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Bulls and Cavaliers Complete Straight One-for-One Swap of Lonzo Ball and Isaac Okoro

The trade balances Chicago’s push for younger rotational talent against Cleveland’s need for a low-risk backcourt upgrade.

Feb 28, 2025; Chicago, Illinois, USA; Chicago Bulls forward Lonzo Ball (2) hits a three point shot against Toronto Raptors guard Jamal Shead (23) during overtime at the United Center. Mandatory Credit: Patrick Gorski-Imagn Images/File Photo
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Chicago Bulls guard Lonzo Ball smiles after making a 3-point shot during the second half against the Detroit Pistons at the United Center on Jan. 11, 2022, in Chicago. (Armando L. Sanchez/Chicago Tribune/Tribune News Service via Getty Images)

Overview

  • The Bulls and Cavaliers agreed to swap Ball for Okoro in a rare one-for-one trade without draft picks, formalizing the deal ahead of the July 6 start of the new league year.
  • Ball will join Cleveland on a one-year, $10 million guarantee with a team option for 2026-27 to limit long-term risk given his history of knee surgeries and a cartilage transplant.
  • Okoro moves to Chicago on the second year of his three-year, $33 million extension, bringing perimeter defense and a three-point shot after averaging 6.1 points and 37 percent from beyond the arc last season.
  • Cleveland’s backcourt plan is in flux after Ty Jerome headed to free agency; Darius Garland is recovering from toe surgery, increasing the value of Ball’s two-way skill set.
  • Chicago’s front office continues its youth-focused retooling by acquiring a former top-five pick with starting experience and shedding Ball’s availability concerns to clear space for developing talent.