The Chicago Bulls have released Goran Dragic, which will make him playoff eligible.

Dragic appeared in 51 games with the Bulls, averaging 6.4 points, 1.4 rebounds and 2.7 assists in 15.4 minutes.

The Chicago Bulls have waived Malcolm Hill from his Two-Way contract in order to sign Terry Taylor to the slot.

Taylor played in 26 games with the Indiana Pacers this season.

Patrick Beverley chose to sign with the Chicago Bulls, but he very nearly joined the Golden State Warriors instead.

"I'm going to be taking my talents back home," Beverley said on his podcast. "It was between Golden State and the Bulls. Obviously, it's always good to play with a lot of great talent in Golden State, but y'know, a lot of guards over there. So, I figured I could make a playoff push with the Bulls right now, and kinda pop them up a little bit. The east is kinda weak. I'm excited man, I'm excited. I get to take my son to school. I get to take my son and baby girl to school, I get to pick them up, I get to rep my city on my chest."

The Warriors have a surplus of guards though the availability of both Stephen Curry and Gary Payton II is uncertain as they deal with injuries.

The Chicago Bulls are shutting down Lonzo Ball for the remainder of this season. Ball hasn't played this year, while dealing with pain and discomfort in his surgically repaired left knee.

Ball was diagnosed with a bone bruise and small meniscus tear in his left knee in January of 2022. He underwent surgery and was initially given a potential return date before the end of last season. Ball had a setback in March and missed the remainder of the 2021-22 season.

While rehabbing, Ball had fits and starts with his recovery, including needing to be shut down at different points due to continued soreness in his left knee. Now, the Bulls have made the decision to close the door on the sixth-year guard playing this season. Chicago is signing Patrick Beverley to a rest-of-season contract, as the Bulls continue to push for a playoff spot.

Ball averaged 13 points, 5.4 rebounds, 5.1 assists, 1.8 steals and nearly a block per game in 35 games for Chicago last season. At the time he was injured in mid-January, the Bulls were near the top of the Eastern Conference standings. Chicago ultimately fell to sixth in the conference and lost a 4-1 series to the Milwaukee Bucks in the first round of the playoffs.

The Chicago Bulls are expected to waive backup center Tony Bradley. This move will free up the roster spot Chicago needs to sign guard Patrick Beverley.

Bradley is finishing the second season of a two-year minimum contract he signed with Chicago in 2021. He'll be on the Bulls books for roughly $2 million in dead salary upon being waived. Bradley is expected to garner interest from teams that are still in the market for a backup center.

Bradley's role significantly reduced after Chicago traded for Nikola Vucevic last season and signed Andre Drummond this past offseason. The sixth-year center has appeared in 12 games for the Bulls this season.

Patrick Beverley has agreed to sign with the Chicago Bulls. The Bulls will have to waive a player to create a roster spot to sign Beverley. 

Beverley was bought out by the Orlando Magic following his trade from the Los Angeles Lakers.

Beverley grew up in Chicago.

Around the trade deadline, the Chicago Bulls told interested teams they could get upward of two first round picks for Alex Caruso, sources told Jake Fischer of Yahoo Sports.

Caruso signed a four-year, $37 million deal with the Bulls during the 2021 offseason.

Caruso is a 36.8 percent career three-point shooter on relatively low volume, but his perimeter defense is amongst the best in the NBA.

Russell Westbrook has had discussions with the Chicago Bulls, Washington Wizards, Miami Heat, and Los Angeles Clippers as possible destinations should he get bought out by the Utah Jazz, according to ESPN's Adrian Wojnarowski.

The Jazz gave Russell Westbrook permission to talk to other teams about having a larger role.

Wojnarowski adds that there is no rush for Westbrook to make a decision with the upcoming All-Star break.

Westbrook could also finish the season with the Jazz.

An MRI revealed that DeMar DeRozan has a Grade 1 thigh strain, the Chicago Bulls announced on Tuesday.

DeRozan revealed that he had been bothered by the thigh for over a month.

Billy Donovan downplayed the seriousness of the injury.

“I don’t think it’s significant. But we’ll see how he progresses and how he feels. He knows his body well. He’s always very conscientious about taking care of it. We hope with treatment and how diligent he is, he’ll progress," said Donovan.

DeRozan was not ruled out for Thursday's game against the Bucks. 

DeMar DeRozan left the Chicago Bulls' 100-91 loss to the Orlando Magic in the fourth quarter due to a right hip injury.

DeRozan is set to undergo testing on the hip on Tuesday.

"It was bothering me the whole game. I just felt it. I didn't want to risk nothing. Hurting it anymore, what it was or anything. Just the accumulation of what it's been, attempting to play on it," said DeRozan.

DeRozan missed last Monday's game against the Grizzlies with the injury.

DeRozan did not rule himself out for the rest of the week, or for the upcoming All-Star Game.