Bulls give coach Thibodeau four-year extension

Coach of the Year runner-up Tom Thibodeau will be with the Bulls for four more years. (Getty Images)

CHICAGO -- The Chicago Bulls have given coach Tom Thibodeau a four-year contract extension through the 2016-17 season.

General manager Gar Forman announced the move Monday. The Bulls had exercised the team's option for next season this past spring. The new deal takes effect after this season.

Thibodeau was the NBA's Coach of the Year for the 2010-11 season and the runner-up last season.

The Bulls headed into the season with star point guard Derrick Rose out until at least January as he recovers from left knee surgery.