Bulls trade Luol Deng for Andrew Bynum, picks, reportedly will amnesty Carlos Boozer


There was a recent report in which Derrick Rose, who is locked into a five-year deal worth more than $90 million, was said to fear the Chicago Bulls’ plans to unload salary and rebuild.

With this New York Daily News story saying that Chicago could trade Luol Deng and amnesty Carlos Boozer, it appears the Bulls are headed in that direction (via EyeOnBasketball).

(UPDATE: The first part of the plan was executed early Tuesday when the Bulls traded Deng to the Cleveland Cavaliers for center Andrew Bynum, a 2014 first-round draft pick Cleveland acquired from the Sacramento Kings, second-round picks in 2015 and 2016 that the Cavs acquired from the Portland Trail Blazers, and the right to swap first-round picks in 2015 if the Cavs’ pick is not in the lottery. The Bulls are expected to release Bynum later in the day to reduce their luxury tax figure by about $15 million.)

ANALYSIS: Cavs add Deng with Irving in mind | Chicago eyes Mirotic with move

The Bulls’ plan has solid rationale behind it. Deng is set to become a free agent this summer and Chicago could have lost him for nothing if they didn’t move him before the Feb. 20 trade deadline. Also, Boozer, who has performed well below his deal for years, is set to make $16.8 million next season and does not fit the Bulls’ defensive approach, which has led him to spend time on the bench in clutch moments.

Much of Deng and Boozer’s best work has been done with Rose out of the lineup, as he has missed time for a torn ACL and a later meniscus injury. Of course, even if Deng and Boozer are no longer on the team, the Bulls still have center Joakim Noah and emerging guard Jimmy Butler.

Rose and Bulls coach Tom Thibodeau, who don’t really seem too happy as is, will have to suff

er in the interim.