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2015/16 Salary Cap: Chicago Bulls

The NBA’s salary cap for 2015/16 has been set at $70MM, which is an 11% increase from this past season, and the luxury tax line will be $84.74MM. The last cap projection from the league had been $67.1MM, and the projection for the tax line had been $81.6MM.

With the October 26th cutoff date to set regular season rosters now past, we at Hoops Rumors are in the process of running down the current salary cap commitments for each NBA franchise for the 2015/16 campaign. Here’s the cap breakdown for the Chicago Bulls, whose regular season roster can be viewed here:

  • 2015/16 Salary Cap= $70,000,000
  • 2015/16 Luxury Tax Line= $84,740,000
  • Fully Guaranteed Salary Commitments= $87,654,223*
  • Partially Guaranteed Salary Commitments=  $425,000
  • Non-Guaranteed Salary Commitments= $945,152
  • Total Salary Cap Commitments= $89,024,375
  • Remaining Cap Room= -$19,024,375
  • Amount Over Luxury Tax Line= $4,706,558

*Note: This amount includes the $333,333 owed to Richard Hamilton, who was waived via the stretch provision.

Cap Exceptions Available:

  • Taxpayer’s Mid-Level Exception= $1,126,000

Cash Available to Send Out In Trades= $3,400,000

Cash Available to Receive Via Trade= $3,400,000

Last updated: 10/30/15 @ 8:30pm

The Basketball Insiders salary pages were used in the creation of this post.

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