TUESDAY, 11:32am: The Bulls have officially waived Thomas, the team announced today in a press release.
MONDAY, 5:21pm: The Bulls won't be able to retain Malcolm Thomas for the 2013/14 season due to the franchise's salary situation, a league source told Shams Charania of RealGM. If the paperwork for Thomas' release has not already been filed, it will be shortly as his guarantee date is Wednesday, July 24th.
Thomas is an unfortunate cap casualty for Chicago as he is averaging 11 points, 15 rebounds and 1.7 blocks per game in summer league. The Bulls are interested in bringing back the 6-foot-8 forward at some point, a source said, but he is expected to draw interest from several NBA teams. The 24-year-old played five games for the Warriors last season before finishing the season with the Bulls, where he averaged 1.7 PPG and 1.3 RPG in seven games.