Bulls make three-team deal official, acquiring guard Chris Duarte

When forward DeMar DeRozan returns to the United Center with the Kings next season, he can probably count on a video tribute and a standing ovation.

But on Monday, what he got for now from the Bulls was a simple statement from Arturas Karnisovas, executive vice president of basketball operations, with the completion of a three-team trade.

“We thank DeMar for everything he has done for our team as a leader and mentor,” Karnisovas said. “Everyone inside our building appreciated and respected DeMar’s professionalism and commitment to this organization and the city of Chicago, and we wish him the best in Sacramento.”

In the deal, which came together Saturday night, the Bulls get guard Chris Duarte, two second-round draft picks and cash considerations from the Kings, who get DeRozan in a sign-and-trade for three years at $70  million. The Spurs, the third team, get forward Harrison Barnes and an unprotected first-round pick swap with the Kings in 2031.

The immediate question for the Bulls is what to do with Duarte now that they’re loaded on guards. As a rookie with the Pacers in 2021-22, he averaged 13.1 points, 4.1 rebounds and 2.1 assists and made the All-Rookie Second Team.

“We are thrilled to bring Chris into the mix here with his experience, versatility and offensive abilities,” Karnisovas said.

However, that mix includes Josh Giddey (acquired last month from the Thunder) and Coby White as the expected starters and Ayo Dosunmu and Dalen Terry in reserve roles. And the Bulls still have two-time All-Star Zach LaVine, whom they’re still actively trying to trade, even though his maximum contract and injury history make him a difficult sell. The hope is that the two second-round picks the Bulls got from trading DeRozan can now be attached to a LaVine package.

Another unanswered question: What’s the status of guard Lonzo Ball, who hasn’t played since January 2022 because of knee problems, and does he factor in? Those answers could be coming soon, with Ball expected to begin five-on-five scrimmaging with full contact.

NOTE: The Bulls also officially announced the signing of free-agent center/forward Jalen Smith to a three-year contract. They did not disclose the money, but it’s reportedly a $27  million deal.