The Bulls are trading point guard Lonzo Ball to the Cavaliers in exchange for forward Isaac Okoro, according to ESPN’s Shams Charania (Twitter link).
Ball, the No. 2 overall pick in the 2017 NBA Draft, has played for Chicago since 2021. However, due to multiple knee injuries, he spent the better part of those four years recovering. He missed the entirety of the 2022/23 and ’23/24 seasons before returning to the lineup this past year.
While his playing time was down from his career averages this season, he still recorded 7.6 points, 3.4 rebounds, 3.3 assists and 1.3 steals per night and had positive on/off-court numbers.
The Bulls signed Ball to a two-year, $20MM extension in February despite trade interest at the time. He’s on the books for $10MM this coming season and has a team option for 2026/27.
Acquiring Ball gives Cleveland a versatile guard to add to its lineup. The 27-year-old has proven to be an effective defender, shooter and facilitator when healthy. The Cavs’ decision to acquire a point guard could also point to pessimism in their ability to re-sign impending free agent Ty Jerome.
Meanwhile, the Bulls are taking a flier of their own in obtaining former No. 5 overall pick Okoro. The Cavaliers didn’t re-sign Okoro to a multi-year contract until September of last year after he became a restricted free agent following the 2023/24 season.
Okoro’s playing time decreased in new head coach Kenny Atkinson‘s system, and he averaged career lows of 6.1 points and 19.1 minutes per game. In the playoffs, Okoro’s averages shrunk to 4.6 PPG across 14.2 MPG.
He’ll be in the second year of the three-year, $33MM deal he inked with Cleveland last year. He’ll count for $11MM against the cap in 2025/26 before his salary rises to a guaranteed $11.8MM next season.
Ball drew interest on the trade market prior to February’s deadline, with the Grizzlies, Pistons, and Timberwolves said to be among the teams to register interest at that time. The Bulls were reportedly offered draft capital in February, but didn’t want to take on a sizable multiyear contract.
Assuming the Ball/Okoro swap is completed as reported, it will hard-cap the Bulls at the first tax apron for the rest of the 2025/26 league year, since they’ll be taking in more salary than they’re sending out. The trade will become official in July, after the players’ new cap hits take effect.