Andrew Bynum (21) drives against Portland Trail Blazers center Joel Freeland at Quicken Loans Arena in Cleveland in this file photo taken December 17, 2013. Photo by David Richard-USA TODAY Sports/Reuters
MANILA, Philippines – The Cleveland Cavaliers have traded center Andrew Bynum to the Chicago Bulls in exchange for All-Star forward Luol Deng, the NBA team announced on its website.
“We are very excited for Luol to join the Cavaliers organization,” Cleveland general manager Chris Grant said. “We have worked to acquire and maintain flexibility in order to capitalize on opportunities such as this.”
ESPN’s Brian Windhorst said that aside from Bynum, the Cavaliers will also send three future draft picks to the Bulls in the deal.
Cavaliers owner Dan Gilbert confirmed the trade when he welcomed Deng to the team on Twitter.
Deng has been an All-Star for the past two seasons and is currently averaging 19.0 points, 6.9 rebounds, and 3.7 assists in 23 games for the Bulls.
Meanwhile, the Bulls are expected to release Bynum in a move that will save them more than $15 million in salary and luxury taxes, Windhorst said in his report.