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Renouncing Then Signing
Posted: Fri Feb 22, 2008 8:22 am
by DanTown8587
The Bulls made a blockbuster deal today, but I was wondering what affects it has on their cap. As of right now, they have 49,371,173 in salary commitments to guys next year, excluding Deng and Gordon. So if they renounce Gordon and get that hold off, what options does that open up besides making Gordon a RFA?
Posted: Fri Feb 22, 2008 2:26 pm
by FGump
They would have to renounce Bird rights on BOTH Deng and Gordon to have any spendable cap room. Ain't gonna happen.
Posted: Fri Feb 22, 2008 5:01 pm
by LarryCoon
To me the most likely scenario this summer is that they re-sign Deng to a hefty deal, and use Gordon in a sign-and-trade to try to bring in more size.
Posted: Sun Feb 24, 2008 6:19 pm
by Tommy Udo 6
Actually the Bulls have 9 guaranteed deals for $48,659,656
The 10th deal (JamesOn Curry, $711,517) is non-guaranteed