Center Omer Asik signed a three-year, $25.1 million offer sheet from the Houston Rockets on Friday, according to the Chicago Tribune.
The offer sheet includes a $14,898,000 salary in the third year.
Asik averaged 3.1 points, 5.3 rebounds and 1.0 block per game for the Chicago Bulls last season.
The Bulls have yet to receive the offer sheet, according to the report. They have until 10:59 p.m. CT on the third day from when they receive the offer sheet to match or decline it.