The Bulls view him as an ideal complement for Derrick Rose because he can take defensive and ball-handling responsibilites off Rose's plate.
Both the Bulls and Hinrich stated his return to Chicago would be a priority following the playoff loss to the Wizards. Hinrich, 33, also drew interest from the Bobcats.
Similar to the Bulls' acquisition of Pau Gasol, the Bulls have negotiated in a range of terms with Hinrich. Until their salary cap picture is set following an imminent trade of Greg Smith and the expected amnesty of Carlos Boozer, Hinrich's salary is unknown. But it's for more than the veteran's minimum, according to a source. The Bulls will have the "room exception" of $2.7 million when the Boozer amnesty becomes official.