The Chicago Bulls will tender a qualifying offer to guard Ryan Arcidiacano, making him a restricted free agent. They have also elected against extending a qualifying offer to Wayne Selden, renouncing their rights to the rising third-year wing and allowing him to become an unrestricted free agent.

Undrafted in 2016 out of Villano, Arcidiacono has carved out a niche with the Bulls over his first two seasons in the league that's poised to make him a fixture of their long-term plans. After playing just 24 games as a rookie, mostly during the second half of the season, he established himself as a legitimate NBA player in 2018-19, appearing in all but one of Chicago's regular season games and starting 34 of them at point guard. An effective defender despite his limited length and quickness, Arcidiacono averaged 6.7 points, 2.7 rebounds, and 3.3 assists per game last season, shooting 44.7 percent overall and a much-improved 37.3 percent from beyond the arc.

Expect the Bulls to match any reasonable offer he receives as a restricted free agent, making him the full-time answer at backup point guard behind No. 7 overall pick Coby White.

Selden was acquired by the Bulls last season in a trade with the Memphis Grizzlies for Justin Holiday. Also undrafted in 2016, the University of Kansas product played well for the Grizzlies in 2017-18, but struggled to get comfortable following his midseason move to Chicago. A 6-foot-5 wing with long arms and a strong body, Selden lacks the foot speed of top-tier defenders and has yet to prove himself a reliable long-range shooter.

He'll surely get another chance to stick in the league in free agency, but likely on a short-term deal worth the minimum.