The Bulls reportedly had shown some interest in unrestricted free agent shooting guard O.J. Mayo.
No matter. Mayo is off the board.
Jeff Caplan of ESPNDallas writes:
The Dallas Mavericks and shooting guard O.J. Mayo have agreed to a multiyear deal, according to a source with knowledge of the situation.
Mayo, 24, spent the first four seasons of his career with the Memphis Grizzlies, averaging 15.2 points a game. He is set to join a radically revamped Mavs roster around Dirk Nowitzki that includes center Chris Kaman, forward Elton Brand, shooting guard Dahntay Jones and point guard Darren Collison, all added in the last five days.
The third overall pick in the 2008 draft broke the news on his Twitter account, saying, “I will be signing with dallas! #Mavsnation.”
The exact terms of Mayo’s deal were not known, but it is a two-year deal with a player option in the second year. The Mavs had about $4 million in cap space remaining.
If those numbers are correct, the Bulls probably could have made a strong push for Mayo using the $5 million trade exception they picked up in the Kyle Korver trade (assuming the Grizzlies would have consented to a sign-and-trade).
Of course, Chicago’s front office is in cost-cutting/money-saving mode right now, and they were unlikely to shell out any money for Mayo, especially with Rip Hamilton still on the books and Houston’s $25.1 million offer sheet for Omer Asik still pending.
Just another sign, if anybody needed one, that the Bulls aren’t looking to improve the team this offseason.