The Bulls have signed 26-year old shooting guard J.J. Redick to a 3-year, $19 million dollar offer sheet. The Magic will have 7 days to either match Redick’s deal or let him leave for the Windy City. Redick played in 82 games (9 starts) for the Magic last season and he averaged 22.0 minutes, 9.6 points, 1.9 rebounds and 1.9 assists per game. He hit 40.5% of his three point shots last season for the Magic. Redick has now played in 222 games (14 starts) in his four years in the NBA and he is averaging 17.2 minutes, 7.0 points, 1.5 rebounds and 1.3 assists per game. The Magic have said that they would match any offer for Redick but this offer will likely make them think twice about that.

UPDATE: (7/16/2010) – It’s back to the drawing board for the Bulls as the Magic have matched the offer they made.