Report: Chicago Bulls unlikely to pick up C.J. Watson's option

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The Chicago Bulls are reportedly unlikely to pick up point guard C.J. Watson's option. (Jesse D. Garrabrant/Getty Images)

C.J. Watson, Chicago Bulls

The Chicago Bulls are "not expected" to pick up backup point guard C.J. Watson's $3.7 million option for next season, reports the San Francisco Chronicle's Rusty Simmons.

The Bulls' outlook for next season depends largely on how they address their point guard situation. Former MVP Derrick Rose tore his ACL in the playoff opener and will likely miss much of next season. Watson and John Lucas III filled in adequately, but the team must now decide whether to go in another direction.

One report said Chicago would make runs at veterans Jason Kidd and Steve Nash in free agency.

Watson averaged 9.7 points and 4.1 assists in 23.7 minutes per game this season and made 25 starts. The 28-year-old Watson has been with Chicago for two seasons, after three with the Golden State Warriors to start his career.