Nikola Mirotic, who is considered the best player in European basketball, signed a three-year, $17 million deal with the Bulls on Sunday, league sources told Adrian Wojnarowski of Yahoo Sports.
A 6-foot-10 forward, Mirotic was the Spanish League MVP last year for Real Madrid. He also shot 46 percent from three-point range.
He will be paid out of the Bulls' mid-level exception, according to Wojnarowski, after completing his contract buyout with Madrid.
The Rockets drafted Mirotic 23rd overall in 2011 but traded his rights to the Bulls on draft night.
- Chris Mascaro