4:24 pm: McClung has officially been signed and waived by the Bulls, according to the transaction log at NBA.com.
1:59 pm: The Bulls have agreed to a deal with free agent guard Mac McClung, reports Michael Scotto of HoopsHype (Twitter link).
McClung, 26, has become a household name among NBA fans by winning the league’s past three slam dunk contests. However, he has still seen limited game action at the NBA level, appearing in just six total regular season contests for four teams from 2021-25. He was on a two-way contract with the Magic for all of last season, but logged just 10 total minutes in two outings for Orlando.
McClung has starred in the G League in recent years, earning a spot on the All-NBAGL first team in 2024/25 after being named MVP in ’23/24. In a total of 44 appearances for the Osceola Magic last season, he averaged 23.0 points, 5.4 assists and 3.9 rebounds in 32.4 minutes per game, with a shooting line of .481/.344/.828.
With 15 players on guaranteed contracts and three on two-way deals, the Bulls may not have a spot available on their regular season roster for McClung. If the plan is to have him play for their G League affiliate, then the Windy City Bulls would need to acquire his returning rights from Osceola.
Assuming McClung signs an Exhibit 10 contract, he’d be eligible for a bonus worth up to $85,300 if he spends at least 60 days with Windy City.