Bulls Exercise Options On Markkanen, Dunn, Valentine

The Bulls have exercised their 2019/20 team options on three players, announcing today in a press release that Lauri Markkanen, Kris Dunn, and Denzel Valentine have all had their salaries guaranteed for next season.

[RELATED: Decisions On 2019/20 Rookie Scale Team Options]

Dunn and Valentine were 2016 draft picks, so their options for 2019/20 are for the fourth and final year of their respective rookie scale contracts. Dunn’s will have a cap charge of $5,348,007, while Valentine’s is worth $3,377,569. Both players will be eligible for rookie scale extensions during the 2019 offseason before entering the last year of their rookie deals. If they don’t sign extensions, they’ll remain on track for restricted free agency in 2020.

Markkanen’s $5,300,400 option is for his third year, meaning the Bulls will have one more option decision to make on his rookie contract next October. He won’t be extension-eligible until 2020.

Unfortunately for the Bulls, all three of these young players are currently injured, with Markkanen sidelined by an elbow injury, Dunn recovering from an MCL sprain, and Valentine battling an ankle issue. Barring setbacks, all three players could get back on the court for Chicago within the next four or five weeks.

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