Bulls Already Cutting Recent Trade Acquisition

The Chicago Bulls continue their roster churning by waiving their latest acquisition.
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The Chicago Bulls are in the midst of a busy offseason as they retooled the roster, parting ways with Alex Caruso, DeMar DeRozan, and Andre Drummond. This was a long overdue decision by the front office as the Bulls could have easily received much more in return for these players if they were dealt at last season's trade deadline. Alas, it's still good to see that the organization finally came to its senses and decided to start the rebuild.

It doesn't look like transactions are going to die down any time soon. After the Bulls signed and traded DeRozan to the Sacramento Kings as part of a three-team deal, they received Chris Duarte and RaiQuan Gray in return. According to KC Johnson of NBC Sports Chicago, the team just waived Gray.

Gray was a second-round pick in the 2021 NBA Draft and spent the first three seasons of his career between the Brooklyn Nets and the San Antonio Spurs, appearing in a total of four games. The former Florida State standout wasn't able to establish a career in the NBA and will now become an unrestricted free agent, hoping to get a two-way contract.

This move officially makes it clear that all the Bulls got in return for DeRozan was Duarte. This is a disastrous move by the front office, especially considering the fact that Sacramento also gave up Harrison Barnes and a 2031 first-round pick to be able to sign DeRozan. Chicago could have received those assets if they had enough cap space but they had already squandered it with an extension to Patrick Williams, and the signing of Jalen Smith.

So far this offseason, the Bulls front office managed to turn Caruso, Drummond, and DeRozan to Josh Giddey, Chris Duarte, and two second-round picks. Not really the haul Bulls fans were hoping for.

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