Chicago Bulls general manager Gar Forman met with the representatives of Luol Deng to continue discussions on parameters of a contract extension this week, league sources told Yahoo! Sports.
Luol Deng will make $14.3 million in the final year of his contract. (USA Today Sports)
Forman and Deng's agents, Ron Shade and Herb Rudoy, met on Monday in Chicago to further dialogue on parameters for an extension, league sources said. Deng, 28, has one year, $14.3 million on his deal and could become part of the star-filled free-agent class of 2014 if he doesn't reach a long-term agreement with the Bulls.The market has begun to be set for Deng's contract in this summer's free agency, with free agents Andre Iguodala and Josh Smith setting the standard for All-Star-caliber small forwards. Iguodala signed a four-year, $48 million deal with Golden State, and Smith signed a four-year, $56 million agreement with Detroit. Several league executives told Yahoo! Sports they believe Deng's value on the market is somewhere between those two deals. The Bulls' desire to stay under the luxury-tax threshold could jeopardize the franchise's ability to pay Deng market value, but the organization has repeatedly insisted he's an integral part of their plan.Deng has been recovering and working his way back to full strength this summer. He missed Games 6 and 7 of the Eastern Conference first-round victory over Brooklyn and the entire conference semifinal loss to Miami after complications arose from a spinal tap.
A personal favorite of coach Tom Thibodeau and a popular teammate, Deng averaged 16.5 points, 6.3 rebounds and three assists per game for Chicago. Deng was the Bulls' first-round draft pick in 2004 and has played nine seasons with the franchise.
They'll resign him, and then try to trade Boozer...
If Iggy is getting 12 and Smith is getting 14 then Deng should be right in there with them. I think Smith got a little overpaid, but 12million for Deng should be right on par with market value.
i like the move. Deng is still only 28. He is still in his prime with drose back healthy they can go back to being a challenger to goin to the finals. Dont understand all the trade hype for deng this summer. Who cares how many minutes hes played he is still consistently a hard worker on the court. People throwing out the replace him with butler theory. Butler doesnt hit the jumper consistent enough to replace deng in my opinion.Plus why would you count on youngs like butler and snell to help drose make the finals, and completely disregard deng's prior contributions? If chicago raises the trophy in the next few seasons, bulls nation will appreciate it more with rose standing with noah and deng on both sides of him.
Im not sure I agree with this, deng usually dosent show up to big games. Look at his poor fg percentages anytime chi gets out of the first round. I dont think he can create enough off the dribble and i dont think hes a good enough shooter. Another questionable move by Chicago