The Minnesota Timberwolves are finalizing a trade for Chicago Bulls guard Ayo Dosunmu, two team sources told The Athletic.

Minnesota will send guard Rob Dillingham, forward Leonard Miller and four second-round picks to Chicago in the deal while also receiving forward Julian Phillips.

This is an important move for Minnesota, which needed to bolster its bench. Dosunmu is a good defender and is hitting 45 percent from 3 this season. He could be what Nickeil Alexander-Walker was for the Timberwolves last season. (Alexander-Walker signed with the Atlanta Hawks as a free agent last summer).

The Bulls continue their active trade deadline, which has seen them move on from veterans Coby White, Nikola Vučević, Kevin Huerter and Dosunmu, as well as fourth-year guard Dalen Terry. In addition to draft compensation and other players, the Bulls have acquired four combo guards players who are 6-foot-3 or shorter in those deals: Jaden Ivey, Collin Sexton, Anfernee Simons and, now, Dillingham.

The Bulls have also amassed nine second-round picks so far this trade season. They also have two first-round picks this season, and their own first-rounder in each draft through 2032.

The 26-year-old Dosunmu is averaging 15.0 points, 3.0 rebounds and 3.6 assists per game while shooting 51.4 percent from the field. He is in the final year of a three-year, $21 million contract.

To acquire Dosunmu, the Timberwolves moved on from Dillingham. Timberwolves President of Basketball Operations Tim Connelly paid a pretty penny in 2024 to acquire the eighth overall pick in the draft from San Antonio and select Dillingham. The Wolves gave the Spurs their 2031 unprotected first-round pick and a 2030 swap because Connelly believed Dillingham, 21, could be the team’s point guard of the future.

That was before the Wolves acquired another guard, Donte DiVincenzo, in the Karl-Anthony Towns-Julius Randle trade, which took many of the minutes that would have been allocated to Dillingham.

The undersized guard and coach Chris Finch never meshed. Dillingham barely played at all as a rookie and only spent a brief time in the rotation this season before being exiled to the bench in favor of Bones Hyland.

Dillingham has an NBA first step, but his limitations defensively and struggles shooting – he is shooting 33 percent from the field this season – have kept him glued to the bench. The Bulls will now try to rehabilitate his value.

This story will be updated.