In Chad Ford's latest Insider blog, he went over many trade rumors surrounding the Portland Trailblazers including this one
There's no question Pritchard also is trying to figure out a way to get maximum cap room this summer to use for a free agent or in a trade. The Magic's Hedo Turkoglu gets the most mention, but sources say Portland's real target is Bulls point guard Kirk Hinrich.
The idea of non-guaranteed contracts of Steve Blake + Travis Outlaw being swapped for Kirk Hinrich is hardly a new one as Bulls fans have been discussing this possibility for over six months. Whether Ford's sources on this amount to any real inside info is of course open for debate, but such a trade seems to make sense for both sides.
The trade frees up the financial room for the Bulls to keep Gordon and stay out of the luxury tax. However, given how profitable the Bulls are, going into the luxury tax for one season after making the most money in the past decade on their franchise seems like something they owe the fans anyway even though we know it's unlikely to actually work out that way <steps off soapbox>.
It also has the added bonus of being able to be completed after draft day is completed and the Bulls can actually talk to Ben Gordon and work out a contract with him, meaning there's no trade away Kirk and then have Ben Gordon walk to another team and be stuck with no one possibility.
Of course, I've heard repeatedly that Hinrich is a goner regardless of what happens with Ben, but that remains to be seen and is still difficult for me to believe. We'll see how things pan out.