The Chicago Bulls filled their final roster spot with the addition of Terry Taylor.
Taylor signed a two-year non-guaranteed deal with the Bulls at the league minimum.
Final Roster Spot Filled
The former Pacer is a familiar face for the Chicago Bulls, who signed him following his release from Indiana last season.
Terry Taylor's contract with the Chicago Bulls is for two non-guaranteed years at the vet minimum, a league source told @spotrac.
First season is non-guaranteed, becoming partially guaranteed at $350K on opening night. The second season is non-guaranteed until early-July 2024.
— Keith Smith (@KeithSmithNBA) August 16, 2023
However, Terry Taylor would not have a meaningful role in the rotation for the Chicago Bulls, where he appeared in just five games last season. For the Chicago Bulls, this is a low-risk, high-reward scenario. While Taylor has not contributed a significant role for the Bulls thus far, a strong preseason could change how Taylor is viewed.
The Bulls have zero risk here, as if they feel that Terry Taylor should not be on the team; releasing him does not cost them any money. Training camp begins in just over a month, where the test for Terry Taylor will begin.
What About the Disabled Player Exception?
The Chicago Bulls were granted a 10.2 million dollar exception by the NBA that they could use to sign a player to a one-year contract or trade for a player on an expiring deal. As of now, the Bulls have yet to use this exception. Why? The team would end up in the luxury tax by utilizing this exception.
The Bulls have repeatedly shown hesitance to enter the luxury tax. The disabled player exception does not expire until March, so the Bulls can still use the exception once the season begins.
Photo: Matt Kryger/NBA.com