The Bulls defense is predicated on giving up contested long 2s. The thinking goes that if every team has to give something up on defense, it might as well be the most inefficient shot in basketball.
However, many fans have expressed concern that this actually weakens our defense, because we give up too many easy midrange jumpers. Do the numbers support this complaint?
First, let's confirm that the Bulls defense this year is giving up the long 2 by looking at our opponents' distribution of FG attempts.
We lead the league in the percentage of our opponents FG attempts that come from 2pt FGs:

As a corollary to this, we are also leading the league in preventing opponents from shooting 3s:

Where are our opponents' 2pt FG attempts coming from? You guessed it, they're all long 2s. The Bulls are leading the league by a wide margin in the percentage of their opponents shots that are long 2s:


Now that we have confirmed that this is what the Bulls are trying to get their opponents to do, is it a good strategy?
Teams are shooting the midrange 2 against us at just below league average (rank 18), but fans' intuition is correct that teams shoot the long 2 relatively well against us (rank 7):


Since we are mediocre at defending long 2s and we allow teams the opportunity to shoot it at will, does that mean our opponents should go for it? In a word, no:
The long 2 is fool's gold for opposing teams. We give it up whenever they want it and even though we don't defend it particularly well, it's such an inefficient shot that it still allows us to hold opponents to the 2nd lowest FG% overall on 2s.

We supplement this by being the fiercest defenders close to the basket. We are leading the league in blocks, but more importantly we are leading the league in opponents' FG% at the rim:

We also are leading the league in taking away the corner 3:

Remember that the most efficient shots in basketball are dunks, layups, free throws, and corner 3s. These are all areas that the Bulls' defense limits. All of this adds up to having the 3rd best defensive eFG% in the league:

Not bad Bulls.
So remember that when you see teams scorching us on long 2s, there's a method to the madness.
The Bulls defense is very theoretical. Thibs employs game theory to bait opposing teams into taking long jumpers. When players sink jumpers at what seems like a reasonable rate, they take the bait and begin to settle for inefficient shots.
Employing a theoretical approach to team defense is what has allowed poor individual defenders like Carlos Boozer to post career defensive ratings (Boozer's defensive rating was a career best (99, 95, 100, 98) with the Bulls, and ballooned (110) after signing with the Lakers).
In short, Thibs' defensive philosophy is rather genius and maximizes the defensive contributions of everyone on the team. The eye test suggests that we are giving up too many jumpshots, but a deeper analysis of the numbers shows that the team is doing just fine.