WASHINGTON (Reuters) - The Washington Wizards have acquired guard Kirk Hinrich and the draft rights of first-round pick Kevin Seraphin from the Chicago Bulls in exchange for the rights to Belarusian Vladimir Veremeenko.
Hinrich, selected with the seventh overall pick in the 2003 NBA Draft, has career averages of 13.4 points, 5.8 assists and 3.4 rebounds in seven seasons with the Bulls.
"We are excited to add Kirk and Kevin to our team, as their acquisition significantly bolsters our roster," Wizards President Ernie Grunfeld said on Thursday in a statement.
"Kirk will provide another solid veteran presence to our backcourt and bring playoff-tested toughness, defense and leadership."
Veremeenko, a 6-foot-10, 230-pound second-round draft pick of the Wizards in 2006, spent the 2009-10 season with Unics Kazan of the Russia-A Superleague.
"During this free agency period, we wanted to aggressively position ourselves to explore every avenue possible to improve our team," said Bulls general manager Gar Forman.
"That said, it was not an easy decision for us to trade Kirk, but one that we felt was necessary in order to make the Chicago Bulls a better basketball team."
Seraphin is a 6-foot-9, 240-pound forward/center who was chosen by the Bulls with the 17th overall selection in the 2010 NBA Draft.
He has career averages of 4.6 points and 3.3 rebounds over 48 games for Cholet Basket in France's Pro-A League.
The Wizards also received "cash considerations" as part of the deal.
(Writing by Steve Ginsburg; Editing by Frank Pingue)