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The Chicago Bulls and New Orleans Pelicans reportedly had a deal in place Tuesday centered around Bulls forward Nikola Mirotic, but talks fell through due to Mirotic’s contract structure.
Mirotic re-signed with Chicago this past offseason on a two-year, $25 million deal. Mirotic’s contract allows him to reject a trade if the second-year team option isn’t exercised.
The Pelicans, as of now, are not willing to exercise Mirotic’s second-year option of $12.5 million and that is why Tuesday’s deal fell through — according to a report from the Chicago Tribune.
The Utah Jazz, who have significant interest in Mirotic, continue their pursuit of the Spaniard and believe he can help their roster. The Jazz remain reluctant to include a first-round pick, an asset the Bulls have made clear they want in return for Mirotic, according to the Salt Lake Tribune.
Tribune sources: With the Mirotic to New Orleans deal hitting a pause, the Jazz continue their pursuit of Niko….Per sources, they are still hesitant to include a first, but they are interested and feel Mirotic can help their roster
— Eric Walden (@tribjazz) January 31, 2018
The proposed trade between the Bulls and Pelicans would have sent Mirotic to New Orleans and Omer Asik, a first-round pick and another player as salary filler to Chicago.
Multiple reports claim Mirotic wants to play for the Jazz and is intrigued by head coach Quin Snyder.