Skip to content

Report: Luol Deng, Bulls contract extension talks stall out

Sep 10, 2013, 2:57 AM EST

Luol Deng AP

Earlier this summer, the Chicago Bulls and Luol Deng started talking contract extension. He is set to make $14.3 million this season in the final year of his deal and there was interest on both sides to extend their 10-year relationship.

However, talks have stalled out, reports Aggrey Sam of CSNChicago.com.

But when the talks were revisited, the Bulls opted to put those plans on hold for the time being and risk the team’s longest-tenured player becoming an unrestricted free agent next summer, according to a source with direct knowledge of the situation.

“We were optimistic,” the source said of the mentality Deng’s camp had heading into the late August meeting, approximately two weeks ago. “Our goal was to get an extension done this summer. If that’s not what they want to do, so be it.”

It leaves you wondering what the Bulls plans are long term for Deng, who averaged 16.5 points a game last season but shot just 42.6 percent overall (32 percent from three) and grabbed 6.5 rebounds a game. Deng missed part of the playoffs dealing with a life-threatening condition following a spinal tap.

There have been questions about whether the Bulls front office thinks Derrick Rose, Joakim Noah and Deng can be the cornerstones of a champion — and if not the Bulls already are committed to Rose and Noah for several more years.

The Bulls could let Deng walk next summer, amnesty Carlos Boozer and have the money to chase another player on the free agent market (likely not LeBron James or Carmelo Anthony; however Danny Granger, Zach Randolph, Rudy Gay and others are potentially on the market next summer). They could go after a different guy as the third piece.

Or, the Bulls could dangle Deng in trades closer to the deadline. Or they could just re-sign him next summer once the market sets his price.

Whatever happens Deng will land on his feet. On the open market he would be in the second tier of free agents out there next summer and likely would make north of $10 million a year (Sam has a source say he will get about $12 million).

In the short term, the Bulls get Rose back and with Deng, Noah, Taj Gibson and the rest to see if they really can compete with the Heat, Pacers and other top teams in the East. We’ve seen them do it in the regular season, but what will happen with a fully healthy Bulls team in the playoffs remains to be seen.

Latest Posts
  1. Josh Smith makes Rockets debut, throws down two-handed dunk (VIDEO)

    Dec 26, 2014, 9:45 PM EST

    Josh Smith Josh Smith

    Hopefully there are more of these and fewer threes.

  2. Michael Jordan’s message to Kobe Bryant: “Go get Karl”

    Dec 26, 2014, 4:29 PM EST

    Los Angeles Lakers v Minnesota Timberwolves Getty Images

    At 25 points a game it would still take Kobe 182 games to catch Malone. That’s not likely.

  3. Carmelo Anthony on the Knicks: “The fans are dying, we’re dying”

    Dec 26, 2014, 3:00 PM EST

    Washington Wizards v New York Knicks Getty Images

    Knicks fans are going to need to be patient, something New Yorkers have long been know for. *cough*

  4. Spencer Hawes Christmas Day suit was…. well, you should just see it (VIDEO)

    Dec 26, 2014, 8:00 AM EST

    Spencer Hawes AP

    Well, you don’t see that every day. Fortunately.

  5. Clippers win ‘nice, boring’ Christmas Day battle with Warriors

    Dec 26, 2014, 2:56 AM EST

    Golden State Warriors v Los Angeles Clippers AP

    The flagrant fouls and ejections we’ve come to expect from these teams were non-existent, as L.A. came away with a “signature win” over the league-leading Warriors.

  6. Pau Gasol shines in his first matchup with the Lakers

    Dec 25, 2014, 11:48 PM EST

    Chicago Bulls v Atlanta Hawks Getty Images

    The Bulls blew out the Lakers on Christmas.

  7. Miami fans give LeBron warm welcome, Heat team not so much in upset win

    Dec 25, 2014, 11:31 PM EST

    Dwyane Wade, LeBron James Dwyane Wade, LeBron James

    Wade was brilliant… for a half, anyway. But that was enough.

Featured video

Who will land Josh Smith?
Top 10 NBA Player Searches
  1. K. Durant (8653)
  2. K. Bryant (7085)
  3. K. Martin (6604)
  4. J. Smith (6603)
  5. K. Leonard (6288)
  1. C. Bosh (6055)
  2. Z. Randolph (5971)
  3. T. Jones (5858)
  4. D. Williams (5841)
  5. T. Parker (5562)