Chicago Bulls Sign J.J. Redick to a Three Year, $19 Million Contract | Magic Basketball

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Jul 10

Source: Chicago Bulls to Sign J.J. Redick to a Three Year, $19 Million Contract

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Via Adrian Wojnarowski of Yahoo! Sports:

Orlando Magic restricted free-agent guard J.J. Redick is close to signing a three-year offer sheet worth about $19 million with the Chicago Bulls, a league executive told Yahoo! Sports.

Redick could sign the agreement as soon as the weekend.

A source familiar with the offer sheet said a significant portion of the offer is a signing bonus, which makes it more difficult for Orlando to match.

The Bulls signed free-agent guard Kyle Korver to a three-year, $15 million contract on Friday.

Once the sheet is signed, the Magic will have seven days to match and keep Redick.

29 comments
Feeds
Feeds

Bulls aren't good enough; they have been this good for 3 years now it's just coaching

Eddy Rivera
Eddy Rivera

@Adolfo

Redick will come back, most likely. The Magic will need another point guard, whether it's Williams or someone else. And then one more wing defender.

Adolfo
Adolfo

I'll take the word of Eddy and calm down, you're right I think the Magic has invested a lot of money in the last year in order to get the championship, now a new arena and got very close to the objective so they won't stop now... well I think... GO MAGIC...!!! BTW Eddy do you think there will be any other player addition? or just focus on keep JJ?

Eddy Rivera
Eddy Rivera

@Billy (slickw143)

Bulls are good, but not good enough.

Billy (slickw143)
Billy (slickw143)

@BPballa
We did not win games because Bass played. I wish people would stop with that already. The Magic were -9 with him on the floor in game 4, +6 in game 5 but that was when we ran through them in Orlando. His 3 points and 2 rebounds sure did spark the Magic to that 4 point win in Boston...

Oh wait, nope, it was Dwight and Jameer. They finally started really executing on the 1-5 pick and roll and that torched Boston. Every time I hear that the Magic won because Bass played, I feel like I've been taking crazy pills.

Eddy Rivera
Eddy Rivera

@BPballa

I've said this elsewhere but yes, LeBron's announcement was unnecessary. Still, I understand why he did it. The interest level was through the roof!

Barnes may be able to provide a "bad boy factor" and toughness, but they're cliched intangibles that don't mean much. At the end of the day, players like Barnes are a dime a dozen. The Magic can replace him with ease, and they'll need to because he's not big and strong enough to slow down James, Wade, Pierce, and other great scorers.

As for Howard, sorry to say but he does have post moves ... I could roundup scads of data and video to support my claim. This comment isn't directed towards you, but anyone who insists that Howard doesn't have a post game is either blind or didn't watch him play this year. And Patrick Ewing has helped Howard develop offensively. The only criticism that I'm willing to concede with Howard's ability on offense is that he doesn't have a go-to move, yet. That's it. Howard can't score on Perkins using brute strength. It doesn't work. Howard has been more successful against Perkins using finesse moves. Perkins is one of the few players in the NBA that can use his lower-body strength to slow down Howard. However, Howard is starting to become more dominant against Perkins and soon he won't be stopped.

By the way, Orlando didn't win games in the Eastern Conference Finals because of Brandon freakin' Bass. The Magic were able to beat the Celtics due in large part to the brilliance of Jameer Nelson and Howard. It amuses me that people try to give ALL the credit to Bass, somehow, for doing what? Scoring 13 points in 32 minutes of playing time in the series? Give me a break.

Billy (slickw143)
Billy (slickw143)

@eazybreezy
That's really my only incentive. The Bulls just became my 2nd favorite team in the league, tied with the Lakers, because they have shots at Miami. The Bulls have a pretty good big man rotation now with Noah, Boozer, and Gibson. If they add another shooter or two to play off Rose, that's a really good team.

BPballa
BPballa

@Eddy

You make a lot of valid points. I used to think that Lebron would be the scape goat of this generation making a decision to leave Cleveland. But, after hearing there was going to be a "Decision" and all that jazz, I thought to myself, "You have got to be kidding me, since when does one guy who plays basketball for a living get more attention than either the president of the United State, or the fact that we have so many men and women fighting a war so that they overpaid jokers can have the luxuries of making such decisions?"

Again, don't get me wrong, I am a huge sports fan just like the next guy, but this has started to get a little out of hand. That being said, Orlando needs a spark off the bend like J.J., when our "starters" had such a hard time hitting the 3, J.J. came in a knocked down some huge shots to keep us in many games. I think you match the offer from Chicago and somehow find a way to bring Matt Barnes back as well. Matt Barnes gave us something we have not had in a while here in Orlando. The bad boy factor. The all out hustle on defense, and the not afraid to get chippy with the other "superstars" in the league that other guys are afraid to touch foul. I think some of Matt Barnes rubbed off on J.J. as well. J.J. has become a much better defender over the past 2 years, and I think that is where a lot of people get lost and say he is a liability on defense. Get out of the first couple of year, and J.J. has become a solid basketball player.

The only thing I will say about improvement is that the Magic lacked to things last year: Dwight Howard is still absolutely void of any post moves, and sometimes the rotation got hazy. As far as D12 goes, we have supposedly let Patrick Ewing coach this guy for how many years now, and he has no post moves whatsoever. The guy could hold a semi on his shoulders, but won't bang low, use the up and under move, and will settle for a running hook across the lane instead that is absolutely terrible percentage wise. Get D12 in the paint, hit him with some pads as if Kendrick Perkins or Shaq were guarding him, and make him get to the basket. Or get rid of Patrick Ewing and put kareem or russel in there to coach him. (Not that that would ever happen! haha) Then, with the rotation, get some more time for Bass and Anderson and let Rashard earn his way back on the court since he was absence the entire Boston Series. We won games in the series because Bass was more physical and clogged the lane more.

Anywho, I know that's a little off this subject, but being that we were only a few "effort" games away from being back in the finals, we need to bring back those who are hungry to make the Magic better, and let the rest go where they want.

Eddy Rivera
Eddy Rivera

@Alex

Redick isn't a liability on defense. That's not true, whatsoever.

@hulKK

LeBron is NOT a coward. That's an inane comment to make. LeBron chose to surround himself with great players. If LeBron is a coward for doing that, then Jordan is a coward for surrounding himself with Scottie Pippen, Horace Grant, John Paxson, Dennis Rodman, Steve Kerr, and a bevy of others. No offense but by your logic, every great player that has played in the NBA and won a championship is a coward for playing with other great players.

There's almost no such thing as loyalty in sports. You criticize people for being naive, but then you make a naive comment about loyalty. Why does LeBron have to be loyal to Cleveland? Because they got lucky with ping pong balls in the 2003 NBA Draft? And your history is off ... Dan Gilbert and the Cavaliers did not pay for LeBron's Hummer when he was in high school. His mother, Gloria, took out a loan and paid for the car.

@jwsloth

Duhon doesn't make Redick expendable. That doesn't make sense.

@Jayson

Too many guys? You can never have too many guys. Van Gundy went with a 10-man rotation last year, switching Anderson and Bass occasionally, and it worked. Players got consistent minutes, and knew their roles.

Keeping Barnes does nothing to improve the Magic, especially now that the Heat have James and Wade. Pietrus may be a dynamic player, but Redick is better than him.

@Showtime

An interesting take. I would agree, partly, because Redick can't guard guys like James, Wade, and others, but not many players can guard them anyway. Redick has value as a player, and it'd be foolish for the Magic to let him go because he, and almost the rest of the league, can't defend the best players in the NBA.

@bond

They said that last year about Gortat.

The Magic's payroll is higher than $79.4 million, for your information. Right now, with the Duhon signing, it's at roughly $87 million -- data courtesy of ShamSports.com, the best resource for player salaries and all that jazz.

Given that Orlando is all-in with trying to win a championship, they'll like match the Bulls' offer sheet and bring back Redick. I think people are overlooking the fact that the Magic's revenue stream is going to get a bump with the new arena. I also think people are UNDERESTIMATING the ownership's willingness to spend.

@magicman

How are the Magic in a pickle when they're knowingly paying the luxury tax, and intend of spending money for the foreseeable future? If Orlando brings Redick back, Pietrus and Gortat aren't going anywhere to cut costs. And how will Otis be roasted when he can keep Redick AND Gortat? I don't get it.

@JMagic

Simple enough.

@Adolfo

Umm ... I think it's a little too early to hit the panic button. Stop overreacting. The Heat haven't won a championship, yet.

Billy (slickw143)
Billy (slickw143)

@Adolfo

Yeah, Dwight will take the MLE and sign with the Heat in a couple years. There's my Chicken Little idea.

Adolfo
Adolfo

Good information from bond, I didn't know that. It will be very hard for the Magic to match the Bulls, I think that Magic management needs to think and plan about what will happen in the future, the Magic cannot upgrade the team with a big star player and now with the Super-Heat will be very difficult to win a championship and that probably will frustrate our D-Man and probably leave us in a couple of years, so what can the Magic do? C'mon guys give me your ideas.

bond
bond

For those that don't know, the NBA has 2 caps: the salary cap (soft cap) and the luxury tax.

The salary cap for 2010-2011 is $58 million (based on NBA revenues). You are allowed to exceed this cap to extend contracts of your own players and a few other exceptions.

The luxury tax level for 2010-2011 is $70.3 million. The luxury tax is a sort of "fine" levied by the NBA for exceeding a certain tax level including player salaries (salary cap). For every dollar you exceed the luxury tax level, you must pay the League a dollar as well.

The Magic's payroll for 2010-2011 is $79.4 million.

So that means if the Magic want to match the Bulls $20 million dollar offer sheet for JJ ($3.8 million current salary) they must pay the League $20 million as well, ultimately costing the Magic $40 million dollars to re-sign JJ.
To make things worse, the Magic are already committed to $84.6 million in payroll for 2011-2012! Then Dwight, Rashard, and Jameer are all free agents after 2012-2013!

Now knowing all this, do you still think the Magic should match the Bulls offer???

JMagic
JMagic

The Magic need to keep JJ. He is a valuable asset to this team. He is young with a lot of promise. I say keep JJ and forget Barnes. Let him keep tweeting or go play with the Heat and have Pietrus play at SF

Will
Will

If what Bond is saying is true, I change my mind. JJ is worth $19 million to me but not $40. Gortat wasn't worth $37 million (or whatever) to me and I'd rather have him then JJ. I change my mind.

JoeybarZ
JoeybarZ

So what ur saying is jj isn't worth 19 million but duhon is worth the 15... Not even close to accurate... Also, duhon doesn't make jj expendible... Jj makes his shots... Smh

Mikeyho
Mikeyho

This season is the opposite of last season for the Magic. I´m gonna guess Otis has to be feeling a little pressure right now. Are we signing Al Harrington? Can we compete with any of these teams that have so much money to spend? J.J. has to go unless we are the east coast Dallas Mavs.

magicman
magicman

The Magic are now in a pickle. If they want to keep JJ they will have to trade Gortat and Peitrus or Bass to create room under salary cap/luxury tax. They do have too many players that do the same thing. At the time last year matching Gortat made sense. Problem it cause a "rob peter to pay paul" situation for this year. Bottom line-what is more important to your team-JJ or Gortat? Good Luck Otis! You will be roasted for either decision pal.

bond
bond

Crazy to match the Bulls offer. Remember the Magic are already $10 million over the luxury tax. In order to match the Bulls $20 million offer, it would cost the Magic $40 million! It would be crazy to match.

Showtime
Showtime

JJ is a derivative of the defense getting broken down. Of course he followed Ray Allen through screens very well in the Boston series, but if you are thinking title, you have to play one on one defense against Wade, Kobe, Joe Johnson, or Jamal Crawford. This will causes your defense to become the derivative of help defense. JJ's inability to stay in front of these guys or need for post help opens too many lanes. Against good teams, too much help defense will kill you. Dwight is caught out of position a lot of times trying to help JJ from getting broken down. Time to move on Orlando

Jayson
Jayson

I'm kind of torn on this. I like JJ a lot. I like what he brings off the bench. I think he's a good pick-n-roll player. He's a great post entry passer. He's a knock down shooter. And I think he's actually a good defender (maybe not the most physically gifted guy but he's mentally tough and he plays smart defense).

All that being said, I think that the Magic had some problems last year because we had too many guys. I know that sounds like a stupid thing to say, but Van Gundy had some problems with the rotations. It's hard because anytime you go deeper than eight guys players get less consistent minutes and roles are not well defined.

I also think its more important to keep Barnes. I believe that he fits a role that we need on this team. And if JJ leaves then that gives us less depth, but Peitrus will get more minutes, since he'll likely backup both the 2 and 3. I think that he has always been a more dynamic player than JJ. And he brings great energy, freakish athleticism, and strong individual defense to the floor.

I don't know. This is a tough call, but I think I'm leaning toward letting him go.

Will
Will

We need to keep him. That's all I have to say.

Billy (slickw143)
Billy (slickw143)

@jwsloth
That is a very uninformed comment. Duhon is nowhere near the shooter that JJ is. JJ is also a much more efficient player overall. Hell, he had the highest ORtg last year in the entire league. He also is one of the best players the team has in regards to executing both the team offense and defense. He is the best in terms of chasing guys like Ray Allen off screens. The Magic need to match because they won't find anyone close to his value on the open market with the remaining amount left in our mid-level exception.

Reid
Reid

Please for the love of everything holy, do not let J.J. get away. He had is rough patch with the Magic, but the last two seasons he has proven his worth. J.J. dont leave

Adolfo
Adolfo

We need to match that offer...!!! J.J. is very important for the Magic...!!! I'm panicking, what do you think guys? I'm feeling very worried, do you see the Magic as a contender with no big player updates? Aaaahhh...!!!

jwsloth
jwsloth

Duhon makes JJ expendable.

hulKK
hulKK

I don't see Orlando could possible match this considering its a lot of bonus money up front that the Magic don't have. Plus if the Magic do find a way to match this then its gona take away ALL chances of resigning Matt...................Also, JJ is def! not worth 20million. This is a tough decision for Otis. Or not.

Otis is smart and I have faith in him. Too bad he'll prolly be fired becuz of giddy fans who panic and think the Magic can sign anybody and everybody. I've heard everything from signing D. Wade/Lebron to Jameer playing shooting Guard with Chris Paul playing the point. *smh* Some people are extremely Naive. Or stupid. This isn't NBA 2K11 where you can just sign who ever you want.

SN: Lebron is a coward. I still can't believe someone of his ability just punked out and took the easy way to win a championship. Whatever happen to loyalty and sticking it out for your team and more important YOUR HOMETOWN! If everybody did this it would be like the 49'er's and Cowboys in the early 90's when the NFL had no cap. It's gona the NBA SO predictable now. I guess Lebron forgot about how Dan Gilbert paid his mom's rent and fed him and his family when he was a broke high skool kid with no money. Who do you think bought him that Hummer and paid the doctor bills for his 1st child? I'm guessing it was the Cavs organization and Dan Gilbert.

Alex
Alex

Don't match. J.J. is great and consistent on offense but is a liability on defense. If we aren't going to get rid of Vince and we aren't signing Barnes then we need to focus our efforts on someone who is more defensively adequate to match up against the Kobes/Pierce's/Wade's/Lebron's. Those guys can really hurt us if we don't get an aggressive defender.

sep69
sep69

match the offer magic!!!!

JoeybarZ
JoeybarZ

If we don't match it's time to hang it up...