Norman Powell signs two-year, $45 million deal with Bulls
Yahoo Sports • 1 min read • Latest: Jul 1, 2026, 1:33 PM
Last updated Jul 1, 2026
Norman Powell has reached an agreement with the Chicago Bulls for a two-year, $45 million contract. The 33-year-old guard averaged 21.7 points, 3.5 rebounds, and 2.5 assists per game last season with the Miami Heat. Powell made his first All-Star team but struggled with a groin injury after the break, impacting Miami's playoff chances. The Heat aimed to retain him but have recently acquired Giannis Antetokounmpo, leading to financial constraints that made his return unlikely.
- •Powell averaged 21.7 points per game last season.
- •He made his first All-Star team with Miami.
- •The Bulls secured Powell amid salary cap limitations for the Heat.
- •Powell previously played for the Los Angeles Clippers.
- 1:28 AMYahoo Sports — All-Star Norman Powell leaves Heat for Bulls in NBA free agency
- 2:52 PMESPN — Sources: Powell lands 2-yr., $45M deal with Bulls
- 2:27 PMYahoo Sports — Ex-Miami Heat G Norman Powell agrees to 2-year deal with Chicago Bulls
- 1:33 PMYahoo Sports — Norman Powell agrees to 2-year, $45 million deal with Bulls: report
"MIAMI — In the end, Norman Powell proved to be only a short-term rental for the Miami Heat, with the guard Wednesday reaching a free-agency agreement to move on to the Chicago Bulls. Despite a breakout season with the Heat that led to his first career All-Star appearance, Powell wound up being squeezed by the hard cap created by the trade acquisition of Giannis Antetokounmpo. Powell appeared ...
"Former Miami Heat guard Norman Powell agreed to a two-year, $45 million contract with the Chicago Bulls. Powell appeared in 58 games last season.
"Free-agent guard Norman Powell has agreed to a two-year, $45 million deal with join the Chicago Bulls, sources tell ESPN's Shams Charania.
Sources
External links- Yahoo SportsJul 2, 2026, 1:28 AMAll-Star Norman Powell leaves Heat for Bulls in NBA free agency
MIAMI — In the end, Norman Powell proved to be only a short-term rental for the Miami Heat, with the guard Wednesday reaching a free-agency agreement to move on to the Chicago Bulls. Despite a breakout season with the Heat that led to his first career All-Star appearance, Powell wound up being squeezed by the hard cap created by the trade acquisition of Giannis Antetokounmpo. Powell appeared ...
- ESPNJul 1, 2026, 2:52 PMSources: Powell lands 2-yr., $45M deal with Bulls
Free-agent guard Norman Powell has agreed to a two-year, $45 million deal with join the Chicago Bulls, sources tell ESPN's Shams Charania.
- Yahoo SportsJul 1, 2026, 2:27 PMEx-Miami Heat G Norman Powell agrees to 2-year deal with Chicago Bulls
Former Miami Heat guard Norman Powell agreed to a two-year, $45 million contract with the Chicago Bulls. Powell appeared in 58 games last season.
- Yahoo SportsJul 1, 2026, 1:33 PMNorman Powell agrees to 2-year, $45 million deal with Bulls: report
Powell averaged 21.7 points per game for the Miami Heat this past season.
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