Chicago Bulls Waived Forward Carmelo Anthony

Oklahoma City's Timothe Luwawu Cabarrot loses the ball between Denver's Mason Plumlee and Monte Morris after attempting a dunk during an NBA basketball game between the Oklahoma City Thunder and the Denver Nuggets at Chesapeake Energ

Chicago Bulls Waived Forward Carmelo Anthony

Now that he's been waived, teams can enter the sweepstakes to land the veteran.

The Bulls acquired Carmelo Anthony from the Rockets.

This shouldn't come as a surprise to anyone who has been following the Anthony saga.

The Bulls acquired Anthony in a January 22 trade with Houston but he had not been expected to play with Chicago before being waived.

The Bulls made the move everyone expected Friday, finally waiving Anthony, according to ESPN's Adrian Wojnarowski.

Oklahoma City acquired Luwawu-Cabarrot from the Philadelphia 76ers last July in a three-team trade in which the Thunder also acquired Dennis Schroder.

Overall, he has posted averages of 5.5 points, 1.7 rebounds and 0.9 assists in 14.9 minutes per game.

Out of the fray of all of the craziness happening around the National Basketball Association over the last two days, the Thunder and Bulls have finalized a trade sending third-year forward Timothe Luwawu-Cabarrot and cash considerations to Chicago, according to Shams Charania. The Bulls roster is now at 17 players, including two players signed to Two-way contracts.

Anthony has averaged 24 points in 16 seasons.

Oklahoma City will save $7.3 million toward its luxury tax bill with the unloading of Luwawu-Cabarrot to the Bulls. Will Melo's National Basketball Association career continue? "He's a wing I'm glad we can take a look at and see what he can do".

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