The Bulls announced Wednesday night they have signed free-agent guard Rip Hamilton.
Terms of the deal were not announced but an NBA source confirmed it was a three-year deal worth $15 million. The Bulls own the option on the third year.
"We are excited to welcome a player, and person, with the credentials of Richard Hamilton to our organization," General Manager Gar Forman said in a statement released by the team. "Rip has been a winner at every level. His resume speaks for itself, and we are confident that he will be an excellent fit with our team, both on and off the floor."
The 6-foot-7 Hamilton played the past nine years with the Detroit Pistons. He has averaged 17.7 ppg, 3.5 apg and 3.2 rpg in 33.0 mpg in 843 regular season contests (710 starts). His career shooting averages are .450 from the field, .347 from behind the arc and .852 from the line.
He played in 55 games (39 starts) for the Pistons last year and averaged 14.1 ppg, 3.1 apg and 2.3 rpg in 27.2 mpg. He also shot .429 from the field, .382 from downtown and .849 from the free throw line.