The Chicago Bulls will consider making an offer for free agent point guard D.J. Augustin, according to ESPN.
The veteran was waived by the Toronto Raptors on Tuesday and will be cleared to sign with another team at 5 p.m. ET Wednesday.
The Bulls currently have three point guards on their roster. Veterans Kirk Hinrich and Mike James provide cover while second year Marquis Teague is also an option.
Teague has struggled to cope with the demands of professional basketball and was sent to the NBA Developmental League last week before being recalled the very same day after James suffered a sprained knee.
Agustin, a ninth pick for the Carlotte Bobcats in the 2008 draft, has average 9.4 points and 3.9 assists over his career.
Toronto were forced to waive the player so their seven-player trade with the Sacramento Kings to be approved. The team already had a full 15-man roster before sending three to the Kings in exchange for four new players.
His best season came in 2011/11 where he average an impressive 14.4 points for the Bobcats.
In 10 games with the Raptors, Augustin could only average 2.1 points.
Augustin will provide the Bulls with four healthy point guards