Jabari Parker nearing offer sheet deal with Chicago Bulls

Less than 24 hours after starting an impromptu pickup game in Bay View, Jabari Parker could be making his way out of Milwaukee.

The restricted free agent is getting close to striking an offer-sheet deal with his hometown Chicago Bulls according to multiple reports. Per K.C. Johnson of the Chicago Tribune, the deal would be in the area of two years, $40 million. Friday at 11:59 p.m. marks the deadline for teams to pull their qualifying offer and thus renounce restricted free agents, which represents part of the holdup.

The Bulls aren’t certain if they will need to negotiate with Parker under the structures of restricted free agency — a contract with at least two guaranteed years that can be matched by the previous team — or if the Bucks will renounce Parker and make him an unrestricted free agent, which would present a blank slate when it comes to coming up with a new contract.

Milwaukee, with Ersan Ilyasova and Brook Lopez set to sign free-agent deals, is limited financially when it comes to trying to bring back Parker. With those two players included, the Bucks have 15 players on their roster and a cap figure of about $116 million, which is $14 million above the salary cap and about $7.7 million under the luxury tax.

If Parker leaves, the Bucks would only be able to

Article source: https://www.jsonline.com/story/sports/nba/bucks/2018/07/13/jabari-parker-nearing-deal-chicago-bulls/784629002/

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