The Bulls have just completed a second trade in as many days sending Larry Hughes to the New York Knicks in exchange for Tim Thomas, Jerome James and Anthony Roberson. It will be interesting to see what the Bulls do with Thomas, being that last time he was in Chicago the team released him after playing just 3 games. More trades could come.

Update: The Bulls have traded Thabo Sefolosha to Oklahoma City for one of the Thunder’s five first-round picks in the next two drafts. The full roster now stands at 13.