Not even five years removed from being named NBA Rookie of the Year, Michael Carter-Williams is about to be a man without a team.
The Rockets have traded the well-traveled point guard to the Bulls, the team announced Monday. ESPN reported that Chicago is expected to waive him immediately before his contract becomes guaranteed for the season later in the day.
Houston will also send cash to Chicago in the deal and receive a conditional second-round pick in return, freeing up salary cap space for the Rockets. The Chicago Tribune reported the conditions on the pick are such that it likely will never be transferred to Houston.
The luxury tax projection for the Rockers will drop from $16.3M to $13.7M, a savings of $2.6M after the Michael Carter-Williams trade to the Bulls. The Rockets will also create a $1.5M trade exception and now have an open roster spot.
— Bobby Marks (@BobbyMarks42) January 7, 2019
Carter-Williams, 27, was averaging just 9.1 minutes and 4.3 points per game this season, his first in Houston. His next employer will be his sixth NBA team — a remarkable development for a player who was named the league’s top rookie in 2014 after the Sixers selected him with the 11th overall pick out of Syracuse the previous summer.
Carter-Williams has since had stops in Milwaukee, Chicago and Charlotte, his role and production diminishing with each stop.
In addition to Carter-Williams, the Tribune reports the Bulls are expected to waive MarShon Brooks on Monday.