Kirk Hinrich

Odds & Ends: McGuire, Wafer, Hinrich, Magic

The Metropolitan King County Council took the initial step towards bringing an NBA arena to Seattle, according to the Associated Press.  Investor Chris Hansen's $490MM plan calls for nearly $300MM in private funds and $200MM in public contribution.  Here's tonight's look around the Association..

Bulls Sign Kirk Hinrich

1:37pm: Hinrich's two-year deal will pay him roughly $8MM, says K.C. Johnson of the Chicago Tribune. In that case, Hinrich will receive more than $3.09MM in year one, meaning the Bulls are using their full mid-level exception, hard-capping their 2012/13 team salary at about $74.3MM.

JULY 23RD, 12:33pm: The Bulls have officially signed Hinrich, the team announced today in a press release. Since Chicago couldn't work out a sign-and-trade with Atlanta, the deal is expected to consume the team's full taxpayer mid-level exception.

JULY 8TH: The Bulls have reached a verbal agreement on a deal with free agent guard Kirk Hinrich, reports K.C. Johnson of the Chicago Tribune (via Twitter). While details are still being finalized, Hinrich is expected a receive a two-year, $6MM contract from the Bulls. Hinrich returns to the franchise that drafted him in 2003 after spending parts of the last two seasons with the Wizards and Hawks. 

By adding Hinrich to their backcourt, the Bulls have given themselves more stability at the guard position with Derrick Rose on the shelf for at least a portion of the upcoming season. The former Kansas star averaged 6.6 PPG and 2.8 APG in 48 games during the 2011/12 season. 

Hawks Acquire Kyle Korver

JULY 16: The Hawks have announced via a team press release that they have officially acquired Kyle Korver from the Bulls in exchange for cash. As noted on Twitter by ESPN.com's John Hollinger, the Bulls receive a $5MM trade exception in the deal, and the Timberwolves are no longer involved

JULY 13: The trade will also include the Timberwolves, according to Johnson (via Twitter). Korver will be absorbed into the Hawks' $5MM trade exception, and the Bulls will receive a second-round pick from Minnesota, says Johnson. It sounds as if one more detail is required here.

2:18pm: The Bulls have agreed to trade Kyle Korver to the Hawks, reports K.C. Johnson of the Chicago Tribune (via Twitter). The deal is pending a physical, and could become a sign-and-trade involving Kirk Hinrich, according to Johnson.

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Bulls Notes: Rose, Asik, Howard, Hinrich

Derrick Rose's road to recovery appears to be progressing along nicely according to his brother Reggie, who says that the Bulls superstar is "way ahead of schedule." Rose is now walking without a brace and is currently in California enjoying a quiet retreat from Chicago in the meantime (Scott Powers of ESPN Chicago has the report). Here's what else we've heard out of Chicago tonight, including more on Omer Asik, thoughts on Dwight Howard, and a returning Bull..

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Free Agent Rumors: Lucas, Camby, Lewis

Jeff Green reached an agreement to remain with the Celtics on Saturday, while Aaron Brooks became an unrestricted free agent after the Suns withdrew their qualifying offer to the guard. What will Sunday bring? Here are the latest rumors on a number of free agents still on the market:

Earlier updates:

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Odds & Ends: Hinrich, Bulls, Meeks, Mayo, Tolliver

Aggrey Sam of CSN Chicago reported earlier that the Bucks presented Kirk Hinrich with an offer of about $4 MM per year, while the Bulls have made an offer somewhere between the veteran's minimum and around $2 MM per year. The proposed length of either deal is still unknown. Although the Bulls have been relatively quiet at this point during the offseason, Sam thinks that Chicago could eventually become financially viable for free agent point guards such as Ramon Sessions, Raymond Felton, Jerryd Bayless, and Delonte West, who could be available if they are not acquired during the first wave of free agent signings. Derek Fisher and Jonny Flynn were also mentioned as potential additions.                                                                                                 
We are currently less than four days away from the end of the NBA's moratorium period, and here is the rest of what we've heard around the league this evening…
  • Ersan Ilyasova plans to meet with Bucks owner Herb Kohl on Tuesday, which is seen as an important opportunity in the team's effort to retain the 6'10'' forward (Gery Woelfel of the Journal Times reports). Earlier this week, we reported that Milwaukee offered a deal worth around $40MM over five years.

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Free Agent Rumors: Jamison, Sessions, Lewis

Five days into free agency, a number of big names, such as Deron Williams, Kevin Garnett, Jason Kidd and Steve Nash, are off the market. But there are still plenty of players out there looking for contracts. We'll wrap up many of today's free agent updates right here, with the latest items added to the top of the page throughout the day….

  • Antawn Jamison had dinner in Charlotte with Bobcats executives Rod Higgins and Rich Cho, writes Marc J. Spears of Yahoo! Sports (Twitter links). The former UNC star has also been talking to Warriors general manager Bob Myers, Jamison's former agent, and will chat with head coach Mark Jackson in the near future.
  • The Mavericks have reached out to Ramon Sessions for a second time and pitched a starting job to the veteran point guard, writes Jeff Caplan of ESPNDallas.com
  • Rashard Lewis will visit the Heat this weekend after having his contract bought out by the Hornets, reports David Aldridge of NBA.com (Twitter links). The Hawks and the Knicks are among other teams interested in the veteran forward. 

Earlier updates:

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Free Agent Rumors: Hill, Dragic, McGee, Shved

Happy Fourth of July to all of our American readers! Even though it's a holiday, we're expecting more free agent developments, so we'll be providing our usual updates all day long. Here are a few of Wednesday's more minor free agent rumors, with the latest items added to the top of the page throughout the day….

  • Frank Isola of the New York Daily News tweets that Grant Hill will either join Steve Nash in signing with the Lakers or retire.
  • Paul Coro of the Arizona Republic tweets that the Suns are unwilling to offer Goran Dragic the $10MM per year he is reportedly seeking.
  • Ken Berger of CBSSports.com (Twitter link) hears that negotiations between JaVale McGee and the Nuggets are "going well."

Earlier updates:

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Bulls Rumors: Hinrich, Asik, Roy, Fisher, Lucas

In case you missed it amidst tonight's flurry of free agent rumors, the Bulls are making Kirk Hinrich their top free agent target, K.C. Johnson of the Chicago Tribune tweets. Johnson has more in a full report, adding that Hinrich will command most, if not all, of the team's $3MM mini mid-level exception. Hinrich may not be altogether exciting for Bulls fans, but they haven't stopped their pursuit of others, including Brandon Roy, and GM Gar Forman left open the possibility the team could match the Rockets' backloaded offer for Omer Asik, which will be officially tendered on July 11th. "I'm not going to talk about any type of negotiation or anything contractually until we see something," the GM said. "We've made it clear we value Omer and it's been our goal that Omer would stay with the Bulls." Johnson has more out of Chicago, and we've got the highlights here:

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Free Agent Rumors: Lin, Hinrich, Kaman, Nash

While a report surfaced last night suggesting that the Knicks may be reluctant to match a backloaded offer to Jeremy Lin, it doesn't appear that such an offer will come from Brooklyn. According to TNT's David Aldridge, the Nets haven't reached out to Lin, and appear to be viewing Steve Nash as Plan B if they can't lock up Deron Williams. Let's round up a few more free agent tidbits from around the league….

  • While an earlier report (linked below) from K.C. Johnson of the Chicago Tribune suggests the Bulls will only offer the minimum to Kirk Hinrich, Johnson says he's now emerging as the team's top target (Twitter link).  
  • Chris Kaman had a "positive" meeting with the Pacers today, but no offer was made, tweets Marc J. Spears of Yahoo! Sports. 
  • Frank Isola of the New York Daily News believes Lin and Nash may be an either/or proposition for the Knicks.

Earlier updates:

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