Could the Bulls be closer to landing a shooting guard? The pieces are starting to fall into place.
According to the Detroit Free Press, the Detroit Pistons officially waived Richard Hamilton after buying out his contract, signaling the Bulls to get moving. They're expected to sign him to a two-year, 10 million deal.
He helped the Pistons win the 2004 NBA Championship and in 631 games he averaged 18.4 points per game.
"We thank Richard Hamilton for his time here with the Pistons organization," Pistons President of Basketball Operations Joe Dumars said. "Rip was a champion with us and a big part of our success over the last nine years. We wish him all the best in the future."
Would you be happy with his future being in Chicago?
It was made known before the clock struck midnight on NBA free agency that Joakim Noah was likely heading to New York, and Friday night, Noah reportedly agreed to a four-year deal with the Knicks.
ESPN reported Noah and the Knicks agreed to a four-year pact worth $72 million, quite the long-term commitment from Phil Jackson to a player who missed all but 29 games last season and has appeared in more than 67 games just once in the last seven seasons.
Noah heads to the Knicks to re-team with Derrick Rose, who the Bulls traded last week in exchange for Robin Lopez, Jose Calderon and Jerian Grant.
Noah had a pair of recent All-Star seasons with the Bulls in 2012-13 and 2013-14, earning NBA Defensive Player of the Year honors and getting named to the All-NBA First Team in 2013-14, when he averaged a career-best 12.6 points per game and 11.3 rebounds per game.
But injuries kept him off the court often during the past two seasons, with him missing 15 regular-season games in 2014-15 and only appearing in 29 contests (with just two starts) in Fred Hoiberg's first season in Chicago.
In nine seasons with the Bulls, Noah averaged 9.3 points per game and 9.4 rebounds per game.
Noah and Rose both depart the Bulls for the Knicks, where they figure to start alongside Carmelo Anthony and Kristaps Porzingis.
E'Twaun Moore has agreed to a four-year deal worth $34 million with the New Orleans Pelicans, agent Mark Bartlestein told Bulls Insider Vincent Goodwill.
Moore spent the last two seasons with the Bulls, putting together a career year last season in a reserve role. The 27-year-old shooting guard averaged 7.5 points, 2.3 rebounds and 1.7 assists in 59 games, including 22 starts.
General manager Gar Forman said during the offseason the Bulls had interest in bringing back Moore, who's capable of playing both guard positions. But when free agency began Thursday night at 11:01 p.m., Moore's suitors came calling. It was reported that six teams, including New Orleans, were interested in the two-way guard.
In New Orleans he'll join a backcourt that is losing Eric Gordon to free agency and could lose both Jrue Holiday and Tyreke Evans the following year. The Pelicans drafted shooting guard Buddy Hield with the No. 6 pick in last month's NBA Draft.
Could Dwyane Wade be coming home to Chicago?
According to a report from The Vertical's Adrian Wojnarowski, the Bulls are one of four teams courting the free-agent guard and described as one of the "most aggressive" in pursuing Wade.
Per Wojnarowski, the wooing of Wade "has included offers in length of two and three years and upward of $20 million a season" and features the Dallas Mavericks, Denver Nuggets and Milwaukee Bucks in addition to the Bulls.
[SHOP: Gear up, Bulls fans!]
The Bulls were rumored to be one of many teams trying to land Wade back in 2010, when the free-agent prizes included LeBron James and Chris Bosh. Those two teamed with Wade and took their talents to South Beach, the trio winning a pair of championships with the Miami Heat.
Wade is a Chicago native and product of Marquette University. He's spent his entire NBA career with the Heat, who drafted him in 2003. Wade has three championship rings, winning his first in 2006 alongside Shaquille O'Neal prior to titles in 2012 and 2013 with James and Bosh.
Wade is a 12-time All Star who averaged 19 points per game in 74 games last season, the most he's played in a single campaign since 2010-11.