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Mike Dunleavy Agrees to New Contract with Chicago Bulls

Mike Chiari@mikechiariFeatured Columnist

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Veteran swingman Mike Dunleavy Jr. has agreed to a three-year contract with the Chicago Bulls. Sean Highkin of Bleacher Report provided the team's statement on the deal:

Sean Highkin @highkin

Bulls officially announce the re-signing of Mike Dunleavy http://t.co/4GdhTNPTaV

Adrian Wojnarowski of Yahoo Sports reported the contract is worth $14.4 million.

While there may have been some outside interest in Dunleavy from LeBron James and the Cleveland Cavaliers, the Bulls didn't intend to let him walk, per K.C. Johnson of the Chicago Tribune:

K.C. Johnson @KCJHoop

GM Gar Forman reiterates desire to retain Jimmy Butler and Mike Dunleavy. Bulls also will try to add another guard via exception.

Dunleavy has played in just 26 postseason games over the course of his career, but that number will almost certainly rise in Chicago. As a key cog on a very talented roster, the small forward adds a critical outside shooting to the Bulls' lineup, freeing up space for slashing point guard Derrick Rose and shooting guard Jimmy Butler. 

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