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Bulls sign Shaquille Harrison, waive Omer Asik

New Zealand Breakers v Phoenix Suns

PHOENIX, AZ - OCTOBER 03: Shaquille Harrison #10 of the Phoenix Suns handles the ball during the first half of the NBA game against the New Zealand Breakers at Talking Stick Resort Arena on October 3, 2018 in Phoenix, Arizona. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Christian Petersen/Getty Images)

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Kris Dunn, the Bulls’ clear top point guard, has yet to play this season due the birth of his child. Even when he returns, Chicago’s other point guards – Cameron Payne, Ryan Arcidiacono, Tyler Ulis – are uninspiring, even as backups.

So, the Bulls added Shaquille Harrison, whom the Suns waived after agreeing to sign Jamal Crawford.

Bulls release:

The Chicago Bulls have signed guard Shaquille Harrison.
In a preceding move, the Bulls waived center Omer Asik.

Harrison is a nice pickup, one of the better free agents available and someone who plays a position of need. The Bulls could use several swings at finding long-term point guards, and the 25-year-old Harrison is a potential fit.

Waiving Asik is an interesting move. Asik was injured, and this could end the 32-year-old’s career. But Chicago loses the ability to trade his contract. Just $3 million of Asik’s $11,977,527 2019-20 salary was guaranteed, which could have been useful in a salary-accepting trade.

Instead, Asik will count $11,286,516 against the cap this season and $3 million after that. The Bulls can either pay the entire $3 million next season or stretch it to $1 million each of the next three seasons. Stretching the money would indicate Chicago still plants to be aggressive in free agency next summer. Paying all it once would suggest a more patient rebuild.