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Sources: Euro star Nikola Mirotic signing $17M deal with Bulls

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Real Madrid's Montenegrin forward Nikola Mirotic (C) vies with Olimpija Ljubljana's Finnish forward Sasu Salin (L) during the Euroleague Group A basketball match Real Madrid vs Union Olimpija Ljubljana at the Sports Palace in Madrid on December 13, 2012. AFP PHOTO / PEDRO ARMESTREPEDRO ARMESTRE/AFP/Getty Images

Nikola Mirotic – considered the best player in European basketball – has reached agreement on a three-year, $17 million contract with the Chicago Bulls, league sources told Yahoo Sports.

Mirotic, a 6-foot-10 forward, was the Spanish League MVP in the 2013 season and brings a well-regarded offensive game to Chicago. He shot 46 percent from 3-point range for Real Madrid in the 2013-14 season, establishing himself as one of the finest jump-shooting power forwards in the world.

After completing his contract buyout with Real Madrid, Mirotic will be paid out of the Bulls' midlevel exception.

A native of Montenegro, Mirotic was the 23rd pick in the 2011 NBA draft.

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