Sources: Bulls to free up cap space

Updated: June 25, 2010, 12:46 AM ET
By Ric Bucher | ESPN The Magazine

The Chicago Bulls have a deal in place that would move Kirk Hinrich and the 17th pick to the Washington Wizards, freeing up enough cap space to pursue two maximum-salary players in this summer's free-agent market, sources with knowledge of the Bulls' plans said Thursday.

The Bulls would receive a future second-round pick, The Associated Press reported, citing a person familiar with the negotiations.

The deal can't officially be consummated until July 8, when the Wizards ...

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