While the Bulls aren't expected to make any radical moves this offseason, Free Agency Eve still represents calm before the storm. The Bulls have a number of holes in their roster, and a seemingly infinite number of solutions exist to help fill those holes.
Mat took a look first at the players who were on the team last year who either are or could be free agents this summer. This does not necessarily reflect his opinion of these players; he is merely predicting what the Bulls' front office will do. (All contract information sourced from ShamSports.com.)
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Bye-bye, C.J. Watson. The drafting of Marquis Teague almost certainly guaranteed your demise. John Lucas III will probably be gone too, off making too much money for someone else.
The Bulls' shooting guard situation remains a big question mark, and yet, Mat fully expects Ronnie Brewer to be released from the non-guaranteed final year of his contract. Brewer struggled offensively, an area in which the Bulls are lacking, and they could probably call on Jimmy Butler to help replace Brewer's outstanding defense.
Kyle Korver is the most likely to be brought back of the three bench mob players with non-guaranteed contracts (Watson & Brewer being the other two), but he's also the highest-paid. The Bulls can afford to wait and see how free agency goes before making a move on Korver; Watson and Brewer's contracts are fully guaranteed if they're not cut by July 10, but Korver's contract doesn't have a guaranteed-by date.
Ultimately, Mat thinks the Bulls will be forced to keep Korver. His skillset is too unique on the Bulls' roster and there are too many question marks at the positions he's capable of playing. Mat wouldn't be surprised, though, if Korver is gone should the Bulls find a cheaper replacement in Free Agency.
Omer Asik is the most sought-after Bulls free agent (no offense, JL3). He's a restricted free agent, though, so the Bulls have the ability to match any offers made by other teams to keep him. The team has indicated that they'll match him at all costs, and, as a former second-round draft pick, he falls under the Gilbert Arenas rule. This means he can't be offered more than the mid-level exception for the first two years of his contract, which makes him a great value for the Bulls.
There exists the very realistic possibility that a team like Houston, desperate for a center, offers Asik a back-loaded contract that prices him out of the Bulls' range. The Gilbert Arenas rule limits the amount of money Asik can make in his first two years, but a team under the salary cap can offer him a bigger payday after that. Mat can see a scenario in which Asik is offered a contract worth $28 million over 4 years that pays out $5 million in the first two years and $9 million in the last two; the Bulls might (understandably) balk at a backup center making $9 million.
Still, the Bulls seem to understand Asik's value, both as a player and as a trade chip considering his limited salary. Mat sees no reason not to take management at their word when they say Asik will be brought back.
Mat's final verdict: Korver and Asik retained; Watson, Brewer and Lucas let go.
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