# Bulls Sign Powell, Cap Space Tight | Chicago Bulls News

Page: https://stenobird.com/podcast/chicago-bulls-news-today-2-min-news-the-daily-news-now-7549899/bulls-sign-powell-cap-space-tight-chicago-bulls-news
Text version: https://stenobird.com/podcast/chicago-bulls-news-today-2-min-news-the-daily-news-now-7549899/bulls-sign-powell-cap-space-tight-chicago-bulls-news.md
Podcast: [Chicago Bulls News Today | 2 Min News | The Daily News Now!](https://stenobird.com/podcast/chicago-bulls-news-today-2-min-news-the-daily-news-now-7549899)
Published: 2026-07-01T16:16:32+00:00
Episode link: https://api.fastcast.ai/audio/3b12a3b1-11b2-4eb2-9196-558abe427d77.mp3
Audio file: https://api.fastcast.ai/audio/3b12a3b1-11b2-4eb2-9196-558abe427d77.mp3
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Duration seconds: 95

## Resource

The Bulls just pulled off a bold move, signing veteran shooting guard Norman Powell on a one-year deal with a team option — a splashy addition that eats up most of their cap space and signals they’re closing out the offseason fast. With new leadership, they’re prioritizing immediate impact: Powell’s scoring, playmaking, and spacing could be vital for developing their young bigs, while his veteran savvy might stabilize a young roster and inexperienced staff. But the move raises eyebrows — with plenty of cap room, some expected the Bulls to build future assets, not spend on established players. It’s a calculated risk, and while the early moves look solid, they’re not exactly groundbreaking. The front office still has work to do — and trades could still shake things up. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/34e98a6fda06cb04

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