The Bulls have apparently finished up two draft deadline deals, trading John Salmons to Milwaukee for two expiring contracts, Hakim Warrick and Joe Alexander. The Bucks will also have the right to swap first round draft position with the Bulls in the 2010 college draft (unless the pick is in the top ten), and they receive two second round picks.
In a separate deal, Tyrus Thomas was dealt to the Charlotte Bobcats for the expiring contracts of Acie Law and Flip Murray. The Bulls also receive a future, protected first round pick from the Bobcats.
The Salmons deal makes the Bulls players for one max-contract guy, and I'm sure they'll be aiming at Chris Bosh or Amare Stoudamire. Salmons had the right to "opt in" for 5.8 million dollars in 2010/2011, which would have left the Bulls either needing to renounce Thomas or not be able to offer a max contract.
The Thomas deal makes less sense. The Bobcats apparently have no first round pick in the 2010 draft, so the protected pick probably will be a 2011 pick. Since the Bulls no longer needed to renounce Thomas to get enough under the cap for a max guy, I don't quite see the urgency in terms of the cap. They could decide at the end of the year what to do with him. And the draft pick is not going to help this year, unless they use it to trade for another pick.
The only other thing is that perhaps the Bulls just want to get rid of Thomas' attitude and inconsistency. I suppose that's a good reason for moving him, though I would have thought he would have more value than he apparently did.
We'll see what the future brings for this franchise.