Source: Kirk Hinrich re-signs with Bulls

Source: Kirk Hinrich re-signs with Bulls
July 13, 2014, 3:45 pm
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LAS VEGAS — Kirk Hinrich will remain in Chicago, a league source told on Sunday afternoon, confirming an report.

While the terms of the veteran floor general’s contract weren’t immediately available, the source said that Hinrich took less money from the Bulls than he was offered by other teams, including Charlotte and Utah, though he will make more than the veteran’s minimum to continue playing for the team that drafted him back in 2003.

With Derrick Rose’s return, Hinrich is likely to reprise his role as the Bulls’ backup point guard, though he will also be able to slide over to shooting guard and play alongside the former league MVP.

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Hinrich’s return means it’s unlikely that D.J. Augustin, who excelled as a backup point guard from the Bulls last season after being waived by Toronto, will be back in Chicago.

Another source told that the Bulls did offer Augustin a contract earlier in free agency, but the diminutive scoring point guard is looking for more security at this stage of his career and teams such as Dallas and Charlotte, the team that drafted him in 2008, have expressed interest in his services.