Deng signs multi-year deal with Bulls Chicago, IL (Sports Network) - Restricted free agent Luol Deng has re-signed
with the Chicago Bulls, inking a six-year contract.
"Signing Luol has always been a priority for this organization and we have
always felt that he was a big part of our future. We are very happy that Luol
will now be with us long term as we continue to grow as an organization," said
Bulls executive vice president of basketball operations John Paxson.
According to the Chicago Sun-Times, the deal is worth $71 million, with
incentives that could increase the total value of the contract to $80 million... More...
USA Basketball managing director Jerry Colangelo stated on Thursday that Carmelo Anthony is not in the best physical shape yet, according to the Rocky Mountain News. Colangelo said, "Carmelo still has work to do in terms of getting ready. He came up with a little cramp because of conditioning in Thursday's practice. We need a lot out of Carmelo."
Our View:Team USA opens the Olympics Sunday against China. Anthony disagrees with Colangelo and feels his conditioning is fine and not a problem.
Despite recent rumors, sources in Denver indicate the Denver Nuggets will in fact be offering restricted free-agent guard J.R. Smith a new deal within the next seven to ten days, according to the Rocky Mountain News.
Our View:According to the News, the Nuggets already have extended a one-year, $3.04 qualifying offer to Smith, but it looks like he's going to get some long-term security. As always, we will keep you posted.
With the NBA set to release the full 2008-09 schedule on Wednesday, the Denver Nuggets have learned the league will allow Carmelo Anthony to take part in the team's home opener, according to the Rocky Mountain News.
Our View:The Nuggets will open the season with two road games against Western Conference foes, both of which Anthony will miss as he serves a two-game suspension for a DUI charge. That makes him available to start the season at home.
