Wizards deal Otto Porter to Bulls for Jabari Parker and Bobby Portis

NBA Trade Grades: Wizards sending Otto Porter Jr. to Bulls

NBA Trade Grades: Wizards sending Otto Porter Jr. to Bulls

But following a season-ending injury to Wall this year, and with any hopes of making a playoff run quickly dissipating, this was as good of a time as any for Washington to make a move. The trade also drops the Wizards' tax bill from $8.96 million this season to $3.34 million.

In exchange, the Wizards will receive Parker and Portis. He's expected to be out for most of next season. Portis has certainly shown enough to be worth a trial run, and the future second-rounder definitely sweetens the return.

The 25-year-old Porter was selected third overall by the Wizards in the 2013 NBA Draft.

In the 2018 offseason, Parker signed a two-year $40 million contract with the Bulls, but the second year of the deal is a team option.

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Porter had joined Wall and shooting guard Bradley Beal to form a young nucleus of lottery draft picks the Wizards were trying to build around. The Bulls will now enter July with about $21 million in cap space, ESPN reported.

The Bulls, meanwhile, are in the midst of a "tanking" season at just 12-41. (22) shoots a three point shot over Milwaukee Bucks forward Giannis Antetokounmpo (34) during the fourth quarter at Capital One Arena. Without knocking Porter specifically, the ceiling for this move is rather limited. Even though he would have been marginalized behind Markkanen and Carter, lumping him into a trade package to execute what is more or less a negative move may not have been the best way to cash out.

The Bulls or Wizards have yet to confirm the trade, but the teams will play each other at the United Center on Saturday night, which you can see on WGN-TV at 7 PM. Svi Mykhailiuk is the exact type of player that Chicago should be going after before the trade deadline. Maybe they rehabilitate Porter's value and trade him again.

Drafted by the Bulls in the first round of the 2015 NBA Draft, Portis dealt with a year that featured a few injury and some strong performances in his final few game against the Bulls.

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