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Bulls waive Spencer Dinwiddie, announce summer league roster

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After signing two guards in free agency, the Bulls waived Spencer Dinwiddie

Raj Mehta-USA TODAY Sports

Right after the Jose Calderon era came to an abrupt end, another nondescript era of a Chicago point guard came to an end as well. This time, it was Spencer Dinwiddie who will not be on the Bulls roster moving forward

Dinwiddie was acquired at the beginning of the offseason in a trade that sent Cameron Bairstow (who was waived this week as well) to the Detroit Pistons.

His waiving seems obvious after the Bulls signed Dwayne Wade and Rajon Rondo in the offseason brought in two more guards. With Rondo and Jerian Grant, Dinwiddie was slotted to be the 3rd point guard, and not much upside in Chicago in terms of getting on the court.

It's strange timing though. Dinwiddie was slotted to make around 900k this season with 250k of it being guaranteed if he was not waived by November 1st. But the Bulls wasted no time in letting him go. A strange move considering he could have been a good Summer League player and could have impressed for other scouts. His waiving opens up a roster spot, currently at 14. It could mean the Bulls are bringing over Paul Zipser, this year's second-round pick who currently plays in Germany. The Bulls do not need to get to the maximum of 15 roster spots until the beginning of the season.

We profiled Dinwiddie as a young and athletic point guard who can use his big frame on defense to stay in front of defenders. Dinwiddie shot the three well in college and has the potential to have a strong offensive game. If anything he could find a team overseas or in the D-League. But there's potential he could be a bench player on an NBA roster.

Shortly after the Dinwiddie news hit, the Bulls released their summer league roster. You can check it out here, and we'll have more on that soon.