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Sources: Billy Donovan reaches agreement to be next Bulls coach

Billy Donovan has agreed to a deal to become the next coach of the Chicago Bulls, sources tell ESPN.

Chicago Bulls executive VP of Basketball Operations Arturas Karnisovas aggressively pursued Donovan in the aftermath of Donovan's leaving the Oklahoma City Thunder after five seasons, sources said, selling Donovan on a partnership and vision for a talented young roster and chance to lead one of the league's anchor franchises.

Donovan's representative, Oliver Winterbone of Wasserman Media Group, finalized the deal with Chicago officials on Tuesday, sources said.

Karnisovas and GM Marc Eversley believed Donovan was the best coach available in the marketplace, and his track record in Oklahoma City --- including five straight trips to the playoffs in the Western Conference - fit for the Bulls.