Bulls sign Hunter, Pargo; Thomas takes buyout

As expected, the Bulls signed Jannero Pargo and Lindsey Hunter to one year deals. The team also bought out the last year of Tim Thomas' contract which would have paid the forward $6.46 million next season.
Coach Vinny Del Negro said last week the team wanted Hunter, 38, back to play one more season and continue as a mentor to Derrick Rose and other young players. Hunter will make $1.3 million.
Pargo, as was reported last week, signed a $2 million deal. He is in Las Vegas with the Bulls' summer league team but will not play in the five games, which begin today against Golden State.