Veteran NBA forward Luol Deng signed with the Chicago Bulls on Thursday in order to retire as a member of the team.

A two-time All-Star from South Sudan, where he has worked to develop young basketball players, Deng was taken seventh overall by the Bulls in the 2004 NBA Draft.

"He was a role model on and off the court during his nine-plus years in Chicago, and he gave everything he had to help us win," Bulls president and COO Michael Reinsdorf said in a statement.

"I want to thank Luol for not only what he accomplished on the court for the team, but also for the leadership he demonstrated through his philanthropic efforts."

In 902 NBA games over 15 seasons with the Bulls, Cleveland Cavaliers, Miami Heat, Los Angeles Lakers and last season with the Minnesota Timberwolves he averaged 14.8 points, 6.1 rebounds and 2.3 assists in 34.3 minutes per game.

The 34-year-old averaged 15.9 points and 6.7 rebounds in 62 playoff games in seven postseasons, six with Chicago and one with Miami.

John Paxson, Bulls executive VP of basketball operations, said Deng would be remembered for "the fierce competitiveness he brought to both ends of the floor every night."

Deng ranks in the top five on the Bulls all-time list for minutes (fifth, 22,882), points (fourth, 10,286), field goals made (fifth, 3,987) and attempted (fifth, 8,675) and steals (fifth, 639).

He led the Bulls in scoring in 2011-12 (15.3 ppg) and 2012-13 (16.5 ppg).

The Bulls will honour Deng at a game to be determined later this season.

Los Angeles Lakers recruit Anthony Davis said he would "definitely consider" playing for hometown team the Chicago Bulls.

Davis is preparing for his first NBA season with the Lakers after arriving from the New Orleans Pelicans in a blockbuster trade.

The All-Star will be a free agent at the end of 2019-20 and he is yet to publicly commit his long-term future to the Lakers.

While Davis could re-sign in Los Angeles, the 26-year-old Chicago-born center would be open to joining the Bulls.

"I mean, [this is] definitely [my] hometown," Davis told the Chicago Tribune. "If the opportunity ever presents itself and when that time comes, I'd definitely consider it."

"A lot of these kids are from the same neighbourhoods that I'm from. And so to have someone come back that they can relate to, I think that's a huge impact on them," Davis said.

"It's fun to come back to where you're from and help the youth. These kids are amazing. They're fun to hang around and they listen. They want to learn. There's some good talent. ... I'm excited to give my knowledge and experience and spend this time with them."

Davis remains focused on the 2019-20 season as he joins forces with Lakers superstar LeBron James.

In addition to Davis, the Lakers also landed Danny Green, Kentavious Caldwell-Pope, JaVale McGee, DeMarcus Cousins, Rajon Rondo, Alex Caruso and Avery Bradley.

"We stand great," Davis said of his current team. "I feel very confident in our team and our roster. I'm excited about it. The league is going to be fun this year."

The Chicago Bulls have acquired Tomas Satoransky from the Washington Wizards in a sign-and-trade agreement.

Chicago sent a 2020 second-round pick – which will be the higher of either the Bulls' or the Memphis Grizzlies' selections – to Washington and also agreed to the rights to swap 2022 second-round picks and remove the protection on a 2023 second-round pick owed to the Wizards after a previous trade.

Point guard Satoransky signed a three-year, $30million deal with the Bulls, according to ESPN.

"We wish Tomas and his family the very best as he starts a new chapter in his career and we're pleased to acquire draft picks that will allow us to continue to build for the future," said Wizards senior vice-president of basketball operations Tommy Sheppard.

"He worked very hard with our coaching and development staff over his entire time with the Wizards and it showed with the improvement in his overall game."

Satoransky was selected with the 32nd overall pick in the 2012 NBA Draft and average 6.6 points, 3.7 assists and 2.8 rebounds in 210 games with the Wizards.

The Bulls announced the arrival of Thaddeus Young on Saturday, the free agent reportedly agreeing a three-year, $41m deal.

The Chicago Bulls have fired head coach Fred Hoiberg, the team announced on Monday, with Jim Boylen taking his place.

Hoiberg spent over three seasons in Chicago, with a 115-155 overall mark, but last season's 27-55 record was the Bulls' worst since 2003-04.

The team had made the playoffs in seven straight seasons before Hoiberg's arrival but missed the postseason in two of his first three years. This term's 5-19 start sealed his fate.

Boylen had been serving as Chicago's associate coach but will now be promoted to head coach.

Executive vice president John Paxson said in a statement: "Decisions like this one are never easy to make. However, I felt this was the right choice for our organisation at this time.

"After a thorough evaluation, I elected to make this move with the overall development of our team in mind. As a team, I believe it is imperative that we make unfaltering strides in the right direction and build the right habits to help put our players in the best position to evolve not only now but into the future.

"I want to thank Fred for his dedication and efforts, as well as for his enduring commitment to our team."

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