DeMar DeRozan Wants To Re-Sign With Bulls: ‘I Love The City, The Organization Been Great’

DeMar DeRozan wants to re-sign with the Chicago Bulls. 

The six-time All-Star, who becomes an unrestricted free agent this summer, talked about his future with former NBA guard Lou Williams on “Run It Back.”

.@DeMar_DeRozan wants to stay in Chicago 🙌

"The city is great, I love the city, the organization been great—it's definitely a place I would love to return to, and take care of unfinished business." 👏 #Bulls pic.twitter.com/OCT6fMJlMV

— Run It Back (@RunItBackFDTV) May 15, 2024

The Bulls can sign DeRozan to an extension before free agency starts. They signed Nikola Vucevic to an extension before free agency started last summer. 

DeRozan appeared in 79 games for the Bulls this season. The USC product averaged 24.0 points, 4.3 rebounds and 5.3 assists while shooting 48.0% from the field, 33.3% from beyond the arc and 85.3% from the free-throw line. 

The Bulls defeated the Atlanta Hawks in the 9-10 play-in game but lost to the Miami Heat in the 8-9 play-in game. 

According to NBA insider K.C. Johnson of NBC Sports Chicago, the Bulls recently offered DeRozan a two-year extension. 

“A source said the Bulls recently offered DeRozan’s representative a two-year deal at a high annual salary, perhaps as much as $40 million per season,” Johnson wrote. “For now, DeMar DeRozan is seeking a longer-term deal, but that merely be part of negotiations.”

DeRozan signed a three-year, $85 million contract with the Bulls in August 2021 as part of a sign-and-trade deal with the San Antonio Spurs. 

“DeMar’s been great for us for three years,” Bulls executive vice president of basketball operations Artūras Karnišovas said. “He’s been invested in the city of Chicago and has been really great to our young guys. So both sides are interested in continuing and we’ll see what happens in free agency.”

DeRozan has career averages of 21.2 points, 4.4 rebounds and 4.1 assists with the Toronto Raptors, Spurs and Bulls. He has made three All-NBA teams.

The Bulls are 117-112 with DeRozan in the lineup. They made the playoffs in 2022, losing to the Milwaukee Bucks in the first round in five games. 

The Los Angeles Lakers, Heat and Philadelphia 76ers were interested in acquiring DeRozan this season, sources told Hoops Wire. However, the Bulls weren’t shopping DeRozan.