The Chicago Bulls have reportedly put All-Star center Joakim Noah on the trading block as the ballclub looks to unload more salaries and receive assets in return, and the Phoenix Suns, a team loaded with young talents and assets, could be interested in negotiating a deal to acquire the hustling big man.

In the wake of the blockbuster trade that sent Luol Deng to the Cleveland Cavaliers, the Bulls are reportedly seeking another trade that would create more salary cap space and speed up their rebuilding effort.

According to NBA Insider Chad Ford of ESPN, the Bulls are apparently not done yet in making moves, as they are currently in talks with several teams about the possibility of trading Noah, veteran point guard Kirk Hinrick and even Carlos Boozer (despite his big contract).

"Don't think so. Lots of talk about those two as well as Boozer. I've said this in several of our last Tank Ranks, management has made the decision to tank this season. Coach isn't on board, but they can keep taking cards out of his hand to play," Ford stated during a chat session on ESPN Sports Nation.

Noah, who is averaging just 11.1 points and 10.4 rebounds this season, has carved out a name as one of the best defensive centers in the NBA. His tenacity on both ends of the floor makes him one of the most sought-after big men in the league.

Picks For The Future

Without a doubt, the Bulls can easily shop Noah to any contender and receive a handful of veterans in return, if their true intentions are to clear up salary cap space. However, the Bulls want to speed up their rebuilding process and the only way to fill the void left by Deng, and possibly Noah, is to get a serviceable youngster in the NBA Draft.

With a loaded talent pool in this summer's draft, the Bulls won't likely complain on getting picks in exchange for Noah. The Phoenix Suns have four first-round picks in the 2014 Draft and they have already expressed their intentions of trading some of these picks in exchange for another star that will help them contend in a very rigid Western Conference playoff race.

The Suns have already an explosive backcourt tandem in Eric Bledsoe and Goran Dragic, but Noah's defensive presence will make the team more formidable, according to basketball analysts.

A possible trade scenario could be the Bulls sending Noah to the Suns in exchange for two first round picks, Emeka Okafor and one of the Morris twins , Markieff or Marcus. The Bulls and Suns have roughly a month left to pull off this trade as the trade deadline comes to a close on Feb. 20.