The Chicago Bulls officially signed veteran forward-center Zach Collins to a two-year, $17 million contract extension on Tuesday, June 30, 2026, according to team sources.
The deal, reported by ESPN's Shams Charania, was negotiated by Collins' agent Mark Bartelstein of Priority Sports with Chicago's new front office.
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The second year includes a team option, per K. C.
Johnson of the Chicago Sports Network.
Collins remains trade-eligible throughout the offseason while the Bulls use part of their remaining cap space.
Spotrac's Keith Smith projects Chicago still has about $23.7 million in salary cap room after the extension.
The 6-foot-11 big man, originally the 10th overall pick in 2017 by Portland, holds career averages of 8.0 points and 4.9 rebounds in 388 games.
He is expected to serve as a frontcourt backup alongside newly acquired Nic Claxton and lottery pick Caleb Wilson.
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Collins played only 10 games in the 2025/26 season due to a persistent right toe sprain, averaging 9.7 points and 5.6 rebounds.
He underwent season-ending surgery in February.
"I thought I had a really good summer.
I was really looking forward to helping the team," Collins said, expressing frustration over his limited availability after being traded from San Antonio at the 2024-25 deadline.
"It's been a frustrating year injury-wise as a whole for the team, but individually I knew I had more to give [Billy Donovan] and felt like the team would have been in a better spot had I not gone through all these injuries," he added.
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The extension is a financial adjustment from his previous two-year, $34.8 million deal with the Spurs signed in fall 2023.
