5:44pm: Jones has been waived, according to NBA.com’s official transactions log.
1:22pm: The Bulls are waiving guard Carlik Jones, reports Shams Charania of The Athletic (Twitter link).
It has been a big year for Jones, who was named the 2023 G League MVP after averaging 26.1 points per game on .483/.360/.789 shooting in 24 regular season contests (38.3 MPG) while also contributing 7.0 assists and 4.4 rebounds per night. That performance helped earned him a promotion from his two-way contract to Chicago’s standard roster in March.
Jones then represented South Sudan during this summer’s World Cup, helping the program claim a spot in the 12-team Olympic field for the first time ever . The 25-year-old had some monster performances against international competition, averaging a double-double (20.4 PPG, 10.6 APG) in five World Cup games.
Unfortunately, it appears the Bulls’ cap and roster situation means that Jones is the odd man out to open the regular season. Chicago was hovering right around the luxury tax line with 13 players on guaranteed contracts and non-guaranteed salaries for Jones and Terry Taylor. The Bulls may intend to open the season with just 14 players on standard deals, with Terry making the team, though that hasn’t yet been confirmed.
Jones’ $1.93MM salary would have become partially guaranteed for $250K on opening night. Since he’ll be cut before then, Chicago won’t be on the hook for any of his salary. He’ll become an unrestricted free agent if he goes unclaimed on waivers and would be free to sign with any team (including the Bulls on a new deal).