Knicks Receive: Coby White
Bulls Receive: Frank Ntilikina, 2021 1st Round Pick (via DAL), 2023 1st Round Pick (via DAL)
This trade is headlined by White coming to the Mecca and joining the Knicks. He would give them a reliable option at the top of their offense for the first time in years. The Knicks have plenty of options to send back to Chicago in a trade like this.
Frank Ntilikina would be on his way to Chicago to replace White for the Bulls. The Bulls would also get two first-round picks, both coming from the Dallas Mavericks.
White may not be a star yet, but he has that kind of potential. With a bigger role for the Knicks, his scoring numbers should rise dramatically.
Here is why this particular trade would benefit each team during their rebuilding period.