relays Joe Cowley of The Chicago Sun-Times. Chicago has put together a 5-8 record since he took over for Fred Hoiberg earlier this month. ‘‘I think we kind of are seeing some results,’’ Lopez said. ‘‘I do think we’re making progress. It feels like guys have bought in and are playing together in this system.’’

Warriors Likely To Decline McCaw’s Offer Sheet

December 30th, 2018 at 6:58pm CST by Arthur Hill

DECEMBER 30, 6:58pm: Adrian Wojnarowski of ESPN has confirmed previous reports and expectations that the Warriors are not planning to match the two-year deal for McCaw. The team officially has until 11:59 pm ET tonight to decide, but currently has no plans to do so, according to Wojnarowski.

DECEMBER 29, 6:23pm: The Warriors haven’t indicated how they plan to respond to Patrick McCaw‘s offer sheet, but a pair of writers who cover the team believe they won’t match the two-year deal from the Cavaliers.

Sources tell Anthony Slater of The Athletic that Golden State is “strongly leaning” toward refusing to match and letting the third-year shooting guard go to Cleveland. The Warriors kept a roster spot open for McCaw throughout his unexpectedly long holdout, but they have developed a more pressing need at center. With Damian Jones injured, the team’s top priority is finding another big man, according to Slater, with Robin Lopez the number one candidate if he negotiates a buyout in Chicago.

Alfonzo McKinnie has performed well in McCaw’s absence and seems likely to be kept on the roster as his contract becomes fully guaranteed next month. Slater states that Warriors owner Joe Lacob is unhappy about how McCaw handled the situation. Lacob paid $2.4MM to the Bucks two years ago to acquire the draft pick that was used to select him.

Mark Medina of The San Jose Mercury News believes the front office made its decision on McCaw a long time ago. There was limited contact with the 23-year-old after he turned down a $1.7MM qualifying offer and a subsequent two-year, $5.2MM deal.

“The whole thing has been surprising. We anticipated Pat would be part of our rotation this year,” coach Steve Kerr said. “It just didn’t happen, for whatever reason. We’ll see what happens. Obviously we have a decision to make.”

There are also concerns, both writers note, about bringing McCaw back into a locker room environment where he might not be fully welcome. The Warriors opted not to renounce him in case he became a trade asset, but they’re reached a point where a decision must be made.

Golden State must settle on its next step by tomorrow night — 48 hours after McCaw officially signed the offer sheet. The deal promises him $6MM over two years, although neither season is guaranteed. Contracts throughout the league become fully guaranteed on January 10, so whichever team winds up with McCaw would have to waive him by January 7 — a little more than a week from now — to avoid paying him $3MM for this year.

Because of the luxury tax, it would cost the Warriors more than $11MM to keep McCaw on the roster. He wouldn’t be eligible to be traded until the offseason if the offer sheet is matched.