[UPDATE2: ESPNChicago reports it's actually for Miami's 1st round pick (which Toronto owned). Technically that's not much better than Toronto's own 2nd rounder, and one could say it's even nicer to not have the guaranteed salary of a late first in comparison, but I think it sounds way better to sell in future moves. -ed.]]
[UPDATE: JJ to the Raptors: Bumped to the top as a couple unlikely sources (and as I type this, KC Johnson and Nick Friedell are confirming it) are reporting JJ has been dealt for effectively nothing. It does free up more cap room for potential deals the rest of this week. -ed.]
"Bulls open to trading seldom-used forward James Johnson to trim salary and possibly add pick, source tells Y! Sports."