The Chicago Bulls are closing in on signing former Sacramento Kings guard Jimmer Fredette, according to sources close to the process.
Sources told ESPN.com on Thursday that -- while stressing a deal was not yet complete -- serious mutual interest between the sides has made Fredette's landing with Chicago look increasingly likely.
After completing a contract buyout Thursday with the Kings, Fredette can't officially sign a contract with the Bulls or any other team before clearing waivers Saturday at 5 p.m. ET.