The Bucks extended a qualifying offer to Parker, making him a restricted free agent and giving themselves an opportunity to match any offer sheet he signs with a rival club.
There was a within the organization to retain Parker, but as Jordan Schulz of Yahoo!
Unfortunately, Parker's young career has been mostly filled with knee injuries, as two torn ACLs have limited Parker to just 183 games in four seasons. He had his best season in 2016-17 - averaging 20 points, six rebounds and almost three assists in 50 games before suffering another knee injury.
Ultimately, the writing was on the wall for the Bucks that they were more than professional by helping clear the way for him to join where he felt was best for this next chapter of his career.
If the Bucks had rescinded their qualifying offer, Parker would've been an unrestricted free agent, free to sign with any team.
Jabari Parker is headed back to Chicago.
Parker tipped off fans to the game Thursday, July 12 by sharing a picture on his Instagram with the caption: "2372 S Logan Ave Milwaukee, WI 53207 United States".
The four-year NBA veteran is a Chicago native who was the high school National Player of the Year while starring at Simeon Career Academy.
Parker, who was inactive for the first 50 games last season, showed flashes of his superstar capabilities when he returned to the court. "We appreciate everything Jabari has brought to our team and our community over the last four years and we wish him well". This means that Parker is officially a member of the Bulls.
Of course, knee injuries derailed his run in Chicago.