The Cleveland Cavaliers have agreed a trade with the Chicago Bulls to send Andrew Bynum to the Central Division side in exchange for Luol Deng.

The Bulls acquire the center, who was suspended by the team last week, and three future Draft picks for the two-time All-Star.

Cleveland's general manager, Chris Grant, told ESPN: "We have worked to acquire and maintain flexibility in order to capitalise on opportunities such as this. Luol reflects all that we are striving for in building our team.

"He's a tremendous defensive player that can impact the game on both ends of the court with a team-first mentality and is a high character leader."

Bynum had been linked with a return to the Los Angeles Lakers with Pau Gasol heading in the opposite direction, but talks reportedly ended when the two sides could not agree terms.