BREAKING NEWS:DeMar DeRozan was reportedly offered a $40 million two-year contract by Bul.

According to reports, Bul offered DeMar DeRozan a two-year contract worth $40 million annually.
This season, DeRozan scored 24 points per game on average.
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Considering the Chicago Bulls DeRozan to play in the near future.
After DeRozan’s season-ending loss to the Miami Heat in the NBA play-in tournament, he was reported to be an unrestricted free agent. It is likely that he will undergo changes in the offseason.

DeMar, the team’s top scorer, made $28.6 million in the last year of his three-year contract with the Bulls, but it appears the team wants him. Chicago’s desire to bring back the 15-year veteran is evident by their offer of an annual contract that would place him among the top 25 highest-paid players in the NBA.According to K.C. Johnson of NBC Sports Chicago, Edly just made him an offer on a two-year contract that may bring him up to $40 million annually.

That amount, if accurate, would represent a substantial increase for DeRozan.

DeRozan, who will be 35 years old in the upcoming campaign, just finished one of his greatest seasons ever, scoring 24 points per game.

According to reports, he is aiming to sign a three-year contract in free agency, which is the longest he can under the NBA’s over-38 rule. However, DeRozan can decide to forgo his wish for a longer contract if the Bulls give a greater average annual pay.

Depending on how DeRozan feels about Chicago’s prospects of winning, he may decide to go back there or not. He was open about his limited NBA future following Friday’s loss to the Heat.

DeRozan told reporters, “At the end of the day, I hate losing.”

“I detest passing up chances.

It will be my sixteenth season when I play a game next. You understand that for you specifically, the window shuts.”

He went on, “My position on wanting to be here is still the same; I simply want to win. Above everything, just give yourself the chance to succeed.”

Arturas Karnisovas, the vice president of basketball operations for the Bulls, told reporters on Saturday that following a poor season, adjustments are coming.

He wants to retain Billy Donovan as head coach and re-sign DeRozan.

But the franchise would probably have to trade Zach LaVine, who has three years and $138 million left on his contract, in order to bring back DeRozan at that salary and avoid paying a luxury tax for exceeding the salary ceiling.

Karnisovas believes that a luxury tax should not be paid in order to place ninth in the Eastern Conference.

“My perspective on the luxury tax is that you enter it if you can demonstrate that your team will finish in the top four,” Karnisovas stated.

“Being in play-in just doesn’t make sense if you’re going to be subject to the luxury tax.”

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