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UPDATED 1:23 p.m. A person with knowledge of the situation says the Knicks are one of several teams monitoring Deng's situation closely, hoping things will deteriorate and Chicago will be forced to consider a sign-and-trade. The Knicks don't have cap room this year or next, so a sign-and-trade is their only chance of getting Deng. Several teams with cap room next season are hoping Deng takes the Bulls' qualifying offer and will be unrestricted next summer, including Miami, Memphis, and Portland, according to the source.
The Bulls' position is that Deng turned down a fair offer last year, and they are making a lower offer this year that they also believe is fair based on Deng's production going down. Deng believes that the Bulls have as much information now as they will have two months from now to work out a long-term deal, and he will refuse to accept any more offers from them after Aug. 4. At that point, he'll decide whether to sign their $4.45 million qualifying offer or set a deadline for a sign-and-trade.
A couple of things to remember that could result in negotiations ending better than they did last November, when deadlines for Deng and Ben Gordon to sign extensions passed with no deals. The Bulls have expressed a willingness to get Deng signed long-term, and the dialogue with Deng's new agent, Jason Levien, as been more cordial than it was with his previous representative, Leon Rose. Plus, team chairman Jerry Reinsdorf is more hands-on with the basketball operations than he was a year ago, which theoretically will raise the sense of urgency to resolve Deng's situation. The Bulls have leverage in the restricted tag, but they also can't make any more moves until Deng's status is resolved.
*Upgrade in talent
*Upgrade in trade value
*Upgrade in offense
*Upgrade in perimeter defense
*Lack of range
2nd option/Shawn Marion type player
I wouldn't mind this if we don't give up a lot.
SG - Chandler
SF - Deng
PF - Gallinari
We'll draft Ricky Rubio next year...and get a center somehow, but it shows how close we can be from becoming a really good team.