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Chicago Bulls sign Norman Powell amid trade speculation

Yahoo Sports • 1 min read • Latest: Jul 27, 2026, 1:33 AM

Last updated Jul 27, 2026

Chicago Bulls sign Norman Powell amid trade speculation

Summary

The Chicago Bulls signed Norman Powell to a two-year, $44 million contract this summer. The deal features a team option in the second year. Powell, coming off his first All-Star season with the Miami Heat, has sparked trade speculation due to his age and contract status, with analysts suggesting he could be moved in 2027. The Bulls are undergoing significant changes, including a new coaching staff under Tiago Splitter, while aiming to remain competitive with a mix of veteran talent and young players.

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•Norman Powell signed a two-year, $44 million contract with the Bulls.
•The second year of Powell's contract is a team option.
•Analysts speculate Powell could be traded before the 2027 deadline.
•Tiago Splitter replaces Billy Donovan as head coach.
•Bulls front office emphasizes adding veteran talent to support young players.

Latest Updates

1:33 AMYahoo Sports — Bulls’ New Signing Already Drawing Trade Speculation

What they're saying

"
The Chicago Bulls made the most of their cap space this summer, signing Norman Powell to a two-year $44 million contract. The second year of Powell’s deal is a team option, giving the Bulls plenty of flexibility.Powell came into the offseason on the back of his first All-Star season. He thrived in Erik Spoelstra’s system […] The post Bulls’ New Signing Already Drawing Trade Speculation appeared first on HEAVY.
— Yahoo Sports

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