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Grizzlies’ Tyus Jones signing, Justin Holiday’s Pacers deal shut door on potential sign-and-trade for Bulls’ Kris Dunn

Justin Holiday, Kris Dunn, Tyus Jones

The Chicago Bulls were hoping to create an avenue to deal point guard Kris Dunn this offseason, hinting at a potential deal to bring back Justin Holiday in a sign-and-trade scenario. However, the Memphis Grizzlies’ signing of Tyus Jones to an offer sheet the Minnesota Timberwolves failed to match closed the coffin on a potential deal to send away their point guard.

Justin Holiday’s recent one-year, $4.8 million deal with the Indiana Pacers officially nailed shut that coffin, according to K.C. Johnson of the Chicago Tribune, who noted the Bulls would have to look for other chances to move Dunn.

The Grizzlies likely lost any interest they may have had in Dunn when they snatched Jones away from Minnesota. The offer, worth up to $28 million, seemed gaudy for a potential backup, even if he will indeed be a part of the rotation.

Memphis already has Ja Morant prospecting as the starter, and while the 6-foot-1 Jones can play off the ball, it is far from ideal to play a guard that small against bigger and taller shooting guards.

The Bulls have a logjam at the point guard position with rookie Coby White, sign-and-tradee Tomas Satoransky, and Ryan Arcidiacono also vying for time.

Holiday’s signing buried any chance the Bulls had at potentially completing a sign-and-trade to rid themselves of Dunn, who simply hasn’t worked out under new coach Jim Boylen in his short tenure with the team.