Kirk Hinrich had a big decision to make and chose security.

League sources said that Hinrich and the Bulls have agreed to a deal that is worth $47.5 million and starts in the 2007-08 season at roughly $7.8 million.

The deal will pay Hinrich approximately $11.42 million during its final season in 2011-2012.

Hinrich initially sought a deal similar to Tony Parker's, who averages $11 million annually, but in a recent interview, he said he might eventually take what he described in another more casual conversation as "more money than I'll ever need in my lifetime."

"I'm comfortable financially right now," he said. "I don't spend a lot. ... And when you're talking numbers like we're talking, it's almost surreal."