Bulls sign Jimmer Fredette for remainder of regular season

Bulls sign Jimmer Fredette for remainder of regular season
March 1, 2014, 6:45 pm
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To no one’s surprise, the Bulls signed Jimmer Fredette for the remainder of the regular season after the guard cleared waivers Saturday afternoon, as reported by multiple outlets and confirmed by a league source to CSNChicago.com.

Fredette was bought out by Sacramento on Thursday and although the Bulls haven’t officially announced the signing yet, the two parties have been linked throughout the past week, with the sharpshooter’s agent—Jeff Austin, who also represents Bulls veteran floor general Kirk Hinrich—making an appearance at the United Center for Wednesday’s home win over Golden State.

[MORE: Will Jimmer Fredette get playing time with Bulls?]

Since Jarvis Varnado’s 10-day contract expired Thursday—the shot-blocking big man was subsequently signed by Philadelphia—Fredette now becomes the 13th player on the Bulls’ roster.

While he does fill a need as an outside shooter, Fredette won’t necessarily automatically be granted a spot in Bulls head coach Tom Thibodeau’s rotation.

However, despite the fact that Fredette only signed a contract for the rest of the season that should keep the organization under the league’s luxury-tax threshold, the former BYU star will be evaluated as potentially a part of the franchise’s future plans as a reserve specialist.