Bulls Notes: DeRozan, Giddey, Ball, Craig

The Bulls appear to be “open for business” following Wednesday night’s draft and could emerge as the NBA’s biggest wild card when free agency begins this weekend, writes Darnell Mayberry of The Athletic. Reading between the lines of a post-draft press conference held by executive vice president of basketball operations Arturas Karnisovas, Mayberry suggests the organization may be recognizing the need to assemble to a younger and more athletic team.

That could mean parting with free agent DeMar DeRozan, possibly in a sign-and-trade, and taking the best deal they can find for Zach LaVine. Mayberry notes that Karnisovas sidestepped a question Wednesday night about the team’s commitment to keeping DeRozan.

“As I said also before, we’re going to look at everything,” he responded. “Everything is on the table. It’s still an option.”

DeRozan has been Chicago’s best player since joining the team in 2021, and he’s coming off another stellar season, averaging 24 points, 4.3 rebounds and 5.3 assists in 79 games. However, he’ll turn 35 this summer and may not be a wise long-term investment for a team that’s trying to escape mediocrity.

Mayberry also points out that this would be a good time for the Bulls to consider rebuilding because their first-round pick in what’s viewed as a strong draft next year is top-10 protected. If it falls outside that range, it will convey to San Antonio as part of the sign-and-trade deal that brought DeRozan to Chicago.

There’s more on the Bulls:

• Karnisovas defended the price he paid for Josh Giddey twice during his 17-minute meeting with reporters, Mayberry adds. Many observers were surprised that the Bulls didn’t receive any draft compensation when they acquired the 21-year-old guard from Oklahoma City last week in a one-for-one deal for Alex Caruso, one of the league’s best defensive guards. “Bringing a very talented guard that is an elite play-maker and rebounder with elite size, his game is predicated on making everyone better around him, those guys are hard to find and they’re not available,” Karnisovas said. “We were fortunate to get him. And it comes at a high price, which was A.C.”
• Karnisovas said Lonzo Ball, who has been sidelined with knee issues since January of 2022, is “moving along” in his recovery, per Kyle Williams of The Chicago Sun-Times. Ball has already picked up his $21.4MM player option for next season, which marks the final year of his contract. “We don’t know what he’s going to look like in a month or two, so we’re just going to take one step at a time, and hopefully he’s going to be ready for training camp,” Karnisovas said.
• The Bulls haven’t received any indication of whether Torrey Craig plans to exercise his $2.8MM player option for next season, tweets K.C. Johnson of NBC Sports Chicago. The veteran forward has until Saturday to make his decision.