Official: Bulls Send Hinrich and 17th to Wizards

Anytime23

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They also said a similar deal could be with the Kings as well.
 

MRN

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What's a good faith deal? Go ahead and make fun of me if it's something obvious.
 

Anytime23

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That they can get our pick now and take on Hinrichs contract July 8th when they get cap room
 

ChIBears213

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Wait, why would the Wizards want Hinrich?


Just wondering since they're about to draft Wall.
 

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Means there's some faith in it, as in the deal could be credible. :elephant:

No. :turrible:

The Chicago Bulls have a deal in place that would move Kirk Hinrich and the 17th pick to the Washington Wizards, freeing up enough cap space to pursue two maximum-salary players on this summer's free-agent market, sources with knowledge of the Bulls' plans said Thursday.

It wasn't immediately clear what Washington would send to Chicago in the trade.

The deal can't be officially consummated until July 8, when the Wizards will have room under the salary cap to absorb Hinrich's $9 million contract without having to send back anything of similar value.

Since it's a good-faith deal for the time being, there remains a chance it could fall apart. But according to one source, the Sacramento Kings are prepared to make a similar deal with the Bulls in the Wizards' stead if that were to happen.

Either way, moving Hinrich and the pick would push Chicago's space under the cap from $20 million to more than $30 million. That puts the Bulls on equal footing with the Miami Heat in pursuing not just one but two members of a free-agent class that is expected to include LeBron James, Chris Bosh, Carlos Boozer, Amare Stoudemire and Joe Johnson.
 

FedEx227

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Solid stuff indeed.

Good faith in that, it's agreed but not like actually official.
 

FedEx227

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A Deng deal is worthless at this point. Why would you trade him as well?
 
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Lebron-To-Bulls

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kirk traded to the wizards

Sources: Bulls to free up cap space
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By Ric Bucher
ESPN The Magazine
Archive
The Chicago Bulls have a deal in place that would move Kirk Hinrich and the 17th pick to the Washington Wizards, freeing up enough cap space to pursue two maximum-salary players on this summer's free-agent market, sources with knowledge of the Bulls' plans said Thursday.

It wasn't immediately clear what Washington would send to Chicago in the trade.

The deal can't be officially consummated until July 8, when the Wizards will have room under the salary cap to absorb Hinrich's $9 million contract without having to send back anything of similar value.

Since it's a good-faith deal for the time being, there remains a chance it could fall apart. But according to one source, the Sacramento Kings are prepared to make a similar deal with the Bulls in the Wizards' stead if that were to happen.

Either way, moving Hinrich and the pick would push Chicago's space under the cap from $20 million to more than $30 million. That puts the Bulls on equal footing with the Miami Heat in pursuing not just one but two members of a free-agent class that is expected to include LeBron James, Chris Bosh, Carlos Boozer, Amare Stoudemire and Joe Johnson
 

MRN

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We already have enough to get 2 max contracts at this point. (if this is legit)

Why would we get rid of Deng, he's just something to sweeten the deal for anyone who wants to come here to play, you don't wanna crush your team, he makes Chicago more appealing for free agents.
 

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A Deng deal is worthless at this point. Why would you trade him as well?

I'd rather have Hinrich than Deng.

But I'd also rather have two max guys than no Deng, still having Hinrich and 1 max guy.....so....

But in response to your question, assuming we get LBJ what value does Deng really hold on the team? You'd be paying your back up SF around 12 million a year. If you can move Deng for Pietrus and Gortat and a pick then I think you do it, but this Hinrich deal would most likely kill that possible trade.
 

Anytime23

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Yeah right. Everyone knows no teams are dumb enough to take on Hinrichs contract.
 

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