It’s official: Jabari Parker’s time with the Milwaukee Bucks has officially come to a close.
ESPN’s Adrian Wojnarowski was first to report Saturday morning that Parker had agreed to a two-year, $40 million deal with the Chicago Bulls, which was made possible by the Bucks rescinding their qualifying offer to him to make him an unrestricted free agent.
Free agent forward Jabari Parker has agreed to a two-year, $40M deal with the Chicago Bulls, league sources tell ESPN. Milwaukee rescinded Parker's qualifying offer moments ago, making him unrestricted.
— Adrian Wojnarowski (@wojespn) July 14, 2018
The Bucks themselves confirmed this move in a press release moments later with statements from Parker, his agent Mark Bartelstein and Bucks general manager Jon Horst.