Yes. That what I predicted on my latest episode of RWTB.
He'll get his minutes backing up both guard spots and he should get his chances to score. Let's say he performs close to his 06/07 level, stat-wise and defensively, he could win.
If he gives the Bulls 16 and 6 with solid D off the bench that would be good enough. Sure Jason Terry can score a bunch off the bench, but we know NBA voters like to spread the wealth when it comes to awards. They would trip over themselves to vote for Hinrich.