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Bulls Sign Mac McClung, Then Waive Him in Procedural Move

The same-day waiver signals an Exhibit 10 path to the Windy City Bulls with Chicago's NBA roster already full.

Overview

  • Chicago agreed to a deal with the three-time Slam Dunk Contest champion on Friday, then waived him hours later, per reports from Michael Scotto and Keith Smith.
  • Reporting indicates the sign-and-waive is designed to route McClung to the Bulls’ G League affiliate, where an Exhibit 10 deal could make him eligible for a bonus up to $85,300 after 60 days.
  • Windy City must first acquire McClung’s G League returning rights from the Osceola Magic to finalize the affiliate arrangement.
  • The Bulls currently have 15 guaranteed contracts and all three two-way slots filled, limiting immediate NBA roster avenues for McClung.
  • McClung, a former G League MVP with strong production in Osceola, has logged six NBA regular-season games to date, with financial terms of his Bulls agreement not disclosed.