The Chicago Bulls have been hoping to get some type of compensation for embattled head coach Tom Thibodeau, but the Bulls are now giving more consideration to just firing Thibodeau outright, according to ESPN’s Marc Stein.
The compensation Chicago is looking for doesn’t appear to be coming from either the New Orleans Pelicans or Orlando Magic, and the Denver Nuggets aren’t really in the mix for Thibodeau.
Stein says some people around the league believe the Bulls are waiting for those current job openings to be filled before firing Thibodeau, but that doesn’t make much sense considering Chicago wouldn’t have to pay Thibodeau if he immediately got another head coaching job. Thibs currently has two years and $9 million left on his deal, but his contract has offset language in it that would let the Bulls off the hook for that money if he got another job.
Chicago’s first choice to replace Thibodeau is Iowa State head coach Fred Hoiberg, although Stein says it remains unclear if the team has a commitment from Hoiberg. CBS Sports’ Gary Parrish said last week Hoiberg would likely accept the job assuming the Bulls make an offer, but there are no certainties at this time.