Bulls point guard Lonzo Ball has exercised his player option for 2024/25, locking in his $21.4MM salary for next season, sources tell Adrian Wojnarowski of ESPN (Twitter link).
The decision was a no-brainer, given that Ball hasn’t played a game since January 2022 due to knee problems. He has undergone a series of procedures on his troublesome left knee, including receiving a cartilage transplant in 2023.
There’s hope that the latest of those surgeries will help get him back on the court next season, but given the uncertainty surrounding his prognosis, there’s obviously no chance that Ball would have been able to exceed $21.4MM on the open market if he had declined his option in favor of free agency.
Ball spent two seasons with the Lakers and two more with the Pelicans before being sent from New Orleans to Chicago in a sign-and-trade deal during the 2021 offseason.
During the first half of his first season as a Bull, Ball looked like a steal on his new four-year, $80MM contract, making a major two-way impact as the team’s starting point guard. He averaged 13.0 points, 5.4 rebounds, 5.1 assists, and 1.8 steals in 34.6 minutes per game across 35 appearances before being sidelined. The Bulls went 22-13 in those games, but haven’t had the former No. 2 overall pick available in the two-plus years since then.
Ball picking up his player option doesn’t necessarily mean that he’ll be on the Bulls’ roster in 2024/25. If his injury is ultimately deemed to be career-ending by a Fitness to Play panel, the club would be permitted to let him go without his $21.4MM cap hit counting against its books. It’s also possible the 26-year-old could be included in a trade for salary-matching purposes, given that his contract isn’t as onerous now that it’s expiring.
If Ball remains on the roster and his recovery continues to progress as hoped, it’s possible we’ll see him in a Bulls uniform again next season. During his lengthy absence, younger guards like Coby White and Ayo Dosunmu have emerged as reliable backcourt contributors in Chicago, but if Ball looks anything like he did before his injury, he’d be worthy of rotation minutes.