Chicago Bulls

Report: Jabari Parker agrees to sign with Chicago Bulls

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Jabari Parker (Getty Images)

Jabari Parker is heading home.

According to ESPN's Adrian Wojnarowski, the 6-9 Chicago native is set to join his hometown Bulls after agreeing to a two-year, $40 million contract. Milwaukee rescinded the qualifying offer it had made to Parker, making him an unrestricted free agent.

MORE: Track free agency movement

Parker, who missed the first 50 games of the 2017-18 season while recovering from his second ACL surgery, appeared in 31 games for the Bucks, averaging 12.6 points and 4.9 rebounds per game in 24.0 minutes. He has missed 145 games in his four-year career due to his troublesome knee.

In the Bucks' first-round series loss to the Celtics, Parker averaged 10.0 points and 6.1 rebounds over seven games while playing 23.9 minutes per contest.

The 23-year old forward will join the Bulls young core of Lauri Markkanen, Kris Dunn, Bobby Portis, Zach LaVine and 2018 draft selection Wendell Carter Jr. If healthy, Parker can help accelerate the Bulls' return to playoff contention in the east.

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