Posts Tagged ‘contract extension’

Bulls’ Butler a high-volatility stock


VIDEO: Butler plays preseason hero against Hawks

Asterisks abounded Thursday night, when Jimmy Butler went vintage-Derrick Rose – or one-off-Michael Jordan – down the stretch against the Atlanta Hawks.

* Chicago coach Tom Thibodeau had starters, including Butler, on the floor late in the Bulls’ mostly dismal performance.

* His Atlanta counterpart, Mike Budenholzer, was rolling with third-string Hawks.

* Rose, the Bulls player who would normally be called upon at such a point, was on the bench (prompting some predictable hand-wringing from critics who aren’t happy when the point guard plays a lot or when he plays a little).

* It still was the preseason.

* And Butler is in the midst of a salary drive, his performances this month potentially out of character, with the real impact of deal-or-no-deal in his contract extension talks to be determined later.

Still, the Bulls shooting guard did score 29 points – one more than his career high in three NBA seasons – in his team’s scramble back from 21 points to win. Butler got 20 of those in the final 5:11, an explosive stretch that might have been aided by the various asterisks but explosive nonetheless.

He did it, too, in ways that made the worriers feel a little better about Butler’s offense – no one questions his defensive effort or effectiveness – at a position where Chicago needs more oomph. Butler, who shot 39.7 percent from the floor (28.3 percent on 3-pointers), dramatically beat the buzzer from 26 feet in good form. He wound up shooting 8-for-14 and 12-for-16 from the line (9-for-11 in the fourth), and got some big love from teammates.

“We always tell him to take more [shots], but it’s going to be up to him to break that seal,” Rose said. “Thank God that he’s catching his rhythm right now and he’s building his confidence. He’s another threat offensively.”

Not last year, he wasn’t. But Thibodeau played Butler long minutes anyway, for his defense, out of need and in spite of distractions coming at the wing player from Marquette. Butler battled injuries early, played only eight games with Rose before the point guard went down again, then had his role tweaked after the Bulls traded veteran small forward Luol Deng in January.

“Jimmy has grown,” Thibodeau said Thursday night. “He’s more a scorer than to characterize him as a straight shooter. He’s an all-around scorer. He’ll find ways to put the ball in the basket.”

Butler, though you’d wonder where it came from, is said to have arrived at camp 10 pounds lighter. He looks more athletic and clearly has been more aggressive, leading Chicago after five October games with 18.6 points, 60.4 field-goal shooting, 43 free throw attempts and 144 total minutes.

“All summer I worked on my game. The biggest thing is confidence, taking shots I know I can make,” he said.

So, salary drive? Butler has two weeks left to land, per NBA rookie-scale rules, the contract extension available to players heading into their fourth seasons. Two years ago, Bulls forward Taj Gibson felt preseason pressure while his talks played out, and though he got his deal (four years, $33 million), the episode seemed to bleed into a subpar season. Butler has some folks wondering if he might go the other way if he gets paid – throttling back – or be adversely affected if he doesn’t get the extension done.

He said Thursday it hasn’t been a distraction. “Nope. Not at all,” Butler said. “I just try to play the game the right way. The whole contract situation is up to my agent (Happy Walters) and the Bulls organization. I just want to win games. Then the contract will take care of itself, whenever.”

And however much. The market for Butler figures to be as hot as it is fluid. Chicago reportedly would like to sign him now for what’s becoming called “Taj money,” close to Gibson’s 2012 extension. Butler might be anchored more by the three-year, $30 million, take-it-or-leave-it offer the Bulls put in front of Deng before trading him.

Then there’s the unpredictable marketplace of free agency, even with restrictions, should Butler get that far. Gordon Hayward landed his four-year, $63 million max deal that way – offer sheet from Charlotte, matched by Utah – and Chandler Parsons scored a three-year, $46 million contract with Dallas. And if Butler, who will make $2 million this season, were to play this out twice on a year-by-year basis, he would hit the unrestricted marked in 2016 as the new bonanza of TV rights cash officially kicks in.

Bulls VP of basketball John Paxson and GM Gar Forman, who will already have $50 million committed to four players next season (Rose, Gibson, Joakim Noah, Pau Gasol), won’t have Thibodeau at the bargaining table, that’s for sure. The coach who has leaned hard on Butler for two years will look to him even more.

Chicago added shooters over the summer but after Rose, Butler is the best choice to put real pressure on opponents, getting to the rim, getting to the line, throwing himself around to wreak havoc and create energy on nights when there’s none, like Thursday. With Deng’s departure, he is the defender who will draw the toughest assignments, the only one Thibodeau trusts to check other guys’ most potent scorers.

Butler was drafted last in the first round in 2011 and still sounds like an absolute underdog. “I’m from Tomball, [Texas],” he said earlier this week. “I’m not even supposed to be in the NBA, let alone be a star player. I just want to be wanted. I just want to play hard. I just want to help [us] win. End of story. Star player, role player, bench player, whatever it takes. Just let me win.”

Oh, Butler definitely is going to win, either with the Bulls or someone else. In this case, the victory will be noted not by a ‘W’ or an * but by a bunch of $’s.

Kobe Signs Two-Year Extension




VIDEO: Kobe Bryant talks to Rick Fox about all things Lakers

HANG TIME HEADQUARTERS – Whatever the Los Angeles Lakers’ future plans are, they included Kobe Bryant front and center. The longtime Lakers’ star signed a two-year contract extension Monday, making sure the face of the franchise for most of the past two decades remains the same.

The business became official earlier this morning in Los Angeles, when Bryant signed the extension, worth a reported $48 million (per ESPN’s Chris Broussard) at Lakers headquarters.

ESPNLosAngeles.com’s Ramona Shelbourne has more on Kobe’s new deal:

The Lakers did not announce financial terms, but a source told ESPNLosAngeles.com’s Ramona Shelburne that the deal is worth $48.5 million.

Bryant will remain the NBA’s highest-paid player over the course of the extension, the source told Shelburne. The former league MVP will receive $23.5 million in the first year and $25 million in the second year of the extension, according to the source.

Bryant, who is recovering from a torn Achilles tendon, will make over $30.4 million this season, the final year of his current contract with the Lakers.

Bryant is back on the practice court, but the Lakers are still awaiting word on when he will be able to return to action. He missed the end of last season and the start of this one with a torn Achilles, plus the rehabilitation and recovery process needed after his April surgery to repair the Achilles.

“This is a very happy day for Lakers fans and for the Lakers organization,” Lakers GM Mitch Kupchak said in a statement released by the team. “We’ve said all along that our priority and hope was to have Kobe finish his career as a Laker, and this should ensure that happens. To play 20 years in the NBA, and to do so with the same team, is unprecedented, and quite an accomplishment. Most importantly however, it assures us that one of the best players in the world will remain a Laker, bringing us excellent play and excitement for years to come.”

That ends any speculation about the Lakers’ offseason plans, now that Kobe is in the fold for at least two more seasons. With a robust crop of potential free agents expected to populate the market in the summer of 2014 (most notably New York Knicks forward Carmelo Anthony). With a healthy Kobe as their lead recruiter, the Lakers figure to be a major player in those sweepstakes.

Now that the extension business is done, we can all get back to Kobe Watch 2013-14 … he’s already been ruled out of Tuesday night’s game against Washington. But there’s always Wednesday’s game in Brooklyn to use as the next target date.

No Deal For Deng Means Drama For Bulls

Regardless of how well the players and the coaches fended off the distraction of it, the Chicago Bulls’ 2012-13 season was preoccupied, overshadowed and generally beholden to one question: “Is Derrick back?”

Odds are good, as of Tuesday, that 2013-14 will be colored by a variation on that query, as in: “Is Deng gone?”

With reports that talks of a contract extension between Luol Deng and the Bulls have broken off [CSNChicago.com], followed up by agent Herb Rudoy‘s quote that the All-Star forward “will definitely go through” free agency next summer [Chicago Tribune], a team that grappled with considerable unknowns last season assured itself of a fat one for this year. What it means to the depth and cohesiveness of the Bulls as they try to chase down the Miami Heat and a couple other improving Eastern Conference contenders remains to be seen. But it adds drama where there might have been none.

Derrick Rose, obviously, is the fulcrum on which this season tilts; if he can return from extended rehab (since April 2012) to his status as one of the NBA’s most explosive, elusive players, Chicago looks equipped to challenge the Heat and jockey with Indiana and Brooklyn for East surpremacy.

But Deng has been the Bulls’ glue and constant for the past three seasons, at least. From coach Tom Thibodeau‘s arrival through Rose’s major absence (and lesser ones), the 6-foot-8 forward has been a two-time All-Star and two-way player, coping with and often playing in spite of his own less-spectacular injuries. Deng has been Thibodeau’s go-to guy in you-name-it situations, and it took a rather serious scare last spring – he developed a serious infection after undergoing a spinal tap during the first-round series vs. the Nets – to sit him down for good.

Still just 28 after nine NBA seasons, Deng has been taken for granted by Bulls fans who remember the contract haggles that he and teammate Ben Gordon went through in 2007 and 2008. Deng finally landed his six-year, $71 million deal while Gordon left to seek his fortune (five years, $58 million) in free agency, yet the climate at United Center often seems almost as chilly toward the former as the latter.

As a performer and a teammate, as a workhorse who soaks up innings (Deng has averaged 39.1 minutes the past three seasons, leading the NBA over the past two), the man from the South Sudan has been terrific. His biggest failing? Probably his timing.

Deng’s current contract, signed in 2008, will pay him $14.2 million this season, a big number under the current CBA. He’s coming off what for the Bulls, for all its pluckiness, largely was a lost season, given Rose’s absence. And his own health issue late flipped more opportunity to Jimmy Butler, who emerged over the second half as a potential Deng replacement.

Some might argue that Chicago isn’t even all-in on 2013-14, despite Rose’s need for consistency around him as much as added talent. The Carlos Boozer countdown will be busy, with the veteran power forward headed to the amnesty pile next offseason and with Nikola Mirotic stashed overseas like some new-millennium Toni Kukoc. Rose could be rusty, Boozer and Joakim Noah might be due for  breakdowns, the roster still needs another big and Deng is facing the equivalent of a qualifying year. With the exception that he could be dealt by the Feb. 20 trade deadline.

Deng feels he has earned, and will keep earning, another big contract. But with Rose, Noah and Taj Gibson on the books for more than $39 million in 2014-15 and chairman Jerry Reinsorf having to shell out another $16.8 million for Boozer whether he’s on the books or not, the Bulls either will be looking for a hometown discount from Deng or will have moved on to Butler entirely. Meanwhile, Deng will have options, with teams both ambitious and rebuilding, eager to land a solid player, leader and citizen.

This all will be played out over 82 games, many of which Deng probably will play hurt again, will get left on the court too long or will be sent back in by Thibodeau to nail down the outcome. The mileage on his odometer will spike and, this time, it will be dinging a market value in which the Bulls will have no future stake.

It all might set a good team guy like Deng to wondering why one player can get treated as gingerly as the Stanley Cup while others get used as if they’re Dixie.