Blue - Player Option
Red - Team Option
Brown - Qualifying Offer
Mauve - See Notes Below
Salary Notes
2014-15
- Joakim Noah's base salary is $12,200,000. However, since he has performance bonuses currently classified as "likely to be achieved", his cap figure is $12,700,000.
- Rip Hamilton was waived by the Bulls on July 10, 2013. Using the NBA's stretch provision, his cap hit was spread out over three seasons to cover the $1 million his contract was guaranteed for.
- Rip Hamilton was waived by the Bulls on July 10, 2013. Using the NBA's stretch provision, his cap hit was spread out over three seasons to cover the $1 million his contract was guaranteed for.
- Cameron Bairstow's contract is guaranteed for $425,000. There is no guarantee date.
- Cameron Bairstow's contract is non-guaranteed.
The NBA team salary cap for 2014-15 is $63.065 million
The NBA luxury tax threshold for 2014-15 is $76.829 million
Contract Notes
- Derrick Rose - Contract contains a 15% trade kicker.
- Joakim Noah - Contract contains incentives, including $500,000 for being named Defensive Player of the Year and $500,000 for being named NBA Finals MVP
- Taj Gibson - Contract contains incentives, including $250,000 for being named 2nd Team All-Defense and $500,000 for being named 1st Team All-Defense
- Pau Gasol - Contract contains a 15% trade kicker
- Nikola Mirotic - Contract contains a 15% trade kicker. Contract also contains incentives that are worth up to $2,385,000. Mirotic's contract with Real Madrid had a buyout of 2.5 million Euros ($3.38 million), of which the Bulls were allowed to pay $600,000. Mirotic had to pay the rest out of his salary. The buyout was payable in two installments.
Information for this page was compiled from my own sources and the following websites:
Basketball Insiders.com
ShamSports.com