Bulls trade rumors: Richard Hamilton available to avoid repeater-tax

USA TODAY Sports

The Bulls are open to trading Richard Hamilton in a deal that would save them from the repeater-tax.

The latest development for the Chicago Bulls on the trade front is that there is now a willingness to trade Richard Hamilton if an opportunity to dodge the repeater-tax presents itself, via Ken Berger of CBS Sports.

Why pay the tax and burn a year on the clock that begins ticking this season toward massive repeater-tax penalties for a less-than-championship season? For that reason, sources say the Bulls are open to moving Rip Hamilton in a deal that makes sense and saves them a year on the repeater-tax rolls.

Hamilton has not been linked to any potential deals. He is currently averaging 10.7 points per game, the second lowest average of his career, while shooting 43.5 percent from the field and 34.1 percent from deep. Rip will be making $5 million for the 2012-2013 NBA season, and has a team option worth another $5 million for 2013-2014.

BLOG a BULL: Reaction to Kirk Hinrich returning and Derrick Rose practicing

In other news, Derrick Rose continues his road to recovery, and participated in 5-on-5 drills via ESPN's Jon Greenberg.

"He did what everyone else did," Bulls coach Tom Thibodeau said of Rose on Monday. "Just a normal practice."

"He was able to get out there, it was good," Hinrich said. "I'm sure it was helpful for him to give him a good gauge of where he's at."

The Bulls play the New Orleans Hornets Tuesday to begin the second half of the season.

Trending Discussions

X
Log In Sign Up

forgot?
Log In Sign Up

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior users will need to choose a permanent username, along with a new password.

Your username will be used to login to SB Nation going forward.

I already have a Vox Media account!

Verify Vox Media account

Please login to your Vox Media account. This account will be linked to your previously existing Eater account.

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior MT authors will need to choose a new username and password.

Your username will be used to login to SB Nation going forward.

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

By becoming a registered user, you are also agreeing to our Terms and confirming that you have read our Privacy Policy.

Join SB Nation Chicago

You must be a member of SB Nation Chicago to participate.

We have our own Community Guidelines at SB Nation Chicago. You should read them.

Join SB Nation Chicago

You must be a member of SB Nation Chicago to participate.

We have our own Community Guidelines at SB Nation Chicago. You should read them.

Spinner.vc97ec6e

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.