RealGM poster says Cavs traded Bynum, the heavily protected Kings pick, and 2 2nd's for Deng
Detail on the protection:
2014 first round draft pick from Sacramento
Sacramento's 1st round pick to Cleveland protected for selections 1-12 in 2014, 1-10 in 2015, 1-10 in 2016 or 1-10 in 2017; if Sacramento has not conveyed a 1st round pick to Cleveland by 2017, then Sacramento will instead convey its 2017 2nd round pick to Cleveland protected for selections 56-60 (if this pick falls within its protected range and is therefore not conveyed, then Sacramento's obligation to Cleveland will be extinguished) [Cleveland-Sacramento, 6/30/2011]
CLEVELAND – The Cleveland Cavaliers have acquired All-Star forward Luol Deng from the Chicago Bulls in exchange for center Andrew Bynum, three future draft picks and the right to swap 2015 first round picks with the Cavs (1-14 protected), Cavaliers General Manager Chris Grant announced tonight from Cleveland Clinic Courts.
"We are very excited for Luol to join the Cavaliers organization, " said Grant. "We have worked to acquire and maintain flexibility in order to capitalize on opportunities such as this. Luol reflects all that we are striving for in building our team. He’s a tremendous defensive player that can impact the game on both ends of the court with a team first mentality and is a high character leader.”
In exchange for Deng, the Cavs send Chicago Bynum, Cleveland’s right to the Sacramento King’s first round draft pick conveyed in a June 30, 2011 deal, the right for Chicago to swap its own 2015 first round draft pick with the Cavs own 2015 first round draft pick (only in the case that the Cleveland 2015 first round draft pick is between 15 and 30) and the Portland Trail Blazer’s 2015 and 2016 second round draft picks acquired from the Trail Blazers via 2013 draft night trade.
Deng has been an NBA All-Star in each of the past two seasons (2012 and 2013) and was named to the NBA All-Defensive Second Team in 2012. He also received the NBA Sportsmanship Award in 2007 and All-Rookie First Team honors in 2005.
This season, Deng appeared in 23 games (all starts) for Chicago, averaging a career-best 19.0 points on .452 shooting, 6.9 rebounds, 3.7 assists and 1.0 steal in 37.4 minutes per game. The 6-9, 220-pound forward has scored at least 20 points 10 times this season, including a stretch of six straight 20-point games from Nov. 24 to Dec. 5.
Deng was originally drafted by Phoenix in the 2004 NBA Draft as the No. 7 overall selection. He has spent his entire nine-year career with the Bulls and owns career averages of 16.1 points on .460 shooting, 6.4 rebounds, 2.5 assists and 1.0 steal in 35.9 minutes over 637 games (591 starts). He has also played in 48 playoff games (42 starts) with averages of 16.7 points on .452 shooting, 7.0 rebounds, 2.2 assists and 1.1 steals in 40.3 minutes per game.
[CBS] It's hard to say what could really get Howard back in the good graces of the public eye other than winning. The Rockets probably have to make at least the second round this season and he needs to be the best player on the team.
Practically a win-win for both teams. The Bulls could still very well get a top 5 pick in this draft & with that money saved up (Boozer amnesty also coming), they could get Derrick Rose some very talented help. For Cleveland, you get the veteran all star that you need to mentor the young guns.
By no means are either of the teams done making big moves, ESPECIALLY Cleveland.