Jabari Parker agrees to two-year deal with Chicago Bulls

Within minutes after the public announcement that the Milwaukee Bucks were rescinding their qualifying offer for Jabari Parker, it was reported that Parker would be signing with his hometown Chicago Bulls on a two-year deal paying him $40 million.

Parker, who the Bucks selected second overall in the 2014 NBA Draft, suffered two ACL injuries during his time in Milwaukee.

The Bucks haven't officially announced, but are expected to sign Ersan Ilyasova and Brook Lopez to free agent deals. Ilyasova's three-year, $21 million contract and the one-year deal for Lopez will be far less expensive than the $20 millino per season that Parker will get in Chicago.

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