Hoops Nation

The Chicago Bulls are finalizing details on a one-year deal forMarco Belinelli while also putting finishing touches on a deal that would bring Chicago native Nazr Mohammed to the Bulls, a source familiar with the situation told ESPNChicago.com’s Nick Friedell.

The team is also expected to decline to match the Houston Rockets’ three-year, $25.1 million offer to Omer Asik, according to a source familiar with the situation. The deadline for that decision is Tuesday.

The 6-foot-5 Belinelli, who is a former first-round pick (18th overall) by Golden State, averaged 11.8 points last season with the New Orleans Hornets. He is expected to sign for the bi-annual exception, which is just under $2 million.

(Via ABCLocal)