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Bulls Deal Hinrich, First Round Pick To Wizards

By Marcus Gilmer in News on Jun 24, 2010 9:40PM

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We were expecting it and it seems like it's happening: ESPN's Ric Bucher is reporting that the Bulls have agreed to deal Kirk Hinrich and their first round pick in tonight's draft (17th overall) to the Washington Wizards though it's still not known what the Bulls will get in return for the trade. What is known is that the move would put the Bulls roughly $30 million under the cap which Bucher speculates is enough to go after two top free agents. Like, say, LeBron and Bosh? The deal won't be finalized until July 8 because that's when the Wizards will have enough space under the cap to take on Hinrich's contract. In the event the deal with the Wiz falls through, it seems the Bulls already have a back-up suitor for the same deal in the Sacramento Kings.