Bulls Rumors

Bulls, Thunder To Swap Alex Caruso, Josh Giddey

The Bulls and Thunder have reached an agreement on a trade that will send guard Alex Caruso to Oklahoma City, with guard Josh Giddey heading to Chicago, reports Adrian Wojnarowski of ESPN.

The deal isn’t official yet, but it sounds like it will be a straight-up, one-for-one swap. It won’t include any draft compensation, according to Joel Lorenzi of The Oklahoman and Marc Stein (Twitter links)

Caruso, one of the NBA’s best point-of-attack defenders, has earned All-Defensive nods and Defensive Player of the Year votes in each of the last two seasons. The 30-year-old has also developed into a reliable three-point shooter, making 40.8% of his 4.7 attempts per game in 2023/24 to push his career rate to 38.0%.

In 71 total games for the Bulls last season, Caruso averaged a career-high 10.1 points, 3.8 rebounds, 3.5 assists, and 1.7 steals in 28.7 minutes per contest, with a .468/.408/.760 shooting line. He’ll add even more defensive firepower to a Thunder team that ranked fourth in defensive rating (111.0) in ’23/24 and also features lockdown defenders like Luguentz Dort and Cason Wallace.

The Bulls had resisted trade offers for Caruso in recent years, but decided to part with him as he enters the final year of his current contract. He’ll earn $9.89MM in 2024/25 and will be extension-eligible beginning in July, though he won’t become eligible for his maximum extension (four years, $78MM+) until six months after the trade.

If he doesn’t sign a new contract with Oklahoma City at some point during the coming league year, Caruso will reach unrestricted free agency next summer. However, Wojnarowski (Twitter links) reports that the Thunder had pursued the veteran guard for a while and are making the deal with an eye toward keeping him long-term.

As Kevin O’Connor of The Ringer points out (via Twitter), it will be a reunion for Oklahoma City and Caruso, who played for the OKC Blue in the G League under Mark Daigneault in 2016/17.

Giddey, the sixth overall pick in the 2021 draft, started all 210 regular season games he played for the Thunder over the past three seasons and showed intriguing upside as a play-maker during that time. His best season came in 2022/23, when he averaged 16.6 points, 7.9 rebounds, and 6.2 assists per game on .482/.325/.731 shooting.

However, Giddey took a step back in ’23/24, averaging a career-low 12.3 PPG and 4.8 APG as his playing time dipped from 31.1 MPG to 25.1 MPG. While he improved his three-point percentage to 33.7%, he remained inconsistent from beyond the arc, resulting in opposing defenses sagging off of him. That led to the Thunder eventually moving him to the second unit for the first time in his career during the team’s second-round playoff series vs. Dallas.

Giddey was also the subject of investigations by the NBA and local police due to allegations that he engaged in an inappropriate relationship with a minor, but both the league and police closed their investigations into that matter due to a lack of corroborating evidence.

According to Wojnarowski (via Twitter), the Bulls had been “determined” to find a play-maker capable of replacing Lonzo Ball, who has been sidelined due to knee problems since January of 2022 and is entering the final year of his contract. There’s optimism in Chicago that Giddey, still just 21 years old, will have a clearer path to realizing his full potential in a situation where he has the ball in his hands more often — he often ceded ball-handling duties to Shai Gilgeous-Alexander in Oklahoma City.

The deal will save the Bulls a little money in 2024/25, with Giddey set to earn $8.35MM in the final year of his rookie contract. The difference between that figure and Caruso’s isn’t massive, but could end up being significant, given that Chicago’s team salary could approach or surpass the luxury tax line this offseason.

Like Caruso, Giddey will be extension-eligible with his new team. The Bulls will have until the day before the start of the regular season to negotiate a rookie scale extension with their new lead guard. If they don’t come to terms by that point, he would be on track for restricted free agency in 2025.

As cap expert Yossi Gozlan observes (via Twitter), this will be the first time the Bulls have made a trade involving a player since August 2021. It sounds like it probably won’t be the last deal the team makes this summer, with Zach LaVine and Ball said to be among the other trade candidates to watch.

Bulls Have Discussed LaVine With Kings, Jazz, Magic, Sixers

The Bulls have been active in trade discussions heading into the 2024 NBA draft and free agency, reports K.C. Johnson of NBC Sports Chicago. In addition to exploring moving up and down from the 11th pick, Chicago has also discussed players already on the roster as well.

Sources tell Johnson that head of basketball operations Arturas Karnisovas has “floated as many as 15” trade proposals involving Zach LaVine. The Kings, Jazz, Magic and Sixers are among the teams Chicago has called about LaVine, according to Johnson.

As Johnson observes, the Bulls will almost certainly need to trim salary to avoid the luxury tax in 2024/25 if they intend to re-sign DeMar DeRozan and Patrick Williams. DeRozan, who is extension-eligible through June 30, will be an unrestricted free agent, while Williams is restricted.

Johnson reported earlier this month that Chicago’s asking price for LaVine has significantly dropped compared to last year, when they were seeking real assets in return for the 29-year-old. It seems the Bulls are now more focused on finding a way to shed LaVine’s pricey salary — he’s owed $138MM over the next three seasons, including a $49MM player option in 2026/27.

A two-time All-Star, LaVine was limited to just 25 games this past season due to a nagging foot injury, which eventually required season-ending surgery.

To this point, the Bulls have been focused on offering DeRozan short-term deals, Johnson writes. While there’s been “widespread speculation” that the Thunder, Pistons and Hornets may put out offer sheets for Williams, Johnson hears the Bulls are comfortable with their position since they have the right to match any contract the former No. 4 overall pick might receive.

Johnson also mentions Lonzo Ball and Alex Caruso as names to watch on the trade market. ESPN’s Adrian Wojnarowski just reported that Caruso is being sent to Oklahoma City for Josh Giddey.

As for the lottery pick, Johnson cites Providence’s Devin Carter, Kentucky’s Rob Dillingham, G League Ignite’s Ron Holland and Duke’s Kyle Filipowski as potential targets, though the Bulls have gotten a close look at a “wide range of prospects.”

Draft Notes: Green Room, Mock Drafts, Samuel

Four more players have received green room invites for the 2024 NBA draft. Dayton’s DaRon Holmes II, Indiana’s Kel’el Ware, Colorado’s Tristan Da Silva and Pittsburgh’s Carlton Carrington have all accepted invitations to attend the draft in person, according to ESPN’s Jonathan Givony (all Twitter links here).

Holmes, the A-10 Player of the Year, averaged 20.4 points, 8.5 rebounds, 2.6 assists and 2.1 blocks per game last season while shooting 54.4% from the field and 38.6% from three. He’s listed at No. 39 on ESPN’s big board and is the lowest-ranked prospect on that list to be invited.

Ware (No. 24 on ESPN’s list) averaged 15.9 points and 9.9 rebounds this season in 30 games with Indiana after transferring from Oregon. Da Silva (No. 17 on ESPN) is a toolsy forward who spent all four seasons of his college career at Colorado. He averaged 16.0 PPG this season while making 39.5% of his 4.8 three-point attempts per game. Carrington (No. 19) made the ACC’s All-Freshman Team this season after averaging 13.8 PPG and 4.1 APG, establishing himself as a premier pull-up mid-range shooter.

Holmes, Ware, Da Silva and Carrington join France’s Zaccharie Risacher, Alex Sarr and Tidjane Salaun, Serbia’s Nikola Topic, UConn’s Donovan Clingan and Stephon Castle, Kentucky’s Reed Sheppard and Rob Dillingham, Duke’s Jared McCain and Kyle Filipowski, Colorado’s Cody Williams, Tennessee’s Dalton Knecht, Providence’s Devin Carter, Baylor’s Yves Missi and Ja’Kobe Walter, Kansas’s Johnny Furphy, Miami’s Kyshawn George, USC’s Isaiah Collier and the G League Ignite’s Matas Buzelis and Ron Holland as the 24 players who accepted invitations to the green room. Purdue’s Zach Edey also received an invite, which he declined.

We have more draft-related notes:

  • There’s plenty of room for change in the next week leading up to the draft, but for now James L. Edwards of The Athletic sees Sarr as the best prospect in this class and believes he’s the player the Hawks should take at No. 1 if they don’t trade down. In a new mock draft that also involves Kelly Iko and Josh Robbins, The Athletic has Risacher going second to the Wizards and Castle going third to the Rockets. Carter going No. 8 to the Spurs and Holland falling to No. 11 to Chicago are among some of the more intriguing picks in the mock.
  • The Ringer’s Kevin O’Connor doesn’t view Sarr or Risacher as the best players in this class, according to his latest big board, but still has Atlanta selecting Risacher in his latest mock. O’Connor lists Castle, Clingan and Buzelis as the best three players in the class, in that order. He has Holland as the 13th-best player and Bobi Klintman as the No. 18 prospect in the class. Terrence Shannon Jr., Nikola Djurisic and Trentyn Flowers are other prospects O’Connor has first-round grades on, deviating from the consensus. As for his mock, O’Connor has Sarr going second to Washington, Sheppard going third to Houston and Buzelis going fourth to San Antonio.
  • Former Florida and Seton Hall forward Tyrese Samuel has worked out for the Knicks, Spurs, Nets, Heat, Jazz, Bulls, Pelicans, Cavaliers, Raptors, Suns, Lakers and Pistons, NJ.com’s Adam Zagoria tweets. The 6-10 Samuel averaged 13.9 points, 7.4 rebounds, 1.1 steals and 1.1 blocks last season for Florida.

Moore’s Latest: Kings, Kuzma, Bulls, Bridges, Sixers, Jones, Grizzlies, More

The Kings are expected to return to the trade market this offseason with the same assets they offered Toronto for Pascal Siakam and OG Anunoby earlier in 2023/24, writes Matt Moore of ActionNetwork.com: Harrison Barnes, Kevin Huerter, and draft compensation.

While Sacramento will do its best to re-sign Malik Monk, the team only holds his Early Bird rights and will be limited to offering him up to $78MM over four years. If Monk ends up getting away, the Kings will likely feel some additional pressure to make a trade to upgrade its rotation — and will have some additional financial flexibility to add salary.

The Kings will likely circle back to the Wizards to discuss Kyle Kuzma, according to Moore, who says Sacramento has also talked to the Bulls about Zach LaVine and Alex Caruso. LaVine, whose price tag is believed to be lower now than it ever has been, could become a more attractive target if Monk departs, Moore adds.

Here are a few more items of interest from Moore’s latest look at free agency and the trade market:

  • The Sixers are expected to have interest in forward Miles Bridges in free agency, according to Moore. Philadelphia would have more than enough cap room to make a competitive offer for Bridges, especially if it misses out on its top targets. Moore reports that the Hornets are “known to be” fans of Bulls restricted free agent Patrick Williams, so he could be a target for Charlotte if the team loses Bridges.
  • Veteran point guard Tyus Jones, who was a full-time starter this past season for the Wizards, is expected to seek a deal worth north of $15MM annually, two sources tell Moore. Jones is the No. 15 free agent on our top-50 list.
  • There’s an expectation that the Grizzlies will look to add multiple centers this summer, Moore writes, noting that Nets big man Day’Ron Sharpe is a name to watch for Memphis. A Grizzlies offer for Sharpe could consist of a second-round pick and one of their bench wings, Moore adds.
  • The Grizzlies are also among the teams that have expressed interest in Hawks center Clint Capela, along with the Wizards, Pelicans, and Bulls, Moore says.
  • The free agent market for Heat forward Haywood Highsmith is expected to start around the taxpayer mid-level exception ($5.2MM), two team cap strategists tell Moore.

Western Draft Rumors: Rockets, Sheppard, Spurs, Castle, Nuggets, More

Both Jonathan Wasserman of Bleacher Report and Jonathan Givony and Jeremy Woo of ESPN.com (Insider link) have Reed Sheppard going to the Rockets at No. 3 in their most recent mock drafts. According to ESPN’s duo, Houston has shown “serious interest” in the former Kentucky guard, with both the front office and team ownership intrigued by his potential fit as a shooter and play-maker in the team’s rotation.

While that pick continues to be viewed as one that could get traded, the minimal perceived difference between No. 3 and picks latter in the lottery will make it difficult for the Rockets to get good value for it, Wasserman writes. But if a team does move up to No. 3 to nab a different player – perhaps Donovan Clingan – Sheppard shouldn’t fall much further than that, says Woo. The Spurs, who hold the No. 4 pick, are also believed to have interest in the former Wildcat, as are the Hornets at No. 6.

Here are some more draft notes and rumors from around the Western Conference:

  • According to Givony, Zaccharie Risacher and Sheppard looked like the Spurs‘ top two targets, but if they’re both picked in the top three, San Antonio may target a pair of guards at No. 4 and No. 8. Both ESPN and Bleacher Report have UConn’s Stephon Castle going to the Spurs fourth overall.
  • Sources tell Wasserman that the Spurs are also high on Providence guard Devin Carter, who has recently worked out for the Kings and Bulls. According to Woo, Carter has been one of the “hottest names on the workout circuit” and some teams now think he’ll be drafted in the top 10. Every team in the 8-to-11 range looks like a potential landing spot and there has been chatter suggesting a non-lottery team may try to trade up to land him, Woo adds.
  • Most teams are operating under the assumption that DaRon Holmes II has received a draft promise from the Nuggets, according to Givony, who says “several smoking guns” have pointed to Denver since the Dayton forward/center canceled multiple workouts and that it’s similar to what happened with Jalen Pickett a year ago. The Nuggets hold the No. 28 pick, though they might try to move back a few spots to draft Holmes for cap/tax reasons, Givony writes.
  • The Kings have explored trade options with the No. 13 pick in the draft, according to Woo. Sacramento’s 2025 first-rounder is owed to Atlanta, so while the Kings could agreed to a deal involving No. 13 on draft night, they’d have to select a player before officially moving it.
  • The Jazz, Trail Blazers, and Kings are among the teams that Purdue center Zach Edey has worked out for recently, and a visit to the Lakers may still be coming before draft night, says Givony.

Central Notes: Bulls Workout, Pistons, Vinson, Djurisic

The Bulls held a pre-draft workout on Monday that included Ron Holland, Terrence Shannon Jr, Ryan Dunn, Kyle Filipowski, Adem Bona and Justin Moore, Darnell Mayberry of The Athletic tweets.

The Bulls hold the No. 11 pick in the first round with Holland ranking as a potential selection with that lottery pick, Mayberry notes. Holland, who played for the G League Ignite, is rated No. 11 on ESPN’s Best Available list.

Shannon, a high-scoring guard out of Illinois, was recently found not guilty on felony charges of first-degree rape and sexual aggravated battery in Kansas. He’s moved up to No. 26 on ESPN’s list and could continue to climb, making him another possible option for the Bulls.

We have more from the Central Division:

  • Could the No. 5 overall pick help the Pistons acquire Kyle Kuzma, Jerami Grant or a future first-rounder? Omari Sankofa II of the Detroit Free Press explores three potential trade scenarios that could produce one of those outcomes.
  • The addition of Fred Vinson, a renowned shooting coach, to the Pistons’ staff could signal what new president of basketball operations Trajan Langdon plans to do this summer, according to James Edwards III of The Athletic. It’s logical that Vinson was brought in to help the young core with its shooting, rather than moving some of those players for veteran help. Edwards believes Detroit will use its ample cap space to bring in a few proven players via free agency to raise the team’s floor, while allowing young players like Ausar Thompson, Jaden Ivey, Jalen Duren and its lottery pick to be rotation pieces.
  • Shooting guard Nikola Djurisic worked out for the Pacers on Tuesday but that wasn’t the first time he visited their practice facility, Zion Brown of the Indianapolis Star notes. Djurisic also worked out for Indiana last year before withdrawing from the draft. He’s currently ranked No. 48 by ESPN and could be a consideration with one of the Pacers’ three second-round picks. “Last year, I wasn’t mature,” Djurisic said. “This year, I’m still a kid in my head. I think I grew as a person and as a basketball player.”

Bulls Have Fielded Numerous Offers For Caruso

The Bulls have fielded numerous inquiries and proposals regarding guard Alex Caruso, says Will Gottlieb of AllCHGO.com. According to Gottlieb, Chicago was offered multiple protected first-round picks ahead of this year’s trade deadline, with the Warriors among the teams who made a strong offer for Caruso. One of those proposed deals included a 2024 pick that ended up being a top-10 selection, per Gottlieb.

However, the Bulls have thus far resisted moving Caruso, with ownership pushing the front office to continue competing for the postseason rather than undergoing a major rebuild. Caruso is extension-eligible this summer.

Eastern Notes: Cavaliers, Nets, Bulls, Dawkins

In a conversation this week on the HoopsHype podcast, Michael Scotto of HoopsHype and Chris Fedor of Cleveland.com reiterated several points that they and other reporters have made in recent weeks, telling listeners that there’s optimism in Cleveland about a Donovan Mitchell extension, the Cavaliers aren’t looking to trade any of their four core players, and James Borrego and Kenny Atkinson look like the top candidates for the Cavs’ head coaching job.

Addressing Mitchell’s contract situation, Scotto notes that the star guard might sign a shorter-term maximum-salary contract that would set him up to get his next deal in 2027 once he has 10 years of NBA service under his belt and qualifies for a maximum salary worth 35% of the cap instead of 30%.

Mitchell isn’t the only Cavalier who could sign a big-money extension this offseason. Within a discussion about a potential rookie scale extension for Evan Mobley, Fedor predicts that the Cavs will put a maximum-salary offer on the table for the big man.

“He hasn’t played to that (max) level yet, but there’s so much belief in Evan as a person and him as a player inside this organization,” Fedor said. “… They understand that he’s already one of the elite defensive players in the NBA. That’s already where he’s at, and they believe he can get to a point offensively where he becomes the unicorn type of player they’ve talked about him being since he came into the NBA. I don’t think the Cavaliers are going to hesitate to offer him the max extension.”

Even if Mitchell and Mobley are extended, the Cavaliers would likely have to be “blown away” to consider moving Darius Garland or Jarrett Allen, according to Fedor. While the Pelicans have been widely viewed as a potential trade partner Cleveland, Scotto says he doesn’t get the sense Cleveland is all that excited about the idea of trading for Brandon Ingram and then having to sign him to a lucrative new contract.

Here’s more from around the Eastern Conference:

  • Despite not having any picks in the 2024 draft and no cap room this offseason, the Nets have several important decisions to make, according to Brian Lewis of The New York Post (subscription required), who examines Nic Claxton‘s free agency, Mikal Bridges‘ future, and the possibility of trading into the draft. According to Lewis, the Nets aren’t interested in acquiring a draft pick just to have one, but they figure to monitor specific targets and prepare to pounce if any of those targets drop past their expected draft range.
  • Given how many different directions the Bulls‘ offseason could take, there’s no shortage of prospects who might make sense for the team with the No. 11 pick in the draft, writes Joe Cowley of The Chicago Sun-Times. Cowley examines several of those options, including Ron Holland, Cody Williams, and Dalton Knecht. He also mentions center Donovan Clingan, citing a source who says the Bulls have discussed the possibility of trading up from No. 11.
  • Wizards general manager Will Dawkins spoke to Marc J. Spears of Andscape about being accused of shoplifting at a Saks Fifth Avenue in Miami last fall. Dawkins was briefly detained by a security guard and local police before they realized they had the wrong person. Saks issued a formal apology to Dawkins on Thursday.

Maurice Cheeks Joining Knicks As Assistant Coach

Veteran Bulls assistant coach Maurice Cheeks is switching Eastern Conference franchises. He’s joining the Knicks as an assistant coach under head coach Tom Thibodeau, reports Adrian Wojnarowski of ESPN (via Twitter).

According to K.C. Johnson of NBC Sports Chicago (Twitter link), Cheeks had intended to step into more of an advisory position with Chicago before the Knicks opportunity emerged. Fred Katz of The Athletic tweets that Thibodeau and Cheeks are longtime friends.

Cheeks, a Hall of Fame point guard and 1983 champion with the Sixers, has served as the head coach of the Trail Blazers, Sixers, and Pistons. He has a 305-315 overall record in the regular season across those three head coaching stints, having made the playoffs in three of his nine seasons.

Since 2015, Cheeks has worked on the staffs of head coach Billy Donovan, first with the Thunder through 2020, and since with the Bulls.

Now, after two years of play-in tournament futility in Chicago, Cheeks will be joining Thibodeau on a New York club that seems poised to be an East contender for years to come, with plenty of draft assets and movable contracts with which it can conceivably improve its personnel.

During Thibodeau’s four seasons with the Knicks, New York has gone 175-143 in the regular season and 14-15 in the playoffs, reaching the second round twice. Thibodeau was named the 2020/21 Coach of the Year during his inaugural season leading the team. This year, beset by a growing injury report, New York fell in a seven-game conference semifinal series to the Pacers.

Central Notes: Pistons, Ham, Bucks, Cavaliers

Reports that the Bulls, Trail Blazers and Grizzlies are all interested in moving up in the draft could create some trade options for the Pistons with the No. 5 pick, writes James L. Edwards of The Athletic. He explores potential deals with all three teams that would still leave Detroit with a first-round selection.

Edwards’ proposed trade with Chicago is a swap for No. 11 in this year’s draft, plus a top-four protected pick in 2027. That would allow the Pistons to pick up some future draft capital and still wind up with a prospect such as Colorado’s Cody Williams, G League wing Ron Holland or French forward Tidjane Salaun.

Edwards suggests helping Portland clear cap space by taking Jerami Grant, the No. 14 pick and possibly Matisse Thybulle in exchange for No. 5. That could speed up the Blazers’ rebuilding process by giving them two selections in this year’s top seven while saving them about $40MM next season.

With Memphis, Edwards proposes parting with the fifth pick in exchange for the ninth choice in this year’s draft and a top-four protected pick in 2025. That gives Detroit an extra selection in what’s projected to be a stronger draft next near, while Memphis has a better shot to land a center such as UConn’s Donovan Clingan.

There’s more from the Central Division:

  • Darvin Ham, who was fired by the Lakers last month after their first-round playoff loss, will rejoin the Bucks as the top assistant to Doc Rivers, sources tell ESPN’s Adrian Wojnarowski (Twitter link). Before being hired by L.A., Ham spent four years in Milwaukee, where he built a reputation as one of the league’s top assistant coaches.
  • Eric Nehm of The Athletic kicks off a series of Bucks draft previews by looking at guards who could still be on the board at No. 23 and 33. Nehm profiles Pitt’s Carlton Carrington, Marquette’s Tyler Kolek, A.J. Johnson, who played in Australia this season, UC Santa Barbara’s Ajay Mitchell, Creighton’s Trey Alexander, Houston’s Jamal Shead, UConn’s Cam Spencer and Colorado’s KJ Simpson.
  • Speaking on the Wine and Gold podcast, Chris Fedor of Cleveland.com said he doesn’t expect Dan Hurley‘s decision on the Lakers‘ coaching job to impact the Cavaliers‘ search. Fedor considers James Borrego to be the current front-runner in Cleveland, and he speculates L.A. will turn to J.J. Redick if Hurley declines the team’s offer.