Bulls make cap room for Gasol
Published 1:11 am Tuesday, July 15, 2014
CHICAGO (AP) — The Chicago Bulls have made two trades to clear salary-cap space, setting the stage for the addition of free-agent center Pau Gasol.
The Bulls sent forward Anthony Randolph, two second-round draft picks and cash considerations to Orlando for the rights to Milovan Rakovic. Randolph was acquired in a draft-night trade with Denver that gave the Bulls the rights to high-scoring Creighton forward Doug McDermott.
Chicago also traded forward Greg Smith to Dallas on Monday for the rights to Tadija Dragicevic. The Bulls signed Smith in April after he was waived by Houston, but he never appeared in a game with Chicago.
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The pair of moves helps make room for Gasol, who announced over the weekend that he planned to join the Bulls.