Norman Powell signs two-year, $45 million deal with Bulls

ESPN1 min read • Latest: Jul 1, 2026, 1:33 PM

Last updated Jul 1, 2026

Norman Powell signs two-year, $45 million deal with Bulls
Summary

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.

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  • 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.
Latest Updates
  • 2:52 PMESPNSources: Powell lands 2-yr., $45M deal with Bulls
  • 2:27 PMYahoo SportsEx-Miami Heat G Norman Powell agrees to 2-year deal with Chicago Bulls
  • 1:33 PMYahoo SportsNorman Powell agrees to 2-year, $45 million deal with Bulls: report
What they're saying
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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.

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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.

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Powell averaged 21.7 points per game for the Miami Heat this past season.

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