Chicago Bulls
Chicago Bulls 2024-25 Salary Cap
Bulls 2024-25 Salary Cap
An updated look at the Chicago Bulls 2024 salary cap table, including team cap space, dead cap figures, and complete breakdowns of player cap hits, salaries, and bonuses.
| Player (11) | Pos. | Cap Figure | Base Salary |
Likely Incent. |
Unlikely Incent. |
Trade Bonus |
Cap Figure |
Cap % Team |
Cap % League |
Cash Remaining (Guaranteed) |
Notes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Zach LaVine | SG | $43,031,940 | $43,031,940 | - | - | - | $43,031,940 | 19.49 | 30.52 |
$137,998,980
($137,998,980)
|
Free Agent (Max)
/ Bird
SEI-Foot
|
| Lonzo Ball | PG | $21,395,348 | $21,395,348 | - | $1,000,000 | - | $21,395,348 | 9.69 | 15.17 |
$21,395,348
($21,395,348)
|
Acquired via Trade |
| Nikola Vucevic | C | $20,000,000 | $20,000,000 | - | - | - | $20,000,000 | 9.06 | 14.18 |
$41,481,481
($41,481,481)
|
Vet Extension / Bird |
| Coby White | PG | $12,000,000 | $12,000,000 | - | $1,333,333 | - | $12,000,000 | 5.43 | 8.51 |
$24,888,889
($24,888,889)
|
Free Agent / Bird |
| Alex Caruso | SG | $9,890,000 | $9,890,000 | - | - | - | $9,890,000 | 4.48 | 7.01 |
$9,890,000
($3,000,000)
|
Free Agent
/ NT-MLE
G'teed: $3,000,000
|
| Ayo Dosunmu | PG | $7,000,000 | $7,000,000 | - | - | - | $7,000,000 | 3.17 | 4.96 |
$14,518,518
($14,518,518)
|
Free Agent / Early Bird |
| Jevon Carter | PG | $6,500,000 | $6,500,000 | - | - | - | $6,500,000 | 2.94 | 4.61 |
$13,309,524
($13,309,524)
|
Free Agent / NT-MLE |
| Dalen Terry | SG | $3,510,480 | $3,510,480 | - | - | - | $3,510,480 | 1.59 | 2.49 |
$8,909,598
($3,510,480)
|
Drafted / Rookie Scale |
| Torrey Craig | SF | $2,845,342 | $2,845,342 | - | - | - | $2,845,342 | 1.29 | 2.02 |
$2,845,342
($2,845,342)
|
Free Agent / Minimum |
| Onuralp Bitim | SG | $1,891,857 | $1,891,857 | - | - | - | $1,891,857 | 0.86 | 1.34 |
$4,113,534
($0)
|
RoS
/ NT-MLE
G'teed: $0
|
| Julian Phillips | SF | $1,891,857 | $1,891,857 | - | - | - | $1,891,857 | 0.86 | 1.34 |
$6,519,739
($4,113,534)
|
Drafted / 2nd Round |
2024-25 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/Tax Allocations.
| Player (1) | Pos. | |||||
|---|---|---|---|---|---|---|
| Andrew Funk | SG |
2024-25 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 (7) | Pos. | Qualifying Offer | Likely Incent. | Unlikely Incent. | Trade Kicker | Cap Figure | Rights |
|---|---|---|---|---|---|---|---|
| DeMar DeRozan | SF | - | $42,900,000 | Bird | |||
| Patrick Williams | SF | $12,973,527 | $29,507,643 | Restricted Bird | |||
| Andre Drummond | C | - | $4,368,000 | Early Bird | |||
| Javonte Green | SG | - | $2,093,637 | Non-Bird | |||
| Matt Thomas | SG | - | $2,093,637 | Non-Bird | |||
| Henri Drell | SF | $1,867,722 | $1,867,722 | Two-Way | |||
| Adama Sanogo | PF | $1,867,722 | $1,867,722 | Two-Way | |||
| Incomplete Roster Charge | 1 spots | 1 spots | $1,160,544 | ||||
| Round 1, Pick #11 | $5,026,800 |
2024-25 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 | |
|---|---|---|
| 2024 NBA Luxury Tax Threshold | $171,315,000 | |
| Total Taxable Salaries | $129,956,824 | |
| Current Luxury Tax Space | $41,358,176 | |
2024-25 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 | $129,956,824 |
| Cap Holds | $90,885,705 |
| Total Cap Allocations | $220,842,529 |
| Salary Cap Maximum | |
| 2024 NBA Salary Cap Max | $141,000,000 |
| Current Cap Space | $-79,842,529 |
| Second Apron | |
| 2024 NBA Second Apron | $189,486,000 |
| Second Apron Space | $57,195,843 |
| Salary Cap Floor | |
| 2024 NBA Salary Cap Floor | $127,000,000 |
| Current Floor Space | $-2,956,824 |
2024-25 Practical Cap Space
| Available Practical Cap Space: | $-76,588,348 — $33,236,203 |
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.
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 |
|---|---|---|---|
| 6/29/2024 | Lonzo Ball | 2024-25 Player Option | $21,395,348 |
| 6/29/2024 | Patrick Williams | 2024-25 Qualifying Offer | $12,973,527 |
| 6/29/2024 | Henri Drell | 2024-25 Qualifying Offer — Two-Way | $1,867,722 |
| 6/29/2024 | Adama Sanogo | 2024-25 Qualifying Offer | $1,867,722 |
| 6/29/2024 | Julian Phillips | 2026-27 Club Option | $2,406,205 |
| 6/29/2024 | Torrey Craig | 2024-25 Player Option | $2,845,342 |
| 6/30/2024 | Alex Caruso | 2024-25 Guaranteed | $9,890,000 |
| 10/22/2024 | Onuralp Bitim | 2024-25 Guaranteed — Opening Night - TBD | $350,000 |
| 10/31/2024 | Dalen Terry | 2025-26 Club Option | $5,399,118 |
| 1/10/2025 | Onuralp Bitim | 2024-25 Guaranteed | $1,891,857 |
| 6/29/2025 | Jevon Carter | 2025-26 Player Option | $6,809,524 |
| 6/29/2025 | Andrew Funk | 2025-26 Qualifying Offer — Two-Way | $2,054,495 |
| 6/29/2025 | Onuralp Bitim | 2025-26 Guaranteed | $554,419 |
| 10/21/2025 | Onuralp Bitim | 2025-26 Guaranteed — Opening Night - TBD | $1,110,838 |
| 1/10/2026 | Onuralp Bitim | 2025-26 Guaranteed | $2,221,677 |
| 6/29/2026 | Dalen Terry | 2026-27 Qualifying Offer | $7,661,348 |
| 6/29/2026 | Onuralp Bitim | 2026-27 Qualifying Offer | $2,999,264 |
| 6/29/2026 | Zach LaVine | 2026-27 Player Option | $48,967,380 |
Unsigned Draft Picks
| Draft Year | Player | Age | Position | Country | College |
|---|---|---|---|---|---|
| 2011 | Jon Diebler | 35 | SG | USA | Ohio State |
| 2004 | Albert Miralles | 41 | PF | ESP |
Future Draft Picks
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | ||||||||||||||||||||||||||||||
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CHI
Top-10 Protected
|
SAS
11-30
|
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POR
Top-14 Protected (if not already settled with CHI)
|
CHI
15-30 (if not already settled)
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| 2026 | ||||||||||||||||||||||||||||||
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CHI
Top-8 Protected (if not already settled with SAS)
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SAS
9-30 (if not already settled)
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POR
Top-14 Protected (if not already settled with CHI)
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CHI
15-30 (if not already settled)
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| 2027 | ||||||||||||||||||||||||||||||
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CHI
Top-8 Protected (if not already settled with SAS)
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SAS
9-30 (if not already settled)
|
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POR
Top-14 Protected (if not already settled with CHI)
|
CHI
15-30 (if not already settled)
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| 2028 | ||||||||||||||||||||||||||||||
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CHI
|
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POR
Top-14 Protected (if not already settled with CHI)
|
CHI
15-30 (if not already settled)
|
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| 2029 | ||||||||||||||||||||||||||||||
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CHI
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| 2030 | ||||||||||||||||||||||||||||||
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CHI
|
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| 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 | 50 | 51 | 52 | 53 | 54 | 55 | 56 | 57 | 58 | 59 | 60 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | ||||||||||||||||||||||||||||||
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SAS
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| 2026 | ||||||||||||||||||||||||||||||
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WAS
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| 2027 | ||||||||||||||||||||||||||||||
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WAS
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| 2028 | ||||||||||||||||||||||||||||||
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CHI SAS
CHI pick if CHI conveys 1st to SAS by 2027 or 2028; SAS pick if CHI does not convey 1st to SAS by 2027 or 2028
|
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POR CHI
POR pick if POR conveys 1st to CHI by 2028; CHI pick if POR does not convey 1st to POR by 2028
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| 2029 | ||||||||||||||||||||||||||||||
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CHI
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| 2030 | ||||||||||||||||||||||||||||||
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CHI
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