OCTOBER 21, 11:16am: Harrison has been signed and Asik has been waived, the Bulls announced on their website. Chicago has the option of stretching the remaining $3MM it owes Asik over the next three seasons, notes Bobby Marks on ESPN Now.
OCTOBER 20, 6:13pm: Sources tell Darnell Mayberry of The Athletic that Asik will be waived (Twitter link). Harrison will receive a standard contract rather than a two-way deal, according to Charania.
OCTOBER 20, 6:06pm: The Bulls may waive veteran center Omer Asik to make room for Harrison, tweets K.C. Johnson of The Chicago Tribune. Asik’s $11,286,516 contract for this season is fully guaranteed, but he only has a $3MM guarantee on his $11,977,527 salary for 2019/20. Chicago was hoping he might be useful in trade talks, but may decide that opening his roster spot is more valuable. The 32-year-old has been away from the team with inflammatory arthritis and there’s no timetable for him to return. He played just four games after being acquired in a trade with the Pelicans in February. However, Johnson adds that a final decision hasn’t been made.
OCTOBER 20, 5:47pm: Shaquille Harrison, who was waived by the Suns earlier this week, will sign with the Bulls, tweets Shams Charania of The Athletic. Harrison traveled to Chicago this weekend in anticipation of the move, Charania adds.
Harrison, who was part of the final cuts in Phoenix on Monday, played 23 games for the Suns during his rookie season, averaging 6.6 points and 2.4 assists per night. With no established point guards on the roster, he was given a shot at winning the starting job heading into camp, but Phoenix opted to go in a different direction.
The Bulls have all 15 roster spots filled, along with both two-way slots, so a move will have to be made before Harrison can be added. Rookie guard Ryan Arcidiacono is the only player without a fully guaranteed deal.