Hinrich signs contract extension

by preverbal on Oct 31, 2006 10:20 AM CST

[From the Diaries. Nobody was truly worried here, right? This looks like a very fair deal from the Bulls end. -Matt]

Hey -- just saw this in the Trib:

http://chicagosports.chicagotribune.com/sports/basketball/bulls/cs-061031bullshinrich,1,1971030.stor y?coll=cs-bulls-headlines

With the deadline for the negotiating window expiring at 11:59 p.m. Tuesday, Hinrich decided to sign the five-year deal rather than become a restricted free agent next off-season.

League sources said the deal is worth $47.5 million and starts in the 2007-08 season at roughly $7.8 million. The deal will pay Hinrich approximately $11.42 million during its final season in 2011-2012."

Nice -- one less thing to worry about.

FanPosts are user-created posts from the BlogABull community, and are to be treated as the opinions and views of that particular user, not that of the blogger or blog community as a whole.

Tweet Comment 24 comments | 0 recs |

Do you like this story?

Comments

FUCKIN A!

I JUST READ IT! THANK GOD!

. . . . and we didn't overpay!

by Option27 on Oct 31, 2006 10:39 AM CST reply actions

My sentiments exactly...

Man, that's friggin' nice.

by tyger1147 on Oct 31, 2006 11:02 AM CST up reply actions

One less issue

Damn boys, you beat me to it, but I know we're all happy to take this weight off our backs. I figured he would get more money, especially considering the deals of Kaman and TJ Ford, but then as Kirk says, he doesn't piss away his money like many other guys in the league are prone to do. Kirk is here for another 6 years (including this year) and Pax can now focused on resigning the other guys or fleecing some other teams of talent in some lopsided trades. I'll raise my glass to that.

by eddiew23 on Oct 31, 2006 10:44 AM CST reply actions

Toronto is paying nearly as much for TJ Ford:

According to league and team sources, Ford will get a deal similar to the extension Bosh signed this summer: three years with an option on a fourth that kicks in starting with the 2007-08 season. Ford will earn between $8 million and $9 million (all figures U.S.) annually, putting him among the top third of NBA point guards in salary.

by your friendly BullsBlogger on Oct 31, 2006 10:44 AM CST reply actions

I'd rather have Ridnour

at his price than TJ Ford at that price. Ridnour isn't that much worse than Ford defnsively and has been a superior offensive player in the NBA.

by Hoopinion on Oct 31, 2006 10:53 AM CST up reply actions

Glad to have Kirk for the foreseeable future,

and this does sound like a great start toward getting the other guys all signed at reasonable deals. I'm glad Kirk decided to take it, even if I do still think he's worth way more than a couple of those other guys with bigger contracts.

by wjb1492 on Oct 31, 2006 10:53 AM CST reply actions

AHHHHHHH!!!!!!!!!!!!!!!!!!

That is the best news. I knew he wanted to stay a Bull and I'm glad he signed. Since he recently got engaged this makes one less thing to have to worry about in the next year.

Go Hawkeyes.....Beat Northwestern!!!

by sue369 on Oct 31, 2006 12:58 PM CST reply actions

Nice to have one good thing happen today

My day has been below par except for this.

I'm surprised Hinrich got less than $10m per year, seems like he's worth at least that.

"all the girls loved BJ." -sue369

by Colossus @ Blog a Bull on Oct 31, 2006 1:07 PM CST reply actions

I'll step in here ;-)

sue: 'what happened with your day'
colossus: [something nobody cares about]
sue: 'oh that sucks'
colossus: 'I know'
sue: 'you know?'
colussus: 'I do'
Matt: ::smacks forehead against monitor::

by your friendly BullsBlogger on Oct 31, 2006 1:18 PM CST up reply actions

Stop it, Matt

I am crying that was so friggin' funny.

I guess Kirk has had a nice week, getting engaged and now getting signed. Then again, getting engaged may not be that great a thing since whomever she is can now get half.

Fleece the Pig, Flog the Pony

by james@lifeinthecell on Oct 31, 2006 1:40 PM CST up reply actions