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. The next franchise we’ll be looking at are the Chicago Bulls, who currently are over the league’s salary cap of $94,143,000 for the 2016/17 season. You can always check RosterResource.com 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= $94,509,892


Non-Guaranteed Salary

  • Spencer Dinwiddie — $980,431 (Salary becomes partially guaranteed for $400K on 11/1/16). [Salary Fully Guaranteed on 1/10/17]
  • Cristiano Felicio — $874,636 [Salary Fully Guaranteed on 1/10/17]
  • J.J. Avila — $543,471  [Salary Fully Guaranteed on 1/10/17]
  • Vince Hunter — $543,471  [Salary Fully Guaranteed on 1/10/17]
  • D’Vauntes Smith-Rivera — $543,471  [Salary Fully Guaranteed on 1/10/17]

Total Non-Guaranteed Salary= $3,485,480


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: $97,995,372

Salary Cap: $94,143,000

Estimated Available Cap Space: $3,852,372

Luxury Tax Threshold: $113,287,000

Amount Below Luxury Tax: $15,291,628

Last Update: 9/21/16

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

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3 Comments on "Salary Cap Snapshot: Chicago Bulls"

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Connorsoxfan
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Connorsoxfan
1 month 29 days ago

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
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json-api
1 month 28 days ago

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

Steve Pasek
Member
Steve Pasek
1 month 26 days ago

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

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