The Naismith Basketball Hall of Fame induction has been a unique opportunity to receive honest feedback in one of the most reserved owners in the NBA — Jerry Reinsdorf.

Reinsdorf, who's owned the Chicago Bulls for the past 31 years, shared his thoughts of the wheeling-and-dealing that's happened over the span of this summer, namely the trade involving former MVP Derrick Rose to the New York Knicks.

“What we felt was it was time,” Jerry Reinsdorf told K.C. Johnson of the Chicago Tribune. “…It was time for Derrick to go on and play someplace else and try to establish himself. Gar and Pax were high on the (Jerian) Grant kid. We thought that was the necessary first step no matter how we were going to go.”

The Bulls front office made a bold move they had been waiting to make years ago, as Rose never seemed to get back to his MVP ways after multiple knee surgeries.

Chicago obtained the rights to center Robin Lopez, guard José Calderón, and forward Jerian Grant in exchange for Rose, guard Justin Holiday and a 2017 second-round draft pick back to the Knicks.

The Bulls would later add Dwyane Wade and Rajon Rondo to the mix to play alongside All-Star Jimmy Butler.