Older additions for my boys( the sonics) no? Was this to just unload szczerbiak's contract?
Pretty much, yeah. Straight salary dump.
Chicago saves a little salary, too; Hughes contract isn't quite as obscene as Wallace's.
I just can't get excited about this deal, though. The Bulls get a shot at a couple young players who might be something (Simmons and Brown), but young talent isn't exactly their problem right now. I like Gooden for that team; they need a big who can actually score.
As for Cleveland...well, Danny Ferry did the best he could with what he had. I'm not crazy about this deal for them, but they probably did the best they could. The Cavs were already an excellent rebounding team, so they really didn't need Wallace from that end, but he should help them tighten up their defense a bit, which has been mediocre this year.
Problem is: all this does is limit the minutes for Anderson Varejao. There's no way the Cavs can play Wallace and Varejao together; they'll get killed on the offensive end. Playing Wallace and Varejao is practically a license to triple-team LeBron James. So Wallace will help defensively, but when you consider that most of his minutes come at the expense of Varejao, the overall impact isn't nearly as significant.
I do like the Szczerbiak pickup, though. That's going to help a lot; the Cavs have a team full of guys who can't make a 3 to save their lives. With James drawing attention, there should be some open looks for Szczerbiak to take advantage of.