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That led to one of the most dramatic playoff series in league history and a steady, deafening roar from an re-energized fan base.
It was a sharp turnaround for a franchise that appeared to be in disarray.
Chairman Jerry Reinsdorf even called the season "a disaster" and "embarrassing" during an interview with Comcast SportsNet at one point and said he'd been tempted to stand up and boo, but he also made it clear he didn't blame Paxson.
"If there's one person that is not responsible for what's going on right now, it's John Paxson," Reinsdorf said in that interview. "I have tremendous confidence in John Paxson."
Paxson played on the Bulls' first three championship teams in the 1990s and delivered a memorable shot during the 1993 finals against Phoenix, making the series-winning 3-pointer with 3.9 seconds left.
He later served as an assistant coach and broadcaster before replacing Jerry Krause as the general manager.
Paxson drafted Kirk Hinrich with the seventh pick in 2003, took Ben Gordon with the third pick in 2004 and acquired the rights to Deng from Phoenix. They formed the core that led the Bulls to the playoffs in 2005, '06 and '07 before the collapse last season.
[Associated Press;
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