Chicago Bulls coach Billy Donovan has signed a multiyear contract extension with the franchise, sources told ESPN on Sunday.
The team announced that an extension had been reached, but it did not reveal the length or financial terms of the contract.
The Bulls and Donovan started negotiations at the end of last season and continued conversations through this week amid offseason planning, a brief pursuit of Donovan by the New York Knicks, and the draft, free agency and summer league, sources told ESPN.
Despite the Bulls' struggles under Donovan, the organization values his strong leadership across every level of the franchise.