Sunday 19th May 2024,
The Hoop Doctors

Bulls Sign Rip Hamilton for 3-Years, $15M

Because he didn’t have much help in the way of additional perimeter scoring, Derrick Rose had to shoot a whole lot last year. Probably more than he or Tom Thibodeau would’ve liked. Now that they have signed veteran swingman Rip Hamilton, it makes them a much more complete team. This moves arguably makes them elite now.

The Bulls made it official Wednesday night and announced they signed Hamilton to boost a backcourt that already included Rose, the league’s MVP.

Terms were not released, but a person familiar with the situation said earlier in the day it’s a three-year, $15 million deal. The person spoke on the condition of anonymity because the contract had not been finalized.

The Chicago Tribune, citing sources, reported the team holds an option for the third year. If the Bulls don’t exercise it, he receives some partial guarantees.

Either way, Hamilton is officially a member of the Bulls.

“We are excited to welcome a player, and person, with the credentials of Richard Hamilton to our organization,” general manager Gar Forman said in a statement. “Rip has been a winner at every level. His resume speaks for itself, and we are confident that he will be an excellent fit with our team, both on and off the floor.”

Source: AP on SportingNews.com

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