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Sport: BasketballCategory: Trades

Bulls allocate $23.1 million in cap space to acquire Nic Claxton

Yahoo Sports • 1 min read • Latest: Jun 23, 2026, 3:04 AM

Last updated Jun 23, 2026

Bulls allocate $23.1 million in cap space to acquire Nic Claxton
Summary

The Chicago Bulls are set to use $23.1 million of their salary cap space to acquire Nic Claxton. This move decreases their available cap space from $54 million to $30.9 million. The Bulls will still retain a mid-level exception of $9.4 million for additional acquisitions. This transaction is considered favorable for the Bulls as they secure Claxton without significant costs.

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Key Details
  • •Bulls use $23.1 million in cap space
  • •Nic Claxton to join Chicago roster
  • •Remaining cap space now at $30.9 million
  • •Bulls retain $9.4 million mid-level exception
  • •Claxton acquired for minimal cost
Latest Updates
  • 3:04 AMYahoo Sports — Bulls will use $23.1 million of their cap space to …
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Bulls will use $23.1 million of their cap space to …

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