MIAMI, FL - APRIL 19: C.J. Watson #7 of the Chicago Bulls posts up Mario Chalmers #15 of the Miami Heat during a game at American Airlines Arena on April 19, 2012 in Miami, Florida. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and/or using this Photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Mike Ehrmann/Getty Images)
The Chicago Bulls have decided to let go of C.J. Watson, leaving a hole at point guard while Derrick Rose recovers from a knee injury.
With the drafting of rookie PG Marquis Teague and the signing of combo guard Kirk Hinrich, it became no secret that C.J. Watson's time as a member of the Chicago Bulls was likely over. Late Tuesday night, Watson confirmed as much, tweeting that he was "clos[ing] one chapter" and "open[ing] another."
The Bulls had an option on Watson for next season that would've paid the guard $3.7 million, but they've declined to pick it up as the team tries to stay under the luxury tax line. Watson put up a 13.3 PER last season as Chicago's first guard off the bench and as their starting point guard while Derrick Rose was injured.
For more, stick with SB Nation Chicago. For more on the Bulls, head over to Blog a Bull. For additional news, notes and analysis from around the NBA, visit SB Nation's NBA news hub.