The Bulls rescinded their qualifying offer to guard David Nwaba on Thursday, making him an unrestricted free agent, according to Yahoo Sports.
The move came two weeks after the Bulls made Nwaba, who averaged 7.9 points and 4.7 rebounds per game last season, a restricted free agent.
The Bulls also announced Thursday that they waived guard Sean Kilpatrick.
Last season, Kilpatrick, 28, played for the Nets, Bucks and Clippers before signing with the Bulls as a free agent on March 26. While with the Bulls, the 6-foot-4, 210-pound guard appeared in nine games and averaged 15.4 points, 2.8 rebounds and 1.4 assists. He also shot 43.9 percent from the field and 39.6 percent from the perimeter.
Kilpatrick also played a short time for the Timberwolves and Nuggets during his four-season career.