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Chicago Bulls

Chicago Bulls 2021 Salary Cap

Bulls 2021 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 (9) Age Pos. Cap Figure Signed Using Base Salary Dead Cap Cap Figure Cap % Future Gteed Cash
LaVineZach LaVine 26 SG $19,500,000 Cap Space $19,500,000 ($19,500,000) $19,500,000 10.84 -
YoungThaddeus Young 33 PF $14,190,000 Cap Space $14,190,000 ($6,000,000) $14,190,000 7.89 -
SatoranskyTomas Satoransky 29 SG $10,000,000 Sign-and-Trade $10,000,000 ($5,000,000) $10,000,000 5.56 -
WilliamsPatrick Williams 20 SF $7,422,000 Rookie $7,422,000 ($7,422,000) $7,422,000 4.12 -
Carter Jr.Wendell Carter Jr. 22 C $6,920,027 Rookie $6,920,027 ($6,920,027) $6,920,027 3.85 -
WhiteCoby White 21 PG $5,837,760 Rookie $5,837,760 ($5,837,760) $5,837,760 3.24 -
HutchisonChandler Hutchison 25 SF $4,019,459 Rookie $4,019,459 ($4,019,459) $4,019,459 2.23 -
ArcidiaconoRyan Arcidiacono 27 PG $3,000,000 Cap Space $3,000,000 - $3,000,000 1.67 -
GaffordDaniel Gafford 23 PF $1,782,621 Cap Space $1,782,621 - $1,782,621 0.99 -


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. Denouncing 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) Age Pos. Signed Using Base Salary Trade Kicker Likely Incent. Dead Cap Cap Figure Cap %
Porter Jr.Otto Porter Jr. 28 SF   $42,733,857  
MarkkanenLauri Markkanen 24 PF   $16,828,770  
FelicioCristiano Felicio 29 PF   $11,293,530  
ValentineDenzel Valentine 27 SG Bird   $8,821,320  
TempleGarrett Temple 35 SG Non-Bird   $5,720,400  
KornetLuke Kornet 26 C Early Bird   $2,925,000  
MokokaAdam Mokoka 23 SG Early Bird   $1,474,611  
DotsonDevon Dotson 22 PG Non-Bird   $1,474,611  
Incomplete Roster Charge
(3 spots)
          $2,748,828  


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 ($143,095,840) 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 ($143,095,840), and did not use this exception in the previous season. It can be used for contracts up to 2 years in length.

Type Amount (Remaining) Reason/Notes Expire Date
Non-Taxpayer Mid-Level Exception $9,535,740
($9,535,740)
Bi-Annual Exception $3,731,690
($3,731,690)


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 $136,605,810
Total Taxable Salaries $72,671,867
Luxury Tax Space $63,933,943


2021-22 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 $72,671,867
Cap Holds $107,288,357
Total Salaries $179,960,224
2021 NBA Salary Cap Max $112,414,200
Actual Cap Max Space $-67,546,024
Practical Cap Space $51,301,022
Cap Type Cap Total
Active Roster Cap $72,671,867
Cap Holds $107,288,357
Total Cap Allocations $179,960,224
2021 NBA Salary Cap Max $112,414,200
Cap Max Space $-67,546,024
Practical Cap Space $51,301,022



Deadlines

Deadline Date Player Type Value
2021-22
10/31/2021 Coby White 2022-23 Club Option $7,413,955
01/10/2022 Daniel Gafford Guaranteed $1,782,621
06/29/2022 Wendell Carter Jr. 2022-23 Qualifying Offer $9,279,756
06/29/2022 Chandler Hutchison 2022-23 Qualifying Offer $5,820,176
06/29/2022 Daniel Gafford 2022-23 Club Option
2022-23
01/10/2023 Daniel Gafford Guaranteed $1,930,681
06/29/2023 Coby White 2023-24 Qualifying Offer $9,942,114