Parker was selected by the Milwaukee Bucks with the second-overall pick in the 2014 NBA Draft. Milwaukee can match any contract he signs.
According to Vincent Goodwill of NBC Sports Chicago, one team which has some level of interest in Parker are the Bulls. But, he has struggled with injuries throughout his career.
Parker, a Chicago native, has torn his ACL in his left knee twice during his career.
Should he hook up with Chicago, Parker will be forming a young core of players together with the likes of Kris Dunn, Lauri Markkanen, Wendell Carter Jr., and Zach LaVine.
Parker is now a restricted free agent and the Bucks have extended him the one-year qualifying offer of $4.3 million. He entered the league with a questionable outside shot, but he has also steadily improved his 3-point shooting over the past two 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.