This is another bitter blow for the Lakers in this trade window, as it appears less and less likely that a deal for Anthony Davis can be made.
The Wizards needed to beef up their roster after losing John Wall to injury.
Wall slipped and fell at his home, rupturing his Achilles heel, and will be out for a year.
And it was expected that the Wizards would need to acquire a new player to get points in his absence, and they moved quickly to get Parker before the deadline.
Parker can become a free agent this summer, but the Wizards have the option to extend his contract for another year.
That team option will likely depend on Wall’s recovery, and whether or not he will be back to play next year.
Otto Porter Jr. will head to the Bulls in return.
Parker had been out of sorts in Chicago this season, after joining in free agency last summer.
He has been inactive for large stretches of the campaign, and sat out completely as the Bulls lost to the Charlotte Hornets on Saturday night.
He was left out of the starting five to play the New Orleans Pelicans on Wednesday night, as news broke from Yahoo Sports.
Darnell Mayberry, of The Athletic, claims to have seen Parker leaving the United Center on his way to Washington.
“Jabari Parker also just walking out of the locker room and departed the United Center,” he tweeted.
“He was all smiles.
“He said he expected this and is excited for a fresh start in Washington.”
On his way out, Parker declared that he was looking forward to getting going, and insisted that there were no hard feelings.
“It was great here,” he told Mayberry.
“It was a great experience.
“I wouldn’t have traded it for nothing.”