Bulls Sign Center Nikola Vucevic to a New 3-Year, $60 Million Deal

Lauri Markkanen (23 Utah Jazz) dunks the ball over Nikola Vucevic (9 Chicago Bulls) during the game between the Chicago Bulls and Utah Jazz in January 2023
Lauri Markkanen (23 Utah Jazz) dunks the ball over Nikola Vucevic (9 Chicago Bulls) during the game between the Chicago Bulls and Utah Jazz in January 2023. Photo by Shaina Benhiyoun/SPP/Shutterstock (13701970ae)

The Chicago Bulls had some good news for their fans on Wednesday. Center Nikola Vucevic, who was one of the team’s strongest performers last season, inked a new deal that will keep him with the franchise through the 2025-26 NBA season.

The Bulls haven’t disclosed the financial terms of the deal, but sources close to the franchise say that the extension is worth $60 million.

Vucevic joined the Bulls in a trade from the Orlando Magic midway through the 2020–21 season. The two-time All-Star averaged 17.6 points and 11.0 rebounds on 52.0% shooting while playing all 82 games.

 “Since I have arrived in Chicago, everyone in the organization has been incredibly welcoming to my family and me,” Vucevic said in a statement. “I am motivated more than ever to achieve our mutual goals as a team. “

Keeping Vucevic, who was set to become an unrestricted free agent, was considered a priority for the Bulls this offseason. He is an important part of their core, and they did pay a steep price for him, so losing him for nothing would likely sting a lot.

The Bulls will now shift their focus on finding a player to step in the starting point guard role after Lonzo Ball was ruled out for the entire 2023-24 campaign.