JULY 15, 3:19pm: The Bulls have formally announced in a press release that they’ve signed Zipser.
JULY 13, 2:11pm: The Bulls have reached an agreement with second-round pick Paul Zipser, according to agent Misko Raznatovic, who tweets that his client will sign a two-year contract with Chicago. The terms of the deal aren’t yet known, but Raznatovic refers to the agreement as being for two “granted years” — it’s possible that was meant to read “guaranteed years.”
[RELATED: 2016 Draft Pick Signings]
Zipser, the 48th overall pick in last month’s draft, was rated this year’s 26th-best prospect by Jonathan Givony of DraftExpress.com. The German forward has spent the last several season playing for Bayern Muenchen. Zipser didn’t see a whole lot of action in Euroleague play, but in 40 German League games, he averaged 7.1 PPG and 3.6 RPG to go along with a .539/.436/.807 shooting line, in 18.1 minutes per contest.
Shortly after the Bulls drafted Zipser, we learned that the team shouldn’t have major issues bringing the 22-year-old stateside. Givony reported at that time that Zipser had just one year remaining on his contract with his German club, with a buyout worth $600K.