The Chicago Bulls have had a busy first day of free agency. First, they completed a sign-and-trade deal with the New Orleans Pelicans for point guard Lonzo Ball. Then, they signed Alex Caruso to serve as a defensive-minded guard off the bench. Now, the Bulls are reportedly working on a sign-and-trade deal to send center Daniel Theis to the Houston Rockets.
The Houston Rockets reportedly agreed to a four-year, $36 million deal with Theis, but their cap concerns mean a sign-and-trade would be helpful to make the contract work financially. Houston has a $8.28 million trade exception from the Victor Oladipo trade that could help make the trade work.
Theis averaged 10 PPG and 5.9 RPG on 52.2% shooting in 25 MPG over a 23-game span with the Bulls after Chicago acquired the center at the trade deadline from the Boston Celtics. As of now, it is unknown what the Bulls could be getting back from the Rockets in the deal.