Chicago Bulls waive Andrew Bynum

Despite the center’s ability to display dramatic hairstyles and to sometimes play very solid basketball, the Chicago Bulls announced today that the team has waived Andrew Bynum.

Earlier today, Bynum’s contract was conveyed to the Bulls, along with multiple draft picks from the Cleveland Cavaliers in exchange for the contract of Luol Deng.

Chicago’s roster now stands at 12.

This was an expected move, as the point of Chicago’s trade for Bynum and draft picks was to remove the contract of Deng and to waive Bynum for the purpose of salary cap space, along with draft picks to build for the future.

This does not necessarily mean that the Bulls are fully rebuilding. But they were unable to come to a contract extension agreement with Deng, and so rather than just lose him in free agency the team aft least wanted some draft picks.