DEERFIELD, IL - JUNE 23: Tom Thibodeau, the new head coach of the Chicago Bulls, poses in front of the Bulls Championship trophies following a press conference at the Berto Center practice facility on June 23, 2010 in Deerfield, Illinois. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and/or using this Photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Jonathan Daniel/Getty Images)

Tom Thibodeau Introduced As Bulls' Newest Head Coach

Days after saying no to the Hornets, Tom Thibodeau, the man behind the Celtics' defensive prowess for the past three seasons, has agreed to become the Bulls' newest head coach, and was officially introduced on Wednesday.

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Bulls Introduce Tom Thibodeau As Head Coach

The Chicago Bulls officially introduced Tom Thibodeau as their new head coach on Wednesday.

"I am very excited to be here and to join the Bulls organization. Chicago is a great city with great fans and a storied history," said Thibodeau. "I would like to thank Jerry Reinsdorf and Gar Forman for presenting me with such a terrific opportunity. We have a talented team with a good nucleus of players, and I am eager to get started."

While reports have the deal set set at around $6 million over two years with a team option, the Bulls did not reveal the details of the contract per team policy.

With the announcement, Thibodeau’s successful term as Associate Head Coach of the Celtics comes to an end after two trips to the Finals, including the Championship 2008 campaign.

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Bulls Set To Introduce Tom Thibodeau As New Head Coach On Wednesday

What promises to be a tumultuous offseason for the Celtics will officially begin Wednesday. It's then that Boston assistant Tom Thibodeau will be introduced as the new head coach of the Chicago Bulls.

The Bulls have scheduled a press conference for 11 a.m. Wednesday, making official what has been known for weeks. Thibodeau agreed to a three-year deal earlier this month, but the Bulls and the NBA agreed to wait until after the NBA Finals were over to make the hiring official.

According to many reports, the deal is worth $6.5 million, with two years guaranteed.

The press conference is schedule for Wednesday, at 12:00 P.M. ET.

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Tom Thibodeau Reportedly Accepts Offer To Become Bulls' Head Coach

Tom Thibodeau said no thanks to the Hornets on Thursday, and now we know why: the defensive guru has accepted to job to become the new head coach of the Bulls, according to the Chicago Tribune.

While no official announcement can be made until the NBA Finals, the Tribune's report cites "sources" saying Thibodeau will indeed become the franchise's 18th head coach, agreeing to three-year offer. Although New Orleans showed genuine interest, it was believed that Chicago was his number one choice all along. 

Sam Smith, who is employed by the Bulls, recently posted at Chicago Bulls Blog a report with the same news:

But reliable sources close to Thibodeau confirmed that Thibodeau received the three-year offer worth some $6.5 million late Friday and agreed early Saturday.

Sources also said Thibodeau is trying to persuade Oklahoma City Thunder assistants Mo Cheeks and Ron Adams to join his staff in Chicago with holdover Pete Myers.

Thibodeau also is not expected to comment until the Finals conclude and under rules of the Celtics assistant coaches cannot do interviews with the media.

It didn't take long for Thibodeau to make his decision -- news of the Bulls making an official offer broke just hours earlier.

Early reaction is already in from CelticsBlog, and while they will be sad to some of his expertise leave the team, they're happy for him, because really, it was a long time coming.

Good for Tom.  I'm happy for him.  I'll miss him, but in truth he probably should have gotten a job years ago.  We've been lucky to have him this long.  Here's hoping he can finish off his tenure in Boston on a high note.

Chicago should be a good fit for him too.  He'll have an already talented squad with the potential to play good defense.  Deng can be a poor man's Pierce and Noah can be a very poor man's Garnett.  And of course Derrick Rose is going to be a rival of Rondo's for quite some time.  We'll see which free agent they can add too.  My initial guess is Joe Johnson, but we'll see.

Thibodeau has been an assistant in the NBA since 1989, coaching for the Timberwolves, Sonics (as an advance scout), Spurs, Sixers, Knicks and Rockets before joining Boston prior to the 2007-08 season. His specialty is defense -- Thibodeau-coached teams have finished in the top-10 defensively 15 times.

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Report: C's Assistant Tom Thibodeau Rejects Hornets, Wants Bulls Job

The New Orleans Hornets asked Tom Thibodeau to let them know by Thursday whether he would accept their head-coaching position. Now, Fred Kerber and Peter Vescey of the New York Post report Thibodeau has turned the Hornets down, and has his eyes on Chicago's coaching vacancy instead:

The Post has learned Thibodeau yesterday rejected a Hornets offer that has been on the table for almost a week.

Sources also said Thibodeau, credited as Boston's defensive mastermind, is almost guaranteed to wind up with the Bulls, whom he met with two summers ago but lost out to Vinny Del Negro.

It appears as though Thibodeau's time on Boston's bench will end as soon as the NBA Finals does.

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Tom Thibodeau Has Until Thursday To Accept Job As Head Coach Of The Hornets

Boston Celtics coach Tom Thibodeau has a lot on his plate right now, specifically the fact that he's currently trying to prepare the team for Thursday night's Game 1 of the NBA Finals against the Los Angeles Lakers.

In the back of his mind, however, he also has to worry about whether he should take an opportunity to further his career by accepting the New Orleans Hornets head coaching job.

Oh, and according to ESPN's Marc Stein, they want an answer by tomorrow.

The Hornets don't want to let their coaching search drag beyond this week and plan to offer the job instead to Portland Trail Blazers assistant Monty Williams if Thibodeau, Boston's defensive specialist, doesn't accept by Thursday, according to sources.

While Thibodeau is presumed to also be in talks with the Chicago Bulls and New Jersey Nets about their coaching vacancies, sources indicate New Orleans is the only team to have actually offered him a position as head coach.

CelticsBlog's Greg Payne believes that Thibodeau will remain true to the Celtics.

This could all just be bad timing for Thibodeau, but knowing him, his priorities will more than likely remain on how the Celtics will be defending the Lakers in the NBA Finals. If he does miss out on this job opportunity, hopefully another one, whether it be with Chicago, New Jersey, or another team, will open up for him.

Either way, hopefully Thibodeau isn't easily distracted.

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