Jimmy Butler Extension - MERGING

[aaqubed]

Deng was a whipping boy on this board because his contract wasn't a good value. You pay Butler 12 a season and it's Deng 2.0 on this board. Butler goes from scrappy young kid, to over paid defender. Jimmy's offensive numbers have been poor, you're going to pay 12 million for a player who has averaged 9 points for his career?

Agreed.

Wes Matthews is making $7.25M this year and IMO he's better than Butler. Is Matthews really gonna get more than $12M/year this coming summer (when he'll be a UFA)? If he gets that, Good Night. If he doesn't, I'll take him over Butler. And I love me some Jimmy. But it seems to me that he's expecting too much for too little past production. You're really going to walk away from the security of $10+M/year for multiple years, especially when you're just coming off of an injury (and thus know how quickly things can take a turn for the worse in this business)?

I don't know that Happy Walters is really giving him the best advice for him, Jimmy, as opposed to the best advice for Walters.

I might be in the minority but I think Wes Matthews is getting paid this offseason. He just turned 28, so his next contract will run from when he's 29-33. I wouldn't be surprised if he gets 3/36 or something like that.

[Bandit King]

Jimmy just refused an extension I heard on 670 the score. He is an restricted free agent but we might lose him.

There are better SGs out there esp ones that can score for what Butler is asking for.

[dice]

Anything Jimmy gives us now is a value deal. Particularly when the new TV money kicks in. He will get a lot more in the off season. Someone will max him or come close.

oh how the thinking around here has changed. seriously, look at just the first page of this thread. and he has played exactly ZERO meaningful games in the meantime!

[The Explorer]

Jimmy Butler rejected the Chicago Bulls' final contract extension offer on Friday and will become a restricted free agent in the summer of 2015.

“It came down to me deciding that I want to bet on myself,” Butler told Yahoo Sports in a text message on Friday. “It was about me believing that I put the work in this summer to become a better player with the hope that my improvement will give the Bulls a better chance to win a championship.”

The Bulls would have the option to match any offer sheet Butler were to sign on the open market, but it could threaten their payroll structure or allow him to become an unrestricted free agent in 2017.

“All the [rookie extension] deals done so far have shown that teams are building around their stars of the future, and they’re compensating those players as such,” agent Happy Walters told Yahoo Sports on Friday. “I was under the impression Jimmy was also viewed as one of those future building blocks with the Bulls.

“We tried like heck to get something done, but ultimately, the Bulls wanted a ‘hometown’ discount. While understandable, I doubt their GM or coaches give Mr. Reinsdorf a discount when negotiating their own deals.”

Via Adrian Wojnarowski/Yahoo! Sports

[TruthSerum]

We tried like heck to get something done, but ultimately, the Bulls wanted a ‘hometown’ discount. While understandable, I doubt their GM or coaches give Mr. Reinsdorf a discount when negotiating their own deals.

Still can't believe his agent was stupid enough to say that.

[TheGameChanger]

Trade him now for a Scorer and Trade for a Guy like Shump from the Knicks.

[chitowndish]

Bulls are so screwed. He's going to get some stupid offer that we'll refuse to match and we'll get nothing for him and really won't have cap space to do anything with the savings. The option is to trade him but you won't get value for him because its a rental. S&T isn't going to be you much. This really sucks. I just hope its not really done yet. Still have till midnight I hope so hope they come back with 11 mil. That quote about the hometown discount is really disheartening though. That's the kind of thing that's likely to make gar paxdorf dig in.

[TheStig]

I'm curious to here what the actual numbers were. If it was 11 or under the Bulls were silly. If its 12 or under the Bulls should have done it. Over 12 I'd chance it.

[MrSparkle]

Well, I'll be honest. If someone offers Jimmy $15m+ per year, you gotta look at other options. That's kinda out of line for our needs. We've got 3 "defensive specialists" on the team. I love Jimmy but I'd understand if they let the market take him, in that situation..

Thing is, there are always talented wings in their "off-years". Look at Ariza, when he was traded to the Wizards for peanuts (Rashard Lewis' expiring). All he needed was a more hopeful situation, and he's back to being a top-10 SF.

[musiqsoulchild]

Well, I'll be honest. If someone offers Jimmy $15m+ per year, you gotta look at other options. That's kinda out of line for our needs. We've got 3 "defensive specialists" on the team. I love Jimmy but I'd understand if they let the market take him, in that situation..

Thing is, there are always talented wings in their "off-years". Look at Ariza, when he was traded to the Wizards for peanuts (Rashard Lewis' expiring). All he needed was a more hopeful situation, and he's back to being a top-10 SF.

We have one season to develop Snell / Doug/ Kirk to fill in the SG if needed for next season.

Plus we will have our draft pick. And "maybe" the Sactown pick.

And we will have the option to match Jimmy. And the option to let him walk and generate some capspace for a decent 3 and D guy.

We control a lot more chips than people assume.

[AshyLarrysDiaper]

Jimmy just refused an extension I heard on 670 the score. He is an restricted free agent but we might lose him.

There are better SGs out there esp ones that can score for what Butler is asking for.

Like who? And how do we get them?

[HyMay]

How much is he asking for?
Sent from my Awesomeness Phone AKA Lumia 1020

[TheEndIsNigh]

All we can do with the bit of cap space is use the MLE, correct? How are we supposed to sign a replacement with the MLE? It isn't going to happen. This is a bad decision. Even if Jimmy doesn't improve offensively I bet he gets what he was asking from us. The most likely outcomes to this failure of negotiation is bad. We either pay more matching in RFA, or we lose him and are unable to sign a suitable replacement.

[Bandit King]

All we can do with the bit of cap space is use the MLE, correct? How are we supposed to sign a replacement with the MLE? It isn't going to happen. This is a bad decision. Even if Jimmy doesn't improve offensively I bet he gets what he was asking from us. The most likely outcomes to this failure of negotiation is bad. We either pay more matching in RFA, or we lose him and are unable to sign a suitable replacement.

Use another 30th pick to find another Butler.

[musiqsoulchild]

All we can do with the bit of cap space is use the MLE, correct? How are we supposed to sign a replacement with the MLE? It isn't going to happen. This is a bad decision. Even if Jimmy doesn't improve offensively I bet he gets what he was asking from us. The most likely outcomes to this failure of negotiation is bad. We either pay more matching in RFA, or we lose him and are unable to sign a suitable replacement.

MLE is extra.

It doesnt count against your cap space. Its an exception.

Meaning, you can sign someone with the cap space. And use the MLE to add another player.

[TheEndIsNigh]

All we can do with the bit of cap space is use the MLE, correct? How are we supposed to sign a replacement with the MLE? It isn't going to happen. This is a bad decision. Even if Jimmy doesn't improve offensively I bet he gets what he was asking from us. The most likely outcomes to this failure of negotiation is bad. We either pay more matching in RFA, or we lose him and are unable to sign a suitable replacement.

MLE is extra.

It doesnt count against your cap space. Its an exception.

Thank you for correcting me, but we don't have cap space to sign anybody, do we?

[musiqsoulchild]

All we can do with the bit of cap space is use the MLE, correct? How are we supposed to sign a replacement with the MLE? It isn't going to happen. This is a bad decision. Even if Jimmy doesn't improve offensively I bet he gets what he was asking from us. The most likely outcomes to this failure of negotiation is bad. We either pay more matching in RFA, or we lose him and are unable to sign a suitable replacement.

MLE is extra.

It doesnt count against your cap space. Its an exception.

Thank you for correcting me, but we don't have cap space to sign anybody, do we?

Not a lot unfortunately.

We'd be better off matching Jimmy in the RFA stakes.

[Jahensle]

This is interesting. We're basically screwed. We need Jimmy to come down to Earth and not play out of his mind this season while at the same time the team succeeding. As you can see, those two story lines conflict with one another and basically, the Bulls are SOL. Butler will get 14million plus on the open market and we're going to end up with a massive hole at the 2guard and nothing to spend besides to MLE for a Gerald Henderson type replacement. Reggie Rose must be ticked.

[TheStig]

All we can do with the bit of cap space is use the MLE, correct? How are we supposed to sign a replacement with the MLE? It isn't going to happen. This is a bad decision. Even if Jimmy doesn't improve offensively I bet he gets what he was asking from us. The most likely outcomes to this failure of negotiation is bad. We either pay more matching in RFA, or we lose him and are unable to sign a suitable replacement.

MLE is extra.

It doesnt count against your cap space. Its an exception.

Meaning, you can sign someone with the cap space. And use the MLE to add another player.

You don't get the MLE if you have cap space. You have to renounce it.

You get the room exception which is what we used to sign Kirk. Its about half as much.

Regardless the Bulls will be over the cap next year and have the MLE and BAE to sign FA's over the min.

[musiqsoulchild]

All we can do with the bit of cap space is use the MLE, correct? How are we supposed to sign a replacement with the MLE? It isn't going to happen. This is a bad decision. Even if Jimmy doesn't improve offensively I bet he gets what he was asking from us. The most likely outcomes to this failure of negotiation is bad. We either pay more matching in RFA, or we lose him and are unable to sign a suitable replacement.

MLE is extra.

It doesnt count against your cap space. Its an exception.

Meaning, you can sign someone with the cap space. And use the MLE to add another player.

You don't get the MLE if you have cap space. You have to renounce it.

You get the room exception which is what we used to sign Kirk. Its about half as much.

Regardless the Bulls will be over the cap next year and have the MLE and BAE to sign FA's over the min.

So, if we went over the cap to match Butler, we wouldnt have the MLE? I thought we would have the taxpayers full MLE in that scenario.