Recently released swingman Richard Hamilton has cleared waivers, according to K.C. Johnson of the Chicago Tribune. He is expected to sign a two-year, $10 million deal with the Chicago Bulls.
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The 33-year-old will now likely join a Chicago Bulls squad that boasted the best record in the Eastern Conference last season. His presence will help alleviate the scoring load from league MVP Derrick Rose, and his mid-range shooting game is expected to be a strong compliment to Luol Deng and Carlos Boozer.
Hamilton had played nine seasons for the Pistons, before the club released him on Monday. The three-time All-Star averaged 18.7 points and 4.1 assists in 55 games for Detroit last year. His best season for the Pistons came in 2002-03 when he averaged 22.3 points per game.
Hamilton was originally drafted by the Washington Wizards with the No. 7 pick in the 1999 NBA Draft, and was traded to Detroit for Jerry Stackhouse following the 2001-02 season. Update: ESPN.com is reporting that Hamilton will sign with the Bulls and practice with the team on Thursday.