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Old 06-29-2015, 06:39 PM   #1 (permalink)
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Bulls Jimmy Buckets FA Thread

So, it appears he's been offered both the regular QO and a max QO deal. His options are basically take the 1-year QO, take the 5-year max, or go sign an offer sheet with another team (which the Bulls will match), which must be at least 5 years in length.

http://probasketballtalk.nbcsports.c...r-as-expected/

My question would be what team would be willing to tie up their cap space for a while with a 3-year offer, knowing the Bulls will match. Is the prospect of making him an UFA 3 years from now, rather than 5, enough to tempt anyone to do that? Won't teams have more immediate needs?

Should be interesting. I'm glad to see the Bulls actually taking the initiative rather than letting the market decide.
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Old 06-29-2015, 07:08 PM   #2 (permalink)
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Re: Jimmy Buckets FA Thread

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Originally Posted by jnrjr79 View Post
So, it appears he's been offered both the regular QO and a max QO deal. His options are basically take the 1-year QO, take the 5-year max, or go sign an offer sheet with another team (which the Bulls will match), which must be at least 5 years in length.

http://probasketballtalk.nbcsports.c...r-as-expected/

My question would be what team would be willing to tie up their cap space for a while with a 3-year offer, knowing the Bulls will match. Is the prospect of making him an UFA 3 years from now, rather than 5, enough to tempt anyone to do that? Won't teams have more immediate needs?

Should be interesting. I'm glad to see the Bulls actually taking the initiative rather than letting the market decide.
if the bulls really took the initiative they would have given jimmy 4 ys 48 mil. before the season , which he gladly would have taken ....now they are basically going to be lucky if he takes 5 yrs 90 mil.

good for jimmy but not so great for the bulls bottom line and their ability to put talent around him.
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Old 06-30-2015, 05:11 AM   #3 (permalink)
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Re: Jimmy Buckets FA Thread

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if the bulls really took the initiative they would have given jimmy 4 ys 48 mil. before the season , which he gladly would have taken ....now they are basically going to be lucky if he takes 5 yrs 90 mil.

good for jimmy but not so great for the bulls bottom line and their ability to put talent around him.
That would've been great in hindsight, but Jimmy's improvement the past season is almost unprecedented. I distinctly remember 1 year ago Bulls fans all over the place were wanting to trade Jimmy for an upgrade who could score, since he was an "offensive liability". $10M per year was more than fair at the time. Jimmy gambled on himself and won. I doubt the Bulls are complaining, though...I have no doubt they'll gladly pay Jimmy his worth this summer. The extra $3-5M per year saved would've been nice, but it's really not as much of a killer as in the past with the overall cap ceiling reportedly going up significantly over the next few years. We weren't going to have cap space anyways, all this does it force Reinsdorf into paying luxury tax, and I believe I heard he gave the green light to do so this summer since they were able to evade the repeater tax thanks to the Luol Deng trade.
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Old 06-30-2015, 05:20 AM   #4 (permalink)
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Re: Jimmy Buckets FA Thread

The consensus out there among the web is Jimmy will almost sure sign a 3-year max deal; I forget the exact number but probably around $15-16/year. He won't take the 5-year max of $90M because of how much the salary cap is expected to rise over the next few years. Unless he has some major drop off in production, he will be viewed as a 2-way player in the middle of his prime 3 years from now, so he is betting on his big career payday being 3 years from now, when he could make $20-25M+ per season from 2018-2023.

Jimmy would really have to despise playing for the Bulls to take the 1-year Qualifying Offer. That's a huge financial risk to take, and the cap isn't going to go up next year like it will 3 years from now.
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Old 06-30-2015, 07:09 AM   #5 (permalink)
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Re: Jimmy Buckets FA Thread

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The consensus out there among the web is Jimmy will almost sure sign a 3-year max deal;

Someone has to offer it to him. Who will?
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Old 06-30-2015, 09:09 AM   #6 (permalink)
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Re: Jimmy Buckets FA Thread

It doesn't matter who offers it, the Bulls will match it. One has to wonder if all this is really worth it at the end of the day. Jimmy wants to play for the Lakers and he wants a shorter deal, the Bulls aren't going to give him that and its probably going to cause some issues.

90 million commitment to a guy who has quickly turned into a guy who is having issues with the organization.
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Old 06-30-2015, 09:34 AM   #7 (permalink)
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Re: Jimmy Buckets FA Thread

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It doesn't matter who offers it, the Bulls will match it. One has to wonder if all this is really worth it at the end of the day. Jimmy wants to play for the Lakers and he wants a shorter deal, the Bulls aren't going to give him that and its probably going to cause some issues.

90 million commitment to a guy who has quickly turned into a guy who is having issues with the organization.

It actually does matter (and hugely so), if you are catching my point. If nobody offers Jimmy a three-year deal because they don't want their cap space tied up when they are certain the Bulls will simply match at the end of the waiting period, then Jimmy won't have the option of a three-year deal, and will be forced to choose between the one-year QO or a 5-year max.
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Old 06-30-2015, 09:53 AM   #8 (permalink)
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Re: Jimmy Buckets FA Thread

In a semi-related note, Jimmy was on my flight up from New Orleans to Chicago on Friday. I'd like to think that's a good omen and he won't take the QO...
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Old 06-30-2015, 10:17 AM   #9 (permalink)
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Re: Jimmy Buckets FA Thread

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It doesn't matter who offers it, the Bulls will match it. One has to wonder if all this is really worth it at the end of the day. Jimmy wants to play for the Lakers and he wants a shorter deal, the Bulls aren't going to give him that and its probably going to cause some issues.

90 million commitment to a guy who has quickly turned into a guy who is having issues with the organization.
Or not?

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Old 06-30-2015, 12:17 PM   #10 (permalink)
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Bulls would rather him take the 5 year deal. They definitely don't want to offer him a short contact and they most certainly don't want to pay him super money in 2017.

I can't imagine jimmy taking a huge gamble again and going for the qo. I expect him to sign the max deal.
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Old 07-01-2015, 08:08 AM   #11 (permalink)
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Re: Jimmy Buckets FA Thread

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Bulls would rather him take the 5 year deal. They definitely don't want to offer him a short contact and they most certainly don't want to pay him super money in 2017.

I can't imagine jimmy taking a huge gamble again and going for the qo. I expect him to sign the max deal.
Sounds like he may sign a 5-year deal, but the Bulls might let him have a player option for the last year. Fair.



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Old 07-01-2015, 10:04 AM   #12 (permalink)
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Re: Jimmy Buckets FA Thread

Would love if Jimmy takes a 4-year max deal w/ 5th year option. Seems like a reasonable middle ground that works for both sides. But who am I to say.
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Old 07-01-2015, 11:20 AM   #13 (permalink)
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Re: Jimmy Buckets FA Thread

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Would love if Jimmy takes a 4-year max deal w/ 5th year option. Seems like a reasonable middle ground that works for both sides. But who am I to say.
Looks like that is almost done:

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Old 07-01-2015, 11:22 AM   #14 (permalink)
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Re: Jimmy Buckets FA Thread

Game, set, match.

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Old 07-01-2015, 11:30 AM   #15 (permalink)
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Re: Jimmy Buckets FA Thread

Done deal apparently.

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The Bulls and Jimmy Butler have agreed on a five-year, $90 million contract according to sources. 4m
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