Chicago Bulls Rumors | Hoops Rumors

Bulls Extend Qualifying Offer To Patrick Williams

June 24th, 2024 at 7:32pm CST by Dana Gauruder

The Bulls have issued a qualifying offer to forward Patrick Williams, making him a restricted free agent, Jake Fischer of Yahoo Sports tweets.

Williams’ qualifying offer is worth $12.97MM. Chicago will now have the option of matching an offer sheet for the No. 4 pick of the 2020 draft.

Williams has not lived up to his draft billing but he’s still only 22 and could still become an impact player. This past season, he averaged 10.0 points, 3.9 rebounds and 1.5 assists per night in 43 games, including 30 starts. He has made 41% of his 3-point attempts over the course of his career.

Williams’ season was cut short by left foot surgery in February after being diagnosed with a foot stress reaction. He played his last game on Jan. 25. He was limited to just 17 contests in ’21/22 due to a wrist injury, though he appeared in all 82 games the following season.

A sign-and-trade scenario could develop, as several teams could be intrigued by Williams’ untapped potential. The Thunder are one team that has been linked to Williams.

Kings Rumors: No. 13 Pick, Caruso, Fox, Siakam, Kuzma, LaVine

June 24th, 2024 at 4:31pm CST by Luke Adams

The Kings‘ No. 13 overall pick is “very available” in trade talks, according to Anthony Slater and Sam Amick of The Athletic, who report that Sacramento included that lottery selection in an offer for Alex Caruso before the Bulls decided to send the veteran guard to Oklahoma City instead.

As Slater and Amick detail, the Kings have brought in several late-lottery prospects for pre-draft workouts, including Purdue center Zach Edey. Former Duke standout Jared McCain also recently visited Sacramento for a workout, reports Jason Anderson of The Sacramento Bee. However, there’s “more of an appetite” within the organization to add a veteran who could help the team win right away instead of a rookie, according to The Athletic’s report.

The ideal outcome for Sacramento, Slater and Amick write, would be acquiring a “mid-prime” player who can grow with the core of De’Aaron Fox, Domantas Sabonis, Keegan Murray, and Malik Monk. The Kings believe they have a three-to-six year window to contend with those players and would be willing to attach extra draft assets to this year’s No. 13 pick for the right trade target.

Here’s more on the Kings from The Athletic:

Fox will be extension-eligible starting in July, but he has decided he won’t sign a new contract this offseason, sources tell Slater and Amick. The star guard has two guaranteed years left on his current deal, so there’s no urgency to get anything done yet. Fox wants to see how the roster takes shape and could also still qualify for a super-max extension if he makes an All-NBA team in 2024/25.
The Kings came close to acquiring Pascal Siakam from Toronto before he was sent to Indiana, having backed off in large part because they weren’t confident about their chances of re-signing him. League sources tell The Athletic that there’s some level of regret within the organization about not pulling the trigger and trying to convince the star forward to sign long-term.
Ever since nearly trading for Kyle Kuzma in 2021, Kings general manager Monte McNair has maintained some level of interest in the Wizards forward, who is expected to be on Sacramento’s radar again this summer. League sources also confirm to Slater and Amick that Bulls guard Zach LaVine is a possible target for the Kings, though they’d likely have to be incentivized to take on his maximum-salary contract, which still has three years remaining.
After coming off the bench for the past two seasons, Monk has expressed a desire to start, but he agreed to re-sign with the Kings without having received any assurances about his role going forward, per Slater and Amick.

Central Rumors: LaVine, Bulls, Pistons, Cade, Bucks, Cavs, More

June 24th, 2024 at 2:01pm CST by Luke Adams

The Bulls continue to seek a deal involving Zach LaVine, but last week’s four-year, $78MM contract agreement between the Kings and Malik Monk may have removed a prime suitor from the picture, according to Michael Scotto of HoopsHype, who says some rival executives believe retaining Monk will take Sacramento out of talks for LaVine. As Scotto has previously reported, Kings wing Kevin Huerter has fans within Chicago’s front office, so if the two teams did explore a trade involving LaVine, it seems safe to assume Huerter would be involved.

In other Bulls news, Chicago is interested in re-signing center Andre Drummond, league sources tell Scotto. The big man will be an unrestricted free agent this summer after spending the past two seasons backing up Nikola Vucevic.

Scotto also states that – prior to last week’s Alex Caruso/Josh Giddey swap – there was a belief around the league that the Bulls and Thunder would consider a possible sign-and-trade deal involving Patrick Williams. It’s unclear if that idea is off the table now or if the two clubs will look into making a second offseason trade.

Finally, Scotto reports that before they struck deals to add Wes Unseld Jr. and Dan Craig to Billy Donovan‘s coaching staff, the Bulls also reached out and talked to former head coaches Nate McMillan and Dwane Casey.

Here are a few more items of interest from around the Central:

The Pistons – along with the Magic – were expected to be in the mix for Monk before he reached an agreement to return to Sacramento, according to Scotto, who says Detroit will continue to explore the trade and free agent markets for shooting help this offseason.
Elsewhere on the Pistons front, Scotto writes that a number of executives around the NBA believe Detroit will come to terms on a maximum-salary rookie scale extension for former No. 1 pick Cade Cunningham.
The Bucks, still very much in win-now mode, are open to the idea of trading the No. 23 pick in the draft, league sources tell Scotto. Executives with rival teams also get the sense that Milwaukee would be willing to move Bobby Portis and/or Pat Connaughton in order to upgrade the roster, though Scotto notes that both players have come up in trade talks in the past and nothing has come of it to this point.
James Borrego was considered the frontrunner for the Cavaliers‘ head coaching job last week before the front office met with team owner Dan Gilbert, per Shams Charania, Joe Vardon, and Jason Lloyd of The Athletic. After that meeting between management and Gilbert, Kenny Atkinson‘s candidacy “gained considerable momentum,” The Athletic’s trio adds. Assistant coaches Jordan Ott and Trevor Hendry, who worked with Atkinson in Brooklyn, are viewed as potential additions to his new staff in Cleveland, notes Scotto.

Sixers Rumors: George, Butler, Anunoby, KCP, LaVine, Maxey

June 24th, 2024 at 11:18am CST by Arthur Hill

A report last week suggested the Sixers‘ interest in acquiring Clippers star Paul George has “waned,” but sources tell Michael Scotto of HoopsHype that Philadelphia still has “significant interest” in signing George if he opts for free agency.

George, the number one name on our list of this year’s top 50 free agents, has until Saturday to decide whether to exercise his $48.8MM option for next season. If George is unable to reach an extension agreement with L.A. by then, he can either decline the option and test free agency or opt in and demand a trade.

George has long been considered an offseason priority for Philadelphia, which has the ability to create more than $60MM in cap room. The Magic are among the teams that are also expected to pursue George if he reaches the open market.

Sources inform Scotto that a trade for Heat forward Jimmy Butler remains a viable option for the Sixers if they can’t acquire George. Butler spent most of the 2018/19 season in Philadelphia before being traded to Miami and has maintained a strong relationship with Joel Embiid.

Another option, according to Scotto, could be a “short-term, higher market average annual salary” deal with Knicks free agent forward OG Anunoby. Scotto also hears the Sixers may also offer Nuggets guard Kentavious Caldwell-Pope a two-year contract similar to what Bruce Brown got last year, with a large salary for next season and a team option for 2025/26.

There’s more on the Sixers, all courtesy of Scotto:

Sources tell Scotto that Philadelphia has less interest in trading for Bulls guard Zach LaVine now that Alex Caruso can no longer be part of the deal. Caruso was shipped to Oklahoma City on Friday in a trade for Josh Giddey. The Sixers are reluctant to take on the three years and $138MM left on LaVine’s contract without other assets attached.
Tyrese Maxey is considered virtually certain to sign a max extension this summer, but Klutch CEO Rich Paul may want something in return for waiting a year while the team worked to maximize its cap space, Scotto adds. He suggests Paul might ask for a player option on the final year of Maxey’s next contract, along with a 15% trade kicker.
With Buddy Hield possibly departing in free agency, Scotto sees Baylor guard Ja’Kobe Walter as a potential replacement in the draft. He notes that Walter has a 6’10” wingspan and is considered a much better perimeter defender than Hield.

Eastern Notes: Cavs, Atkinson, Bulls, Sixers, Knicks, Hawks

June 21st, 2024 at 8:38pm CST by Luke Adams

After previously reporting that James Borrego was viewed as the frontrunner for the Cavaliers‘ head coaching job, Marc Stein says (via Twitter) he heard multiple times on Friday that Kenny Atkinson‘s candidacy for the job is “gaining steam.”

Atkinson was identified early in the Cavs’ search process as the potential frontrunner, but multiple reporters – including Stein and Chris Fedor of Cleveland.com – have said in recent weeks that Borrego appeared to have the edge. Those two former head coaches have been linked to the job most frequently and it certainly seems like one of them will end up being hired, but that’s not a lock. According to Stein, Timberwolves assistant Micah Nori also remains in the mix for Cleveland.

If the Cavaliers wrap up their search and make a decision soon, it will have an impact on their division rivals in Detroit. Both Borrego and Nori are expected to interview for the Pistons‘ head coaching vacancy.

Here’s more from around the Eastern Conference:

The Bulls‘ acquisition of Josh Giddey signals that the team isn’t sold on the idea of a Lonzo Ball comeback, according to K.C. Johnson of NBC Sports Chicago, who adds that director of player development and shooting coach Peter Patton has an “important project on his hands” in Chicago’s new lead guard, a career 31.0% three-point shooter. In his own look at the trade, Jon Greenberg of The Athletic contends that it’s “inexcusable” for the Bulls to make this kind of deal without acquiring any draft picks.
USC guard Isaiah Collier visited the Sixers this week for a pre-draft workout, a source tells Kyle Neubeck of PHLY Sports (Twitter link). Once considered a possible top pick in this year’s draft, Collier has slipped to No. 23 on ESPN’s big board, so he could be available for Philadelphia at No. 16.
Yongxi Cui (China), David Jones (Memphis), Spencer Jones (Stanford), Ajay Mitchell (UCSB), and Antonio Reeves (Kentucky) were among the players to work out for the Knicks on Friday, tweets Stefan Bondy of The New York Post. Bondy adds (via Twitter) that Arizona’s Keshad Johnson worked out for New York earlier this month.
The Hawks are hiring Ben Peterson away from the NFL’s San Francisco 49ers and will make him their VP of player health and performance, sources tell Tom Pelissero of NFL Network (Twitter link). Pelissero’s report on Peterson, who was said to be “well-regarded” in San Francisco, has been confirmed by Lauren L. Williams of The Atlanta Journal-Constitution (Twitter link).

Free Agent Rumors: DeRozan, Harris, Eubanks, Ntilikina, Hezonja, Holiday

June 21st, 2024 at 4:58pm CST by Luke Adams

Although the Bulls and DeMar DeRozan have both publicly expressed interest in continuing their relationship, there’s not as much momentum toward a new deal for DeRozan as there was at this time last year for Nikola Vucevic, writes K.C. Johnson of NBC Sports Chicago. Vucevic ultimately ended up agreeing to an extension with the Bulls on June 28, two days before free agency began.

Johnson cautions that the situation could change quickly, noting that a new agreement between DeRozan and the Bulls remains very possible. However, Johnson wonders if the Josh Giddey/Alex Caruso trade will change the equation at all for the veteran forward. As comfortable as DeRozan is in Chicago, he also wants to win, and he was a big fan of Caruso, who seems better suited than Giddey to help a team contend in the immediate future.

Here are a few more notes and rumors on this offseason’s free agents:

The Mavericks and Jazz are among the teams with free agent forward Tobias Harris on their radar, reports Ian Begley of SNY.tv. While Utah has plenty of cap flexibility, Dallas projects to be in luxury tax territory, so their path to adding Harris would be trickier unless they can shed some salary, get him to accept a below-market deal, or pull off a sign-and-trade (while remaining below the first tax apron).
The Suns and Drew Eubanks haven’t closed the door on working out a new deal, even with the center turning down his 2024/25 player option, reports Duane Rankin of The Arizona Republic. Rankin cites mutual interest between the two sides, adding that Eubanks has been working out in Phoenix and has been in touch with new head coach Mike Budenholzer. However, he says the big man will test the free agent market.
Former NBA lottery pick Frank Ntilikina has signed a contract with KK Partizan, the Serbian club announced in a press release. According to Fred Katz of The Athletic (Twitter link), the guard signed a two-year contract that includes an NBA out after the first season.
The new contract that Mario Hezonja – another former NBA lottery pick – agreed to with Real Madrid also includes an NBA out, tweets Shams Charania of The Athletic. Hezonja has until July 19 to exercise that out clause for 2024/25, according to Charania, who hears from sources that the 29-year-old wing has drawn some interest from NBA teams.
Nuggets wing Justin Holiday, who is on track for unrestricted free agency, has hired new representation. Octagon Basketball announced (via Twitter) that it has added Holiday to its roster of clients.
John Hollinger of The Athletic shared his list of this summer’s top 25 free agents, while Keith Smith of Spotrac made his predictions for the player and team option decisions that must be made by June 29. Hollinger’s list, which uses his BORD$ formula, includes players like Saddiq Bey and Spencer Dinwiddie in the top 20, though Hollinger acknowledges that they’re unlikely to get the kind of salaries that BORD$ projects.

Fischer’s Latest: Bridges, Bulls, Kings, Magic, Smart, More

June 21st, 2024 at 4:32pm CST by Rory Maher

Free agent forward Miles Bridges‘ could receive $30MM+ annually on his next contract, league sources tell Jake Fischer of Yahoo Sports. However, it remains to be seen if that money will come from the Hornets or another team.

According to Fischer, Charlotte is “believed to be open” to sign-and-trade concepts involving Bridges if the right opportunity arises. Sources tell Fischer the Nets discussed a Bridges trade concept with Charlotte in February that would have sent Ben Simmons to Charlotte. The Kings also inquired about Bridges ahead of the deadline, per Fischer.

As Fischer writes, the Hornets are viewed as a “salary-dumping ground” this summer as their new front office and head coach spearhead a rebuild. The same is true of the Pistons, who are looking for a new coach after dismissing Monty Williams.

Bridges’ market value has been difficult to gauge due to his off-court history, which includes multiple domestic violence allegations. One of those cases was dropped, but the other caused him to miss the entire 2022/23 season after he pleaded no contest (accepting punishment without formally admitting guilt).

Here’s more from Fischer:

Confirming previous reporting, Fischer hears the Bulls remain active in trade talks around the league. The Thunder, Raptors and Hornets are among the teams with interest in restricted free agent Patrick Williams, Fischer writes.
The Kings appear to be the most likely suitor right now for Zach LaVine, according to Fischer, who adds that Sacramento has continued shopping Harrison Barnes and Kevin Huerter in trade talks. Huerter, in particular, has drawn a “healthy amount external interest.” Still, the Bulls haven’t gained serious traction on a potential LaVine deal in several months despite being active in negotiations, sources tell Fischer. The Kings are also contemplating moving the No. 13 pick in next week’s draft, Fischer adds.
In previous trade windows, the Bulls pushed for unprotected picks when discussing Alex Caruso, sources tell Fischer. One scenario saw the Bulls push for four first-rounders, though presumably that total would have included protected picks. Chicago officially traded Caruso to Oklahoma City on Friday for Josh Giddey.
Fischer confirms LaVine is a “backup option” for the Sixers and their significant cap room. Fischer also suggests (via Twitter) the 76ers shouldn’t be ruled out as a landing spot for Paul George, despite a report from Shams Charania of The Athletic stating that their interest in George has waned as of late.
Fischer says the Magic are looking for a veteran wing who can space the floor, naming Kentavious Caldwell-Pope as perhaps their top target. If they lose Williams, the Bulls could have interest in Caldwell-Pope, with the Sixers another potential landing spot depending on how things work out with other targets. There are scenarios in which Orlando would exercise its $11MM team option on Joe Ingles as well, sources tell Fischer. Fischer previously touched on Klay Thompson‘s fit with the Magic.
The Grizzlies, who control the No. 9 pick, are known to be looking for big men, with UConn’s Donovan Clingan one draft target in a move-up scenario. However, Fischer hears from sources who say Memphis is also open to moving back in the draft. The Grizzlies are unwilling to move Marcus Smart, but Luke Kennard has drawn “strong interest” in trade talks, according to Fischer — the team holds a $14.7MM option on Kennard for 2024/25.

Thunder Trade Josh Giddey To Bulls For Alex Caruso

June 21st, 2024 at 10:43am CST by Rory Maher

The Thunder have officially traded Josh Giddey to the Bulls for Alex Caruso, the two teams confirmed in press releases. Our full trade breakdown from Thursday can be found here.

While Chicago’s statement doesn’t have any quotes from the front office, Thunder head of basketball operations Sam Presti was remarkably transparent, at least from his perspective, about how and why the trade transpired.

“We want to thank Josh for his many contributions to our team and know he will capitalize on the opportunities before him in Chicago.

“When we drafted Josh in 2021 he was an essential aspect of our vision for the next iteration of the Thunder. Since then, our team has evolved rapidly and dynamically in ways we could never have anticipated. Therefore, as we began our internal discussions this offseason, it was determined that bringing Josh off the bench next season was our best option to maximize his many talents and deploy our team more efficiently over 48 minutes.

“As we laid out to Josh how he could lean into his strengths and ultimately optimize our current roster and talent, it was hard to for him to envision, and conversations turned to him inquiring about potential opportunities elsewhere. As always was the case, Josh demonstrated the utmost professionalism throughout the discussions. Josh has All-Star potential, but accessing that in the current construct of the Thunder would not be optimal for the collective. Based on these discussions we decided to move forward and prioritize what was best for the organization.

“Alex Caruso is a player we have always highly valued and followed. He is the quintessential Thunder player; he is an exceptional competitor and teammate with a multi-dimensional skillset. His presence and game will help elevate the core of our team as we continue to strive to build a sustainably elite program in Oklahoma City. Alex is a player that began his professional career with the Thunder/Blue and the opportunity to add him was something we felt would truly enhance our team and culture. We could not be more excited to see Alex in Thunder blue (again).”

A former sixth overall pick who is still only 21 years old, Giddey was brought off the bench for the first time in his career during the Thunder’s second-round series vs. Dallas due to shooting and defensive struggles. The Australian guard/forward, who is a very talented rebounder and passer, will be a restricted free agent next summer if he doesn’t sign a rookie scale extension with Chicago this offseason.

Caruso, meanwhile, has become one of the NBA’s best perimeter defenders, earning All-Defensive team nods each of the past two seasons. He’s also a more accomplished shooter than Giddey, with superior accuracy (38.0% vs. 31.0%) from three-point range during his career. The 30-year-old is headed for unrestricted free agency in 2025 if he doesn’t sign an extension before the 2024/25 campaign ends.

Atlantic Notes: Randle, LaVine, Sixers, Newton, Nets, Stevens

June 20th, 2024 at 8:03pm CST by Luke Adams

Appearing on the latest episode of the 7PM in Brooklyn podcast (YouTube link), Knicks forward Julius Randle spoke about the frustrating process of trying to rehab his right shoulder injury during the second half of the 2023/24 season in the hopes of making it back for the playoffs, only to ultimately opt for season-ending surgery.

“I’m rehabbing for two-and-a-half months, knowing my shoulder ain’t good,” Randle said (hat tip to Stefan Bondy of The New York Post. “So it’s a situation where it’s like, ‘Do I play and know that I’m going to miss six or seven months after we’re done playing?’ So I’m probably not playing until the next year. And I’m not good. So can I help the team? I don’t think I can get a rebound. I can’t fall. I feel like if I fall my shoulder is going to come out. So I’m dealing with that.

“I’m also dealing with the part like I feel selfish, like I’m letting the guys down. Then it came to the point where I don’t even want to be around because I’m trying to work to come back but I feel like I’m a distraction. I feel like an outcast. I’m like, let me just stay away, they’re doing great, let me just be around and support when I can. So I had to get out of my own way of my own ego and be like, all right, once I made that decision, deal with it, and keep moving and support the best way you can. But that s–t was tough.”

Randle underwent surgery on his troublesome shoulder in early April, with the Knicks announcing that he would be reevaluated in five months. That would put his evaluation on track for early September, with no guarantee that the star forward will be ready for training camp a few weeks later. However, Randle suggested he feels good about the progress he’s made — and about his chances of being ready to go in the fall.

“I’m getting there. It’s a process. It’s something that’s going to take a long time. I knew that going into it,” he said. “But I’m ahead of schedule, I’m feeling good. I’m healthy. I’ll be ready when the season starts.”

Here’s more from around the Atlantic:

K.C. Johnson of NBC Sports Chicago reported earlier today that the Sixers are among the teams that have talked to the Bulls about Zach LaVine, then reiterated that report in a story published this evening following Chicago’s Alex Caruso/Josh Giddey trade agreement with Oklahoma City. However, a league source tells Kyle Neubeck of PHLY Sports (Twitter link) that Philadelphia isn’t interested in pursuing LaVine.
UConn’s Tristen Newton was among the prospects who took part in the Sixers‘ pre-draft workout on Thursday, tweets Keith Pompey of The Philadelphia Inquirer. Newton is the No. 66 prospect on ESPN’s big board.
Eben Novy-Williams and Scott Soshnick of Sportico provide more information on the minority stake that Julia Koch and her family are buying in BSE Global, the parent company of the Nets. The deal will include $688MM in cash, per Sportico, with much of that money being put toward outstanding debts.
Brad Stevens coached a number of the players who helped lead the Celtics to a title this spring and acquired several of the others. Michael Pina of The Ringer takes a look at the role the head-coach-turned-executive played in Boston winning its record-setting 18th championship.

Bulls, Thunder To Swap Alex Caruso, Josh Giddey

June 20th, 2024 at 4:11pm CST by Luke Adams

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.