Report: Bulls agree to trade Hinrich to Wizards
Basketball Betting Lines
06/24/2010 -
Chicago, IL (Sportsbook Betting Lines) - The Chicago Bulls have reportedly agreed to
trade guard Kirk Hinrich and the 17th overall pick in tonight's NBA Draft to
the Washington Wizards.
The deal can only be viewed as a salary purge to open up room for the crop of
high-priced free agents available this offseason. Hinrich was set to make $17
million over the final two years of a $47.5 million pact agreed upon at the
start of the 2006-07 season.
According to the Chicago Tribune, that would put the Bulls close to $30
million under the salary cap. The report states the Bulls would receive at
least a second-round pick in return, although, the exact compensation remains
unclear.
The deal is complicated by the fact that the Wizards can't take on Hinrich's
salary until the new salary cap figures are released for next season. The
transaction would presumably be finalized on July 8 -- the first day of the
NBA free agent signing period.
Hinrich has spent his entire seven-year pro tenure in Chicago. The former
Kansas standout started 53 of 74 games last season and averaged 10.9 points,
4.5 assists and 3.5 rebounds while shooting 37.1 percent from three-point
range.
In 514 career games with the Bulls, including 433 starts, the 29-year-old has
averaged 13.4 points, 5.8 assists, 3.4 boards and shot 37.9 percent on threes.
He's made at least 100 three-pointers in all but two of his NBA seasons.
Washington, meanwhile, would have three first-round picks including the top
overall pick and the final selection at No. 30.
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