According to El Nuevo Dia (via True Hoop), Carlos Arroyo is close to signing with the Chicago Bulls.

On Saturday, El Nuevo Dia, a newspaper out of Puerto Rico, reported that Arroyo was close to signing a deal with the Chicago Bulls. According to the report, the agreement would be for one season and $1 million.

Arroyo guided Maccabi Tel Aviv last season to an Israeli Premier League Championship and was named MVP of the finals.

He averaged 14.4 points and 4.1 assists during the season.

Carlos Arroyo is a good player, who would be a good backup point guard on most teams. However, the Bulls, as currently constructed, are not one of those teams. The Bulls already have Kirk Hinrich and Jannero Pargo manning the point guard position. Signing Arroyo really only makes sense if we are planning on moving one of our point guards.

Bulls.com is reporting that the Chicago Bulls have signed Linton Johnson III.

March 11, 2009 – The Chicago Bulls today signed forward Linton Johnson III to a 10-day contract. Johnson, a 6-8, 205-pound forward, will be in uniform tonight when the Bulls take on the Orlando Magic at Amway Arena at 6:00 p.m. (CT).

Johnson, a five-year pro, most recently played with the Charlotte Bobcats during the start of the 2008-09 campaign. He appeared in two games with the Bobcats before being waived on Nov. 19, 2008.

The Chicago native will re-join the Bulls for the second time in his career. During the 2003-04 season, he appeared in 41 games with Chicago and posted averages of 4.2 ppg and 4.5 rpg in 17.9 mpg.

Johnson has also enjoyed stints with the San Antonio Spurs (member of the 2005 NBA Championship team), New Jersey Nets, New Orleans Hornets, Toronto Raptors, Phoenix Suns and Bobcats. For his career, he has posted averages of 4.0 ppg and 3.4 rpg in 14.5 mpg. He owns career shooting averages of .417 from the field and .699 from the line.

Johnson, 28, was undrafted out of Tulane University.

Chicago’s roster now stands at 14.

What are the Bulls thinking? Linton Johnson will do nil to help the Bulls on the basketball court, but will be constantly conjuring images of the dark ages in the minds of Bulls fans.

The Chicago Bulls have officially signed Lindsey Hunter according to a press release they just sent out. Here is what the press release says:

November 13, 2008 – The Chicago Bulls today signed Lindsey Hunter. Per team policy, terms of the contract were not disclosed. Hunter, a 6-2, 195-pound guard, will be with the Bulls tonight when they host the Dallas Mavericks at the United Center at 7:30 p.m.

Hunter, a 15-year NBA veteran, most recently played with the Detroit Pistons during the 2007-08 campaign. Last year, he appeared in 24 games and averaged 2.4 ppg and 1.4 apg in 9.0 mpg.

The Utica, Miss native has enjoyed two stints with the Pistons (1993-2000, 2003-08). He has also played for the Milwaukee Bucks (2000-01), the L.A. Lakers (2001-02) and the Toronto Raptors (2002-03). For his career, he has posted averages of 8.8 ppg, 2.7 apg, 2.2 rpg and 1.23 spg in 25.5 mpg. He owns career shooting averages of .389 from the field, .362 from downtown and .746 from the line.

Originally selected by the Pistons in the first round (10th overall) of the1993 NBA Draft, the 37-year old Hunter has been a member of 11 playoff teams, including the 2002 NBA Champion L.A. Lakers and the 2003 NBA Champion Detroit Pistons.

Chicago’s roster now stands at 15.

According to K.C. Johnson of the Chicago Tribune, the Bulls are set to sign Lindsey Hunter today. Here is what Johnson wrote:

Moving to address their shortage of point guards with Kirk Hinrich sidelined for three months, the Bulls will sign veteran Lindsey Hunter on Thursday.

Hunter, 37, has 15 years of pro experience with career averages of 8.8 points and 2.7 assists. He’s also known as a capable defender. Last season Hunter played 24 games with the Pistons, who originally drafted him 10th overall in 1993.

Derrick Rose has played more than 40 minutes in each game since Hinrich tore a ligament in his right thumb that required surgery.

Hunter averaged 9 minutes per game last season, which could ease the burden on Rose.