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Reports: Bulls, Norman Powell agree to 2-year deal
Jul 01 2026 17:18 · By From NBA.com News Services · 70 Reads
Norman Powell is headed to Chicago on a reported 2-year deal.
Chicago has made a big addition in the offseason, reportedly agreeing to a deal with All-Star guard Norman Powell. Per ESPN’s Shams Charania, Powell and the Bulls have agreed to a two-year, $45 million deal that gives Chicago a potent veteran scorer.
Last season, Powell posted 21.7 ppg, 3.5 rpg and 2.5 apg with the Miami Heat en route to his first career All-Star appearance.
Per The Associated Press, Powell also had received some interest from the Detroit Pistons in free agency. ESPN and Chicago Sports Network were among those who first reported the agreement between Powell and the Bulls, who will hold a team option for 2027-28.
Bulls executives finalized Powell's deal with Jason Glushon of
@GlushonSM
and Khalid McCaskill this morning.
https://t.co/G47cUMfz6j
— Shams Charania (@ShamsCharania)
July 1, 2026
Powell joins a Bulls team that is flush with young talent in the backcourt, including Matas Buzelis and Josh Giddey as well as top pick Caleb Wilson from the 2026 NBA Draft. Chicago allowed 121.5 points per game this season, ranking 28th overall in the NBA. It finished with a 31-51 record while missing the playoffs for the fourth straight year.
The 2026-27 season will mark Powell’s 12th in the NBA and the former second-round pick has seen his career run the gamut. He spent his first 5 1/2 seasons with the Toronto Raptors, rising from a rotation player to a key piece of the team as it won the NBA championship in 2019-20.
In 2021, the Raptors dealt him to the Portland Trail Blazers for Gary Trent Jr. and Rodney Hood and Powell re-signed with Portland in the summer of 2021. He was then dealt to the LA Clippers with Robert Covington in 2022 and eventually landed in Miami via a three-team trade in the summer of 2025.
Over the past two seasons, he has averaged 21 ppg or more and has career shooting percentages of 47.1% overall, 39.6% on 3-pointers and 82.4% on free throws.
Information from The Associated Press was used in this report.