Julyan Stone Rumors

Here is the breakdown for the Charlotte, Chicago and Orlando trade: The Bulls acquire the $1.65M non-guaranteed contract of Julyan Stone that has a August 1 guaranteed date. If Stone is waived, the cap space for Chicago will increase to $16M in room (if the Noah Vonleh hold is released). For Charlotte, Bismack Biyombo is under contract for the next two years with a cap hit of $17M per season. The Hornets now have $120.3M in salary and are $3.4M under the tax with 14 guaranteed contracts. Orlando gets much needed guard help with the $2.69M expiring contract of Jerian Grant. Like Biyombo, Timofey Mozgov has two years left with a cap hit of $16M and $16.7M.