Bulls Trade Rumors: Putting Together Framework of a Deal for Magic G J.J. Redick

The Chicago Bulls are still without star PG Derrick Rose. To survive the gauntlet of the Eastern Conference and make a late push toward contending at all, they need to swap Richard Hamilton for Orlando Magic shooting guard J.J. Redick.

HoopsWorld's Alex Kennedy first reported that the Bulls have serious interest in Redick earlier in the week, and here's his Twitter post to confirm that assertion:

It's not the first time Chicago has expressed interest in Redick's services.

In 2010, the shooting guard signed an offer sheet (via ESPN's Chad Ford) with the Bulls, only to have it matched by the Magic in restricted free agency.

This is the final year of that contract, and with the Magic not exactly the hottest of landing spots for potential free agents and current players on the roster looking to get out, it would be prudent for Orlando management to get whatever return is out there for the sharpshooting guard.

That being said, the Bulls need to strike while the iron is hot.

The framework of a potential deal isn't very complex at all, especially since the Magic hold two trade exceptions from prior deals and would likely be interested in getting short-term contracts, young talent and a draft pick in any trade.

Here's what a potential trade could look like for both sides (with some help from ESPN's NBA Trade Machine).

Chicago Bulls Receive	Orlando Magic Receive
SG J.J. Redick	SG Rip Hamilton
PG Ish Smith	PG Marquis Teague
Future Second-Round Draft Pick	SF Vlad Radmanovic
	SG Marco Bellinelli
	Future First-Round Draft Pick

The deal makes sense from a salary standpoint, and would net the Magic the kind of return that wouldn't cripple any long-term future. The Bulls could send one of their future draft picks (excluding an unprotected 2016 pick from the Charlotte Bobcats) in sweetening the pot.

It's a sentiment that ESPN's Bradford Doolittle echoes (note: Insider access required to read full piece), when he claims that the Bulls have the best chance to get Redick with their current roster makeup:

"

They could send Orlando rookie first-rounder Marquis Teague and a couple of veterans who probably would be bought out -- Hamilton and Vladimir Radmanovic. They make the salaries work in this deal. A first-round pick would have to be included. 

"

That mold is used in the deal put together in this piece, with a couple of slight exceptions.

Orlando could add young PG Ish Smith to the deal to help the Bulls, especially since they are getting former first-rounder Teague in the deal. With Chicago missing both Derrick Rose and Kirk Hinrich right now, it would be beneficial to get some more PG depth for the stretch run.

The Magic could also include a second-round pick if the Bulls place lighter restrictions on the first-round pick they send to Orlando.

Trades are a complicated process, and there's plenty of time for the two sides to iron out a deal. Here's a good blueprint for a start, and it wouldn't surprise me if Redick were a member of the Bulls before the two franchise's representatives leave Houston and All-Star Weekend behind.

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