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Cavs make Lonzo Ball addition official: We are very excited about this opportunity

July 6, 2025 by Hoops Hype

The Cleveland Cavaliers have acquired guard Lonzo Ball in a trade with the Chicago Bulls, Cavaliers President of Basketball Operations Koby Altman announced today from Cleveland Clinic Courts. As part of the trade, the Cavaliers sent forward Isaac Okoro to Chicago. “We are very excited about this opportunity to acquire someone with the skillset and versatility that Lonzo Ball brings to this team,” said Altman. “We have built a team for sustainable success and finding a way to improve around the edges has been our focus this offseason, and the addition of Lonzo represents part of that process. I would also like to thank Isaac Okoro for his professionalism, hard work, and the true grit he brought to the court during his five seasons in Cleveland. We wish Isaac and his family nothing but the best in the future.”
Source: NBA.com

What’s the buzz on Twitter?

Chuck Swirsky @ctsbulls
The Bulls make it official. Lonzo Ball to the Cavs for Issac Okoro. Thank you @ZO2_ for your time, professionalism and kindness. Total class. Wishing you the best. – 1:07 PM
Danny Cunningham @RealDCunningham
The #Cavs trade for Lonzo Ball has been made official. – 1:02 PM

More on this storyline

During a guest appearance on the “What an Experience” podcast, the 27-year-old point guard explained why he’s so excited to play for the Cavs. Lonzo Ball is grateful for the opportunity to play for a title-contending team and opened up about how happy he is to be a part of the Cavaliers. “Just playing, competing for a ring. I feel like that should be the goal, I feel like that is the goal,” said Lonzo Ball. “So, happy to get over there and get started. To meet everybody, get familiar with everything, and take it as far as we can. “I feel like it’s just a blessing, bro. To be honest, I mean, everybody keeps asking me how I feel about the trade. I’m like, s*** I’m happy to still be playing anywhere, let alone a team that has a real chance to win a ring. My whole life, I feel like I’ve been playing the right brand of basketball, and that’s to win games, so I feel like I’m going to a great situation and I just want to play my role and do what I can to help.” -via Clutch Points / July 4, 2025
First up on Chicago’s to-do list is to re-sign Josh Giddey, a restricted free agent who is expected to command a salary near $30 million annually, sources told ESPN. The move to acquire Giddey in a player-for-player trade, without any additional draft compensation, looked a lot like the deal the team made last week when it swapped Lonzo Ball (age 27) for Isaac Okoro (age 24) from Cleveland. -via ESPN / June 30, 2025
Jake Fischer: That is indeed the full trade, per source: Lonzo Ball to Cleveland for Isaac Okoro. It’s a straight-up deal between the Cavaliers and Bulls. No draft picks changing hands. -via x.com / June 28, 2025

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