Report: Tom Thibodeau agrees five-year Minnesota Timberwolves deal

Head coach Tom Thibodeau of the Chicago Bulls gives encouragement to his team against the Denver Nuggets during a preseason game at the United Center on October 25, 2013
© Getty Images
Former Chicago Bulls coach Tom Thibodeau is reportedly on the verge of agreeing a five-year deal to become president and head coach of the Minnesota Timberwolves.

Former Chicago Bulls coach Tom Thibodeau has reportedly agreed to become president and head coach of the Minnesota Timberwolves.

The 58-year-old has had a year off since being fired by the Bulls at the end of last season but looks set to return with the Wolves in 2016-17.

According to The Vertical, Thibodeau is finalising a five-year contract with Minnesota and will be joined there by Scott Layden, current assistant general manager of the San Antonio Spurs, as general manager.

The Timberwolves have been without a head coach since relieving Sam Mitchell of his duties last week.

Mitchell had been in charge since the death of Flip Saunders last October.

Washington Wizards head coach Flip Saunders looks on from the sideline during a game against the Minnesota Timberwolves at the Verizon Center on March 5, 2011
Read Next:
Timberwolves' Flip Saunders passes away
>