According to Sam Aggrey of CSN Chicago, the Chicago Bulls have signed SG Marco Belinelli and are targeting F Malcolm Thomas to a minor deal:

Source confirms Marco Bellinelli's deal with the Bulls is done. Also: Bulls attempting to sign summer-leaguer Malcolm Thomas to 1-year deal.

— Aggrey Sam (@CSNBullsInsider) July 23, 2012

Belinelli played his previous two seasons with the New Orleans Hornets and averaged 11.8 points and 2.6 rebounds per game in the 2011-12 NBA season. The 26-year-old veteran hails from Bologna, Italy, and will likely fill in the three-point shooting bench role vacated following the SG Kyle Korver trade.

The 23-year-old Thomas, meanwhile, appeared in three games for the San Antonio Spurs in the 2011-12 season, and also played in 25 NBA Development League games across three different teams. He averaged 15.0 points and 10.2 rebounds per 36 minutes in the D-League.

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