Bulls Aren't Chasing Carlos Arroyo

The Bulls are not looking to sign Carlos Arroyo.

Rumors swirled over the weekend that Chicago was looking to sign Arroyo, but the Daily Herald reports that no such plan was ever discussed.

The Herald points out that the Bulls have Kirk Hinrich, Jannero Pargo and Lindsey Hunter to backup starting point guard Derrick Rose.

In addition, Chicago is very close to the luxury tax threshold.

Via Daily Herald

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Jordan's HOF Ceremony Moved To Bigger Venue

Due to a huge increase in interest, Michael Jordan’s induction ceremony into the Basketball Hall of Fame will be moved from the Hall’s 1,200-capacity Center Court room to Springfield Symphony Hall, with seating for 2,611.

Hall president John Doleva believes the bigger venue could be used in future years, as more high-profile players are inducted. “No question, people see this as a special class,’’ Doleva said. “This is the next step in the evolution of the Hall. In this era of Hall inductions, so many recognizable names will be eligible and enshrined. You are eligible five years after retiring. In the ’60s and ’70s, we had Wilt Chamberlain and Bill Russell, Oscar Robertson, and Bob Cousy. Then, Larry Bird and Julius Erving and Magic Johnson took it to another level, and then Michael Jordan. You had so many recognizable names in the ’90s.’’

Via Boston Globe

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Bulls Could Sign Carlos Arroyo

Carlos Arroyo is rumored to be ready to return to the NBA, and the Bulls have been mentioned as a possible destination.

El Nuevo Dia, a newspaper out of Puerto Rico, reported on Saturday that Arroyo was close to signing a one-year deal with Chicago.

Via ESPN

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