Jan 7, 2014, 1:30 AM EDT
The Chicago Bulls have agreed to trade Luol Deng to the Cleveland Cavaliers for Andrew Bynum and a first round pick (the Kings’ pick owned by the Cavs that is top 12 protected this season, top 10 protected the next couple), the teams have announced. This was a story broken by Shams Charania of Real GM and quickly confirmed by Brian Windhorst of ESPN and Aggrey Sam of CSNChicago.com.
“We have great respect for Luol Deng, as a player and a person. He has been an incredible contributor to our team on the court, and he has also done great things in the community. On behalf of the entire Bulls organization, I want to thank Luol for his years in Chicago. The moves made today will put us in a better position to make the entire roster stronger for the future and to compete for a championship,” said Bulls GM Gus Forman in a statement released by the team.
Deng had rejected a three-year, $30 million extension from the Bulls last week, reports Adrain Wojnarowski of Yahoo Sports. That made the Bulls think he was leaving this summer as a free agent, so they wanted to get something for him.
The Cavs had wanted to upgrade at the three and get a guy who could help them make a push toward the playoffs in the East — Deng gives them a real chance at that (although it’s going to take more than just Deng to get them there, Kyrie Irving has to be healthy and better). The Cavaliers are just three games out of the playoffs in the East so the playoffs remain a reasonable goal. The real risk for them is that they are unable to re-sign free agent to be Deng this summer — if he walks this is a little bit of a loss, but not really a big one because the Cavs would have waived Bynum themselves. This was a solid gamble.
The Bulls will waive Bynum Tuesday and with that save $15 million this season to get under the luxury tax. As we have noted before, if they now amnesty Carlos Boozer this summer (as expected) the Bulls will have about $10 million at least cap space to go after another free agent to go with a core of Derrick Rose, Joakim Noah, Taj Gibson and Jimmy Butler. Plus Bulls management believes Nikola Mirotic (who is still playing well in Europe but is expected to be in the NBA next season) will be a big part of that future. The Bulls now also potentially have the Sacramento pick in this draft (top 12 protected, so the Bulls probably don’t get it it this year) and Charlotte’s first rounder (top 10 protected) not to mention their own pick to add some depth to that core.
While Rose’s people have leaked he doesn’t want to be part of a rebuilding process, this isn’t a full “tear it down” rebuild, by the time he returns this will be a good and potentially very good team.
This shows why the Cavaliers were not willing to throw in another pick or piece in talks with the Lakers — they had coveted Deng more than Pau Gasol and were willing to give up more to get him.
Jul 30, 2014, 6:59 PM EDT
“He’s playing out of his mind. He’s being Derrick Rose.” —Anthony Davis on Rose.
Jul 30, 2014, 6:05 PM EDT
NBA reportedly wanted Bavetta to retire four years ago
Jul 30, 2014, 5:17 PM EDT
The elicits a shrug of the shoulders. Not much else.
Jul 30, 2014, 4:29 PM EDT
Thunder star texted Davis after winning the award last season: ‘You on your way to get it’
Tony Parker says skipping FIBA World Championships this summer was a way for him to ‘give back to the Spurs’
Jul 30, 2014, 3:41 PM EDT
Parker has played 91 extra games since his last summer break three seasons ago.
Jul 30, 2014, 2:59 PM EDT
“Guys that don’t have a reputation for playing hard defense are picking up full court.” —Damian Lillard on the level of play at Team USA training camp.
Jul 30, 2014, 2:19 PM EDT
Dallas originally signed Lewis, but voided his contract once it was discovered he would require knee surgery.
Jul 30, 2014, 1:34 PM EDT
Cleveland, Chicago, Indiana, Miami, Toronto and Washington all simply shake their heads.
Jul 30, 2014, 12:47 PM EDT
World Peace hasn’t drawn legitimate interest from NBA teams, so he’s considering playing overseas.
Jul 30, 2014, 12:01 PM EDT
Silly idea anyway.
Report: Anthony Bennett pulled from pro-am by agent, possibly due to his inclusion in Kevin Love trade talks
Jul 30, 2014, 11:14 AM EDT
Just like Love, Bennett is not going to be playing in any games this summer until a deal is done.
Jul 30, 2014, 10:32 AM EDT
Sixers put a multi-year plan together based on current rules, which would be adversely affected with a quick change to the system.
Jul 30, 2014, 9:55 AM EDT
This was 100 percent guaranteed.
Jul 30, 2014, 9:18 AM EDT
Hayward set to earn $62,965,420 over next four years
Jul 30, 2014, 8:40 AM EDT
“Everyone talks about match-ups (with big teams such as Spain), people have to match-up against us, too.” — USA Basketball coach Mike Krzyzewski
Jul 30, 2014, 8:00 AM EDT
LeBron still not as popular as prior to The Decision, though. It’s only a matter of time until he is.
Jul 30, 2014, 1:30 AM EDT
Cavaliers guard says initial response stemmed from his straightforward approach, confidence
Jul 30, 2014, 12:30 AM EDT
Collective Bargaining Agreement limits offseason charity games to United States and Canada
Jul 29, 2014, 11:33 PM EDT
Union voted in Michele Roberts instead
Jul 29, 2014, 10:33 PM EDT
Popovich signed contract extension with Spurs this offseason
- Coach K on Rose: “Derrick’s played great, not good, and hasn’t held anything back” 0
- Report: Anthony Bennett pulled from pro-am by agent, possibly due to his inclusion in Kevin Love trade talks 40
- Report: Sixers fighting against immediate changes to NBA Draft Lottery system 53
- Team USA going small ball, but how many bigs do they keep on the bench? 4
- Report: LeBron James more popular than he ever was with the Heat 14
- Durant says 2014 USA team better than 2010 version that won gold 6
- Kevin Durant knows you’re talking about his free agency but isn’t giving many clues. He liked what LeBron did. 17
- Byron Scott makes ridiculous optimism sound reasonable 44