Chicago Bulls Lose Omer Asik to Houston Rockets

Publish date:

It's official, Omer Asik's offer sheet signed that he signed with the Rockets won't be signed by the Chicago Bulls, making Asik a future Houston resident.

ESPNChicago writes, "The Chicago Bulls will not match the Houston Rockets' three-year, $25.1 million offer toOmer Asik, the team announced via its website Tuesday morning. 'It was a difficult decision because Omer did a nice job for us,' Bulls general manager Gar Forman told the team's website Tuesday. 'Matching the offer for Omer could have put us in a difficult position going forward in trying to acquire high-level talent.

We wish Omer good luck and continued success.' The deal that the Rockets structured would have meant the Bulls would have been on the hook for a cap hit of almost $15 million in the final year of the contract. The Bulls decided they did not want to absorb such a substantial penalty given their current cap situation. Asik averaged 3.1 points and 5.3 rebounds coming off the Bulls' bench. 

Meanwhile, the Bulls are finalizing deals for Marco Belinelli and Nazr Mohammed, according to a source familiar with the situation. The 6-foot-5 Belinelli, who is a former first-round pick (18th overall) by Golden State, averaged 11.8 points last season with the New Orleans Hornets. He is expected to sign for the bi-annual exception, which is just under $2 million."

So long, Omer! See you next year!

Here's a video highlighting Omer Asik's short career (with the Bulls):

Get more great Chicago Bulls analysis over at Horns to the Hardwood.


Popular Video