Bulls forward Torrey Craig has exercised his $2.8MM player option for next season, sources tell ESPN’s Adrian Wojnarowski (Twitter link).
Craig, 33, came to Chicago last summer, signing a two-year contract that paid him $2.5MM this season and included the option for 2024/25. The defensive specialist appeared in 53 games this year, making 14 starts and averaging 5.7 points, 4.1 rebounds and 1.1 assists in 19.8 minutes per night.
Craig broke into the NBA on a two-way contract with Denver in 2017 and has spent time with Milwaukee, Indiana and Phoenix as well.
It’s unclear what his role might be next season as Chicago appears to be pivoting toward a younger and more athletic team. Craig’s salary could be useful in a trade as Arturas Karnisovas tries to remake the roster.
Craig is the only Bull with a player option for 2024/25.