(NEW YORK) — Since Tom Thibodeau took over as head coach for the Chicago Bulls they’ve been one of the strongest teams in the Eastern Conference. As a result, the team has announced they have rewarded Thibodeau with a four-year contract extension.
ESPNChicago.com is reporting that Thibodeau’s contract is worth a total of about $18 million, and will keep Thibodeau on the Bulls bench until the 2016-2017 season.
Since Thibodeau joined the Bulls two seasons ago, he’s gone 112-36, good for a .757 winning percentage. The Bulls have held the top spot in the Eastern Conference in each of Thibodeau’s two seasons as head coach.
The team will try to make it back to the postseason this season depite point guard Derrick Rose missing the start of the season as he recovers from a torn ACL.
Copyright 2012 ABC News Radio
Eliott C. McLaughlin, CNN Newswire
Jill Martin, CNN