
According to Yahoo Sports reporter Chris Haynes, the Spurs and the Bulls today officially completed a trade with Demar DeRozan, who will change to the No. 11 shirt in the new team.
According to Inventory Marks, an espnon-managed labor agreement expert, the Bulls' total salary after the deal is completed is $18 million below the luxury tax line and $23 million below the hard pay cap, and they currently have a total of 10 contracts, with DeRozan's annual salary for the new season being $26 million. Laurie Markkanen's qualification offer contract is worth $9 million.