Published 12 hours ago • loading... • Updated 14 minutes ago

Norman Powell to Chicago Bulls in Another All-Star Move as Teams Continue Shaping Rosters

Free agent guard Norman Powell signed a two-year, $45 million contract with the Chicago Bulls on Wednesday, according to ESPN's Shams Charania, with a team option for 2027-28.
Miami let the 32-year-old walk after acquiring Giannis Antetokounmpo, creating salary cap constraints that forced the Heat to part ways, while Chicago executive vice president of basketball operations Bryson Graham targeted Powell for immediate offensive production.
Powell earned his first career NBA All-Star selection last season, averaging 21.7 points, 3.5 rebounds, and 2.5 assists per game while shooting 47% from the field with the Heat.
The agreement leaves the Bulls with one roster spot and $9.4 million in a mid-level exception, maintaining financial flexibility by including the team option similar to their recent contract extension for center Zach Collins.
Powell will mentor young players like Caleb Wilson, Matas Buzelis, and Noe Essengue while spacing the floor for Josh Giddey, as Chicago pursues a playoff spot in 2026-27 with this veteran presence.

Insights by Ground AI

Podcasts & Opinions

Podcast Mention

Locked On NBA – Daily Podcast On The National Basketball Association

Daily NBA podcast from Locked On Podcast Network

Lakers Go All In On Luka & More Free Agent Frenzy Reactions

Locked On NBA – Daily Podcast On The National Basketball Association discuss Chicago Bulls signing Norman Powell to a two-year deal, team-option flexibility, and his fit alongside Josh Giddey and Matas Buzelis

4 hours ago

Listen to Full Episode Full Episode Unlock Timestamp

Get Vantage — Podcasts, Ratings, Timestamps

Podcasts & Opinions

38 Articles

WTTW

Center

Norman Powell to Chicago Bulls in Another All-Star Move as Teams Continue Shaping Rosters

Norman Powell to Chicago Bulls in Another All-Star Move as Teams Continue Shaping Rosters Associated Press Wed, 07/01/2026 - 11:38 MIAMI (AP) — Add Norman Powell to the list of this past season’s All-Stars who are changing addresses this summer in NBA free agency. Powell has agreed to a two-year deal that could be worth up to $45 million with the Chicago Bulls, a person with knowledge of the talks said Wednesday. Powell also had received some in…

4 hours ago·Chicago, United States

Read Full Article

WPLG

Center

Heat lose Norman Powell as guard agrees to deal with Bulls, report says

The Miami Heat continued to reshape their roster Wednesday, but they’ll be moving forward without one of last season’s top scorers.

5 hours ago·Miami, United States

Read Full Article

The Toronto Star

+15 Reposted by 15 other sources

Lean Left

NBA free agency: Norman Powell to Chicago in another All-Star move as teams continue shaping rosters

MIAMI (AP) — Add Norman Powell to the list of this past season's All-Stars who are changing addresses this summer in NBA free agency.

5 hours ago·Toronto, Canada

Read Full Article

Jackson Progress-Argus

+2 Reposted by 2 other sources

Center

Report: G Norman Powell agrees to 2-year, $45M deal with Bulls

The Chicago Bulls are in agreement with All-Star guard Norman Powell on a two-year, $45 million contract, ESPN reported Wednesday.

6 hours ago·Jackson, United States

Read Full Article

Sports Illustrated

Lean Left

Should They Have Done It? Bulls Sign Norman Powell and Erase Cap Space

The Chicago Bulls were connected to Norman Powell for days, and the two sides finally agreed on a deal.

6 hours ago·New York, United States

Read Full Article

Sun-Sentinel

Center

All-Star Norman Powell leaves Heat for Bulls in NBA free agency

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.

6 hours ago·Deerfield Beach, United States

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year