Jerry Reinsdorf Rumors

Those close to Thibodeau say that Reinsdorf’s statement stung the coach on Thursday, that he had treasured his relationship with the owner. Thibodeau has always admired Reinsdorf’s accomplishments – a self-made tycoon, a successful sports and media mogul – and always felt that Reinsdorf had been an ally for him. Reinsdorf wasn’t around much, though, and talked far more with management than the coach. Thibodeau lost Reinsdorf in the past year, and ultimately lost the job.
The Bulls have been in a bind because of the Thibodeau situation. Team owner Jerry Reinsdorf has a long-standing aversion to paying coaches who are not currently working for him, but for the Bulls to be rid of Thibodeau, they would have to either fire him or move him to another team — a trade, of sorts, like the one that sent Doc Rivers from the Celtics to the Clippers in 2013 for a draft pick.
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Chicago Bulls Chairman Jerry Reinsdorf said Sunday he is ready to “move on” after issuing a strong rebuke last week to a Chicago Sun-Times story that reported “tension” between point guard Derrick Rose and the team. Speaking Sunday to co-hosts Bruce Levine and Barry Rozner on WSCR-AM (670), Reinsdorf reiterated his disdain for the story. “The article infuriated me,” Reinsdorf said. “I put out a statement and said what I felt I had to say.”
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Bulls chairman Jerry Reinsdorf released a statement Thursday night regarding a report in the Chicago Sun-Times about a “rift” between Derrick Rose and the organization. “I am confounded by the irresponsible report in the Chicago Sun-Times suggesting there is anything approaching discord or confusion between the Bulls executive office, coaching staff, and Derrick Rose or any other Bulls player. To the contrary, I can remember no time when the organization has been any more focused, optimistic, and cohesive,” Reinsdorf wrote. “I’ve got to assume suggestions otherwise are intended to undermine the goals and objectives, spirit, and reputation of the Chicago Bulls. I am deeply disappointed that unnamed sources and totally inaccurate statements and assumptions can be used to foment nonexistent friction. The report is totally without basis or fact. It is pure malicious fiction.”
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Despite Rose confirming to the Sun-Times that there has been growing tension, Bulls chairman Jerry Reinsdorf issued a strongly worded statement Thursday night disputing the idea of any problems. “I am confounded by the irresponsible report in the Chicago Sun-Times suggesting there is anything approaching discord or confusion between the Bulls executive office, coaching staff, and Derrick Rose or any other Bulls player. To the contrary, I can remember no time when the organization has been any more focused, optimistic, and cohesive. I’ve got to assume suggestions otherwise are intended to undermine the goals and objectives, spirit, and reputation of the Chicago Bulls. I am deeply disappointed that unnamed sources and totally inaccurate statements and assumptions can be used to foment nonexistent friction. The report is totally without basis or fact. It is pure malicious fiction.”
As for Anthony, league sources said he delayed his decision because he understood how strong the fit was for him in Chicago basketball-wise. He also connected with the organization during his in-person Chicago visit on July 1, particularly at a dinner with Gibson, Joakim Noah, Scottie Pippen and team Chairman Jerry Reinsdorf, among others. Signing him with cap space means the Bulls will have to get creative to add Mirotic and address perimeter depth. An amnesty of Boozer gives the Bulls roughly $10.3 million of space, much of that earmarked for Gasol.
After meeting at the facility and discussing the team’s pitch, the group went to dinner at the Peninsula Hotel in downtown Chicago. Anthony, Noah, Rose, Gibson, Thibodeau, Jerry Reinsdorf, Gar Forman and Scottie Pippen were all in attendance at the dinner, according to sources. The Bulls left the meeting and dinner feeling very confident that Anthony is seriously considering signing with Chicago, according to sources close to the situation.
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.”
“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.”
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.”
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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.”
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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.”
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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.
“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.”