Chicago Bulls Signs Richard Hamilton

2011 NBA Transactions | Chicago Bulls Signs Richard Hamilton

Category: Basketball


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Chicago Bulls Signs Richard Hamilton

Richard Hamilton is now a member of the Chicago Bulls.

The leading scorer for the 2004 NBA Champions Detroit Pistons, Hamilton was waived by the Pistons on December 12, 2011 and immediately signed a 3-year, 15 million dollar contract with the Chicago Bulls earlier today, with the third year being a team option.

Hamilton joins 2011 NBA Most Valuable Player Derrick Rose to form one of the most dynamic backcourt duos in the league.

Hamilton was due to make $19 million guaranteed over the final two years of his contract in Detroit but was bought out for $11 million, saving the rebuilding team $4 million in cap space this year and $4 million more next season.

Entering his 13th year in the league, he joins a team that led the NBA with 62 wins last season and advanced to the Eastern Conference finals before losing to Miami.

Hamilton is a three-time NBA All-Star who was drafted 9th overall by the Washington Wizards in 1999. He had his best years playing for Detroit with the team reaching the conference finals six straight years and captured the championship in 2004.

He is one of four active players – Dirk Nowitzki, Kobe Bryant and Tim Duncan are the others – and 20 in NBA history who have averaged at least 20 points over 120 postseason games.

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