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Magic Willing to Pay Up for Tom Thibodeau, per Report

The Orlando Magic fired Jacque Vaughn in-season, and it appears the Magic want to hire a new long-term head coach rather than taking the interim tag off James Borrego. However, the Magic are in no rush to hire that new coach, because they’re waiting to see what happens with Chicago Bulls headmaster Tom Thibodeau.

Steve Kyler of Basketball Insiders says Orlando is willing not only to give the Bulls compensation for Thibodeau, who has two years left on his deal after this one, but also pay the Bulls coach around $7-8 million annually. The compensation, Kyler says, would likely be in the form of a second-round pick or two.

It’s no guarantee that Thibodeau will be out of a job this offseason, but many signs point to a parting of the ways with the Bulls, especially if they wind up losing their series to the Cleveland Cavaliers. It’s no secret that Thibodeau doesn’t have the best relationship with management, and it’s looking like that’ll lead to his exit.

If Thibodeau goes, the Magic won’t be the only team after the head coach. The New Orleans Pelicans and Denver Nuggets are also said to have a lot of interest.

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