DeMar DeRozan traded to Sacramento Kings

The Bulls have parted ways with star DeMar DeRozan. The big picture: DeRozan is part of a three-way trade with the Sacramento Kings and the San Antonio Spurs. The sign-and-trade-deal gives DeRozan a three-year contract worth $74 million with the Kings, according to ESPN.

The Sacramento Kings are acquiring free agent veteran DeMar DeRozan via a three-year, $74 million sign-and-trade that includes moving Harrison Barnes to the San Antonio Spurs and Chris Duarte to the Chicago Bulls, the teams officially announced Monday. Kings receive: DeMar DeRozan.

But as a team, the Bulls couldn't break through into the Eastern Conference's elite with DeRozan. They were knocked out in the first round of the playoffs in 2021-22 and failed to advance out of the play-in round each of the last two seasons.

In a three-team sign-and-trade, the Kings landed six-time All-Star DeMar DeRozan from the Chicago Bulls. They sent Harrison Barnes and an unprotected 2031 first-round pick swap to the Spurs. The Bulls receive Chris Duarte and two second-round picks for cooperating in the deal.