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, 2015, 12:55 AM EDT
The Rockets have nice depth up front.
Jul 29, 2015, 10:55 PM EDT
The Pelicans were one of the slowest paced teams in the NBA last season, that’s about to change.
Jul 29, 2015, 9:30 PM EDT
“I think someone who would watch this would think there is something wrong with me and something wrong with my friends.” — Chris Kaman
Jul 29, 2015, 8:47 PM EDT
Andrew Wiggins and Karl-Anthony Towns are about to be finishing alley-oops from the best lob passer in the game.
Jul 29, 2015, 7:47 PM EDT
Manu Ginobili is a stud.
Jul 29, 2015, 6:55 PM EDT
Kerr says Luke Walton is a future head coach in the NBA.
Jul 29, 2015, 6:31 PM EDT
Toronto has shifted the roster to be more defensive, and be able to go smaller.
Jul 29, 2015, 5:21 PM EDT
Jimmy Kimmell is the best part.
Jul 29, 2015, 4:22 PM EDT
Rex Kalamian and Andy Greer also join Dwane Casey’s staff
Jul 29, 2015, 3:35 PM EDT
Enter Andrei Kirilenko to save the day?
Jul 29, 2015, 2:48 PM EDT
Will anyone claim him?
Jul 29, 2015, 2:03 PM EDT
Cavaliers star has avoided making a public decision
Jul 29, 2015, 1:04 PM EDT
If Brazil qualifies through FIBA Americas Championship, that could close door for another North/South American team from qualifying
Jul 29, 2015, 12:00 PM EDT
Lakers were in a bad place when Jackson first stepped away
Jul 29, 2015, 11:11 AM EDT
Brooklyn owner praises Adam Silver for filling in
Jul 29, 2015, 10:13 AM EDT
Cavaliers star also addresses his favorites – including place to play, rapper, and teammates
Jul 29, 2015, 9:26 AM EDT
He’ll likely compete with Aaron Harrison to make regular-season roster
Jul 29, 2015, 8:31 AM EDT
Cleveland’s Tristan Thompson and J.R. Smith head the list.
Jul 29, 2015, 8:00 AM EDT
Bounce passes are less effective in baseball.
Jul 29, 2015, 12:05 AM EDT
Cuban said presidential candidate is ‘probably the best thing to happen to politics in a long, long time’
- Report: Veteran point guard Andre Miller reaches one-year deal with Timberwolves 7
- Who is still out there: Top 10 free agents still on the market 10
- Donald Trump says he’s becoming a Mavericks fan after Mark Cuban’s comments 43
- Report: Michael Jordan shot down Boston draft-day effort to get Charlotte No. 9 pick 30
- Wisconsin State Assembly passes Bucks arena deal, clearing the way for Gov. Walker to sign 40
- Phil Jackson says Knicks wanted Goran Dragic at trade deadline. Because he’s such a triangle fit? 16
- Report: Cavaliers sign Matthew Dellavedova 10
- Heat trade Zoran Dragic, second-rounder to Celtics 11