Sam Amick

USA TODAY Sports

Fredette was waived by the Sacramento Kings

Former Sacramento Kings guard Jimmer Fredette has told the Chicago Bulls he will sign with them if he clears waivers, according to a person with knowledge of the situation.

The person spoke on the condition of anonymity because of the private nature of the negotiations.

Fredette, who was drafted 10th overall out of Brigham Young in 2010, was bought out by the Kings this week and has yet to clear waivers. That is likely to happen at 5 p.m. EST Saturday, at which point Fredette would be free to sign. Because Fredette was waived before March 1, he will be eligible to be on the Bulls' playoff roster. They are currently 32-26 and in fourth place in the Eastern Conference.

The third year guard has a career average of seven points and 1.5 assists. For the Kings this season, he was averaging 5.9 points in 11 minutes. He was shooting 48 percent from the floor and 49 percent from three point range.