What for weeks had been written on the wall finally came to pass Tuesday, when the Chicago Bulls officially amnestied veteran forward Carlos Boozer, per Yahoo Sports’ Adrian Wojnarowski.
In so doing, Chicago opened up $16.8 million in cap space, enough to officially complete the signing of Pau Gasol, with whom the Bulls came to terms on a three-year, $22 million deal, according to Wojnarowski.
Chicago Bulls general manager Gar Forman had high praise for the 12-year veteran, via the Bulls’ website:
Carlos epitomized professionalism in everything he did for the Bulls both on the court and in the community during his time here in Chicago. Over the last four seasons, Carlos' productivity helped elevate our team to another level. I have nothing but respect for Carlos and certainly wish him the best as he moves forward.
Per the NBA’s collective bargaining agreement, Boozer will now be subject to a 48-hour waiver process whereby teams currently under the salary cap can bid for his services (at a minimum of $1.5 million). Whoever bids the highest must pay Boozer that amount, with Chicago paying the difference.
Read Full Article at Bleacher Report - NBA
Article written by Jim Cavan
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