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Chicago Bulls finalizing deal for Quincy Pondexter

The Chicago Bulls are finalizing a deal to receive a second-round draft pick along with forward Quincy Pondexter from the New Orleans Pelicans, according to Shams Charania of The Vertical.

What It Means:

With the Bulls tanking and the Pelicans looking to free up their roster and some cap room, the deal is a win-win for both sides. Pondexter last saw NBA action in April of 2015 as he has missed the last two seasons with knee injuries. He is scheduled to make 3.8 million in 2017-18, the last year of a 4-year contract he signed with the Pels in 2014.

Pondexter has career averages of 5.3 points, 2.0 rebounds, and 0.8 assists in 18.1 minutes per game during his five-year NBA career.