The Chicago Bulls and forward Lauri Markkanen are open to a sign-and-trade deal, league sources told HoopsHype. One team to keep an eye on in the sign-and-trade market for Markkanen is the Minnesota Timberwolves, who’ve been searching for an upgrade at the power forward position.

Multiple teams with cap space entering the offseason also have Markkanen on their free agency radar, including the San Antonio Spurs and Oklahoma City Thunder, HoopsHype has learned.

Markkanen, 24, shot a career-high from the field (.480) and beyond the arc (.402) last season with the Bulls.

Chicago recently extended a qualifying offer to Markkanen, which will make him a restricted free agent entering the market. Markkanen wants to play a larger role after a reduced role in Chicago last season.

For the latest rumors on Markkanen, click here.

The Toronto Raptors, New York Knicks, Detroit Pistons, and Sacramento Kings are all expected to pursue Nerlens Noel in free agency, league sources told HoopsHype.

Toronto has several centers on their free agency radar, including Jarrett Allen, Richaun Holmes, and Noel. Aron Baynes’ $7.35 million salary is non-guaranteed for next season, as noted on our Raptors salary page, and Khem Birch is also an unrestricted free agent.

Noel helped anchor a Knicks defense that ranked 13th in opponent rim field goal percentage last season (63.2 percent) to the best in the league this year (60.5 percent). The Knicks also had a 25-16 record when Noel started and 16-15 when he did not. New York exercised its $1.8 million team option on Mitchell Robinson. Given how the tandem of Robinson and Noel worked effectively last season, there’s interest in re-signing Noel from New York.

Should Nerlens join the Pistons, he’d be reunited with former Sixers teammate Jerami Grant, one of his close friends. Following the trade of Mason Plumlee to the Hornets, the Pistons will look to the market for a replacement.

Sacramento’s interest in Noel will be affected by what happens with their own free-agent center, Richaun Holmes, as previously noted on the HoopsHype podcast.

MORE: Nerlens Noel: ‘I’m one of the best big men defensively in this league’

For the latest rumors on Noel, click here.

The Detroit Pistons have interest in signing center Kelly Olynyk in free agency following the trade of Mason Plumlee to Charlotte, league sources told HoopsHype.

Some around the league believe Olynyk could command between the full mid-level exception and $12 million annually on the market.

Olynyk thrived with an expanded role in 27 games for the Rockets. Olynyk averaged 19 points on 54.5 percent shooting from the field and 39.2 percent from beyond the arc. He added 8.4 rebounds, 4.1 assists, and 1.4 steals per game for good measure.

For the latest rumors on Olynyk, click here.

While Lou Williams and the Atlanta Hawks have expressed a mutual desire for a return, other Eastern Conference teams, including the Indiana Pacers and Milwaukee Bucks, are expected to pursue the three-time Sixth Man of the Year winner, league sources told HoopsHype.

Williams is seeking a deal for two or three years, as previously noted on the HoopsHype podcast. He stepped up in place of Trae Young during the playoffs for the Hawks, averaging 19 points on 62.5 percent shooting and 6.5 assists while starting Games 4 and 5 against the Bucks in the Eastern Conference Finals.

For the latest rumors on Williams, click here.

MORE: Spencer Dinwiddie interested in joining Wizards

MORE: Kelly Oubre Jr. on free agency: ‘I want to continue to show all the things I’m capable of and not be put in a box’

You can follow Michael Scotto on Twitter: @MikeAScotto