Luol Deng to Greece?

[CDu]

I was just going to come here to post that. The reported 6 year contract worth upwards of $70 million is a better deal than the 5 year $57 million extension he turned down last year. Congrats to Luol.

Yeah, apparently Bulls owner Jerry Reinsdorf didn't get the memo about there not being a good market for Deng, because this deal makes little sense for the Bulls. But good for Deng.

This puts the Bulls in a predicament. They can now no longer afford to sign Ben Gordon without exceeding the luxury tax (which Reinsdorf abhors doing). They almost have to find a way to trade to upgrade the roster, and they have to hope they can do so without taking on much salary in return. They have so much money invested in mediocre players like Hinrich, Nocioni, Gooden, and Hughes that they have no flexibility.

Otherwise, the Bulls will have to just bite the bullet and let Gordon play for the qualifying offer and walk next summer and experience a rebuilding year.

[YmoBeThere]

Word out not that Deng will get 6 years, $80 million.

[ice-9]

I think it's 71 mill guaranteed, 80 mill with incentives. Dang, not too shabby Luol.