Tom Thibodeau Rumors | Hoops Rumors

Bulls, Thibodeau Agree On Four-Year Extension

October 1st, 2012 at 1:53pm CST by Luke Adams

1:53pm: Thibodeau's four-year extension will pay him about $17.5MM, with bonuses that could increase the total value to $20MM, reports Adrian Wojnarowski of Yahoo! Sports (via Twitter).

1:14pm: The Bulls and Tom Thibodeau have reached an agreement on a four-year extension for the head coach, GM Gar Forman announced today at a press conference in Chicago (Twitter link via Aggrey Sam of CSNChicago.com). Thibodeau's contract, which was set to expire at season's end, had been a hot topic of discussion over the offseason, but the 2011 Coach of the Year says he was never worried about his future.

"I'm thankful to Jerry [Reinsdorf] and Gar and John [Paxson]," Thibodeau said (Twitter link via K.C. Johnson of the Chicago Tribune). "I never doubted it would work out. I love being here."

The Bulls initially elected to simply pick up Thibodeau's contract option for the 2012/13 rather than working out a long-term extension. However, we heard last month that the two sides had resumed negotiations on a new deal.

In his two years on the Bulls' bench, Thibodeau has led the team to an extremely impressive 112-36 (.757) record. The team has yet to break through in the postseason, however, with the 2011/12 season coming to an end after a pair of devastating injuries to Derrick Rose and Joakim Noah.

Charania On Gibson, Thibodeau, Extensions

September 22nd, 2012 at 3:07pm CST by Chuck Myron

Mark Bartelstein, the agent for Taj Gibson, has been negotiating with Bulls GM Gar Forman about an extension for his client for most of the offseason, and Gibson and his camp are confident about getting a deal done before the October 31st extension deadline, reports Shams Charania of Real GM.com.

“Both sides have the same interests: They value Taj and Taj loves being a Bull,” Bartelstein said.“He hopes to stay in Chicago. Both sides want a long-term marriage.”

Bartelstein's comments are similar to what he said in a report yesterday by Aggrey Sam of CSNChicago.com. Sam also noted that the Bulls are high on Gibson, though the hefty contract of fellow power forward Carlos Boozer complicates matters.

As for Thibodeau, he and the Bulls continue to talk, but Charania hears no deal is imminent, as the Bulls are still haunted by the $4MM they had to pay off on Scott Skiles' contract after they fired him in 2007. There are whispers that owner Jerry Reinsdorf doesn't believe coaches make much of a difference, and some in the organization think Thibodeau performed poorly in the team's first-round loss to the Sixers this year.

Thibodeau is entering the final season of his deal after the Bulls picked up his option for 2012/13 a few months ago. Thibodeau and Gibson hae a strong relationship, as Charania writes, and Thibodeau has indicated Gibson will see more playing time this year.

Eastern Notes: Knicks, Thibodeau, Heat, Miles

September 20th, 2012 at 4:53pm CST by Luke Adams

Let's round up a few Thursday afternoon updates from around the Eastern Conference:

The Knicks are looking to sign a veteran two guard with NBA experience as insurance while Ronnie Brewer gets healthy, tweets Tommy Dee of The Knicks Blog. One candidate that pops to mind is Tracy McGrady, who worked out for the Knicks last week.
Appearing on the Waddle & Silvy Show on ESPN Radio, Charles Barkley spoke highly of Bulls head coach Tom Thibodeau, saying he doesn't understand why the Bulls haven't extended him yet (link via ESPNChicago.com).
In his latest mailbag for the South Florida Sun Sentinel, Ira Winderman discusses new Heat big man Josh Harrellson, and addresses the reasons why Miami didn't sign Hassan Whiteside.
Joe Gabriele of Cavs.com spoke to new Cavalier C.J. Miles about adjusting to Cleveland and his motivation for signing with the Cavs.
Former Knicks guard Stephon Marbury is the latest to argue that Carmelo Anthony and Amare Stoudemire aren't a good fit on the floor together in New York, as Ian Begley of ESPNNewYork.com writes.

Tom Thibodeau, Bulls Resume Extension Talks

September 5th, 2012 at 6:59pm CST by Luke Adams

After the Bulls elected to pick up coach Tom Thibodeau's contract option for 2012/13 rather than working out a long-term deal, the two sides have resumed talking about an extension, according to Nick Friedell of ESPNChicago.com.

While general manager Gar Forman has maintained that the Bulls have intended all along to lock Thibodeau up to a long-term extension, negotiations between the team and coach seemed to stall earlier in the summer. That was after a report surfaced in April suggesting that Thibodeau was unhappy with his contract situation, a story that both Thibodeau and Forman denied.

Thibodeau certainly seems to have proven worthy of a contract extension, leading the Bulls to a 50-16 record in 2011/12, best in the Eastern Conference, despite not having a healthy Derrick Rose for a good part of the season. Current Celtics coach Doc Rivers and former Knicks coach Jeff Van Gundy, who both had Thibodeau on their staffs at some point, have expressed a desire to see the Bulls coach sign an extension to remain in Chicago.

Odds & Ends: Kobe, Thibodeau, Suns, Sixers

August 10th, 2012 at 10:59pm CST by Alex Lee

With every NBA reporter alive seemingly grabbing each player, coach or executive they can get their hands on and asking them about the Dwight Howard trade, Kobe Bryant actually offered some helpful and interesting insight. Bryant, soon to be 34, said that he will probably play "two, three more years" with the Lakers and once he is done "the team is his," undoubtedly referring to Howard (via Sean Deveney on Twitter). While hardly definitive, it's notable that Bryant has a retirement time in mind. As the reactions, analysis and quotes regarding the big trade pour in, lets look at them as well as some of the other stuff going on in the NBA:

Per ESPN Chicago, Doc Rivers said today that he is pulling for his former assistant and now successful Bulls head coach Tom Thibodeau to receive a lucrative contract extension from the team. Although "Thibs" has been relatively quiet regarding the contract situation, Rivers said he knows from experience that coaching on a one-year deal can be tough.
Paul Coro of the Arizona Republic takes a look at what options the Suns have for their final roster spot, which will likely go to a center. While Coro puts together a sizeable list, the pickings are pretty slim.
Tom Moore of PhillyBurbs.com takes an inside look at how the Andrew Bynum deal came to fruition for the 76ers, who got involved in the talks with a phone call to Orlando about the availability of Howard. Moore also clarifies, via Twitter, that Philadelphia owes the Heat a first round pick from a draft day trade before they can send one to Orlando. Both future picks are lottery protected.
Brian Schmitz of the Orlando Sentinel says that Magic fans shouldn't be piling on new general manager Rob Hennigan for the final outcome of the Howard situation. Schmitz says the ire of the Magic faithful should be rightfully pointed towards Howard for creating the situation in the first place.
Jonathan Feigen of Ultimate Rockets gives his take on where the Rockets went wrong in their D12 pursuit, and where the franchise should go from here.

Bulls Rumors: Thibodeau, Hinrich, Korver

June 28th, 2012 at 8:31pm CST by Luke Adams

The basketball world is focused on the draft at the moment, but while Chicago waits to pick at No. 29, K.C. Johnson of the Chicago Tribune has checked in with a column full of Bulls-related items. You can continue to follow tonight's draft results here and any last-minute rumors right here, but in the meantime, let's round up the highlights from Johnson….

Derrick Rose Not Expected Back Until 2013

May 15th, 2012 at 4:11pm CST by Luke Adams

The Bulls held a press conference today in Chicago to update the media on Derrick Rose's health and a number of other topics. Here are a few of the notable items from the news conference, courtesy of Neil Hayes of the Chicago Sun-Times (all links go to Twitter):

Dr. Brian Cole, who performed Rose's ACL surgery, said the procedure went very well, but that recovery usually takes eight to 12 months. The best-case scenario for Rose is returning in January 2013, though he could miss the entire season, said Cole.
It will likely take more than a year for Rose to return to his previous level of play, but there's no reason he shouldn't be that player again, Cole added.
Bulls GM Gar Forman views Rose's absence as a short-term issue that won't affect the team's long-term plans. Forman said he won't make decisions based on short-term problems, since he doesn't feel the team's window of opportunity will close anytime soon.
Coach Tom Thibodeau's contract option for 2012/13 will "obviously" be picked up, Garman said. The two sides will begin discussing an extension soon, according to the GM.

Barkley On Bulls, Thibodeau, Nowitzki, Odom

April 11th, 2012 at 5:51pm CST by Ryan Raroque

Charles Barkley has always remained an outspoken basketball analyst who minces no words. A co-author of a book called "I May Be Wrong, But I Doubt It", Barkley recently provided his take on topics surrounding the Bulls and Mavericks:

In an ESPN Chicago report, Barkley says that he liked what he saw from Chicago in their win over the Knicks on Tuesday night, and breaks down why he feels that they can beat the Heat if they meet in the Eastern Conference Finals.
According to Charles, Bulls coach Tom Thibodeau should be one of the top five paid coaches in the league. Thibodeau may soon get that opportunity, as his contract expires this summer. (ESPNChicago.com link)
He isn't sold on the notion that Dirk Nowitzki can return to form as a dependable go-to guy, and asserts that he is "never wrong on Father Time" (Tim MacMahon of ESPN Dallas reports).
SportsDayDFW highlighted a few notes from Barkley's visit with Galloway and Company of KESN-FM 103.3 in Dallas, most notably his feeling that Lamar Odom does not deserve to get paid for his disappointing lack of productivity this year.

Central Notes: Cavs, Bulls, Villanueva, Wallace

April 4th, 2012 at 9:03am CST by Luke Adams

The Bucks can pull within a game of the eighth-place Knicks in the East tonight, and they couldn't ask for a better matchup — Milwaukee will host the Cavaliers, who have lost eight straight games and are coming off a 125-90 shellacking at the hands of the Spurs. Tom Reed of the Cleveland Plain Dealer acknowledges that a team like the Cavs needs to go through years like this to build through the draft lottery, but wonders if all the losses will affect young players like Kyrie Irving, Tristan Thompson, and Alonzo Gee. Here are a few more Wednesday morning links from out of the Central Division:

Bulls coach Tom Thibodeau and GM Gar Forman have both downplayed an ESPN.com report that suggested Thibodeau was unhappy with his contract situation. We heard yesterday that Forman and the Bulls initiated extension talks with the coach prior to the season and intend to resume them at season's end. Forman discussed this further with Neil Hayes of the Chicago Sun-Times, noting, "It’s our objective to have Tom as coach of the Bulls long-term, and I think it’s Tom’s objective to be the coach of the Bulls. Usually when your objectives are the same, you should be able to reach a resolution."
Charlie Villanueva, who has only played 15 minutes all season, is growing increasingly frustrated by his role with the Pistons, writes Vincent Goodwill of the Detroit News. Villanueva has two years and $16MM+ remaining on his contract after this season, and as Goodwill points out, the veteran forward could be an amnesty candidate. "I know this summer this will be addressed, my future will be talked about," Villanueva said. "I want to be here. But I'm a realist at the same time."
Fellow Pistons big man Ben Wallace has stated repeatedly that he'll retire at season's end, but Wallace left himself some wiggle room with his most recent comments, says David Mayo of MLive.com.

Stein On Wilson Chandler, Coaching Rumors

March 30th, 2012 at 4:51pm CST by Luke Adams

In his latest Weekend Dime, ESPN.com's Marc Stein says that Wilson Chandler's long-term deal with the Nuggets isn't worth quite as much as had been previously reported. According to Stein, the contract is for $31.7MM in total, starting at $5.5MM this season and topping out at $7.2MM in 2015/16. Only $2MM of that final season is guaranteed, Stein adds.

The rest of Stein's rumors this week revolve around coaching positions, so let's dive in….

The Bulls hold a team option on Tom Thibodeau for next season, but the Chicago coach is "dismayed" that he hasn't been offered a lucrative contract extension, according to Stein. Stein hears that Thibodeau's displeasure with his contract situation is an "open secret in team circles."
Mike Woodson is increasingly hopeful of keeping the Knicks coaching job, though if Phil Jackson expressed interest in the position, rival teams assume James Dolan would do whatever it takes to sign the Zen Master.
The Clippers may be in the market for a new coach this summer, ideally one who could convince Chris Paul and Blake Griffin to remain in Los Angeles long-term.
If Stan Van Gundy were to be replaced as the Magic coach, Nate McMillan appears to be the top candidate, says Stein.
Stein spoke to "[John] Calipari experts," who suggested the Wildcats coach may not be inclined to give up his power and prestige at Kentucky to coach in the NBA.