The Bulls are not only over the cap, but they're also above the tax threshold, leaving them with limited options this summer. They'll have a taxpayer mid-level exception (MLE) worth just under $3.2 million, while the rest of the free-agent signings will likely come at the veteran's minimum.
There are a few voids left to fill on the roster. The Bulls need a backup center, which could be addressed during the draft. Jimmy Butler will most likely remain a starter, leaving the backup 2-guard and small forward roles empty.
The Bulls have done a good job building a second unit the past few years, and even though they're strapped for cash, fans should expect no less this year.
Each free-agent suggestion will be for either the Bulls' MLE or a minimum salary.