Bulls Waive C.J. Watson

Faced with a decision on his 2012/13 contract, the Bulls officially waived C.J. Watson last night, tweets Alex Kennedy of HoopsWorld. The move clears Watson from the team's books for the coming season, assuring that they won't have to pay his $3.2MM salary.

If another team is willing to take on Watson's $3.2MM figure, he can be claimed off waivers. However, it's more likely that the 28-year-old guard will clear waivers and become an unrestricted free agent, able to sign with any team. Marcus Thompson of the Bay Area News Group believes Watson could be a fit for the Warriors.

The Bulls also parted ways with Ronnie Brewer, and are still deciding whether to retain Kyle Korver.

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