The Bulls made official their signing of free agent shooting guard Marco Belinelli on Tuesday.
Reports are that he will receive the Bi-Annual Exception, which is worth just under $2 million this season. There is also a team option for next season.
Belinelli is an outstanding shooter who averaged career-highs of 11.8 points and 29.8 minutes last season with New Orleans.
This is yet another outstanding move by the Bulls' front office this summer. They have replaced guys who completely disappeared in the post-season (Watson, Brewer and Korver) with Hinrich (whose 3-pt shooting IMPROVES in the playoffs), Radmanovic (who's been to the Finals), and Belinelli (who costs 1/3 what Korver cost).