July 14, 2018, 12:39 pmJabari ParkerSF/PF, Chicago Bulls
The Bucks officially rescinded their qualifying offer to Jabari Parker as he agreed to sign with Bulls for $40 million over two years.
The Bucks waited until today to rescind the offer rather than before yesterday's deadline to allow Parker an easier exit. The second year of Parker's new deal comes with a team option, which is good for the Bulls considering Parker has had two ACL surgeries since being drafted second overall in 2014. He returned in February to play 31 games for the Bucks last year and averaged 12.6 points, 4.9 rebounds, 1.9 assists, 0.8 steals and 1.0 steals in 24.0 minutes, shooting 48.2 percent from the field, good for top-150 value in standard leagues. He should be a little more comfortable this year after a full healthy offseason. He projects to jump Justin Holiday as the starting small forward for the upcoming season.
Source: Adrian Wojnarowski on Twitter