Updated

CHICAGO (AP) — Carlos Boozer is now officially with the Chicago Bulls.

The Bulls announced Thursday they have signed the forward away from the Utah Jazz, giving them a two-time All-Star and the dominant big man they've craved for years.

Boozer agreed Wednesday to the deal, which several outlets reported is worth roughly $75 million over five years. He says in a statement that the Bulls "have the talent here to begin competing for a title and I cannot wait to get started."

It would help if LeBron James — the jewel of this star-studded class — left Cleveland for Chicago. He's scheduled to announce his decision Thursday night.

Either way, the Bulls figure to be better after back-to-back first-round playoff exits. They have an All-Star point guard in Derrick Rose and one of the leading rebounders in Joakim Noah.