The Cavaliers will be picking #1 again for the third time in four years after hitting on a 1.7% chance to win the lottery. I suppose the conspiracy theorists will say the NBA just wants to make up for that whole LeBron James thing by putting a dominant team in one of the crappiest markets in the NBA instead of in Boston or L.A.
The results of the lottery weren't particularly great for the NBA as the top two picks will go to lousy markets. I suppose Philly's a decent market, but with Boston and L.A. in prime position to move up and not doing so, the biggest markets not only won't get a pick, but also slid back a slot from their default place as Cleveland jumped them.
Would the Bulls trade Tom Thibodeau for the #7 pick in the draft? That might be the question on the board now. Clearly the Lakers, if they were considering making a move for Thibs, were waiting to see where waiting to see where their pick fell. Noah Vonleh and Marcus Smart represent the #7 slots on draftexpress.com and nbadraft.net respectively.
I doubt the Lakers will make such a move, but moving back an additional slot and not winning the lottery may make it at least a possibility. As for the Bulls would they accept one? I think they should if it's on the table, but it might negatively impact their FA search if they do which means maybe they shouldn't.
If you lose Melo out on the trade, then it might be wise to pass, but this current roster construction for Chicago has a small enough chance at winning that gambling on talent in the draft might be a worthwhile endeavor. On top of that, Melo's a fairly low percentage chance anyway. If I could add the 7th pick in this draft for Thibs I'm in though.
The relationship between Thibs and management shows enough strain that he won't be here after this deal is over. Not unless the situation here is so much better than his alternatives, but that's unlikely. He'll be courted by L.A. and N.Y. and by the time his deal is done, the Bulls will be about ready to rebuild most likely.
As for the rest of the results, the Bulls would have benefited from Sacramento moving up, but instead they also move down a slot. Chicago needs the Kings to improve enough to push their pick into the #11 slot so it won't be top 10 protected and a top three pick would have gone a long way towards getting them there.
The Cavs moving up might help Chicago if they can make the playoffs next season but still finish worse than the Bulls. In that scenario, the Bulls would be eligible to swap fist rounders with Cleveland as part of the Luol Deng trade. Odds are this won't make a huge difference in the grand scheme of things since Chicago could, at best, move up to pick #15, but it's better than nothing if it pans out.
However, it probably does make the Bulls 2015 first rounder at least somewhat more attractive in terms of trade value, particularly if the Bulls look to make a move around the deadline, are playing very well, and Cleveland looks like a low rung playoff team.