The Chicago Bulls have officially done everything they can to assure Jimmy Butler remains their franchise cornerstone for as long as possible, as Eric Pincus of Basketball Insiders reported Monday:
Now all they can do is wait.
The Bulls' use of the maximum qualifying offer is unprecedented in the NBA's current collective bargaining agreement. It effectively removes any negotiating power from the team and hands all the leverage to the player.
Adi Joseph of Sporting News outlined how, despite sapping a team's leverage, the max qualifying offer is still a useful tool in circumstances like these: "The Bulls limited Butler's options severely by taking advantage of the rule, which does not allow Butler to sign an offer sheet with another team for fewer than three guaranteed years."
Chicago brought out the big guns.
Though nobody has done it before, the Bulls' decision was a no-brainer, because a rising salary cap—projected to hit $89 million next summer and $108 million in 2017, as Jonathan Givony of DraftExpress noted—means that a max offer today is a bargain tomor ...
Read Full Article at Bleacher Report - NBA
Article written by Grant Hughes
Chicago Bulls Going All-In on Jimmy Butler’s Future with Max Qualifying Offer
June 30th, 2015 by Grant Hughes Leave a reply »
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