Chicago will receive cash from Rockets in installment plan to complete Michael Carter-Williams deal
In one of the more uneventful NBA trades you will ever see, the Houston Rockets send guard Michael Carter-Williams and cash considerations to the Chicago Bulls in exchange for a 2020 second-round draft pick on Monday.
According to Eric Pincus of Basketball Insiders, the Rockets will be sending the Bulls $1,065,966 and will pay Chicago in an installment plan, sending the Bulls five payments of $73,000 before finishing things off with a big $700,000 check in July.
The Houston Rockets are sending the Chicago Bulls $1,065,966 in the Michael Carter-Williams deal. Naturally, Houston is going the unconventional route – sending 5 payments at $73k then closing the balance in July at $700k @BBallInsiders
— Eric Pincus (@EricPincus) January 8, 2019
Oh, and the Bulls waived Carter-Williams immediately after making the deal.
Wow. What a trade.
But seriously, this outlines just how far Carter-Williams has fallen since winning the Rookie of the Year award with the Philadelphia 76ers back in 2014.
The 27-year-old, who played his collegiate basketball at Syracuse University, was originally selected by the Philadelphia 76ers in the first round (11th pick overall) of the 2013 NBA Draft.
Carter-Williams went on to start 70 games for Philadelphia during his rookie campaign, averaging 16.7 points, 6.3 assists, 6.2 rebounds and 1.9 steals per game while shooting 40.5 percent from the floor, 26.4 percent from three-point range and 70.3 percent from the free-throw line.
The fact that Carter-Williams was able to win the Rookie of the Year award that season just goes to show how weak the 2013 draft class was. Yes, Milwaukee Bucks superstar forward Giannis Antetokounmpo was a part of that draft class, but he did not make a big impact in his first season.
Carter-Williams was then traded from Philadelphia to the Milwaukee Bucks midway through his second year and played a year-and-a-half with the Bucks before being traded to the Bulls in October 2016.
He then had a brief stint with the Charlotte Hornets before ending up in Houston this season.
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