How Paul George reshaped his game alongside OKC’s MVP

The Oklahoma City Thunder are acquiring guard Alex Caruso from the Chicago Bulls in exchange for wing Josh Giddey. The Thunder are adding a defensive-minded presence to their mix, while the Bulls add a younger, playmaking wing to their roster.

Both Caruso and Giddey are in entering the final years of their contracts. The Thunder are reportedly interested in extending Caruso’s deal before he hits unrestricted free agency next summer.

The Bulls will have an opportunity to offer Giddey a rookie scale extension. If no deal is reached, Giddey will be eligible for restricted free agency in the summer of 2025.

DeMar DeRozan and the Chicago Bulls have held preliminary talks on a contract extension, sources tell Jamal Collier of ESPN.

The Bulls initially reached out to DeRozan with interest on a long-term deal.

The Bulls acquired DeRozan from the San Antonio Spurs on a three-year, $85 million sign-and-trade during the 2021 offseason. DeRozan has outplayed the contract by remaining one of the league’s best scoring wings. If DeRozan doesn’t sign an extension, he will become a free agent in 2024.