Raptors Waive D.J. Augustin - Will Sign With Bulls

[key2win]

Raptors waive D.J. Augustin - SBNation.com

The Toronto Raptors waived point guard D.J. Augustin on Monday, the team announced in a press release.

Toronto had to waive a player in order for their seven-player trade with the Sacramento Kings to be approved. The team had a full 15-man roster before sending three players to the Kings in exchange for four new ones.

Augustin signed with the Raptors in July after a disappointing individual season as the backup for the Indiana Pacers. In 10 appearances with Toronto, Augustin averaged 2.1 points and one assist in just 8.2 minutes per game. Augustin was unable to separate himself from fellow backup point guards Dwight Buycks and Julyan Stone, and received DNP-CD's in all of the Raptors' last five games.

Once seen as a starting-caliber floor general, the No. 9 overall pick in the 2008 draft has had a swift decline in production since leaving the Charlotte Bobcats two seasons ago. He shot just 35 percent from the field last year and 29.2 percent for the Raptors, never able to find his rhythm in limited playing time under head coach Dwane Casey.

[key2win]

Y! SPORTS

The Chicago Bulls will sign point guard D.J. Augustin after he cleared waivers on Wednesday, league sources told Yahoo Sports.

Augustin needs to pass a physical with the Bulls on Thursday. He was waived by the Toronto Raptors on Monday.

The Bulls lost superstar point guard Derrick Rose for the season, and have been searching for further depth at the position with backup guard Mike James working his way back from a sprained knee. Shooting guard Jimmy Butler has been recovering from a foot injury and could return in the near future.

The Bulls (8-10) are clinging to the final playoff spot in the Eastern Conference and have lost seven of 10 games.

Augustin, 26, played sparingly for the Raptors after a season with the Indiana Pacers. In 10 games in Toronto, he averaged two points and eight minutes.

The Raptors signed Augustin as a free agent this summer, but released him after needing the roster spot upon completing a seven-player trade with the Sacramento Kings.

As part of the deal that unloaded Rudy Gay, the Raptors acquired guard Greivis Vasquez. For now, Toronto has committed to young, developing point guards Julyan Stone and Dwight Buycks as backups for the season.

[gladdyontherise]

I remember when he was good in college, lol

[whitney777]

I remember when he was good in college, lol

Feels like a long time ago.