The Sacramento Kings have agreed to send center Brad Miller and swingman John Salmons to the Chicago Bulls for Drew Gooden and Andres Nocioni, a person with knowledge of the situation told CBSSports.com.
The deal has yet to go through the league approval process, so other pieces could be involved. But with that basic framework, the Kings pay a hefty price for Gooden's $7.1 million expiring contract. Nocioni is owed $21 million over the next three years, with a fourth year at a team option for $7.5 million.
UPDATE: According to the Sacramento Bee, the Bulls also send Michael Ruffin and Cedric Simmons to the Kings. In a separate deal, the Kings send Ruffin to Portland for Ike Diogu and about $1 million. When the math is done, the trades will save the Kings about $13.5 million next season.
UPDATE: K.C. Johnson of the Chicago Tribune reports that Chicago also is discussing a separate salary dump that would send Kirk Hinrich ($26.5 million due over the next three years) to Minnesota for Jason Collins' expiring contract and noted cap albatross Brian Cardinal, who has $6.75 million coming off the books after 2009-10.
The Mavericks, who are shopping Jerry Stackhouse (only $2 million guaranteed next season) were in the mix for Miller, but the Bulls had the pieces necessary for the Kings to move the two players they wanted to trade in the same deal. The Knicks also were interested in Miller, but had no serious conversations with the Kings on that front.