Assigning a "grade" to a trade almost immediately after the deal is announced is typically a foolhardy endeavor. It's difficult to gauge how a player is going to fit in with his new team before a single possession has been played, so declaring winners and losers before that point is generally an act of speculation rather than useful analysis.
But some trades are so straight forward that the positives and negatives can be assessed almost immediately. Such is the case for the lone deal the Trail Blazers executed prior to Thursday's trade deadline, which sent Noah Vonleh and cash to the Chicago Bulls for the rights to Milovan Rakovic.