DeRozan Inks Lucrative Three-Year Deal with Chicago Bulls

Multi-Million Dollar Contract Signals a Major Move for the Star Forward

Chicago, Illinois – August 2, 2023

In a major development for the Chicago Bulls, star forward DeMar DeRozan has signed a lucrative three-year, $81.9 million contract with the team. The deal, which includes $81.9 million guaranteed, secures DeRozan's financial future and cements his status as a key player for the Bulls for the foreseeable future.

DeRozan, a four-time All-Star, has been a vital contributor to the Bulls' success in recent years. In the 2022-23 season, he averaged 26.1 points, 5.2 rebounds, and 4.9 assists per game while shooting 50.4% from the field and 35.2% from three-point range.

"DeMar is a special player and a great teammate," said Bulls general manager Marc Eversley. "He has been a key part of our success, and we are thrilled to have him back in Chicago for the next three years."

The Bulls' acquisition of DeRozan is expected to bolster their championship aspirations. With DeRozan and reigning MVP Nikola Vucevic leading the way, the Bulls are poised to make a deep run in the playoffs in the upcoming season.

DeRozan's contract is a testament to his value to the Bulls both on and off the court. The 33-year-old forward is a consummate professional and a respected leader in the locker room. His signing is a major step forward for the Bulls as they look to establish themselves as a perennial contender in the Eastern Conference.