The 23-year-old forward wants to sign with the Bulls, according to a report from NBC Sports Chicago.
League sources seem to indicate that an "offer sheet" deal could be signed as soon as Sunday, at which point the Milwaukee Bucks would have 48 hours to match the figures and term presented before them.
The good news for Parker is that the restricted free agent market for a ton of players has been awfully slow, so his patience might be rewarded.
Their roster could use help at small forward too, considering the lineup most often used by Chicago featured Denzel Valentine at small forward. The team has discussed allowing Parker to become an unrestricted free agent by pulling his qualifying offer, but that has yet to happen, league sources said. He had his best season in 2016-17 - averaging 20 points, six rebounds and almost three assists in 50 games before suffering another knee injury.
Parker has averaged 17.9 points, 6.4 rebounds and 1.1 steals per 36 minutes during his career.