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Hinrich signs contract extension

[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.

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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   0 recs

My sentiments exactly...
Man, that's friggin' nice.

by tyger1147 on Oct 31, 2006 11:02 AM CST up reply actions   0 recs

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   0 recs

Related story
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   0 recs

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   0 recs

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   0 recs

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   0 recs

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 on Oct 31, 2006 1:07 PM CST reply actions   0 recs

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   0 recs

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.

by james@lifeinthecell on Oct 31, 2006 1:40 PM CST up reply actions   0 recs

Get a pre-nub.
"all the girls loved BJ." -sue369

by Colossus on Oct 31, 2006 1:55 PM CST up reply actions   0 recs

Haha
Do you really smach your head against the monitor?

No, nothing happened today (yet), it's just been boring.

Also, you made the mistake of thinking that old lady sue actually gives a damn.

"all the girls loved BJ." -sue369

by Colossus on Oct 31, 2006 1:54 PM CST up reply actions   0 recs

smach = smack
"all the girls loved BJ." -sue369

by Colossus on Oct 31, 2006 1:55 PM CST up reply actions   0 recs

hope
your head hurts.
Go Hawkeyes.....Beat Northwestern!!!

by sue369 on Oct 31, 2006 2:22 PM CST up reply actions   0 recs

HA HA!
amazingly put.

by Option27 on Oct 31, 2006 2:36 PM CST up reply actions   0 recs

It's incredibly flawed
he has failed to address the issue brought up in my response.
"all the girls loved BJ." -sue369

by Colossus on Oct 31, 2006 5:09 PM CST up reply actions   0 recs

Excellent
Good for Kirk.  And good for Pax.  

by Moses Taylor on Oct 31, 2006 1:27 PM CST reply actions   0 recs

Good for world peace
"But I have promises to keep, and miles to go before I sleep..."

by Jimslam on Oct 31, 2006 2:24 PM CST reply actions   0 recs

ya baby!!!
thats so awesome....also nice joke matt it was much needed

by hinrich12 on Oct 31, 2006 3:43 PM CST reply actions   0 recs

Matt gets
no Halloween treats.
Go Hawkeyes.....Beat Northwestern!!!

by sue369 on Oct 31, 2006 4:13 PM CST up reply actions   0 recs

Fav part
Hinrich, who favors jeans over jewelry anyway, began recognizing the benefits of security over his preferred salary figure.

Sounds like my kind of athlete.

"all the girls loved BJ." -sue369

by Colossus on Oct 31, 2006 5:11 PM CST reply actions   0 recs

Shameless Plug alert!
I got a take on this Hinrich extension at my blog. Just click the link in my signature.

by james@lifeinthecell on Oct 31, 2006 5:13 PM CST reply actions   0 recs

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