Chicago Bulls announced that Jabari Parker has agreed to a two-year, $40M deal with the club.
Earlier today, Adrian Wojnarowski of the ESPN tweeted that Parker, who was a restricted free agent, was close to reach an agreement with the Bulls, as the 23-year-old player’s former team, the Milwaukee Bucks, were not willing to match the offer.
The Bucks’ GM, Jon Horst, confirmed that the squad made Parker an unrestricted free agent, with the forward joining the Bulls a few hours later.
Parker, who is a Chicago native and has suffered two different ACL tears in his left knee so far, averaged 12.6 points and five rebounds in 31 games with the Bucks last season.
Free agent forward Jabari Parker has agreed to a two-year, $40M deal with the Chicago Bulls, league sources tell ESPN. Milwaukee rescinded Parker's qualifying offer moments ago, making him unrestricted.
— Adrian Wojnarowski (@wojespn) July 14, 2018
Restricted free agent forward Jabari Parker and the Chicago Bulls are progressing on a deal, league sources tell ESPN. Discussions over a number to topics still ongoing.
— Adrian Wojnarowski (@wojespn) July 13, 2018