Trade Rumors: Butler, Bledsoe, Hawks, Cavs

While the Bulls still aren’t close to moving Jimmy Butler, there appears to be more “organizational alignment” than there was last year on the idea that a rebuild is in the team’s best interest, reports K.C. Johnson of The Chicago Tribune. Chicago’s asking price for Butler hasn’t changed, according to Johnson, who says the team would be seeking starters or rotation players, along with multiple high draft picks.

Since the Bulls would like to land a high pick in Thursday’s draft if they move Butler, the Celtics (No. 3), Suns (No. 4), and Timberwolves (No. 7) would make sense as trade partners. However, as Johnson details, the Bulls have received the impression that Boston plans to use the third overall pick, and Minnesota’s seventh overall pick likely wouldn’t put Chicago in position to nab one of the top prospects they like, such as De’Aaron Fox or Josh Jackson.

Here are more trade rumors from around the league, including notes on Chicago’s other potential trade partner, the Suns:

  • The Suns have explored the possibility of trading their No. 4 overall pick in a deal for a star, having looked into players like Butler, Paul George, and Kristaps Porzingis, Adrian Wojnarowski noted during The Vertical’s live show on Wednesday night. Sources tell K.C. Johnson that Phoenix is also looking to include Eric Bledsoe, who has two years left on his contract, in any major trade package.
  • On The Vertical’s live show, Wojnarowski identified the Hawks as a team to watch on the trade market, suggesting that new GM Travis Schlenk may be looking to cut costs as he retools the roster. Kent Bazemore could be a trade candidate in Atlanta, per Wojnarowski.
  • Even without a GM in place, the Cavaliers continued to work “furiously” on Wednesday pursuing trade possibilities, writes Joe Vardon of Cleveland.com. It appears the Cavs and Chauncey Billups are close to reach an agreement that would add him to their front office, but the team is more focused on working the trade market, and will continue trying to find a deal on Thursday.
  • Within a larger piece about the draft, Ryan Wolstat of The Toronto Sun suggests the Raptors are confident about their chances to re-sign Serge Ibaka in free agency, which could make Jonas Valanciunas expendable in the right deal.
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