Bulls and Noah agree to 5 year, 60 million deal

[QUOTE=Clocian-IGN]While the team learned that free agent power forward Carlos Boozer would be lost with a fractured right hand, league sources confirmed the Bulls have come to an agreement with Joakim Noah on a contract extension.

Sources said the deal is for five years and is worth about $60 million. It would go into effect after this season.

An announcement is expected this week.

Noah would be just the second player from the rookie Class of 2007 along with Kevin Durant to agree to an extension.

[URL="http://blogs.bulls.com/2010/10/bulls-reach-contract-agreement-with-noah-sources-say/"]http://blogs.bulls.com/2010/10/bulls-reach-contract-agreement-with-noah-sources-say/[/URL]

:rockon:[/QUOTE]

This extension is probably what Al Horford will get with the Hawks.

[QUOTE=ZenMaster]10 points, 11 rebounds, 2 assists and 1.6 blocks per game in 30 mins.

Here's a list of the players that gave you 10-10-2-1 or better last year:

Wallace
Pau
Duncan
Noah[/QUOTE]

What about D Howard?

:roll: This has to be one of the worst signings this year.

12 million dollars a year for a player who is a hustle player and a rebounder and defender? 12 million dollar is Carlos Boozer money, Zach Randolph money, Joe Johnson money, Rudy Gay money. Joakim frigging Noah? No more then 8 million a year. Sorry Bulls fans. Overpriced, unless he becomes an offensive threat.

[QUOTE=Papaya Petee]:roll: This has to be one of the worst signings this year.

12 million dollars a year for a player who is a hustle player and a rebounder and defender? 12 million dollar is Carlos Boozer money, Zach Randolph money, Joe Johnson money, Rudy Gay money. Joakim frigging Noah? No more then 8 million a year. Sorry Bulls fans. Overpriced, unless he becomes an offensive threat.[/QUOTE]


No need to feel sorry for us feel sorry for yourself.

I am, as are most Bull's fans, okay with the contract.

[QUOTE=Sarcastic]What about D Howard?[/QUOTE]

1.8 assists, should be on the list though.

You cant compare it with JJ's horrendous contract but I really dont think hes worth that much.. Although Varejao is probably on the same money so its prob about right...

I still dont get the hype though, should have traded his and dengs asses for melo:facepalm
:facepalm


Hope those hustle guys get you out of the first round... Doubt it though:no:

[QUOTE=coin24]You cant compare it with JJ's horrendous contract but I really dont think hes worth that much.. Although Varejao is probably on the same money so its prob about right...

I still dont get the hype though, should have traded his and dengs asses for melo:facepalm
:facepalm


Hope those hustle guys get you out of the first round... Doubt it though:no:[/QUOTE]

Of course they won't.

But Rose and some great team defense might.

[QUOTE=Undisputed]Let's see how the new CBA turns out before talking like this.[/QUOTE]

Huh, wonder why the Bulls aren't thinking about the new CBA before extending a guy that would be a restricted free agent next year?

There's absolutely no way you can look at this as a good deal. Worst case scenario is the new CBA stays exactly the same, no lockout. Next summer Noah becomes a restricted free agent.

Who's going to have cap space to offer Noah a contract next summer? New Jersey? Pretty sure they're set at C. New York? Sure, but I'd imagine they'd have their sights set higher.

I'm fine with teams "overpaying" for their guys if they have to. The Bulls didn't have to. You only really need to overpay if:

1) The player is an unrestricted free agent
2) You play for a small market team
3) Multiple other teams can and will offer your player a big contract

1 and 2 don't apply. I don't think (but I'm not sure) that many teams will have significant cap space next summer. #3 applies to someone like Durant. Any team with space would offer him a contract, so you need to wrap him up. I'd be shocked if any of those teams offered Noah a contract above what he just signed. What's the harm in letting Noah actually SET his market value?

As it was, the Bulls bid against themselves and wound up overpaying. We're going to be talking about this huge contract from Noah a few years down the road after the new CBA kicks in since the Bulls could have avoided this, Guarensheed.

Do the Bulls EVER learn from their mistakes? This is Dengs contract all over again. Could be worse though, Gordon could've signed that kind of extension and we really would have been screwed.

One decent yr so far, and it was even plauged with foot problems. This is a horrible signing and will haunt us for years to come. How long can a guy his size stay a high energy guy? No wonder we cant sign a real superstar, our FO is the biggest joke in the NBA. Who wants to play for a team that keeps over paying second teir talent and cant pay the stars?

good deal for him

incredibly overpaid. then again, so is every decent big man on the market more or less; what could the Bulls really do? Someone was bound to offer Noah that kind of money regardless during his UFA, so a contract of that sort was inevitable. A big thing here now is the Bulls HAVE to give Rose at least 13/14 mil per and likely 16 mil-ish/per, which just DESTROYS their cap space.

Rose + Deng + Noah + Boozer is a terrific core but they're not legitimate title contenders without some pieces and their cap will be completely saturated.

He may just be a roleplayer... but for the position he plays, pathetically he is one of the better centers in the NBA. Not as overpaid as people think imo.

This is a great deal for the Bulls. Noah is a legit starting C that gives you exactly what you want from that position and that's rebounding, defense and toughness. And being only 25, the Bulls have him locked up for his best years. He's not incompetent on offense either. I'd rather have Noah at C than David Lee and when you look at the market set with recent signings/extensions given to guys like Aldridge, Lee, Haywood and Bargnani, the Bulls got a good deal here IMO.

[QUOTE=lurch67]Do the Bulls EVER learn from their mistakes? This is Dengs contract all over again. [/QUOTE] No it's not.

[QUOTE]One decent yr so far, and it was even plauged with foot problems.[/QUOTE] He has consistently shown that when he has been given minutes he keeps the 10+/10+ average. And his foot problems were only big towards the end of the season, which isn't a deal anymore.

[QUOTE]This is a horrible signing and will haunt us for years to come. How long can a guy his size stay a high energy guy? No wonder we cant sign a real superstar, our FO is the biggest joke in the NBA. Who wants to play for a team that keeps over paying second teir talent and cant pay the stars?[/QUOTE]
And then when we don't sign him you whine and ***** about how the front office is stupid because we can't keep our players.

Dalembert/Tyson Chandler all over again.

[QUOTE=Pharcyde]Carmelo alone would have been making close to what those 2 make combined.[/QUOTE]

Franchise player > 2 role players.

It seems ppl who arent bulls fans think its more so overpaid and bulls fans think its a good signing. I am a bulls fan and think he was overpaid. I love the energy, hustle, rebounding, passion and heart noah brings every nite. Is it really worth 12mill/year??? I think we should have waited at least until we saw him play with Boozer and see if he can keep up the same type of stats as well as improve on them with an offensive force playing alongside him. Noah is still light in the weight department and gets pushed around by the bigger C in the league. Noah is the only C that weighs under 250. Maybe they know something at the Berto Center we dont know but the only way to justify this signing is if he can average 15+ppg and 11+rpg along with 2bpg....

Noah is one of the best Centers in the game. He may not be the most talented, but he works harder than most and doesn't have the injury resume of some of the other top centers (Bynum, Yao, Bogut)

If some like David Lee or LMA can make $13m per year or whatever they make, Noah at $12m per year is not a bad deal at all. Fact is every top player relative to their position gets overpaid, not sure why this would come as a surprise or come off as a bad deal.

[QUOTE=Pharcyde]No it's not.

He has consistently shown that when he has been given minutes he keeps the 10+/10+ average. And his foot problems were only big towards the end of the season, which isn't a deal anymore.


And then when we don't sign him you whine and ***** about how the front office is stupid because we can't keep our players.[/QUOTE]

This kind of money should be reserved for players you build around, not for players you add in around the central piece(s). Noah is not some one who a team can build a championship around. $8mil/ yr would have been more than enough.

This FO has overvalued and overpayed its players since the departure of The Slueth. We don't even have tradable assets because if they show any sort of talent, GarPax signs them to a contract extension such as Deng's or Noah's. Then you're stuck with average to slightly above average talent thats over priced, unable to put them into any trades that would improve the team.

[QUOTE=lurch67]This kind of money should be reserved for players you build around, not for players you add in around the central piece(s). Noah is not some one who a team can build a championship around.[B] $8mil/ yr would have been more than enough.[/B]

This FO has overvalued and overpayed its players since the departure of The Slueth. We don't even have tradable assets because if they show any sort of talent, GarPax signs them to a contract extension such as Deng's or Noah's. Then you're stuck with average to slightly above average talent thats over priced, unable to put them into any trades that would improve the team.[/QUOTE]
It would not have been enough.
Look what Haywood got 5/50 or something ridiculous. $10m per.
Haywood is about as average as you can get at the C position. Noah is above average.
David Lee 6/80.

If Chicago did not pay him this, someone gladly would have (assuming they could have in the new CBA)

[QUOTE=ChuckOakley]Noah is one of the best Centers in the game. He may not be the most talented, but he works harder than most and doesn't have the injury resume of some of the other top centers (Bynum, Yao, Bogut)

If some like David Lee or LMA can make $13m per year or whatever they make, Noah at $12m per year is not a bad deal at all. Fact is every top player relative to their position gets overpaid, not sure why this would come as a surprise or come off as a bad deal.[/QUOTE]

Hardly a surprise but to say its not a bad deal because x,y,z got overpaid as well? I dont understand. Its like someone saying Iggy contract is bad and I argue no its not. Look at what Rudy Gay and Joe Johnson recieved. Elton Brand contract is bad. No its not, look at what Amare Stoudemire is getting.

For those of you who say he is being overpaid, then compare him to the rest of the bigmen of the league. Brendan Haywood got 6 years 55 million. Which of course is less than Noahs, but he is 30 years old, and Noah really has shown a great deal of promise in his young career. Bargnani got 5 years 50 mil a few years back for being more of a perimeter oriented center. Bynum Makes nearly 14 million a year and has been in and out of the lineup his entire starting career. The point is, a lot of bigmen in the NBA are paid big bucks. In my eyes, yes they are overpaid. But compared to the rest of the league, Noah's contract is right at the norm in terms of shelling out money to young centers.

Noah's production the the glass and defensive intensity warrants this deal. He provides you with what a real center should give you. A defensive presence and knack for rebounding. Think about it. There are not a lot of guys in the league who have those attributes. He is going to bring it every time he steps on the floor. Natural centers are very sparse in the league, and if you got one of Noah's caliber, then you have to pay.

[QUOTE=GOBB]Hardly a surprise but to say its not a bad deal because x,y,z got overpaid as well? I dont understand. Its like someone saying Iggy contract is bad and I argue no its not. Look at what Rudy Gay and Joe Johnson recieved. Elton Brand contract is bad. No its not, look at what Amare Stoudemire is getting.[/QUOTE]
Contracts are relative to each other.

Everyone gets "overpaid" or so we think, but it's market value. It's what GMs are willing to give out. I also used examples of contracts given out this summer, so it truly is market value. I'm not comparing him to Iggy or Brand or contracts given out years ago.

I think it's easier to look back and say someone is overpaid, like a Brand, but for now, Noah got market value as the contracts of his peers show.

It's a lot of money, but it's not overpaid. If Chicago did not pay him that, someone else would have gladly.

I'm still waiting for some kind of reason as to why the Bulls HAD to extend him now instead of letting him play out his contract and become a restricted free agent. There will be a new CBA after this year, and it's likely that the cap will go down along with max contracts. That will drive everyone's contracts down.

Why not wait until the CBA comes in and then see what Noah's value is in the NEW market? They could have saved 10s of millions had they done this. Instead, they let the player assume a position of power when the organization was in the drivers seat. They bid against themselves and it's going to bite them in the ass.

It's going to be fun watching Mozgov dominate Noah. :lol

[QUOTE=craiye]I'm still waiting for some kind of reason as to why the Bulls HAD to extend him now instead of letting him play out his contract and become a restricted free agent. There will be a new CBA after this year, and it's likely that the cap will go down along with max contracts. That will drive everyone's contracts down.

Why not wait until the CBA comes in and then see what Noah's value is in the NEW market? They could have saved 10s of millions had they done this. Instead, they let the player assume a position of power when the organization was in the drivers seat. They bid against themselves and it's going to bite them in the ass.[/QUOTE]
That's what I was wondering too.
I guess the only two things I can think of are, another team offers way to high an offer and Chicago gets cold feet about matching or.... There's also so much uncertainty with the new CBA.. maybe it's better they extend him now and let him get grandfathered in?

[QUOTE=ChuckOakley]That's what I was wondering too.
I guess the only two things I can think of are, another team offers way to high an offer and Chicago gets cold feet about matching or.... There's also so much uncertainty with the new CBA.. maybe it's better they extend him now and let him get grandfathered in?[/QUOTE]

Still, what teams even have the cap space to offer Noah a contract bigger than what he just agreed to? NJ and NY are the only two I'm aware of. NJ wasn't going after him and I'd doubt NY would pull out an offer that big.

[QUOTE=craiye]Still, what teams even have the cap space to offer Noah a contract bigger than what he just agreed to? NJ and NY are the only two I'm aware of. NJ wasn't going after him and I'd doubt NY would pull out an offer that big.[/QUOTE]
Indiana
Sacramento
Washington
LAC
NY
NJ
Minny
Toronto
Cleveland

..maybe others, but I could be wrong on some of those.

[QUOTE=ChuckOakley]Contracts are relative to each other.

Everyone gets "overpaid" or so we think, but it's market value. It's what GMs are willing to give out. I also used examples of contracts given out this summer, so it truly is market value. I'm not comparing him to Iggy or Brand or contracts given out years ago.

I think it's easier to look back and say someone is overpaid, like a Brand, but for now, Noah got market value as the contracts of his peers show.

It's a lot of money, but it's not overpaid. If Chicago did not pay him that, someone else would have gladly.[/QUOTE]

It is overpaid because other players got overpaid in the process. What he is getting paid his performance on the court will not scream [I]"Worth it!"[/I]. But I'm forced to believe it is because Haywood got a ridiculous contract? Uhh ok. Because another team would have overpaid him if Chicago didnt makes it ok? Uhh ok part II.

Noah is gonna have to improve his offensive game this season to earn this deal.

[QUOTE=ChuckOakley]Indiana
Sacramento
Washington
LAC
NY
NJ
Minny
Toronto
Cleveland

..maybe others, but I could be wrong on some of those.[/QUOTE]
Which of those teams would really make a run at Noah though?

Sacramento, LAC, Washington, Indiana and NJ already have good players or prospects at C. I don't see NY getting terribly exited by Noah, they'll try for Melo. Noah doesn't play PG or PF so Minny is out.

Toronto and Cleveland are the only two that have a need. I don't see Cleveland blowing big money on Noah without any other big time player (plus he's too redundant with Andy). Toronto is the only one I think may make a serious offer, but I'm not sure Noah would even seriously consider playing there. He seems to like the bright lights of the big city.

[QUOTE=GOBB]It is overpaid because other players got overpaid in the process. What he is getting paid his performance on the court will not scream [I]"Worth it!"[/I]. But I'm forced to believe it is because Haywood got a ridiculous contract? Uhh ok. Because another team would have overpaid him if Chicago didnt makes it ok? Uhh ok part II.

Noah is gonna have to improve his offensive game this season to earn this deal.[/QUOTE]

All the players [I]are[/I] overpaid.

60 Mil isn't a gross deal, non Bull's fans underrate what Noah brings to the table.

We're known as a cheap franchise yet we overpay(ed) Kirk, Deng, and Noah.

I guess now we can debunk the myth that the Bulls are a cheap and disloyal franchise we just put a lot of faith and coin into Joakim.

The board is going to go nuts when Rose gets his deal.

[QUOTE=GOBB]It is overpaid because other players got overpaid in the process. What he is getting paid his performance on the court will not scream [I]"Worth it!"[/I]. But I'm forced to believe it is because Haywood got a ridiculous contract? Uhh ok. Because another team would have overpaid him if Chicago didnt makes it ok? Uhh ok part II.

Noah is gonna have to improve his offensive game this season to earn this deal.[/QUOTE]
Like I said it's all relative.
Noah got paid a fair deal relative to his peers.. both 2010 free agents and big men.. they are paid a lot, but not overpaid, as the market dictates.
Supply and demand in the marketplace will set the price. Noah got a fair, non-overpaid deal.

Meanwhile list me some C's in the past 2 years or so that got paid, and are underpaid or paid fairly according to you.

Time to go on record.

[B]Noah will never play well enough to actually earn that huge contract.[/B]

60 mil is not a huge contract...you exaggerate.

[QUOTE=GOBB]It is overpaid because other players got overpaid in the process. What he is getting paid his performance on the court will not scream [I]"Worth it!"[/I]. But I'm forced to believe it is because Haywood got a ridiculous contract? Uhh ok. Because another team would have overpaid him if Chicago didnt makes it ok? Uhh ok part II.

Noah is gonna have to improve his offensive game this season to earn this deal.[/QUOTE]



Previous contracts set the market value. It's not like we have an index that tells us exactly how much each player is worth.

[QUOTE=bdreason]Previous contracts set the market value. It's not like we have an index that tells us exactly how much each player is worth.[/QUOTE]

We have a max set/designated for franchise players. We have an idea of who is worth what. $12mil a year for Noah when the max is $16mil and some change? Ummm yeah, he's not overpaid. I guess that energy and hustle is worth more than I'm giving him credit for. Tell me, can Noah score or does he rely on garbage buckets? Is Noah a DPOY caliber talent? But he does something that is worth $12mil per. Oh wait, no he doesnt. He's just fallin in line with other moronic contracts given out by GMs. So therefore one cant criticize nor label his deal as overpaid. Silly me. :facepalm

[QUOTE]Noah got a fair, non-overpaid deal[/QUOTE]

No he got overpaid. Keep arguing tho. :confusedshrug:

[QUOTE=Go Getter]60 mil is not a huge contract...you exaggerate.[/QUOTE]

12m a year for a guy who's only reached 10/10 once in his career, and a second best season of 7/7, with injury issues who's never played more than 30 mins a game for a season and a history of getting in foul trouble constantly, is certainly huge.

[QUOTE=Go Getter]All the players [I]are[/I] overpaid.

60 Mil isn't a gross deal, non Bull's fans underrate what Noah brings to the table.

We're known as a cheap franchise yet we overpay(ed) Kirk, Deng, and Noah.

I guess now we can debunk the myth that the Bulls are a cheap and disloyal franchise we just put a lot of faith and coin into Joakim.

The board is going to go nuts when Rose gets his deal.[/QUOTE]

What does he bring to the table worth $12mil?

1.
2.
3.
4.
5.

If your argument revolves around what player x,y,z got for contracts and how Noah is better? Then that wouldnt explain what Noah brings to the table. This is the only argument I'm recieving. So and so got this so what Noah got is ok. Its like since Noah deal broke as news? The word overpaid no longer exists when talkin about NBA players and thier contracts.

Everyone who keeps saying "why sign him now? the cap's going down." Remember when this year's cap was going to "drastically decrease?" Then it went up? Until I the new CBA's ratified by both sides it's pretty pointless to speculate, no matter what kind of numbers the league puts out about how bad they're hurting since they've clearly been wrong about that in the past.

[QUOTE=GOBB]What does he bring to the table worth $12mil?

1.
2.
3.
4.
5.

If your argument revolves around what player x,y,z got for contracts and how Noah is better? Then that wouldnt explain what Noah brings to the table. This is the only argument I'm recieving. So and so got this so what Noah got is ok. Its like since Noah deal broke as news? There word overpaid no longer exists when talkin about NBA players and thier contracts.[/QUOTE]
Do you understand the laws of supply and demand? Noah, imo is not a great center but look at the league right now! Try and name the best centers in the league~marc gasol, bynum, lopez, bogut etc. Point is that all these guys aren't that good or are still unproven. Big men, and more specifically, centers are very hard to come by in this league right now so when the demand is high and the supply is low, the price or equillibrium market value will be pushed up because the item in question will be more valuable/harder to attain. Noah deserved the deal. And btw, with your logic you could make a case that all nba players are overpaid which is worthless to argue really.

I remember the outrage when the Clippers gave Kaman his extension, but with these deals being given out left and right, I'm liking that move by Dun. Hopefully Kaman agrees to a cheaper contract once it expires