Chicago Bulls: What the Justin Holiday trade means

Bulls Justin Holiday

Bulls Justin Holiday

In return, Chicago will receive guard MarShon Brooks, guard Wayne Selden and two second-round picks, according to the report. He's averaging 11.6 points and shooting 35.9 percent on 3-pointers this season.

With Holiday gone, rookie forward Chandler Hutchison figures to slide into a starting spot on the wing.

A three-team trade involving the Phoenix Suns, Memphis Grizzlies and Washington Wizards fell through Friday night, according to multiple outlets, over a unusual miscommunication about which player named Brooks would be included. He hasn't received much playing time so far this season, but that all could change with the Bulls, who are most definitely looking towards the future at this point.

The Chicago Tribune reported in the wake of the deal that the Bulls still have small forward Jabari Parker and center Robin Lopez on the trade market.

Chicago will reportedly waive guard Cameron Payne to take on both Brooks and Selden.

Memphis had been using Brooks and Selden as reserves, and they're averaging 6.6 and 5.4 points per game, respectively. Brooks, a five-year veteran, has only played 13.3 minutes per game for Memphis this season.

Payne came to Chicago via a trade with the Oklahoma City Thunder in the 2016-17 season.

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