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Bulls hand keys to Arturas Karnisovas, as front office reboot begins

The first piece of the Bulls front office restructure is in place, with the organization finalizing a deal to make former Denver general manager Arturas Karnisovas the new head of basketball operations late Wednesday night and into early Thursday morning.

Karnisovas, who was the only candidate to get multiple interviews the past few days – including a final conversation with chairman Jerry Reinsdorf – will be replacing John Paxson.

A source said that Paxson will move into an advisory role, still being a sounding board for the Reinsdorfs – Jerry and Michael – but will only offer opinions in basketball matters if Karnisovas asks.