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NewsChicago Sun-TimesJuly 1, 2026Illinois

Chicago Bulls Sign Norman Powell and Extend Zach Collins

The Chicago Bulls have signed guard Norman Powell to a two-year, $45 million contract and extended center Zach Collins for two years at $17 million. Both deals include team options for the second year, allowing the team to maintain roster flexibility as they focus on developing young players.

NBAChicago BullsSportsFree AgencyBasketball
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Why It Matters

These signings commit $62 million in total potential salary while establishing the team's roster strategy of prioritizing financial flexibility and veteran support for a young core.

Key Facts

  • Norman Powell signed a two-year, $45 million contract with a team option for the second year.
  • Zach Collins signed a two-year, $17 million extension with a team option for the second year.
  • The Bulls have $9.4 million remaining in their mid-level exception.
  • The team has one roster spot remaining.
  • The Bulls' strategy focuses on developing young players like Matas Buzelis, Noe Essengue, and Caleb Wilson.
  • The team aims to finish with one of the 10 worst records to maximize 2027 draft lottery odds.
  • Norman Powell is 33 years old and averaged 21.7 points per game last season.
  • The team is prioritizing the 'SLAP' philosophy: size, length, athleticism, and physicality.

Who's Mentioned

personZach Collins“Bulls center signed to a two-year, $17 million extension.”personMatas Buzelis“Young Bulls player (21 years old).”personBryson Graham“Bulls executive vice president overseeing roster construction.”personTiago Splitter“Newly hired Bulls coach.”personNorman Powell“New Bulls guard signed to a two-year, $45 million deal.”personStacey King“Former Bulls player and analyst who passed away.”personCaleb Wilson“Young Bulls player (19 years old).”personNoe Essengue“Young Bulls player (19 years old).”