Sources: Bulls cutting Carlos Boozer with amnesty clause

Adrian Wojnarowski
The Vertical

The Chicago Bulls informed Carlos Boozer they have used the amnesty clause on the final year of his contract, expunging his $16.8 million off the franchise's salary cap, sources told Yahoo Sports.

The Bulls are using the salary-cap space to sign several free agents, including Pau Gasol.

Teams have until Thursday to make amnesty claims on Boozer, needing $1.448 million in cap space to enter a bid with the league office. The highest bid will get Boozer for the rest of the season and pay him a salary equal to the bid. The Bulls will be responsible for paying the balance of Boozer's $16.8 million.

The Charlotte Hornets have a strong need for a veteran power forward and scoring punch alongside center Al Jefferson and could be strong candidates to bid on Boozer, league sources said. If Boozer goes unclaimed, he'll become a free agent able to sign with any team except Chicago.

Boozer averaged 15.5 points last season for the Bulls.