Ty Thomas available for expiring contracts?

[rondohondo]

http://www.rotoworld.com/content/playerpages/playerbreakingnews.asp?sport=NBA&id=1252&line=129040&spln=1

"The Bulls may look to trade Tyrus Thomas for expiring contracts, in order to clear enough cap space to pursue two big-name free agents this summer Thomas has been mentioned in a recent rumor that would send him and Kirk Hinrich to Boston i exchange for Ray Allen. The Bulls are said to be targeting Dwyane Wade as their #1 option followed by Joe Johnson followed by Joe Johnson. Feb. 6 - 10:03 am

If it is true that Thomas can be had for expiring's danny should be all over this. He would be a perfect athletic defender and energy guy off the bench on nights like last night when KG just doesn't have it. I would even send back a 1st rd pick and walker if it helps get the deal done.


Walker,Scal + 1st for Ty Thomas

[scoop]

Thomas is an expiring contract himself.

Btw, it was just announced that Thomas was suspended 1 game for conduct detrimental to the team:
http://www.nba.com/bulls/news/thomas_100206.html

[LarBrd33]

Ty Thomas would be like a rich man's Leon Powe on this team.

[Roy Hobbs]

Thomas is an expiring contract himself.

Btw, it was just announced that Thomas was suspended 1 game for conduct detrimental to the team:
http://www.nba.com/bulls/news/thomas_100206.html

Yeah, that report makes no sense; trading Thomas by himself saves the Bulls no money.  In fact, it would limit the Bulls flexibility somewhat, because right now they at least have the option of including Thomas in a sign-and-trade next summer.

This story is missing a piece.  If there's any accuracy to the report, it's that the Bulls are willing to package Thomas in a deal with Hinrich or Salmons for expiring contracts.

[Fafnir]

Yeah this report on makes sense if they're using him as a chip to pair with one of their longer contracts.

[Roy Hobbs]

Here's an excerpt of the original article:

But that figure doesn't include a $14.2 million cap hold for Tyrus Thomas, space that must be allocated to him that includes the $6.3 million qualifying offer he'll be due as a restricted free agent. That's why league sources believe the Bulls will try to package Thomas in a significant deal for expiring contracts -- such as a proposal under consideration that would also send Kirk Hinrich to Boston for Ray Allen's $19.7 million expiring deal -- or in a separate deal to one of several Western Conference contenders that have inquired about Thomas' availability.

Link

I'm curious if this reporter understands the CBA that well.  I mean, Chicago could just decline to extend a qualifying offer; it's not mandated.

[JS33]

Here's an excerpt of the original article:

But that figure doesn't include a $14.2 million cap hold for Tyrus Thomas, space that must be allocated to him that includes the $6.3 million qualifying offer he'll be due as a restricted free agent. That's why league sources believe the Bulls will try to package Thomas in a significant deal for expiring contracts -- such as a proposal under consideration that would also send Kirk Hinrich to Boston for Ray Allen's $19.7 million expiring deal -- or in a separate deal to one of several Western Conference contenders that have inquired about Thomas' availability.

Link

I'm curious if this reporter understands the CBA that well.  I mean, Chicago could just decline to extend a qualifying offer; it's not mandated.

I think the author is correct .

Think Giddens Mr Hobbs .

[Fafnir]

Here's an excerpt of the original article:

But that figure doesn't include a $14.2 million cap hold for Tyrus Thomas, space that must be allocated to him that includes the $6.3 million qualifying offer he'll be due as a restricted free agent. That's why league sources believe the Bulls will try to package Thomas in a significant deal for expiring contracts -- such as a proposal under consideration that would also send Kirk Hinrich to Boston for Ray Allen's $19.7 million expiring deal -- or in a separate deal to one of several Western Conference contenders that have inquired about Thomas' availability.

Link

I'm curious if this reporter understands the CBA that well.  I mean, Chicago could just decline to extend a qualifying offer; it's not mandated.

I think the author is correct .

Think Giddens Mr Hobbs .

What about Giddens?

[Roy Hobbs]

Here's an excerpt of the original article:

But that figure doesn't include a $14.2 million cap hold for Tyrus Thomas, space that must be allocated to him that includes the $6.3 million qualifying offer he'll be due as a restricted free agent. That's why league sources believe the Bulls will try to package Thomas in a significant deal for expiring contracts -- such as a proposal under consideration that would also send Kirk Hinrich to Boston for Ray Allen's $19.7 million expiring deal -- or in a separate deal to one of several Western Conference contenders that have inquired about Thomas' availability.

Link

I'm curious if this reporter understands the CBA that well.  I mean, Chicago could just decline to extend a qualifying offer; it's not mandated.

I think the author is correct .

Think Giddens Mr Hobbs .

What about Giddens?  I'm not sure what you mean.

With Giddens, we declined his third year option, making him an unrestricted free agent next year.

With Thomas, he's finished four years of his rookie deal.  Next year, Chicago can extend Thomas a qualifying offer, which would make him a restricted free agent.  On the other hand, they can decline to give him a Q.O., making him unrestricted (much like we did with Tony Allen).  Thereafter, if Chicago further renounces Thomas' rights, they clear a ton of cap space.

[JS33]

Here's an excerpt of the original article:

But that figure doesn't include a $14.2 million cap hold for Tyrus Thomas, space that must be allocated to him that includes the $6.3 million qualifying offer he'll be due as a restricted free agent. That's why league sources believe the Bulls will try to package Thomas in a significant deal for expiring contracts -- such as a proposal under consideration that would also send Kirk Hinrich to Boston for Ray Allen's $19.7 million expiring deal -- or in a separate deal to one of several Western Conference contenders that have inquired about Thomas' availability.

Link

I'm curious if this reporter understands the CBA that well.  I mean, Chicago could just decline to extend a qualifying offer; it's not mandated.

I think the author is correct .

Think Giddens Mr Hobbs .

What about Giddens?

If memory serves me right the Celtics already agreed not to offer him a qualifying offer . I think there is ( was ) a specific date where you had to make up your mind whether or not you planned on making the qualifying offer for next summer .

We declined with Giddens , the Bulls must not have with Thomas .

[snively]

They just have to renounce their rights to clear the cap hold, correct?

The only reason they'd offer him for expiring contracts is if they were certain they weren't going to get anything valuable for him in return and they don't want him taking up space until the end of the season.

I'm sure the C's would be willing to oblige in such a swap of tiny expirings (as would every other team in the league).

[JS33]

They just have to renounce their rights to clear the cap hold, correct?

The only reason they'd offer him for expiring contracts is if they were certain they weren't going to get anything valuable for him in return and they don't want him taking up space until the end of the season.

I'm sure the C's would be willing to oblige in such a swap of tiny expirings (as would every other team in the league).

I'm just taking a guess on the Thomas stuff . I understand that Giddens had an option and Thomas had a qualifying offer . I just wonder if it's related . If there's a date or something where you have to renounce the player to get rid of the cap hold.

[Roy Hobbs]

Here's an excerpt of the original article:

But that figure doesn't include a $14.2 million cap hold for Tyrus Thomas, space that must be allocated to him that includes the $6.3 million qualifying offer he'll be due as a restricted free agent. That's why league sources believe the Bulls will try to package Thomas in a significant deal for expiring contracts -- such as a proposal under consideration that would also send Kirk Hinrich to Boston for Ray Allen's $19.7 million expiring deal -- or in a separate deal to one of several Western Conference contenders that have inquired about Thomas' availability.

Link

I'm curious if this reporter understands the CBA that well.  I mean, Chicago could just decline to extend a qualifying offer; it's not mandated.

I think the author is correct .

Think Giddens Mr Hobbs .

What about Giddens?

If memory serves me right the Celtics already agreed not to offer him a qualifying offer . I think there is ( was ) a specific date where you had to make up your mind whether or not you planned on making the qualifying offer for next summer .

We declined with Giddens , the Bulls must not have with Thomas .

There are different rules for rookies coming off the second year of their deal (Giddens) versus players coming off their fourth year (Thomas). 

This summer, Chicago will have until June 30 to decide whether they want to extend Thomas a qualifying offer.  Presumably, they won't do so.

[snively]

They just have to renounce their rights to clear the cap hold, correct?

The only reason they'd offer him for expiring contracts is if they were certain they weren't going to get anything valuable for him in return and they don't want him taking up space until the end of the season.

I'm sure the C's would be willing to oblige in such a swap of tiny expirings (as would every other team in the league).

I'm just taking a guess on the Thomas stuff . I understand that Giddens had an option and Thomas had a qualifying offer . I just wonder if it's related . If there's a date or something where you have to renounce the player to get rid of the cap hold.

We didn't decline Giddens' Q.O.  We declined the team option for his third and fourth years.  If we had picked up the option on those years, we'd have the whole Q.O. discussion with Giddens at the beginning of his 5th year, just as we would have with Rondo had he not signed an extension.

[CoachBo]

I'd be interested in anything that makes us more athletic - for the right price, and Ray's not the right price in this scenario.

Wonder if they'd take Tony Allen off our hands?