Chicago Bulls’ Torrey Craig Exercises Player Option for 2024-25

The Chicago Bulls will have a little less wiggle room this offseason.

According to Adrian Wojnarowski, Torrey Craig has picked up his $2.8 million option for the 2024-25 season. Craig originally signed with the organization last season on a two-year deal worth the veteran minimum.

Torrey Craig Opts In

All things considered, the announcement comes as a pretty big surprise considering the direction of the current team. The Bulls have recently traded for 21-year-old Josh Giddey and drafted 19-year-old Matas Buzelis. Arturas Karnisovas also insinuated that a rebuild is on the horizon in his post-draft media availability.

Craig likely could’ve found himself on a contender for a similar salary, especially considering his winning role-player resume with the Bucks and Suns. The choice makes you wonder if he’s heard something different about the direction of the team OR if he’s simply comfortable in Chicago after an injury-riddled season.

If one thing is for sure, the Bulls can benefit from having Craig around. He’s a savvy veteran who can help show some of the youngsters the ropes. Not to mention, he’ll give Billy Donovan a reliable locker room professional.

Nevertheless, I’m still pretty surprised by the decision. It doesn’t take up too much spending power from a likely retooling team, but I surely thought Craig would want to be in a more competitive environment.

Who knows, maybe he hopes to get traded later on this year.

written by

Elias Schuster is the Lead Chicago Bulls writer at Bleacher Nation. He started with BN full-time in 2019 immediately after graduating from the University of Illinois Urbana Champaign with a degree in Journalism (yes, he started with the Jim Boylen Era). Since joining, Elias has been the driving force behind Bulls and NBA content for both the site and social accounts. You can follow him on Twitter/X @Schuster_Elias.

more bulls news

Jayson Tatum is Signing the Largest Deal in NBA History

The NBA has a new highest-paid player. According to The Athletic's Shams Charania, the Boston Celtics and their star forward Jayson Tatum have agreed to a five-year super max contract extension worth $314 million. Tatum and the Celtics are coming...

Free Agency Update: Breaking Up the Chicago Bulls Core Isn’t Easy

The Chicago Bulls have made their intentions clear. Josh Giddey (21), Matas Buzelis (19), and Jalen Smith (24) have all been added to the roster over the last couple of weeks. Patrick Williams (22) also agreed to a five-year contract...

An Era Ends: Klay Thompson Reportedly Leaving Warriors for Mavericks

The Golden State Warriors and Klay Thompson are set to part ways, per ESPN's Adrian Wojnarowski. Thompson intends to sign a three-year, $50 million deal with the Dallas Mavericks. The deal will reportedly come via a sign-and-trade between the two...

REPORT: DeMar DeRozan Hit ‘Final Straw’ With Bulls & Ready To Move On

Just about all season, the Bulls and DeMar DeRozan both let it be known that there was mutual interest in a reunion this offseason as the veteran forward was set to hit free agency. Apparently, that is no longer the...

Lakers Now in the Running to Land DeMar DeRozan?

We may have ourselves a new frontrunner in the DeMar DeRozan sweepstakes! When the offseason began, the Clippers and Sixers appeared to be the two most likely landing spots for the 34-year-old forward, but after Philly signed Paul George and...

The Jalen Smith Signing, Where Will DeRozan Go? Some Financial Hurdles, and Other Bulls Bullets

The Chicago Bulls might as well have a big blinking arrow pointing them in the direction of a rebuild. The team added yet another player who is under 25 years old on Monday morning, marking their first move of free...

Chicago Bulls Sign Center Jalen Smith, Continuing Youth Movement

The Chicago Bulls have made their first move of free agency! First reported by ESPN's Adrian Wojnarowski and later confirmed by NBC Sports Chicago's K.C. Johnson, the Chicago Bulls are signing big man Jalen Smith. The 24-year-old was the No....

Paul George & Tyrese Maxey Sign HUGE Deals with the 76ers (Another DeRozan Destination Gone)

The biggest name on the free agent market has come off the board! Veteran forward Paul George is heading from the West Coast to the East Coast and will join the Philadelphia 76ers on a four-year, $212 million contract. It...

Kentavious Caldwell-Pope Signs Three-Year Deal With Magic

One of the bigger names of this free agency class is reportedly off the board. Shams Charania of The Athletic is reporting that Kentavious Caldwell-Pope is signing a three-year deal worth $66 million with the Orlando Magic. The third year...

Clippers Officially Parting Ways with Paul George (DeMar DeRozan Come On Down?)

The Los Angeles Clippers announced on Sunday night that they will part ways with Paul George. The announcement comes only a couple of hours after the official start of free agency. To be sure, a George departure had been rumored...

Latest News

Today’s UEFA European Championship 2024 Predictions, Picks and Odds – Tuesday, July 2

With multiple games on Tuesday's 2024 UEFA European Championship slate, let's look at the betting odds for each match.Trying to find what you need to know about the betting odds for Tuesday's action in the UEFA Euro? Check out the...

Updated 2024 FedEx Cup Standings

FedEx Cup Standings—With just six regular-season events remaining, the number of opportunities to earn FedEx Cup points is dwindling. Season-long FedEx Cup points determine who competes in the end-of-the-season playoff events and, even more importantly for some, who keeps their...

Jayson Tatum is Signing the Largest Deal in NBA History

The NBA has a new highest-paid player. According to The Athletic's Shams Charania, the Boston Celtics and their star forward Jayson Tatum have agreed to a five-year super max contract extension worth $314 million. Tatum and the Celtics are coming...

Free Agency Update: Breaking Up the Chicago Bulls Core Isn’t Easy

The Chicago Bulls have made their intentions clear. Josh Giddey (21), Matas Buzelis (19), and Jalen Smith (24) have all been added to the roster over the last couple of weeks. Patrick Williams (22) also agreed to a five-year contract...

Chicago Cubs “Taking Incoming Inquiries” About the Possibility They Could Wind Up Selling

Jon Morosi is doing his laps lately, and I appreciate him for it. Appearing this afternoon on Parkins & Spiegel on 670 The Score, Morosi was asked about the Cubs as sellers, and in essence, have they already engaged in...

NHL Reinstates Joel Quenneville, Stan Bowman

On Monday afternoon, in the midst of a free agency bonanza, the NHL made some other news. Former Blackhawks head coach Joel Quenneville and general manager Stan Bowman were fully reinstated by the league, allowing them to pursue job opportunities....

Monday’s WNBA Picks and Predictions – July 1

In a Monday WNBA slate that features two exciting matchups, the Connecticut Sun versus the Phoenix Mercury is a game to watch.If you're interested in the best bets and computer picks for today's WNBA games, we're here to assist you....

Latest Mock Drafts: A New Pitcher Name for the Cubs

The 2024 MLB Draft is officially "this" month. You know, because it's July now. Two weeks away ... A couple new mock drafts to share today, with the MLB Pipeline crew updating their thoughts here. For the Cubs, it's a...

An Era Ends: Klay Thompson Reportedly Leaving Warriors for Mavericks

The Golden State Warriors and Klay Thompson are set to part ways, per ESPN's Adrian Wojnarowski. Thompson intends to sign a three-year, $50 million deal with the Dallas Mavericks. The deal will reportedly come via a sign-and-trade between the two...

REPORT: DeMar DeRozan Hit ‘Final Straw’ With Bulls & Ready To Move On

Just about all season, the Bulls and DeMar DeRozan both let it be known that there was mutual interest in a reunion this offseason as the veteran forward was set to hit free agency. Apparently, that is no longer the...

more bulls news