Paul Millsap remains one of the most prominent free agents on the market and has received interest from a number of teams.

The Brooklyn Nets, Golden State Warriors, Chicago Bulls and Los Angeles Clippers are all interested in Millsap.

Millsap spent the past four seasons with the Denver Nuggets and is coming off a one-year, $10 million deal. 

The Chicago Bulls received sign-and-trade interest on Lauri Markkanen from a number of teams before eventually sending him to the Cleveland Cavaliers.

The Dallas Mavericks, New Orleans Pelicans, Minnesota Timberwolves, San Antonio Spurs, Sacramento Kings and Boston Celtics all expressed interest in Markkanen.

But the Bulls refused several trade offers and eventually were hung up on a second round pick also being included from Cleveland.

Markkanen is joining the Cavaliers on a four-year, $67.5 million deal with a partial guarantee on the fourth year. 

Markkanen fully expected to be part of the DeMar DeRozan sign-and-trade to the Spurs, but Chicago is believed to have pulled him from the porospal. 

Zach LaVine has left Innovate Sports and BDA Sports and is expected to sign with Klutch Sports.

Innovate Sports formed in July and worked in collaboration with BDA Sports representing LaVine.

LaVine previously signed a four-year, $78 million offer sheet with the Sacramento Kings at the start of 2018 restricted free agency that was subsequently matched by the Chicago Bulls.

LaVine will become a free agent in 2022.

The Cleveland Cavaliers, Chicago Bulls and Portland Trail Blazers have agreed on a deal involving a sign-and-trade involving Lauri Markkanen. 

The Cavaliers will acquire Markkanen, while the Bulls will receive Derrick Jones Jr. and a lottery protected future first rounder from the Blazers, while Portland receives Larry Nace Jr. The Cavaliers will also second a 2023 second round pick via the Denver Nuggets to the Bulls.

The pick from the Blazers is lottery protected through 2028 and then converts to a 2028 second rounder if not conveyed by then.

Markkanen is a restricted free agent this offseason and will sign a four-year, $67 million deal with the Cavaliers, according to K.C. Johnson of NBC Sports. 

Second-year guard Devon Dotson is signing his qualifying offer from the Chicago Bulls. Dotson will return to the Bulls on a Two-Way contract for 2021-22.

As a rookie, Dotson appeared in 11 games and averaged 2.1 points per game. 

The Chicago Bulls are signing rookie guard Ayo Dosunmu to a guaranteed two-year contract. Dosunmu was the 38th pick in the 2021 NBA Draft.

Dosunmu entered the draft a year early after a three-year career at Illinois. The 21-year-old guard averaged 20/6/5 for the Illini as a junior.

Chicago has rebuilt much of their roster this offseason. The Bulls added DeMar DeRozan, Lonzo Ball, Alex Caruso and Tony Bradley in free agency this month.

Lonzo Ball has a $1 million unlikely bonus in each season of his four-year deal with the Chicago Bulls.

Ball reportedly agreed to a four-year, $85 million deal with the Bulls in a sign-and-trade.

Ball will earn $18.6 million in 21-22, $19.5 million in 22-23, $20.5 million in 23-24 and $21.4 million in 24-25.

Unlikely bonuses are not counted against a team's cap, but they are counted when calculating the luxury tax if they're met.

Lauri Markkanen remains in free agent with most teams lacking cap space and the Chicago Bulls seeking a first round pick for facilitating a sign-and-trade, sources tell Jake Fischer of Bleacher Report.

The Bulls are also requiring Markkanen's new team to find a third trade partner to take on the outgoing salary needed to create space for his contract. The third team would seek draft pick compensation, which means any team interested in Markkanen must send a first to Chicago and likely another first or two second rounders elsewhere.

"Chicago is playing this masterfully from no other perspective than a contract management standpoint," said one team capologist. "It won't do any favors relationship-wise, but they're bleeding his market based on their tax situation, and nobody else can offer him any kind of money without them."

The Dallas Mavericks, New Orleans Pelicans, Minnesota Timberwolves and Boston Celtics have all shown interest in Markkanen at deals worth around $15 million in average annual value. 

Markkanen may be forced into accepting a one-year qualifying offer that would pay him approximately $9 million and he could then become an unrestricted free agent next summer. Markkanen, however, is believed to not have interest in a return to Chicago on that structure. 

Cristiano Felicio has signed with ratiopharm Ulm in Germany.

Felicio is coming off a four-year, $32 million contract with the Chicago Bulls.

Last season, Felicio averaged 1.3 points and 1.4 rebounds per game.

The New Orleans Pelicans have interest in Lauri Markkanen and could acquire him via a sign-and-trade by using their $1 million trade exception.

Markkanen is a restricted free agent and he has expressed a preference to leave the Chicago Bulls.

The Bulls, however, are seeking a first round pick in exchange for facilitating a deal involving Markkanen.