The Bulls and Lauri Markkanen have both expressed interest in working out a rookie scale extension for the fourth-year forward prior to Monday’s deadline, and conversations between the two sides are ongoing, says Joe Cowley of The Chicago Sun-Times.
Bulls head coach Billy Donovan said he’ll leave those negotiations to executive VP of basketball operations Arturas Karnisovas and Markkanen’s agent, but referred to the former lottery pick as an “important piece to our team.” For his part, Markkanen confirmed that there have been contract discussions, but couldn’t offer any additional updates, telling reporters, “We’ll see what happens.”
With or without an extension in place for Markkanen, the Bulls project to have a significant chunk of cap room available in 2021, writes K.C. Johnson of NBC Sports Chicago. Now that a number of potential top 2021 free agents have signed extensions and will be unavailable, the Bulls’ new front office regime may have to get creative when it comes to using that cap room, Johnson observes.