Truth & Rumors > NBA

Deng rejected $30M offer before trade

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07:29 AM ET 01.07 | Perhaps Luol Deng didn't have to move from the Windy City, after all. Within days of the Chicago Bulls unloading [Deng] for salary-cap relief and a first-round draft pick, the All-Star forward rejected a three-year, $30 million contact extension, a league source told Yahoo Sports. Deng, who will be an unrestricted free agent this summer, turned down the deal on Friday, clearing the way for Bulls management to complete a deal with Cleveland for broken-down center Andrew Bynum and a package of draft picks on Monday night. The Bulls and Deng's representatives had informal talks about an extension over the summer, but Chicago never made a formal offer. The Bulls were unwilling to pay Deng, 28, market value in the $12 million-to-$13 million-a-year range over four or five seasons.

Yahoo Sports

Luol Deng, Getty Images Luol Deng, Getty Images
January 7, 2014  07:34 AM ET

Come To LA, bro.

January 7, 2014  07:43 AM ET

PFFFFFFFTTTTTTTTTTTTTTTTTTT




I don't blame him..........




What can 30 million dollars buy ?????

January 7, 2014  07:47 AM ET

Im just not sure if this guy is worth 14 million a season...He just seems like that he is a #2 or #3 type of player....

January 7, 2014  07:48 AM ET
QUOTE(#2):

...What can 30 million dollars buy ?????

Why take $30M when you can move to Cleveland?

January 7, 2014  08:38 AM ET

The Bulls never valued him. They were ready to just move him just like Pau's name always in trade talks every season. He'll get more now either through free agency or the Cavs offer him the max they could give.

January 7, 2014  08:38 AM ET
QUOTE(#3):

Im just not sure if this guy is worth 14 million a season...He just seems like that he is a #2 or #3 type of player....

He's worth that because he can get it.

And he's not a #1 by the way

January 7, 2014  08:40 AM ET

Very sad to see him leave, but he is not worth all the money he was asking for. The Bulls had reached their ceiling and they needed cap space to make a change.

January 7, 2014  08:43 AM ET
QUOTE(#7):

Very sad to see him leave, but he is not worth all the money he was asking for. The Bulls had reached their ceiling and they needed cap space to make a change.

Chi, come on home. The weather's fine...

January 7, 2014  08:47 AM ET
QUOTE(#8):

Chi, come on home. The weather's fine...

LOL, oh hell no! Lol looks miserable as hell there right now.

January 7, 2014  08:48 AM ET

What a great move for the cavs......
Getting Deng for a guy they were about to waive?

January 7, 2014  08:52 AM ET
QUOTE(#10):

What a great move for the cavs......Getting Deng for a guy they were about to waive?

Of course the problem is they have an uphill battle re-signing him.

January 7, 2014  08:55 AM ET
QUOTE(#11):

Of course the problem is they have an uphill battle re-signing him.

Yeah, but not if they.......

"SHOW HIM THE MONEY"

Remember, they already have a #1.
Giving him 13 won't break them, cause they aren't paying anyone, until kyrie comes up

January 7, 2014  08:57 AM ET
QUOTE(#10):

What a great move for the cavs......Getting Deng for a guy they were about to waive?

They gave up draft picks also. They could come out w/ nothing from this trade once free agency comes around.

January 7, 2014  08:59 AM ET
QUOTE(#12):

Yeah, but not if they......."SHOW HIM THE MONEY"Remember, they already have a #1.Giving him 13 won't break them, cause they aren't paying anyone, until kyrie comes up

We both know regardless of how much they have he may flat out not want to play there next year. Plus this past year has shown having a #1 overall is no slam dunk if you don't draft the right guy

January 7, 2014  09:01 AM ET
QUOTE(#10):

What a great move for the cavs......Getting Deng for a guy they were about to waive?

Yep, perfect for their system as well.......a low volume shooter who can play defense....

January 7, 2014  09:07 AM ET
QUOTE(#10):

What a great move for the cavs......Getting Deng for a guy they were about to waive?

Getting anyone for Bynum is a great deal.

It'll be an even better deal if they can resign him come this summer!

January 7, 2014  09:08 AM ET
QUOTE(#11):

Of course the problem is they have an uphill battle re-signing him.

Uphill ONLY in the sense that he may decide NOT to go to the highest bidder.....because the Cavs are in position to outbid anyone else for his future services.

January 7, 2014  09:10 AM ET
QUOTE(#13):

They gave up draft picks also. They could come out w/ nothing from this trade once free agency comes around.

lol...you know my feeling on them having 4 million draft picks.

January 7, 2014  09:11 AM ET
QUOTE(#12):

.......Giving him 13 won't break them, cause they aren't paying anyone, until kyrie comes up

Plus, Varejao comes off the books this year.....unless they pick up his team option for $10 million for next season.

 
January 7, 2014  09:12 AM ET
QUOTE(#13):

They gave up draft picks also. They could come out w/ nothing from this trade once free agency comes around.

Calculated risk......

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