Teletovic hit the game winning shot, a short fadeaway in the lane, after an errant three by Jon Leuer. Phoenix entered the final period trailing by 16.
The Bulls and Suns actually entered halftime tied. Chicago exploded to a huge lead in the third quarter, with strong play from Pau Gasol, Jimmy Butler and Derrick Rose, Gasol led the team with 22 points.
But Phoenix battled back in the fourth. Teletovic’s three was the exclamation mark to a 20-point performance off the bench. Brandon Knight led all Suns scorers with 21.