Dec 11, 2013; New York, NY, USA; Chicago Bulls power forward Taj Gibson (22) defends against New York Knicks small forward Carmelo Anthony (7) in the second half of NBA game at Madison Square Garden. Mandatory Credit: Noah K. Murray-USA TODAY Sports

Report: Chicago Bulls have moves lined up to clear space

If the rumors that Tom Thibodeau blitz recruit on Carmelo Anthony is making him question his decision to return to New York, the Chicago Bulls reportedly have deals lined up if they feel the need to clear any cap space:

What could those deals possibly be and why does Chicago need to pull them off?

We’ll tackle the latter first. Why were the Chicago Bulls a final destination for Anthony and the Los Angeles Lakers and New York Knicks were? They have the space to offer Anthony a full max contract, with LA being able to offer four years and New York offering five. This is where Chicago fell short in the race to secure the talents of one of the best small forwards in the NBA. But by moving several contracts, the cap space provided will give Chicago a chance to offer Anthony more money.

And whatever move the Bulls choose to make, it’ll involve power forward Carlos Boozer who is owed $16.8 million next season. With Boozer, Chicago has two choices: use the amnesty clause, wiping Boozer’s cap entirely off the salary cap, or package Boozer with a highly coveted asset and dump him (them) in a trade. Doing the math, removing Boozer from Chicago’s salary cap leaves them with $53.546 million cap space. Due to cap holds, the Bullls would have to renounce several free agents and possibly remove some lower scale players (Dunleavy, Randolph, Snell, Brewer, etc.) to get enough space to fit in a max salary.

While it sounds complicated, it seems Chicago is set to make the right moves to acquire space. All they’re waiting on is confirmation from Carmelo Anthony to take the next step.

Tags: Carlos Boozer Carmelo Anthony Chicago Bulls NBA NBA Free Agency 2014 NBA Trade Rumors New York Knicks

  • Jim

    Wouldn’t it be a sign and trade so Melo gets the extra year? What would NY requie in return?

    • Road Dog

      Sorta, if NY wants a player in return. They would likely want draft picks and a young talent.

  • John

    The bulls have $53 billion dollars if they amnesty boozer?

    • Mack

      Yes they would have 53 because they would have only 6 mil over the salary and Boozer contract is only 16 mil so only 10 mil of that would be left after the 6 mil.

      • John

        Mack, read the article and my comment again. The article says, “$53,546 Million.” $53,546 Million is equal to $53.5 Billion. Considering the Clippers may sell for $2 Billion, the Bucks sold for $0.55 Billion and the Kings sold for $0.534 Billion, the amount of Cap space the Bulls have according to the article would be able to potentially purchase every team in the NBA. Does anyone edit anymore or just rely on Spell Check? Though I suppose Austin Powers would agree with you.

        • OzLeon

          If you look closely there is a period, not a comma. So the amount would be $53.546 million.

          • John

            The article was updated after my comment.

          • Calergio

            I guess you never make mistakes. Take it easy Johnson.