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Bulls flip Jameer Nelson for Willie Reed, will waive Reed

Jameer Nelson, we hardly knew ye.

The Bulls recently acquired the 35-year-old guard from the Pelicans in the Nikola Mirotic trade. Now he's headed to Detroit to reunite with coach Stan Van Gundy, who he played for in Orlando for five seasons.

In return for Nelson, the Bulls receive center Willie Reed. NBC Sports Chicago's Vincent Goodwill is reporting that the Bulls will immediately waive Reed.

Bulls are sending Jameer Nelson to Detroit for Willie Reed, according to sources. Nelson reunites with Stan Van Gundy

— Vincent Goodwill (@vgoodwill) February 8, 2018

Yahoo Sports' Shams Charania was first on the trade, which also includes a swap of 2022 second-round picks (for some reason).