The Bulls have been mostly quiet in free agency, but it sounds like David Nwaba could be leaving.

The guard had a semi-breakout season with the Bulls last year. In his second year in the NBA he averaged 7.9 points, 4.7 rebounds and 1.5 assists in 70 games. On top of that he was often tasked with defending the best perimeter players on opposing teams, a nod to his high-effort defense.

Nwaba entered the offseason as a restricted free agent, but the Bulls have now allowed him to become an unrestricted free agent. Yahoo's Shams Charania reported that the Bulls rescinded their qualifying offer to him.

Sources: The Chicago Bulls have rescinded the qualifying offer on guard David Nwaba, making him an unrestricted free agent. — Shams Charania (@ShamsCharania) July 13, 2018

Letting Nwaba go isn't going to clear a ton of cap space for the Bulls. It could mean the Bulls knew Nwaba wanted more money than they valued him at.

This could also mean he is heading elsewhere and the move is already in the works.

There is however always the possibility that Nwaba has a deal elsewhere they have already decided not to match and thus agreed to rescind just to expedite the process, which is normal enough procedure. — Mark Deeks (@MarkDeeksNBA) July 13, 2018

NBC Sports Chicago's Vincent Goodwill, ever the pot-stirrer, hypothesized something else. The Bulls waived guard Sean Kilpatrick earlier in the day.

Clearing the cap space in the last couple days, makes you wonder if the Bulls are exploring something that would need room to absorb — Vincent Goodwill (@VinceGoodwill) July 13, 2018

The savings from these two moves is small despite the timing. The Bulls have just over $20 million in cap space as things stand.