HoopsHype Jerry Reinsdorf rumors

April 9, 2014 Updates

KC Johnson: USA Basketball chairman Jerry Colangelo said he had lunch with Bulls Chairman Jerry Reinsdorf last week and got positive updates on DRose. Colangelo: "If Derrick's capable, he's going to find out at camp about where he is. For his own peace of mind, he needs to know that anyway. Twitter @KCJHoop

March 18, 2014 Updates

The New York Knicks introduced Phil Jackson as team president Tuesday, and during a wide-ranging news conference, he spoke positively of his relationships with Bulls Chairman Jerry Reinsdorf and former general manager Jerry Krause. Given the occasionally acrimonious relationship with Krause, particularly as the Bulls' dynasty neared its end, the words resonated. And they reached Krause in Arizona, where is employed by the Arizona Diamondbacks. "I appreciate what he said," Krause told the Tribune by phone. "I appreciate he understands the difficulties of the job." Chicago Tribune

March 3, 2014 Updates
January 30, 2014 Updates

Chicago Bulls vice president John Paxson said Wednesday he would never ask Derrick Rose to recruit and doesn't believe the star guard's reluctance to do so will prevent the team from landing free agents. "I personally would not have been comfortable doing that as a player. That was me, so I expect and appreciate where Derrick is coming from," Paxson said on "The Waddle & Silvy Show" on ESPN Chicago 1000. "I would never tell a player, I don't think [owner] Jerry Reinsdorf or [general manager] Gar [Forman] would tell a player, 'Look, you have to do this.' If a player wants to do it, great. If he doesn't, that's his choice." ESPN.com

"I know that Derrick has relationships with a lot of guys around the league. He spends his summers in L.A. working out with a lot of guys and I know he's got great relationships with people," Paxson said. "I do firmly believe that when you're around people you can sell yourself just being the person that you are, and we all know Derrick is a terrific young man. "I don't see that as an impediment to us getting players here. I think at the end of the day people know who Derrick is and there are a lot of guys who would like to play with him." ESPN.com

January 28, 2014 Updates

The 2011 labor talks were a masterpiece for Stern, despite the fact he was no longer the absolute ruler he had been for 20 years, when Bulls/White Sox owner Jerry Reinsdorf, a force behind the scenes in baseball, didn’t attend NBA meetings, saying everything was already decided. Two sources in the room described an exchange between Stern and the Clippers' Donald Sterling at an owners meeting in Las Vegas in the run-up to the lockout. Pressed by Stern for his opinion, Sterling demurred, then blurted, “I would fire you. You're great at marketing but you're not tough enough with the union.” Forbes.com

January 23, 2014 Updates

The NBA this year expects $5.5 billion in annual revenue, and one of the league’s small-market teams, the sold for more than $500 million. “When I got into the league, our central revenues outside of ticket sales were less than $1 million,” said Chicago Bulls Chairman Jerry Reinsdorf, who bought the Bulls in 1985 for $16 million. “David took basketball from a sport that had its Finals on tape-delay television to a worldwide sport. There was no marketing when I got into the league. He was determined to bring what was a second-class sport into a world-class sport. You have to give him the majority share of the credit.” Sports Business Daily

January 1, 2014 Updates

The salary dump could have dropped the Bulls below last season's luxury tax threshold. But sources indicated at the time the Bulls refused to entertain those offers, with Chairman Jerry Reinsdorf signing off on the tax payment to keep the first-round pick. That example should quell any lingering whispers of the Bulls trading Luol Deng for Andrew Bynum, whom the Cavaliers are shopping after suspending him for conduct detrimental to the team. The second half of Bynum's $12.25 million salary can be waived before Jan. 7. That means, if the Bulls were to trade Deng for Bynum and waive him, they could save roughly $20 million in salary and tax payments. That isn't happening, according to sources. Chicago Tribune

November 25, 2013 Updates

“Like Bulls fans everywhere, I was heartbroken when I heard of Derrick’s injury. We are happy to know that, according to his doctors, his surgery was successful, and in time, Derrick is expected to make a full recovery,” Bulls owner Jerry Reinsdorf said via press release. “Everyone at the Bulls knows firsthand how extremely hard Derrick worked to return to the court this year, and I have no doubt he will do the same with regards to his recovery from this injury. Despite Derrick’s absence, this is still a good team. I know from last year, this team and coaching staff will continue to make our fans proud.” NBC Chicago

Jeff Zillgitt: Bulls owner Jerry Reinsdorf: "Like Bulls fans everywhere, I was heartbroken when I heard of Derrick’s injury. We are happy to know that according to his doctors, his surgery was successful, and in time, Derrick is expected to make a full recovery." Twitter @JeffZillgitt

November 23, 2013 Updates
July 28, 2013 Updates

Both Reinsdorfs said Michael's involvement in the Bulls — and not the Sox — is due to Jerry's schedule. Jerry snowbirds in Arizona during basketball season and is heavily involved in daily operations with the baseball team. "I found that I was unable or unwilling to devote the time to the Bulls that needed to be devoted," Jerry Reinsdorf said. "He was fully ready to step into that position. And I always felt that I undermanaged the Bulls by not being there on an everyday basis." Chicago Tribune

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