The Atlanta Hawks, Chicago Bulls and Sacramento Kings have signaled they plan on using their prized cap space to take on bad salary and extra draft picks. Teams could be looking to decrease their luxury tax bill or to create cap space.

The decision from the Kings is interesting considering they don't own their first round draft pick this season as part of their trade with the Philadelphia 76ers.

The Hawks and Bulls are embarking on multi-year rebuilds.

Zach LaVine will be a restricted free agent in a market without many teams possessing cap space.

The Bulls reportedly would prefer to re-sign LaVine at a number close to $14 million to $16 million per season.

If LaVine signs an offer sheet at $20 million or more per season, the Bulls will have a more difficult decision.

The Bulls acquired LaVine a year ago from the Wolves in the Jimmy Butler trade.

The Chicago Bulls stayed at No. 7 in the 2018 NBA Draft and selected Wendell Carter Jr.

But the Bulls tried to trade up for Marvin Bagley III and Jaren Jackson.

Sources say the Bulls' efforts never got close. The Bulls did discuss trades with both the Atlanta Hawks at No. 3 and Memphis Grizzlies at No. 4.

The Bulls didn't want to sacrifice future first round picks to move up, or take on the contract of Chandler Parsons.

The Bulls privately had hoped the Kings would become enamored with Michael Porter Jr., dropping Bagley to a slot from which the Bulls could possibly trade up and acquire Bagley.

The 2018 NBA Draft is underway in Brooklyn.

1. Phoenix Suns: Deandre Ayton 

2. Sacramento Kings: Marvin Bagley

3. Dallas Mavericks (via Atlanta): Luka Doncic

4. Memphis Grizzlies: Jaren Jackson Jr.

5. Atlanta Hawks (via Dallas): Trae Young

6. Orlando Magic: Mohamed Bamba

7. Chicago Bulls: Wendell Carter Jr.

8. Cleveland Cavaliers (from Brooklyn): Collin Sexton

9. New York Knicks: Kevin Knox

10. Phoenix Suns (via Philadelphia): Mikal Bridges

11. Los Angeles Clippers (from Charlotte: Shai Gilgeous-Alexander

12. Charlotte Hornets (from Detroit via Clippers): Miles Bridges 

13. Los Angeles Clippers: Jerome Robinson

14. Denver Nuggets: Michael Porter Jr.

15. Washinton Wizards: Troy Brown

16. Philadelphia 76ers (from Phoenix/Miami): Zhaire Smith

17. Milwaukee Bucks: Donte DiVincenzo

18. San Antonio Spurs: Lonnie Walker

19. Atlanta Hawks (from Minnesota): Kevin Huerter

20. Minnesota Timberwolves (from Oklahoma City): Josh Okogie

21. Utah Jazz: Grayson Allen

22. Chicago Bulls (from New Orleans): Chandler Hutchison

23. Indiana Pacers: Aaron Holiday

24. Portland Trail Blazers: Anfernee Simons

25. Los Angeles Lakers (from Cleveland): Moritz Wagner

26. Philadelphia 76ers: Landry Shamet

27. Boston Celtics: Robert Williams

28. Golden State Warriors: Jacob Evans

29. Brooklyn Nets (from Toronto): Dzanan Musa

30. Atlanta Hawks (from Houston): Omari Spellman

Second Round

31. Phoenix Suns: Elie Okobo

32. Memphis Grizzlies: Jevon Carter

33. Dallas Mavericks: Jalen Brunson

34. Charlotte Hornets: Devonte Graham

35. Orlando Magic: Melvin Frazier

36. New York Knicks: Mitchell Robinson

37. Portland Trail Blazers (via Sacramento): Gary Trent Jr.

38. Detroit Pistons (via Philadelphia): Khyri Thomas

39. Los Angeles Lakers (via Philadelphia): Isaac Bonga

40. Brooklyn Nets: Rodions Kurucs

41. Denver Nuggets (via Orlando): Jarred Vanderbilt

42. Detroit Pistons: Bruce Brown

43. Orlando Magic (via Denver): Justin Jackson

44. Washington Wizards: Issuf Sanon

45. Charlotte Hornets (via Brooklyn): Hamidou Diallo

46. Houston Rockets: De'Anthony Melton

47. Los Angeles Lakers: Sviatoslav Mykhailiuk

48. Minnesota Timberwolves: Keita Bates-Diop

49. San Antonio Spurs: Chimezie Metu

50. Indiana Pacers: Alize Johnson

51. New Orleans Pelicans: Tony Carr

52. Houston Rockets (via Utah): Vince Edwards

53. Oklahoma City Thunder: Devon Hall

54. Philadelphia 76ers (via Dallas): Shake Milton 

55. Charlotte Hornets: Arnoldas Kulboka

56. Dallas Mavericks: Ray Spalding

57. Oklahoma City Thunder: Kevin Hervey

58. Denver Nuggets: Thomas Welsh

59. Phoenix Suns: George King

60. Dallas Mavericks: Kostas Antetokounmpo

The Memphis Grizzlies are holding trade talks with several teams concerning the No. 4 overall pick and Chandler Parsons.

Parsons' contract is considered an albatross due to his ongoing knee issues. Parsons is owed $49.2 million over the next two seasons.

The Grizzlies would like to trade back rather than trading out of the lottery altogether. 

The Dallas Mavericks, Orlando Magic, Chicago Bulls, New York Knicks, Denver Nuggets, Boston Celtics and Los Angeles Clippers have each showed varying degrees of interest in a deal.

The Grizzlies are high on Wendell Carter Jr., but he's currently projected to be a top-7 pick.

Aaron Gordon and Zach LaVine are expected to be two of the top restricted free agents on the open market this offseason.

The Orlando Magic and Chicago Bulls are widely expected to keep Gordon and LaVine respectively.

"I think both teams are aware that they need to go to a max number for them. The question will be are they going to go get a sheet? The sentiment I've gotten from both teams is (that they'll match a max offer sheet)."

The NBA's first league-hosted Global Camp featured 29 out of 30 teams with the Chicago Bulls being the lone absentee.

The league took over hosting duties from Adidas, who ran the camp from 2003 until 2017.

Camp officials told ESPN that the Bulls declined to participate due to a $10,000 fee charged to every team to subsidize expenses.

The Bulls denied skipping the camp due to the fee.

“We made a decision not to attend the Treviso camp given our trust in our director of international scouting, Ivica Dukan, and his knowledge of the event and the prospects in attendance,” executive vice president John Paxson said Thursday to the Chicago Tribune. “We are also currently holding workouts for our two first-round draft picks and want all of our scouts present as we go about this very important process.”