Bulls Cap Situation

368 Views | 3 Replies | Last: 15 yr ago by ATM9000
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http://www.chicagotribune.com/sports/basketball/bulls/ct-spt-0625-bulls-draft-chicago--20100624,0,3403018.story

quote:
Though the trade can't become official until the Wizards can absorb Hinrich's $9 million salary into its cap space July 8, the Bulls will enter the free agent recruiting period a week earlier knowing they have roughly $30.8 million to burn. If they hadn't dumped Hinrich's contract, that number would have stood at roughly $22 million.

A maximum free agent contract is expected to start between $16.5 and $16.8 million once the NBA league office sets its official numbers. Thus, the Bulls will have more than $14 million to offer a second free agent while trying to lure two superstars to join All-Star Derrick Rose, Joakim Noah and Luol Deng.


I guess they have to find a way to clear another $2-3 million if they want to sign two max guys.
Know Your Enemy
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Deng could be moved. I've heard a lot of rumors around him.
Look Out Below
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Going to be tough. The Bulls overpaid him.
Know Your Enemy
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They said the same about Hinrich and he got moved. Orlando apparently has discussed a Pietrus/Gortat for Deng deal with the Bulls.
ATM9000
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The Bulls and Heat both effectively just busted up the Knick's grand plan yesterday... as a Rockets fan, this makes me laugh.
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