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Report: Bulls bringing back Mike Dunleavy on three-year deal worth $15 million

Mike Dunleavy, James Harden

Chicago Bulls guard Mike Dunleavy, left, and Houston Rockets guard James Harden watch the ball after Dunleavy passed it during the first half of an NBA basketball game in Chicago on Thursday, March 13, 2014. (AP Photo/Nam Y. Huh)

AP

Mike Dunleavy was a key member of a very good Bulls team last season, so much so that LeBron James was lobbying for the Cavaliers to go out and get him behind the scenes.

Cleveland is up against the cap, however, and will have very little to spend after James, Kevin Love and Tristan Thompson all get paid this summer. And with Dunleavy liking his fit in Chicago, he quickly agreed to re-up on a reasonable deal to remain with the Bulls.

Marc Stein of ESPN.com:

ESPN sources say Chicago Bulls are closing in on a three-year, $15 million deal to bring back in-demand swingman Mike Dunleavy

Dunleavy started in all 63 of his regular season appearances for the Bulls, and averaged 9.4 points and 3.9 rebounds in 29.2 minutes per contest. More importantly, he was an above average three-and-D guy, knocking down 40.7 percent of his shots from three-point distance while being a tough-minded defender who was never afraid to mix it up.

Really nice signing for the Bulls, especially at that price.