HoopsHype Jerry Reinsdorf rumors

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

But baseball, the elder Reinsdorf has said, is a far tougher business than basketball, and he has recommended that the Sox be sold after he passes. He has made no such pronouncement about selling the Bulls. "I think he's more involved in the Bulls now from a business perspective, now that I'm here, because I talk to him on a daily basis," Michael Reinsdorf said. "There are times I try to push off decisions to him, and he pushes it right back to me." Chicago Tribune

May 21, 2013 Updates

Reinsdorf says he is on better terms with the league these days. The family succession plan calls for the Reinsdorfs to retain their stake in the Bulls, while selling the White Sox. Michael Reinsdorf will take his father’s place. Jerry Reinsdorf said he doesn’t think there’s any baggage left from his disputes with the league. “David and I patched things up,” Reinsdorf said. “We get along real well now. But I act sort of irreverent to him. I think I’m the only guy who busts his balls from time to time.” Stern laughed when told of Reinsdorf’s assessment. “Actually, he’s quite wrong — he has much company in that respect,” Stern said. “His fellow owners have also broken the code, because they know I enjoy it. It makes me better to spar. “We enjoy a good poke back and forth, and we also have a good friendship and we share good memories of very good years.” Sports Business Daily

May 16, 2013 Updates

Derrick Rose indeed sat out every game following surgery to repair his torn left anterior cruciate ligament on May 12, 2012. "We didn't know and he didn't know," coach Tom Thibodeau said. "He heeded (Chairman Jerry Reinsdorf's) advice from the beginning to not rush it and make sure he's completely comfortable before getting out there. It's too important a decision for him to rush. Until he's completely comfortable, we don't want him out there. We knew this was a possibility and that's fine. You deal with it as best you can. We just want him to continue to work like he has been working. We want him completely healthy." Chicago Tribune

May 10, 2013 Updates
January 7, 2013 Updates

The Glove belongs in The Hall. And it could happen. The list of nominees for the Naismith Basketball Hall of Fame were released on Monday and Payton is among them for the first time. So was Bulls owner Jerry Reinsdorf, as well as returning guys like Bernard King who should be in. Of course, it’s never that simple with the Hall of Fame, which is an international hall of which the NBA is only part. Everybody on the nominee list goes before a nine-person panel and if they get seven yes votes move on to the finalist stage (who makes the cut is announced All-Star Weekend in Houston). A group of 24 writers makes the final votes later, the list of guys getting in comes out in April. NBCSports.com

November 6, 2012 Updates

Durham, a Chicago native, had been doing games for ESPN, but he called Bulls games from 1973 to 1991 and White Sox games in 1989 and 1990. ‘‘I was so sorry to learn this morning of Jim Durham’s untimely passing,’’ Bulls chairman Jerry Reinsdorf said in a statement. ‘‘Jim was the voice of the Bulls for 18 years, and he was the best at calling a basketball game I ever heard. I loved the energy he brought to our broadcasts, the way he painted a word picture of what was happening on the court, which made you feel like you were there, and his sense of humor. Chicago Sun-Times

September 5, 2012 Updates

Chicago Bulls chairman Jerry Reinsdorf and coach Tom Thibodeau have resumed negotiations about a contract extension for Thibodeau, according to a source familiar with the situation. The Bulls picked up Thibodeau's option for the 2012-13 season after last season. General manager Gar Forman has repeatedly stated that it is the organization's intention to lock up Thibodeau for the long term, even though talks appeared to have stalled earlier in the summer. ESPN.com

August 13, 2012 Updates

"The thing was, at the time, we were going through a rebuilding process, and I was practicing two hours a day and that was the thing that bothered me more than anything," Jordan said. "If I can go through two-hour practices, as intense as I practice, then when the game came, they gave me a seven-minute window (in each half) to play. That's when I felt more frustrated than anything. I felt more than anything they were positioning themselves for the draft and I didn't feel good being part of that. I felt I was an all-out player who didn't half-ass anything, and they wanted to move up (in the draft). I was a player, I wanted to play." ESPN.com

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