Following a series of controversial comments, NBA veteran Jaden Ivey was cut loose by the Chicago Bulls on Monday, March 30.
As the former Detroit Pistons guard hits the NBA free agency market, a critical contract update for Ivey surfaced.
via Mike Vorkunov, The Athletic: Jaden Ivey will receive his full $10.1 million salary this season even after the Chicago Bulls waived the guard for what they called “conduct detrimental to the team,” according to sources briefed on the matter.
Ivey, 24, was in the midst of his fourth NBA season.
What Happened With The Bulls?
GettyJaden Ivey #31 of the Chicago Bulls goes to the basket as Ben Saraf #77 of the Brooklyn Nets defends in the first half at Barclays Center on February 09, 2026 in New York City.
Recently, Ivey was ruled out for the remainder of the 2025-2026 NBA season due to knee concerns.
Since getting traded to the Bulls back in February, Ivey has appeared in just four games.
While the Bulls planned to keep Ivey on board as he rehabs from his injury, comments made by the former first-round pick on Instagram live went viral and were deemed controversial.
After the Bulls’ decision to waive Ivey was announced, key members of the organization made statements on the situation. Here’s what Bulls head coach Billy Donovan had to say:
“I think there’s a certain level of standards and expectations that are here. I mean, we have people from all different walks of life working in the building and players from all different walks of life, right? So, the first thing is, everybody comes with their own personal experiences. But one is, we’ve got to all be professional. I think there’s got to be a high level of respect for one another, and we got to help each other and then be accountable to those standards.”
Jaden Ivey’s Contract With The Bulls
GettyJaden Ivey #23 of the Chicago Bulls drives to the basket against Nikola Jokic #15 of the Denver Nuggets during the first quarter at the United Center on February 07, 2026 in Chicago, Illinois.
Ivey was already four seasons in. When he initially signed his rookie deal with the Pistons, Ivey was slated to earn $32.95 million over four years.
Last season, the Pistons had a $7.97 million club option for Ivey. This year’s number was set at $10.10 million. Ivey will complete his deal, but there won’t be any qualifying offers coming his way.
Numbers-wise, Ivey was doing well enough to be in line for a notable payday.
GettyDENVER, COLORADO – DECEMBER 28: Jaden Ivey #23 of the Detroit Piston brings the ball down the court against the Denver Nuggets in the first quarter at Ball Arena on December 28, 2024 in Denver, Colorado. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Matthew Stockman/Getty Images)
Over four seasons in Detroit, Ivey averaged 14.9 points while shooting 35.4% from three. Before going down with a season-ending injury in 2024-2025, Ivey was posting averages of 17.6 points, on 40.9% shooting from deep.
When he got to the Bulls, Ivey produced 11.5 points and 4.0 assists per game, while hitting on 38.1% of his threes.
Ivey is unlikely to find a landing spot before the end of the 2025-2026 regular season. The veteran guard will have to focus on the free agency market in July.