The Bulls announced the move Monday, along with the signing of second-round pick Cameron Bairstow. A person with knowledge of the deal tells The Associated Press that Hinrich will make $2.7 million next season. The contract includes a player option for the second year. The person requested anonymity because the team does not publicly comment on contract details.
Hinrich has spent nine of his 11 seasons with the Bulls.
The steady veteran averaged 9.1 points and 3.9 assists in 73 games last season. His presence will help give the Bulls a little bit of insurance should Derrick Rose’s knee issues return.
Rose is set to play this season after missing most of the last two years.