John Paxson spoke about the state of the Chicago Bulls during a radio interview on Thursday. The Bulls are beginning a rebuild after trading away Jimmy Butler in the offseason.

"You can't put a timeline on it, because there's so many variables out there," said Paxson.

Paxson was also asked about their decision to sell the draft pick that became Jordan Bell to the Golden State Warriors. Bell already appears to be a quality rotation player with the Warriors.

Paxson referenced "building up equity" with the ownership of the Bulls for future decisions.