In a bit of a bookkeeping formality, the Bulls announced Monday they have picked up the options on contracts for point guard Derrick Rose and center Joakim Noah for the 2010-11 season.
In the third year of his rookie contract, Rose will earn a little more than $5.5 million that season. Noah, in the fourth year of his rookie deal, will earn just over $3.1 million.
In other salary bookkeeping, the Bulls can sign Tyrus Thomas (entering his fourth season) to a contract extension (which would begin in the 2010-11 season) by the start of the regular season later this week, but the team has no interest in doing so.
Thomas will have to prove himself this season and then become a restricted free agent next summer.