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Bulls trade Jimmy Butler to Timberwolves for big haul including Zach LaVine

Bulls trade Jimmy Butler to Timberwolves for big haul including Zach LaVine

After months and months of rumors, the Bulls finally traded superstar small forward Jimmy Butler on Thursday night, shortly after the 2017 NBA Draft began.

Butler will go play for the Minnesota Timberwolves and his former coach Tom Thibodeau. In return, the Bulls will receive Zach LaVine, 2016 first round pick Kris Dunn and the seventh overall pick in the 2017 draft.

That's according to K.C. Johnson of the Chicago Tribune:

The Bulls also gave Sacramento the 16th overall pick in this year's draft.

Butler, 27, has two more years left on his contract. He will now join Karl-Anthony Towns and Andrew Wiggins to help a young Wolves team take the next step.

The Bulls lose an All-Star in Butler, but get two talented guards and a nice pick in an unusually deep draft. 

[RELATED: D.C. native Fultz picked No. 1 in 2017 NBA Draft by Sixers]

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Carmelo Anthony traded to Hawks, who will buy him out, in three-team deal involving Dennis Schroder

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Carmelo Anthony traded to Hawks, who will buy him out, in three-team deal involving Dennis Schroder

The stage has been set for Carmelo Anthony to hit free agency, as the 10-time All-Star was traded to the Atlanta Hawks on Thursday in a three-team deal, one that will lead to a subsequent buyout of his contract. ESPN first reported the news and noted that the Rockets are the favorites to sign him.

The full deal sends Dennis Schroder from the Hawks to the Thunder in exchange for Anthony and a protected first round pick, and sends Mike Muscala from Atlanta to Philly. Timothe Luwawu-Cabarrot will go to the Thunder from Phily and Justin Anderson will go from the Sixers to the Hawks.

That's a complicated deal, but it ultimately frees Anthony up to choose a new team. He was set to make $27.9 million from the Thunder next season, but the Hawks are footing the bill to let him walk.

Anthony's skills have declined now that he's 34 years old. Last season, he averaged 16.2 points on 40.4 percent shooting, way down from the 22.4 points he averaged the season before with the Knicks.

Still, Anthony could help a team looking for a scoring punch and the Rockets would like some more help in their quest to take down the Warriors. If he signs there, he will join friend Chris Paul and the 2017-18 MVP, James Harden. 

Houston has been the logical landing spot for Anthony ever since news broke that the Thunder were looking for a way out of his contract. If he doesn't go there, perhaps the Lakers would make sense. LeBron James is going to need a lot more help than the roster he currently has around him to make some noise in the crowded Western Conference.

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Wizards Tipoff podcast: Fallout from the Kawhi/DeRozan trade; Kevin Love questions

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Wizards Tipoff podcast: Fallout from the Kawhi/DeRozan trade; Kevin Love questions

On the latest episode of the Wizards Tipoff podcast presented by Greenberg and Bederman, Chase Hugheswas joined by Nick Ashooh to break down the fallout from the trade involving Kawhi Leonard and DeMar DeRozan.

They looked at what it means for the Wizards and the East, as well as the Lakers and LeBron. Plus, they took fan questions, many of which centered on Kevin Love and the possibility of a trade to Washington.

You can listen to the episode right here: