D-Rose, Lebron and Dwyane Wade, all together? It's not out of the realm of possibility.

The Chicago Bulls have agreed to trade away Kirk Hinrich and the 17th pick in tonight’s draft, according to ESPN.

The Chicago Bulls have a deal in place that would move Kirk Hinrich and the 17th pick to the Washington Wizards, freeing up enough cap space to pursue two maximum-salary players on this summer’s free-agent market, sources with knowledge of the Bulls’ plans said Thursday.

It wasn’t immediately clear what Washington would send to Chicago in the trade.

The deal can’t be officially consummated until July 8, when the Wizards will have room under the salary cap to absorb Hinrich’s $9 million contract without having to send back anything of similar value.

Since it’s a good-faith deal for the time being, there remains a chance it could fall apart. But according to one source, the Sacramento Kings are prepared to make a similar deal with the Bulls in the Wizards’ stead if that were to happen.

Count me as officially afraid of the Bulls for next season. Take Derrick Rose, Joakim Noah, Luol Deng, Free Agent X, Free Agent Y and whatever the Bulls get from Washington, sprinkle Tom Thibodeau’s defense on top of it and you’ve got yourselves a title contender. It’s that easy.

There are also rumors of Chicago sending Deng to Orlando for Pietrus and Gortat, which doesn’t seem to make sense for Chicago unless they’re pretty sure they can sign a certain free agent small forward. And, for what it’s worth, Jalen Rose reported via Twitter that Lebron ain’t going back to Cleveland. Just keep in mind, 24 watchers, I’d rather trust David Palmer’s wife Sherry than Jalen Rose’s word about a rumor.

UPDATE: This deal doesn’t quite clear space for two free agents. But the Bulls aren’t done dealing, according to John Hollinger. Look for them to have cap space for two max guys when all is said and done.