Chicago Bulls 2024-25 Financial Summary

A current summary of Chicago Bulls 2024-25 player cap & cash figures.

SEASON
TEAM
 
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Pistons Acquire Kevin Huerter In Three-Team Trade that Sends Jaden Ivey, Mike Conley To Bulls
Total Cap

$168,006,873 / 23rd

Cap Space

$-27,418,873 / 8th

Projected Cash Payroll

$169,470,149 / 17th

Cash Total

$169,470,149 / 17th

2024-25 Active Roster

Non-Guaranteed
  Player (15) Pos Age Cap Hit Cap Hit Pct League Cap Apron Salary Luxury Tax Cash Total Cash Guaranteed Free Agent Year
1
 Ball Lonzo Ball PG 27 $21,395,348 15.22% $22,395,348 $21,395,348 $21,395,348 $21,395,348
2
 Vucevic Nikola Vucevic C 34 $20,000,000 14.23% $20,000,000 $20,000,000 $20,000,000 $20,000,000 2026
3
 Williams Patrick Williams PF 23 $18,000,000 12.80% $18,000,000 $18,000,000 $18,000,000 $18,000,000 2029
4
 Huerter Kevin Huerter SG 26 $16,830,357 11.97% $16,830,357 $16,830,357 $6,770,833 $16,830,357 2026
5
 Collins Zach Collins C 27 $16,741,200 11.91% $16,741,200 $16,741,200 $6,734,966 $16,741,200 2026
6
 White Coby White PG 24 $12,000,000 8.54% $13,333,333 $12,000,000 $12,000,000 $12,000,000 2026
7
 Jones Tre Jones PG 25 $9,104,167 6.48% $9,583,334 $9,104,167 $3,662,596 $9,104,167 2028
8
 Smith Jalen Smith PF 24 $8,571,429 6.10% $8,571,429 $8,571,429 $8,571,429 $8,571,429 2027
9
 Giddey Josh Giddey SG 22 $8,352,367 5.94% $8,352,367 $8,352,367 $8,352,367 $8,352,367 2029
10
 Dosunmu Ayo Dosunmu PG 25 $7,000,000 4.98% $7,000,000 $7,000,000 $7,000,000 $7,000,000 2026
11
 Carter Jevon Carter PG 29 $6,500,000 4.62% $6,500,000 $6,500,000 $6,500,000 $6,500,000 2026
12
 Buzelis Matas Buzelis SF 20 $5,195,520 3.70% $5,195,520 $5,195,520 $5,195,520 $5,195,520 2028
13
 Terry Dalen Terry SG 22 $3,510,480 2.50% $3,510,480 $3,510,480 $3,510,480 $3,510,480 2026
14
 Horton-Tucker Talen Horton-Tucker SG 24 $2,087,519 1.48% $2,087,519 $2,087,519 $2,425,403 $2,425,403 2025
15
 Phillips Julian Phillips SF 21 $1,891,857 1.35% $1,891,857 $1,891,857 $1,891,857 $1,891,857 2027

2024-25 Dead Money

Cap breakdowns for players who have been traded or released. All count against the team's cap.

  Player (2) Pos Age Cap Hit Cap Hit Pct League Cap Apron Salary Luxury Tax Cash Total Cash Guaranteed
1
 Duarte Chris Duarte SF 27 $5,893,768 4.19% $5,893,768 $5,893,768 $5,893,768 -
2
 Craig Torrey Craig SF 34 $2,845,342 2.02% $2,845,342 $2,845,342 $2,845,342 -

2024-25 Cap Hold

Cap holds represent "placeholders" for pending free agents, unsigned draft picks, offer sheets, etc.

  Player (1) Pos Age Cap Hit Cap Hit Pct League Cap          
1
 Thomas Matt Thomas SG 30 $2,087,519 1.48% Non-Bird

2024 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.

Type Reason Used On Expires Original Available
Non-Taxpayer Mid-Level
Jalen Smith
$8,571,429
 End-of-Season $12,822,000 $4,250,571
Bi-Annual
End-of-Season $4,668,000 $4,668,000
Disabled Player
Noa Essengue
 3/10/2026 $2,714,760 $2,714,760
Trade
Kevin Huerter trade with DET
 2/3/2027 $17,991,071 $17,991,071
Trade
Coby White trade with CHA
 2/4/2027 $1,218,007 $1,218,007
Trade
Ousmane Dieng trade with MIL
 2/5/2027 $6,670,882 $6,670,882
Trade
Julian Phillips trade with MIN
 2/5/2027 $2,221,677 $2,221,677

2024 Cap Totals

Cap Maximum Summary
Cap Maximum $140,588,000
Active Roster $157,180,244 22nd
Dead Money $8,739,110 5th
Cap Hold $2,087,519 21st
Total Allocations $168,006,873 23rd
Space $-27,418,873 8th
1st Apron Summary
1st Apron Maximum
This team is currently hard-capped at the first apron.
 $178,132,000
Total Allocations $168,731,854 -
Space $9,400,146 -
2nd Apron Summary
2nd Apron Maximum $188,931,000
Total Allocations $168,731,854 -
Space $20,199,146 -

2024 Tax Totals

Tax Summary
Tax Threshold $170,814,000
Total Allocations $165,919,354 24th
Space $4,894,646 7th
Ext. Luxury Tax Bill $0 -

2024 Deadlines

Deadline Date Player Type Value
6/29/2026 Leonard Miller
CLUB
2026-27 Club Option — non-guaranteed
6/29/2026 Mac McClung
RFA / QO
2026-27 Qualifying Offer — Two-Way
6/29/2026 Yuki Kawamura
RFA / QO
2026-27 Qualifying Offer — Two-Way
6/29/2026 Lachlan Olbrich
RFA / QO
2026-27 Qualifying Offer — Two-Way
6/29/2026 Jaden Ivey
RFA / QO
2026-27 Qualifying Offer 		$13,402,098
6/30/2026 Leonard Miller
GUARANTEED
2026-27 Guaranteed 		$2,406,205
7/8/2026 Jalen Smith
EXTENSION ELIGIBLE
2026-27 Extension Eligible
10/31/2026 Noa Essengue
CLUB
2027-28 Club Option 		$5,972,760
10/31/2026 Matas Buzelis
CLUB
2027-28 Club Option 		$7,584,283
10/31/2026 Rob Dillingham
CLUB
2027-28 Club Option 		$8,763,216
6/29/2027 Tre Jones
CLUB
2027-28 Club Option 		$8,000,000
6/29/2027 Matas Buzelis
RFA / QO
2028-29 Qualifying Offer 		$11,141,312
7/1/2027 Matas Buzelis
EXTENSION ELIGIBLE
2027-28 Extension Eligible
7/1/2027 Rob Dillingham
EXTENSION ELIGIBLE
2027-28 Extension Eligible
7/6/2027 Patrick Williams
EXTENSION ELIGIBLE
2027-28 Extension Eligible
7/6/2027 Tre Jones
EXTENSION ELIGIBLE
2027-28 Extension Eligible
10/31/2027 Noa Essengue
CLUB
2028-29 Club Option 		$8,230,464
6/29/2028 Rob Dillingham
RFA / QO
2028-29 Qualifying Offer 		$12,689,137
6/29/2028 Patrick Williams
PLAYER
2028-29 Player Option 		$18,000,000
7/1/2028 Noa Essengue
EXTENSION ELIGIBLE
2028-29 Extension Eligible
6/29/2029 Noa Essengue
RFA / QO
2029-30 Qualifying Offer 		$12,148,165

2024 Unsigned Draft Picks

Draft Year Player Pos Age Country College
2011 Jon Diebler SG 37 United States Ohio State
2004 Albert Miralles PF 43 Spain

Future Draft Picks

2026
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
CHI
SAS
POR
If 1-14
CHI
If 15-30

2027
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
CHI
POR
If 1-14 if not already settled with CHI
CHI
If 15-30 if not already settled

2028
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
CHI
POR
If 1-14 if not already settled with CHI or swap with MIL
CHI
If 15-30 if not already settled

2029
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
CHI

2030
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
CHI

2031
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
CHI

2032
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
CHI

2026
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
HOU
(via WAS)
CHI
Less favorable of DEN and GSW then other to CHA (via DEN to PHX to CHA; via GOS to ATL to OKC to NYK to CHA; via CHA to PHX to MIN)
CHI
Most favorable of MIN, NOP, NYK and POR (via MIN to NYK; via NOP to POR to NOP; via POR to DET to BOS)

2027
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
DAL
(via WAS to NOP to WAS)
CHI
(via ATL to MIN)

2028
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
CHI
POR    CHI
POR pick if POR conveys 1st to CHI by 2028; CHI pick if POR does not convey 1st to POR by 2028

2029
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
CHI
CHI
Least favorable of DET, MIL and NYK then others to DET (via MIL to BRK to DET; via NYK to DET to SAC)

2030
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
CHI

2031
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
CHI
CHI
(via PHX to CHA)
CHI
Most favorable of GSW and MIN then other to DET (via MIN swap for GSW (via MIN))
CHI
(via DET to CHA)

2032
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
CHI
CHI
More favorable of HOU and PHX then other to PHX (via PHX to MIN)

TRANSACTIONS

Feb 10, 2026
Collin Sexton, PG

Fined $35,000 for making inappropriate gesture on playing court during CHI-BKN game

Feb 05, 2026
Guerschon Yabusele, PF

Chicago (CHI) declined an option for 2026-27 as part of the NYK-CHI trade

Feb 05, 2026
Nick Richards, C

Traded to Chicago (CHI) from Phoenix (PHX) as part of a 3-team trade: Chicago (CHI) traded Ousmane Dieng to Milwaukee (MIL); Milwaukee (MIL) traded Cole Anthony and Amir Coffey to Phoenix (PHX); Phoenix (PHX) traded Nigel Hayes-Davis to Milwaukee (MIL)

Feb 05, 2026
Mac McClung, PG

Signed a Two-Way contract with Chicago (CHI)

Feb 05, 2026
Leonard Miller, SF

Traded to Chicago (CHI) from Minnesota (MIN) with Rob Dillingham , 2026 2nd round pick [least favorable of DEN/GSW] , 2027 2nd round pick [CLE pick] , 2031 2nd round pick [more favorable of MIN/GSW] and 2032 2nd round pick [more favorable of PHX/HOU] for Ayo Dosunmu and Julian Phillips

View More Transactions

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