The Chicago Bulls may have the salary cap space, but it’s still unlikely they’ll land a top free agent.
The Chicago Bulls have done one thing well in an otherwise dumpster fire of a rebuild. That one thing is managing their salary cap situation.
Although they signed both Zach LaVine and Jabari Parker to big contracts in the offseason, the good news is the Parker contract will more than likely come off the books after this year. That’s because when the Bulls signed him to a two-year deal, the made sure the second year was a team option, meaning they can cut ties at the end of the season without committing any additional money.
Over the last few weeks, they have scraped together a few extra pennies with the Michael Carter-Williams and Carmelo Anthony moves. Although it remains to be seen whether that money goes into Jerry Reinsdorf’s petty cash fund, it is potentially money to be used toward next year’s free agent class.
But so what? It’s not as if the Bulls are in a position to attract top-notch free agents this offseason. They can bank all the extra salary they want and clear enough salary cap space to go big game fishing, and it’s not going to matter one bit.
For a variety of reasons, the Bulls have little to no shot at landing any of the big name free agents that are expected to be available over the summer. Not Kevin Durant, Kawhi Leonard, Kyrie Irving, Karl-Anthony Towns, Klay Thompson, or any others of that ilk.
We dive into the top three reasons why that’s the case below.