Business
Bulls Land Rob Dillingham in Multi-Player Deal With Timberwolves
The Chicago Bulls have acquired rookie guard Rob Dillingham from the Minnesota Timberwolves in a multi-player trade that signals a fresh direction for both franchises ahead of the stretch run. The deal also sends forward Leonard Miller to Chicago, while guard Ayo Dosunmu heads to Minnesota, where he is expected to step into the Timberwolves’ rotation as soon as he is cleared from a quadriceps injury.

Trade details reshape both backcourts
Minnesota is sending Dillingham and Miller to the Bulls as part of a package for Dosunmu, with multiple outlets reporting that the Timberwolves are also receiving forward Julian Phillips and sending four second-round picks to Chicago. Dosunmu, 26, has missed time with a quad issue but is projected to join Minnesota’s backcourt mix immediately once healthy, adding scoring, length and defensive versatility to a team with Western Conference aspirations.
For Chicago, the move is another in a series of guard-focused trades that have dramatically reshaped the roster. The Bulls recently added Jaden Ivey, Collin Sexton and Anfernee Simons, and Dillingham now joins that crowded group as a high-upside but unproven rookie. With so many ball-handlers and scorers on the depth chart, his exact role remains unclear and could depend on future moves or injury developments.
Timberwolves bet on win-now guard help
The Timberwolves’ side of the trade is centered on Dosunmu, who is enjoying a career year in Chicago. He is averaging about 15 points, 3.6 assists and 3 rebounds per game while shooting over 51 percent from the field and an elite 45 percent from three-point range, production that has made him an attractive target for contenders in need of reliable two-way guard play.
Minnesota’s front office appears to view Dosunmu as an ideal fit to bolster a bench that has been heavily leaned on during consecutive deep playoff runs. His ability to guard multiple positions on the perimeter, hit catch-and-shoot threes and handle secondary playmaking duties aligns with the Timberwolves’ emphasis on depth and defensive intensity.
By parting with Dillingham, Miller and four second-round picks, the Timberwolves are effectively choosing proven production over potential. The move follows a broader pattern of Minnesota pushing chips in to maximize its current competitive window after back-to-back trips to the Western Conference Finals.
Bulls continue aggressive rebuild
For Chicago, the trade extends an aggressive mid-season overhaul that has seen the front office turn over a significant portion of the rotation and stockpile draft capital. In addition to earlier deals that moved veterans and added multiple second-round selections, the Bulls now bring in another young, offensively gifted guard in Dillingham, along with a versatile forward prospect in Miller.
Reports indicate the Bulls have already accumulated at least nine second-round picks and nine new players through a flurry of trades, underscoring a pivot toward youth and flexibility rather than chasing the middle of the Eastern Conference standings with a veteran-heavy core. The decision to move Dosunmu — whose trade value is widely considered to be at or near its peak — for a package built around prospects and seconds reflects that longer-term strategy.
Dillingham faces crowded backcourt in Chicago
Dillingham, a dynamic rookie guard known for his scoring instincts and playmaking upside, enters a Bulls situation that could either accelerate his development or limit his early minutes. Chicago’s recent acquisitions of Ivey, Sexton and Simons have already created stiff competition for backcourt minutes, and Dillingham is “likely buried in the depth chart” at least initially, according to the initial fantasy-focused report.
That reality has fueled debate among fans and analysts about whether the Bulls envision Dillingham as a long-term piece or as another asset that could be moved in future deals. Some observers argue that he is the type of high-upside guard who could thrive with more opportunity, possibly on an expansion team or a franchise in a more radical rebuilding phase, rather than behind a stack of established scorers.
Miller, meanwhile, offers Chicago length and athleticism in the frontcourt, with the potential to grow into a rotational forward if his defense and shooting continue to develop. His inclusion also provides the Bulls with another young, cost-controlled piece as they reshape the roster around their next core.
Fan reaction mixed, with scrutiny on Bulls’ front office
Reaction to the trade has been mixed across the league’s fan base, with particular scrutiny directed at Chicago’s front office. Some fans and commentators have praised the Bulls for capitalizing on Dosunmu’s peak value and landing a highly touted rookie guard plus additional assets without surrendering a first-round pick. Others have criticized the move as another example of the franchise holding onto players too long or failing to extract maximum value in trades, pointing to past decisions and a perception of organizational conservatism.
On the Minnesota side, the general sentiment is that the Timberwolves paid a meaningful but reasonable price for an impact guard who can help immediately, especially given that they did not have to part with any first-round draft capital. Still, some fans lament the loss of Dillingham’s potential and Miller’s upside, noting that both could flourish with more opportunity in Chicago or elsewhere.
Outlook: Short-term gains vs. long-term upside
For the Timberwolves, the calculus is straightforward: Dosunmu’s current production and skill set address immediate needs on a roster built to contend now. His expiring contract adds some risk—he is set to become an unrestricted free agent at season’s end—but Minnesota is betting that his impact this year justifies the cost and that the team will have a chance to re-sign him.
Chicago, conversely, continues to trade near-term certainty for long-term upside, stocking the roster with young players and stocking the asset cupboard with second-round picks. Whether Dillingham can carve out a meaningful role amid the Bulls’ guard logjam could be a key storyline for both his development and Chicago’s rebuilding timeline.
As the trade deadline dust settles, the deal stands as one of the more intriguing gambles of this cycle: a win-now push by Minnesota that hinges on Dosunmu’s ability to translate his Chicago breakout to a new system, and a high-variance play by the Bulls that depends on Dillingham and Miller growing into difference-makers in a crowded, evolving roster.
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BlackRock’s Larry Fink proposes Social Security reform to diversify investments
The Big Money Show panel discusses the alarming new analysis showing Social Security and Medicare racing toward insolvency and warns that retirees face steep benefit cuts unless Washington acts fast.
BlackRock CEO Larry Fink discussed possible Social Security reforms that would allow more Americans to benefit from the growth in the stock market while also ensuring the program is strengthened so it can survive to serve future generations.
Fink’s recently released annual chairman’s letter touched on how Social Security is “one of the most effective poverty-prevention programs in history” and that while it provides stability, it “doesn’t allow most Americans to build wealth in a way that grows their country.”
“Today, the system operates largely on a pay-as-you-go basis. Payroll taxes are used to pay current retirees, and the Social Security trust fund is invested primarily in U.S. Treasury bonds. In effect, workers lend money to the government and receive defined benefits in return.”
“The structure, designed as a social insurance program, emphasizes stability and predictability. What it doesn’t do is let people grow their benefits along with the broader economy. The question is whether the Social Security system could allow both,” Fink said.
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BlackRock CEO Larry Fink said that Americans need to discuss ways to reform Social Security ahead of its insolvency. (Hollie Adams/Bloomberg via Getty Images)
He said that this could be accomplished by asking whether a portion of the system could be invested “carefully, broadly, and over decades” like other long-term pension systems.
“This would not mean privatizing Social Security or putting it all into the stock market,” Fink wrote. “It would mean introducing a measure of diversification, similar in principle to the federal Thrift Savings Plan, which manages retirement savings for millions of federal employees.”
“The goal would be to strengthen the system over time while preserving its core guarantees,” he added.
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Social Security’s main trust fund is on a path to insolvency in less than a decade, when benefits would be automatically cut to match payroll tax revenue. (Getty Images/iStock)
Fink noted a bipartisan proposal from Sens. Bill Cassidy, R-La., and Tim Kaine, D-Va., that would create a new investment fund that operates parallel to the existing trust fund rather than replacing it while investing in a diversified mix of stocks and bonds to generate higher returns.
The proposal would require an initial investment of about $1.5 trillion and would be given 75 years to grow, and during that period the Treasury would continue covering Social Security benefits.
Once the fund matures, it would repay the Treasury and then supplement payroll taxes going forward to help close the gap between what the Social Security system takes in and what it pays out – while no one on Social Security or nearing retirement would see a change to their benefits.
Fink also noted that about six million Americans who are employed by state and local governments don’t currently contribute to Social Security and instead rely on public pension systems that invest in diversified portfolios.
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Other examples of alternative pension systems can be found overseas, with Australia’s superannuation system representing an approach that invests retirement contributions in the financial markets. Fink said that a “similar, carefully structured approach could be considered to strengthen Social Security.”
“I understand why any talk of changing Social Security makes people uneasy. Social Security is a core promise, and people rightly believe it should be honored. But under the current system, doing nothing could very well break that promise,” he said.
“Current projections show the trust fund won’t be able to pay full benefits by 2033. Many young Americans doubt they’ll ever fully see theirs,” he explained. “Addressing that gap will likely require multiple solutions. But thoughtful, long-term investing could be one of them.”
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An analysis by the nonpartisan Committee for a Responsible Federal Budget (CRFB) noted that when Social Security’s main trust fund reaches insolvency – which is projected to occur in 2032 – federal law requires benefits be cut to match revenue from payroll taxes, which would amount to a roughly 24% cut for beneficiaries.
Fink noted that his chairman’s letter two years ago was focused on rethinking retirement and generated criticism for suggesting that Social Security was in need of reforms. He acknowledged that the latest letter may do the same, but said it’s a conversation that needs to be had.
“In my 50 years in finance, if there’s one thing I’ve learned, it’s that the problems we don’t talk about are the ones that should worry us most. And that’s exactly why we need the conversation now – because the cost of waiting is only getting higher,” he said.
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