Archive for the 'jerry reinsdorf' Category

01
Aug
08

Reinsdorf as owner of the Bulls

I just found (via blogabull) this outstanding post by Kelly Dwyer about Jerry Reinsdorf as the Bulls owner. Every Bulls fan needs to read it because if you don’t know this about Reinsdorf, you need to. It will shape how you view the Bulls organization.

I love the Bulls and the White Sox. Reinsdorf owns both. He is a fantastic baseball owner and a terrible basketball owner. I don’t have a source for this, but I’ve read multiple times that he said he’d trade all of his Bulls championships for one Sox World Series. This mentality is played out in how he spends on each of his teams.

Important points from Dwyer’s article/post:

Since Michael Jordan left the team in 1999, the
Bulls have been the league's most profitable franchise by far. The team
doesn't rake in money comparable to the Lakers or Knicks, but they don't spend
the same amount of money either. The team is swimming in profits.

This is hugely important. I believe that the more profits a team makes, the more it should spend. Not that it shouldn’t remain profitable, but there should be commitment to winning and spending is a part of that. Owners in any league that take advantage of their fans’ lack of knowledge or utter loyalty by not spending as much on their team as can be afforded don’t deserve to be owners and should be forced out of their leagues. I can’t imagine how frustrating it would be to be a Memphis Grizzlies fan.

You watch. The team has about seven and a half million
dollars to spend this summer before it hits the luxury tax, and though Ben
Gordon is worth about eight million a year, the team will find a way to worm
its way out of sending money to the team's leading scorer and hardest worker.

The Bulls don’t owe Gordon a contract because he’s their hardest worker. If he doesn’t fit, he doesn’t fit. I love Gordon but am not positive keeping him is the best move. That said, this situation will go down as Dwyer describes. It’s important to note that when it does, the Bulls will tell us they wish they could have got something done when really everything is going according to their plan.

The rookie salary scale was the best thing to ever happen to
the Bulls, because they can hold potential and promise in your face while
keeping eight figure contracts at arm's length, and by the time you've talked
yourself into believing that the lottery-derived hotshot from four years ago
has too many holes to retain, the Bulls have taken advantage, moved on, and
picked up another shiny piece (Derrick Rose!) for you to get distracted with.

Nothing else to say here. This is just the case.

And he has his guys. Gordon, Tyrus Thomas, Joakim NoahAndres Nocioni ... those are his guys. Scrappers. Plucky sorts. Reinsdorf is just
fine with a second round exit with a team that makes him money and reminds him
of the 1970 New York Knicks.
probably ... he doesn't mind it when his basketball braintrust drafts these
sorts, but he doesn't want to be the one handing eight-figure a year contracts
to them. Hinrich, Deng, Chandler,

It’s true. He wants the Bulls to make the playoffs (and win a championship for that matter) because then they are more profitable. The point is that he can build a playoff team without spending too much while it would take breaking the bank (or being extremely lucky over the course of several years) to win a championship. Given that he’s not going to break the bank and has to pay some players to give off the appearance of a team that’s trying to win, he only pays the guys he really likes. KC Johnson wrote today the Deng’s commitment to community and charity work was vital in his negotiations. While that commitment makes Deng a cool and great person, what does it have to do with whether or not he deserves the largest contract in team history?

Neither Dwyer nor I are saying the Deng signing was bad, just that it’s the same old smokescreen tactics from Reinsdorf. For that matter, Dwyer also admits that he could be and hopes to be wrong:

6). And if the Bulls
re-sign Gordon to a sizeable deal? If they pay the luxury tax?
I will dance to this song, repeatedly. I
will warm myself thinking about the possibility of the Bulls showcasing an
offense that is above average in offensive efficiency, at least by the year
2011.
And I will come on here and offer a mea culpa. But only if
they pay the luxury tax.

Seriously though, go read his entire post. Great, enlightening and I believe true stuff.

Go Sox! While I’ll continue to be frustrated by Reinsdorf’s handling of the Bulls, here’s to hoping that the Sox can hold on and make the playoffs. Their roster, by the way, features seven players who make over $10 million per year and an eighth making $9.5 million.




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