The Chicago Bulls aren’t expected to be big players in free agency this summer, but they’ve already made one move as they’ve reportedly re-signed Cristiano Felicio.
The move, first reported by The Vertical’s Shams Charania, will keep Felicio with the Bulls for four seasons and will pay him a total of $32 million.
Felicio averaged 4.8 points and 4.7 rebounds per game last season for the Bulls. He has played a reserve role for the Bulls, starting four games in his two-year career thus far, and he’ll likely stay in that role barring unexpected changes to the team’s rotation.
The Bulls made two other moves on Friday to clear salary cap room, waiving point guards Rajon Rondo and Isaiah Canaan. Rondo is still owed just over $3 million in guaranteed money, but he’ll be able to sign with any other team if he clears waivers.
There will be a few other interesting decisions to come for the Bulls as free agency gets underway. They’re reportedly interested in re-signing restricted free agent Nikola Mirotic, and there are reports that they could potentially buy out Dwyane Wade, but the star guard would have to give back some of the $24 million that he will be paid for his 2017-18 contract.