Bulls Waive Marko Jaric, Ryan Allen

The Bulls have officially waived camp invitees Marko Jaric and Ryan Allen, the team announced today in a press release. The pair of cuts reduces Chicago's roster to 13 players, meaning the team is likely set for the regular season.

Jaric and Allen were among the five free agents the Bulls invited to camp this month, but like the other three, who have also been released, they were long shots to earn roster spots. Although teams can carry up to 15 players in the regular season, the Bulls are up against a hard cap, with only about $758K of breathing room. Chicago would have needed to make a corresponding roster move to clear space for either player's minimum-salary deal.

As is, the Bulls will be eligible to sign a veteran player without trading or releasing another player as of November 19th, when the amount of the veteran-minimum salary prorates to fit within their cap parameters.

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