By: Randy Cruz (@cruzr83)
In a deal that took place late last night, Andrew Bynum and Luol Deng found themselves changing destinations as the Cavaliers and Bulls struck a deal for both all-star players, with draft picks being involved as well.
According to Brian Windhorst of ESPN, the Chicago Bulls will send two-time All-Star Luol Deng to Cleveland for All-Star Andrew Bynum (his contract really) and three future draft picks.
Windhorst explains the significance of the draft picks involved in this deal: "In addition to the savings, the Bulls got a future first-round draft pick owed to the Cavs by the Sacramento Kings from a 2011 trade for J.J. Hickson. The Bulls will get the Kings' pick if it falls outside the top 12 in 2014 or outside the top 10 picks in 2015, 2016 or 2017. The Bulls also got the 2015 and 2016 second-round picks the Portland Trail Blazers owed the Cavs. In a final piece, the Bulls will be able to swap draft positions with the Cavs in 2015 as long as the Cavs' draft pick is outside the top 14 picks."
This was obviously a salary dump move on the part of Chicago, by acquiring Bynum's contract only to cut him by 5pm today in order to save $12.3 million in salary. Bynum will become a free agent once released by the Bulls and will undoubtedly have suitors from contending teams.
Deng, 28, will now come to a Cavaliers team who had expectations on making the playoffs with a young and improving roster that includes Kyrie Irving and Dion Waiters -- but have lost 8 of their last 9 games due to Irving's knee injury.