JULY 7th, 8:07pm: The trade is official, the Bulls announced via press release.
JULY 6th, 9:22pm: The Lakers and Bulls have agreed to a trade that will send Jose Calderon to Los Angeles, Adrian Wojnarowski of The Vertical reports (Twitter link). It’s unknown what Chicago is receiving in return, though with the team looking to clear cap room, it’s not likely to be a player.
Chicago had acquired Calderon as part of the Derrick Rose trade with New York and needed to clear his cap hit in order to ink Dwyane Wade, who has reportedly agreed to a deal with the team. Also being shipped out of Chicago tonight is Mike Dunleavy. The Nets were close to acquiring Calderon before Los Angeles swooped in, Marc Stein of ESPN.com tweets.
Calderon appeared in 72 games for the Knicks this past season and averaged 7.6 points, 3.2 rebounds and 4.1 assists in 28.1 minutes per outing. His slash line was .459/.414/.875.