Feb 12, 2014; New York, NY, USA; Sacramento Kings point guard Jimmer Fredette (7) drives to the basket during the second half against New York Knicks shooting guard Iman Shumpert (21) at Madison Square Garden. Mandatory Credit: Jim O

Although there has been a lot of speculation about guard Jimmer Fredette’s next stop, now that he has officially agreed to a buyout with the Sacramento Kings, Fredette can now really begin to narrow down his choices and soon make a decision.

Fredette would apparently like to sign with an Eastern Conference title contender, but those teams reportedly didn’t have that type of interest in Fredette.

The two teams that originally showed interest in Fredette were the New York Knicks and Memphis Grizzlies.

The Knicks, however, have filled out their roster by adding forward Earl Clark, who was waived by the Philadelphia 76ers after being traded by the Cleveland Cavaliers, and veteran guard Shannon Brown.

As for the Grizzlies, Fredette is leaning against signing with them.

One team that would entertain signing Fredette and would make a good fit are the Chicago Bulls.

As @daldridgetnt noted, I’m told Jimmer Fredette has “strong interest” in Bulls.They have liked him for a while.Kings buyout finalized today

— Sam Amick (@sam_amick) February 27, 2014

The Bulls aren’t a contender with Derrick Rose out for the season, but they are a playoff team and could use a shooter like Fredette.