HoopsHype Tom Thibodeau rumors

LATEST HOOPSHYPE VIDEOS

May 23, 2015 Updates

Orlando had interest in discussing its opening with Chicago Bulls coach Tom Thibodeau, but the Magic haven’t wanted to offer draft compensation for the chance to acquire him, league sources said. Chicago management has been waiting for a team to offer a draft pick to hire Thibodeau, but so far that hasn’t happened. The Bulls seem determined to hold on to Thibodeau until the league’s job vacancies fill, and a firing in Chicago would likely leave him out of coaching next season. Yahoo! Sports

The Bulls' coaching history has featured some wild twists and turns. Who can forget Scott Skiles' agent saying in June 2005 that "the way (Chairman Jerry Reinsdorf) does business is insulting" as he exasperatedly called off contract talks and then Skiles signing a three-year extension the next day? Or all signs pointing to Doug Collins returning for a second stint as coach until he and Reinsdorf, citing their friendship, nixed it and Vinny Del Negro arrived in 2008? Things can change unexpectedly in the NBA, though signs continue to point to Thibodeau's exit. What won't change, whenever a conclusion on Thibodeau's future is reached, is Forman saying the decision was made with the best interests of the franchise in mind. Chicago Tribune

But this delay isn't some leverage ploy or negotiating tactic. If the Bulls, whose second-round pick coincidentally is headed to the Magic, wanted a second-round pick, they would buy one. This is, after all, a franchise that ponied up $3 million to move up and acquire Luol Deng's draft rights in 2004 and paid an undisclosed amount to do the same for Nikola Mirotic in 2011. No, this decision is way above getting, say, a second-round pick from the Pelicans or Magic. Especially because sources indicate the Magic's interest in Thibodeau has been way overstated, if not nonexistent to this point. And Yahoo Sports reported the Pelicans' interest in Thibodeau lies more with team President Mickey Loomis than general manager Dell Demps, who, the website reported, fired strong-willed coach Monty Williams in part over internal battles. Chicago Tribune

KC Johnson: With @Marc Stein reporting Jeff Van Gundy interested/in running for Pelicans job, the non-Bulls market getting more crowded for Thibodeau Twitter @KCJHoop

KC Johnson: Reported yesterday that Magic interest in Thibodeau has been overstated. Could be Bulls or bust, as in take year off. Stay tuned. Twitter @KCJHoop

May 21, 2015 Updates

ESPN.com reported last week after the Bulls' second-round elimination against Cleveland that there is mutual interest between Thibodeau and the Pelicans in discussing the job that was vacated when Monty Williams was fired earlier this month. Thibodeau, though, is under contract with the Bulls for the next two years at nearly $9 million. Although it widely believed throughout the league that both sides are eager to part company after five successful but rocky years together, the Bulls and Thibodeau are still operating as though he is Chicago's coach. ESPN.com

Kupchak went on Fox Sports Radio with host Bill Reiter (audio here) and addressed the rumors: I saw something about that this morning, and my first thought was, ‘Let me call [Lakers coach] Byron [Scott] and let him know that the agents are doing their job, and pay no attention.’ Not that I think Byron reads any of that stuff, but someone may call him and say ‘Hey, guess what I just read?’ Nothing to it. We’re incredibly happy with Byron. That’s what representatives and agents do. They try to create a marketplace for their guy, and I’m not saying that’s exactly what happened here, but we’re very, very happy with Byron, and after I hang up with you I’m going to call him or text him. NBCSports.com

It's been five days since the Bulls were eliminated from the playoffs, and there has been no movement in their head coaching standoff with Tom Thibodeau. The Chicago front office has yet to formally contact its top target, Iowa State coach Fred Hoiberg, and no NBA team has requested permission to speak with Thibodeau, a league source told CBSSports.com Wednesday. As we've discussed, this isn't going to be quick or easy. CBSSports.com

Finding Thibodeau a job falls under the purview of his representatives at Creative Artists Agency, but the Bulls also have a vested interest. As time goes by and openings in New Orleans and Orlando get filled (Denver, sources say, is not an option for Thibodeau), the Bulls get closer to choosing between two unappealing options: 1) Keeping Thibodeau, who has two years and about $9 million left on his contract; or 2) Firing him and paying two coaches. Sure, the tidiness of a deal including draft-pick compensation would be nice, but the Bulls have more tangible motivation for finding a mutually beneficial resolution. Most head coaching contracts, including those negotiated for past Bulls head coaches, have an offset clause usually amounting to a dollar-for-dollar discount on the money owed based on the coach's salary with his new team. So if Thibodeau were able to get a job at his current salary or more, the Bulls wouldn't owe him anything. Not even a going-away party. CBSSports.com

May 20, 2015 Updates

It's been five days since the Bulls were eliminated from the playoffs, and there has been no movement in their head coaching standoff with Tom Thibodeau. The Chicago front office has yet to formally contact its top target, Iowa State coach Fred Hoiberg, and no NBA team has requested permission to speak with Thibodeau, a league source told CBSSports.com Wednesday. CBSSports.com

Finding Thibodeau a job falls under the purview of his representatives at Creative Artists Agency, but the Bulls also have a vested interest. As time goes by and openings in New Orleans and Orlando get filled (Denver, sources say, is not an option for Thibodeau), the Bulls get closer to choosing between two unappealing options: 1) Keeping Thibodeau, who has two years and about $9 million left on his contract; or 2) Firing him and paying two coaches. CBSSports.com

May 19, 2015 Updates
May 18, 2015 Updates

New Orleans has an interest in Chicago Bulls coach Tom Thibodeau, but that intrigue belongs more with Loomis than Demps, league sources told Yahoo Sports. Thibodeau is waiting for the Bulls to initiate conversations about his future with the franchise, sources said. He has two years left on his contract. Loomis is an executive with the New Orleans Saints, and Thibodeau's tough-minded approach has an especially strong appeal to that part of the organization. Nevertheless, it is believed Demps is less inclined to want a strong-willed coach in the job, especially after so many internal battles with Williams. Demps was the driving force in pushing out Williams as coach, sources said. Yahoo! Sports

Any rumor missing? E-mail us at   hoopshype@hoopshype.com.