Quick: Over the cap but can get to $11.3 million under.
Salary Cap: $99,093,000
Luxury Tax Threshold: $119,266,000
Projected 2018-19 Cap Space ($101 million cap): Up to $48.1 million
- Trade Exception (Jimmy Butler, expiring 6/22/18) — $861,893
- Trade Exception (Nikola Mirotic, expiring 2/1/19) — $8,994,767
- Trade Exception (Jameer Nelson, expiring 2/8/19) — $1,429,818
- Mid-Level Exception: $3,790,615 (Justin Holiday)
- Bi-Annual Exception: $3,290,000
Note: Trade exceptions would be renounced if team goes under the cap.
Roster Count: 14 guaranteed, two two-ways
PG: Kris Dunn, Cameron Payne, Jerian Grant, Ryan Arcidiacono (two-way),
SG: Zach LaVine, David Nwaba, Justin Holiday, Antonio Blakeney (two-way)
SF: Denzel Valentine, Paul Zipser
PF: Lauri Markkanen, Bobby Portis, Noah Vonleh
C: Cristiano Felicio, Robin Lopez, Omer Asik
Note: Teams often adjust their depth chart throughout the season, sometimes game by game.
G-League Affiliate: Windy City Bulls (Brad Seymour president, Brian Hagen general manager, Charlie Henry head coach)
Two-Way Contracts: Antonio Blakeney (two-year), Ryan Arcidiacono (one-year)
Two-Way Daily Rate in NBA/G-League: $4,608/$528
Head Coach: Fred Hoiberg (five-year, $25 million deal, starting with 2015/16 season)
Assistants: Jim Boylen (associate head coach), Randy Brown, Mike Wilhelm, Peter Myers, Nate Loenser
Trainer: Jeff Tanaka, Chip Schaefer (director of sports performance), Arnold Lee (assistant athletic trainer), Armando Rivas (assistant athletic trainer), Matt Johnson (strength coach), Ed Streit (assistant strength coach)
- Gar Forman — general manager
- Doug Collins — senior advisor of basketball operations
- Randy Brown — assistant general manager
- Brian Hagen — assistant general manager
- John Paxson — director of basketball operations
- Jay Hillock — director of pro personnel
- Shawn Respert — director of player development
- 2018 — Owed first-rounder (top-five protected, top-eight in 2019, top-10 in 2020, top-9 in 2021, top-six in 2022, otherwise converts to 2022 and 2023 second-rounders) from New Orleans Pelicans (Nikola Mirotic).
- 2018 — Owe second-rounder to New York Knicks (Taj Gibson, Carmelo Anthony).
- 2019 — Owe second-rounder to Los Angeles Lakers (Jose Calderon).
- 2021 — Bulls can swap second-rounders with New Orleans Pelicans (Nikola Mirotic).
- 2022 — Bulls can swap second-rounders with Detroit Pistons (Jameer Nelson), may go to Memphis Grizzlies (James Ennis).
Cash Paid ($5.1 million max): $0
Cash Received ($5.1 million max): $2.5 million from New Orleans Pelicans (Quincy Pondexter); $2.6 million from Portland Trail Blazers — $0 remaining
- 6/22/18 — Jimmy Butler trade exception expires.
- 6/29/18 — Qualifying offer deadline on Noah Vonleh and David Nwaba.
- 7/1/18-7/5/18 — NBA moratorium.
- 7/18/18 — Paul Zipser’s $1,544,951 guarantees for 2018-19.
- Before first day of 2018 season — Extension deadline for Cameron Payne, Bobby Portis and Jerian Grant.
- 10/31/18 — Team options on Kris Dunn and Lauri Markkanen.
- 2/1/19 — Nikola Mirotic trade exception expires.
- 2/8/19 — Jameer Nelson trade exception expires.
- 6/29/19 –Team option for Paul Zipser.
- 6/29/19 — Player option for Jimmy Butler.
- 6/29/19 — Qualifying offer deadline on Bobby Portis, Diamond Stone, Cameron Payne and Jerian Grant.
- 7/18/19 — Paul Zipser’s $1,676,735 guarantees for 2019-20.
- 10/31/19 — Team option on Lauri Markkanen.
- Before first day of 2019 season — Extension deadline on Kris Dunn.
- 6/30/20 — Qualifying offer deadline for Kris Dunn.
- Before first day of 2020 season — Extension deadline on Lauri Markkanen
- 6/30/21 — Qualifying offer deadline for Lauri Markkanen.
Teams and players can renegotiate guarantee dates. The NBA’s general cut-down date is approximately January 10.
- 6/22/17 — Traded Jimmy Butler and the rights to Justin Patton (2017-16th) to Minnesota Timberwolves for Zach LaVine, Kris Dunn and the rights to Lauri Markkanen (2017-7th).
- 6/22/17 — Traded the rights to Jordan Bell (2017-38th) to Golden State Warriors for $3.5 million.
- 6/28/17 — Issued qualifying offers to Nikola Mirotic, Joffrey Lauvergne and Cristiano Felicio.
- 7/5/17 — Signed Lauri Markkanen (2017-7th) to a $20.4 million rookie-scale contract.
- 7/6/17 — Signed Cristiano Felicio to a four-year, $32 million contract.
- 7/8/17 — Rescinded qualifying offer to Joffrey Lauvergne.
- 7/10/17 — Signed Justin Holiday to a two-year, $9,000,001 million contract.
- 7/14/17 — Claimed David Nwaba off waivers (Los Angeles Lakers).
- 7/14/17 — Signed Antonio Blakeney to a two-way contract.
- 9/1/17 — Traded the rights to Ater Majok (2011-58th) to New Orleans Pelicans for Quincy Pondexter, a 2018 second-rounder and $2.5 million.
- 9/13/17 — Signed Diamond Stone to a partially-guaranteed two-year, $2,857,562 contract.
- 9/21/17 — Signed Jarell Eddie to a non-guaranteed one-year, $1,524,305 summer contract.
- 9/21/17 — Signed Jaylen Johnson to a non-guaranteed one-year, $815,615 summer contract with exhibits nine and 10.
- 9/25/17 — Signed Nikola Mirotic to a partially-guaranteed two-year, $27 million contract (with incentives TBD), team option on final season.
- 9/27/17 — Signed Bronson Koenig to a non-guaranteed one-year, $815,615 summer contract with exhibits nine and 10.
- 10/27/17 — Picked up team options for Denzel Valentine, Kris Dunn, Bobby Portis, Cameron Payne and Jerian Grant.
- 1/10/18 — David Nwaba’s $1,312,611 guarantees for 2017-18.
- 1/15/18 — No-trade restrictions lifted on Cristiano Felicio and Nikola Mirotic.
- 2/1/18 — Picked up team option on Nikola Mirotic.
- 2/1/18 — Traded Nikola Mirotic and a 2018 second-rounder (the New Orleans Pelicans’ own pick) to the Pelicans for Omer Asik, Tony Allen, Jameer Nelson, a protected 2018 first-rounder and 2021 second-rounder swap rights for Nikola Mirotic and a 2018 second-rounder (the Pelicans’ own pick).
- 2/8/17 — Traded Jameer Nelson to Detroit Pistons for Willie Reed and 2022 second-round swap rights.
- 2/8/18 — Traded the rights to Milovan Rakovic (2007-60th) to Portland Trail Blazers for Noah Vonleh and $2.6 million.
- 2/23/18 — Taj Gibson trade exception expired.
Waived Players: Rajon Rondo, Isaiah Canaan, Dwyane Wade, Jarell Eddie, Diamond Stone, Jaylen Johnson, Bronson Koenig, Kay Felder, Quincy Pondexter, Willie Reed, Tony Allen
Traded Players: Jimmy Butler, Nikola Mirotic, Jameer Nelson
Expired 10-Day Contracts: None
Unsigned Draft Picks:
- First-rounders: None
- Second-rounders: Tadija Dragicevic (2008-53rd), Albert Miralles (2004-39th)
Arena: United Center
Free Agents (with Cap Holds)
Note: Players can waive their trade bonuses.
For notes on some of the rules and an explanation of cap holds, please refer to the following Salary Notes.
Salary and team data change quite often. If you notice a discrepancy, please notify Basketball Insiders Senior Writer Eric Pincus.
(Updated on 2/23/18)