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Guerschon Yabusele Waives Option to Join Bulls as Knicks Turn Dalen Terry Into Jose Alvarado

The contract change makes him a free agent this offseason.

Overview

  • Chicago announced it acquired Guerschon Yabusele from New York for guard Dalen Terry, per the Bulls’ press release.
  • Yabusele removed his roughly $5.77 million player option for 2026-27 to facilitate the trade, converting his two-year deal into an expiring contract.
  • New York subsequently sent Terry and draft compensation to the Pelicans to acquire guard Jose Alvarado.
  • Less than 24 hours after the deal, Yabusele posted 15 points and 11 rebounds in his Chicago debut.
  • After averaging 2.7 points and 2.1 rebounds in 41 games with the Knicks, he will be an unrestricted free agent with reported EuroLeague interest.