Redick to sign offer sheet with Bulls
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.
Once the sheet is signed, the Magic will have seven days to match and keep Redick.
The Magic are believed to be motivated to match an offer on Redick, who averaged 9.6 points.