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Reading: Norman Powell, Bulls reportedly in agreement on NBA free agency deal – NBC Chicago
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Hispanic Business TV > Sports > NBA > Norman Powell, Bulls reportedly in agreement on NBA free agency deal – NBC Chicago
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Norman Powell, Bulls reportedly in agreement on NBA free agency deal – NBC Chicago

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Last updated: July 1, 2026 10:21 pm
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The Chicago Bulls are kicking off their rebuilding project this offseason, and they’ve reportedly agreed to terms with a veteran shooting guard.

According to ESPN’s Shams Charania, the Bulls have reportedly agreed to a two-year, $45 million deal with Miami Heat guard Norman Powell as free agency kicks off.

Just in: Free agent Norman Powell has agreed to a two-year, $45 million deal with the Chicago Bulls, sources tell ESPN. Powell joins the Bulls as a potent scorer after an NBA All-Star season in Miami, averaging nearly 22 points over the last two years. pic.twitter.com/7cFk2zFxpD

— Shams Charania (@ShamsCharania) July 1, 2026

Powell spent last season with the Heat after stints with the Toronto Raptors, Portland Trail Blazers and Los Angeles Clippers. He started 52 games, averaging 21.7 points and 3.5 rebounds per game. He also made his first career NBA All-Star Game, and he continued a strong run of player that saw him establish himself as a key rotation piece in Los Angeles and then in Miami.

In his NBA career, Powell has averaged 14 points, 2.7 rebounds and 1.6 assists per game.

Free agent center Zach Collins has agreed to a two-year, $17 million contract extension to stay with the Chicago Bulls, sources tell ESPN. pic.twitter.com/alhbQe7gbk

— Shams Charania (@ShamsCharania) July 1, 2026

In another move, the Bulls reportedly agreed to a deal to retain center Zach Collins on a two-year, $17 million deal according to Charania.

Collins appeared in 10 games for the Bulls last season, averaging 9.7 points and 5.6 rebounds per game.

NBA teams can negotiate contracts with players at this stage in free agency, but can’t officially sign those deals until next week.





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