Who is gonna give us 1st round picks for Deng...unless that's ALL we get for him?
Quite frankly, I would be in-favor of dumping Deng for little-to-nothing if it means the Bulls can absorb the cap-space going forward. Gar Forman will obviously seek out multiple options, and will hopefully choose the best road.
I think the Bulls should explore some trade options to try to get Luol Deng in a Clipper uniform. Both teams (CHI, LAC) are under-the-cap right now. I'm not cap-ologist, but I know that in certain cases, the salaries don't need to match-up quite as well for trades to be legal under the rules (see the Hinrich-to-WAS draft-day trade).
Even if the Bulls can open up a little cap-room, it might be enough to afford a Yao Ming-Michael Redd combo next summer. (realistic free-agents, besides Melo, include: Yao, Redd, Richardson, Battier, Moon, Pietrus, Nene, Tyson Chandler, Grant Hill, Landry, Stojakovic, Dalembert... and these guys should all range from $2M-$9M per-season contracts)