Following the blockbuster trade that shipped Jimmy Butler to the Minnesota Timberwolves on draft night, the Chicago Bulls have since waived Rajon Rondo and signed Justin Holiday. Now they have their eyes set on their restricted free agent, Nikola Mirotic, who they've been having a lot of talks with about a new contact in recent weeks.

With the moratorium fast approaching, both parties are reportedly hopeful that they can strike a deal soon and extend their partnership that has already lasted three years. The team’s president, John Paxson, spoke about the optimism in coming to terms with Mirotic soon. He also added, via K.C. Johnson of the Chicago Tribune, that he also wants him to play more consistently, as he is important in giving more space to their guards to set up the offense or attack the basket.

“We hope we'll be able to work something out. But we also hope that he'll be here all summer long. And we hope that statistically, what he's done after the All-Star break these first three years, we're hoping he can do it more consistently. Because let's face it, in this game, you need floor spacers and shooters. And when he's playing that role, he does help our basketball team.”

Last season, Mirotic also spoke to Johnson, where he revealed that he wants to remain in Chicago, and continue to play alongside his teammates.

“I love the Bulls. I love my teammates. I love the city. It's the perfect place for me. My family is very happy and comfortable here. The first idea is to re-sign.”

It’s still unclear why the Bulls and the 26-year-old’s talks have not progressed as they have wanted, but it is believed that they have not agreed on the size of the contract yet. However, with the moratorium happening in a couple of days, it could help both parties reach a new deal immediately, which will also dictate Mirotic’s future.