“I'll take responsibility for failures”: Chicago Bulls CEO reveals season objectives despite no movement on trade deadline

Chief Executive Officer of the Chicago Bulls Arturas Karnisovas stated that he will take responsibility if the team fails to win anything significant this season.

That comment came after the Bulls did not make any move on the transfer deadline day for the third consecutive year.

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The 52-year-old was recently quoted in a report where he stated that the goal is to stay competitive and that it is too early to judge whether the season will be a failure or a success for the Bulls.

"We would take a step back, which we don't want," said Karnisovas. "We want to say competitive. We have an obligation to this city to stay competitive and compete for the playoffs.

"It's a result-driven business, and I get it. I'll take responsibility for failures. But at this point it's very early to say what's success, what's not success. We have 30 games to go. We'll see what this team can do."

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Bulls recently registered an important win against the Memphis Grizzlies with a score of 118-110 at the FedEx Forum on Thursday. It was their third win in the last four matches.

Despite that result, the Bulls remain in fourth place in the Central Standings with 25 wins and 27 defeats.