J.J. Redick Signs Offer Sheet With Chicago Bulls

Apr. 02, 2010 - San Antonio, TEXAS, UNITED STATES - epa02102389 J.J. Redick (L) of the Orlando Magic has his shot blocked by Antonio McDyess (R) of the San Antonio Spurs during the second half of their game at the AT&T Center in San Antonio, Texas, USA, on 02 April, 2010. The Spurs won the game 112-100.


Per Adrian Wojnarowski of Yahoo! Sports, the Chicago Bulls will sign guard J.J. Redick to an offer sheet worth $19 million over three years.

Redick could sign the agreement as soon as the weekend.

A source familiar with the offer sheet said a significant portion of the offer is a signing bonus, which makes it more difficult for Orlando to match.

The Bulls signed free-agent guard Kyle Korver(notes) to a three-year, $15 million contract on Friday.

Once the sheet is signed, the Magic will have seven days to match and keep Redick.

Several other outlets have also reported the signing.

Magic Coach Stan Van Gundy has consistently said the Magic will match any offer Redick receives and although Redick is getting a large increase in pay, I don’t think this will be much of a choice for the Magic – I’ll surprised if they don’t match.

(Andrew Melnick is Howard the Dunk’s lead blogger and a contributor on the Fansided Front Page. Subscribe to his RSS feed, add him on Twitter to follow him daily and you can get the HTD app here).

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Tags: Chicago Bulls J.j. Redick Orlando Magic

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