The Bulls sent out a press release today announcing that they have waived Demetris Nichols. Here is the text of the press release:

November 17, 2008 – The Chicago Bulls announced today that the team has waived forward Demetris Nichols.

Nichols (6-8, 216), appeared in two games this season with Chicago and averaged 1.0 ppg in 2.5 mpg. Nichols was claimed on waivers by the Bulls on Dec. 7, 2007 and was re-signed by Chicago on July 24, 2008. He was originally selected by the Portland Trail Blazers in the second round (53rd selection) of NBA Draft 2007.

Chicago’s roster now stands at 14.

The Chicago Bulls released a press release today announcing that they have released Michael Ruffin and Roger Powell.

October 23, 2008 – The Chicago Bulls announced today the team has waived forward Roger Powell and forward/center Michael Ruffin.

Powell (6-6, 225) appeared in four preseason games with the Bulls and averaged 2.8 ppg and 0.8 rpg in 4.5 mpg. He spent the 2007-08 campaign with Siviglia Wear Teramo (Italian Series A League), playing in 33 games (five starts) and averaging 13.2 ppg, 4.4 rpg and 1.00 spg. Powell has made multiple NBA summer league appearances: San Antonio Spurs (2008), Memphis Grizzlies (2007), Utah Jazz (2006) and the Dallas Mavericks (2005). Powell played four years for the Fighting Illini, where he finished with averages of 9.0 ppg and 3.9 rpg in 19.4 mpg.

Ruffin (6-8, 248) missed seven preseason games due to a left ankle sprain. Last season, Ruffin appeared in 46 games for the Milwaukee Bucks in his eighth season in the league and finished the season with averages of 2.0 ppg and 4.0 rpg in 13.7 mpg. He was selected by the Chicago Bulls in the second round (32nd pick overall) of the 1999 NBA Draft.

Chicago’s preseason roster now stands at 13.

This is disappointing news, I was getting so excited to watch Michael Ruffin in a Bulls jersey this season.

The Bulls roster is now cut down to only 13 players. Could a trade be on the horizon?

The Chicago Bulls waived their 51st pick in the 2007 NBA Draft, JamesOn Curry, late Wednesday night. Only $100,000 of Curry’s contract was guaraunteed. If Curry remained on the Bulls roster past July 31st, the Bulls would have had to pay him the full $711,517 of his contract. Now, the $611,517 question is what year will JamesOn Curry get back in the league in order to serve his suspension for public urination in Omaha.