The latest info on the Chicago Bulls Team Salary:
Quick: Over the cap and hard-capped by the Lonzo Ball sign-and-trade.
Salary Cap: $112,414,000
Luxury Tax Threshold: $136,606,000
Hard Cap: $143,002,000
Projection for 2022-23 (cap $119 million): Up to $13.7 million in cap room, none with Zach LaVine.
Roster Count: 13 guaranteed, one two-way
Chicago Bulls Team Salary Depth Chart:
PG: Lonzo Ball, Alex Caruso, Ayo Dosunmu, Devon Dotson (two-way), Coby White (injured)
SG: Zach LaVine, Javonte Green
SF: DeMar DeRozan, Troy Brown Jr
PF: Patrick Williams, Derrick Jones Jr
C: Nikola Vucevic, Tony Bradley, Marko Simonovic
Note: Teams often adjust their depth chart throughout the season, sometimes game by game. Coby White out for at least four months, as of June 10, 2021 (shoulder).
- Trade Exception (Daniel Theis, expiring 8/7/22) — $5,000,000
- Non-Taxpayer Mid-Level Exception — $10,742 (Alex Caruso, Marko Simonovic)
- Bi-Annual Exception — $3,732,000
Non-Guaranteed Salaries — Next Cut-Down Date*
* Teams and players can agree to push back cut-down dates but not past January 7 each year.
Rookie-Scale Extension Eligible
- Troy Brown Jr
- Patrick Williams (third-year)
- Coby White (fourth-year)
Waived Players: None
Traded Players: Daniel Theis (sign-and-trade), Garrett Temple (sign-and-trade), Tomas Satoransky, Thaddeus Young, Al-Farouq Aminu, Lauri Markkanen (sign-and-trade)
G-League Affiliate: Windy City Bulls (Brad Seymour president, Josh Kreibich general manager, Damian Cotter head coach)
Two-Way Contracts: Devon Dotson
Note: Two-Way Contracts pay $462,629 for the full 2021-22 season, pro-rated based on in-season signing date.
Governor: Michael Reinsdorf
- Arturas Karnisovas — executive vice president of basketball operations
- Marc Eversley — general manager
- Pat Connelly — vice president of player personnel
- JJ Polk — assistant general manager
- Steve Weinman — assistant general manager
- Brian Hagen — associate general manager
- Jim Paxson — director of pro personnel
- Doug Collins — senior advisor of basketball operations
- John Paxon — senior advisor of basketball operations
Chicago Bulls Team Salary Coaching Staff
Head Coach: Billy Donovan
Assistants: Maurice Cheeks, Chris Fleming, Josh Longstaff, John Bryant, Damian Cotter, Billy Schmidt
Training Staff: Chip Schaefer (director of performance health), Todd Campbell (head athletic trainer), Arnold Lee (assistant athletic trainer), Matthew Johnson (head strength coach), Geoffrey Puls (assistant strength coach)
- 2022 — Owed a first-rounder (lottery protected through 2028, otherwise converts to a 2028 second-rounder) from the Portland Trail Blazers (Lauri Markkanen).
- 2022 — The higher of the Detroit Pistons and Chicago Bulls second-rounder to the San Antonio Spurs, the lower to the Sacramento Kings (Jameer Nelson, James Ennis, Xavier Tillman Jr, Tomas Satoransky, Russell Westbrook).
- 2023 — Owed a second-rounder (top-46 protected) from the Denver Nuggets (JaVale McGee, Lauri Markkanen).
- 2023 — Owe a first-rounder (top-4 protected in 2023, top-3 in 2024, otherwise converts to 2026 and 2027 second-rounders) to Orlando (Nikola Vucevic).
- 2023 — Owe a second-rounder to the Los Angeles Lakers (Otto Porter, Russell Westbrook).
- 2024 — Owe a second-rounder to the New Orleans Pelicans (Lonzo Ball).
- 2025 — Owe a first-rounder (top-10 protected in 2025, top-8 through 2028, otherwise converts to a 2028 second-rounder, all two-years after the obligation to the Orlando Magic) to the San Antonio Spurs (DeMar DeRozan).
- 2025 — Owe a second-rounder to the San Antonio Spurs (DeMar DeRozan).
Cash Paid ($5,785,000 max): $1.2 million to the New Orleans Pelicans (Lonzo Ball) — $4,585,000
Cash Received ($5,785,000 max): $1.1 million from the Houston Rockets (Daniel Theis) — $4,685,000
- 10/6/21 — No-aggregation restriction lifts on Derrick Jones Jr.
- 10/18/21 — Extension deadlines on Troy Brown Jr.
- 10/19/21 — First day of the 2021-22 regular season.
- 10/31/21 — Team options on Coby White and Patrick Williams.
- 12/15/21 — No-trade restrictions lift on Lonzo Ball, Javonte Graham, Tony Bradley, DeMar DeRozan and Alex Caruso.
- 4/10/22 — Final day of the 2021-22 regular season.
- 6/23/22 — NBA Draft.
- 6/29/22 — Qualifying offer deadlines on Devon Dotson (two-way) and Troy Brown Jr.
- 7/1/22 — Start of the 2022-23 calendar year and moratorium.
- 7/5/22 — Final day of the moratorium.
- 7/7/22 — Daniel Theis trade exception expires.
- Before the first day of 2022-23 season — Extension deadline on Coby White.
- 10/31/22 — Team option on Patrick Williams.
- 6/29/23 — Qualifying offer deadlines on Coby White and Ayo Dosunmu.
- 7/7/23 — Marko Simonovic’s $1,836,096 guarantees for 2023-24.
- Before the first day of 2023-24 season — Extension deadline on Patrick Williams.
- 6/29/24 — Qualifying offer deadlines on Patrick Williams and Marko Simonovic.
- 6/29/24 — Player option for Lonzo Ball.
- 6/30/24 — Alex Caruso’s $9,890,000 guarantees for 2024-25.
Teams and players can renegotiate guarantee dates but no later than January 7 each year.
- 5/21/21 — Al-Farouq Aminu opted into the final year of his contract.
- 6/22/21 — Received the No. 8 pick in the NBA Draft Lottery, conveying to the Orlando Magic (Nikola Vucevic).
- 7/29/21 — Drafted Ayo Dosunmu (2021-38th).
- 7/30/21 — Issued qualifying offers to Lauri Markkanen and Devon Dotson.
- 8/1/21 — Issued a qualifying offer to Javonte Green.
- 8/1/21 — Declined to issue qualifying offer to Adam Mokoka.
- 8/1/21 — Declined the team option on Ryan Arcidiacono.
- 8/1/21 — Thaddeus Young’s $15,190,000 guaranteed for 2021-22.
- 8/1/21 — Tomas Satoransky’s $10 million guaranteed for 2021-22.
- 8/7/21 — Traded Daniel Theis (via sign-and-trade) to the Houston Rockets for $1.1 million, generating a $5 million trade exception.
- 8/8/21 — Renounced the rights to Denzel Valentine and Cristiano Felicio.
- 8/8/21 — Traded Garrett Temple (via sign-and-trade), Tomas Satoransky, a 2024 second-rounder and $1.2 million to the New Orleans Pelicans for Lonzo Ball, via sign-and-trade to a four-year $84 million contract with $1 million of unlikely annual incentives, player option on the final season.
- 8/10/21 — Signed Alex Caruso to a partially-guaranteed four-year $36,980,000 contract, via the non-taxpayer mid-level exception.
- 8/11/21 — Traded Thaddeus Young, Al-Farouq Aminu, a 2022 second-rounder (via the Los Angeles Lakers, Detroit Pistons or Bulls), a 2025 first-rounder (top-10 protected in 2025, top-8 through 2028, otherwise converts to a 2028 second-rounder, all two-years after the obligation to the Orlando Magic) and a 2025 second-rounder to the San Antonio Spurs for DeMar DeRozan, via sign-and-trade to a three-year $81.9 million contract.
- 8/11/21 — Signed Tony Bradley to a two-year $3,825,574 minimum contract, player option on the final season.
- 8/11/21 — Re-signed Jevonte Graham to a two-year $3,484,855 minimum contract.
- 8/12/21 — Signed Marko Simonovic (2020-44th) to a partially-guaranteed three-year $4,324,872 contract, via the non-taxpayer mid-level exception.
- 8/12/21 — Signed Ayo Dosunmu (2021-38th) to a two-year $2,488,776 minimum contract.
- 8/13/21 — Re-signed Devon Dotson to a two-way contract ($50,000 guaranteed).
- 8/28/21 — Traded Lauri Markkanen (via sign-and-trade) to the Cleveland Cavaliers for a Denver Nuggets 2023 second-rounder (top-46 protected) from the Cavaliers, and Derrick Jones Jr, a 2022 first-rounder (lottery protected through 2028, otherwise converts to a 2028 second-rounder) from the Portland Trail Blazers.
Note: Players can waive their trade bonuses.
Expired 10-Day Contracts: None
Unsigned Draft Picks:
- First-rounders: None
- Second-rounders: Jon Diebler (2011-51st), Albert Miralles (2004-39th)
Free Agents (with Cap Holds)
- Full Bird: Ryan Arcidiacono ($5.7 million)
- Early Bird: Adam Mokoka (two-way)
Arena: United Center
Latest Chicago Bulls Betting Odds & Information
If you are looking to bet on the Chicago Bulls, make sure to check on our guide about sports betting in Illinois. You can also use one of the numerous US online sportsbooks or one of the offshore betting sites or bet on the go with the best mobile sports betting apps.
Legal sports betting is now available in Illinois and it’s no surprise that some of the online NBA betting apps have put up some early prices for the 2022 NBA Championship pennant. It’s a little bit of a surprise that the Bulls are +10000 (100-1) to win the championship but that reflects the NBA sportsbooks’ thoughts on the current roster.
This Bulls never made the NBA PlayOffs in 2021 and so their odds on reaching the NBA Finals do seem to be pretty accurate. However, the Bulls are a big franchise and there’s always the hope that they go on a late-season tear. Fans will no doubt be using their legal betting apps to place some wagers on the team pre-season, but maybe in hope of a payout more than expectation of one.
These odds are subject to change though, particularly after the NBA Draft has been completed. For all up-to-date NBA Betting information be sure to check back elsewhere on the site regularly, where our team will not only post the latest odds from the best NBA Sportsbooks but also some analysis and expert predictions for the 2022 NBA season.
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