Skip to content

Report: Bulls have no plans to amnesty Boozer this summer

Feb 8, 2013, 3:34 PM EDT

Carlos Boozer AP

When trade reports surfaced of a Carlos Boozer for Andrea Bargnani trade came up it didn’t make a lot of sense for me.

If you’re Chicago you could save $5 million a year for a couple years with Bargnani buried on your bench (you think Tom Thibodeau is going to play him much?) but why not just play out the season with Boozer then save a bunch more and use your amnesty clause on him this summer?

That’s not in the plans reports the Chicago Tribune.

Despite the talks, there are no plans to use the amnesty provision on Boozer this summer. Boozer is having a strong season, but shedding his salary could improve the Bulls’ long-term financial picture.

Why not? And why a Bargnani trade instead?

Because of real money out the door. If the Bulls amnesty Boozer they still have to pay him his salary (minus whatever he would sign for with another team). The Bulls are still on the hook for the contract, it just doesn’t count against the “official” books used for team salary against the cap and luxury tax. Fill in that cap space created by the Boozer amnesty and you’re paying those dollars twice, in essence. Trade for Bargnani and that is $5 million a year in real savings.

It’s all about the money — and in the Bulls case not paying the luxury tax. Despite the market size.

Latest Posts
  1. Report: Pelicans interviewed Vinny Del Negro for head coaching position

    May 28, 2015, 10:30 PM EDT

    Vinny Del Negro AP

    Tough to see him as a stronger candidate than at least two others. Unless …

  2. Report: ‘At least three’ Bulls starters ripped Tom Thibodeau during exit interview

    May 28, 2015, 9:00 PM EDT

    Getty Images Getty Images

    Players supposedly said they’d avoid team facility this summer if Thibodeau remained the head coach.

  3. Tom Thibodeau releases statement after firing, thanks Bulls fans and players

    May 28, 2015, 7:30 PM EDT

    Thibodeau was fired as Bulls head coach on Thursday.

  4. Barack Obama: Nobody can outshoot Stephen Curry, except maybe Kyle Korver

    May 28, 2015, 2:42 PM EDT

    US-POLITICS-WEATHER-OBAMA Getty Images

    American president tweets about LeBron James and J.R. Smith

  5. Mavericks considering signing-and-trading Tyson Chandler for DeAndre Jordan

    May 28, 2015, 1:30 PM EDT

    DeAndre Jordan, Tyson Chandler AP

    Clippers center reportedly interested in signing with Dallas

  6. Jared Dudley on Kevin Love: ‘If you leave LeBron, there’s something’s wrong’

    May 28, 2015, 12:55 PM EDT

    Jared Dudley, Kevin Love AP

    Kevin Love might leave the Cavaliers in free agency. Cleveland fans, if history is any indication, wouldn’t treat him well if he does. What would Love’s peers think? Colin Cowherd asked Jared Dudley – whom you might remember from saying players avoid Kobe Bryant Bryant and calling Carmelo Anthony the NBA’s most overrated player –…

  7. Bulls fire Tom Thibodeau

    May 28, 2015, 12:17 PM EDT

    Cleveland at Chicago, Game 6 Getty Images

    Bulls owner Jerry Reinsforf: ‘There must be free and open interdepartmental discussion and consideration of everyone’s ideas and opinions. These internal discussions must not be considered an invasion of turf, and must remain private.’

  8. Report: Melvin Hunt frontrunner for Nuggets job

    May 28, 2015, 10:41 AM EDT

    Denver Nuggets v Los Angeles Clippers Getty Images

    Denver reportedly has not interviewed Mike D’Antoni

Did Chicago do the right thing in firing Thibodeau?

Despite ending, Hawks had season to remember
Top 10 NBA Player Searches
  1. S. Curry (7763)
  2. K. Irving (5888)
  3. K. Love (5753)
  4. K. Korver (4653)
  5. L. James (4468)
  1. A. Horford (3589)
  2. K. Bryant (3570)
  3. D. Howard (3531)
  4. K. Durant (3466)
  5. A. Varejao (3398)