Chicago - The Chicago Bulls and free agent power forward Carlos Boozer have reportedly agreed to a five-year contract.
The Chicago Tribune is citing two league sources on the pact, which ESPN reports is for $80 million.
Boozer would be the latest big name plucked from the frenzied free agent market and follows Dwyane Wade and Chris Bosh's announcement earlier Wednesday that they intend to sign and join forces with the Miami Heat.
Things only figure to intensify when the moratorium on official signings is lifted on Thursday, and LeBron James is set to announce a decision on his future tomorrow at 9 p.m. (et). The Bulls figured to be in the running for James' services, although, it remains unclear how they could manage lucrative contracts for both he and Boozer.
Boozer spent the last six seasons with Utah and picked up a player option that earned him $12.65 million in 2009-10 when he posted averages of 19.5 points, 11.2 rebounds and 3.2 assists while shooting 56.2 percent from the floor in 78 games.
The eight-year pro previously played two seasons for Cleveland, which made him a second-round pick out of Duke in 2002. In 510 career contests, 469 of those starts, Boozer has recorded per-game averages of 17.2 points, 10.2 boards and 2.5 assists while connecting on 54.1 percent of his shots.