Chicago Bulls Cap Sheet

For a list of Chicago’s draft picks click here.

2019-20 Breakdown:

Important Dates:

6/29/19: Qualifying offer must be submitted by today to Arcidiacono and Seldon to make either a restricted free agent.

6/29/19: Walt Lemon Jr can now be traded.

First day(date TBD): Last day Kris Dunn and Denzel Valentine can sign an extension.

10/31/19: Lauri Markkanen, Wendell Carter Jr, and Chandler Hutchison must have team options for 2020-21 exercised by today.

Non-Guaranteed Contracts:

  1. Shaquille Harrison: 175,000 guaranteed 8/15/19. Rest of contract guaranteed 1/10/20.
  2. Walt Lemon Jr: Contract guaranteed 1/10/20

Dead Money:

  1. Omer Asik: 3,000,001

How was the “likely cap space” projected:

  1. Renounced Robin Lopez, Timothe Luwawu-Cabarrot, Wayne Seldon, Ryan Arcidiacono, Brandon Sampson, and Rawle Alkin’s rights removing their cap holds.
  2. Waived non-guaranteed contracts of Walt Lemon Jr and Shaquille Harrison.

All these moves would get Chicago to 20.8 million in cap space.

2020-21 Breakdown:

Important Dates:

6/29/20: Qualifying offer must be submitted by today to Kris Dunn, Denzel Valentin, Antonio Blakeney, Walt Lemon Jr, and Shaquille Harrison to make them restricted free agents.

6/29/20: Otto Porter must opt in to his player option by today.

First Day(TBD): Last day Lauri Markkanen can sign extension.

10/31/20: Wendell Carter Jr and Chandler Hutchison must have team options for 2021-22 by today.

How was the “likely cap space” projected: 

  1. Renounced Denzel Valentine, Antonio Blakeney, Walt Lemon Jr, and Shaquille Harrison’s rights removing their cap hold.

All these moves would get Chicago to 20.4 million in cap space.

2021-22 Breakdown:

Important Dates:

6/29/21: Qualifying offer must be submitted to Lauri Markkanen today to make him restricted free agent.

First Day(TBD): Last day Wendell Carter Jr and Chandler Hutchison can sign an extension.

How was the “likely cap space” projected:

  1. Renounced Otto Porter Jr and Cristiano Felicio’s rights to remove cap hold.

All these moves get Chicago to 58.3 million in cap space.

2022-23 Breakdown:

Important Dates:

6/29/22: Qualifying offer must be submitted to Wendell Carter Jr and Chandler Hutchison to make them restricted free agents.

Please, if you notice any errors or have any questions feel free to contact me.