Cavaliers trade Andrew Bynum to Chicago Bulls for Luol Deng

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Not only was Luol Deng on the trade market, the Chicago Bulls had a taker — the Cleveland Cavaliers.

The Chicago Bulls have agreed to trade Luol Deng to the Cleveland Cavaliers for Andrew Bynum and a first round pick (the Kings’ pick owned by the Cavs that is top 12 protected this season, top 10 protected the next couple), the teams have announced. This was a story broken by Shams Charania of Real GM and quickly confirmed by Brian Windhorst of ESPN and Aggrey Sam of CSNChicago.com.

“We have great respect for Luol Deng, as a player and a person. He has been an incredible contributor to our team on the court, and he has also done great things in the community. On behalf of the entire Bulls organization, I want to thank Luol for his years in Chicago. The moves made today will put us in a better position to make the entire roster stronger for the future and to compete for a championship,” said Bulls GM Gus Forman in a statement released by the team.

Deng had rejected a three-year, $30 million extension from the Bulls last week, reports Adrain Wojnarowski of Yahoo Sports. That made the Bulls think he was leaving this summer as a free agent, so they wanted to get something for him.

The Cavs had wanted to upgrade at the three and get a guy who could help them make a push toward the playoffs in the East — Deng gives them a real chance at that (although it’s going to take more than just Deng to get them there, Kyrie Irving has to be healthy and better). The Cavaliers are just three games out of the playoffs in the East so the playoffs remain a reasonable goal. The real risk for them is that they are unable to re-sign free agent to be Deng this summer — if he walks this is a little bit of a loss, but not really a big one because the Cavs would have waived Bynum themselves. This was a solid gamble.

The Bulls will waive Bynum Tuesday and with that save $15 million this season to get under the luxury tax. As we have noted before, if they now amnesty Carlos Boozer this summer (as expected) the Bulls will have about $10 million at least cap space to go after another free agent to go with a core of Derrick Rose, Joakim Noah, Taj Gibson and Jimmy Butler. Plus Bulls management believes Nikola Mirotic (who is still playing well in Europe but is expected to be in the NBA next season) will be a big part of that future. The Bulls now also potentially have the Sacramento pick in this draft (top 12 protected, so the Bulls probably don’t get it it this year) and Charlotte’s first rounder (top 10 protected) not to mention their own pick to add some depth to that core.

While Rose’s people have leaked he doesn’t want to be part of a rebuilding process, this isn’t a full “tear it down” rebuild, by the time he returns this will be a good and potentially very good team.

This shows why the Cavaliers were not willing to throw in another pick or piece in talks with the Lakers — they had coveted Deng more than Pau Gasol and were willing to give up more to get him.

Lakers exercise David Nwaba’s $1.3 million contract option

AP Photo/Mark J. Terrill
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EL SEGUNDO, Calif. (AP) — The Los Angeles Lakers have exercised their $1.3 million contract option on guard David Nwaba for the upcoming season.

The Lakers announced the move Wednesday.

Nwaba earned a job with the Lakers after they called him up from their D-League affiliate on Feb. 28. The rookie averaged 6.0 points and 3.2 rebounds per game while impressing Luke Walton’s coaching staff with his hustle and defensive play.

The Lakers signed him to a new contract with a multi-year component just three weeks after his NBA debut.

Nwaba is a local product, attending University High School in West Los Angeles and Santa Monica College before finishing his college career at Cal Poly.

Stephen Curry to play Web.com Tour’s Ellie Mae Classic

AP Photo/Eric Risberg
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HAYWARD, Calif. (AP) — Two-time NBA MVP Stephen Curry is set to test his golf game against the pros.

The Web.com Tour said Wednesday that Curry, coming off his second NBA championship with the Golden State Warriors, will play in the Ellie Mae Classic at TPC Stonebrae on Aug. 3-6.

It’ll be the first PGA Tour-sanctioned event for Curry, who has competed in various celebrity events and pro-ams. The top 25 on Web.com Tour’s regular-season money list will earn PGA Tour cards.

Curry will maintain his amateur status, competing on an unrestricted sponsor exemption in the event that benefits the Warriors Community Foundation.

Hall of Fame receiver Jerry Rice played in the event in 2011 and 2012. He missed the cut in 2011 with rounds of 83 and 76 and withdrew in 2012 after playing 27 holes in 23 over.

Also Wednesday, Nissan’s upscale Infiniti brand announced that Curry would be its new global brand ambassador. The point guard will be featured in ads for the Q50 sports sedan beginning this summer.

Report: Clippers never committed to offer Chris Paul five-year max contract

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The Clippers projected to be able to offer Chris Paul a five-year, $201 million contract that would have culminated with a $46 million salary in his final season.

Did they offer that much before sending him to the Rockets?

Just as one side is trying to pin all the Clippers’ problems on Doc Rivers and Austin Rivers, the Clippers surely want to spin Paul’s exit to another way – that they shrewdly chose when to part ways rather than that they lost the best player in franchise history due to nepotism.

David Aldridge of NBA.com:

Ramona Shelburne of ESPN:

If Paul really wanted that five-year max, he could have pushed harder for it by bringing counter offers to the Clippers in July rather than engineering his way to Houston before free agency even began.

Would the Clippers have eventually relented and offered the five-year max? We can never know for certain.

But it’s pretty clear why the Clippers would want this version out there. Accurate or not, it makes them seem far more on top of things and is less likely to taint them with free agents they covet in 2018.

How Ryan Anderson, Trevor Ariza complicate Rockets’ pursuit of third star

AP Photo/John Raoux
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After pairing Chris Paul and James Harden, the Rockets are reportedly chasing a third starPaul George, Carmelo Anthony or someone else.

But Houston parted with significant assets to land Paul from the Clippers. And the Rockets will have a tricky time dealing two remaining players, Ryan Anderson and Trevor Ariza.

Zach Lowe of ESPN:

Unloading Ryan Anderson to sign Paul outright would have helped Houston keep one of their outgoing guards, but the market for the three years and $60 million left on Anderson’s deal was frigid. Not even the Kings wanted him for free. At least two teams would have demanded two Houston first-round picks in exchange for absorbing Anderson, according to several league sources.

The salary filler probably can’t be Trevor Ariza, by the way. Ariza and Paul are close after years together in New Orleans, and playing with Ariza factored at least a little into Paul’s decision, per league sources. The Clippers had tried to trade for him in prior seasons, sources say. Ariza is also still good at a coveted position, and his Bird Rights will be valuable to a capped-out Rockets team next summer.

Anderson would be dangerous as a stretch four in pick-and-pops with Paul and Harden. Even if he’s overpaid, might be better to keep him than surrender more assets to dump him.

Likewise, Ariza is a nice two-way player and can play small-ball four. There’s a use for him on this team.

But beyond them, Houston is left with Eric Gordon and Clint Capela as movable players. Gordon, with a higher salary and less obvious fit with Paul and Harden, would almost certainly be a key cog in a trade for another star. Capela is younger and more valuable, though the Rockets would probably want to keep him as a defensive anchor.

That might not be possible while trading for a third star, though. Houston can’t even guarantee sending out another first-round pick in a trade after sending a protected first-rounder to the Clippers. (The Rockets could agree to convey a first-rounder two years after sending one to L.A., which would is highly likely to convey next year.) Including Capela in a trade might be the only way to assemble a suitable package.

Even then, Houston would be hard-pressed to surpass an offer from the Lakers or Celtics for George. Plus, if Indiana is rebuilding around Myles Turner, Capela is an awkward fit. That trade might require a third team – causing further complications.

Hoping Anthony gets bought out by the Knicks then signs for the mid-level exception is much simpler – though that route returns the lesser third star.

But Daryl Morey just brought Chris Paul to Houston before free agency even began. Now is not the time to underestimate the Rockets general manager.