From Marc Stein's twitter.
CHI would insist on Bayless to replace Hinrich (and Gordon). POR not prepared to include Bayless. And ...
CHI would want to substitute TIM Thomas (who was pulled out of the Marion deal) for Tyrus Thomas. UTA not interested in Tim Thomas.
Important clarification: CHI's preference to switch TIM Thomas for TY Thomas is believed to be a condition if they COULDN'T get Bayless
Can't blame the Bulls for wanting to get a guard back in the trade. I'd be game to do the trade without Bayless though. It saves the team money this year and allows them to bring spend a little bit more on a backup guard.
It would make our guard rotation thin, but it would help our front court rotation a ton. If the Bulls could get Bayless out of the deal they'd get an extra gold star. I'm somewhat surprised Portland is holding out for him given that they are stacked at guard and Bayless didn't play much last season.
They must be fairly high on his long term future given that his short term future doesn't figure to include much playing time after a Hinrich trade.