The Chicago Bulls announced today that they have waived forward Malcolm Thomas.

Thomas (6-9, 225) appeared in seven games during the 2012-13 season with Chicago, and averaged 2.5 ppg in 8.4 mpg.

According to K.C. Johnson of the Chicago Tribune, “Thomas, who averaged 2.5 points in seven games last season for the Bulls, signed a contract that would’ve become guaranteed for $250,000 on Wednesday had he not been waived. With the Bulls in the luxury tax, his guaranteed money would’ve cost the Bulls more at the end of next season. The Bulls have 12 players under contract and remain in the hunt for veteran center Marcus Camby, along with the Heat and Rockets. If Thomas doesn’t sign with another team, he could be invited back to Bulls’ camp. However, his chances of making the regular-season roster always were a longshot.”