Report: Bulls close to extending Jim Boylen

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Jim Boylen might be staying with the Chicago Bulls.

According to a report from the Chicago Sun-Times, Fred Hoiberg’s replacement could be in for as much as a three-year extension in the near future. Although Boylen took over the Bulls under inauspicious circumstances — and started with a rocky first few weeks — things have settled and the front office in Chicago appears happy with his stewardship.

Via Chicago Sun-Times:

Asked about the future of coach Jim Boylen and a possible contract extension this offseason, Paxson responded, “It’s very possible. It’s very possible. In fact, I’ve spoken to both Jerry and Michael [Reinsdorf] about addressing that and I don’t know what the timing will be, but I envision Jim being our coach here and us committing to him, yes.’’

The Sun-Times has learned that it’s more than “very possible.’’

According to a source, the Bulls and Boylen have already been discussing a three-year contract extension to keep him in that head coaching chair, and now it’s just a matter of finishing up the details and deciding when to announce it.

Chicago has a young core that is that a crucial junction in its development. Whether Boylen is the right man for the job is up for debate, as is the ability of the Bulls front office to make the right decision.

We’ve already seen some serious head coach turbulence in the NBA this week, and keeping Boylen would be an interesting move for Chicago.