Bulls Re-Sign Mike Dunleavy

JULY 14TH, 5:21pm: The deal is official, the Bulls announced via a press release.

9:08am: The sides have reached agreement, reports Adrian Wojnarowski of Yahoo! Sports (on Twitter). It’ll be $14.4MM over the course of the three years with a partial guarantee on the final season, Wojnarowski also tweets.

JULY 1ST, 8:16am: The Bulls and Mike Dunleavy are close to a three-year, $15MM deal, reports Marc Stein of ESPN.com (Twitter link). Chicago has remained the favorite even as other teams were poised to give chase. LeBron James apparently prompted the Cavaliers to pursue the client of outgoing Wasserman agent Arn Tellem, while the Wizards and Clippers also reportedly had interest.

Chicago has Early Bird rights on Dunleavy, and it would seem they’re putting them to use here. The Cavs were likely limited to no more than the taxpayer’s mid-level of $3.376MM, and while the Wizards could have spent their $5.464MM non-taxpayer’s mid-level, the Bulls appear to have come up with a comparable figure. That’s even though Chicago is poised to pay the tax, too.

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One thought on “Bulls Re-Sign Mike Dunleavy

  1. Like I said yesterday. Dunleavy would be back in Chicago regardless of what lebron wants. Good move by the Bulls.

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