As expected, the Chicago Bulls have declined to match the Houston Rockets' three-year, $25 million offer sheet for restricted free agent Omer Asik, according to Nick Friedell of ESPN Chicago. The Rockets structured the contract in a similar manner to how they did for Jeremy Lin, and the Bulls, who are more concerned about maintaining long-term cap flexibility, decided the price was too rich.
Asik averaged just 3.1 points and 5.3 rebounds in under 15 minutes per game for the Bulls last season, but he is regarded as one of the league's top defensive players. The Rockets are hoping Asik will break out when given a chance to play more minutes, much like former Magic backup Marcin Gortat did once he was handed the starting job with the Phoenix Suns.
The Bulls, meanwhile, recently opted to sign veteran center Nazr Mohammad to a cheaper deal to replace Asik.