General manager Gar Forman stared into the
cameras and microphones on NBA draft night and uttered a phrase that Bulls fans
have clung to throughout free agency.
"Our decisions this summer will be
basketball decisions, not financial decisions," Forman said.
Omer Asik's $5 million salary is on the
verge of disappearing in favor of Nazr Mohammed's $1.4 million salary. Kyle
Korver's $5 million salary has become Vladimir Radmanovic's minimum deal.
Ronnie Brewer walked for nothing, replaced by Jimmy Butler, who is still on his
rookie deal and sat out Sunday's summer-league finale because of injury as the
Bulls finished 1-5 following a 113-68 pasting by the Bucks.
The Bulls did spend money on Kirk Hinrich
to replace C.J. Watson and appear close to signing Marco Bellinelli to augment
a bench that also lost John Lucas III. But with the Bulls finally receiving
Asik's three-year, $25.1 million offer sheet from the Rockets on Sunday, the
writing is on the wall.
In the wake of Derrick Rose's knee injury,
the Bulls have made their decisions. Whether they are interpreted as basketball
or financial is in the eye of the beholder.
On the one hand, the Bulls will enter
luxury-tax territory for the first time in franchise history. But they will do so
after letting Asik walk for nothing, an asset Forman repeatedly said he would
match any offer for throughout last season.
Plus, the team's biggest star beyond Rose
in posting the NBA's best record in back-to-back seasons was its depth, its
Bench Mob. That unit, save for Taj Gibson, whose extension is next on the
docket, has been dismantled.
Management will say its financial decisions
are cloaked in basketball reasons. With Rose out until likely March, next
season is a treading-water season. So instead of depth being the secondary
star, the Bulls hope to add a legitimate one alongside Rose.
With Hinrich, Belinelli, Radmanovic and
Mohammed all signing short-term deals, the plan to clear major salary-cap space
in 2014 will remain intact. That's also when Luol Deng's contract expires,
Nikola Mirotic could come over from Real Madrid and Carlos Boozer likely will
be a victim of the amnesty provision.
But there are no guarantees in free agency,
as the 2010 pursuit of LeBron James, Dwyane Wade and Chris Bosh proved. Plus,
the Bulls have sold hope and financial flexibility before — remember when the
non-guaranteed deals of Watson and Brewer were billed as trade chips? — and
failed to act.
Something to watch closely for whether this
makeover is basketball- or financial-based will be if the Bulls cash in the $5
million trade exception acquired in the Korver trade to the Hawks.
If the Bulls sign Hinrich to any portion of
the midlevel exception and Belinelli to the biannual exception, their payroll
can't exceed $74.3 million. Thus, matching Asik would be impossible.