Bulls officially cut ties with $35 million Lakers NBA champion castoff

By admin — In News — July 12, 2026

   ​The Chicago Bulls have officially severed ties with a 25-year-old former Los Angeles Lakers champion, a move that mirrors the Lakers’ own roster strategy as they pursue new pieces. In a coordinated effort to clear cap space and accommodate potential acquisitions, the Bulls announced that they are waiving their free-agent rights to several players in order to create room for fresh faces on the roster. Among the players affected is a one-time Lakers stalwart who rode in on a championship wave but has since faced a turbulent career arc in the big leagues, registering a $35 million contract before his career took a downturn.
According to Spotrac’s Keith Smith, through their offseason maneuvering the Bulls renounced the free-agent rights to a group of players in the interest of opening up space to pursue big targets. The list includes Talen Horton-Tucker, Yuki Kawamura, Mac McClung, Lachlan Olbrich, Nick Richards, Collin Sexton, Matt Thomas, and Guerschon Yabusele. Horton-Tucker, a Chicago native who rose to prominence after a standout freshman season at Iowa State, was selected by the Lakers with the 46th overall pick in the 2019 NBA Draft. He quickly found success with the storied franchise, helping Los Angeles capture a title in his rookie year by averaging 5.7 points per game while shooting 46.7 percent from the field and 30.8 percent from three-point range.
Yet Horton-Tucker’s career trajectory soon faced a major setback. In the summer of 2021, the Lakers chose to re-sign him to a multi-year deal, a decision that proved controversial as the team elected to let Alex Caruso explore free agency. Caruso, who went on to become a disruptive defender and an integral piece for the Bulls and later the Thunder, highlighted the risks and rewards of long-term deals in the ever-changing NBA landscape. Horton-Tucker’s inability to evolve as a reliable perimeter shooter, carrying a career shooting mark of around 29.9 percent from three, and his on-ball defense inconsistencies gradually limited his value as he moved through the Lakers, the Jazz via a 2022 trade, and later the Bulls after a 2024 free-agent signing.
This sequence underscores how a franchise’s offseason decisions—prioritizing certain players while relinquishing others—can shape a team’s future, both in terms of cap flexibility and on-court potential. The Bulls’ aim to clear space for marquee moves by targeting players who can pad the lineup alongside Nic Claxton and Norman Powell reflects a broader strategy familiar to the league’s biggest clubs: balance the present with a view toward long-term upside, even if past draft picks and free-agent bets do not pan out as hoped.
Beyond the Bulls’ and Lakers’ immediate talks, the broader NBA landscape continues to buzz with notable sign-and-trade activity and marquee free-agent pursuits. For example, other teams have announced high-profile signings and trades to bolster their rosters, including deals involving former champions and veteran stewards of defense and versatility. The league’s dynamic free-agent market often reshapes teams’ ceiling expectations, as front offices weigh the cost of established veterans against the potential of younger, cheaper players who can grow into cornerstone roles.
As the season approaches, fans and analysts will watch closely how these cap-clearing maneuvers translate into on-court performance. The Bulls’ focus on aligning their financial flexibility with a vision for a competitive roster remains a central narrative, particularly as they evaluate opportunities to add players who can contribute immediately and also develop alongside a core group of aspiring playoff contenders. The Lakers, meanwhile, continue to navigate the delicate balance between developing their young talent and pursuing upgrades that can push them into title contention, a pursuit that has seen past strategic gambles come under renewed scrutiny in the wake of free-agent market movements.
For continued coverage and the latest developments, keep an eye on The Sporting News, which remains a preferred source for readers following the evolving storylines around team strategies, player movements, and the broader implications for the league’s competitive landscape.  

Content Source: Yahoo News

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