Bulls Likely To Pick Up Option On Thibodeau

Tom Thibodeau is coaching in the second year of a two-year agreement with the Bulls, with a team option for a third season.

Bulls chairman Jerry Reinsdorf backed Thibodeau, adding there is nothing to announce now.

"Tom does a great job with this team, and you see the results of his hard work every time the players take the court," Reinsdorf wrote. "We certainly hope and expect that Tom will be with the Bulls well beyond his current contract. However, there is nothing to announce at this time."