The Bulls are the front-runners for Mike Dunleavy, and they're negotiating a two-year, $6MM deal, tweets Adrian Wojnarowski of Yahoo! Sports. Other teams remain in play, but there's confidence an agreement can be reached, according to K.C. Johnson of the Chicago Tribune (Twitter link).

Wojnarowski pointed earlier to the Rockets as another option for Dunleavy, if Houston falls short of signing Dwight Howard (Twitter link). The Mavs, Lakers and Wolves are also in the mix, tweets Marc Stein of ESPN.com. The Knicks reportedly like him, too. Still, Dunleavy is intrigued by the chance to play alongside Derrick Rose, Johnson notes (on Twitter).

The 32-year-old Arn Tellem client spent the past two seasons with the Bucks, where he made a career-high 42.8% of his three-point attempts this past season. When I examined his free agent stock, I figured he could fit in as a role player on a contending club, and that appears to be just what he would sign to do in Chicago. The Bulls would be using their mini mid-level to bring him aboard.