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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.

Rumor: Greg Monroe would like to be traded to New Orleans

Milwaukee Bucks center Greg Monroe, center, drives to the basket against New Orleans Pelicans center Alexis Ajinca, left, and guard Tyreke Evans, right, during the first half of an NBA basketball game Saturday, Jan. 23, 2016, in New Orleans. (AP Photo/Jonathan Bachman)
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If you’re going to bet on an NBA player likely to be moved before the start of the NBA season — or at least by the deadline — Bucks’ big man Greg Monroe would be a good choice. It’s no secret he is on the trade block, the Bucks just aren’t finding a team making an offering to their liking.

What would Monroe like?

He probably wants to end up in New Orleans, ESPN’s Marc Stein said on the Lowe Post podcast.

Which makes a ton of sense — he was born in New Orleans, he wants to go home. The two sides have talked about a deal multiple times in the past, but nothing got done.

The problem is the Bucks are only getting rock-bottom offers for Monroe. On the upside, he’s an efficient offensive NBA big who got the Bucks 15.3 points and 8.8 rebounds a game last season. However, he’s a defensive liability who does not protect the rim, plus he’s a $17 million rental next season (he can and likely will opt out in the summer of 2017). Even teams that could use a scoring big are not going to give up much quality in a trade for a rental like Monroe.

The Pelicans already have Omer Asik and Alexis Ajinca as traditional fives, and they should play Anthony Davis there more anyway. Roster wise, the Pelicans would need to make some other moves for this deal to make sense.

But eventually, the Bucks will find an offer they are willing to take.

Nets’ Greivis Vasquez pulls out of Olympics for Venezuela

DENVER, CO - NOVEMBER 11:  Greivis Vasquez #21 of the Milwaukee Bucks takes the court against the Denver Nuggets at Pepsi Center on November 11, 2015 in Denver, Colorado. The Nuggets defeated the Bucks 103-102. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement.  (Photo by Doug Pensinger/Getty Images)
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Venezuela is in its first Olympic basketball tournament in more than 20 years — they upset Canada and Argentina to win the FIBA Americas tournament last summer and earned the right to go to Rio.

But they are going to have to play there without the one NBA player on their roster. Greivis Vasquez, who had ankle surgery last December, announced he had to pull out, via the Nets.

If you want to know what this means for the Venezuelan team heading into Rio, well, they shot just 23.9 percent in an 80-45 loss to Team USA Friday night in Chicago — and that was by far the USA’s worst performance in the exhibition run-up to the Rio Games.

Vasquez should be getting decent minutes off the bench behind Jeremy Lin in Brooklyn this season. They need him healthy as the team tries to move from “god awful” to just plain “not good” next season.

Report: Monty Williams to accept role on Spurs coaching staff next season

LAS VEGAS, NV - JULY 18:  Draymond Green #14 of the 2016 USA Basketball Men's National Team drives against assistant coach Monty Williams of the 2016 USA Basketball Men's National Team during a practice session at the Mendenhall Center on July 18, 2016 in Las Vegas, Nevada.  (Photo by Ethan Miller/Getty Images)
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Another smart move by the Spurs.

Monty Williams is one of the better assistant coaches in the NBA right now, and he was available (remember he understandably left Oklahoma City last season after the tragic death of his wife). He’s part of Mike Krzyzewski’s staff with USA Basketball this summer — watch him in practices at age 44 and he’s a better defender plenty of players in the league — and he wanted to get back on the bench.

San Antonio has snapped him up, reports Marc Stein of ESPN.

Sources told ESPN that Williams — who left the Oklahoma City Thunder’s bench in February after the tragic death of his wife, Ingrid — has been urged by Spurs coach Gregg Popovich to take as much of a role with the organization as he feels comfortable for the 2016-17 campaign.

The specifics of what role Williams would fill and how much time he could commit have not yet been determined, but sources say San Antonio has opened the door to either a coaching and player-development role or a front-office position (or a hybrid), depending on what he prefers.

One source close to Williams told ESPN that the 44-year-old “absolutely” intends to be a head coach in the league again after his expected stint with the Spurs. The source also said numerous teams, including Oklahoma City, have made similar offers to Williams for next season.

Williams will get another shot in the big chair down the line. In the short term, this is a smart move — nothing looks better on a resume than “Spurs” around the league right now.

Team USA has sing-along on plane leaving Chicago. Well, except for ‘Melo.

OAKLAND, CA - JULY 26:  Carmelo Anthony #15 of the United States Men's National Team looks on during player intro duction prior to playing the China Men's National Team in a USA Basketball showcase exhibition game at ORACLE Arena on July 26, 2016 in Oakland, California.  (Photo by Thearon W. Henderson/Getty Images)
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Team USA had their “Tiny Dancer” moment.

Like “Stillwater” in Almost Famous, Team USA’s Jimmy Butler, Draymond Green and Kyrie Irving were leading a sing-along of Vanessa Carlton’s “A Thousand Miles” on the team plane out of Chicago to Houston for the USA’s final exhibition game. Hat tip Alysha Tsuji who pulled the snapchats.

Everyone was loving it… except for Carmelo Anthony, according to DeMar DeRozan.

Melo ain't having it…😂

A video posted by DeMar DeRozan (@demar_derozan) on