Bulls

How Jabari Parker impacts Bulls’ salary cap in 2019

How Jabari Parker impacts Bulls’ salary cap in 2019

The Bulls ‘rebuild’ seems to be just a one-year experiment after the team signed Chicago native Jabari Parker to a two-year, $40-million dollar deal on Saturday. Although on first look Parker’s contract would seem to restrict what they can do in free agency next summer, the reality is that the 2nd year team option gives the Bulls plenty of flexibility with—or without- Parker next year.  

If the Bulls pick up the option on Parker, they will still be able to sign a max free agent next July if they make the right moves between now and July 1, 2019.

The NBA projects the 2019-20 cap will rise to $109 million, up from $101.9 million for the upcoming season. The league bases a ‘max’ salary on years of service. A 10-year vet like Kevin Durant is eligible for more ($38.2 million) than his teammate Klay Thompson ($32.7 million), an 8-year vet. If the Bulls keep Parker, they’ll enter free agency with approximately $15.4 million next summer—far short of the cap space needed for a player like Durant or Thompson, but that number is misleading. The $15.4 million also includes cap holds (salary slots assigned to a player based on several factors including previous year’s salary). The cap hold is designed to prevent teams from completely circumventing the soft cap model the league uses. The cap holds for Bobby Portis ($7.5 million) and Cameron Payne ($9.8 million) are just theoretical if the Bulls don’t sign either to a contract extension before the October 31, 2018 deadline. 

Let’s say the Bulls are in line to sign a star free agent like Thompson; all they would need to do is rescind any qualifying offer to Payne or Portis, and then renounce them as free agents. This would effectively take the cap holds off the Bulls’ cap sheet and give them approximately $32.7 million in cap space. Coincidently (or perhaps it’s no coincidence), that’s the exact salary a 7-9 year free agent like Thompson would command.

In order to create enough space for Durant and his increased ‘max’ slot, they would need to waive and stretch a player like Cristiano Felicio or incentivize a trade involving a player by attaching another asset in the deal, like a future 1st round pick.

If the Bulls decline the team option on Parker, then they will enter free agency with anywhere between $35 million and $53 million. 

Zion Williamson injury updated to Grade 1 right knee sprain

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USA TODAY

Zion Williamson injury updated to Grade 1 right knee sprain

In a game in which you could spot the likes of Bulls General Manager Gar Forman and former President Barack Obama in the crowd, almost everyone came away disappointed. In the opening minute of Wednesday’s Duke-North Carolina game, Blue Devils star Zion Williamson slipped when trying to plant his foot, tearing through his PG 2.5 basketball sneaker and suffering an apparent knee/lower leg injury.

The Williamson injury happened approximately 40 seconds into the game, taking away much of the fanfare from one of the most anticipated college basketball games of the year for both fans and NBA scouts alike.

Postgame, Duke head coach Mike Krzyewski stated that Zion’s injury as of now is being labeled a mild knee sprain.

This initial diagnosis is very good for Williamson, as the injury appeared to be a much more serious knee or lower leg issue in real-time. Without Williamson, Duke had to rely heavily on freshmen RJ Barrett, Cam Reddish and Tre Jones for offense, and Jone specifically struggled to take on a bigger role. Clearly, Williamson’s prolonged absence had both a mental and physical effect on this young Duke team. They had no rim protection without him and they severely missed his leadership once the game got out of hand.

There was no shortage of love for Zion on the night, with everyone wishing him a quick recovery, including President Obama and Nike.

As of Thursday afternoon, it was announced that Williamson is listed as day-to-day with what is now being called a Grade 1 right knee sprain.

He will almost surely missed Duke’s next game on February 23 against Syracuse. Their last game of the regular season is a rematch against UNC on March 9. After that, the Blue Devils will be getting ready for the ACC Tournament in Charlotte, that starts on March 12.

If Williamson is going to return this season, it would be reasonable to expect it to happen by the ACC Tournament, as it is hard to imagine the idea of Zion playing in the NCAA Tournament without any game reps prior.

And of course, Williamson could shut it down for the rest of the season if he wants to use this recovery period to get ready for the NBA Draft, an idea that Bulls Hall of Famer Scottie Pippen had already floated. Regardless of what Williamson chooses to do, the entire basketball world will be on the edge of their seats.

Someone dropped a WHOLE bunch of money on a Michael Jordan basketball card

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@chicagotribune

Someone dropped a WHOLE bunch of money on a Michael Jordan basketball card

Someone had some cash burning a hole in their pocket. 

On Thursday afternoon, the Chicago Tribune ran a story about how someone spent THREE HUNDRED THOUSAND DOLLARS on a Michael Jordan basketball card. The card is, according to the piece, one of only 10 ever made. Of those 10 cards, only 3 -- including this one -- have been graded by the Professional Sports Authenticator service.

The card is apparently the most expensive MJ card yet, and the third most-expensive basketball card ever. What's even funnier is that the card was about to sell for $100,000, but a bidding flurry in the auction's final couple minutes raised the price almost 200%. 

That is a staggering amount of money to spend on a laminated, wallet-sized picture of a basketball player, but if that's what you want to drop hundreds of thousands of your dollars on, far be it from me to say otherwise.