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salaries of the 97-98 Chicago Bulls -MERGED

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salaries of the 97-98 Chicago Bulls -MERGED 

Post#1 » by pp34thetruth_ » Mon Jun 3, 2013 7:05 pm

Hi guys, was looking at the payroll, wow
MJ asked for 36$M, GM wanted to offer 33$M, they met at 33$M

1 Michael Jordan $33,140,000
2 Toni Kukoc $4,560,000
3 Ron Harper $4,560,000
4 Dennis Rodman $4,500,000
5 Luc Longley $3,184,900
6 Scottie Pippen $2,775,000
7 Bill Wennington $1,800,000
8 Scott Burrell $1,430,000
9 Randy Brown $1,260,000
10 Dickey Simpkins $1,235,000
11 Robert Parish $1,150,000
12 Jason Caffey $850,920
13 Steve Kerr $750,000
14 David Vaughn $693,840
15 Keith Booth $597,600
16 Jud Buechler $500,000
17 Joe Kleine $272,250
18 Rusty LaRue *$242,000

MJ's Salary = 33 Mill
The rest of the team's combined salary = 30.36 Mill

Know Pip complained about his laughable salary, do you guys remember anything relevant about this issue?
in todays nba this would never happen
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Re: salaries of the 97-98 Chicago Bulls 

Post#2 » by AshyLarrysDiaper » Mon Jun 3, 2013 7:13 pm

He did complain. Not to the media, IIRC, but it was generally understood that Pippen felt disrespected by his contract (and rightly so). Jalen Rose now claims this is why Pippen undermines Jordan's legacy at every turn: he (Pip) believes MJ should have lobbied harder to get him a good deal.
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Re: salaries of the 97-98 Chicago Bulls 

Post#3 » by otwok » Mon Jun 3, 2013 7:16 pm

Pippen's salary throughout his career:

1987-88 Chicago Bulls NBA $725,000
1988-89 Chicago Bulls NBA $575,000
1990-91 Chicago Bulls NBA $765,000
1991-92 Chicago Bulls NBA $2,770,000
1992-93 Chicago Bulls NBA $3,425,000
1993-94 Chicago Bulls NBA $3,075,000
1994-95 Chicago Bulls NBA $2,225,000
1995-96 Chicago Bulls NBA $2,925,000
1996-97 Chicago Bulls NBA $2,250,000
1997-98 Chicago Bulls NBA $2,775,000
1998-99 Houston Rockets NBA $11,000,000
1999-00 Portland Trail Blazers NBA $14,795,642
2000-01 Portland Trail Blazers NBA $13,750,000
2001-02 Portland Trail Blazers NBA $18,083,564
2002-03 Portland Trail Blazers NBA $19,727,524
2003-04 Chicago Bulls NBA $4,917,000
2004-05 Chicago Bulls NBA $5,408,700
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Re: salaries of the 97-98 Chicago Bulls 

Post#4 » by Keller61 » Mon Jun 3, 2013 7:33 pm

Wow, that is shocking. How did Pippen ever agree to that contract? I'm glad he at least got paid well later in his career.
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Re: salaries of the 97-98 Chicago Bulls 

Post#5 » by mj234eva » Mon Jun 3, 2013 7:35 pm

Scottie Pippen has signed an $18 million, five-year contract extension with the Chicago Bulls, according to a published report.

The deal was signed in Chicago last week after Game 2 of the NBA Finals, the Chicago Tribune reported.

Bulls officials would neither confirm nor deny the report.

Pippen's $18 million will be spread out over this past season, the next two seasons, for which Pippen is already under contract, and the five after that, the Tribune reported.

Pippen was scheduled to make about $765,000 this season and $1.1 million and $1.25 million over the next two seasons. Under the contract extension, Pippen's pay went to $2.7 million a season for this season and the next seven.


Reportedly, he was advised by management that he shouldn't sign such a long term deal. He wanted the security though. (It was either Krause or Reinsdorf that said it, can't remember)

1995 (post Jordan's return):

Pippen was lucky not to be working in a factory at that time, perhaps in the textile mills in Hamburg, Ark., where he grew up the youngest of 10 children.

Ten kids, tended to by mom, Ethel, and dad, Preston, who worked in a local mill but suffered a stroke and had to retire on disability before Pippen entered high school. And there was brother Ronnie, crippled and in a wheelchair after an accident in gym class.

The vision of Preston deteriorating from a stroke most of Pippen's life and of Ronnie in a wheelchair has always haunted Pippen--so much so that he was desperate to sign the five-year, $18 million contract extension in June 1991 that he now chafes under because of his long-standing fear of injury and loss of security.

"I've always thought that one injury could wipe all of this away," says Pippen. "I'm able to run and jump and do all the things I can do. I'm blessed. We're all blessed in the NBA, but I always would look at Darryl Stingley (the crippled former Purdue University and pro football player who used to sit behind the Bulls' bench in the Chicago Stadium). I'd kind of watch him sometimes and see my brother, a healthy, strong young man, and all of a sudden he's confined to a wheelchair, to where he can't get around. I think about that a lot."


Cont'd

Yet the question still lingers whether Pippen will remain a Bull.

If the Bulls can obtain a high-caliber power forward, as they tried to do last June, they still might trade him. They know that Pippen remains angry over the apparent inequity in his contract while owner Reinsdorf has a firm rule not to renegotiate.

"I never complained about my salary," says Pippen, "but they always said when Michael was here, the best player would be paid the most. That didn't happen when he left. Toni being here never bothered me. I just always was speaking out about the situation. You're not going to tell me that Phil Jackson is going to let (assistant coach) Jimmy Rogers come in here and make more money than he does. Jerry Krause is in love with Toni and always has been praising him like he's Magic (Johnson), the greatest European player. Then he's going around and saying I told him to sign Ron (Harper). I told them to sign Horace.

"Things happen in life, I always feel, so you can see how you handle them," says Pippen. "I think people in Chicago like me and they understand me: why I wouldn't take the ball in the playoffs, my feelings about Krause. I'm sure they can understand why I wanted out of here. They wouldn't want to be at a job with people they didn't like, if they felt so underpaid. The highest qualified people you have should be paid the most. That's just what's right."



Rewind back to when Pippen 1st signed (1987):

"It's not often you find an owner as willing to take part in negotiations as Jerry Reinsdorf," said Pippen's agent, Jimmy Sexton.

"Reinsdorf and Jerry Krause are class people in every sense of the word and have a great commitment to building a winner in Chicago. I've dealt with other people in baseball, football and basketball, and these were the best."


My what a difference a few years makes.
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Re: salaries of the 97-98 Chicago Bulls 

Post#6 » by cars4978 » Mon Jun 3, 2013 8:00 pm

Only they couldn't renegotiate his deal under the CBA. So not sure what Scottie wanted them to do.
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Re: salaries of the 97-98 Chicago Bulls 

Post#7 » by JordansBulls » Mon Jun 3, 2013 8:13 pm

Post by Wewing on Real.gm

Ticket prices (per game) 1997-98 season:

Courtside $425
Main Floor $135
* 100 level $80/$70
+ Club level $45
# 300 level $35/$25/$20


Ticket prices (per game as part of season tickets) 2008-09 season:

Courtside $950
Main Floor $250
* 100 level $135/$120/$110
+ Club level $85/$75
# 300 level $55/$50/$45/$35

* In the 90s, the 100 level price split was between rows 11 and 12 (in all sections.) Today, the price split is center sections/corner sections/end sections with all seats in the same section at the same price.

+ There is an additional $1000 per seat annual fee for season tickets in the club level. Club seats used to be one price for all seats, now the prices are split between center sections/corner and end sections.

# In the 90s, the 300 level price split was rows 1-7/rows 8-12/rows 13-SRO (in all sections). Today the split is rows 1-7 (center sections)/rows 1-7 (corners & ends)/rows 8-SRO (center)/rows 8-SRO (corners and ends)






------------------------------------------------------------

These are the 2010-2011 Prices with the addition of Carlos Boozer




http://www.nba.com/bulls/tickets/seasons.html

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http://www.nba.com/bulls/tickets/seating.html

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Just strange that prices are double now than then when we had already won 2 in a row.

When you consider what our payroll was then.

1996-97 Chicago Bull's Payroll:

1. Michael Jordan $30,140,000
2. Dennis Rodman $9,000,000
3. Toni Kukoc $3,960,000
4. Ron Harper $3,840,000
5. Luc Longley $2,790,000
6. Scottie Pippen $2,250,000
7. Randy Brown $1,300,000
8. Dickey Simpkins $1,040,000
9. Robert Parish $1,000,000
10. Bill Wennington $1,000,000
11. Steve Kerr $750,000
12. Jason Caffey $700,000
13. Judd Buechler $500,000

Total $58,270,000

That pretty much is more at that time than it is now and the prices at the time were half of what they are now.
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Re: salaries of the 97-98 Chicago Bulls 

Post#8 » by mj234eva » Mon Jun 3, 2013 8:22 pm

cars4978 wrote:Only they couldn't renegotiate his deal under the CBA. So not sure what Scottie wanted them to do.


Can existing contracts be renegotiated?

A contract for four or more seasons can be renegotiated after the third anniversary of its signing, extension, or renegotiation that increased any season's salary by more than 8%. Contracts for fewer than four seasons cannot be renegotiated. A contract cannot be renegotiated between March 1 and June 30 of any year. Only teams under the cap can renegotiate a contract, and the salary in the then-current season can be increased only to the extent that the team has room under the cap. Raises in subsequent years are limited to 10.5% of the salary in the first renegotiated season. The renegotiation may not contain a signing bonus. Contracts cannot be renegotiated downward (players can't take a "pay cut" in order to create salary cap room for the team) or to contain fewer seasons.

Again, a team over the salary cap cannot renegotiate a contract. An interesting case of this was Shawn Kemp with the Sonics. Kemp, who was unhappy with his contract and wanted to renegotiate, could not get a larger contract from the Sonics because they were over the cap. Kemp forced a trade to Cleveland, who was far enough under the cap at the time to give him the large contract he wanted. Kemp's contract was renegotiated soon after the trade.


http://members.cox.net/lmcoon/salarycap.htm#52

Use the web archive to view the link.

Pippen, the fifth-highest paid player on the Bulls at $2.1 million this season, has publicly announced his desire to renegotiate.

Although each sport has methods of compensating its superstars, some underpaid compared to rivals, basketball wrestles with well-publicized renegotiations more often. That difference is generally a function of the financial and cultural structures particular to each league.

It's not that only basketball players want to renegotiate, it's that only basketball players have the means to renegotiate on a widespread scale.

As Jimmy Sexton, Pippen's agent, put it: "There's no doubt about it that renegotiation has had a life of its own in the NBA."

Though it appears Pippen will have to live with his current deal, several other NBA players have obtained more money. New York's Patrick Ewing will earn a "balloon" payment of $18.75 million next year, essentially as compensation for years of underpayments, and Portland's Clyde Drexler will get $9.75 million.

"Almost any other team in the league would have addressed this situation already, and the Bulls just have not," Sexton said. "I don't know if you can find a great player in the league who hasn't had his contract readdressed."

However, Sexton admitted Pippen is unhappy with his general situation in Chicago, not just his salary. Pippen was aware that he might feel underpaid as his contract wore on.

Bulls owner Jerry Reinsdorf has declined to renegotiate with Pippen now, saying he does not open discussions until a player's contract is within two years of ending. Pippen's contract doesn't run out until 1998.


http://articles.chicagotribune.com/1995 ... iate-bulls
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Re: salaries of the 97-98 Chicago Bulls 

Post#9 » by chadrucf » Mon Jun 3, 2013 8:39 pm

It's really a shame the Scottie was not paid up to his production, but that is one of the factors that allowed us to have a great roster overall. People talk about the sacrifice of Miami's players, but this is another level.
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Re: salaries of the 97-98 Chicago Bulls 

Post#10 » by ChiCitySPORTS#1 » Mon Jun 3, 2013 8:56 pm

Damn we kinda lucked into that. Scottie was severely underpaid.
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Re: salaries of the 97-98 Chicago Bulls 

Post#11 » by otwok » Mon Jun 3, 2013 9:05 pm

For comparison here are a few other salaries of the all-time greats in the 90's

Hakeem:
1985-86 Houston Rockets NBA $882,500
1987-88 Houston Rockets NBA $1,452,666
1988-89 Houston Rockets NBA $1,677,666
1990-91 Houston Rockets NBA $3,175,000
1991-92 Houston Rockets NBA $3,170,000
1992-93 Houston Rockets NBA $3,170,000
1993-94 Houston Rockets NBA $3,170,000
1994-95 Houston Rockets NBA $3,169,900
1995-96 Houston Rockets NBA $5,305,000
1996-97 Houston Rockets NBA $9,655,000
1997-98 Houston Rockets NBA $11,156,000
1998-99 Houston Rockets NBA $12,943,000
1999-00 Houston Rockets NBA $14,302,001
2000-01 Houston Rockets NBA $16,700,000
2001-02 Toronto Raptors NBA $5,061,539
2002-03 Toronto Raptors NBA $5,694,231
2003-04 Toronto Raptors NBA $6,326,923


Barkley:
1985-86 Philadelphia 76ers NBA $437,500
1987-88 Philadelphia 76ers NBA $822,500
1988-89 Philadelphia 76ers NBA $1,536,000
1990-91 Philadelphia 76ers NBA $2,900,000
1991-92 Philadelphia 76ers NBA $3,200,000
1992-93 Phoenix Suns NBA $2,420,000
1993-94 Phoenix Suns NBA $3,250,000
1994-95 Phoenix Suns NBA $4,030,000
1995-96 Phoenix Suns NBA $4,760,000
1996-97 Houston Rockets NBA $4,695,000
1997-98 Houston Rockets NBA $2,250,000
1998-99 Houston Rockets NBA $1,000,000
1999-00 Houston Rockets NBA $9,000,000

Malone:
1985-86 Utah Jazz NBA $225,000
1987-88 Utah Jazz NBA $835,000
1988-89 Utah Jazz NBA $1,350,000
1990-91 Utah Jazz NBA $2,260,000
1991-92 Utah Jazz NBA $2,556,000
1992-93 Utah Jazz NBA $2,854,000
1993-94 Utah Jazz NBA $3,081,000
1994-95 Utah Jazz NBA $3,378,800
1995-96 Utah Jazz NBA $3,676,000
1996-97 Utah Jazz NBA $4,657,000
1997-98 Utah Jazz NBA $5,118,578
1998-99 Utah Jazz NBA $6,142,000
1999-00 Utah Jazz NBA $14,000,000
2000-01 Utah Jazz NBA $15,750,000
2001-02 Utah Jazz NBA $17,500,000
2002-03 Utah Jazz NBA $19,250,000
2003-04 Los Angeles Lakers NBA $1,500,000
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Re: salaries of the 97-98 Chicago Bulls 

Post#12 » by chadrucf » Mon Jun 3, 2013 9:08 pm

What the heck happened in '99? Was there a huge CBA overhaul?
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Re: salaries of the 97-98 Chicago Bulls 

Post#13 » by mrlancers » Mon Jun 3, 2013 9:19 pm

chadrucf wrote:What the heck happened in '99? Was there a huge CBA overhaul?


Oh yeah. There was a lockout right after the last Bulls championship that spilled through the 98-99 season that shortened that year to 50 games. That one I thought was worse than the one two years ago. That one blew open the doors to the bigger contracts that we see today. It also put a cap on the max amount a contract can be worth. And it was also where teams were now permitted to match up salaries in trades.
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Re: salaries of the 97-98 Chicago Bulls 

Post#14 » by chadrucf » Mon Jun 3, 2013 9:22 pm

mrlancers wrote:
chadrucf wrote:What the heck happened in '99? Was there a huge CBA overhaul?


Oh yeah. There was a lockout right after the last Bulls championship that spilled through the 98-99 season that shortened that year to 50 games. That one I thought was worse than the one two years ago.


I knew there was a lockout, but was the CBA radically changed in favor of the players after that? (unlike the shift towards ownership in the latest revisions)
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Re: salaries of the 97-98 Chicago Bulls 

Post#15 » by chadrucf » Mon Jun 3, 2013 9:23 pm

mrlancers wrote:That one blew open the doors to the bigger contracts that we see today. It also put a cap on the max amount a contract can be worth. And it was also where teams were now permitted to match up salaries in trades.


Thanks. Pretty revolutionary.
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Re: salaries of the 97-98 Chicago Bulls 

Post#16 » by mrlancers » Mon Jun 3, 2013 9:27 pm

chadrucf wrote:
mrlancers wrote:That one blew open the doors to the bigger contracts that we see today. It also put a cap on the max amount a contract can be worth. And it was also where teams were now permitted to match up salaries in trades.


Thanks. Pretty revolutionary.


I should point out that the contracts got bigger because of the 55% of league revenue they received. And the TV contracts escalated as well.

My memory of the specifics from 14 years ago is gonna be fuzzy so I'm sure there's some stuff I'm missing. I think I got the gist of it though.
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Re: salaries of the 97-98 Chicago Bulls 

Post#17 » by Wewing » Mon Jun 3, 2013 10:35 pm

mj234eva wrote:
cars4978 wrote:Only they couldn't renegotiate his deal under the CBA. So not sure what Scottie wanted them to do.


Can existing contracts be renegotiated?

A contract for four or more seasons can be renegotiated after the third anniversary of its signing, extension, or renegotiation that increased any season's salary by more than 8%. Contracts for fewer than four seasons cannot be renegotiated. A contract cannot be renegotiated between March 1 and June 30 of any year. Only teams under the cap can renegotiate a contract, and the salary in the then-current season can be increased only to the extent that the team has room under the cap. Raises in subsequent years are limited to 10.5% of the salary in the first renegotiated season. The renegotiation may not contain a signing bonus. Contracts cannot be renegotiated downward (players can't take a "pay cut" in order to create salary cap room for the team) or to contain fewer seasons.

Again, a team over the salary cap cannot renegotiate a contract. An interesting case of this was Shawn Kemp with the Sonics. Kemp, who was unhappy with his contract and wanted to renegotiate, could not get a larger contract from the Sonics because they were over the cap. Kemp forced a trade to Cleveland, who was far enough under the cap at the time to give him the large contract he wanted. Kemp's contract was renegotiated soon after the trade.


http://members.cox.net/lmcoon/salarycap.htm#52

Use the web archive to view the link.

Pippen, the fifth-highest paid player on the Bulls at $2.1 million this season, has publicly announced his desire to renegotiate.

Although each sport has methods of compensating its superstars, some underpaid compared to rivals, basketball wrestles with well-publicized renegotiations more often. That difference is generally a function of the financial and cultural structures particular to each league.

It's not that only basketball players want to renegotiate, it's that only basketball players have the means to renegotiate on a widespread scale.

As Jimmy Sexton, Pippen's agent, put it: "There's no doubt about it that renegotiation has had a life of its own in the NBA."

Though it appears Pippen will have to live with his current deal, several other NBA players have obtained more money. New York's Patrick Ewing will earn a "balloon" payment of $18.75 million next year, essentially as compensation for years of underpayments, and Portland's Clyde Drexler will get $9.75 million.

"Almost any other team in the league would have addressed this situation already, and the Bulls just have not," Sexton said. "I don't know if you can find a great player in the league who hasn't had his contract readdressed."

However, Sexton admitted Pippen is unhappy with his general situation in Chicago, not just his salary. Pippen was aware that he might feel underpaid as his contract wore on.

Bulls owner Jerry Reinsdorf has declined to renegotiate with Pippen now, saying he does not open discussions until a player's contract is within two years of ending. Pippen's contract doesn't run out until 1998.


http://articles.chicagotribune.com/1995 ... iate-bulls


Thanks, some good history there. But if I'm reading it right (and if I recall correctly) there was no way for the Bulls to renegotiate Pippen's contract, given in 1995 (Tribune article) the Bulls were more than $6 million over the salary cap. In fact, the '90-91 season was the last time until Tim Floyd's arrival that the Bulls were under the salary cap, and at that time Scottie's extension had not even kicked in yet.

Pippen's contracts (from the earlier article) went like this: He signed a deal before his rookie year in 1987 for 6 seasons that would carry through the 1992-93 season. During the 1991 finals or perhaps just after them (his 4th season) he signed a 5 year extension that would begin with the 1993-94 season and run through 1997-98. From the earlier article, he also got a boost to the last 2 years remaining on his rookie contract which sounds like a 2 year renegotiation followed by a 5 year extension. It was just his bad luck to lock in a lower salary during a stretch the league salary cap went up 150% and the salary for players on top quadrupled. (Corrections to the above figures and dates are welcome.)

One other point...the Tribune article is a little misleading in that it references Ewing & Drexler getting big raises as if Pippen would also be eligible, while glossing over the fact that those were new extensions as opposed to renegotiations of existing deals.
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Re: salaries of the 97-98 Chicago Bulls 

Post#18 » by DRose4MVP » Tue Jun 4, 2013 6:18 am

Poor Scottie. No wonder he is only able to afford court side seats for him and his wife to every Bulls game.
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Re: salaries of the 97-98 Chicago Bulls 

Post#19 » by mrlancers » Tue Jun 4, 2013 6:19 am

It also explains why he was terrible at tipping.
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Re: salaries of the 97-98 Chicago Bulls 

Post#20 » by LCMJ » Tue Jun 4, 2013 6:22 am

wow, never knew Scottie got payed so little. No wonder why he is so bitter.
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