Barring an unforeseen waiver claim, Richard "Rip" Hamilton will be a member of the Chicago Bulls.
Multiple media outlets, including K.C. Johnson of the Chicago Tribune, have reported that with Hamilton's buyout with the Detroit Pistons official, the stage has been set for the Chicago Bulls to sign the veteran shooting guard to a two-year, $10 million deal.
This move brings the Chicago Bulls a step closer to an NBA Championship in 2012.
Hamilton is a significant upgrade over Keith Bogans and whether starting or coming off the bench, he will improve the Chicago Bulls shooting guard position tremendously.