Sources: Rockets, Omer Asik agree
Asik can't formally sign the deal until July 11, which is the first day new players can sign NBA contracts for the 2012-13 season.
The Bulls will then have three days to decide whether to match the offer or let Asik go.
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Nick Friedell is the Chicago Bulls beat reporter for ESPN Chicago. Friedell is a graduate of the S.I. Newhouse School of Public Communications at Syracuse University and joined ESPNChicago.com for its launch in April 2009.
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