NBA Roundtable

Bulls Waive Tim Thomas

In Free Agency on July 15, 2009 at 8:43 am

RealGM has the press release

The Chicago Bulls made a settlement with forward Tim Thomas on Tuesday. In accordance with that move, the Bulls have requested waivers on Thomas. Thomas joined the Bulls on Feb. 19, 2009 in a four-player trade with the New York Knicks. In 18 regular season games with Chicago last season, he averaged 5.8 ppg and 2.3 rpg in 14.1 mpg, and shot .400 from the field, .442 from downtown and .700 from the line. The 32-year old Thomas has averaged 11.6 ppg, 4.1 rpg, 1.6 apg and 14.1 mpg for six different teams over his 12-year career in the NBA.

Tim Thomas = Free Agent

Tim Thomas could be a solid minimum contract guy for someone. He’s a very poor defender, and a very poor rebounder when playing as a big but a solid one as a wing, and solid offensive player with impressive shooting ability. In a small role, he could help a team.

If Tim Thomas is a regular rotation player next season, it’s most likely a sign that the team he’s on is desperate and lacks quality depth.

More Info On Buyout

I haven’t been able to find any information on how much the Bulls saved from the buyout, but appearantly the buyout did help fund the Jannero Pargo signing, while still allowing the Bulls to fill out their roster with minimum contract players and while staying below the luxury tax threshold.

The Bulls worked out a buyout with Tim Thomas, which freed up enough money to pay Pargo the biennial exception of $1.99 million for one year. Thomas didn’t figure in the Bulls plans, though the buyout doesn’t affect the expiring contract situation for 2010 with Pargo on a one year deal.

Update — early August — link

  • Tim Thomas was paid $4.87 million of the $6.47 million owed to him.
  • Ergo, the Bulls saved $1.6 million
  • If the Bulls sign Aaron Gray, they have $1.08 million left beneath the luxury tax threshold, so they will be able to sign a minimum contract player.

I’d like to see the Bulls try to sign a wing who can score. Rashad McCants perhaps.

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