<![CDATA[Bulls Free Agency – NBC Sports Chicago]]> https://www.nbcsportschicago.com/nba/chicago-bulls/bulls-free-agency/ Copyright 2023 https://media.nbcsportschicago.com/2023/04/NBCChicago-black-xfinity.png?fit=518%2C134&quality=85&strip=all NBC Sports Chicago https://www.nbcsportschicago.com en_US Tue, 12 Dec 2023 12:57:02 -0600 Tue, 12 Dec 2023 12:57:02 -0600 NBC Owned Television Stations Bulls make Ayo Dosunmu's new 3-year contract official https://www.nbcsportschicago.com/nba/chicago-bulls/bulls-news/bulls-make-ayo-dosunmus-new-3-year-contract-official/496705/ 496705 post https://media.nbcsportschicago.com/2023/05/Ayo-Dosunmu-Bulls-Starting-PG-USAT.jpg?quality=85&strip=all&fit=300,169 After it was reported that Chicago Bulls guard Ayo Dosunmu had agreed to a three-year pact with the team last week, the team confirmed the news on Sunday.

Dosunmu’s deal will be worth $21 million, according to previous reporting from ESPN.com’s Adrian Wojnarowski. NBC Sports Chicago Insider K.C. Johnson confirmed the agreement on Friday.

The new contract caps off a trio of offseason decisions by the Bulls to bring back Nikola Vucevic, Coby White and Dosunmu, all of whom were eligible for unrestricted or restricted free agency.

The Bulls drafted Dosunmu out of the University of Illinois in the second round of the 2021 NBA Draft, and he averaged 8.6 points and 2.8 rebounds per game in the 2022-23 season.

Johnson projects that Dosunmu could be the fifth guard on the Bulls’ roster behind Zach LaVine, Alex Caruso, White and Jevon Carter, but praised his tenacity and his competitive nature in a piece detailing the thought-process behind the extension.

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Sun, Jul 23 2023 10:13:13 AM
Bulls officially sign free agent forward Torrey Craig https://www.nbcsportschicago.com/nba/chicago-bulls/bulls-officially-sign-free-agent-forward-torrey-craig/495491/ 495491 post https://media.nbcsportschicago.com/2023/07/Untitled-1-1.png?fit=300,169&quality=85&strip=all The Bulls finally made their signing of three-and-D forward Torrey Craig official on Sunday. The signing was first reported by Adrian Wojnarowski, then confirmed by NBC Sports Chicago earlier this month.

Craig started 60 games last season for the Suns and appeared in 79 in all. He averaged 7.4 points, 5.4 rebounds, 1.5 assists and 0.8 blocks per game on an average of 24.7 minutes. All of those marks were career highs.

More importantly, Craig shot a career-best .395 from three-point range and made 100 three-pointers. Consistent three-point shooting was something the Bulls lacked last season. Further, Craig is known as a shutdown defender. New teammate DeMar DeRozan went as far as to say Craig is one of the “top two players in the league that defends me the best,” on a recent episode of JJ Reddick’s “The Old Man and The Three” podcast.

Craig is a six-year NBA vet with previous stops with the Nuggets, Bucks, Pacers and Suns. He’s a career .456 shooter with a .347 hit rate from beyond the arc.

Click here to follow the Bulls Talk Podcast.

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Sun, Jul 16 2023 11:31:29 AM
Artūras Karnišovas addresses Bulls' additions Jevon Carter, Torrey Craig https://www.nbcsportschicago.com/nba/chicago-bulls/arturas-karnisovas-addresses-bulls-free-agent-additions-jevon-carter-torrey-craig/494847/ 494847 post https://media.nbcsportschicago.com/2023/06/GettyImages-1484485455.jpg?quality=85&strip=all&fit=300,200

Presented by Nationwide Insurance Agent Jeff Vukovich

Chicago Bulls executive vice president Artūras Karnišovas made the media rounds Tuesday, first appearing on SiriusXM NBA Radio and then the ESPN2 broadcast of his team’s NBA Summer League contest with the Sacramento Kings.

Karnišovas addressed for the first time the free-agency additions of Jevon Carter and Torrey Craig, the latter whose signing has yet to be officially announced by the team. Karnišovas did so in the context of expecting for Lonzo Ball to miss his second straight season following yet another knee surgery.

“Unfortunately, we’re going to miss ‘Zo,” Karnišovas said on ESPN2. “He’s the player that pushes the ball, pushes the tempo, gives you 3-point shooting. So we tried to address this this offseason. And I think we got toughness, some shooting and some guys who play with energy and a motor.”

Joking that Carter is “going to fit in well” because he’s a local product, Karnišovas also traveled his well-worn path of continuity, acknowledging that re-signing Nikola Vucevic to team with Zach LaVine and DeMar DeRozan remains the core, along with Alex Caruso, Patrick Williams and the re-signed Coby White.

“We just tried to add to that group,” Karnišovas said on ESPN2. “I think the parity in the league is obvious. We lost a lot of close games last year. So we added a couple guys and hopefully the parity in the league will help us compete in every game.

“We proved last year—our record after the All-Star game was 14-9—that we had a very good record against good teams last year. We just needed to be more consistent. In Chicago, we always want every game to be a tough out. We’re bringing those kinds of guys. . . . We added a couple guys who can defend and play with a high energy and motor.”

The ESPN2 interview was noteworthy for the fact Karnišovas spoke to his college coach at Seton Hall, P.J. Carlesimo, who served as analyst for the game. The two remain quite close.

In other summer league news, Justin Lewis will miss the remainder of action following his left ankle injury. It’s the latest setback for the two-way contract signee, who missed all of last season following an ACL injury and surgery.

Click here to follow the Bulls Talk Podcast.

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Tue, Jul 11 2023 10:18:24 PM
DeRozan calls Torrey Craig his top-two defender in the NBA https://www.nbcsportschicago.com/nba/chicago-bulls/bulls-news/derozan-calls-torrey-craig-his-top-two-defender-in-the-nba/493845/ 493845 post https://media.nbcsportschicago.com/2023/07/Untitled-1-1.png?fit=300,169&quality=85&strip=all DeMar DeRozan gave the Bulls’ newest free agent signing a five-star review.

In September 2022, DeRozan went on JJ Reddick’s podcast and made a bold statement about Torrey Craig’s game.

“I give him top two players in the league that defends me the best,” DeRozan said on “The Old Man and The Three.”

DeRozan was narrating the sequence leading up to his one-legged buzzer beater on New Year’s Eve against the Pacers in 2021 — the one he hit in Craig’s face from well beyond the arc.

“In my mind, I’m like, ‘I’m not gonna make it to the rim with how tired I am if I try to shoot a fadeaway off two feet,'” DeRozan said. “And the way [Craig] was contesting me all night, he was gonna block it. So in my mind, I crossed, and I know he’s not gonna expect me to shoot off one leg. And I went off one leg just to be able to get the shot off because if I shot a fadeaway off two feet, he would have blocked it. No question he would have blocked it.”

The Bulls signed the 6-foot-7 forward to a two-year contact last week to address their need for 3-point shooting. Craig’s 39.5% from 3-point range last season coupled with an ability to guard multiple positions made him a fit for whatever roster Artūras Karnišovas’s is trying to build this offseason.

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Thu, Jul 06 2023 12:31:29 AM
Bulls latest free-agent signing points to getting with NBA times https://www.nbcsportschicago.com/nba/chicago-bulls/bulls-latest-free-agent-signing-points-to-getting-with-nba-times/493539/ 493539 post https://media.nbcsportschicago.com/2023/05/app-201218-billy-donovan.jpg?quality=85&strip=all&fit=300,169

Presented by Nationwide Insurance Agent Jeff Vukovich

Too many games last season, the Chicago Bulls had a math problem.

Simply put, they’d make almost as many field goals as their opponent in a game, only to be buried by the disparity in 3-pointers—and not just made ones. The Bulls ranked 30th in the NBA last season as the only team not to attempt at least 30 3-pointers in a game.

Enter Torrey Craig, whom sources confirmed has verbally agreed to a two-year deal that contains a player option. He joins Jevon Carter as the Bulls’ first two forays into this offseason’s free agency.

While both players are willing and able defenders, it’s their willingness to let it fly from 3-point range that underscores the main reasons for their signings. Craig is coming off a career-high 39.5 percent from 3-point range over 79 games for the Phoenix Suns. Carter shot a stellar 42.1 percent in 81 games last season for the Milwaukee Bucks.

More importantly, Craig attempted 3.2 attempts per game, while Carter took 4.2 per game. Add in Coby White, whom the Bulls re-signed in restricted free agency, and perhaps management’s goal of addressing this math problem is on its way to fruition.

“We’re trying to change our shooting profile,” Artūras Karnišovas said on NBA Draft night. “Being last in the league in rate from 3 and 3-point makes, we’re going to try to address that in the offseason.”

The Bulls started this philsophical process by hiring former DePaul star and well-regarded shooting coach Peter Patton as their director of player development. Now, they’re spending money in free agency to add solid defenders and 3-point shooters to help with floor spacing.

Too often last season, opponents sent double teams at Zach LaVine and DeMar DeRozan with only White and, at times, Patrick Williams, to make them pay for it. Now, at least in theory, the Bulls have more weapons from beyond the arc.

Craig, 32, is a 6-foot-7-inch forward who can play either position and guard up to three positions. He fits the versatile defender that Karnišovas favors.

But it’s his floor spacing where he could make his biggest mark. Williams led the Bulls last season by shooting 41.5 percent from 3-point range. Carter’s percentage would’ve led the Bulls, while Craig’s percentage would’ve ranked third.

LaVine remains the Bulls’ most potent threat from beyond the arc. But he now has company. And the Bulls’ free-agency pursuits directly targeted this need, which only can help Billy Donovan and his coaching staff’s offense.

The Bulls are up to 12 guaranteed contracts, with a qualifying offer pending for restricted free agent Ayo Dosunmu. That gives the Bulls the right to match any offer for Dosunmu or also potentially engineer a sign-and-trade transaction.

Craig’s addition also helps balance out a guard-heavy roster.

Click here to follow the Bulls Talk Podcast.

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Mon, Jul 03 2023 03:15:55 PM
NBA free agency: Bulls sign Torrey Craig to 2-year deal https://www.nbcsportschicago.com/nba/chicago-bulls/bulls-free-agency/nba-free-agency-bulls-reportedly-sign-torrey-craig-to-2-year-deal/493514/ 493514 post https://media.nbcsportschicago.com/2023/06/Torrey-Craig-Getty-Images-1.jpg?quality=85&strip=all&fit=300,169 The Chicago Bulls have made another move in free agency, signing former Phoenix Suns forward Torrey Craig to a two-year contract. A league source confirmed the news, which was first reported by ESPN’s Adrian Wojnarowski, to NBC Sports Chicago.

Craig started 60 games last season for the Suns and appeared in 79 in all. He averaged 7.4 points and 5.4 rebounds per game, both of which were career highs. He also had nearly a block per game and 1.5 assists per contest.

The Bulls needed to add good 3-point shooters, and Craig certainly qualifies, having made 40% of his shots from beyond the arc last season.

He is also a standout defender, giving the Bulls some much-needed skill in their forward group for the 2023-24 season.

Click here to follow the Bulls Talk Podcast.

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Mon, Jul 03 2023 01:24:23 PM
Patrick Beverley headed to 76ers after short Bulls' stint https://www.nbcsportschicago.com/nba/chicago-bulls/bulls-news/patrick-beverley-headed-to-76ers-after-short-bulls-stint/493132/ 493132 post https://media.nbcsportschicago.com/2023/07/Patrick-Beverley-Getty-Images.jpg?quality=85&strip=all&fit=300,169

Presented by Nationwide Insurance Agent Jeff Vukovich

Patrick Beverley openly talked about how much playing for his hometown Chicago Bulls meant to him.

But when the Bulls received a verbal commitment from Jevon Carter in the opening hours of NBA free agency Friday night, it was clear that management had chosen a different path.

Beverley, who attended Marshall High and proved instrumental in the Bulls’ strong 14-9 finish to last season, announced via his podcast’s Twitter account that he plans to sign with the Philadelphia 76ers. The one-year deal is for the league minimum, according to Chris Haynes of TNT and Bleacher Report.

The Bulls had held informal discussions about retaining Beverley at a similar price but instead moved quickly to secure Carter with a three-year, $20 million deal. They also extended Ayo Dosunmu a $5.2 million qualifying offer, making that local product a restricted free agent for now.

Beverley, who turns 35 this month, averaged 5.8 points, 4.9 rebounds and 3.5 assists in 22 starts for the Bulls after arriving via the buyout market. Coach Billy Donovan immediately thrust Beverley into the starting lineup over Dosunmu, and Beverley quickly earned the respect of the locker room with his direct but inclusive leadership style.

Beverley had held two previous flirtations with the Bulls, including when he was first trying to break into the NBA. When he finally landed with his hometown team, he offered eloquence on what it meant to him.

“Obviously, you’re stuck trying to win games. But I want to embrace this because it’s a kid’s dream come true,” Beverley said in February. “A kid from Chicago, playing for your hometown, winning games, making a playoff push. It’s all you dream about.”

Born in 1988, Marshall grew up on the city’s west side with fond memories of the Bulls’ dynasty. They include watching games with his grandfather, Rheese Morris, who passed away in 2017. Beverley mourned his passing in memorably powerful fashion after helping the Houston Rockets to a playoff victory over the San Antonio Spurs.

“We couldn’t really afford tickets. So my memory was, like, Grandma’s porch. The playoffs were always the summertime so the weather had changed a lot more. You got the TV right there on the porch,” Beverley said. “My granddad—rest in peace, his good soul—he wore a Chicago Bulls jersey every single day. Every single day. Until I got my jersey in the NBA, he wore a Michael Jordan jersey every single day.

“So just to have that makeup, my neighborhood was a neighborhood full of basketball players. So the Bulls winning, they were winning so much it became natural. ‘What we gonna do this championship?’”

Click here to follow the Bulls Talk Podcast.

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Sat, Jul 01 2023 02:08:31 PM
Grading Day 1 of Bulls' NBA free agency https://www.nbcsportschicago.com/nba/chicago-bulls/grading-day-1-of-bulls-nba-free-agency/493007/ 493007 post https://media.nbcsportschicago.com/2021/03/app-201121-arturas-karnisovas-beard.jpg?quality=85&strip=all&fit=300,169

Presented by Nationwide Insurance Agent Jeff Vukovich

First, the Chicago Bulls retained Coby White, the one who sank 128 of 344 3-point attempts last season, good for 37.2 percent.

Then, the Bulls added Proviso West product Jevon Carter, the guard who made 142 of 377 3-point attempts last season. That’s a tidy 42.1 percent.

The roster isn’t finalized after the first day of NBA free agency. But for a team intent on improving its shooting, management got off to a good start.

Depending on the status of Ayo Dosunmu’s qualifying offer and pending restricted free agency, the Bulls are at 11 or 12 guaranteed contracts. They still need to add size—-unless they want to grind Alex Caruso, who suddenly is apparently a full-time power forward, into dust—and perhaps another shooter.

But Carter’s pending addition will do nothing to hurt a top-five defense—he’s strong at the point of attack, particularly with screen navigation—while adding shooting.

For all the offseason emphasis on addressing shooting, management and the coaching staff haven’t forgotten about defense. In fact, league sources said preliminary talks on a Caruso-for-Tyus Jones trade last season didn’t advance before the Memphis Grizzlies traded Jones to Washington in the three-team deal that netted the Celtics Kristaps Porzingis.

One can see Carter and Caruso trying to replicate the point-of-attack defense that turns into offense that the Bulls briefly had when Lonzo Ball was healthy. Sources said the Bulls haven’t ruled out applying for a disabled player exception at some point for Ball, whom executive vice president Artūras Karnišovas said isn’t expected to play this season.

So it’s possible they could add a roughly $10 million exception to their roster planning at an unknown time, although, with Carter’s imminent signing, they are hard-capped at $172 million.

Could they get creative with a sign-and-trade for Grant Williams? He’d be an ideal addition. But if the Caruso-for-Jones talks were a non-starter, finding the right assets to appease Boston could prove difficult.

It’s possible—again, depending on Dosunmu’s status—the Bulls round out the roster with minimum exceptions. Depending on who those might be, that would essentially mean management swapped out Patrick Beverley for Carter for a 40-42 team that didn’t exit the play-in.

That would certainly mean there are internal expectations for another jump from White, not to mention Patrick Williams and even Dalen Terry. But they’re not the stars. Zach LaVine, DeMar DeRozan and Nikola Vucevic are.

While trade rumors never seem to leave LaVine, the Bulls’ asking price always has been and remains high. NBC Sports Chicago reported in February that the New York Knicks never were a serious suitor and reported on NBA Draft night that they aren’t considered one moving forward over injury history and contract size concerns.

It’s certainly trending towards giving this core one more shot. Perhaps a pivot would be more seriously considered at next February’s trade deadline if the season hasn’t borne fruit by then.

Those decisions are down the road for now. Free agency is just getting started. By landing Carter, the Bulls are on the board—with more work to be done.

Click here to follow the Bulls Talk Podcast.

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Fri, Jun 30 2023 08:32:46 PM
9 potential Bulls' targets in NBA free agency https://www.nbcsportschicago.com/nba/chicago-bulls/9-potential-bulls-targets-in-nba-free-agency/492650/ 492650 post https://media.nbcsportschicago.com/2023/05/usa-seth-curry.jpg?quality=85&strip=all&fit=300,169

Presented by Nationwide Insurance Agent Jeff Vukovich

When NBA free agency begins Friday evening, the Chicago Bulls will have the opportunity to upgrade their shooting.

Local product—and onetime Bull—Max Strus is widely expected to now command upwards of the non-taxpayer mid-level salary-cap exception after his strong season for the Miami Heat. Donte DiVincenzo also could command enough interest to drive his price tag past the midlevel, although the Bulls are expected to show interest. Other realistic targets remain.

Here are nine intriguing players to monitor as the Bulls seek to improve their perimeter shooting. Some of these candidates would be redundant if the Bulls re-sign all of Coby White, Ayo Dosunmu and Patrick Beverley, which is a possibility.

Jevon Carter

The Proviso East product declined his player option, although a return to the Milwaukee Bucks isn’t out of the question. He’s a career 39.7 percent 3-point shooter who connected at 42.1 percent while attempting a career-high 4.2 attempts over 81 games last season. Making his services even more attractive is the fact he’s a tough-minded guard who is adept defensively and can initiate some offense.

Torrey Craig

Though he isn’t a knockdown shooter, he has shot 34.7 percent from 3-point range and is coming off a career-best 39.5 percent over 79 games with the Phoenix Suns. He’s a rugged defender who also has developed a reputation as a great teammate, which is why the Suns will be in the mix to re-sign him. Craig started a career-high 60 games last season but has come off the bench more frequently in his six NBA seasons.

Seth Curry

The nine-year veteran has shot 43.5 percent from 3-point range on 4.3 attempts during his nomadic career. While he’d be a target for opponents defensively, he’s an elite floor spacer who is comfortable starting or coming off the bench.

Joe Ingles

The longtime marksman returned from an ACL tear to shoot 40.9 percent from 3-point range over 46 games with the Milwaukee Bucks. That’s a percentage point above his career mark of 40.8 percent over nine seasons, the first eight of which he spent in Utah. While he’s mostly considered a specialist at this stage of his career, he’s an elite floor spacer who has averaged 4.4 attempts in 636 career games.

Cory Joseph

This veteran guard has worked himself into being a dependable 3-point shooter, connecting at 38.9 and 41.4 percent over his last two seasons with the Detroit Pistons while increasing his attempts. He’s also a solid lead guard who holds his own defensively.

Damion Lee

Despite shooting 25 percent from 3-point range during his rookie season with the Atlanta Hawks in 2017-18, he’s a career 37.9 percent shooter on 3.4 attempts over six seasons. That includes a sizzling 44.5 percent in 74 games with the Suns last season, where he solidified his reputation as a reliable bench scorer.

Georges Niang

From Bulls killer to Bulls helper? This seven-year veteran always seemed to shoot the lights out against the Bulls, connecting on 44.8 percent of his career 3-point attempts in the series. Overall, the forward has shot 40.3 percent from 3-point range on 3.7 attempts over 383 career games with three franchises. He only has started 19 games, which means he’s used to filling the reserve role that any free-agent addition projects to play in Chicago. He also would be targeted by opponents at the defensive end.

Josh Richardson

A prototypical “3-and-D” wing, the eight-year veteran has shot 36.5 percent from 3-point range on 4.4 attempts. He’s a strong defender who hasn’t let his shift from full-time starter earlier in his career to a reserve role affect his impact.

Yuta Watanabe

This left-hander connected at a career-high 44.4 percent from 3-point range for the Brooklyn Nets last season, albeit on low volume of 2.3 attempts per game. Like Lee, he’s another player who feels like he’s just scratching the surface of his potential and could benefit by more playing time.

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Thu, Jun 29 2023 02:19:25 PM
With NBA Free Agency near, Bulls need to prepare for unexpected https://www.nbcsportschicago.com/nba/chicago-bulls/with-nba-free-agency-near-bulls-need-to-prepare-for-unexpected/492141/ 492141 post https://media.nbcsportschicago.com/2023/05/Coby-White-USA-Today.jpg?quality=85&strip=all&fit=300,169

Presented by Nationwide Insurance Agent Jeff Vukovich

At the onset of the Chicago Bulls’ 2020-21 offseason, much focus centered on the partially guaranteed contracts of Thad Young and Tomáš Satoranský and whether management would operate as an over-the-salary-cap or under-the-cap team entering free agency.

Then, management included both players in sign-and-trade acquisitions of, in Young’s case, DeMar DeRozan from the Spurs and, in Satoranský’s case, Lonzo Ball from the Pelicans.

While such fireworks aren’t expected when NBA free agency opens—ahem—at 5 p.m. Central on Friday, those moves are reminders that the annual moratorium can offer unexpected twists and turns. Teams must prepare for the unexpected.

As it stands, executive vice president Artūras Karnišovas has publicly stated his desire to retain at least three of his own free agents in Nikola Vučević, Coby White and Ayo Dosunmu. The latter two guards are restricted free agents since Karnišovas said publicly they would be tendered qualifying offers, allowing the Bulls to match any offers.

Vučević agreed to an extension on Wednesday, the team confirmed, which sources said is expected to be for three years and roughly $60 million.

The Bulls’ needs are as obvious as they are well documented by now—shooting and stabilizing the point guard position in advance of another season without Ball.

Whether the latter is by a committee of White and Dosunmu, perhaps a return of Patrick Beverley or a fresh face remains to be seen. Proviso East product Jevon Carter is set to enter free agency after declining his player option with the Milwaukee Bucks, although a return to that franchise is in play.

As for shooting, here’s what Karnišovas said last week after the NBA Draft: “We’re trying to change our shooting profile. Being last in the league in rate from 3 and 3-point makes, we’re going to try to address that in the offseason.”

Donte DiVincenzo could be an intriguing option after he declined his player option with the Golden State Warriors. Talk around the league is that local product and former Bull Max Strus is set to land a big payday in free agency.

For all the talk about a Zach LaVine trade, he remains—by far—the Bulls’ biggest weapon from beyond the arc. He has averaged at least 7 attempts each of the last four seasons, never shooting worse than 37.5 percent.

While LaVine certainly represents the Bulls’ biggest trade asset, taking him off the roster only intensifies the need for 3-point shooting. When asked on draft night where LaVine currently stands with the organization, Karnišovas alluded to the play-in loss to the Heat.

“I think we all were disappointed the way the season ended. Zach was one of the guys who was very disappointed with the way it ended in Miami. He went into offseason to get better,” Karnišovas said. “He’s already working out with Ty Abbott, (our) player development (coach) in LA. He’s trying to get better.”

If the Bulls follow the expected route and operate as an over-the-cap team, they will have the non-taxpayer mid-level exception of roughly $12.4 million and biannual exception of $4.5 million to spend. They also must round out the roster with veteran minimum exceptions.

How they handle the projected $165 million luxury tax threshold also will be a point of interest. Karnišovas expressed confidence that ownership would allow him to exceed that figure should he need to, although the Bulls only have paid that tax once in franchise history.

Karnišovas traded for Vučević and hired Billy Donovan as coach in relatively stealth fashion, with little warning of either move beforehand. So perhaps he has some tricks up his sleeve after free agency opens on Friday.

But with Vučević agreeing to his extension on Wednesday, it’s more likely the Bulls retain their core and use salary-cap exceptions to improve shooting and their roster margins.

Click here to follow the Bulls Talk Podcast.

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Wed, Jun 28 2023 04:14:09 PM
Bulls' free-agency primer: What you need to know https://www.nbcsportschicago.com/nba/chicago-bulls/bulls-free-agency/bulls-free-agency-primer-what-you-need-to-know/491838/ 491838 post https://media.nbcsportschicago.com/2023/05/karnisovas_arturas_eversley_marc_bulls01-1.png?fit=300,169&quality=85&strip=all

Presented by Nationwide Insurance Agent Jeff Vukovich

Shortly after last week’s NBA Draft concluded, Chicago Bulls executive vice president Artūras Karnišovas fielded a question about his message to fans who may be disappointed that the franchise didn’t make a bigger move beyond the addition of second-round selection Julian Phillips.

“They will have to wait until free agency to see what we look like after that,” Karnišovas said.

The answer exuded confidence. Friday offers an opportunity for official action, not words. Here’s everything you need to know about NBA free agency and the Bulls.

When does free agency start?

Teams can officially begin negotiations with players and their representatives at 5 p.m. Central on Friday, June 30, although, despite the league discouraging such practices, backchannel conversations and feelers occur before then. In fact, the Bulls forfeited a second-round pick after the league determined that management held improper conversations in the August 2021 Lonzo Ball sign-and-trade acquisitions.

Players can reach verbal agreements with teams immediately but can’t officially sign a contract until the league moratorium ends at 11:01 p.m. Central on July 5.

How much can the Bulls spend?

Given salary-cap holds and qualifying offers, it’s likely the Bulls operate as an “over-the-cap” team. That would allow them to use the non-taxpayer mid-level exception, which is projected to be roughly $12.4 million, and the biannual exception of $4.5 million.

The Bulls also can sign players to veteran minimum exceptions.

The luxury tax threshold is projected to land at $165 million. Karnišovas expressed confidence that ownership would allow him to exceed that figure should he need to, although the Bulls only have paid that tax once in franchise history.

What are the Bulls’ goals?

Karnišovas has publicly stated his desire to re-sign Nikola Vucevic, Coby White and Ayo Dosunmu. The latter two guards will be restricted free agents after Karnišovas said the team will extend qualifying offers, giving the Bulls the right to match any offers they receive.

Vucevic will become an unrestricted agent on Friday night if an extension isn’t reached before then. The Bulls still can re-sign him at that point; they just no longer will have exclusive negotiating rights.

Karnišovas and general manager Marc Eversley repeatedly talked about the desire to improve the Bulls’ shooting. Last season, the Bulls represented the only NBA team not to attempt at least 30 3-pointers per game.

Given the fact that Karnišovas said Lonzo Ball isn’t expected to play for the second straight season following cartilage replacement surgery on his left knee, the Bulls also may need to address the point guard position. That is, unless management follows through on its desire to re-sign White and Dosunmu and concludes they can man the position by committee.

Who are some potential targets?

While the full pool of free agents isn’t fully determined yet based on team- and player-option decisions, here are groups of shooters and point guards that may be realistic targets. Check back later this week for more detailed breakdowns of potential targets.

Shooters: Max Strus, Joe Ingles, Gabe Vincent, Alec Burks (team option may be picked up by Pistons), Jevon Carter (player option), Donte DiVincenzo (player option), Seth Curry, Torrey Craig, Yuta Watanabe, Josh Richardson

Point guards: Patrick Beverley, Russell Westbrook, Derrick Rose, Dennis Schroder, Vincent, Carter

Click here to follow the Bulls Talk Podcast.

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Tue, Jun 27 2023 12:58:32 PM
Bulls' Artūras Karnišovas has confidence ownership would pay luxury tax https://www.nbcsportschicago.com/nba/chicago-bulls/bulls-arturas-karnisovas-has-confidence-ownership-would-pay-luxury-tax/491235/ 491235 post https://media.nbcsportschicago.com/2023/05/ARTURAS_EXPECTATIONS_FOR_SEASON.jpg?quality=85&strip=all&fit=300,169

Presented by Nationwide Insurance Agent Jeff Vukovich

With one word, Chicago Bulls executive vice president Artūras Karnišovas flipped normal expectations upside down Thursday night.

“Yes,” Karnišovas said, when asked if he believes he has the green light from ownership to enter luxury tax territory.

The Bulls only have paid the luxury tax once in franchise history. During the 2013-14 season in which Derrick Rose suffered a season-ending meniscus injury, they traded All-Star forward Luol Deng to the Cleveland Cavaliers to exit the tax.

Last season, Bulls president and chief operating officer Michael Reinsdorf told NBC Sports Chicago that he’d be willing to pay the tax for a championship contending team.

“With the nature of the NBA and having a soft cap, if you want to compete for championships, you have to be willing to spend into the tax,” Michael Reinsdorf said during a February 2022 appearance on the Bulls Talk Podcast. “I think most people will tell you, ‘I don’t want to spend into the tax if we’re not competing for championships, if we’re not good enough. I don’t want to be the 8th seed or out of the playoffs and go into the luxury tax.’

“But when it comes to a team like this (the Bulls), and if we can take the necessary steps next year that allow us to compete for a championship, then for sure we’ll go into the tax. It’s part of the nature of the NBA.”

But Karnišovas intimated that he’d feel comfortable asking ownership to enter tax territory this offseason following a 40-42 campaign in which the Bulls didn’t qualify for the playoffs.

“Jerry (Reinsdorf) and Michael have been always open with me to go into luxury tax if our team is competitive—you know, top-four, top-six in the East,” Karnišovas said. “If there are players in free agency that can improve our team and we’re competitive, we’ll retain our free agents.”

Indeed, retaining their own free agents, as Karnišovas reiterated he’d like to do on Thursday night, is what pushes the Bulls near the projected $165 million tax line even before using salary cap exceptions to improve the team.

Karnišovas confirmed the Bulls will extend qualifying offers to Coby White and Ayo Dosunmu, making them restricted free agents and allowing the Bulls to match any offers they receive.

“I think they’re developing young players,” Karnišovas said of the guards. “So we’re going to address that in free agency.”

Re-signing Vucevic remains an organizational priority, with Karnišovas calling it a “work in progress.”

“We’re going to continue talking to Vooch and his representation,” he said.

The Bulls also need to address shooting and perhaps the point guard position. If the Bulls re-sign their free agents and use the midlevel and biannual exceptions, they will enter luxury tax territory. Keep in mind that penalties only are assessed on teams that are still past the tax threshold after the season.

Karnišovas was asked what message he’d like to send fans following Thursday’s NBA Draft, which only netted the Bulls a second-round pick in Julian Phillips: “They will have to wait until free agency to see what we look like after that.”

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Fri, Jun 23 2023 01:25:56 AM