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Bulls trade rumors: Richard Hamilton is very available

The Bulls are looking to dump Richard Hamilton's contract and do not appear too set on getting much in return for the veteran shooting guard.

Jerry Lai-USA TODAY Sports

The Chicago Bulls were rumored for years to be in the hunt for Richard Hamilton. Now that the Bulls have him, they appear ready to part ways with Hamilton, per Sean Deveney Sporting News. It appears the Bulls are not too picky in what they get back for the shooting guard or where they send him, from Deveney:

Chicago Bulls guard Richard Hamilton. Chicago has toyed with trading Hamilton for a while now, because the team does not want to pay the new, very prohibitive luxury tax, not when it appears Derrick Rose probably won't be back in time to be effective this year.

The first choice for the Bulls would have been to swap Carlos Boozer for Andrea Bargnani, but the Toronto Raptors appear set to hang onto Bargnani, let him rebuild some value, then trade him in the offseason.

Having failed to find a suitable Boozer deal, the Bulls are now looking to send Richard Hamilton somewhere, anywhere.

Hamilton has averaged 10.6 points this season on 43-percent shooting. He's still an effective jump shooter, but for teams looking for a deep threat, Hamilton doesn't fill that need. He is also making $5 million this year, but can be bought out for $1 million for the 2013-14 season when he is set to make $5 million.

One unsubstantiated rumor had the Bulls interested in Timofey Mozgov of the Denver Nuggets. The Nuggets are looking to add some shooting depth to their team, but again, Hamilton's 34-percent shooting from downtown -- and with just one attempt per game from deep -- does not make him a viable option.

The Bulls might be able to find a taker for their shooting guard, but it is still unknown what they might get back for Hamilton.

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