Daequan Cook to sign with Bulls

Free-agent shooting specialist Daequan Cook will sign with the Chicago Bulls after clearing waivers Friday, according to his agent.

Agent Mike Conley Sr. of BDA Sports told ESPN.com that Cook has agreed to join the Bulls after going unclaimed through the NBA’s waiver process this week.

Despite a number of teams out there that could use an extra shooter — such as Minnesota and the Los Angeles Lakers, just to name two — Cook went unclaimed after being waived by Houston because any interested team would have had to have sufficient salary-cap space or a big enough cap exception to absorb Cook’s $3.1 million salary.

– Reported by Marc Stein of ESPN.com