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It is official. Jabari Parker returns home
The former star of Simeon High has verbally agreed to sign a two-year $ 40 million deal with the Bulls after the Bucks have striven to cancel their bid qualifying. This move made Parker an unrestricted free player and allowed the Bulls to negotiate with him without signing him on an offer sheet.
"Jabari and I felt that it was in the interest of the team and the team to terminate our offer, making him a free agent without restriction", said Bucks chief executive Jon Horst in a statement. "We appreciate all that Jabari has brought to our team and our community over the last four years and we wish him good luck."
The second year of Parker's agreement is not fully guaranteed, according to sources. Essentially, it's a team option, which gives the Bulls and Parker a season to prove that he's healthy after suffering two ACL rips in his first four seasons in the league [19659005] If Parker plays well and stays healthy
Originally, the Bucks made Parker a restricted free agent by offering him his $ 4.3 million eligible offer. As of last night at 11:59 pm, the Bucks had yet to cancel this offer. But when it became clear that the Bucks would not match the Bulls 's they were signing it on an offer sheet, the Bucks worked with Parker' s agency to cancel the offer.
"Jabari and I express our sincere gratitude to Jon Horst and Bucks Owners Marc Lasry, Wes Edens and Jamie Dinan for working side by side with us throughout the free agency period," said Mark Bartelstein, CEO of Priority Sports & Entertainment in a statement. "From the moment the Bucks drafted Jabari with No. 2 pick in the 2014 draft, they did everything to treat Jabari as a member of the Bucks family. , and that's another perfect example of doing just that, and we "
Parker also spoke in the statement released by the Bucks.
"I am extremely grateful to the Bucks and the incredible Milwaukee fans for showing so much love and encouragement," Parker said. "Specifically, I want to thank Jon, Marc, Wes and Jamie for allowing me to start in the NBA and to have supported me throughout my career." 19659002 "Thanks to my teammates for being like brothers to me.Also, the medical and performance staff led by Troy Flanagan and Suki Hobson deserve my endless thanks for their dedication to making me stronger and healthier every day. "
The Bulls have a strong relationship with Parker's agent, Bartelstein. He and his agency also represent Bobby Portis and first-round pick Chandler Hutchison
The Bulls were interviewed and did not confirm or deny whether or not they had made a promise to Hutchison and his agency to select it at # 22 In last month's NBA draft, Hutchison retired from the NBA draft and did not work for the teams.
Parker, who drove Simeon to four championships in a row, told people that he would rather play for the Bulls, joining his home team with a younger core of players. Parker, 23, averaged 15.3 points in four seasons, earning him twice his left ACL.
Twitter @kcjhoop
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