The Bulls are acquiring Satoransky in a sign-and-trade deal with the Washington Wizards, and he'll have a chance to compete for the starting point guard role, sources said.
The Wizards will receive some valuable draft considerations, sources said, including the elimination of protections on a 2023 second-round pick that Chicago owed Washington; the Wizards get the better of Memphis' and Chicago's 2020 second-round pick and the right to swap the Lakers' 2022 second-round pick that Washington obtained in a deal for the better of Chicago and Detroit's 2022 second-round pick.
The Bulls have now added two veterans in free agency -- Satoransky and forward Thaddeus Young -- to complement a talented young core.
Satoransky, 27, gives coach Jim Boylen a 6-foot-7 playmaker who had his best NBA season a year ago with the Wizards, starting 54 games after injuries curtailed John Wall's season. Satoransky was a restricted free agent.
Satoransky, a Czech native, averaged 11 points, 6.5 assists, and 4.2 rebounds after the All-Star break for the Wizards. He's entering his fourth NBA season.