1:00pm: The Bulls have officially re-signed Harrison, the team announced today in a press release. The club also confirmed that its deal with Luke Kornet has been completed.
8:11am: Free agent guard Shaquille Harrison will re-sign with the team that waived him earlier this month, having agreed to a one-year deal with the Bulls, reports Shams Charania of The Athletic (Twitter link).
Harrison, 25, appeared in 73 games for Chicago last season, averaging 6.5 PPG, 3.0 RPG, and 1.9 APG with strong defense in 19.6 minutes per contest. Despite having a regular rotation role, he became a cap casualty when the club needed to clear enough space to finalize its deals with Thaddeus Young and Tomas Satoransky.
The Bulls drafted Coby White, acquired Satoransky via sign-and-trade, and re-signed Ryan Arcidiacono this offseason, so Harrison will join a crowded backcourt that also features Kris Dunn and Antonio Blakeney. K.C. Johnson of The Chicago Tribune tweets that the club has discussed waiving Blakeney and is open to trading Dunn, so it’s possible there will be a 15-man roster spot available for Harrison, but for now it looks like an uphill battle.
One factor working in Harrison’s favor is the Bulls’ head coach. According to Johnson (via Twitter), the former Tulsa standout is a Jim Boylen favorite.
Financial terms of Harrison’s new contract aren’t yet known. Although a minimum-salary deal seems likely, Chicago does have some of its room exception available.