Trail Blazers Trade Noah Vonleh To Bulls

5:13pm: The trade is now official, the Blazers announced in a press release.

1:26pm: The Trail Blazers have agreed to trade Noah Vonleh and cash to the Bulls in exchange for the draft rights to Milovan Rakovic, reports ESPN’s Adrian Wojnarowski (via Twitter). While the deal will hardly be the biggest blockbuster of the day, it’s an important one for Portland — the team will get under the luxury tax as a result of the move.

Vonleh, 22, was the ninth overall pick in the 2014 draft, but hasn’t developed into the sort of impact player that the Hornets – and then the Blazers – hoped for. In 2017/18, he has appeared in 33 games for Portland, starting 12. In 14.4 minutes per contest, Vonleh averaged 3.6 PPG and 5.1 RPG.

While the Blazers sneak below the tax line as a result of dumping Vonleh’s $3.5MM salary, the Bulls will move closer to the salary floor by taking on the rest of that contract. If Chicago likes what it sees from Vonleh down the stretch, the club will have the option of making him a restricted free agent with a qualifying offer this offseason.

Portland also created a trade exception worth $3,505,233 (Vonleh’s salary) in the transaction.

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