The Chicago Bulls will reportedly announce Fred Hoiberg as their new head coach as early as Monday, and he could be officially introduced on Tuesday.
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The Bulls fired Tom Thibodeau last week after a troubled partnership over the last five years, with his issues with the front office combining with their failure on the court this season to ensure he was sent packing.
Chicago were heavily criticised for not being able to overcome the Cleveland Cavaliers in the Eastern Conference semi-finals this season, particularly given that their rivals were hit by injuries to key players.
While Thibodeau prided himself on his defensive identity, the Bulls were not efficient enough on the offensive end and ultimately they were made to pay the price in the playoffs.
With their former coach now out of the picture even though he is still owed $9m from his contract, Hoiberg has long been considered the favourite to be appointed his successor.
Now it appears as though it is merely a matter of time before the decision is finalised and the appointment is made official.
Fred Hoiberg will be in Chicago today to finalize a deal to coach the Bulls, a source told @CBSSports. Press conference likely tomorrow.
— Gary Parrish (@GaryParrishCBS) June 1, 2015
Speculation has suggested that they have already agreed on the general terms, with the Iowa State coach set to be handed a five-year deal.
It is hoped by Bulls fans that he will be the answer to their troubles and will get them over the line moving forward, and he will potentially benefit from a healthy roster next season given that point guard Derrick Rose was a huge factor this past year.