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RLEC would have been $12M in flexibility in the sense that they could have signed Gordon for up to $12M and still be in the same situation they are.
I realize the Bulls could sign every one of their players with Bird Rights to MAX deals and well exceed the LT threshold. However, Paxson has said repeatedly that the Bulls will never exceed the LT threshold. So that would be a hard cap, by choice, and that is how it is.
As it stands, the Bulls are $1M under the LT threshold. To make any trade, or to sign any FA to even the MLE that would put them $1 over the LT, they won't do it.
The Bulls management are assholes. They said they wanted to retain Gordon, but made no offer. They dicked around about signing him at every opportunity. The team is not about winning, it's about being highly profitable and putting as much $$$ in the owner's pockets. Look at Forbes and you'll see they're in the top 3 most profitable teams, with an obscene $50M in profit.
Like I said, Paxson has a hardon for Hinrich, the team doesn't need any flexibility anymore since Gordon will be gone, they'll have the flexibility (under the actual cap) next summer to sign two MAX contract UFAs, so I don't see them making a trade or taking on Iverson for anything more than the $1M they're under the LT threshold. I don't see them dealing Hinrich to save $3M to be able to pay Iverson $4M, either. And so on.
I realize the Bulls could sign every one of their players with Bird Rights to MAX deals and well exceed the LT threshold. However, Paxson has said repeatedly that the Bulls will never exceed the LT threshold. So that would be a hard cap, by choice, and that is how it is.
As it stands, the Bulls are $1M under the LT threshold. To make any trade, or to sign any FA to even the MLE that would put them $1 over the LT, they won't do it.
The Bulls management are assholes. They said they wanted to retain Gordon, but made no offer. They dicked around about signing him at every opportunity. The team is not about winning, it's about being highly profitable and putting as much $$$ in the owner's pockets. Look at Forbes and you'll see they're in the top 3 most profitable teams, with an obscene $50M in profit.
Like I said, Paxson has a hardon for Hinrich, the team doesn't need any flexibility anymore since Gordon will be gone, they'll have the flexibility (under the actual cap) next summer to sign two MAX contract UFAs, so I don't see them making a trade or taking on Iverson for anything more than the $1M they're under the LT threshold. I don't see them dealing Hinrich to save $3M to be able to pay Iverson $4M, either. And so on.
