Let's Talk Future Salaries

[DanTown8587]

So now that we have an idea about what players will cost, let's talk about future costs.

2011-12
Carlos Boozer...... $13,500,000
Luol Deng ...... $12,325,000
Joakim Noah ...... $12,000,000
Derrick Rose ...... $6,993,708
Kyle Korver ...... $5,000,000
Ronnie Brewer...... $4,710,000
C.J. Watson ...... $3,400,000
Omer Asik ...... $1,721,000
Taj Gibson ...... $1,195,680
Jimmy Butler ...... $800,000 (estimate)

TOTAL: $61,645,388
Options declined on Keith Bogans, Janerro Pargo and John Lucas II

2012-13
Rose ...... $17,413,200 (30% of 58 million cap)
Boozer ...... $15,000,000
Deng ...... $12,325,000
Noah ...... $11,300,000
Gibson ..... $2,155,811
Butler ..... $900,000
2012 #1 ...... $1,000,000 (estimate)
TOTAL: $60,094,011

Options/Free Agents
Korver ..... $5,000,000
Brewer ..... $4,370,000
Watson ..... $3,200,000
Asik ..... $5,000,000
TOTAL: $17,570,000

2013-14
Rose ..... $18,719,190 (7.5% raises)
Boozer ...... $15,300,000
Deng ...... $14,275,000
Noah ..... $11,100,000
Asik ..... $5,000,000 (max)
Butler ..... $1,150,000
2012 #1 ..... $1,125,000 (estimate)
2013 #1 ...... $1,000,000 (estimate)
TOTAL: $67,669,190
Free Agents: Taj Gibson

Summary: I believe that the luxury tax levels the next two years will not change from last year's number (70.3 million), so it's entirely possible that the Bulls won't be a tax paying team either this year or next even if they added a MLE type two guard. A lot of that would depend on declining options and what it would cost to resign Omer. The interesting question would be what would the following year and what they should do in the 4th year of Boozer, the final year of Deng and the 3rd year of Noah's deal with that salary. I don't imagine that the luxury tax will grow that much to fit a MLE type salary and Gibson's extension into that. So we will see what the Bulls will do. I wouldn't be shocked if they used the MLE but I also wouldn't be shocked if they didn't.

EDIT Rookies like Rose get 30%

[Pax for Prez]

Wasn't the Lux Tax being moved to $75 million ?

Can anyone confirm ths ?

Pax

[panthermark]

That increased max salary for Rose is big... I was not expecating the CBA to turn out like that.

[Tommy Udo 6]

Boozer or Deng or Noah can all be amnestied in future if need.

The way I understand it, if Rose is extended, then he cannot be amnestied since it is based on the contract in force as of 7/1/11 and an extension is technically a new contract. (OK - Rose was never going to be amnestied anyway, but I use him as an example here.)

[BeKuK]

That increased max salary for Rose is big... I was not expecating the CBA to turn out like that.

You're right. He's worth every single penny, but it's going to hurt a little bit.

[dougthonus]

It will be very difficult for the Bulls to improve without paying the tax.

Say what you want about Brewer/Korver/Watson, but in year two you've got 10 million to replace all three of those guys and resign Omer. Good fricken luck with putting a better roster together under those circumstances without paying the tax.

It's put up or shut up time for Jerry Reinsdorf now.

[DanTown8587]

In my own opinion, I guess we should start the "should we amnesty Boozer and bring Mirtoic over" threads now? I think the Bulls can still use their MLE on a 2 guard and be fine. The Bulls will have to be able to get rotation guys with their draft picks to help their costs. As it stands, the Bulls in two years will be the big four, Asik, Gibson, Butler, the MLE guy, a first and vet mins. That's not horrific (I think we forget how many bad players play the back end of rotations of really good teams). It's just not it was last year.

[bullsnewdynasty]

It's time for our starters to start earning their cash. 10 man rotation isn't realistic in the long term.

[stillalive]

Year 3 breakdown - Team Salary $75 million, Tax Level $75 million

One "Superstar (max salary)": $17 million.

One "All-Star": $14 million.

One "Starter": $10 million.

Two "Starters": $8 million (apiece).

One "6th Man": $5 million.

One "Rotation Player": $4 million.

One "Rotation Player": $3 million.

One "Rotation Player": $2 million.

One "Rotation Player": $1 million.

Five "Remaining Players": $3 million (total, $600,000 average per player).

[Red Larrivee]

It will be very difficult for the Bulls to improve without paying the tax.

Say what you want about Brewer/Korver/Watson, but in year two you've got 10 million to replace all three of those guys and resign Omer. Good fricken luck with putting a better roster together under those circumstances without paying the tax.

It's put up or shut up time for Jerry Reinsdorf now.

+1.

[cot2]

JR made those statements under a completely different set of circumstances. There is a big difference between limitations to make changes to team rosters for tax payers, even if he had no problem with the much larger financial penalties. The majority of teams backed these steps to equalize the league, and no one should expect statements made under a different CBA should carry over.

[stillalive]

I posted this on the GB

Here's a quote from JR

”I don’t mind [paying] the tax if it’s an intelligent expenditure. I don’t care what the tax would be; if we had a guy who was going to put us over the top and put us in the Finals, I’d pay the tax. I wouldn’t hesitate.”

http://bullsbythehorns.com/?p=982

[jc23]

It will be very difficult for the Bulls to improve without paying the tax.

Say what you want about Brewer/Korver/Watson, but in year two you've got 10 million to replace all three of those guys and resign Omer. Good fricken luck with putting a better roster together under those circumstances without paying the tax.

It's put up or shut up time for Jerry Reinsdorf now.

I think the key here (and it is easier said then done) is to get a combo player who can double as the back up pg and put some quality time in as sg (or a point forward type guy). Basically what the Bulls wanted out of CJ Watson last season.

But yes, what JR does in the next few seasons is really going to bring out his true intentions with this Derrick Rose lead team.

I mean can you imagine in 5 years Rose leaving because JR never payed to put the Bulls over the top.

[jc23]

It's time for our starters to start earning their cash. 10 man rotation isn't realistic in the long term.

+1.

[dafunky1]

Dang Thonus,Ive been mentioning this tax thing all day.JR really dont have a choice in the matter.And by all accounts,it seems the dollar for dollar lux tax will be in effect for two years.Now would be the time.Whats the worst that can happen if the Bulls dont win a chip?? They could dump either Boozer,Deng or Noah.Plus by that time,Mirotic should be coming over.The Bulls could afford to go into the tax for 2 years.

[ballerkingn2]

if you don't want to pay the tax,now its best to get a good gm,with a keen eye for talent. I think certain skill players we need can be found on the cheap,but that's not always a given to get the player you want. I think then the 2nd round(if they keep it as is) is the best bet for cheap role players you select. This again leads back to good gming and scouting. Over looked could be over seas players. Maybe certain players might get a shot now, then they wouldn't have before. Still scouting and gm is going to be key. For all non tax paying teams.

[scoutshonor]

I will put money up that JR never ever pays more than a dollar for dollar tax and he will not do it unless the Bulls have already WON a championship and even then it will only be for a Pippen or MJ type player...Rose fits that category.

JR let Horace walk after 3 straight championships and 7 games with the Knicks in 94...cuz he didn't want to pay him about 1/2 what Garnett's rookie deal was. In 94, Horace was averaging about 17 and 11 on about 55% shooting and all defense type defender. If we had a decent SG(pete myers) in 94 we likely would have won it all then too. JR was on his thrift kick because the "name" (MJ) was gone. Fact was that the 94 team led by Pip, Horace, Kukoc was better than last year's Bulls. All that cheap skate, JR, had to do was sign a decent Sg or trade for one and keep Horace. Scottie would likely have 8 rings.

So I highly doubt he ever pays the lux tax...and if he does it will be at most the dollar for dollar and wont exceed the lux tax by more than 5 million.

and he now has an alibi about the tax...new rules...new CBA etc. He aint paying it!

I'm guessing that we will not be amnestying anyone either unless they completely suck...so long as the Bulls win 55 games and make it to round 2 or 3...JR will be just peachy.

What will likely happen is Boozer and/or Deng will be traded for an expiring contract that can still play a bit...perhaps a deng and filler like Omer for Pierce in a year or 2.

[night_hawk]

when is the latest you could still sign drose to a max contract? can it be done after the start of 2012 free agency signing period next summer? going into next summer with a $9 mil cap hold for rose instead of $17 mil (max) would leave room for a straight up dwight howard signing with amnesty of boozer and renouncing rights of brewer/korver/watson if the cap stays between $58-60 mil. even if you start dwight howard off at $17-18 mil, it won't put us that much closer to the luxury tax given boozer's contract has higher raises each year. and, we could trade noah into a cheaper power forward contract (like millsap).

[jc23]

I hope we will get some of our heavy hitters in here to break down every scenario.

[Susan]

Isn't Rose getting 30% of the salary cap.