The Bulls have the option to use the Amnesty Provision to take Carlos Boozer off of their books. I wrote a post on where this would put the Bulls under the salary cap, but that using this option doesn't give the Bulls any more room to sign a free agent than they're already limited.
In the comments section were some questions and remarks covering things not in the post which are worthy of spelling out.
obnoxious american asked: "How long is bidding allowed? A few hours, a day, a week?"
Apologies for not including this in my original post, first off.
Players enter free agency on July 1, but there's a moratorium on teams acquiring free agents. It's during this moratorium that the Amnesty Provision can be exercised and the player is on waivers for seven days. If no team bids on Boozer, the Bulls would have to pay his entire salary and Boozer would become a free agent. While a player is on the waiver wire, the team that waived the player can't reverse their decision.
Option27 wrote: "You know, one thing never gets talked about and that's keeping him until he's a fat expiring trade chip. [...] The fact is there’s always going to be money saving teams out there in small markets who would be willing to let good/great players go for a chance to save money and rebuild through free agency and the draft."
Given that there isn't really a situation where Amnestying Boozer opens up more opportunities, this may be the Bulls' best case scenario of getting rid of Boozer before he's gone to free agency. This is very wait-and-see for a guy who'll be 31-years-old in November. Usually a bad place to be if your best value from losing a guy is trading him at the age of 34.
But if a team is looking to get under the cap for the 2015 offseason, Boozer a $16.8 million dollar piece that'll go off of the books after the 2014-15 season. There are very weird looking trades that commonly occur for this reason as early as a year and a half before the contract expires, but this trade would more likely take place around the trade deadline of that final season than before.
hitlesswonder wrote: "You could make the case that Boozer's perceived value will increase next season. It's possible he'll be the #1 scoring option for most of the regular season, provided Thibs can retool his offense to not just be CJ/JL3 taking a bazillion shots. So, it's reasonable to expect that his scoring will increase over this season, perhaps enough to increase how much the claiming team will pay him when he's amnestied the following year. Waiting till 2013 to amnesty Boozer might save the Bulls a lot of money."
As much as Boozer hurts our eyes for good reason, he can still look very good on many occasions and does produce by finishing possessions on both ends, so apologies for treating his lacking of trade value as self-evident.
It's just vert very difficult to make a 31-year-old player look better than he is. There's simply no untapped potential taken into the equation to make any GM think they're getting some sort of good deal. The game of showcasing a player is best won when other teams see are hoping to cash in on some upside for themselves. Boozer's just too old for people to believe he'll get better.
hedonism bot wrote: "Someone pointed out that in theory, Boozer will get more shots and thus put up more gaudy stats. He can put up points if you keep letting him shoot, maybe a GM out there makes a call and gets a Boozer. [...] He really doesn't shoot that bad. He seems to do better when he gets lots of touches and he is a good passer, so why not give the man the ball more, especially with Rose/Deng out."
This is a different option. This isn't the hope that Boozer shows he's better than he is because of more touches, but that he's as good as can be more often. This is more realistic, as a lot of teams like to have had a power forward who shot 53.2% from the floor on about 13 shots per game. As the volume goes up, the percentages would likely sink a bit unless he used that opportunity to get to the basket.
It sucks to watch him miss layups like he does, but he did shoot 68% at the rim. If someone wanted Boozer, that would just be a bonus, though, because no one's getting fooled to think Boozer's anything more than he is: a savvy rebounder with a 45% mid-range shot who passes well, but can't get to the basket, play defense, or create space well.
As much as that doesn't sound like hope, the Bulls have shown offensive and defensive efficiency utilizing his strengths and covering up his weaknesses pretty well. A GM in need of these qualities with faith in his coach to implement a scheme to maximize Boozer's production may come along. And the key term is "in need"; it's impossible to list teams that would be interested because an interested team would probably be hit with some unforeseen problem like an injury.
But still, there are other guys around the league who can do this. And they're younger with less variance in their games. So, it's still difficult to see a reasonable scenario where Boozer's trade value goes up over the next season or two.
Stats via Hoopdata.