The Bulls have claimed point guard Kay Felder, Shams Charania of The Vertical tweets. They will waive swingman Jarell Eddie, league sources told Michael Scotto of Basketball Insiders (Twitter link). Chicago will also shed center Diamond Stone to reach the 15-man roster limit, Charania adds in another tweet.
The Cavaliers traded Felder along with veteran forward Richard Jefferson to the Hawks on Saturday in order to shed salary and create roster space. Atlanta then immediately waived both players.
Felder, a second-round pick in 2016, appeared in 42 regular-season games last season and averaged 4.0 PPG and 1.4 APG in 9.2 MPG. He had a $457K guarantee on his $1,312,611 salary for this season. There is a team option on his $1,544,951 contract for next season.
The Bulls have Kris Dunn and Jerian Grant as their top point guards but Cameron Payne was declared out for 3-4 months in September after undergoing foot surgery.
Eddie, 25, played for the Wizards and Suns over the last two seasons. He played sparingly in 26 games for Washington during the 2015/16 season.
Eddie then played for the G League’s Windy City Bulls before hooking on with Phoenix late last season. He saw action in five games with the Suns last season after signing a pair of 10-day contracts.
Though he signed a contract for $1,471,382, most of the money was non-guaranteed. He collected a couple of extra days’ salary by remaining on the roster through Saturday.
Chicago still has plenty of shooting guards and small forwards on the roster, including Paul Zipser, Denzel Valentine, Justin Holiday, David Nwaba and rookie Antonio Blakeney. Zach LaVine and Quincy Pondexter are still rehabbing from knee injuries.
Stone received a modest guarantee after signing with Chicago in September. Stone, who played his rookie season with the Clippers, was also waived by the Hawks after Atlanta acquired him in late July. Robin Lopez, Christiano Felicio and rookie Lauri Markkanen are the main options at center.