Oklahoma City and Chicago have swapped guards, with the Thunder acquiring Alex Caruso from the Bulls in exchange for Josh Giddey on Thursday.

ESPN was the first to report the trade, which cannot become official until July 6.

The 30-year-old Caruso is considered one of the NBA's top defenders, having been named to a pair of All-Defensive teams.

He is also viewed as an important role player for a potential championship contender after helping the Los Angeles Lakers win the 2019-20 title.

The Thunder finished with the Western Conference's best record this past season, but were knocked out of the play-offs in the semi-final round by the Dallas Mavericks.

A seven-year NBA veteran, Caruso averaged career highs of 10.1 points and 3.8 rebounds this past season, along with 3.5 assists and 1.69 steals while starting 57 of 71 games.

Giddey, the sixth overall pick of the 2021 draft, started 80 games for the Thunder this past season, but saw his numbers drop from 2022-23.

After averaging 16.6 points, 7.9 rebounds and 6.2 assists in his second season, the 21-year-old Giddey averaged 12.3 points, 6.4 boards and 4.8 assists in 2023-24. He is a career 46.4 per cent shooter from 3-point range.

He was investigated for having an improper relationship with an underage girl, but the NBA and police were "unable to corroborate any criminal activity."

The NBA dropped its investigation.

San Antonio Spurs star Victor Wembanyama became the first rookie to be voted to the NBA’s All-Defensive first team when the league unveiled the voting on Tuesday.

Wembanyama received 98 of a possible 99 first-team votes to add to an impressive list of accolades after his first NBA season.

Rudy Gobert, the NBA’s Defensive Player of the Year, was the only unanimous first-team selection.

Gobert and Wembanyama were joined on the first team by the Miami Heat’s Bam Adebayo, the Los Angeles Lakers’ Anthony Davis and the New Orleans Pelicans’ Herb Jones.

Gobert was voted All-Defence for the seventh time in his career, all on the first team.

Adebayo, long considered a top-tier defender, was selected to the first team for the first time in his career. Even the veterans, however, were appreciative of Wembanyama’s rookie campaign.

“Coming into this league, obviously he had high expectations because he's 7-3 and shooting step-back 3s. I think a lot of people paid attention more to that than what he actually did on the defensive end,” Adebayo said of Wembanyama. “So, for him to get first team, first come around, it's obviously a great accolade for him.”

Wembanyama led the league with 3.58 blocked shots per game, over a block more per game than any other player. The towering Frenchman was also eighth in the league at 10.6 rebounds per game and ranked in the top 25 with 1.24 steals per game.

This was the first season of position-less voting for the All-Defence teams, leading to a strong preference for interior defenders, but perimeter players were well-represented on the second team.

The Chicago Bulls’ Alex Caruso, the Orlando Magic’s Jalen Suggs, the Minnesota Timberwolves’ Jaden McDaniels and Boston Celtics backcourt mates Jrue Holiday and Derrick White were voted to the All-Defensive second team.

The league will announce its three All-NBA teams on Wednesday.

The Chicago Bulls will have to make do without Zach LaVine and Alex Caruso in their do-or-die Eastern Conference playoffs Game 5 showdown with the Milwaukee Bucks.

Needing a victory to keep the series alive, the Bulls confirmed LaVine and Caruso will play no part at Fiserv Forum on Wednesday.

All-Star LaVine misses out a day after he entered the NBA's health and safety protocol, having revealed he was feeling unwell before a practice session.

Fellow guard Caruso took a blow to his face in the second quarter of an emphatic 119-95 Game 4 defeat on Sunday and is going through concussion protocols.

LaVine had led the Bulls with 24 points, 13 assists and five rebounds in a loss that left them trailing the series 3-1.

A depleted Chicago were already missing Lonzo Ball (knee) and Matt Thomas (leg).

Grayson Allen has been handed a one-game suspension for a foul on Alex Caruso that resulted in the Chicago Bulls guard fracturing his wrist. 

Caruso was ruled out for six to eight weeks after landing awkwardly following "unnecessary and excessive contact" from Allen during the Milwaukee Bucks' 94-90 win over the Bulls. 

Allen was adjudged to have committed a Flagrant 2 foul and he was ejected from the game following the hard foul on the Chicago star as he drove to the rim in the third quarter. 

An NBA statement read: "Milwaukee Bucks guard Grayson Allen has been suspended one game without pay for having made unnecessary and excessive contact against Chicago Bulls guard Alex Caruso, resulting in substantial injury to Caruso. 

"Allen will serve his suspension on Wednesday, January 26 when the Bucks face the [Cleveland] Cavaliers at Rocket Mortgage Fieldhouse in Cleveland, OH." 

The Bulls were already without starting guard Lonzo Ball, who is out for up to two months with a knee injury. 

Caruso has averaged 8.4 points, 3.9 assists and 3.9 rebounds in 27.7 minutes for the Bulls this season.

The Chicago Bulls have announced that guard Alex Caruso will miss six to eight weeks due to a wrist injury sustained in a controversial moment in Friday's 94-90 loss to the Milwaukee Bucks.

Caruso will undergo surgery early next week for a fractured right wrist, having been fouled by Milwaukee's Grayson Allen, who was subsequently ejected.

The former Lakers guard joins Lonzo Ball on the sidelines for the 28-16 Bulls, who have lost five of their past six games.

Caruso's agent Greg Lawrence called Allen's foul, deemed flagrant 2 by the officials, a "cheap shot" given the significant injury it had caused. Bulls head coach Billy Donovan had labelled Allen's act as "dangerous" after the game.

The 27-year-old guard played out the game but admitted his wrist continued to bother him, impacting his shooting.