In addition to Bynum, the Cavs gave up three first round picks. The picks will be shipped,along with Bynum to Chicago in exchange for two-time all-star Luol Deng.
According to ESPN’s Brian Windhorst, the Bulls plan to waive Bynum by 5pm, which will clear Bynum’s 12.3 million from their salary books and put under the luxury tax.
Between waiving Bynum and trading Deng, the Bulls have saved over $20 million in cap room and added three first round picks. With a lackluster performance so far, and an ailing superstar in D-Rose, the Bulls have set their sights for the future.
Meanwhile, the Cavs add one of the league’s premier all-around players in Deng. They are getting an athletic wing, who will defend and rebound in addition the 19 points per game he averages. At age 28, Deng is in his prime. Pairing him up with Kyrie Irving and Co. will make the Cavs instantly better. The question is, will it be enough to sneak them into the playoffs. Currently they sit 3.0 games behind the Pistons, who are the eighth seeded team in the East right now.