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Norman Powell leaves Heat for Bulls on $45 million contract
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- Norman Powell leaves Heat for Bulls on $45 million contract
Norman Powell leaves Heat for Bulls on $45 million contract appeared first on ClutchPoints . Add ClutchPoints as a Preferred Source by clicking here .
The Chicago Bulls landed a proven scorer after agreeing to terms with Norman Powell on Wednesday.
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Powell spent last season with the Miami Heat , who could not give him a lucrative deal due to the addition of Giannis Antetokounmpo . It was expected that Miami would have to let go of either Powell or Andrew Wiggins . The Heat gave Wiggins a three-year, $64 million contract.
ESPN's Shams Charania reported Powell's big move to the Bulls.
"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," wrote Charania on X.
ClutchPoints' Brett Siegel intimated that it was a logical decision for Chicago, which has been mired in mediocrity over the past decade. The Bulls have only qualified for the playoffs twice in the last 10 years.
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"Signing Norman Powell to $45 million over the next two seasons essentially uses the remainder of the Bulls' cap space," noted Siegel on X.
"Powell will be a key scoring weapon next to Josh Giddey , Caleb Wilson, Matas Buzelis , and Nic Claxton in the Bulls' starting rotation."
In 58 games with the Heat this season, the 33-year-old Powell averaged 21.7 points, 3.5 rebounds, 2.5 assists, and 1.1 steals.
He is expected to play a heavy role on offense for the Bulls. Do not be surprised if he averages over 25 points next season.
Miami did not want to part ways with Powell , especially after his productive stint. Financial constraints, however, left both sides with no choice, prompting the veteran guard to secure his future elsewhere.
Related: Bulls sign backup center to $17 million extension to avoid free agency
Related: Bulls waive player acquired in Pacers draft trade right before free agency
