If you thought the Bulls signing Carlos Arroyo didn't make sense, you're not alone. The Bulls agree with you.
A Bulls source said Tuesday that there was "no truth at all" to a report in a Puerto Rican newspaper over the weekend that the veteran point guard was close to signing a one year, $1 million contract with the Bulls.
The Bulls are deep at the position with Derrick Rose, Kirk Hinrich, Lindsay Hunter and Jannero Pargo capable of playing there.
There is a feeling that the report came from the agent for Arroyo as a way to drum up interest for his client.