Bulls trade Alex Caruso to Oklahoma City Thunder for Josh Giddey

Caruso earned his second All-Defensive team honors this past season

Bulls trade Alex Caruso to Oklahoma City Thunder for Josh Giddey

The Chicago Bulls are trading All-Defensive guard Alex Caruso to the Oklahoma City Thunder in exchange for Josh Giddey, a source confirmed to NBC Sports Chicago's K.C. Johnson.

Caruso is extension eligible beginning July 6. This past season, Caruso made his second consecutive NBA All-Defense team. He also earned top-10 voting for the league's Defensive Player of the Year award.

The Bulls have taken and passed on trade offers for Caruso for some time. Dating back to the beginning of last season, the Bulls have steadily rebuked trade offers for Caruso, Johnson reported in November 2023.

He's widely viewed around the league as a valuable piece for contending teams who need perimeter defense --- a limited service to Caruso's degree in the NBA. The Bulls have always received interest in Caruso, but their commitment to remaining competitive themselves has always waned their interest in dealing him.

With the Thunder, Caruso gets a chance to compete for his second ring, after winning with the Lakers during the 2020 Covid-19 season. They finished first place in the Western Conference last season, posting a 57-25 record. They advanced past the Pelicans in the first round but were halted by the Western Conference champion Mavericks.

For the Bulls, they get a fresh face in Giddey, 21, the Australian point guard going into his fourth season in the NBA. Initially drafted with the No. 6 pick in the 2021 NBA Draft by the Thunder, Giddey is known for his abilities as a floor general and pass-first guard.

Over the first three years of his young career, Giddey has averaged 13.9 points, 7.3 rebounds and 5.7 assists. He's shooting a career 464.% from the floor and 31% from beyond the arc, the latter of which is a steady improvement from his rookie mark of 26.3 percent.

Check back to this story for more updates.

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