Since Boozer was signed before the new CBA they can use the amnesty provision on his contract. Bulls still have to pay Boozer but his contract comes off the books in terms of salary cap. However, even without resigning Deng and the amnesty of Boozer and their other expiring contracts it only puts about 10 million under the salary cap not nearly enough for a max free agent like Carmelo Anthony.
Bulls are great at finding steels in the daft but I still don't know why hey traded Deng for mid 1st round picks.
Bulls had won 5 of 7 coming into tonight. Defense is 3rd in efficiency 2nd in points allowed, and was really shutting teams down again as of late. I don't see why they didn't just ride out the season and then rebuild. They could have probably moved up to the 3rd seed in the east or at least the the top 5 (already up to 6 now). I know some say title or bust but as a Bulls fan I'd take a 2nd round playoff series with either Miami or Indiana.
I have to disagree with you and Wooly on this. This is a lost season for the Bulls, as we've known for two months now that Derrick Rose isn't coming back. All realistic Bulls fans know that we didn't have a chance at winning a title without him.
The Bulls are taking a long-term approach to this season, which I feel is the right move. Trading Deng will likely result in more losses for the Bulls, possibly enough to keep them out of the playoffs. The upcoming draft class is loaded, as it's said to be the best since LeBron's class in 2003. I would much rather see the Bulls lose games and land a top 10 pick in this upcoming draft than have a repeat of last season, which was making the playoffs, possibly winning a 1st round series, and then getting spanked by Miami or Indiana.
The Bulls and Deng were miles apart in contract negotiations. It was much wiser to trade him for whatever assets they could instead of letting him walk for nothing in free agency. This pick was good for the Bulls on three levels: 1) they're likely going to lose a lot more games now, improving their draft pick 2) they acquired a few picks for Deng, which is better than nothing 3) this deal gets them out of the luxury tax, which is important because it will help them avoid the dreaded repeater tax in future seasons.
I really doubt the Bulls are done dealing either. Hinrich is likely next to go, and I wouldn't be shocked to see Dunleavy traded as well. I hope Dunleavy is traded, personally. It sucks, but as a diehard Bulls fan, I'm rooting for lots and lots of losses this season as I want to see the Bulls land a top pick.
Just one fan's opinion, obviously.