The report may have been premature.
According to Brian Windhorst on twitter, the Bulls have informed Boozer that he is not part of the team’s plans for the 2014-2015 season but that does not mean that the team will amnesty the forward.
Bulls told Carlos Boozer it’s a possibility he will be amnestied or used in a sign-&-trade but have made no final decisions, sources said
— Brian Windhorst (@WindhorstESPN) July 3, 2014
Ideally, the preferred way for the Bulls to depart with Boozer is through a trade. The Bulls, however, have been rebuffed in their attempts to trade Boozer. The New York Knicks, for instance, want no part of Boozer if the Bulls were to approach the Knicks about a sign-and-trade for Anthony.
The Bulls can not even amnesty Boozer until the week of July 10.
It makes sense for the Bulls to exhaust all their trade efforts before then in order to avoid paying Boozer to leave.
For now, Boozer remains a member of the Bulls, though, that appears to be only a formality.