Chicago Bulls Team Salary

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2016-17 Team-By-Team Salary Summary

Quick: Spent over the cap

NBA Salary Cap: $94,143,000

Luxury Tax Threshold: $113,287,000

Projected Cap Space for 2017-18 ($102 million cap): Up to $54.9 million

Exceptions

  • Room Exception: $2,898,000

Roster Count: 13 guaranteed, five non-guaranteed

Non-Guaranteed Salaries: Cristiano Felicio ($874,636), Spender Dinwiddie ($980,431), D’Vauntes Smith-Rivera ($543,471), J.J. Avila ($543,471), Vince Hunter ($543,471)

Qualifying Offers: None

Depth Chart:
PG: Rajon Rondo, Jerian Grant, Isaiah Canaan, Spencer Dinwiddie
SG: Dwyane Wade, Tony Snell, Denzel Valentine, D’Vauntes Smith-Rivera
SF:  Jimmy Butler, Doug McDermott, Paul Zipser
PF: Taj Gibson, Bobby Portis, Nikola Mirotic, Vince Hunter, J.J. Avila
C: Robin Lopez, Cristiano Felicio

Note: Teams often adjust their depth chart throughout the season, sometimes game by game.

2017/18 Rookie-Scale Options: Doug McDermott ($3,294,994), Bobby Portis ($1,516,320), Jerian Grant ($1,713,840)

Rookie Scale Extension Eligible: Tony Snell

Deadlines

  • 10/31/16 — Team options for Doug McDermott, Jerian Grant and Bobby Portis.
  • 10/31/16 — Extension deadline for Tony Snell.
  • 11/1/16 — Spencer Dinwiddie’s contract guarantees at $400,000 for 2016-17.
  • 12/15/16 — The no-trade restrictions on Rajon Rondo, Spencer Dinwiddie, Isaiah Canaan, J.J. Avila, Vince Hunter, D’Vauntes Smith-Rivera and Dwyane Wade expire.
  • 1/10/17 — Spencer Dinwiddie’s $980,431 guarantees for 2016-17.
  • 1/10/17 — Cristiano Felicio’s $875k guaranteed for 2016-17.
  • 1/10/17 — J.J. Avila, Vince Hunter and D’Vauntes Smith-Rivera’s $543,471 guarantees for 2016-17.
  • 2/18/17 — Kirk Hinrich $2.9 mil TPE expires.
  • 2/28/17 — Deadline to restructure Taj Gibson’s contract.
  • 6/30/17 — Qualifying offer deadlines for Nikola Mirotic, J.J. Avila, Vince Hunter, D’Vauntes Smith-Rivera, Tony Snell and Cristiano Felicio.
  • 6/30/17 — Rajon Rondo’s $13.4 million guarantees for 2017-18.
  • 6/30/17 — Isaiah Canaan’s $1.1 million guarantees for 2017-18.
  • 7/5/17 — Spencer Dinwiddie’s $1,051,245 guarantees for 2017-18.
  • 10/31/17 — Team option for Bobby Portis and Jerian Grant.
  • 10/31/17 — Extension deadline for Doug McDermott.
  • 6/30/18 — Qualifying offer deadline for Doug McDermott.
  • 7/18/18 — Paul Zipser’s $1,050,262 guarantees for 2018-19.
  • 10/31/18 — Extension deadline for Bobby Portis and Jerian Grant.
  • 6/24/19 — Estimated team option for Paul Zipser.
  • 6/29/19 — Player option for Jimmy Butler.
  • 6/30/19 — Qualifying offer deadline on Bobby Portis and Jerian Grant.
  • 7/18/19 — Paul Zipser’s $1,126,120 guarantees for 2019-20.

Teams and players can renegotiate guarantee dates.  The NBA’s general cut-down date is approximately January 10.

Acquisitions

  • 6/17/16 — Traded Cameron Bairstow to Detroit Pistons for Spencer Dinwiddie.
  • 6/22/16 — Traded Derrick Rose, Justin Holiday and a 2017 second-rounder to New York Knicks for Robin Lopez, Jose Calderon and Jerian Grant.
  • 6/23/16 — Drafted Denzel Valentine (14th) and Paul Zipser (48th).
  • 6/27/16 — Pau Gasol opted out of the final year of his contract.
  • 7/7/16 — Renounced the rights to Pau Gasol, Joakim Noah, Aaron Brooks and E’Twaun Moore.
  • 7/7/16 — Traded Jose Calderon, a 2018 Denver Nuggets second rounder, a 2019 second-rounder to Los Angeles Lakers for the rights to Ater Majok (2011-58th).
  • 7/7/16 — Traded Mike Dunleavy, the rights to Vladimir Veremeenko (2006-48th) to Cleveland Cavaliers for the rights to Albert Miralles (2004-39th).
  • 7/7/16 — Signed Rajon Rondo to a partially-guaranteed two-year, $28.1 million contract.
  • 7/15/16 — Signed Paul Zipser (2016-48th) to a four-year, partially-guaranteed $3.8 million contract.
  • 7/15/16 — Signed Dwyane Wade to a two-year, $47.0 million contract, player option on second season.
  • 7/16/16 — Signed Denzel Valentine (2016-14th) to a $9.9 million rookie-scale contract.
  • 7/20/16 — Signed Isaiah Canaan to a two-year, partially-guaranteed $2.1 million contract.
  • 7/28/16 — Signed Spencer Dinwiddie to a two-year, non-guaranteed $2,031,676 contract.
  • 9/14/16 — Signed D’Vauntes Smith-Rivera to a one-year, non-guaranteed $543,471 summer contract.
  • 9/16/16 — Signed Vince Hunter to a one-year, non-guaranteed $543,471 summer contract.
  • 9/19/16 — Signed J.J. Avila to a one-year, non-guaranteed $543,471 summer contract.

Waived Players: Spencer Dinwiddie

Traded Players: Cameron Bairstow, Derrick Rose, Justin Holiday, Jose Calderon, Mike Dunleavy

Expired 10-Day Contracts: None

Coaching Staff

Head Coach: Fred Hoiberg (five-year, $25 million deal, starting with 2015/16 season)

Assistants: Randy Brown, Charlie Henry, Mike Wilhelm, Peter Myers

Trainer: Jeff Tanaka

Basketball Executives:

  • Gar Forman — general manager
  • Randy Brown — assistant general manager
  • Brian Hagen — assistant general manager
  • John Paxson — director of basketball operations
  • Jay Hillock — director of pro personnel

Pick Swaps

  • 2017 — Owed first-rounder (top-10 protected, otherwise converts to second-rounder if in the top-55) from Sacramento Kings (Luol Deng, J.J. Hickson).
  • 2017 — Owe second-rounder to New York Knicks (Derrick Rose).
  • 2019 — Owe second-rounder to Los Angeles Lakers (Jose Calderon).

Unsigned Draft Picks:

  • First-rounders: None
  • Second-rounders: Ater Majok (2011-58th), Tadija Dragicevic (2008-53rd), Milovan Rakovic (2007-60th), Albert Miralles (2004-39th)

Free Agents

  • None

Cash Paid ($3.5 million max): $0

Cash Received ($3.5 million max): $0

Trade Kickers

Nikola Mirotic — 15 percent
Jimmy Butler — 5 percent

Note: Players can waive their trade bonuses, under certain circumstances.

Amnesty: Used on Carlos Boozer.

D-League Affiliate: Windy City Bulls (Brad Seymour president, Brian Hagen general manager, Nate Loenser head coach)

Archives
2015-16
2014-15
2013-14
2012-13

Cap Holds

For notes on some of the rules and an explanation of cap holds, please refer to the following Salary Notes.

Salary and team data changes quite often. If you notice a discrepancy, please notify Basketball Insiders Senior Writer Eric Pincus.

(Updated on 9/21/16)

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