The Bulls will acquire Guerschon Yabusele from the Knicks in exchange for Dalen Terry, sources tell ESPN’s Shams Charania (Twitter link).

New York had reportedly been looking to unload Yabusele for several weeks, but couldn’t find a taker because of his $5.7MM player option for next season. Chicago decided to take the risk on a player who was effective last season in Philadelphia but has struggled since joining the Knicks.

Rumors had emerged that the 30-year-old Yabusele was considering going back to Europe, where he was a star for five seasons, but this trade will likely quash that speculation.

Yabusele was only averaging 8.9 minutes per night in 41 games with New York, but he figures to see a larger role in the Bulls’ revamped front court. Chicago has been in need of additional size all season and agreed to trade starting center Nikola Vucevic to Boston earlier this week.

The Knicks get a small savings by swapping Yabusele’s $5.5M salary for Terry, who’s making $5.4MM in the final season of his rookie contract and is on a path for restricted free agency this summer. The 23-year-old shooting guard was selected with the 18th pick in the 2022 draft, but he hasn’t been able to earn a consistent rotation spot during his four years in Chicago.

The deal increases the Knicks’ space below the second apron from $148,359 to $249,241, according to Yossi Gozlan of The Third Apron (Twitter link), allowing them to sign a 15th player on March 26 instead of waiting until April 2. New York can still ship Terry to another team before Thursday’s deadline, and Gozlan believes they may get more interest in his expiring deal than they did in Yabusele.

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