Bulls have interest in O.J. Mayo

The new hot topic among Bulls fans is O.J. Mayo. The Memphis Grizzlies shooting guard is an unrestricted free agent and the Bulls have interest. The big question is what they have to offer.

The main competition appears to be Phoenix, which has about $8-9 million of salary cap room after New Orleans matched the Suns’ offer sheet to Eric Gordon.

Complete details of the Kirk Hinrich acquisition and Kyle Korver trade to Atlanta have yet to be revealed, but those transactions should help the Bulls in the Mayo chase.

If the Bulls get a second-round draft pick out of the Korver trade, they’ll have a traded-player exception worth $5 million. To use that on Mayo, they’d have to talk the Grizzlies into doing a sign-and-trade and send some sort of draft pick and/or cash in return.

– Reported by Mike McGraw of the Arlington Heights Daily Herald