Rajon Rondo has agreed to a two-year, $28 million deal with the Chicago Bulls. The second season of Rondo's deal is partially guaranteed.

Rondo spent one season with the Sacramento Kings on a one-year deal.

The Chicago Bulls had a vacancy at point guard following their trade of Derrick Rose to the New York Knicks.

I'm excited. Great organization with pieces around me that I'm excited about," Rondo said.