Chicago Bulls

Chicago Bulls 2021-22 Salary Cap

Bulls 2021-22 Salary Cap

An updated look at the Chicago Bulls 2021 salary cap table, including team cap space, dead cap figures, and complete breakdowns of player cap hits, salaries, and bonuses.

Bulls – The Athletic

Player Option
Club Option
Non-Guaranteed
Estimate
Player (15) Pos. Cap Figure Base
Salary
Likely
Incent.
Unlikely
Incent.
Trade
Bonus
Cap Figure Cap % Cash Remaining
(Guaranteed)
Notes
DeRozan DeMar DeRozan SG $26,000,000 $26,000,000 - - - $26,000,000 19.49 $81,900,000
($81,900,000)
Acquired via S&T
Vucevic Nikola Vucevic C $24,000,000 $24,000,000 - - - $24,000,000 17.99 $46,000,000
($46,000,000)
Acquired via Trade
LaVine Zach LaVine SG $19,500,000 $19,500,000 - - - $19,500,000 14.62 $19,500,000
($19,500,000)
/ Space
Ball Lonzo Ball PG $18,604,651 $18,604,651 - $1,000,000 - $18,604,651 13.95 $80,000,000
($80,000,000)
Acquired via Trade
Jones Jr. Derrick Jones Jr. SF $9,720,900 $9,720,900 - - - $9,720,900 7.29 $9,720,900
($9,720,900)
Acquired via Trade
Caruso Alex Caruso SG $8,600,000 $8,600,000 - - - $8,600,000 6.45 $36,980,000
($30,090,000)
Free Agent / NT-MLE
Williams Patrick Williams SF $7,422,000 $7,422,000 - - - $7,422,000 5.56 $25,033,281
($15,197,400)
Drafted / Rookie Scale
White Coby White PG $5,837,760 $5,837,760 - - - $5,837,760 4.38 $13,251,715
($13,251,715)
Drafted / Rookie Scale
Shoulder
Brown Jr. Troy Brown Jr. SF $5,170,564 $5,170,564 - - - $5,170,564 3.88 $5,170,564
($5,170,564)
Acquired via Trade
Bradley Tony Bradley C $1,789,256 $1,789,256 - - - $1,789,256 1.34 $3,825,574
($1,789,256)
Free Agent / Minimum
Johnson Alize Johnson PF $1,729,217 $1,729,217 - - - $1,729,217 1.30 $3,607,937
($250,000)
Free Agent / Minimum
G'teed: $250,000
Green Javonte Green SG $1,669,178 $1,669,178 - - - $1,669,178 1.25 $3,484,855
($3,484,855)
Free Agent / Minimum
Dosunmu Ayo Dosunmu SG $925,258 $925,258 - - - $925,258 0.69 $2,488,776
($925,258)
Drafted / Minimum
Simonovic Marko Simonovic C $925,258 $925,258 - - - $925,258 0.69 $4,324,872
($2,488,776)
Drafted / NT-MLE
Training Camp/Exhibit 10, Exhibit 9
ThomasMatt Thomas SG $1,669,178 $1,669,178 - $1,669,178 - - Exhibit-9


2021-22 Two-Way

Players signed to Two-Way contracts that are currently designated to G-League affiliate. Two-way salaries do not count against a team's Total Cap Allocations.

Player (2) Pos.
CookTyler Cook PF          
DotsonDevon Dotson PG          


2021-22 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 (1) Pos. Qualifying Offer Likely Incent. Unlikely Incent. Trade Kicker Cap Figure Rights
MokokaAdam Mokoka SG - $1,489,065 Two-Way


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 ($143,002,000) 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 ($143,002,000), and did not use this exception in the previous season. It can be used for contracts up to 2 years in length.

Trade Exception Details becomes available when a team relinquishes more salary than it acquires during a trade. The "credit" balance remains as an exception that can be used within the next year to acquire salary via trade without further relinquishing additional salary.

Type Amount (Remaining) Reason/Notes Expire Date
Non-Taxpayer Mid-Level Exception $9,536,000
($10,742)
Alex Caruso ($8,600,000), Marko Simonovic ($925,258)
Bi-Annual Exception $3,732,000
($3,732,000)
Trade Exception $5,000,000
($5,000,000)
Daniel Theis trade with HOU 07/07/2022


2021-22 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
2021 NBA Luxury Tax Threshold $136,606,000
Total Taxable Salaries $131,894,042
Current Luxury Tax Space $4,711,958


2021-22 Chicago Bulls Salary Cap Totals

This team is currently "hard-capped", which means their Total Taxable Salaries may not exceed $143,002,000 at any point during the season.

Cap Type Cap Total
Active Roster Cap $131,894,042
Cap Holds $1,489,065
Total Cap Allocations $133,383,107
Salary Cap Maximum
2021 NBA Salary Cap Max $112,414,000
Current Cap Space $-20,969,107
Salary Hard-Cap
2021 NBA Hard-Cap ("Luxury Tax Apron") $143,002,000
Total Hard-Cap Salaries $132,894,042
Hard-Cap Space $10,107,958
 

2021-22 Practical Cap Space

Available Practical Cap Space: $-20,878,590 — $-18,000,825

$-20,878,590
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.

$-18,000,825
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
2022-23
07/02/2022 Alize Johnson Guaranteed $1,878,720
01/10/2023 Daniel Gafford Guaranteed $1,930,681
06/30/2023 Coby White 2023-24 Qualifying Offer $9,942,114
2023-24
07/07/2023 Marko Simonovic Guaranteed $1,836,096
06/30/2024 Alex Caruso 2024-25 Guaranteed $9,890,000