DeMar DeRozan is reportedly headed to the Windy City.
According to reports from Yahoo's Chris Haynes and The Athletic's Shams Charania, DeRozan has agreed to a three-year deal worth $85 million to join the Chicago Bulls.
It’s a three-year, $85 million fully guaranteed deal for DeMar DeRozan negotiated by Aaron Goodwin of @GoodwinSports. https://t.co/jPt1o6MsLK
— Chris Haynes (@ChrisBHaynes) August 3, 2021
While both of the above reports added that the deal will be a sign-and-trade, ESPN's Adrian Wojnarowski added that the Spurs will receive Al-Farouq Aminu, Thaddeus Young and draft capital in return.
Full Bulls-Spurs sign-and-trade for DeMar DeRozan on a three-year, $85M deal includes Young, Aminu, the 2025 first-round pick and the 2022 and 2025 seconds to San Antonio.
— Adrian Wojnarowski (@wojespn) August 3, 2021
One of the top free agents in the 2021 class, DeRozan is coming off a season in which he averaged 21.6 points, a career-high 6.9 assists and 4.2 rebounds per game for the Spurs, who were eliminated in the Play-In Tournament.
DeRozan, who will soon be 32, is looking to return to the NBA Playoffs stage after his teams fell short in each of the last two seasons. Fittingly, Chicago is looking to snap a playoff drought, with the team missing the NBA Playoffs in each of the last four seasons.
The Bulls have made two big splashes this offseason, reportedly adding DeRozan less than 24 hours after the reported addition of 2017 No. 2 overall pick Lonzo Ball, who is set to share the backcourt with All-Star Zach LaVine.
DeRozan would also be reunited with Nikola Vucevic, his teammate for one season at the University of Southern California.
After Chicago added the All-Star center at the 2021 trade deadline, it was clear that the franchise was looking to move towards the upper tier of the Eastern Conference, and the reported addition of DeRozan is the latest example of a big swing that could pay off for the Bulls.
Stick with NBA.com for more updates surrounding DeRozan's situation and the free agency frenzy of 2021.
Deals can only be agreed upon in principle until Aug. 6 at 12:01 p.m. (ET) when they can be signed and made official.
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