NBA rumors: DeMar DeRozan, Bulls have no momentum on extension, Jazz targeting Mikal Bridges

Also, Detroit is a suitor for Tim Hardaway Jr.

By Jasmyn Wimbish Jun 25, 2024 at 5:16 pm ET• 3 min read

Free agency doesn't start until June 30, but with the NBA Draft starting on Wednesday, trade rumors are starting to heat up around the league. We've already gotten one trade in the books, as the Bulls sent Alex Caruso to the Thunder for Josh Giddey, but we're sure to get even bigger deals as teams prepare for the next two days of the draft and free agency.

There's a lot of fodder to keep track of, so here's the latest making the rounds in the rumor mill as the NBA's most chaotic time of the year kicks into high gear.

Bulls, DeRozan haven't gained momentum on extension

Chicago has already made one major change to its roster after sending All-Defensive guard Alex Caruso to the Thunder for Josh Giddey. And maybe more change is on the horizon. There's reportedly "little momentum" on an extension for DeMar DeRozan with the Bulls, per NBC Sports Chicago's K.C. Johnson, and if the two sides can't come to an agreement, that makes the Chicago forward an unrestricted free agent, at which point he could entertain other offers. Throughout the season, DeRozan talked about wanting to be in Chicago, and that may still be true, but if the Bulls lose him for nothing this summer, it'll be a bad look when they could've traded him back in February. There's always the option of a sign-and-trade if he does want to play elsewhere, but that gets more complicated.