There has been a kind of mythology built around the Chicago Bulls that by amnestying Carlos Boozer this year, they'll have the opportunity to grab hold of a quality free agent next year. That's not quite true when you take a look at what the actual numbers are.
First, let's take a look at the current roster of players, taking into consideration those who are under contract next year.
Player 2013/14
Derrick Rose $17,632,688
Carlos Boozer $15,300,000
Luol Deng $14,312,125
Joakim Noah $12,100,000
Richard Hamilton $5,000,000
Kirk Hinrich $4,059,000
Taj Gibson $7,550,000
Jimmy Butler $1,174,080
Marquis Teague
$1,074,720
TOTAL
$78,202,613
That puts the Bulls well out of being able to obtain anyone significant through free agency. They would be unable to even sign anyone to a full mid-level exception.
The mythology states there are two things they could do to provide for a little economic breathing space. They can amnesty Carlos Boozer and they can waive Rip Hamilton, reliving them of all but $1 million of their obligation to him.
That would leave their ...
Read Full Article at Bleacher Report - NBA
Article written by Kelly Scaletta
Amnestying Carlos Boozer Won’t Solve Chicago Bulls’ Financial Crisis
December 11th, 2012 by Kelly Scaletta Leave a reply »
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