Boozer will still earn the final $16.8 million on his contract for the coming season, but he'll be removed from Chicago's salary-cap and tax calculations -- which would enable the
“Carlos epitomized professionalism in everything he did for the Bulls both on the court and in the community during his time here in Chicago,” said General Manager
Last season, the 12-year veteran averaged 13.7 points and 8.3 rebounds through 76 appearances with the Bulls.
Teams currently under the salary cap can submit bids to the NBA on Boozer's contract through a 48-hour waiver period.
The highest bidder will get Boozer's services for the rest of the season at the bid price, offsetting the balance still owed to the 33-year-old power forward by Chicago.
The Lakers are one of many teams still armed with salary-cap room (about $6.8 million), though approximately $5 million of that has been promised to re-signing guard
Both Young and returning center-forward
The Lakers can also waive and stretch the contract of
Other teams potentially with cap room include the
The bidding consists of a blind, single bid per team. Whichever franchise lands Boozer in an amnesty claim, if any, will not be able to trade him this season.