The Bulls have waived Lou Amundson, Ronnie Brewer and Mike James, the team announced via press release. The move wipes their non-guaranteed salaries from Chicago’s books. All three were on minimum-salary deals to which Chicago signed them at the end of last season in the hopes they could end up helping the Bulls aggregate salaries in a trade. Instead, Chicago opens up the cap space necessary to complete their deals with Pau Gasol and Nikola Mirotic.
The trio will hit free agency unless another team picks them up off waivers. The trio combined to play a total of three minutes for the Bulls after the team signed them, but each isn’t too far removed from a more prominent role. James finished the 2012/13 season as the starting point guard for Dallas, Brewer started 34 games for the Knicks that year, and Amundson, though long a reserve, was well-regarded enough to merit deals with three teams that season.
After all of these deals, do the Bulls have any cap space left, and if so, how much?
They still need to address the 2-3 wing spot! That has been their weakest position especially since trade Luol and they seem to consistently ignore it. They could have had a potentially great one in Lance Stephenson but from the outside looking in it seems they whiffed on that one. Stuckey is still out there I believe.
Lance was too expensive.
Lance costed less than 10 per yr. For a walking triple double & sure to be an allstar? Cheap
The greater need is a back up point guard with some height and speed.