Just hours after reports surfaced linking Jonathan Kuminga to the Chicago Bulls, the free-agent forward found a new home—but not in the Windy City. The 24-year-old signed a two-way, $13.0 million deal with the Minnesota Timberwolves on Wednesday evening, according to ESPN's Shams Charania. The second season of the contract includes a player option, giving Kuminga control over his future.

The Bulls were among a handful of teams that made a serious push for the former Warriors lottery pick. The Los Angeles Lakers and Minnesota Timberwolves had long been viewed as the frontrunners, but after Bennedict Mathurin reportedly agreed to join the New Orleans Pelicans, Jake Fischer revealed that Chicago had emerged as a third team in the mix. Charania later confirmed the Bulls indeed submitted an offer. However, the Timberwolves' package proved more attractive, and Kuminga chose Minneapolis over Chicago, Los Angeles, and Portland.

For the Bulls, the pursuit reflects a front office willing to explore all avenues as they navigate a rebuild. Under the previous regime, Chicago was frequently linked to Kuminga, but those rumors had quieted over the past few months. With one open roster spot and a clear need for on-ball scoring, the Bulls saw Kuminga as a potential fit. His ability to attack in transition and pressure the rim aligns with the team's preference for long, athletic wings. And there's a personal connection: Bulls executive Bryson Graham previously acquired Kuminga from the Atlanta Hawks at the trade deadline, sending Kristaps Porzingis to the Hawks. Graham, who served as Atlanta's GM alongside Onsi Saleh, clearly values Kuminga's on-court contributions.

Yet the fit was never perfect. Kuminga remains an unproven floor spacer and thrives with the ball in his hands—a profile that could clash with the development of young forwards Matas Buzelis and Caleb Wilson. The Bulls are building around these two, and adding a player who needs touches to be effective might have stunted their growth. Graham's hesitation to match the Timberwolves' offer suggests he recognized this tension.

Charania noted that the Lakers offered similar money—$13 million over three seasons—but Kuminga still chose Minnesota. That implies the Bulls never reached that asking price, underscoring the discipline Graham has shown since taking over. Earlier in free agency, Chicago signed Norman Powell and Zach Collins to deals with team options, preserving flexibility for future moves. The same approach was likely applied to Kuminga and Mathurin, both of whom secured contracts with more control.

Now, with the roster still one player short, Graham may shift his focus. The Pelicans have been trying to move Jordan Hawkins, and the Bulls have the room exception to absorb his salary. With Mathurin now in New Orleans, the Pelicans might be even more willing to incentivize a trade. Graham, who has proven he can be patient, is ready to pick up the phone.

This episode tells us something important about the new Bulls front office: they are willing to enter the fray but not to overpay. They will chase young talent, but only on their terms. For a franchise in the early stages of a rebuild, that restraint might be the most valuable asset they have.