Luol Deng Traded for Andrew Bynum
Last week, Luol Deng rejected a three year deal worth $30 million from the Chicago Bulls. Since then, the Bulls have actively dangled Deng on the trading block. Late Monday evening, the Bulls and the Cavs came to an agreement. The Cleveland Cavaliers received the twenty-eight-year-old defensive minded wingman who has been a two-time NBA All Star. For the Chicago Bulls, this was nothing more than a salary dump. The Bulls received Andrew Bynum, whom they will most likely waive, in addition to three future draft picks.
"We have worked to acquire and maintain flexibility in order to capitalize on opportunities such as this," Chris Grant the GM of the Cavs said. "Luol reflects all that we are striving for in building our team. He's a tremendous defensive player that can impact the game on both ends of the court with a team-first mentality and is a high character leader."
For the Bulls, they are clearly in tank mode. With Derrick Rose out for the entire year and the Bulls battling nagging injuries all over their roster, the Bulls wanted to set their sights on the future with more financial flexibility. Deng was averaging 19ppg, 7rpg, and 3apg, but the Bulls felt like they would be outbid for Deng this summer, so their only play was to trade him now for some extra cash or lose him for nothing this summer.