Nikola Mirotic is set to join the Bulls.
The 6-foot-10 power forward reached an agreement on a three-year, $17 million contract with the Bulls, Yahoo Sports reported on Sunday.
Mirotic will be paid out of the Bulls' midlevel exception after completing his contract buyout with Real Madrid.
The moves fortifies the frontcourt for the Bulls who reached an agreement with free agent power forward/center Pau Gasol on Saturday. Yahoo Sports reported that he will receive a three-year, $22 million-plus contract on Sunday.
Kirk Hinrich also agreed to a two-year, $5.6 million deal with a player option for the second season, which was reported by TNT's David Aldridge. The deal is more than the veteran's minimum, but less than Hinrich was being offered from Charlotte, who aggressively pursued him, and Utah, according to CSNChicago.
The Bulls roster appears to be finalized, as backup point guard D.J. Augustin agreed to a two-year, $6 million deal with the Detroit Pistons.
Augustin had been very vocal towards seasons-end about his desire to remain in Chicago, but with Hinrich's signing, along with the deals to Gasol and Mirotic, there simply wasn't enough to pay Augustin.
The Bulls now have until Wednesday to use the amnesty provision on Carlos Boozer, which appears a foregone conclusion as they have been unable to find a team willing to take on the remaining $16.8 million he is owed next season.
There are still moves to be made as the Bulls can still trade Anthony Randolph, who was acquired on the draft-day trade that landed the Bulls Doug McDermott. Yahoo Sports also reported that Greg Smith is expected to be traded to the Dallas Mavericks as early as Monday to help clear salary space for the Bulls. The Bulls would also like to add some depth to the perimeter.
The 2014-15 Bulls roster will now be Derrick Rose, Jimmy Butler, Mike Dunleavy, Taj Gibson, Joakim Noah, Pau Gasol, Nikola Mirotic, Tony Snell, Kirk Hinrich, Doug McDermott and Cameron Bairstow.