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Bulls Sign Powell, Cap Space Tight | Chicago Bulls News

The Bulls just pulled off a bold move, signing veteran shooting guard Norman Powell on a one-year deal with a team option — a splashy addition that eats up most of their cap space and signals they’re closing out the offseason fast. With new leadership, they’re prioritizing immediate impact: Powell’s scoring, playmaking, and spacing could be vital for developing their young bigs, while his veteran savvy might stabilize a young roster and inexperienced staff. But the move raises eyebrows — with plenty of cap room, some expected the Bulls to build future assets, not spend on established players…

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