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DEERFIELD, Ill. (AP) - Unable to trade Tim Thomas before Thursday's deadline, the Chicago Bulls are discussing a contract buyout with their banished forward, general manager John Paxson said.
Thomas, earning approximately $14 million in the final year of his contract, hopes to join a playoff team. Players waived after March 1 are not eligible for the postseason.
"We are working on a way to resolve it," Paxson said. "My only issue is I don't want Tim to go to a direct competitor with us — someone we're chasing, whatever."
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