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Bulls Chose Luxury Tax over Trading First-Rounder

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Bulls Chose Luxury Tax over Trading First-Rounder
Jonathan Daniel/Getty Images

The Bulls were one of just seven NBA teams that had never paid the luxury tax entering this season, but after standing pat at the deadline, Chicago is poised to be a taxpayer for the first time. According to Grantland's Zach Lowe, however, the Bulls could have "easily" traded Richard Hamilton and moved under the tax threshold, but were unwilling to include a first-round pick along with Hamilton.

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