Chicago Bulls

NBA Buzz: Financial and competitive realities could lead to Jimmy Butler trade for Bulls

NBA Buzz: Financial and competitive realities could lead to Jimmy Butler trade for Bulls

Watching LeBron James tear through the Eastern Conference playoffs the way Michael Jordan used to do in his prime, it's become increasingly apparent other teams in the East will be chasing James and the Cavaliers for the next 3-5 years.

With that in mind, you have to wonder what kind of conversations are going on inside the walls of the Advocate Center as the Bulls' front office prepares for the June 22nd draft and the start of free agency on July 1st. 

Jimmy Butler earned third-team All-NBA honors on Thursday, putting him in position to earn the Designated Veteran Player Extension with another All-NBA selection in either 2018 or 2019. Under terms of the new Collective Bargaining Agreement, that could mean a contract starting at $42 million in 2019-20 with a total five-year value of over $246 million.

Are the Bulls prepared to pay that kind of money to a player who has logged big minutes over his career and will turn 30 just before the 2019-20 season?

If not, the best time to deal Butler would be right now. Butler is coming off the best season of his NBA career, including a starting spot for the Eastern Conference in the All-Star game. Plus, he still has two more guaranteed years on his contract at far below market value for one of the top 15 players in the league.

Tuesday's draft lottery pretty much eliminated Boston from a potential Butler trade. Celtics' GM Danny Ainge loves Washington point guard Markelle Fultz and is locked in to drafting him with the number one pick. Boston's future couldn't look brighter after finishing with the best regular season record in the East, advancing to the Conference Finals, and winning the lottery.

The Celtics will add Fultz and still have enough cap room to offer a max deal to free agent swingman Gordon Hayward, who played collegiately for Boston coach Brad Stevens at Butler. How does a starting line-up of Isaiah Thomas, Al Horford, Hayward, Jae Crowder and Avery Bradley sound, with a second unit of Fultz, Terry Rozier, Marcus Smart, Jaylen Brown and Kelly Olynyk? It might not be good enough to take down the Cavs or Warriors, but should position the Celtics for a long run as a serious contender.

So, if the Celtics are out, where would the Bulls look for a possible Butler deal? Phoenix probably holds the best combination of assets, starting with the No. 4 overall pick. If point guards Fultz, Lonzo Ball and De'Aaron Fox go 1-2-3, the Bulls could grab Kansas forward Josh Jackson, an Andrew Wiggins-clone who could wind up being the best player in this draft.

The Suns also have a pair of intriguing young power forwards in Marquese Chriss and Dragan Bender, both top 10 picks a year ago. Plus, Phoenix could include 23-year-old small forward T.J. Warren and Chicago native Tyler Ulis in the package going back to the Bulls.

Suns GM Ryan McDonough is reportedly under pressure to show significant improvement next season after winning just 47 games combined over the last two years. Adding another young player to the roster isn't the best way to improve the team immediately, so don't be surprised if the Suns make a pitch to acquire Butler in the days leading up to the draft.

Similar story in Philadelphia, where the Sixers own the third overall pick next month. Under former GM Sam Hinkie, the "trust the process" approach led to a roster purge and the acquisition of lottery picks. Right now, the Sixers are overloaded with young players like Joel Embiid, Jahlil Okafor, Ben Simmons, Dario Saric, Justin Anderson and Nik Stauskas.

Would current GM Bryan Colangelo be willing to trade the pick, along with Okafor and Anderson in a package for Butler? The Bulls could choose between Jackson and Kentucky's lightning-quick point guard Fox with the draft pick they’d acquire, potentially adding three young starters to a new-look line-up. 

Given all the trade rumors surrounding Butler in the past, you can expect a number of teams will be calling the Bulls leading up to the draft, including Tom Thibodeau's Timberwolves, coming off a disappointing season with assets to offer like Zach LaVine, Kris Dunn and the seventh overall pick. 

Ultimately, it comes down to which direction the Bulls' front office wants to go. Try to build a contender around Butler, or use him as the trade asset to start a full re-build. We should get our answer in the days leading up to the draft.

Around the Association

Thursday's All-NBA announcement could lead to a pair of All-Star forwards changing teams this summer. We already mentioned Hayward's situation in Utah. Without the designated veteran player extension, he might be seriously tempted to join his old college coach in Boston. 

Hayward could sign a one year contract with a player option for a second season in Utah with hopes of earning the DVPE next summer, but if Hayward hits the open market, it's clear he'll be the number one target for the Celtics this off-season. 

Paul George also could be in play after failing to make one of the three All-NBA teams. The Pacers were hoping to sign their All-Star forward to a max five-year extension at over $200 million, but George isn't eligible now. George still could sign an extension with Indiana, but not at the dollars he would have received had he made All-NBA. 

Rumors of George's desire to join his home-state Lakers in free agency after the 2017-18 season continue to grow, especially with Magic Johnson likely to add dynamic point guard Lonzo Ball in next month's draft. The Pacers might be forced to trade George to get some assets now, rather than let him walk away for nothing in free agency next summer.

Back to the Bulls, who will bring in dozens of prospects to Chicago to work out at the Advocate Center before the draft. Unless they make a major trade to move up, the front office almost has to go "best player available" with their picks at Nos. 16 and 38. Look for them to focus on an athletic wing in the first round with Louisville's Donovan Mitchell, Indiana's OG Anunoby, Duke's Harry Giles and Australian pro Terrance Ferguson among the likely options. 

But if the team decides to part company with restricted free agent Niko Mirotic, that could open the door for the Bulls to select a power forward like Cal's Ivan Rabb, Wake Forest's John Collins, Utah's Kyle Kuzma or UCLA's T.J. Leaf. They could even draft an athletic young center like Jarrett Allen of Texas, Creighton's Justin Patton or UCLA's Ike Anigbogu.

In Round 2, the Bulls might look to add another young point guard to the mix like Oklahoma State's Jawun Evans, Iowa State's Monte Morris, Villanova's Josh Hart, Gonzaga's Nigel Williams Goss or Big 12 Player of the Year Frank Mason from Kansas.

Quotes of the Week

The Celtics might have edged Cleveland out for the top seed in the East during the regular season, but after watching Game 1 Wednesday night, it's clear Brad Stevens’ team will be lucky to get a win in the series.

This from Stevens about the NBA's version of Benjamin Button, LeBron James. "It's hard to believe, but he's better than when I got into the league. A lot better."

Still, Celtics' star Isaiah Thomas isn't about to concede the series just yet, saying, "We're not afraid of Cleveland. They're not the Monstars."  

Well, Thomas might be right about the rest of the Cavs. But if you remember the movie "Space Jam", I'm pretty sure James would be a good fit in that Monstars line-up. And the Celtics don't have Michael Jordan, Bugs Bunny or Bill Murray!

Bulls reach buyout agreement with Dwyane Wade

Bulls reach buyout agreement with Dwyane Wade

Dwyane Wade's Bulls career is set to end just over a year after it began.

According to the Chicago Tribune's K.C. Johnson, the Bulls and Wade have reached an agreement on a buyout.

CSN Chicago's Vincent Goodwill confirmed the report.

Wade signed a two-year, $47.5 million deal with the Bulls last July and averaged 18.3 points, 4.5 rebounds and 3.8 assists per game in 60 games with the Bulls. This summer, Wade exercised his player option for the second year of the contract, worth $23.8 million.

Wade picked up his option just two days before the Bulls traded Jimmy Butler on draft night and went into rebuild mode. According to Goodwill, Dwyane Wade is giving back $8.5 million.

The Bulls will go into next year without any of the 'Three Alphas' the team had last year Wade, Butler and Rajon Rondo.

The news comes a day before Bulls Media Day, which will be live on CSN at 2:30 p.m., and on the same day the team agreed to a two-year deal with Nikolia Mirotic.

Wojnarowski also reported Cleveland, San Antonio, Miami and Oklahoma City are the contenders to sign Wade.

Bulls bring back Nikola Mirotic on two-year deal

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USA TODAY

Bulls bring back Nikola Mirotic on two-year deal

The Bulls and Nikola Mirotic ended their summerlong impasse by agreeing to a two-year, $27 million deal on the eve of training camp, sources tell CSNChicago.com.

Mirotic was a restricted free agent and was at risk of not being at Media Day Monday had he and the Bulls not come to an agreement, but the sides came away with a deal both will probably say is advantageous. Mirotic has a no-trade clause in the first year of the deal and the second season is a team option according to sources, preserving the big cap space the Bulls have when Dwyane Wade's $23.8 million contract comes off the books.

Mirotic and his representatives were looking for an offer sheet in the $16-17 million range when free agency first began, hoping the Bulls would match on what was expected to be a boom market.

But the boom went bust very quickly and free agent money dried up, leaving Mirotic with a $7.2 million qualifying offer the Bulls seemingly weren't budging from. But the Bulls reversed course, apparently relenting on the qualifying offer to sweeten the deal, which also helps the Bulls get to the salary floor for the coming season.

Mirotic's tenure with the Bulls has been tantalizingly frustrating after a promising finish to his rookie season in 2014-15. Unable to put together consistent stretches under Fred Hoiberg, there was question as to if Mirotic fit in the short-term plans, let alone the big picture as the Bulls are gearing up for a long rebuild.

But letting the 6-foot-10 Mirotic go was a little too much for the front office to stomach, as they appear to hold onto the slightest bit of hope Mirotic can develop into a versatile scorer without having the burden of big pressure around him. Unfortunate circumstances and injuries have played a part in Mirotic's inconsistencies, as he's played considerably better after the All-Star break in his three seasons. 

If not, they can cut bait with Mirotic after the season and start over, yet again.