Dwyane Wade has yet to formally make a decision on his $23.8 million player option with the Chicago Bulls for the 17-18 season.

Wade is unlikely to command that type of salary on the open market this offseason.

"All I can tell you is most everyone associated with the Bulls believes Wade will pick up the option and remain in Chicago for a second season," wrote K.C. Johnson. "More surprising things have happened in league history, though. So stay tuned."

Wade has an inconsistent first season with the Bulls, as did the team as a whole.

Rajon Rondo believes the Chicago Bulls would have kept defeating the Boston Celtics in the playoffs if he hadn't broken his thumb.

"Honestly, yeah," Rondo said when asked if the Bulls would have swept the Celtics.

"It was very frustrating, especially the way we were clicking at the time," Rondo said. "We had a good chemistry going and I thought we were some making great adjustments in Games 1 and 2."

The Bulls struggled to manufacture efficient offense once Rondo was hurt.

The Chicago Bulls "are not looking to trade Jimmy Butler" even though the franchise hasn't defined their direction yet, according to John Paxson in an interview.

The Bulls would like to pair Butler with a downhill point guard.

Butler is a ball dominant wing, which has made him an awkward fit at times for the style Fred Hoiberg would prefer to play despite his status as one of the game's best players.

Chicago received trade interest in Butler at this year's deadline and last year's draft.

The Chicago Bulls will likely pick up their $13.4 million option on the contract of Rajon Rondo this offseason.

Rondo appeared to have no future with the Bulls during the middle of the season but he proved to be invaluable over the final stretch of the regular season and the first two games of the playoffs.

"There's a really good chance that we bring Rajon back and for these reasons: As we get younger, it's still really important to have quality veterans around your young players," said John Paxson. "To a man, our young people loved Rajon. He was great in the locker room. He was great off the court with these guys. He took them under his wing in a lot of ways, and he was responsible for a lot of the good things that came from them. We have a lot of respect for Rajon, especially how he believes in the game. He used to drag guys into the weight room, and he held them accountable in a lot of ways. We really take a lot from him, and we're looking forward to sitting down with him this week."

John Paxson and Gar Forman held a 40 minute press conference on Wednesday in which they talked about how the Chicago Bulls are unlikely to make drastic changes this offseason.

One major move is out of their control with Dwyane Wade holding a player option.

“Like I said, Dwyane has an option and we’re going to sit down with him and talk to him about all of this as well,’’ Paxson said. “The thing with Jimmy (Butler) is all of us would love to go out and get another a superstar player to go along with him, but right now the situation we’re in with the salaries we have, that type of thing, that’s a difficult thing for us to manage.’’

Butler will meet with Paxson to discuss the direction of the team. The front office appears committed to doing damage control on that relationship.

“I respect very much Jimmy Butler’s professionalism and how he goes about his job,’’ Paxson said. “I think the one thing we will do is continue to communicate with him. Like I said earlier, we’re going to sit down and talk to him. We can say anything to him, he can say anything to us. He can ask any questions he wants and we’ll be honest with him. Look, that’s the responsibility for us to do. He’s our best player.’’

The Bulls will also retain Fred Hoiberg as head coach.

The Chicago Bulls will retain John Paxson, Gar Forman and Fred Hoiberg, but there could be some structural changes.

According to Marc Stein, Paxson could have more of a direct role in the day-to-day running of the team. Paxson took a step back in 2009 when Forman became general manager.

Jim Paxson could also have an increased role or voice.

The Reinsdorfs are expected to seek a front office environment in which more voices are heard. The Bulls have had one of the NBA's leanest front offices. 

Forman's voice and vision have prevailed in recent moves, including the hiring of Hoiberg and retaining Pau Gasol at the 2016 trade deadline.