Chicago Bulls Team Salary
Quick: In the tax with a hard cap. 20th and 49th picks in the 2013 NBA Draft.
Exceptions: TPE $5.0 million (Kyle Korver, expiring 7/16/2013)
Acquisitions: Used part of the Mid-Level Exception to acquire Kirk Hinrich (two-year, $8 million deal). Signed Marco Belinelli to a one-year $1.957 million deal via Bi-Annual Exception. Signed Vladimir Radmanovic, Nazr Mohammed and Nate Robinson to one-year minimum deals. Signed 29th-pick Marquis Teague. Received Cash and a $5 million trade exception for Kyle Korver. Camp invites include Kyrylo Fesenko, Marko Jaric, Ryan Allen, Vance Cooksey and Andre Emmett. Picked up the third-year option on Jimmy Butler. Gave Taj Gibson a four-year, $33 million extension. Signed Daequan Cook to a one-year deal. Signed Lou Amundson to a 10-day contract. Signed Malcolm Thomas to a pair of 10-day contracts followed by a two-year deal (second season partial/non-guaranteed).
Waived Players: Vance Cooksey, Andre Emmett, Kyrylo Fesenko, Marko Jaric, Ryan Allen, Lou Amundson
Roster Count: 15 guaranteed
PG: Derrick Rose, Kirk Hinrich, Nate Robinson, Marquis Teague
SG: Marco Belinelli, Rip Hamilton, Daequan Cook
SF: Luol Deng, Jimmy Butler
PF: Carlos Boozer, Taj Gibson, Malcolm Thomas, Vladimir Radmanovic
C: Joakim Noah, Nazr Mohammed
*Note: Teams often adjust their depth chart throughout the season, sometimes game by game.
Non-Bird: Brian Scalabrine (retired)
Head Coach: Tom Thibodeau, signed a four-year extension taking him through 2016/17, for approximately $17-20 million (not including 2013/14).
Unsigned Picks: Nikola Mirotic (first rounder), Vladimir Veremeenko (second)
Amnesty: Available. Eligible players include Carlos Boozer, Luol Deng and Joakim Noah
2013 – Owed first-rounder (top-12 protected, top-10 protected in 2014, top-8 protected in 2015, unprotected in 2016) from Charlotte Bobcats (Tyrus Thomas).
Cash Paid ($3.1 million max): $0
Key: B = Bird Rights; E = Early Bird Rights; BR = Bird/Restricted; NB = Non-Bird;
DF = Declined Option on First-Round Scale; WB = Waived Bird; M = Minimum
What is a cap hold? A cap hold is the amount of space a free agent counts towards a team’s cap. These “cap holds” factor in when a team signs free agents. If they didn’t exist, a team could use their cap space to sign other free agents until the space was gone, and then re-sign their own free agents using the Bird exception. A cap hold cannot exceed the maximum contract offer that player can receive on the open market (as defined by years of experience – indicated in the table above by MAX followed by the years of experience). The cap hold disappears if the team renounces their own free agent, that free agent signs with a new team, or re-signs with the same team.
Notes: A free agent does not become restricted until the team issues a qualifying offer. If a player’s option on a first-round rookie scale contract is declined (DF), the most the team can pay is the amount of the declined option (without using a larger exception or cap room). Should a player allow for their Bird Rights to be waived during the season in trade (WB), the most the team can pay is 120% of their prior salary (without using a larger exception or cap room).
Qualifying offers do not count towards the total team salary for that season and are informational only.
Unsigned first-round picks (UF) are not guaranteed until signed but their salary counts against the cap during the offseason. A typical UF gets a bump of 120% upon signing.
Players with at least three years of experience who are signed to a one-year, vet-min contract are only charged $854,389 to the cap and tax. Actual salary amount, which applies to trades is listed under notes.
“Camp invites” can put a team over the hard cap but the math must be resolved by opening night.
Salary and team data changes quite often. If you notice a discrepancy, please notify HOOPSWORLD Senior Writer Eric Pincus.
(Updated on 5/18/13)