"It was an easy decision because I really enjoyed my teammates, coaching staff, management and the fans. I felt that we exceeded everyone's expectations but our own," Mohammed tweeted. "I decided to return to the city that I was born and raised in to play my 16th season. Looking forward to going to battle with a group of guys who never made excuses and just tried to find a way to win. Can't wait to play for the Bulls again next season."
Mohammed, who averaged 2.6 points and 3.1 rebounds last season playing behind Joakim Noah, cannot sign a contract until July 10.
Mohammed struggled to find playing time early in the season but proved to be a capable insurance policy down the stretch when Noah went down because of plantar fasciitis. Mohammed's most memorable moment of the season came during Game 3 of the Eastern Conference semifinals when he shoved the Miami Heat's LeBron James to the floor and was ejected from the game.
The Bulls agreed to a two-year deal with forward Mike Dunleavy Jr. on Monday, sources told ESPN's Marc Stein.
With Mohammed back in the fold and Dunleavy in the mix for the next two seasons, the Bulls only have a couple more slots to fill on their roster. They will continue to look for another big man and possibly one more guard to fill out the roster and provide extra insurance in case one of their core players goes down.
The key for Bulls general manager Gar Forman is finding players who will play at the minimum given the Bulls' salary cap constraints.