Chicago sent Jeff Sanders to Miami for a conditional future second-round pick that did not convey.
On October 2, 1990 Chicago traded Jeff Sanders to the Miami Heat for a conditional future second-round draft choice. The conditions were never met, leaving the Bulls without a conveyed pick from the agreement. The deal therefore cannot be treated as an exchange in which Chicago eventually selected or traded a second-round prospect. The original promise and the final asset outcome were materially different.
The Heat acquired Sanders as a possible roster player but waived him less than a month after the trade. That short evaluation did not lead to a sustained Miami rotation role. Miami received the actual player rights for the brief period, yet the completed outcome produced no substantial on-court benefit. It would overstate the transaction to connect Sanders's other career stops to his limited time with the Heat.
Chicago didn't get a selection because its condition failed, and Miami didn't retain the player for a meaningful period. The direct results therefore closely resemble one another despite the very different forms of incoming consideration. No other cash, first-round pick or added player is established in the canonical transaction record. With so little realized basketball value on either side, the balanced grades are more defensible than declaring a winner on hypothetical future value.
Even Trade. Chicago earns C because its conditional second-round choice never conveyed. Miami also receives C because Jeff Sanders was waived less than a month after arriving and did not produce a lasting rotation contribution. Neither franchise acquired meaningful enduring value, so the transaction ends without a practical winner.