Omer Asik and Rockets agree to deal 3 years 25 million

[MrFortune3]

All the people who are so quick to say Bulls should match this deal will be when the ones crying when we can't find a legit Robin to DRoses's Batman. Let Asik go, he was worth a maximum of $4-5 mil per year an average of $8.33mil a year is downright crazy.

the deal is back loaded in the final year for 15 mil. that's a huge expiring deal to dangle if we need to move him later on.

[RichardsRival3]

Everyone is Asiking in their pants right now. Gar needs to figure this out.

Hopefully Gar/Pax have it figured out already.

They can't be surprised that a team offered Omer this much. The is a legit 7 foot C who plays elite D.

Gar/Pax should have had a plan to either match any contract or trade him for something valuable.

[Action Paxson]

If we match that, it would be a horrible mistake. And I'm pretty sure he'd be BYC in his 3rd year, so it will not be very easy to trade.

[MrFortune3]

Nick Friedell ‏@ESPNChiBulls
Just got off the phone with @LarryCoon who tells me HOU deal for Omer would look like this: Year 1: 5 mil. Y2: 5.225 mil. Y3: 15 mil.
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definitely match that. it's basically MLE money for the first two seasons and then balloons to 15 mil in the final year.

[Red Larrivee]

Bulls have to match.

5 million for the 1st 2 years.

Match and trade him for something valuable.

Do you know how difficult it is to match/trade a $15M salary for a BACKUP CENTER? Daryl Morey basically just pimpslapped any Bulls fan who thinks the Bulls should pay Omer based off the first two years and trade him later. $15M for Omer is a poisonous deal regardless of it being an expiring. The Bulls would be unlikely to find anything valuable because of it, and even then you're still paying $15M for whatever non all-star players you get.

More importantly, in 2014-15, the Bulls are going to be royally ****. Yes, amnestying Boozer will help, and Deng will be gone by then, but as of right now you would have $49M tied up between Rose/Noah/Asik/Butler/Teague. And that's not even figuring in Taj Gibsons contract, who is sure to get $7-8M easily now. You're looking at having $56M tied up in Derrick Rose and a group of defenders. You would have no room to add an all-star talent, and your roster would be imbalanced as hell.

If the Bulls match this deal, they are ****.

[AAU Teammate]

whats that thing in the reef with the big shiny teeth that's a Morey

http://www.youtube.com/watch?v=8x6lpTLE3aw

[DerrickRose025]

Adrian Wojnarowski‏@WojYahooNBA

Y! Sources: Rockets reach agreement on 3-year, $25.1 million offer sheet with Bulls center Omer Asik. http://tinyurl.com/7xgc3vp

[organix85]

I'm no capologist, but wouldn't we have to take back a good chunk of his 15 mill if we dealt him in the 3rd year.

I think that's the point though. You use the 15 million expiring to get another guy worth about 15 million.

If you're taking back $15 you're over the tax limit. You're in the same boat. However, as KC has already tweeted, we'd amnesty Boozer in Asik's final year which would give us the ability to stay under the tax limit.

Makes sense. Still a lot of money for our 4th big.

Yea, this won't help for tax purposes at all. This trade would be in hopes that some star wants to leave. Or more likely an underperforming guy... I'm not saying we will/should get these guys... but think Joe Johnson or Rudy Gay. Say that team decides it's time to blow it up, but they need to get rid of that massive contract. You offer them the 15 million expiring with picks or young talent and they give over the player. They clear off the remaining years and save cash... the Bulls get a good player. Again, I don't know who will be 'that guy' 3 seasons from now, but that's the idea. To be honest, I don't think we'd really put that expiring to use cause that scenario doesn't happen often enough.

[boogydown]

I don't see a reason why Houston would work out a sign and trade. They gain nothing by it and neither does Asik.

I really have no issue with the Bulls not paying the tax. My issue with the Bulls is not paying the tax and then being dumb with their money, forcing themselves into bad situations later. Even if Asik is a $15M expiring, I think it might be BYC and in trade, the Bulls would have to take back a lot. Between Boozer, Rose, Noah and Asik, the Bulls would have $60M tied up in 4 players (two of which play the same position).

The Bulls simply can't match this. If they do, they are flaming idiots who will pay dearly for the decision in 2014/15, the prime of Derrick's career.

The thing is we're mixing up 2014 and 2015. 2014 is the year of Lebron, Wades, Bosh Free Agents again who'll be in their 30's. They didn't sign here before, and I don't expect them to sign here again. It actually maybe wise to give Deng another year extension because he is expiring at the wrong time.

Derrick Rose Free Agent Class can opt out in 2015. Kevin Love, hopefully Eric Gordon are the obvious two targets. These guys are the targets we'd want and by then, Boozer and Asik will have expired and Noah will be on his final year.

The Bulls have 9 days to talk terms with the Rockets otherwise you really have no choice but to match in my opinion. The deal sucks on 2014-2015 but they made the decision to keep Asik and now they have to move forward with it. The deal can't be designed until the 11th so I believe they can still talk trade right? If Houston is unwilling to trade, we have no choice but to keep Asik.

[RichardsRival3]

Bulls have to match.

5 million for the 1st 2 years.

Match and trade him for something valuable.

Do you know how difficult it is to match/trade a $15M salary for a BACKUP CENTER? Daryl Morey basically just pimpslapped any Bulls fan who thinks the Bulls should pay Omer based off the first two years and trade him later. $15M for Omer is a poisonous deal regardless of it being an expiring. The Bulls would be unlikely to find anything valuable because of it, and even then you're still paying $15M for whatever non all-star players you get.

More importantly, in 2014-15, the Bulls are going to be royally ****. Yes, amnestying Boozer will help, and Deng will be gone by then, but as of right now you would have $49M tied up between Rose/Noah/Asik/Butler/Teague. And that's not even figuring in Taj Gibsons contract, who is sure to get $7-8M easily now. You're looking at having $56M tied up in Derrick Rose and a group of defenders. You would have no room to add an all-star talent, and your roster would be imbalanced as hell.

If the Bulls match this deal, they are ****.

Why can't you match and trade him during the 1st 2 years when he is making 5 and 5.2 million?

That way at least we get some value out of it. Letting him walk means we get nothing.

[Payt10]

So much for that 2014 plan if we match Omer's deal eh? The value you get out of amnestying Boozer is negated because you are paying Omer 15 million dollars to backup Noah. This would be one of the worst decisions this front office could make if they choose to resign him.

[Red Larrivee]

last year a huge expiring deal though as trade bait.

Can you tell me what team is going to be in a rush to pay $15M for Omer Asik for one season? I repeat 15 MILLION. Andrew Bynum doesn't even make that much. Al Horford doesn't even make that much. Omer Asik would be the Bulls 2nd highest player and he's a backup center.

I don't think some of you are putting this fully into perspective about how awful that last year is. It is freaking poisonous.

[umfan83]

Yeah I don't think its going to be that easy to just trade a backup C who cant catch a basketball making $15 million.

If it was, I don't think Houston would have gone this route.

[kingkirk]

Bulls have to match.

5 million for the 1st 2 years.

Match and trade him for something valuable.

Do you know how difficult it is to match/trade a $15M salary for a BACKUP CENTER? Daryl Morey basically just pimpslapped any Bulls fan who thinks the Bulls should pay Omer based off the first two years and trade him later. $15M for Omer is a poisonous deal regardless of it being an expiring. The Bulls would be unlikely to find anything valuable because of it, and even then you're still paying $15M for whatever non all-star players you get.

More importantly, in 2014-15, the Bulls are going to be royally ****. Yes, amnestying Boozer will help, and Deng will be gone by then, but as of right now you would have $49M tied up between Rose/Noah/Asik/Butler/Teague. And that's not even figuring in Taj Gibsons contract, who is sure to get $7-8M easily now. You're looking at having $56M tied up in Derrick Rose and a group of defenders. You would have no room to add an all-star talent, and your roster would be imbalanced as hell.

If the Bulls match this deal, they are ****.

100% agree.

Morey has geared the contract like this for 2 reason:

1. To have a massive expiring
2. To ensure he makes it as difficlut as possible for us to match.

It would be a silly move and we'd be complaining about matching this deal and having 27 million wrapped up in the centre position.

[Red Larrivee]

Why can't you match and trade him during the 1st 2 years when he is making 5 and 5.2 million?

That way at least we get some value out of it. Letting him walk means we get nothing.

Letting him walk for nothing means we avoid a horrible three-year contract for a backup center. It's significant compensation in its own right. Why do we have to bend our team over for Omer Asik?

Do you know difficult it is to match up a $15M contract, especially one for a guy who plays 12-15mpg? Who do you think the Bulls are going to get for that?

[DerrickRose025]

John Hollinger‏@johnhollinger

Rereading, looks like yr 3 can go as high as $14M. Still not seeing how 15 possible.

[U boj]

Everyone just talking in ifs and buts. What about giving some historical example of a back up centar as a huge expiring traded for something great? Has that ever happened? Ever?

[imagge]

I'm no capologist, but wouldn't we have to take back a good chunk of his 15 mill if we dealt him in the 3rd year.

I think that's the point though. You use the 15 million expiring to get another guy worth about 15 million.

Nobody is going trade you a max player for Omer...

[MrFortune3]

last year a huge expiring deal though as trade bait.

Can you tell me what team is going to be in a rush to pay $15M for Omer Asik for one season? I repeat 15 MILLION. Andrew Bynum doesn't even make that much. Al Horford doesn't even make that much. Omer Asik would be the Bulls 2nd highest player and he's a backup center.

I don't think some of you are putting this fully into perspective about how awful that last year is. It is freaking poisonous.

it's 15 mil and some team looking for cap relief with a bad contract for them but a really good player would work just fine for us.
that expiring deal at 15 mil(BYC or not) would be a nice trade chip to add to make a deal work.

[kyrv]

^^ I thought Asik's contract was like that because of his status and years etc.?

I thought 5 million was the limit the first year, and 5 and change the second?