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.
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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.