Chicago Bulls: 3-team trade with Magic, Hornets a positive sign

(Photo by Maddie Meyer/Getty Images)
(Photo by Maddie Meyer/Getty Images) /
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The Chicago Bulls made a move for the second day in a row, finalizing a three-way trade with the Orlando Magic and Charlotte Hornets.

Friday night, the Chicago Bulls likely made the biggest move they will have made all offseason when they decided to match the Sacramento Kings’ offer sheet for Zach LaVine. Saturday night, the Bulls kept busy as they worked out a three-way trade between them, the Orlando Magic and Charlotte Hornets.

As a part of the deal, the Bulls will send guard Jerian Grant to the Magic. The Hornets will ship big man Timofey Mosgov to Orlando, while the Magic will trade Bismack Biyombo back to Charlotte in return.

The Bulls, meanwhile, will receive 29-year-old guard Julyan Stone from the Hornets. The 6-foot-6 guard out of UTEP went undrafted back in 2011 and has played for the Denver Nuggets from 2011-2013 and the Toronto Raptors for the 2013-2014 season.

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Stone took a leave from the NBA following the 2014 season and signed with Umana Reyer Venezia of Italy for the following year. After his stint there, Stone played one preseason game with the Oklahoma City Thunder before again playing overseas, this time in the Turkish Basketball Super League.

Stone had a couple more stints with various teams overseas and in the Developmental League before joining the Hornets last year.

In his NBA career, Stone has averaged a single point, a single rebound and a single assist per game.

Moral of the story? He is a likely candidate to be waived. The trade, while minor, is a positive sign for the Bulls. They cleared about $1 million in cap space by swapping Grant for Stone, essentially. Going forward, I do not expect this to be the last move the Bulls make.

The team still needs to figure out what to do with David Nwaba, who is another restricted free agent who currently has interest from around the league. The Bulls are open to sign-and-trade scenarios with Nwaba due to the fact that they are “at a stalemate” in negotiations.

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Expect Nwaba to be dealt in the coming days and, hopefully, an additional move or two following that one. John Paxson is all about acquiring assets this summer while preparing for an even busier and more exciting summer of 2019.