Brent Barry is no Michael Jordan, but he'll have to do for now.
Barry, a free-agent guard, joined the Chicago Bulls Monday, signing a six-year, $27 million contract.
The former NBA slam dunk champion and son of Hall of Famer Rick Barry, averaged 9.6 points per game in three seasons with the Los Angeles Clippers and Miami Heat.
"If he does play well in Chicago, then they think they've got the next Michael Jordan," Miami coach Pat Riley said.
The Bulls also renounced the rights to forward Scott Burrell.
Meanwhile, Michael Olowokandi, the No. 1 pick in the NBA draft from Pacific University, was released from his contract with Kinder Bologna of the Italian League and will join the Los Angeles Clippers.
The 7-foot-1 center had signed with Kinder about 24 hours before the NBA and its players agreed recently to end the owners' lockout. Olowokandi's deal with Kinder bound him to the club until Feb. 15, but the team reportedly decided to release him and save money because he had averaged only 7.7 points and 5.6 rebounds in six games in Italy.
Guard Steve Nash, acquired in a draft-day trade from Phoenix, signed a six-year contract extension with the Dallas Mavericks that reportedly is worth $18 million
Bobby Hurley, a five-year NBA veteran, who suffered life-threatening injuries in a two-car accident in his rookie season with the Sacramento Kings, was waived by the Vancouver Grizzlies. The Grizzlies had acquired Hurley, a former Duke star, in a four-player deal with Sacramento last Feb. 18.
The Phoenix Suns re-signed free agents Rex Chapman and Clifford Robinson. First-round draft pick Pat Garrity remains unsigned.
The Portland Trail Blazers signed rookie guard Bonzi Wells to a three-year contract. Financial terms were not disclosed. Wells, drafted out of Ball State, was acquired from the Detroit Pistons last week for a conditional first-round pick.
Three other guards -- James Blackwell, Ernest Hall and Damian Owens -- were cut by Blazers.
Three players were cut by the Atlanta Hawks -- former Georgia Tech star Brian Oliver; Mitch Henderson, a rookie from Princeton, and Jason Lawson, a reserve last season with Orlando.