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Salary Cap Snapshot: Chicago Bulls

With the free agent signing period winding down and teams looking ahead to the preseason, we at Hoops Rumors will be tracking the Salary Cap figures for each team around the league.  These posts will be maintained throughout the season once financial data is reported. These posts will be located on the sidebar throughout the year, once all the teams’ cap figures have been relayed. You can always check for up-to-date rosters for each franchise, with the Bulls’ team page accessible here.

Here’s a breakdown of where the Bulls currently stand financially:

Guaranteed Salary

Total Guaranteed Salary= $95,394,591

Non-Guaranteed Salary

Total Non-Guaranteed Salary= $874,636

Eligible for Rookie Scale Extensions:

Cash Sent Out Via Trade: $0 [Amount Remaining $3.5MM]

Cash Received Via Trade: $0 [Amount Remaining $3.5MM]

Payroll Exceptions Available

  • Room Exception — $2,898,000

Total Projected Payroll: $96,269,227

Salary Cap: $94,143,000

Estimated Available Cap Space: $2,126,227

Luxury Tax Threshold: $113,287,000

Amount Below Luxury Tax: $17,017,773

Last Update: 10/21/16

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

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3 thoughts on “Salary Cap Snapshot: Chicago Bulls

  1. Connorsoxfan

    Is tony snell trash? I thought he was supposed to be decent but I see negative comments surrounding him here all the time. I don’t watch the bulls enough to know.

    • json-api

      He’s a great shooter and a decent defensive player I like him

    • Steve in Chicago

      He is trash. Now you have both opinions of him thst exist.

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