A league source told ESPN.com that Denver also is in discussions with Chicago regarding a J.R. Smith trade
J.R. Smith fits interestingly with the Bulls. On the one hand, he provides the shooting, athleticism, and size to make an ideal shooting guard next to Derrick Rose. On the other hand, those skills are packaged into one of the more undisciplined players in the league, both on and off the court.
Smith isn't exactly the type of player that screams Bulls, however his skillset is intriguing. Though he's not the shooter that Korver is or the defender that Brewer is, he's more of a shot creator than either player and can provide solid offense with enough size and athleticism to still be active on defense.
Still, given the types of player the Bulls like to bring in historically I'm skeptical of the report. If the Bulls were to make a trade, then there are the basic possibilities:
1: Korver (possibly with a pick or James Johnson)
2: Brewer (possibly with a pick or James Johnson)
3: Watson + Johnson (or Bogans/Thomas) possibly with a pick
4: Bogans + Johnson + Thomas (possibly with a pick)
I don't see the Bulls moving Korver, Brewer, or Watson in such a trade which makes the final trade the most likely of any scenario if a trade were to occur. Brewer/Korver are similarly talented with better attitudes, and the Bulls would need to find another backup PG in order to trade Watson.
The final scenario gives the Bulls a nice talent upgrade, but I'm not sure if the chemistry downgrade is worth it. I'm filing this one under "not buying it".