A good season in the NBA doesn’t just happen on the field. This also happens on the financial side! Bank management is fundamental to any NBA team, so it’s time to take a look at Chicago Bulls salaries for the 2022-23 season.
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2022-23 CHICAGO BULLS SALARIES
UFA: NON-RESTRICTED FREE-AGENT RFA: RESTRICTED FREE-AGENT
Financial situation in relation to the salary cap
- The Luxury Tax threshold is set at $150,267,000 this year.
- The NBA Salary Cap is set at $123,655,000 this year.
With $153,049,097 contractually committed for this 2022-23 season, the Bulls pass nicely above the threshold to be able to pay their stars but nothing excessive.
When you have 4 players at 20 million per season, things go pretty quickly in terms of finances, but the Bulls do not go overboard and the Luxury Tax threshold, although exceeded, remains within reach. That’s the price to pay for having 3 All-Stars and Alex “the GOAT” Caruso. Behind the major players, nothing abused since White is still in his rookie contract and Dede Drummond and Derrick Jones Jr will only receive 3 million for the season.
Players under guaranteed contracts for the 2023-24 season: 6
- Zach LaVine
- DeMar DeRozan
- Alex Caruso
- patrick williams
- Dalen Terry
The front office of the Bulls has done its job well and has managed to maintain the trio of outsiders who constitute the hard core and represent the concrete project of the franchise. The Vucevic file is to be managed as soon as possible (see below) but it is the only one for which they really have to worry. Even though Lonzo Ball is still out indefinitely, he really seems to be part of the project in Chicago, while there’s no doubt about LaVine, extended this summer, and DeMar DeRozan, who achieved an MVP season in 2021- 22. The Bulls can approach this season calmly.
Three players to watch this season:
Vooch will make 22 million this season in Windy City and his tenure in Chicago may be coming to an end. The 32-year-old four-time All-Star went from averaging 24.5 points in his final year in Orlando to 21.5 and then 17.6 in his two seasons as a Bull. Nothing very worrying but it may be a bit fair for a fellow paid 22 million per season. A lot of transfer rumors have surrounded him this summer and we shouldn’t be surprised to see the big Vuc’ packing his bags in a few months.
This is a second veteran that will have to be watched this season on the side of the Bulls. Signed this summer for a freelance only, the Dragon has managed to find a point of revival in the NBA as his days in the League seem increasingly fleeting. Passed by Toronto then Brooklyn in a rather anecdotal way, this season in Chicago could well be his last in the Big League. At 36, he was still running at 7.5 pawns last year, in 21 games played. His EuroBasket campaign (15 points on average) must have boosted his confidence, but he will have to find playing time in Chicago, and it will be easier now that Lonzo is on the sidelines for several more weeks.
The seventh pick in the 2019 Draft has been pretty good so far. Capable of huge hot shots like huge breakdowns of address, White still runs at 13.7 points on average since seasons. He will be a restricted free agent this summer and like any player in the last year of his contract, he will have to send the potato to sign and touch a nice chekos in Chicago or elsewhere. That’s good for him, starting point guard Lonzo Ball is (still) out and Coby should keep his few free minutes in the lead.
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Chicago Bulls salaries – 2022-23 NBA season