On depth chart, luxury tax, Patrick Williams

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Bulls mailbag: On depth chart, luxury tax, Patrick Williams originally appeared on NBC Sports Chicago

Presented by Nationwide Insurance Agent Jeff Vukovich

It’s late July, which means there shouldn’t be questions as the NBA prepares for its brief hiatus. But there’s that unresolved Damian Lillard story, James Harden’s consistent wanderlust and the nutty—compliment intended—Bulls fan’s never-ending worry. So here’s a mailbag.

Do you think the Bulls, who are a massively profitable organization and typically lead the NBA in attendance, will pay the luxury tax this season? — James R.

Nothing like coming out of the chute hot.

I think the Bulls will begin the season under the luxury tax and possibly enter it during the season if the season is going well. By my educated estimate, they sit roughly $2.4 million under the $165,294,000 luxury tax threshold with two roster spots available. This is assuming they waive Carlik Jones’ non-guaranteed salary.

I suppose there’s a small chance Jones is retained. But given that his $1.9 million salary is roughly the same as a veteran minimum exception, I’d expect a frontcourt player to be signed. Perhaps they sign two players to veteran minimum exceptions and go over the tax slightly to begin the season. But given the organization’s history of only paying the tax once, I’d be surprised.

I see the more likely scenario as entering the season with a 14-player roster and then possibly entering the tax during the season if things are going well and the right opportunity presents. The Bulls still have roughly half of the $12.4 million non-taxpayer mid-level, the $4.5 biannual and the $10.2 million disabled player exception for Lonzo Ball at their disposal.

Artūras Karnišovas said on draft night that he’d be comfortable presenting to ownership a case to enter the luxury tax for a contender. Bulls president and CEO Michael Reinsdorf told NBC Sports Chicago in February 2022 that he “absolutely” would pay the tax for a title-contending team. But he also added his usual context at the time.

“All you have to do is go back and look at the last number of…

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Author : NBC Sports Chicago

Publish date : 2023-07-27 14:13:42

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