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Chicago Bulls Team Salary

Quick:  Spent over the cap. Hard-capped via the Tomas Satoransky sign and trade.

Salary Cap: $109,140,000

Luxury Tax Threshold: $132,627,000

Hard Cap: $138,928,000

Projection for 2020-21 (flat $109.14 million cap): Up to $26.3 million in cap space, none if Otto Porter opts in.

Roster Count: 11 guaranteed, one player option

Depth Chart:
PG: Tomas Satoransky, Coby White, Ryan Arcidiacono
SG: Zach LaVine
SF: Otto Porter (PO), Chandler Hutchison
PF: Lauri Markkanen, Thaddeus Young
C: Wendell Carter Jr., Luke Kornet, Cristiano Felicio, Daniel Gafford

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

Exceptions

  • Estimated Mid-Level Exception — $9,258,000
  • Estimated Bi-Annual Exception — $3,623,000

2020 NBA Draft*: 7th ($5,307,120 cap hold), 44th from Memphis Grizzlies (Justin Holiday); 57th to Washington Wizards (Tomas Satoransky)

* Lottery/Standings TBD

Unsigned Draft Picks:

  • First-rounders: None
  • Second-rounders: Jon Diebler (2011-51st), Albert Miralles (2004-39th)

Non-Guaranteed Salaries — Next Cut-Down Date*

  • None

* Players and teams can agree to push back cut-down dates.

Free Agents (with Cap Holds*)

  • Full Bird: Otto Porter (PO, $34,800,000), Kris Dunn (RFA, $16,044,021), Denzel Valentine (RFA, $10,132,707)
  • Early Bird: Shaquille Harrison (RFA, $2,025,705)
  • Non-Bird: Adam Mokoka (RFA TBD, two-way), Max Strus (two-way)

* Estimated, pending the 2020-21 salary-cap figure.

Qualifying Offers (Pending)

  • Kris Dunn — $7,091,568
  • Denzel Valentine — $4,698,198
  • Shaquille Harrison — $2,025,705
  • Adam Mokoka (TBD)

Rookie-Scale Extension Eligible

  • Lauri Markkanen

Rookie-Scale Options

  • Coby White
  • Wendell Carter Jr.
  • Chandler Hutchison

Waived Players: None

Traded Players: None

G-League Affiliate: Windy City Bulls (Brad Seymour president, Brian Hagen general manager, Charlie Henry head coach)

Two-Way Contracts: None

Coaching Staff

Head Coach: TBD

Assistants: Dean Cooper, Chris Fleming, Nate Loenser, Roy Rogers, Karen Stack Umlauf

Director of player development: Shawn Respert

Trainer: Jeff Tanaka, Chip Schaefer (director of performance health), Arnold Lee (assistant athletic trainer), Matthew Johnson (strength coach), Geoffrey Puls (assistant strength coach)

Basketball Executives:

  • Arturas Karnisovas — executive vice president of basketball operations
  • Marc Eversley — general manager
  • Pat Connelly — vice president of player personnel
  • Brian Hagen — associate general manager
  • JJ Polk — assistant general manager
  • Steve Weinman — assistant general manager
  • Jim Paxson — director of pro personnel
  • Doug Collins — senior advisor of basketball operations
  • John Paxon — senior advisor of basketball operations

Pick Swaps

  • 2021 — The Bulls can swap second-rounders with the New Orleans Pelicans (Nikola Mirotic).
  • 2022 — The Bulls can swap second-rounders with the Detroit Pistons (Jameer Nelson), may go to the Memphis Grizzlies (James Ennis). May swap with the Los Angeles Lakers via the Washington Wizards (Tomas Satoransky).
  • 2023 — Owe a second-rounder to the Washington Wizards (Otto Porter).

Cash Paid ($5,617,000 max): $0

Cash Received ($5,617,000 max): $0

Deadlines

  • 10/16/20 — NBA Draft
  • 10/17/20 — Otto Porter’s player option.
  • 10/17/20 — Qualifying offer deadlines for Kris Dunn and Shaquille Harrison.
  • 10/19/20-10/23/20 — NBA Moratorium.
  • 10/31/20 — Team options on Wendell Carter Jr., Coby White and Chandler Hutchison (revised date TBD).
  • Before the first day of 2020-21 season — Extension deadline on Lauri Markkanen
  • 6/29/21 — Team option on Ryan Arcidiacono.
  • 6/29/21 — Qualifying offer deadline for Lauri Markkanen.
  • 6/30/21 — Thaddeus Young’s $15,190,000 (incentives TBD) guarantees for 2021-22.
  • 6/30/21 — Tomas Satoransky’s $10 million guarantees for 2021-22.
  • Before the first day of 2021-22 season — Extension deadlines on Wendell Carter Jr. and Chandler Hutchison.
  • 10/31/21 — Team option on Coby White
  • 1/10/22 — Daniel Gafford’s $1,782,621 guarantees for 2021-22.
  • 6/29/22 — Team option on Daniel Gafford.
  • 6/29/22 — Qualifying offer deadlines on Wendell Carter Jr. and Chandler Hutchison.
  • Before the first day of 2022-23 season — Extension deadline on Coby White.
  • 1/10/23 — Daniel Gafford’s $1,930,681 guarantees for 2022-23.
  • 6/29/23 — Qualifying offer deadline on Coby White.

Teams and players can renegotiate guarantee dates.  The NBA’s general cut-down date is January 10, although players need to clear 48 hours of waivers.

Transactions

  • 8/14/20 — Fired coach Jim Boylen.

Trade Kickers

  • None

Note: Players can waive their trade bonuses.

No-Trade: None

Expired 10-Day Contracts: None

Arena: United Center

Archives
2019-20
2018-19
2017-18
2016-17
2015-16
2014-15
2013-14
2012-13

Cap Holds

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

(Updated on 8/17/20)

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