Patrick Beverley confirmed on Monday that he will be signing for the rest of the season with the Chicago Bulls.

Beverley, 34, began the season with the Los Angeles Lakers, starting all 45 of his appearances before being traded to the Orlando Magic at the deadline in exchange for Mo Bamba.

With the Magic in the midst of a youth revolution and in the advanced stages of their rebuild, they decided to negotiate a buyout with Beverley to allow him to head elsewhere.

A defensive specialist, Beverley is a three-time NBA All-Defense selection (one First Team, two Second Teams), while also boasting a solid career three-point percentage of 37.6.

Unfortunately, his shooting has dipped over the past couple of seasons, setting a career-worst mark of 34.3 per cent in 2021-22, and he is only slightly better this campaign at 34.8.

Meanwhile, his combined steals and blocks figure of 1.5 is his lowest since the 2018-19 season, and tied for the second-lowest of his career.

He has not been at his best this season on a tumultuous Lakers team, but he theoretically fills a couple of needs for the Bulls, and is excited to return to his hometown.

Chicago are averaging the fewest made three-pointers per game (10.3) and the fewest attempts (28.8) – areas Beverley will provide a boost in compared to current starting point guard Ayo Dosunmu.

Dosunmu is averaging 0.8 made threes per game at a mediocre 32.4 per cent clip, and while Beverley's percentages are down, he is still making 1.2 per game.

The move also helps the Bulls lean into their strong suit this season, as they sit 24th in offensive rating, but are seventh in defense.

Beverley will join Alex Caruso to make a menacing defensive back-court, with Caruso emerging as an advanced stats darling on that end of the floor.

Caruso is seventh in the league in steal percentage (1.7 per cent), while sitting third in defensive box plus/minus, and a clear number one overall in defensive RAPTOR.