During the second round of the NBA Draft on Thursday night, the Chicago Bulls dealt No. 38 overall pick Braden Smith to the Indiana Pacers for Kam Jones, future pick swaps and so-called cash considerations.
It was at least the 15th time since 2000 the Bulls have made a deal involving cash considerations. As a result, Chicago fans on social media joked the move was a franchise tradition. “Welcome home, cash considerations!” one person wrote on X.
The Bulls were far from the only team moving money around at the draft. ESPN reported on 10 trades at the two-day event that involved cash considerations. While sending funds to other teams seems like a simple enough concept, the NBA has a specific set of rules on how exactly cash can be used in transactions.
Here’s how it works.
What actually are “cash considerations”?
