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Jimmy Butler, Bulls Finalize $95M, Five-Year Deal

Jul 1, 2015 2:21 PM

Jimmy Butler and the Chicago Bulls have finalized a five-year, $95 million contract.

The deal will include a player option for Butler after the fourth year.

Rival teams interested in signing Butler to an offer sheet are moving onto other options.

Butler's agents with Relativity Sports, Happy Walters and Steve McCaskill, negotiated the deal with Bulls general manager Gar Forman. 

Butler had rejected the Bulls' offer of a four-year, $44 million deal. The Bulls could have had Butler on a four-year, $48 million deal.

Adrian Wojnarowski/Yahoo! Sports

Tags: Jimmy Butler, Chicago Bulls, NBA, NBA Signing Rumor, NBA Misc Rumor

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Mike Dunleavy Agrees Upon Three-Year, $14.4M Deal With Bulls

Jul 1, 2015 10:08 AM

Mike Dunleavy Jr. has agreed upon a three-year, $14.4 million deal with the Chicago Bulls. Dunleavy will receive a partial guarantee on his contract in Year 3.

Dunleavy also drew interest from the Cleveland Cavaliers and Washington Wizards.

Dunleavy joined the Bulls in 2013.

Adrian Wojnarowski/Yahoo! Sports

Tags: Mike Dunleavy, Chicago Bulls, Cleveland Cavaliers, Washington Wizards, NBA, NBA Signing Rumor, NBA Misc Rumor

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Jimmy Butler Considering Five-Year Max Offer From Bulls

Jul 1, 2015 1:11 AM

Chicago Bulls star Jimmy Butler is giving consideration to accepting the franchise's offer of a five-year maximum contract, league sources told RealGM.

The current offer sheet must include a player option on the fifth season for Butler to consider accepting, sources said.

Despite Butler's interest in probing the market over the past several months, sentiment increased Tuesday that Butler would be open to a deal that includes trade kickers, max year-to-year raises and the option of his choice.

Butler plans to sleep on the decision, months after turning down an extension offer from the Bulls.

Shams Charania/RealGM

Tags: Jimmy Butler, Chicago Bulls, NBA, NBA Signing Rumor, NBA Misc Rumor

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Mike Dunleavy Receiving Interest From Cavs, Wizards; Bulls Remain Favorites

Jul 1, 2015 12:38 AM

Mike Dunleavy is receiving free agent interest from the Cleveland Cavaliers and Washington Wizards, league sources tell RealGM.

The Chicago Bulls remain the favorites to re-sign Dunleavy.

Dunleavy joined the Bulls in 2013 in free agency.

Shams Charania/RealGM

Tags: Mike Dunleavy, Chicago Bulls, Cleveland Cavaliers, Brooklyn Nets, NBA, NBA Signing Rumor, NBA Misc Rumor

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Jimmy Butler Postpones Meetings With Rival Teams After Getting Max Offer From Bulls

Jun 30, 2015 11:39 AM

Jimmy Butler has reportedly postponed meetings with rival teams after receiving a max qualifying offer from the Chicago Bulls.

Butler had planned on meeting with the Los Angeles Lakers, Boston Celtics, Philadelphia 76ers and Dallas Mavericks.

Butler can sign a five-year deal worth more than $90 million.

Butler is attempting to determine how many years to sign a new deal with the Bulls for as reports earlier surfaced that he preferred a short-term deal.

Chris Broussard/ESPN

Tags: Jimmy Butler, Boston Celtics, Chicago Bulls, Dallas Mavericks, Los Angeles Lakers, Philadelphia Sixers, NBA, NBA Signing Rumor, NBA Misc Rumor

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Bulls Give Jimmy Butler Max Qualifying Offer

Jun 29, 2015 5:26 PM

The Chicago Bulls have given Jimmy Butler both a maximum qualifying offer and a regular qualifying offer.

The maximum qualifying offer covers five seasons at a full max.

If Butler wants to become an unrestricted free agent in 2016, he will have to take the regular qualifying offer and forgo a long-term deal. Butler can also sign an offer sheet with a rival team, but it has to be at least a three-year deal without any options.

Eric Pincus/Basketball Insiders

Tags: Jimmy Butler, Chicago Bulls, Los Angeles Lakers, NBA, NBA Signing Rumor, NBA Misc Rumor

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Kirk Hinrich Decides To Pick Up $2.8M Player Option With Bulls

Jun 29, 2015 11:14 AM

Chicago Bulls guard Kirk Hinrich has exercised his player option worth $2.8 million to return next season, league sources told RealGM.

Hinrich, 34, has spent 10 of his 12 NBA seasons with the Bulls. He re-signed with the Bulls on a two-year contract last offseason.

In 66 games last season, Hinrich averaged 5.7 points, 2.2 assists and 1.8 rebounds while shooting 34.5 percent from three-point land. The Bulls have long valued Hinrich’s defense, ball handling and offensive structure.

Hinrich has averaged 11.4 points and five assists per game in his career.

Shams Charania/RealGM

Tags: Kirk Hinrich, Chicago Bulls, NBA, NBA Misc Rumor

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Caron Butler Expected To Field Interest From Bulls, Clippers, Spurs, Lakers, Knicks

Jun 28, 2015 4:07 PM

After his release from the Milwaukee Bucks before July 1, Caron Butler has emerged as a candidate for the Chicago Bulls, Los Angeles Clippers and San Antonio Spurs, a league source told RealGM.

The Lakers and New York Knicks also expect to make an inquiry on Butler, a 13-year NBA veteran who has averaged 14.3 points and 5.1 rebounds for his career.

Each of the contending teams -- Bulls, Clippers and Spurs -- interested in Butler will have a wing need this offseason, and the 35-year-old has either played for or considered each in the past.

Butler scored 5.9 points while shooting 37.9 percent from three-point range in 78 games last season with the Detroit Pistons.

The Bucks plan to waive Butler and Shawne Williams before their guarantee dates on June 30, barring an unexpected deal, sources told RealGM.

Butler has played for eight different teams over his 13 seasons.

Shams Charania/RealGM

Tags: Caron Butler, Chicago Bulls, Los Angeles Clippers, Los Angeles Lakers, New York Knicks, San Antonio Spurs, NBA, NBA Signing Rumor, NBA Misc Rumor

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Taj Gibson Undergoes Surgery On Left Ankle, Out Four Months

Jun 19, 2015 12:39 PM

Taj Gibson underwent an arthroscopy and repair of his left ankle on Tuesday, June 16. The surgery was performed by foot specialist Dr. David Porter in Indianapolis. Gibson’s surgery went as expected and he has begun the rehabilitation process. His estimated time to return to full basketball activity is approximately four months. 

The 29-year old Gibson recently completed his sixth season in the NBA, where he appeared in 62 games (17 starts) and posted 10.3 ppg on .502 shooting, 6.4 rpg, 1.21 bpg and 1.1 apg in 27.3 mpg.  He also played in all 12 of Chicago’s playoff games (two starts) and averaged 7.4 ppg, 5.5 rpg, 1.0 apg and 1.00 bpg in 23.0 mpg.

RealGM Staff Report

Tags: Taj Gibson, Chicago Bulls, NBA, NBA Injury

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Dunc'd On Basketball Pod: June 19th (Offseason Previews: Warriors, Bulls, Grizzlies)

Jun 19, 2015 2:12 AM

In Friday's episode, Nate Duncan (@NateDuncanNBA) and Daniel Leroux of RealGM (@DannyLeroux) recap the day’s NBA news and preview the offseason ahead for the Warriors, Bulls and Grizzlies.

Click here to listen or download

Subscribe on iTunes or via the XML feed.

RealGM Staff Report

Tags: Chicago Bulls, Golden State Warriors, Memphis Grizzlies, NBA, Dunc'd On

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Jimmy Butler Can't Sign Deal With 2017 Opt-Out If Bulls Give Him Max Qualifying Offer
If Jimmy Butler wants to become a free agent before 2018 and the Bulls give him the maximum qualifying offer, he would have to take the regular qualifying offer and risk the long-term security and then become an unrestricted free agent in 2016.

Christopher Reina/RealGM

Jimmy Butler To Pursue Short-Term Offer Sheet
A four-year, $48 million offer from the Bulls would have gotten a deal done with Jimmy Butler in October.

Adrian Wojnarowski/Yahoo! Sports

Adrian Griffin Could Leave Bulls To Join Magic Coaching Staff
Adrian Griffin coached under Scott Skiles with the Bucks.

Marc Stein/ESPN

Jim Boylen Accepts Job As Associate Head Coach Of Bulls
Jim Boylen has accepted a job to join Fred Hoiberg with the Bulls.

Adrian Wojnarowski/Yahoo! Sports

Bulls Pursuing Jim Boylen To Become Hoiberg's Top Assistant
Fred Hoiberg is pursuing Jim Boylen to join him with the Bulls as his top assistant coach.

Adrian Wojnarowski/Yahoo! Sports

Ron Adams Pushed For Bulls To Select Draymond Over Marquis Teague In 2012
Ron Adams pushed for the Bulls to draft Draymond Green in the 2012 NBA Draft when he was Tom Thibodeau's lead assistant.

Zach Lowe/Grantland

Tom Thibodeau: I Have No Regrets, Proud Of What Bulls Did
Tom Thibodeau preferred to let his record speak for itself rather than engaging in verbal warfare when speaking publicly for the first time since being fired by the Bulls.

K.C. Johnson/Chicago Tribune

Fred Hoiberg Expects To Run Fast Paced Offense With Bulls
The Bulls believe Fred Hoiberg's pro-style offense will pay immediate dividends.

Nick Friedell/ESPN

Fred Hoiberg, Bulls Agree Upon Five-Year, $25M Deal
Fred Hoiberg replaces Tom Thibodeau as head coach.

Adrian Wojnarowski/Yahoo! Sports

Jeff Van Gundy: Bulls' Firing Of Tom Thibodeau Showed Lack Of Class
Jeff Van Gundy responded to the firing of Tom Thibodeau during a Monday conference call previewing The Finals.

Ben Golliver/Sports Illustrated

Source: Bulls, Fred Hoiberg Believed To Agree On Five-Year, $25M Deal
The Bulls and Fred Hoiberg reportedly already have a deal in place, according to a source.

Frank Isola/New York Daily News

Bulls Confident Fred Hoiberg Will Become Next Head Coach
Fred Hoiberg played for the Bulls for four of his 10 NBA seasons and is a close friend of Gar Forman.

Nick Friedell/ESPN

Bulls Have Understanding Fred Hoiberg Will Accept Job
The Bulls moved forward with firing Tom Thibodeau this week as it became clear they had an understanding with Fred Hoiberg that he would accept the job.

Adrian Wojnarowski/Yahoo! Sports

Bulls Fire Tom Thibodeau
Tom Thibodeau was hired as head coach in 2010.

RealGM Staff Report

Some Bulls' Players Didn't Endorse Retaining Tom Thibodeau
The Bulls are expected to resolve the future of Tom Thibodeau by Friday with his dismissal likely unless Jerry Reinsdorf unexpectedly intervenes at the last minute.

K.C. Johnson/Chicago Tribune

Bulls, Pelicans Emerge With Interest In Royce White
Royce White has worked out in Minneapolis this season, and recently had a workout with the Clippers, a source told RealGM's Shams Charania.

Shams Charania/RealGM

Bulls Seriously Considering Firing Tom Thibodeau
The Bulls are giving serious consideration to firing Tom Thibodeau and absorbing the financial hit, according to sources.

Marc Stein/ESPN

Source: Bulls Tried To Have Tom Thibodeau Hire Doug Collins As Assistant Coach
The Bulls' front office reportedly attempted to have Tom Thibodeau hire an offensive-minded assistant coach.

Joe Cowley/Chicago Sun-Times

Tom Thibodeau's Contract With Bulls Contains Offset Language
Jerry Reinsdorf was reportedly extremely upset with Tom Thibodeau after Jeff Van Gundy criticized the organization during a January broadcast on ESPN.

K.C. Johnson/Chicago Tribune

Bulls Waiting For Coaching Vacancies To Fill Before Firing Tom Thibodeau
The Bulls have been waiting for a team to offer a draft pick to hire Tom Thibodeau, but no such offer has materialized.

Adrian Wojnarowski/Yahoo! Sports

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