When the agency opened, it was always difficult for the Chicago Bulls to sign Daniel Theis back.
It was always rumored that the big man who stopped by from the Celtics at close of trade had suitors this off-season, and one of those suitors grabbed Theis on Monday night.
According to ESPN’s Adrian Wojnarowski, the Houston Rockets have signed a four-year deal worth $ 36 million for the 29-year-old center. At first it looked like the Rockets signed Theis directly, but it seems we might have a different sign-and-trade situation on our hands for the bulls.
According to sources, the Rockets will use the Oladipo trade exception and sign and trade with the Bulls to get Daniel Theis. https://t.co/PVXE6BqVlM
– Tim MacMahon (@espn_macmahon) August 3, 2021
The Rockets can add Theis to their books via a trading exception that was created when the team sent Victor Oladipo to the Miami Heat earlier this season. That way, they can keep their mid-level exception open for other moves during this free agency period. In the meantime, the Bulls have likely seized the opportunity to help Houston with this move, as the organization will now receive at least something in return.
According to ESPN’s Bobby Marks, this appears to be a sizable trading exception that the Bulls could use in chasing another player this off-season or later this season.
Between that subtle step and the sign-and-trade maneuver to land a Lonzo Ball instantly, the Front Office shows how valuable an accomplished front office can be. Don’t get me wrong, AKME has a few more moves to go, but it’s been an impressive start to an absolutely crucial offseason.
For more on who the Bulls signed …
Bulls Receive Lonzo Ball for a 4-year, $ 85 million sign-and-trade deal with the Pelikanenhttps: //t.co/8JUIEnxEHR
– Bleacher Nation Bulls (@BN_Bulls) August 2, 2021
SURPRISE: Chicago Bulls dye Alex Caruso on $ 37 million four-year deal https://t.co/0xsyR5aQHP
– Bleacher Nation Bulls (@BN_Bulls) August 3, 2021