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Bulls Sign D.J. Augustin

FRIDAY: The Bulls have officially signed Augustin, according to a press release from the team. I’d guess it will be a non-guaranteed pact, but terms of the agreement weren’t disclosed.

WEDNESDAY: The Bulls and D.J. Augustin have a reached a deal, reports Adrian Wojnarowski of Yahoo! Sports. We had heard earlier that Chicago was the clear favorite to sign the recently waived Augustin, and Wojnarowski reports that the two sides have reached an agreement, pending a Thursday morning physical.

The Raptors waived Augustin in order to make room on an overcrowded roster that came about as a result of the seven-player blockbuster that sent Rudy Gay to the Kings. The Bulls were seeking some much-needed depth in their backcourt after losing Derrick Rose to a season-ending injury. Augustin has played limited minutes this year; he’s averaging 8.2 MPG in 10 contests. Still, the four-year veteran will help supplement an ailing cast of guards in Chicago.

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