Chicago Bulls

Trade Rumors and Free Agent Analysis; Powell and Collins Signings, Cap Space Update

Trade Rumors and Free Agent Analysis; Powell and Collins Signings, Cap Space Update

Key Questions

What signings have the Bulls completed recently?

Norman Powell signed a 2-year, $45M deal and Zach Collins signed a 2-year, $17M contract. Nic Claxton's trade to the Bulls has also been made official.

How much cap space or exceptions do the Bulls currently have?

The Bulls hold a $9.4M room exception and one open roster spot. They remain $52M under the cap in an unresolved move.

Which players are the Bulls targeting with remaining flexibility?

Targets include Hachimura, Brown, Trent Jr., Okogie, Strus, Vincent, Thybulle, Richards, and Jett Howard. Walker Kessler remains a restricted free agent target.

Is Tre Jones available in trades?

Tre Jones is on the trade watch list. The team is evaluating options around its core during the rebuild.

What is the status of Isaac Okoro and other departures?

Isaac Okoro is on the trade block. Yabusele’s departure has been confirmed and the Bulls have renounced rights to several players including a former Lakers champion.

How are the Bulls viewed as a potential sleeper team?

A hype piece projects the Bulls as a sleeper in the East with a lineup featuring Giddey, Powell, Buzelis, Wilson, and Claxton. The roster moves have generated optimism.

Could De'Aaron Fox be a future trade target for the Bulls?

Speculation links De'Aaron Fox as a possible future addition. His fit is discussed in the context of evolving the roster under Bryson Graham.

How might LeBron James' free agency affect the Bulls?

LeBron's situation could create ripple effects through Klutch connections like Jalen Smith. Powell's fit and other assets are mentioned as potential trade pieces.

Norman Powell signing official (2yr/$45M), Nic Claxton trade official (farewell post confirms), Zach Collins signed (2yr/$17M) as trade chip. Bulls have $9.4M room exception and one open roster spot. Tre Jones on trade watch. Remaining targets include Hachimura, Brown, Trent Jr., Okogie, Strus, Vincent, Thybulle, Richards, Jett Howard. Walker Kessler still RFA target. Isaac Okoro on trade block. Yabusele departure confirmed. $52M under-the-radar move unresolved. DeRozan buzz and Gary Trent contract investigation mentioned. Hype article calls Bulls sleeper. Speculative LeBron ripple effect article adds new angle.

Sources (9)
Updated Jul 19, 2026