Report: Bulls apply for $10.2 million DPE due to Lonzo Ball injury

The Chicago Bulls have applied for a $10.2 million Disabled Player Exception due to Lonzo Ball’s injury.

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The Chicago Bulls have applied for the Disabled Player Exception, according to Shams Charania of The Athletic. With Lonzo Ball set to miss the entire 2023-24 season, the value of Chicago’s DPE would be $10.2 million, opening some potential free agency and trade opportunities for the Bulls.

For a Chicago team looking to compete for a playoff spot this season, the exception is extremely valuable. It would open a number of doors for it, allowing it to add talent in an attempt to replace Ball, who was a crucial part of the team’s hot start in the 2021-22 season.

The DPE can be used to sign players, accept players via trade (such as a Traded Player Exception) or claim a player off waivers, as explained by Keith Smith of Spotrac.

“The DPE is unique in that it can be used to sign a player, trade for a player or to claim a player off waivers. However, there are restrictions with the DPE that do not exist for the other exceptions,” Smith wrote.

The restrictions on a DPE are that the contract can only be for the remainder of the season (or in the Bulls’ case, a one-year deal for the 2023-24 season), and it can only be used to sign or trade for a single player.

With NBA free agency ongoing, if the Bulls were granted the exception, it could allow them to sign a higher-tier player than they would have been previously able to.

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