The Chicago Bulls and guard Lonzo Ball agreed to a two-year, $20 million contract extension, sources told ESPN's Shams Charania, after several trade suitors emerged for Ball in recent days.  The second year of the deal is a team option,

Lonzo Ball isn’t going anywhere. The Chicago Bulls are finalizing a two-year, $20 million extension with the point guard, a league source confirmed late Wednesday. ESPN was first to report the deal. The decision to stay in Chicago comes amid a comeback season for Ball,

Several trade suitors emerged for Lonzo Ball in recent days, but he and the Bulls have now reached a deal that keeps him in Chicago through 2026-27. After a two years away from the game, Ball has made a successful, productive return this season. https://t.co/XLtAGV2OVV Ball will remain with the Bulls on a new two-year, $20 million trade.