The Milwaukee Bucks have rescinded their qualifying offer to Jabari Parker to allow him to become an unrestricted free agent.
Parker is on the verge of agreeing to a two-year, $40 million contract with the Chicago Bulls.
Parker’s qualifying offer was worth $4.3 million.
Full article @ Jabari Parker On Verge Of Two-Year, M Deal With Bulls
Source: RealGM Basketball Wiretap