Pau Gasol announced he will join the Chicago Bulls.

Gasol was offered a two-year, $23 million deal by the Los Angeles Lakers, along with a three-year, $29 million deal.

The Bulls will need to make some roster moves in order to finalize their Gasol acquisition, most likely amnestying Carlos Boozer.

The Bulls and Lakers were unable to agree upon terms for a Gasol sign-and-trade.