DeMar DeRozan Inks Lucrative Contract with Chicago Bulls
Bulls Star Set to Earn Millions in Multi-Year Deal
Key Points:
- DeMar DeRozan signs a three-year, $85 million contract with the Chicago Bulls.
- The deal expires at the end of the 2023-24 season.
- DeRozan's salary has yet to be disclosed by the team.
The Chicago Bulls have secured the services of All-Star DeMar DeRozan with a lucrative new contract, according to multiple sources. The three-year, $85 million deal will keep DeRozan in Chicago through the 2023-24 season. The contract marks a significant investment for the Bulls, who are hoping to make a deep playoff run with DeRozan as their centerpiece.
DeRozan, who was traded to the Bulls from the San Antonio Spurs in 2021, has quickly become a fan favorite in Chicago. He was named an All-Star for the fifth time in his career last season, averaging 27.9 points, 5.2 rebounds, and 4.9 assists per game. DeRozan's leadership and scoring ability have been instrumental in the Bulls' success, and his new contract signals the team's commitment to keeping him in the Windy City.
The Bulls have yet to officially announce the terms of DeRozan's contract, but sources have confirmed that he will receive an average salary of around $28.3 million annually. This places DeRozan among the highest-paid players in the NBA. The contract also includes a player option for the 2023-24 season, giving DeRozan the flexibility to become a free agent after two years if he chooses.
With DeRozan locked up on a long-term deal, the Bulls can now focus on building a championship contender around him. The team has several other talented players, including Zach LaVine, Nikola Vucevic, and Lonzo Ball. With DeRozan leading the way, the Bulls hope to challenge for the NBA title in the years to come.
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