The Chicago Bulls have announced the signing of 2023 NBA Draft selection and former Tennessee forward Julian Phillips.
According to ESPN’s Bobby Marks, the contract is a four-year, $8.1 million contract. The fourth year of the contract is a team option.
Phillips’ $5.7 million in guaranteed money is also reported to be the second-highest amount among all second-round draft picks this past year.
Julian Phillips becomes the 12th second rd. selection (out of 13) to sign a 4 year contract.
Here are the details for the Chicago Bulls forward:
23/24: $1.6M
24/25: $1.9M
25/26: $2.2M
26/27: $2.4M (Team Option)The $5.7M in guaranteed money ranks #2 among all 2nd rd. picks.
— Bobby Marks (@BobbyMarks42) July 12, 2023
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The Chicago Bulls did not possess any draft picks heading into the big event in Brooklyn this year but made a trade to acquire Phillips with the No. 35 overall pick in the second round.
Phillips played one year for Tennessee under Rick Barnes before moving on to the NBA. The Link Academy (Mo.) product averaged 8.3 points, 4.7 rebounds, and 1.4 assists per game last season while starting 25 of the 32 games he played in.
The 6-foot-8 forward was selected to the SEC All-Freshman team after his lone year in Knoxville.
Phillips sat out of the Bulls’ first Summer League game without the contract signature but has been suited up for the next two games. Phillips only scored two points in his first outing but shook off the nerves in the second. The former Vols scored 16 points on 6-of-8 shooting with four rebounds in his latest game of action for the Bulls in Las Vegas.
OFFICIAL: We have signed rookie forward Julian Phillips. pic.twitter.com/FVm5vQ2gdQ
— Chicago Bulls (@chicagobulls) July 12, 2023
