Per ESPN.com…

Carlos Boozer is the latest domino to fall, agreeing to a five-year, $80 million contract with the Chicago Bulls, a source close to the negotiations told ESPN The Magazine’s Ric Bucher on Wednesday.

Looks like the Bulls read my post-Wade/Bosh offseason blueprint. This is a big contract that averages $16 million per season, but as John Hollinger notes, there’s enough room to sign LeBron outright on the off chance that he utters “the Bulls” tomorrow night.

$80 mil deal has cap figure of $13.8M, which should leave juuuuust enough for LBJ if no cap surprise tonite. S&T drops 1st year to $13.2M.

Bulls fans can’t say the team didn’t react quickly to the Wade/Bosh news. Signing Boozer would seemingly put the Bulls back in the picture for LeBron, but even if it doesn’t, it was the next logical move for a franchise with cap space and a need for low post scoring. He will be a nice fit alongside a defensive, offensively-challenged center like Joakim Noah. He will also fare well in the pick-and-roll with Derrick Rose after running so many with Deron Williams over the years.