Free agency 2024: Patrick Williams for $90M? Bulls get restricted free agency right, but it does come at a cost

The Chicago Bulls have reportedly come to terms with restricted free agent forward Patrick Williams on a five-year contract worth $90 million, with the final year being a player option.

This is a quality piece of business for the Bulls, who are locking up a 22-year-old two-way wing, who can play both forward spots, provide quality defense and is sporting a career efficiency of 41% from downtown.

Williams hasn’t grown much as an all-around player since getting drafted fourth overall in 2020, to the point where you could almost pencil him in for about 10 points and four rebounds before the beginning of each season.

While those numbers are indeed underwhelming, Williams is a legitimate 3-and-D piece for the Bulls, and because the going rate for such an archetype in today’s league has grown astronomically, signing him to $18 million per year is noteworthy.

The Bulls, generally speaking, have not exactly had a lot going right for them of late. They were heavily criticized for the Alex Caruso trade, getting just Josh Giddey in return, with no draft compensation, from a team that literally will run out of roster spots before it can make all those draft selections.

After re-signing Zach LaVine to a five-year contract worth $215 million in 2022, both sides seemingly wanted to pivot away from each other just a year later, with the Bulls finding no takers in the meantime, unless they’re willing to relinquish additional assets to get off the deal.

(And let’s not even begin to get into the Nikola Vučević trade, which saw the Bulls give up Wendell Carter Jr. and ultimately two lottery selections for a center who turned back into a pumpkin almost as soon as he landed at O’Hare.)

But the one thing this Bulls front office does seem to be capable of is getting tremendous value on their restricted free agents.

Last summer, the organization re-signed both Coby White and Ayo Dosunmu to deals that are already significantly below market value. White signed a three-year deal worth $36 million, and Dosunmu signed for $21 million over three seasons.

With Williams now locked into a deal of $18 million per year, with a salary cap that’s…

Source link : https://sports.yahoo.com/free-agency-2024-patrick-williams-for-90m-bulls-get-restricted-free-agency-right-but-it-does-come-at-a-cost-181213468.html

Author : Yahoo Sports

Publish date : 2024-06-30 18:12:13

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