The Chicago Bulls have waived Carmelo Anthony to open up a roster spot to acquire Timothe Luwawu-Cabarrot from the Oklahoma City Thunder.
Anthony was never asked to report to the Bulls after they acquired him from the Rockets on January 22nd.
The Thunder will save $7.3 million off their luxury tax bill by trading Luwawu-Cabarrot.
Full article @ Bulls Acquire Timothe Luwawu-Cabarrot, Waive Carmelo Anthony
Source: RealGM Basketball Wiretap