The Kings waived Taylor on Friday, Sean Cunningham of Fox 40 Sacramento reports.
Taylor signed a training camp contract with the Kings on Friday, Chris Haynes of Turner Sports reports.
The Bulls waived Taylor on Thursday, Chuck Swirsky of the Bulls Radio Network reports.
Taylor registered two points (1-1 FG), one rebound and one assist in seven minutes during Monday's 127-92 loss to the Mavericks.
Taylor recorded zero points (0-5 FG, 0-2 3Pt), five rebounds, one assist, one block and one steal over 20 minutes during Tuesday's 110-97 loss to the 76ers.
Taylor provided no counting stats in two minutes during Monday's 118-100 loss to the Heat.
Taylor signed a contract with the Bulls on Monday.
Taylor managed 18 points (7-16 FG, 2-7 3Pt, 1-1 FT), 15 rebounds, four assists and two steals across 38 minutes in Windy City's 93-89 loss to Maine on Tuesday.
Taylor furnished 23 points (10-15 FG, 0-2 3Pt, 2-4 FT), 13 rebounds and three assists across 33 minutes in Windy City's 123-108 win over Westchester on Sunday.
The Bulls signed Taylor to a two-way contract Tuesday, Adrian Wojnarowski of ESPN reports.