Ending one longtime era and starting a new, certainly different one, the Bulls traded Luol Deng to the Cavaliers late Monday night for center Andrew Bynum and three draft picks.
The Bulls will waive Bynum before the second half of his $12.3 million contract becomes guaranteed on Tuesday. That move will drop them below the luxury-tax threshold in a season in which they no longer are championship contenders after the loss of Derrick Rose to a knee injury, saving them close to $15 million.
More importantly, it will start the rebuild on what management hopes is a second championship window after the first built around the core of Rose, Deng, Carlos Boozer and Joakim Noah closed when Rose tore his meniscus.
“The moves today will put us in a better position to make the entire roster stronger for the future and to compete for a championship,” general manager Gar Forman said in a statement.
(link below)
http://www.chicagotribune.com/sports/basketball/bulls/chi-luol-deng-andrew-bynum-trade-bulls-20140106,0,4004271.story
Tuesday, January 7, 2014
BULLS TRADE LUOL DENG TO CLEVELAND FOR ANDREW BYNUM
Ending one longtime era and starting a new, certainly different one, the Bulls traded Luol Deng to the Cavaliers late Monday night for center Andrew Bynum and three draft picks.
The Bulls will waive Bynum before the second half of his $12.3 million contract becomes guaranteed on Tuesday. That move will drop them below the luxury-tax threshold in a season in which they no longer are championship contenders after the loss of Derrick Rose to a knee injury, saving them close to $15 million.
More importantly, it will start the rebuild on what management hopes is a second championship window after the first built around the core of Rose, Deng, Carlos Boozer and Joakim Noah closed when Rose tore his meniscus.
“The moves today will put us in a better position to make the entire roster stronger for the future and to compete for a championship,” general manager Gar Forman said in a statement.
(link below)
http://www.chicagotribune.com/sports/basketball/bulls/chi-luol-deng-andrew-bynum-trade-bulls-20140106,0,4004271.story
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