Bulls Will Buy Out Richard Hamilton

Bulls Want To Trade Richard Hamilton With Eye On Luxury Tax



The Chicago Bulls are open to trading away Richard Hamilton, according to sources.

The Bulls reportedly are again very conscious of the luxury tax and want to avoid burning a year toward the repeater-tax penalties.

The Bulls have never paid the luxury tax.

Bulls Will Buy Out Richard Hamilton



Richard Hamilton scored 15 points in 35 minutes of the Chicago Bulls' Game 5 loss to the Miami Heat, and he knows he likely does not have a future with the organization.

The Bulls will buy out Hamilton for $1 million this offseason.

Hamilton has said he hopes to play two more seasons.

"Even though the last two weeks have been hard, my teammates have been great," Hamilton said. "They were so supportive of me and dumbfounded by the situation. They kept me going."