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Bulls to waive Richard Hamilton

Jul 2, 2013, 6:07 PM EDT

Chicago Bulls shooting guard Hamilton questions a call against the Charlotte Bobcats during the first half of their NBA basketball game in Charlotte Reuters

For the second time in three years, an NBA team is paying Richard Hamilton to go away.

The Pistons’ cap obligation to pay Hamilton a $14.5 million buyout over the last two seasons just ended, but now the Bulls will pay Hamilton $1 million not to play for them next season.

Ken Berger of

Hamilton’s contract doesn’t become fully guaranteed until July 11, so the Bulls will waive him sometime before that. They already have his replacement, Mike Dunleavy. Waiting could allow Chicago a chance to use Hamilton in a trade, but it’s still likely the team acquiring Hamilton would also buy him out for $1 million rather than pay $5 million to keep him.

In two seasons with the Bulls, the 35-year-old Hamilton struggled to stay healthy, but that’s often what happens with players his age. Hamilton is clearly declining.

The Pistons wanted him to be one of their top players, but he could no longer handle that. The Bulls wanted him to be their starting shooting guard, but he could no longer handle that. Hamilton, 35, is only getting older, so expectations must be even further lowered.

Hamilton scored 11 and 15 points in the last two games of Chicago’s season-ending series loss to the Heat. There are signs he can still help a contender – as long as both sides realize Hamilton can no longer fill a major role.

  1. dirtydavis - Jul 2, 2013 at 7:08 PM

    There goes Bulls Playoff chance out the window

    • fanofevilempire - Jul 2, 2013 at 7:22 PM

      Bulls are never winning again unless Jordan plays for them, ’93 version.

  2. sportsnut101 - Jul 2, 2013 at 7:11 PM

    He was good when he played but didn’t play much. Injuries then thibs doghouse

    Nice pickup for Knicks or even okc. Veteran min only

  3. 13arod - Jul 2, 2013 at 7:52 PM

    dirtydavis they weren’t going to make the playoffs anyway

  4. navyeoddavee9 - Jul 2, 2013 at 8:38 PM

    15.5 mil to not play, only in America

    • cmehustle - Jul 2, 2013 at 11:42 PM

      Are you talking about Rip??? I believe he’s only getting 1 mil to not play…not 15.5.

  5. sportsfan18 - Jul 2, 2013 at 8:43 PM

    The Heat will win the East next year (I’m not a Heat fan at all).

    The Bulls and the Pacers will battle it out for 2nd place in the conference.

    The Nets will be 4th in the conference next year.

    The Bulls used to have Korver but didn’t want to pay him so they got rid of him. Korver made $5 million each of the past 3 seasons. There are reports that he will sign with the Nets for a bit over $3 million a season for 3 yrs. The Bulls just signed Dunleavy for 2 yrs at $3 million per yr.

    The Bulls are a contender, they are close, but to catch and beat the Heat, they need a strong roster that gets the best bang for the buck at each position on the team.

    Dunleavy is a good role player. There are 15 LeBron James for each team… But, for a tad more than they are going to pay Dunleavy, they could have had Korver.

    Yes, Dunleavy shot .428% from 3 pt range last year, but he is only a career .372% 3 pt shooter.

    Korver is one of only 2 men in the NBA to shoot at least 41 percent each of the past 4 seasons in the NBA (the other is Stephen Curry). Korver is a .419% three point shooter for his career and he shot .459% last year.

    The Bulls are a great defensive team but they struggle for points. Rose will help now that he will be back but even with him before they still struggled offensively at times.

    Nothing like getting one of the highest percentage 3 pt shooters in the game to get you some points in a hurry.

    Korver was 2nd in the NBA last yr in 3 pt shooting. Jose Calderon shot .461% to Korvers .457% in many more attempts than Calderon (132 more attempts).

    The Bulls should have signed Korver for 3 yrs.

    On top of this, they just got rid of Hamilton’s $5 million this yr too…

    • loubearkane - Jul 3, 2013 at 9:06 AM

      There better not be a quiz

  6. eboneseagles - Jul 2, 2013 at 10:52 PM

    ^Waste of time typing that mess.

    I heard rumors the knicks could possibly want him as a JR replacement. That’s an awful idea since he couldn’t even play when 3/4 of the bulls team were hobbled.

  7. navyeoddavee9 - Jul 3, 2013 at 12:15 AM

    The pistons paid him 14.5 not to play, plus a mil from the Bulls = 15.5 mil

  8. 2late2matter - Jul 3, 2013 at 3:49 PM

    Makes sense for the Pistons to take a San Antonio approach on Rip and offer to pay him 1/3 of his previous 15M salary for a place to play next year. He obviously knows he is not going to accomplish anything at this point except sand-bagging for his retirement.

    Give him the option of accepting or rejecting the money. No major loss either way.

  9. anonymousrm - Jul 3, 2013 at 7:46 PM

    I doubt a contender would want Rip, so I say he rejoins the Pistons for the veteran’s minimum and finish his career there much like Ben Wallace did. Maybe Chauncey can even do the same (although Chauncey can still help a contender so probably won’t happen with him).

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