Bulls Sign Daequan Cook

[KH12]

Daequan Cook was waived by the Rockets two days ago, which means he's set to clear waivers today. While it's possible that a team submitted a waiver claim for him, it's more likely that no club is willing to take on his guaranteed $3MM+ 2012/13 salary. Assuming Cook clears waivers, the Bulls are "firmly in the lead" to sign him, reports ESPN.com's Marc Stein (via Twitter).

The Bulls' roster moves this season have been limited by the club's proximity to the hard cap, which doesn't allow for much flexibility. Still, Chicago has the room necessary to take on a minimum-salary player for the rest of the year. 10-day contracts can also be signed starting on Monday, though it's not clear if Cook would be open to a 10-day deal or whether he's seeking a full-season guarantee.

Cook, 25, headed to Houston in October's James Harden blockbuster, and averaged career-lows in minutes (10.3) and points (3.4) per game in his 16 appearances for the Rockets. He was still effective from three-point range, however, with his 36.7% mark this season right in line with his career average (36.5%).

http://www.hoopsrumors.com/2013/01/b...quan-cook.html

Hell yeah!

EDIT :: Marc Stein
✔
@ESPNSteinLine
NBA teams just notified that Daequan Cook has indeed cleared waivers

[gocubs2118]

Rip trade coming up?

[KH12]

If we could trade Rip for a big (still love the Stiemsma idea) and sign Cook, I'd love that.

[ChiBulls4Life]

man the Bulls need to sign another big not another guard unless they really are unloading hamilton somewhere we don't know of yet in which case I'll be all for signing cook.

[Badluck33]

Some of Cooks relatives have stated that Bulls have contacted him.

[Badluck33]

BlogaBull

bammm

[BIG worm]

id would take cook in a heartbeat....we could still acquire a big via trade. but cook is only 25 and has a great outside shot. i really like the idea of him on our squad.

[KH12]

We could go from old and slow to young and quick like that, trading Rip and Rose returning.

[BIG worm]

We could go from old and slow to young and quick like that, trading Rip and Rose returning.

i second that! lets hope he clears wavers.

[BIG worm]

when do we know if he clears waivers or not?

[kingbrentg]

Meh. I'd rather give it a go with Rose/Rip in the playoffs, assuming this is retroactive to moving Rip. Otherwise I'd rather go the route of a big man, since there's obviously no faith in Nazr, should Jo/Booz/Taj go down.

[KH12]

when do we know if he clears waivers or not?

He cleared waivers according to Stein.

[Rosh]

i second that! lets hope he clears wavers.

when do we know if he clears waivers or not?

He's cleared.

[Ray_R]

If wedo move rip what bigsdo you guys think are available?

[Linkels]

Marc Stein ‏@ESPNSteinLine
Word is Rockets tried hard to find trade taker before releasing Cook but couldn't. Now Bulls strong favorite to sign him as free agent