Bulls Catch-All Thread Options

[Quinarvy]

We didn't have one and I couldn't think of anywhere else to post this gem.

Luol Deng ‏@LuolDeng9

If I can't fit in these toilets, I'm sure @AsikOmer can't. O where u at buddy??

It was from an airplane.

[2nd_city_saint78...]

His contract is poison to going to the NBA for a while.

What were the specs again? Wasn't it just 5 mill to buy him out and 5 mill for his actual contract??

[ZoomSlowik]

What were the specs again? Wasn't it just 5 mill to buy him out and 5 mill for his actual contract??

It's not that simple. There are several issues...

1) His buyout is $3.149 million.

2) He's making about $4.5 million a year in Spain.

3) The Bulls CAN NOT simply pay his buyout. They're capped at a certain amount they can contribute without reprecussions. After that, they need some form of creating cap space to go over it, AND it would be subtracted from the amount they'd be able to pay Mirotic. For 2012/2013, that number is 550k, meaning Mirotic would have to come up with the rest.

3) He was a first round pick, so he's tied into the rookie scale contract (which is like $1.1 million). They can't just pay him whatever they want.

Basically, he'd have to take a huge paycut and pay out of his own pockets to come here in the next two years.

The absolute earliest you're likely to see him is 2014/2015, at which point the Bulls would have the option to sign him as a normal free agent. However, to do that they'll either need the full MLE (IE be under the tax) or have available cap space.