Bulls trade Caruso and Drummond for Austin Reaves. Austin's contract is under team control for a long period, so it might be something the Bulls are interested in as they enter a rebuild.

Hawks trade DJM for 1st round pick prospect in JHS and a 2029 1st round pick. They will look to trade DLo to another team and collect additional assets. Rui's contract is 1 year shorter than Bogi's, so there is long-term salary saving there.

Lakers change up the look of the team with 3 new guards in DJM, Bogi, and reunite with Caruso. They also get a true back-up C in Drummond they have been seeking. This trade also opens up more PF minutes for Wood/Vando behind Lebron.