According to a report via Ken Berger of CBS Sports, Chicago Bulls guard Rip Hamilton, is about to be a free agent.
Rip Hamilton will soon be a free agent as the Bulls will waive him rather than guarantee his $5 million salary for next season, source says.
— Ken Berger (@KBergCBS) July 2, 2013
Hamilton will be waived before July 10, when his salary for '13-'14 becomes fully guaranteed.
— Ken Berger (@KBergCBS) July 2, 2013
The 35-year-old Hamilton averaged 9.8 points per game in 50 contests for the Bulls last season, but had a difficult time getting significant minutes down the stretch for whatever reason. And with the impending arrival of Mike Dunleavy Jr, it was only a matter of time before Hamilton was cut.