Bulls Waive Rondo, Canaan

The Bulls have waived Rajon Rondo and Isaiah Canaan, Jeff Goodman of ESPN tweets. The news, at least as far as Rondo is concerned, comes as no surprise.

Earlier we wrote about how today was the deadline for the Bulls to part ways with the veteran guard, lest the organization hang on to him and be on the hook for an extra $10MM in guaranteed money.

As Chris Mannix of Yahoo Sports writes, Rondo’s impressive last season surge did wonders for his value but an injury in the postseason, coupled with the Bulls’ change in direction post-Jimmy Butler, have spelled the end to his brief tenure in Chicago.

Per Mannix, Rondo may need to wait until much of the initial free agency period dust settles before he  can lock down a deal with another ball club.

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