Rajon Rondo has agreed to a two-year contract, worth around $28 million with the Chicago Bulls, reports The Undefeated.
"I'm excited. Great organization with pieces around me that I'm excited about," Rondo told The Undefeated.
According to the report, the second year of Rondo's deal is partially guaranteed.
The deal follows Derrick Rose's departure from Chicago in June, with Rondo becoming the new point guard replacement.
After being traded from the Boston Celtics in 2014, Chicago will be his fourth team in less than two years. The Celtics traded him to Dallas in December 2014, and Rondo spent last season in Sacramento.
Rondo averaged 11.9 points and an NBA-best 11.7 assists per game with the Kings. It was the fourth season in which he averaged a double-double and the first time he did so since 2012-13 -- the last of his four All-Star seasons with the Celtics.
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