HoopsHype Real Madrid rumors

July 5, 2014 Updates

One source said Friday that Mirotic is hoping for assurances from the Bulls that he won't be traded before completing his roughly $3.4 million buyout from Real Madrid. But given how highly the Bulls have spoken of him since they sent two draft picks and cash to the Timberwolves for his draft rights in 2011, that seems a formality. Chicago Tribune

Per league rules, the Bulls can contribute up to $600,000 of Mirotic's buyout without that amount going on their books. Exceeding that would be considered a signing bonus and would take away valuable salary-cap space. That's space the Bulls most want to use to sign Anthony. Chicago Tribune

July 4, 2014 Updates
June 29, 2014 Updates

If Nikola Mirotic is truly done with his team in Spain and is headed to the States this week to meet with the Bulls, that was news to the Bulls on Sunday. According to one source, the team had not been informed that Mirotic had grown completely disenchanted with Real Madrid and was ready to wear Bulls red. Chicago Sun-Times

June 22, 2014 Updates
June 11, 2014 Updates

Okay, there were rumors we were talking with Rudy Fernandez agent, and it was clear at the time it wasn't for this postseason. Think that is still a possibility? Darnell Mayberry: I spoke with someone close to Rudy and was told that was a bunch of smoke. Oklahoman

Mirotic would have to pay 2.5 million euros this summer but he wouldn't have to pay almost anything if he leaves in 2015. TuBasket.com

June 9, 2014 Updates
May 24, 2014 Updates
April 30, 2014 Updates

Given the sizable buyout required to free Mirotic from his Spanish obligations -- and with Chicago able to kick in only $600,000 toward that buyout that wouldn't count against the salary cap -- it's conceivable Chicago might even ask its talented frontcourt prospect to stay abroad for a fourth successive season since he was drafted. It's hard to see how the Bulls could manufacture the needed financial flexibility to add a high-dollar free agent and Mirotic. The good news is 2011's No. 23 overall pick said earlier this month in an interview with Spain's Canal Plus that he's fine with playing one more season in Madrid, which he calls "home for me." ESPN.com

April 28, 2014 Updates

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