Per Marc Stein, the Bulls are going to sign Fesenko to a non-guaranteed camp deal with the expectation of signing him for the rest of the season in late November when they can fit him in underneath the salary camp.
Marc Stein's twitter:
Going online as we speak: ESPN sources say Bulls to sign center Kyrylo Fesenko by week's end after working him out in Chicago
Bulls been looking for proven big willing to take non-guaranteed deal now & possibly re-sign in late NOV when tax issues ease. Fes says yes
Fesenko's a nice guy to take a shot on as a fifth big. While he's had very little success in the NBA thus far, he's got height, reasonable athleticism, and might provide some defensive presence. Whether or not he can make any further strides is certainly a big question mark, but in terms of seven footers willing to take non guaranteed deals it's not really going to get much better.
Fesenko's profile thus far has been something like this:
Horrific foul rate
Gives you nothing on offense
In other words, he's Omer on offense but only a really poor man's Omer on defense which really isn't all that exciting on the surface, but of course, seven footers willing to take non guaranteed contracts are rarely exciting.