Overview
- The Bulls picked up Miller’s $2.4 million team option on Saturday, June 27, which makes his salary temporarily non-guaranteed before it converts to a full guarantee on June 30.
- Miller earned the move after a 27-game stretch in Chicago in which he averaged 11.7 points, 5.8 rebounds and 23.1 minutes while shooting 55.5 percent from the field and 35.6 percent from three.
- If Chicago had declined the option, Miller would reportedly have become eligible for a three-year, $52.4 million contract offer, a scenario outlined by Spotrac’s Keith Smith.
- The decision preserves the Bulls’ roster flexibility this summer — reporting shows Chicago can create roughly $63.5 million in cap space — even as new additions such as Caleb Wilson and Dailyn Swain could cut into Miller’s playing time.
- The June 30 guarantee date is the next key milestone and sources expect the Bulls to retain the option of re-signing Miller later rather than committing to a large immediate extension.