Player (10)	Pos.	Cap Figure	Base Salary	Likely Incent.	Unlikely Incent.	Trade Bonus	Cap Figure	Cap % Team	Cap % League	Cash Remaining (Guaranteed)	Notes
LaVine Zach LaVine	SG	$40,064,220	$40,064,220	-	-	-	$40,064,220	20.84	29.90	$178,063,200 ($178,063,200)	Free Agent (Max) / Bird
DeRozan DeMar DeRozan	SF	$28,600,000	$28,600,000	-	-	-	$28,600,000	14.87	21.34	$28,600,000 ($28,600,000)	Acquired via S&T
Ball Lonzo Ball	PG	$20,465,117	$20,465,117	-	$1,000,000	-	$20,465,117	10.64	15.27	$41,860,465 ($41,860,465)	Acquired via Trade
Williams Patrick Williams	SF	$9,835,881	$9,835,881	-	-	-	$9,835,881	5.12	7.34	$9,835,881 ($9,835,881)	Drafted / Rookie Scale
Caruso Alex Caruso	SG	$9,460,000	$9,460,000	-	-	-	$9,460,000	4.92	7.06	$19,350,000 ($12,460,000)	Free Agent / NT-MLE
Drummond Andre Drummond	C	$3,360,000	$3,360,000	-	-	-	$3,360,000	1.75	2.51	$3,360,000 ($3,360,000)	Free Agent / NT-MLE
Jones Jr. Derrick Jones Jr.	SF	$3,360,000	$3,360,000	-	-	-	$3,360,000	1.75	2.51	$3,360,000 ($3,360,000)	Free Agent / Early Bird
Terry Dalen Terry	SG	$3,350,760	$3,350,760	-	-	-	$3,350,760	1.74	2.50	$12,260,358 ($3,350,760)	Drafted / Rookie Scale
Jones Carlik Jones	PG	$1,927,896	$1,927,896	-	-	-	$1,927,896	1.00	1.44	$4,020,240 ($0)	RoS / NT-MLE G'teed: $0
Simonovic Marko Simonovic	C	$1,836,096	$1,836,096	-	-	-	$1,836,096	0.95	1.37	$1,836,096 ($0)	Drafted / NT-MLE G'teed: $0

2023-24 Cap Holds

Cap holds represent "placeholders" for pending free agents, unsigned draft picks, offer sheets, etc... Since the Bulls are currently over the league salary cap, these cap holds do not count against their Total Cap figure. Renouncing these cap holds will NOT afford the team any new cap space. These figures are not counted toward a team's Luxury Tax Allocation.

Player (8)	Pos.	Qualifying Offer	Likely Incent.	Unlikely Incent.	Trade Kicker	Cap Figure	Rights
VucevicNikola Vucevic	C	-				$33,000,000	Bird
WhiteCoby White	PG	$7,744,600				$22,241,865	Restricted Bird
DosunmuAyo Dosunmu	PG	$5,216,324				$5,216,324	Restricted Early Bird
ThomasMatt Thomas	SG	-				$1,989,698	Non-Bird
GreenJavonte Green	SG	-				$1,805,205	Bird
LewisJustin Lewis	SF	$1,774,999				$1,774,999	Two-Way
TaylorTerry Taylor	SF	$1,774,999				$1,774,999	Two-Way
BeverleyPatrick Beverley	PG	-				-
Incomplete Roster Charge	2 spots	2 spots				$2,205,858

Exceptions

Exceptions are essentially "grants" offering teams an additional way to sign players. Exceptions can be split up for multiple player signings, however only one of these exceptions may be used in a season and they cannot be combined.

Non-Taxpayer Mid-Level Exception Details is awarded annually to teams who are above the cap but below the Luxury Tax Apron ($169,000,000) and can be used for contracts up to 4 years in length.

Bi-Annual Exception Details is available to any teams who are below the Luxury Tax Apron ($169,000,000), and did not use this exception in the previous season. It can be used for contracts up to 2 years in length.

Type	Reason (Used On)	Original	Available
Non-Taxpayer Mid-Level		$12,221,000	$12,221,000
Bi-Annual		$4,448,000	$4,448,000

2023-24 Luxury Tax Totals

Denotes the Bulls current standing in terms of the luxury tax threshold. Teams that spend over the threshold pay fines (estimated below).

Type		Totals
2023 NBA Luxury Tax Threshold		$162,000,000
Total Taxable Salaries		$122,259,970
Current Luxury Tax Space		$39,740,030

2023-24 Chicago Bulls Salary Cap Totals

The Bulls are currently over the league salary cap. This means Cap Holds & Exceptions are NOT included in their Total Cap Allocations, and renouncing these figures will not afford them any cap space. The team may only sign outside players using any available exceptions or at league minimum salaries.

Cap Type	Total
Active Roster Cap	$122,259,970
Cap Holds	$70,008,948
Total Salaries	$192,268,918
2023 NBA Salary Cap Max	$134,000,000
Actual Cap Max Space	$-58,268,918
2023 NBA Salary Cap Floor	$120,600,000
Cap Floor Space	$-1,659,970

Cap Type	Cap Total
Active Roster Cap	$122,259,970
Cap Holds	$70,008,948
Total Cap Allocations	$192,268,918
Salary Cap Maximum
2023 NBA Salary Cap Max	$134,000,000
Current Cap Space	$-58,268,918
"Super Tax" Apron
2023 NBA Super-Tax Apron	$179,500,000
Super-Tax Apron Space	$56,240,030
Salary Cap Floor
2023 NBA Salary Cap Floor	$120,600,000
Current Floor Space	$-1,659,970

 

2023-24 Practical Cap Space

Available Practical Cap Space:

$-52,299,068 — $15,606,448

$-52,299,068

Projected Practical Cap Space:

This is calculated by determining all guaranteed salaries + any dead cap from non-guaranteed salaries + estimated exercised and declined options + estimated retained cap holds and draft pool cap holds.

$15,606,448

Maximum Possible Cap Space:

This is calculated by determining all guaranteed salaries + any dead cap from non-guaranteed salaries. All other options, cap holds, exceptions are assumed as declined, waived or renounced.

Deadlines

Deadline Date	Player	Type	Value
6/23/2023	Ayo Dosunmu	2023-24 Qualifying Offer	$5,216,324
6/24/2023	Derrick Jones Jr.	2023-24 Player Option	$3,360,000
6/29/2023	Andre Drummond	2023-24 Player Option	$3,360,000
6/29/2023	Terry Taylor	2023-24 Qualifying Offer — Two-Way	$1,774,999
6/29/2023	Justin Lewis	2023-24 Qualifying Offer — Two-Way	$1,774,999
6/30/2023	Coby White	2023-24 Qualifying Offer	$7,744,600
7/07/2023	Marko Simonovic	2023-24 Guaranteed	$1,836,096
10/16/2023	Carlik Jones	2023-24 Guaranteed — Opening Night - TBD	$250,000
10/31/2023	Dalen Terry	2024-25 Club Option	$3,510,480
1/10/2024	Carlik Jones	2023-24 Guaranteed	$1,927,896
6/29/2024	Lonzo Ball	2024-25 Player Option	$21,395,348
6/30/2024	Alex Caruso	2024-25 Guaranteed	$9,890,000
10/14/2024	Carlik Jones	2024-25 Guaranteed — Opening Night - TBD	$250,000
10/31/2024	Dalen Terry	2025-26 Club Option	$5,399,118
1/10/2025	Carlik Jones	2024-25 Guaranteed	$2,092,344
6/29/2026	Zach LaVine	2026-27 Player Option	$48,967,380
6/29/2026	Dalen Terry	2026-27 Qualifying Offer	$7,661,348

Unsigned Draft Picks

Draft Year	Player	Age	Position	Country	College
2011	Jon Diebler	34	SG	USA	Ohio State
2004	Albert Miralles	41	PF	ESP

Future Draft Picks

• Round 1
• Round 2