Bulls Rumors

Timberwolves, Bulls Discussing Dunn, Butler Deal

8:41pm: The Bulls’ negotiations with the Celtics at No. 3 for Dunn were more serious than their talks with the Wolves for Dunn, according to K.C. Johnson of the Chicago Tribune (Twitter link). ESPN’s Ramona Shelburne adds that Chicago was listening on Butler, rather than shopping him.

Shelburne agrees that the Bulls’ talks with Boston more serious than their discussions with Minnesota, and says Butler looks poised to stay put for now. According to Marc Stein of ESPN.com (Twitter link), the Wolves haven’t given up on a potential deal, but the longer they go without an agreement, the less likely it is to happen.

8:06pm: There are plenty of conflicting reports out there on the Bulls/Timberwolves talks now. ESPN’s Marc Stein tweets that discussions are in the advanced stages, and other reporters have suggested the deal is still very much in play. However, NBA.com’s David Aldridge (Twitter link) has been told there’s “no chance” of the trade being completed, and some reporters have echoed that report as well.

7:45pm: The Bulls and Wolves continue to have “serious talks” about a trade that would involve Butler and Dunn, reports Adrian Wojnarowski of The Vertical (via Twitter). According to K.C. Johnson of the Chicago Tribune (via Twitter), there is a strong sentiment within the Bulls front office to enter full rebuilding mode and trade for Dunn. There’s “rising optimism” on both sides that a deal can get done, tweets Marc Stein of ESPN.com.

7:22pm: The Timberwolves are still trying to get the Bulls to agree to a deal involving Jimmy Butler and Providence point guard Kris Dunn, tweets Marc Stein of ESPN.com. A potential deal between Minnesota and Chicago broke down earlier because the Bulls wanted Zach LaVine to be included rather than Ricky Rubio, according to Shams Charania of The Vertical (Twitter link).

The Bulls and Sixers were both trying to obtain the No. 5 selection before the Wolves took Dunn, Stein tweeted. Philadelphia offered the same package to Minnesota that it presented Boston for the third pick, according to Jon Krawczynski of The Associated Press (Twitter link).

If the Timberwolves hold onto Dunn, that probably means Rubio’s days in Minnesota are numbered, tweets Adrian Wojnarowski of The Vertical, who adds that Rubio has been shopped all week. The initial feeling is that the Wolves are likely to hold onto Dunn, despite aggressive offers from interested teams, according to Stein (Twitter link). Dunn was atop the draft board of new coach executive Tom Thibodeau, Wojnarowski reports (Twitter link).

Trade Rumors: Butler, LaVine, Russell, Gay

The Bulls and Celtics are still discussing a deal involving Jimmy Butler, tweets Adrian Wojnarowski of The Vertical. Chicago, which traded Derrick Rose to the Knicks on Wednesday, reportedly wants to draft Providence point guard Kris Dunn, but isn’t enamored with Boston’s latest offer, according to K.C. Johnson of The Chicago Tribune (Twitter link).

More trade rumors are heating up as the draft is under way:

  • Another deal the Bulls received came from the Timberwolves, who offered the fifth pick and Zach LaVine, tweets Ian Begley of ESPN.com. Minnesota is willing to listen to offers for anyone besides Andrew Wiggins and Karl-Anthony Towns, tweets Darren Wolfson of 1500 ESPN Twin Cities, but he doesn’t believe that offer will be enough to land Butler.
  • The Kings have been “heavily engaged in trade talks” with several teams this week and are targeting Lakers‘ point guard D’Angelo Russell, tweets Marc Stein of ESPN. Sacramento is seeking a possible replacement for starting point guard Rajon Rondo, who is headed toward free agency.
  • Before picking up Thaddeus Young in a deal with the Nets today, the Pacers talked to the Kings about Rudy Gay, according to Wojnarowski.

Sixers Offering Noel, Covington, Picks For No. 3

The Sixers have put Nerlens Noel, Robert Covington, the No. 24 overall pick, and the No. 26 pick on the table in their talks with the Celtics for the third overall pick, reports ESPN’s Marc Stein (via Twitter). Stein reports (via Twitter) that Boston has been holding out for a better offer, with Jimmy Butler at or near the top of Danny Ainge‘s list of targets.

Philadelphia has already nabbed Ben Simmons with the first overall pick tonight, and is believed to be targeting Kris Dunn at No. 3. According to David Aldridge of NBA.com (via Twitter), the Sixers believed a few hours ago that the Celtics and Bulls were “far along” on a trade involving Butler, but that doesn’t seem to be the case anymore.

Still, the C’s and Bulls have had extensive discussions involving Butler. K.C. Johnson of the Chicago Tribune tweets that, in addition to the No. 3 pick, Jae Crowder has been a part of those discussions. Avery Bradley is a potential piece as well, tweets Johnson.

Draft Rumors: Sixers, Noel, Magic, Butler, Raps

The 76ers have had “significant engagement” with the Celtics in the last 24 hours, and those trade talks are continuing, per Adrian Wojnarowski of The Vertical (Twitter link). However, Wojnarowski reports that Philadelphia has also recently been in touch with the Timberwolves (No. 5) and Kings (No. 8). According to Michael Scotto of The Associated Press (Twitter link), the Sixers are dangling Nerlens Noel and their two picks near the end of the first round (Nos. 24 and 26) in an effort to pick up a second top-eight pick.

Here are a few more draft rumors and updates from around the NBA:

  • There have been reports that some teams with high picks tonight – such as the Celtics at No. 3 or the Timberwolves at No. 5 – are willing to include those selections in a package for Jimmy Butler. Frank Isola of the New York Daily News suggests (via Twitter) that the Magic are also among the teams pursuing Butler, but according to K.C. Johnson of The Chicago Tribune (via Twitter), the Bulls forward is under the impression that Chicago intends to keep him.
  • If none of the consensus top eight players on draft boards slip to No. 9 for the Raptors, GM Masai Ujiri may end up taking Kentucky’s Skal Labissiere, according to ESPN’s Chad Ford (Twitter link), who is hearing “strong rumblings” about Toronto’s interest in the big man.
  • League sources tell Paul Coro of The Arizona Republic that Washington’s Marquese Chriss is believed to be the Suns‘ preferred target at No. 4, assuming he’s available. John Gambadoro of Arizona Sports 98.7 tweets that he expects Phoenix to take either Chriss or Dragan Bender, adding that he doesn’t believe Buddy Hield or Jamal Murray are in play.
  • Ford (ESPN Insider-only link) and Jonathan Givony of The Vertical have both updated their mock drafts today to reflect the latest info they’re hearing from around the league.

Gar Forman On Derrick Rose Trade

The Bulls missing the playoffs this season signaled to the front office that it was time to try a new approach, which led Chicago to trade Derrick Rose to the Knicks, Sam Smith of Bulls.com relays. “We had this window of opportunity,” GM Gar Forman said at a press conference Wednesday. “Obviously, injuries played a part where we couldn’t reach our ultimate goal to be a championship team. But we thought we had a window to compete at a high level. But through injuries and age… we felt that window was coming to a close.

A year ago you could start to see signs it was coming to a close,” Forman added. “But we didn’t have a lot of [financial] flexibility and we wanted to give the group as it was another year to see where we could go. We also talked about putting together a plan moving forward. We feel we need to get younger, get more athletic; obviously, we need to find players who will fit the style of play [Bulls coach] Fred [Hoiberg] wants to play and fit the players we have on our team. In making this trade, we feel it’s the first step in that direction.”

Knicks Acquire Derrick Rose From Bulls

The Knicks and Bulls have agreed to deal that sends Derrick Rose to New York, along with Justin Holiday and a 2017 second-round pick. In exchange, Chicago receives Robin Lopez, Jerian Grant and Jose Calderon. Both teams have officially confirmed the move, with the Knicks announcing that they’ve also waived guard Tony Wroten as part of the deal.Derrick Rose

[RELATED: Knicks among teams Dwight Howard would consider]

K.C. Johnson of The Chicago Tribune (Twitter link) first reported that an agreement was in place, along with all the names involved, while Adrian Wojnarwoski and Shams Charania of The Vertical (Twitter link) were first to report that the two teams were engaged in “advanced talks” on a trade that would send Rose to the Knicks. The deal also came on the heels of earlier reports that the Bulls were open to moving Rose, and that the Knicks had internally discussed acquiring the Chicago point guard.

While Rose has been plagued by injuries since his MVP campaign in 2010/11, he managed to stay on the court for 66 games this past season, his highest mark in five years. In those games, he recorded averages of 16.4 points and 4.7 assists, shooting .427 from the floor.

Rose is entering the final year of his contract, and is set to earn a $21.323MM salary in 2016/17, so the Knicks are betting on him continuing to stay healthy going forward, and perhaps recapturing the form that saw him win that MVP award five years ago. If the 27-year-old has a solid season in New York, the Knicks would hold his Bird Rights when he becomes eligible for free agency in 2017.

By acquiring Rose, the Knicks will perhaps shift their focus in free agency more toward big men. The team could still use backcourt help, particularly at the two, with Arron Afflalo opting out, but losing Lopez will leave a hole at center in New York. Frank Isola of the New York Daily News suggests (via Twitter) that Dwight Howard, Joakim Noah, and Pau Gasol could be among the Knicks’ targets in July, and we know Howard would be open to signing with New York.

Noah and Gasol, of course, are Bulls free agents, but the odds of those players both landing elsewhere appear to be on the rise with Lopez headed to Chicago. If the Bulls go into full rebuilding mode, Jimmy Butler could be a trade candidate as well, but considering they acquired veteran players in exchange for Rose, I’d be surprised if the Bulls go in that direction.

As Jonathan Givony of DraftExpress.com tweets, the Bulls have been eyeing point guard prospects in this year’s draft class, and while the team won’t get Kris Dunn at No. 14, a player like Wade Baldwin is a potential target. In Calderon, Chicago will at least have a solid veteran at the position for one more year.

From a financial perspective, the salaries involved in the swap are virtually a wash, despite Rose’s $20MM+ cap figure. Lopez, Grant, and Calderon combined to earn $21,625,172 in 2015/16, compared to $21,040,340 for Rose and Holiday. As Bobby Marks of The Vertical tweets, Rose’s 15% trade kicker won’t be applied to this deal, since his salary would exceed the max with that kicker — it would have been in play if the trade had been completed in July.

The Knicks create a traded player exception worth $1,572,360, the amount of Grant’s salary, but will likely renounce that exception next month in order to use space under the cap.

Photo courtesy of USA Today Sports Images.

Eastern Rumors: Magic, Wizards, Noah, Knicks

The Magic were prepared to make Chauncey Billups one of the highest-paid assistant coaches in the NBA, offering him a spot as the lead assistant on Frank Vogel‘s new staff in Orlando, but Billups has turned down the team’s offer, reports Adrian Wojnarowski of The Vertical. According to Wojnarowski, the former NBA Finals MVP gave serious consideration to joining the Magic before deciding to remain in his current role as a television analyst. However, Billups does have interest in transitioning into a front-office role in the future.

Meanwhile, the Magic are in advanced talks with Timberwolves assistant David Adelman for a post on Vogel’s staff in Orlando, sources tell Wojnarowski.

Here’s more from across the Eastern Conference:

  • Add the Wizards to the list of teams with interest in Joakim Noah, says Darren Wolfson of 5 Eyewitness News (Twitter link). Noah, who may leave the Bulls and has said he’s looking forward to free agency, is also expected to receive interest from the Timberwolves.
  • Arron Afflalo and Derrick Williams are opting out of their contracts with the Knicks, and while Afflalo is likely a goner, Phil Jackson is fond of Williams, a source tells Stefan Bondy of The New York Daily News.
  • Stan Van Gundy is confident that the Pistons will get a solid long-term piece at No. 18, but he isn’t counting on that player to contribute immediately, as Keith Langlois of Pistons.com details. In other words, if Detroit drafts a point guard with that first-round pick, that won’t stop the team from potentially pursuing a point guard in free agency. Van Gundy added that if the Pistons get trade inquiries on their pick, they have a good idea of “what would make us listen and what wouldn’t.”
  • If the right opportunities don’t arise this summer, the Celtics shouldn’t be in any rush to burn all their assets and cap room, writes Steve Bulpett of The Boston Herald, making the case that “wait until next year” might not be a bad Plan B for Boston. Bulpett adds (in a tweet) that the C’s are “trying very hard” to make major deals, and are well prepared with quick counters when different scenarios are raised in trade talks.

Bulls Not Showing Interest In Trading Butler To C's

  • The Celtics are going after several established veterans in trade talks, offering up the No. 3 overall pick as part of their proposed packages. So far though, they have been rebuffed by the Bulls (Jimmy Butler), Jazz (Gordon Hayward), and Bucks (Jabari Parker and Khris Middleton), says Stein.
  • According to Stein, the Bulls have shown little interest in sending Butler to the Celtics, the Bucks regard Parker and Middleton as “untouchables,” and the Jazz are telling interested teams that Hayward isn’t available. The Suns have also made an effort to pry Hayward from Utah, Stein writes.

Workouts Update: Suns, Hornets, Kings, Grizzlies

Two prominent power forward prospects had individual workouts with the Suns this weekend, writes Paul Coro of The Arizona Republic. Croatian star Dragan Bender and Washington freshman Marquese Chriss both were in Phoenix for unannounced sessions that may influence the Suns’ thinking with the No. 4 pick. Coro adds that Bender worked out for Minnesota, which holds the fifth selection, on Thursday and will visit Boston, which has the No. 3 choice, early this week.

In addition, Phoenix held a workout Saturday for three players who may be options with the 13th pick: Michigan State power forward Deyonta Davis and shooting guard Denzel Valentine, along with small forward Timothe Luwawu of France. Also at the session were Louisville center Chinanu Onuaku and Arizona State center Eric Jabobsen.

There’s more workout news as draft day draws closer:

  • The Hornets, who have the 22nd pick, will welcome six players for a workout today, the team tweeted. The session will feature Virginia shooting guard Malcolm Brogdon, High Point combo forward John Brown, South Carolina small forward Michael Carrera, North Carolina power forward Joel James, UNLV shooting guard Patrick McCaw and Virginia center Mike Tobey.
  • The Kings are also planning to bring in six players today for a workout, the organization announced. Participants will be Arkansas-Little Rock point guard Josh Hagins, Arizona point guard Gabe York, Kansas small forward Brannen Greene, Oakland shooting guard Max Hooper, UC Santa Barbara combo guard Mike Bryson and Utah small forward Jordan Loveridge. The Kings hold pick No. 8.
  • The Grizzlies have a workout scheduled this afternoon with Texas A&M combo guard Alex Caruso, Oregon small forward Elgin Cook, Kansas center Cheick Diallo, Memphis power forward Shaq Goodwin, Baylor small forward Taurean Prince and LSU combo guard Tim Quarterman. Memphis has the 17th pick.
  • The Raptors, who own picks No. 9 and 27, will hold a workout today for Syracuse shooting guard Malachi Richardson, tweets Adam Zagoria of SNY.tv.
  • The Bulls held a workout Friday, tweets Michael Scotto of Sheridan Hoops. Attending were Maryland center Diamond Stone, UNLV center Stephen Zimmerman, Toledo power forward/center Nathan Boothe and Northern Iowa point guard Wes Washpun. The Bulls have the 14th pick.

Community Shootaround: Derrick Rose On The Knicks?

The Knicks are reportedly having internal discussions about adding Derrick Rose to the team. Point guard is clearly a need for New York, as trotting Jose Calderon out on the floor as the starting point guard when he’ll be 35-years-old next season clearly isn’t a favorable option. If the franchise wants to add a talented point guard this offseason, it could do worse than Rose.

The 2010/11 MVP has one year and $21.3MM left on his deal and although that’s a bit of an overpay based on Rose’s health and level of play these past few seasons, the contract isn’t a hindrance to acquire him. If Rose can stay healthy, New York is easily challenging for a playoff spot in the Eastern Conference. If it doesn’t work out, New York still hasn’t clogged up its cap sheet long-term and can enter the 2017 offseason searching for another option with money to spend.

So here’s tonight’s topic: If the Knicks are going to make an attempt to trade for Rose, what kind of package should they offer the Bulls?

Jerian Grant would probably need to head to Chicago and New York would likely want to offload some salary in the deal. Robin Lopez is a nice player, but Kristaps Porzingis‘ future should be at the five spot, so the Knicks may be open to trading its starting center. The Bulls presumable would want a future first, but if I was New York, I’d only offer a heavily protected pick, possibly one that’s top-20 protected.

Those are my parameters for a Rose-to-New York deal, tell us yours as well as your thoughts and opinions on Rose’s fit in the Big Apple in the comment section below. We look forward to what you have to say!