This is True

1. The Lakers and Bulls have been talking. This is news because despite what you've read, they haven't spoken about #24 since before the draft, and it was a cursory discussion then.

2. The teams are not ideal trading partners, mostly because the contracts the Bulls have are not ideal for a team that would be starting over. Moreover, many of the contracts the Bulls have will be hard to move right away.

3. The terms discussed thus far are surprisingly vague. I'm told that this is how it usually goes, that rather than jump into the sack, two potential trading partners generally speak abstractly about what they'd like to have financially, talent-wise, etc. Or maybe part of this is because of #2, and that the things the Bulls have and would be willing to part with for The Player That Formerly Wore #8 might have to be moved to a 3rd team.

4. A certain guy that used to wear #23 phoned to try to get in on what's happening, probably in relation to what's described in the latter half of #3 above.