Bulls Waive JamesOn Curry
[From the FanShots -ed.]
The Bulls on Thursday released second-year guard JamesOn Curry. The 6-foot-2 guard was a second-round pick, chosen No. 51 overall in 2007, but never played for the Bulls in the regular season.
over 3 years ago
NBA Observer
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eye on the prize
No cap number for the upcoming season. If he was waived at a date past today, it would’ve been $100k.
management sez: recommend fanposts/fanshots/comments! Click 'reply' when replying to a comment! Flag jerkfaces!
by your friendly BullsBlogger on Jul 31, 2008 4:53 PM CDT up reply actions
Actually it's $100k
Past today it would have been $250k.
His salary would have been $711,517. So we saved $611,517.
Except… we’ll have to sign up someone else to that roster spot for at least the league minimum of $442,114 (for a rookie). So the net savings are $169,403.
Yay!
unless we trade 1 player for 2 smaller contracts
like say, Larry Hughes or Noce.
by fundamentallysound on Aug 1, 2008 8:59 AM CDT up reply actions
thanks
my mistake on the $100k
management sez: recommend fanposts/fanshots/comments! Click 'reply' when replying to a comment! Flag jerkfaces!
by your friendly BullsBlogger on Aug 1, 2008 9:25 AM CDT up reply actions
Is it a move to protect Nichols?
He’s still with the club.
by NBA Observer on Jul 31, 2008 5:04 PM CDT up reply actions
I was about to say that.
Hopefully he gets picked up somewhere else and plays, so I can actually see how he is. Or he just flamed out. Who knows.
I’m going to go the blindly optimistic route and say that this means the Bulls are serious about resigning Gordon.
Ben Gordon implications...
By waiving Curry, the Bulls now have an extra $711,517 below the cap threshhold. I take this as a clear indication they are negotiating with Ben Gordon for an offer that will land them within thousands of that threshhold. This now means his contract’s first year could be closer to $9 million than $8 million and the total value closer to 6 years $66 million than 6 years $59 million…
Cut me some slack on the numbers, these are off the top of my head.
I just double checked Curry's salary situation.
According to Sham, today was the last day to waive Curry before contract became guaranteed.
Curry: Signed to a two year minimum salary contract in July 2007. Second year was only $100,000 guaranteed until July 31st 2008. Waived before then.
http://www.shamsports.com/content/pages/data/salaries/notes/bulls.htm
As I wrote above
(saw that post first) we’ll have to replace Curry with someone. Teams have to carry 14 players now and we’ve only got 10+Rose under contract. So even if we sign Gordon we still need to sign to more guys and that’ll eat up at least $900k of space (about $442k per player)
If I remember correctly
If you sign someone to the veterens minimum, it does not count against the cap. Its just a matter of finding some scrubs that need a paycheck.
"Rest satisified with doing well and leave others to talk of you as they please"
There are also no luxury tax implications.
"Rest satisified with doing well and leave others to talk of you as they please"
Sort of
http://members.cox.net/lmcoon/salarycap.htm#11
When a player has been in the NBA for three or more seasons, and is playing under a one-year, ten-day or rest-of-season contract, the league actually reimburses the team for part of his salary – any amount above the minimum salary level for a two-year veteran. For example, in 2005-06 the minimum salary for a two-year veteran is $719,373, so for a ten-year veteran, with a minimum salary of $1,138,500, the league would reimburse the team $419,127. Only the two-year minimum salary is included in the team salary, not the player’s full salary. They do this so teams won’t shy away from signing older veterans simply because they are more expensive when filling out their last few roster spots.
They can sign me.
Ill be Number 64 and a major force in the d-league and the last game of the season where the bench guys play. lol
by knickknack7450 on Aug 1, 2008 6:13 PM CDT up reply actions
Can OKC sign him just so we can see what kind of player he was?
Him and Aaron Gray were destined for big things :(
I was a multiple time all star throughout my little league career. Won 5 championships- 4 in a row- thats more in a row than MJ… (kenwo4life@aol.com)
Just changed my Budlight Bulls calandar at my desk
JamesOn Curry is sharing the August cover with Aaron Gray.
By the way, great comments my favorite was P.I.P.
Came free with...
my bosses season tickets. It sort of a reminder (we share an office). Hey remember me I like basketball.
I have the same calendar, also from a game that my boss gave me tickets to.
So I guess now it’s safe to say that JamesOn isn’t a poor man’s Ben Gordon. Now, can Aaron Gray be a poor man’s Dave Corzine?
"It’d be ridiculous to hate someone for simply what they say in a sports blog. But I greatly dislike every syllable of your angst-filled, smarmy, nondescript, half-assed, elitist-garbage responses." –Rogerspark Kris
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