THURSDAY, 11:59am: The signing is official, the team announced.
WEDNESDAY, 7:56pm: The Bulls will sign veteran point guard Mike James tomorrow, per K.C. Johnson of The Chicago Tribune. The deal will cover the remainder of the season, making James eligible for Chicago’s postseason run. James, a favorite of coach Tom Thibodeau, was expected to sign with the Bulls once Chicago was freed of Erik Murphy‘s salary thanks to a waiver claim of Murphy by the Jazz.
James has played exclusively for the Bulls this season, having his non-guaranteed deal waived early on and, until now, not getting an opportunity to re-sign after a 10-day deal expired in January. James joins recent signings Jimmer Fredette and Ronnie Brewer to bring Chicago’s roster up to 14 players, one short of the league maximum. The Bulls could still add another player now that the team is more comfortably below the tax line for the year.
In his time with the Bulls this season, the Lee Basketball Services client has averaged 1.0 points and 1.5 assists in 7.0 minutes per game. For his career, the 38-year-old averages 9.9 points and 3.5 assists per contest.