The Chicago Bulls officially announced Friday that they signed power forward/center Pau Gasol and forward Nikola Mirotic.

Terms of the Gasol's contract were not released by the team, but Yahoo Sports reported the deal is for three years and $22 million.

Last season, Gasol averaged 17.4 points and 9.7 rebounds per game last season, despite a career-low 31.4 minutes per game. He made $19 million last season.

"We are really excited to add such a versatile player to our roster who has been both an All-Star and an NBA champion," general manager Gar Forman said about Gasol in a statement. "Pau is a skilled player with a high basketball IQ and is a true pro and a proven winner."

Gasol, a 13-year NBA veteran, spent the past six-plus seasons with the Los Angeles Lakers. He helped the Lakers advance to three straight NBA Finals appearances (2008-10), including two championships (2009 and 2010).

Prior to that, Gasol spent more than six seasons with the Memphis Grizzlies (2001-08).

Gasol, a four-time All-Star, has averaged 18.3 points, 9.2 rebounds, 3.3 assists, 1.64 blocks and 0.54 steals in 35.6 minutes over 905 regular-season games. He also owns career shooting averages of 51.5 percent from the field and 75.0 percent from the free-throw line.

In 105 playoff games, Gasol has averaged 17.2 points, 9.7 rebounds, 3.4 assists, 1.97 blocks, 0.56 steals, 51.5 percent field-goal shooting and 73.8 percent free-throw shooting in 38.6 minutes.

As a member of the Spanish national team, Gasol led the squad to silver medals in the 2008 and 2012 Olympics, and gold in the 2006 FIBA World Championships.

Yahoo Sports reported Mirotic's deal is for three years and $17 million.

"We feel Nikola will be a great addition to our frontcourt where he he'll be able to space the floor with his outstanding shooting ability," Forman said in a release. "We've known Nikola for several years and we are confident he will be a great fit for our team both on and off the court. He's a player with great potential."

The 6-foot-10, 225-pound Mirotic was acquired by Chicago on June 24, 2011 as part of a draft-night trade with the Minnesota Timberwolves. In that deal, Chicago acquired the draft rights to Mirotic (No. 23 pick) in exchange for the draft rights to Norris Cole (No. 28) and Malcolm Lee (No. 43), as well as cash considerations.

Last year with Real Madrid CF of the Liga ACB, he started all 31 games and averaged 12.4 points, 4.6 rebounds, 1.2 assists and 24.0 minutes per game.

In five seasons with Real Madrid CF, the 23-year old Mirotic played in 97 Euroleague games (71 starts) and posted averages of 13.1 points and 4.5 rebounds.