NBA Free Agency 2012: C.J. Watson Signs 2-Year Deal With New Jersey Nets

According to Peter Vescey of Hoop Du Jour, the New Jersey Nets have signed former Bulls bench player PG C.J. Watson:

In the 2011-12 NBA Season, the Chicago Bulls struggled with their fair share of injuries, PG Derrick Rose among them, Watson stepped up and started in 25 games, sporting a decent 14.62 player efficiency rating, and helped the Bulls to finish with the best record in the NBA.

But, with increasing demands on the team's budget and the addition of first-round pick PG Marquis Teague in the first round of the 2012 NBA Draft, the Bulls have elected to sign PG Kirk Hinrich and allow Watson to walk.

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.

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