OT: Bulls trade Deng to Cavs for Bynum + picks

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  1. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    http://www.blogabull.com/2014/1/7/5283442/luol-deng-trade-bulls-save-money-gain-spending-flexibility

    That and a 2015 swap (also lottery-protected) with Cleveland, 2 second rounders...there isn't much in terms of assets, here. And using the term 'cap flexibility' is kind of a misnomer, since at worst Deng was going to be a free agent and be off their cap next season if not re-signed.

    But they do save pure cash. A lot of it. Based on calculations of their payroll and tax obligations prior to the trade, after waiving Bynum (oh, right: they're gonna do that as to not guarantee the rest of his season's salary) the Bulls will save $20.6m this season. Dipping under the luxury tax also means they'll get the yearly payout from New York and other high-payroll owners which is another $2-3m.

    It's not exclusively cash, there is 'flexibility' gained here as well by getting under the tax this season. Essentially, it keeps them out of a repeater range for a few seasons. The Bulls paid the tax for the first time ever last year, and if they had done so this year their next tax paying year (given it was in the next 2 years) would've made them a repeater. Assuming that they were very likely going to be under the cap (and thus far under the tax) this offseason, you can think of this gained flexibility as not paying the tax this year 'affording' them to pay it in 2015-16. It's like, oh, trading Kyle Korver for a trade exception that may get you another player in a year.

    This is what made this Bynum contract a unique opportunity that wasn't available from any other team at any other time this season. Not mere cap flexiblity or perhaps a young player on a cheap deal, but immediate savings. KC phrased the Cavs including these picks as 'meeting the Bulls demands', but I'd have to think it's the Bulls that blinked: the deal had to be done by today for Bynum to be cut before his contract was guaranteed.
     
    Denny Crane, Jan 7, 2014
    #21
  2. Natebishop3

    Natebishop3 Don't tread on me!

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    Do you think Chicago would be interested in doing a Rolo/something for Noah?

    Right now they have very similar numbers, but Noah is a much better defensive player, and Lopez is making less than half of what Noah is making.
     
    Natebishop3, Jan 7, 2014
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  3. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    No. At this point I think Noah is untouchable. He may throw a fit and force his way out, though.

    Noah is an all-star, top whatever C in the league on a $10M contract. No way do they want to give that up.
     
    Denny Crane, Jan 7, 2014
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  4. cmeese47

    cmeese47 Well-Known Member

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    Look this was a good trade for Cleveland. As already mentioned the picks they gave up are either protected or second round throw ins. Adding Deng is a great move as his defense will be a nice change of pace in Cleveland. Not to mention they will be able to resign him this summer if they fail to land Lebron, which they will cause that team with Deng is still not very good.

    The Bulls saved some money and can start angling for the lottery. Maybe even look into to trading Rose as well especially if you have long term concerns about his health.
     
    Last edited: Jan 7, 2014
    cmeese47, Jan 7, 2014
    #24
  5. BigGameDamian

    BigGameDamian Well-Known Member

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    I don't know if I'd call it renting. The Cavs have some good pieces. I've always been pulling for them ever since that LeBron fiasco.
     
    BigGameDamian, Jan 7, 2014
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  6. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    Deng is a UFA. He'd have to willingly re-sign with the Cavs.
     
    Denny Crane, Jan 7, 2014
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  7. BigGameDamian

    BigGameDamian Well-Known Member

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    But Lopez is one of the best just look at his numbers.
     
    BigGameDamian, Jan 7, 2014
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  8. BigGameDamian

    BigGameDamian Well-Known Member

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    Deng rejected a three-year $30 million extension with Chicago.
     
    BigGameDamian, Jan 7, 2014
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  9. KeepOnRollin

    KeepOnRollin Well-Known Member

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    Which was said already.
     
    KeepOnRollin, Jan 7, 2014
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  10. BlazerWookee

    BlazerWookee UNTILT THE DAMN PINWHEEL!

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    Go ahead and put it back in. No thank you.
     
    BlazerWookee, Jan 7, 2014
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  11. BlazerWookee

    BlazerWookee UNTILT THE DAMN PINWHEEL!

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    Please, God, no. If that scumbag comes to Portland, I'll be outside the Rose Garden with protest signs...
     
    BlazerWookee, Jan 7, 2014
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  12. julius

    julius Living on the air in Cincinnati... Staff Member Global Moderator

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    You were much better when Sly said you were autistic.
     
    julius, Jan 7, 2014
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  13. Draco

    Draco Well-Known Member

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    Philly is still far under the cap and could've absorbed more salary than the Bynum contracted allowed. Philly could've been involved in a three team trade as they are tanking and would not be interested in Deng directly. But those were basically the only two options the Bulls had and the deadline for the Bynum deal was today.
     
    Draco, Jan 7, 2014
    #33
  14. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    If Bynum's contract were not terminated today, next season would be guaranteed.
     
    Denny Crane, Jan 7, 2014
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  15. ponderguy

    ponderguy Member

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    he was an all star in 2012[​IMG]
     
    ponderguy, Jan 7, 2014
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  16. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    Deng is a 2-time all-star. This year would likely be his 3rd in a row.

    Selected by the coaches, too.
     
    Denny Crane, Jan 7, 2014
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  17. Draco

    Draco Well-Known Member

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    Same as Aldridge.
     
    Draco, Jan 7, 2014
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  18. Draco

    Draco Well-Known Member

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    I'd be pretty pissed if I was a Bulls fan. Think if we traded LaMarcus away for a crappy draft pick that very possibly becomes a 2nd rounder and mostly just save Paul Allen $24 million.
     
    Draco, Jan 7, 2014
    #38
  19. BrianFromWA

    BrianFromWA Editor in Chief Staff Member Editor in Chief

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    BrianFromWA, Jan 7, 2014
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  20. Denny Crane

    Denny Crane It's not even loaded! Staff Member Administrator

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    Deng wanted 4/$48M or more. The Bulls weren't paying that.

    Given Deng could walk as a UFA and get us nothing in return, at least we got something. Going into repeat taxpayer status for a middling team, as constructed, is bad.
     
    Denny Crane, Jan 7, 2014
    #40
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