Bulls fall into familiar habit of adding ‘cash considerations’

Full press conference: Chicago Bulls GM Marc Eversley speaks on selecting  Noa Essengue - YouTube

From all indications, “See Red” will remain the Bulls’ slogan for the 2025-26 season.

After Thursday, “Cash Considerations” better suits the organization, especially when it comes to trades and second-round assets.

It just doesn’t fit on the T-shirt as easily.

The Bulls once again put that saying into action before the start of Thursday’s second round of the NBA Draft, trading down 10 spots from No. 45 to No. 55 with the Lakers in exchange for “cash considerations.”

The Lakers then moved the pick to the Timberwolves, who selected Australian center Rocco Zikarsky, while the Bulls then selected Australian forward Lachlan Olbrich. Olbrich is a physical tweener who loves to put his nose into the action and rebound.

Not that any of it was unexpected.

General manager Marc Eversley indicated Wednesday that the club was looking to either trade out of the second round completely or draft a player who they know will stay overseas for another season in what’s referred to as a draft-and-stash.

Why? Call it a full roster. The Bulls, who are expected to re-sign Josh Giddey, just added Noa Essengue in Wednesday’s first round, leaving them with essentially just one roster spot available. That spot has been set aside for free agency.

That all makes sense, and somewhere along the way, they decided to grab some extra bucks.

That practice has been the modus operandi for chairman Jerry Reinsdorf for years. The last time it happened was last summer in the three-way DeMar DeRozan trade. The Bulls received cash considerations in return from the Kings.

Back in August 2021, they didn’t even try to hide how they prefer to operate, trading Daniel Theis straight up for cash considerations.

 

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