Chicago Bulls

Chicago Bulls 2022-23 Salary Cap

Bulls 2022-23 Salary Cap

An updated look at the Chicago Bulls 2022 salary cap table, including team cap space, dead cap figures, and complete breakdowns of player cap hits, salaries, and bonuses.

Bulls – The Athletic

2022 NBA Offseason Financial Previews
Keith Smith breaks down the upcoming offseason for each 2022-23 NBA team, including cap space figures, free agents, draft pick scenarios, & thoughts on potential trades, exceptions, & plenty more. READ ON
Player Option
Club Option
Non-Guaranteed
Estimate
Player (10) Pos. Cap Figure Base
Salary
Likely
Incent.
Unlikely
Incent.
Trade
Bonus
Cap Figure Cap % Cash Remaining
(Guaranteed)
Notes
DeRozan DeMar DeRozan SG $27,300,000 $27,300,000 - - - $27,300,000 15.89 $55,900,000
($55,900,000)
Acquired via S&T
Vucevic Nikola Vucevic C $22,000,000 $22,000,000 - - - $22,000,000 12.81 $22,000,000
($22,000,000)
Acquired via Trade
Ball Lonzo Ball PG $19,534,884 $19,534,884 - $1,000,000 - $19,534,884 11.37 $61,395,349
($61,395,349)
Acquired via Trade
Caruso Alex Caruso SG $9,030,000 $9,030,000 - - - $9,030,000 5.26 $28,380,000
($21,490,000)
Free Agent / NT-MLE
Williams Patrick Williams SF $7,775,400 $7,775,400 - - - $7,775,400 4.53 $17,611,281
($7,775,400)
Drafted / Rookie Scale
White Coby White PG $7,413,955 $7,413,955 - - - $7,413,955 4.32 $7,413,955
($7,413,955)
Drafted / Rookie Scale
Bradley Tony Bradley C $2,036,318 $2,036,318 - - - $2,036,318 1.19 $2,036,318
($2,036,318)
Free Agent / Minimum
Green Javonte Green SG $1,815,677 $1,815,677 - - - $1,815,677 1.06 $1,815,677
($1,815,677)
Free Agent / Minimum
Dosunmu Ayo Dosunmu SG $1,563,518 $1,563,518 - - - $1,563,518 0.91 $1,563,518
($0)
Drafted / Minimum
G'teed: $0
Simonovic Marko Simonovic C $1,563,518 $1,563,518 - - - $1,563,518 0.91 $3,399,614
($1,563,518)
Drafted / NT-MLE


2022-23 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 (10) Pos. Qualifying Offer Likely Incent. Unlikely Incent. Trade Kicker Cap Figure Rights
LaVineZach LaVine SG - $29,250,000 Bird
Brown Jr.Troy Brown Jr. SF - $15,511,691 Bird
Jones Jr.Derrick Jones Jr. SF - $12,637,170 Early Bird
TerryDalen Terry PG $3,148,560 $3,148,560 1st Round Pick
TerryDalen Terry PG $3,148,560 $3,148,560
ThomasMatt Thomas SG - $2,086,473 Non-Bird
MokokaAdam Mokoka SG - $1,616,044 Two-Way
HillMalcolm Hill G $1,576,305 $1,576,305 Two-Way
CookTyler Cook PF - $1,576,305 Two-Way
ThompsonTristan Thompson C - $1,200,000 Non-Bird


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 ($156,938,000) 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 ($156,938,000), 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 $10,490,000
($10,490,000)
Bi-Annual Exception $4,105,000
($4,105,000)
Trade Exception $5,000,000
($5,000,000)
Daniel Theis trade with HOU 07/07/2022


2022-23 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
2022 NBA Luxury Tax Threshold $150,267,000
Total Taxable Salaries $100,033,270
Current Luxury Tax Space $50,233,730


2022-23 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 Cap Total
Active Roster Cap $100,033,270
Cap Holds $71,751,108
Total Cap Allocations $171,784,378
Salary Cap Maximum
2022 NBA Salary Cap Max $123,655,000
Current Cap Space $-48,129,378
Salary Cap Floor
2022 NBA Salary Cap Floor $111,290,000
Current Floor Space $4,959,610
 

2022-23 Practical Cap Space

Available Practical Cap Space: $-45,365,860 — $16,029,092

$-45,365,860
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.

$16,029,092
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
1/10/2023 Daniel Gafford 2022-23 Guaranteed — guaranteed via extension $1,930,681
6/30/2023 Coby White 2023-24 Qualifying Offer $9,942,114
7/07/2023 Marko Simonovic 2023-24 Guaranteed $1,836,096
6/29/2024 Lonzo Ball 2024-25 Player Option $21,395,348
6/30/2024 Alex Caruso 2024-25 Guaranteed $9,890,000