Chicago Bulls NBA Trade Deadline Tracker: Latest Updates & Rumors

The Chicago Bulls are on the verge of their most important trade deadline in years.

Sitting 9th in the Eastern Conference and in line for their fourth consecutive Play-In Tournament appearance, February 5 marks an opportunity to finally change the status quo. They are in a prime position to make several moves, as they have ample financial flexibility with seven expiring contracts on their books. Not to mention, Coby White and Ayo Dosunmu remain two of the more intriguing guards available for contenders.

With that in mind, the stove is expected to stay hot in the lead-up to 2:00 p.m. CT on Thursday. We are going to keep track of all the latest right here, so be sure to bookmark this page for your one-stop shop for Chicago Bulls trade deadline news!

Rumors

Ayo Dosunmu of the Chicago Bulls — Feb 1, 2026; Miami, Florida, USA; Chicago Bulls guard Ayo Dosunmu (11) brings th ball up the court against the Miami Heat during the first half at Kaseya Center. Mandatory Credit: Jim Rassol-Imagn Images | Jim Rassol-Imagn Images

LATEST RUMOR: The Chicago Bulls have been connected to multiple young players in the lead-up to tomorrow's deadline, including the Pelicans' Yves Missi. Learn more about who they could target!

• As trade deadline week gets underway, the Bulls have reportedly sent a clear message out across the league: They are ready to do business.

• From Domantas Sabonis to Zion Williamson, we took a look at which rumors were worth buying into and which were likely fiction.

• The betting odds have shifted drastically in the Bulls' favor for Giannis Antetokounmpo. Would Karnisovas really make a run at him?

• Could the Houston Rockets give the Bulls a call in the coming days? They sure feel like a match made in heaven.

• Three contenders have been linked to potential deals with the Bulls over the last couple of weeks.

Chicago Bulls Trades

JANUARY 31 – INSTANT GRADE
Bulls get: Dario Saric, 2027 second-round pick (via Cavaliers), 2029 second-round pick (via Kings)
Kings get: De'Andre Hunter
Cavaliers get: Keon Ellis, Dennis Schroder, Emanuel Miller

Reaction: The Chicago Bulls started the trade deadline off with a win. Time and again, Arturas Karnisovas has refused to take a step back and prioritize future assets. Draft capital, in particular, has been something this organization has often ignored. This deal signals a change in philosophy, though. The Bulls did what many smart rebuilding teams do, which is use their financial flexibility to help another team in exchange for draft picks. At the end of the day, they essentially gave up nothing in return for two second-rounders. How can you not approve of that?

February 3 – INSTANT GRADE
Bulls get: Jaden Ivey, Mike Conley
Pistons get: Kevin Huerter, Dario Saric, 2026 protected pick-swap (via Minnesota)
Timberwolves get: N/A (financial flexibility and an open roster spot)

Reaction: "In its simplest form, assuming Dario Saric plays very little or not at all in Detroit, the Bulls basically found a way to move Kevin Huerter for Ivey and the cost of Conley's expiring $10.8 million deal. Considering this franchise's need for young talent, it's hard not to give that a thumbs up. The only thing you may have liked to see is perhaps a second-rounder for taking Conley's money and helping the Timberwolves potentially pursue a huge upgrade. But Ivey is a darn good consolation prize, as is the financial flexibility they continue to have."

February 3 – INSTANT GRADE
Bulls get: Anfernee Simons, 2026 second-round pick (worst of NYK, MIN, POR, NOP)
Celtics get: Nikola Vucevic 2027 second-round via DEN

Reaction: "Nikola Vucevic looked all but destined to remain in Chicago past this deadline due to a lackluster market. By working the phone lines and putting their financial flexibility to use, however, the Bulls found a deal that netted them a potentially near-first-round pick. Dare I say this is a third great trade for Arturas Karnisovas!?"

February 4 – INSTANT GRADE
Bulls get: Collin Sexton, Ousmane Dieng 2029 second-round pick (least favorable CHA/DEN), 2031 second-round pick (NYK), 2031 second-round pick (DEN)
Hornets get: Coby White, Mike Conley

Reaction: "What this trade return serves as a reminder of is Chicago's delay in finding a trade partner. White is worth more than three second-round picks, but they simply waited too long to pull the trigger and diminished his value. Let's also be honest: White is an extremely fun talent and a great locker room presence. While it's understandable that the Bulls wanted to finally turn a page, moving on from him is a tough pill to swallow."

February 4 – INSTANT GRADE
Bulls get: Guerschon Yabusele
Knicks get: Dalen Terry

Reaction: "I understand that some are going to brush off this trade. Terry wasn't working in Chicago, and the Bulls needed frontcourt depth. It's mostly a lateral move that doesn't involve a lot of money, I get that. But context always matters. This move simply doesn't align with the strategy that they have taken thus far, which makes it harder to understand their plan moving forward."

February 5 – INSTANT GRADE
Bulls get: Rob Dillingham, Leonard Miller, and four second-round picks
Timberwolves get: Ayo Dosunmu, Julian Phillips

Reaction: "The Bulls decided to push their foot down harder on the gas ... only to hit a pothole. It's hard to call this return for Dosunmu anything but underwhelming. While four future second-round picks are certainly a hefty sum, not landing a future first-rounder for Dosunmu's breakout year burns. The same can be said about missing out on Joan Beringer. The Timberwolves seven-foot rookie would have made a ton of sense with the Bulls' new youth movement. Instead, Chicago takes a flyer on ... you guessed it ... another young guard."

February 5 – INSTANT GRADE
Bulls get: Nick Richards
Bucks get: Nigel Hayes-Davis, Ousmane Dieng
Suns get: Cole Anthony, Amir Coffey

Reaction: "Nearly everything about this deadline suggested that the Bulls were ready to take a meaningful step back and evaluate talent. If that is the goal, why give up a 22-year-old former lottery pick and forward for a short-term fix at the five? The only reason to make this move is if you're still interested in winning games over the next handful of weeks. And, well, that's not necessarily in the Bulls' best interest at this point! Nevertheless, someone has to grab rebounds!"