Taj Gibson signs 4-year extension with Bulls, worth up to $38 million

It came down to the last second, but Taj Gibson and the Bulls agreed to a 4-year extension worth up to $38 million.

Even though Gibson said before last night season's opener that he doubted he would sign an extension before the deadline, apparently his agent convinced him that it was the right move to make.

The Chicago Tribune's KC Johnson reported Taj as saying:

Gibson said Bartelstein told him he likely could earn more as a restricted free agent next summer "but you could end up playing in some hellhole."

The deal is reportedly worth $32 million guaranteed, with another $6 million in incentives.

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    Don Ellis started covering sports professionally when he was 15. He attended Ball State University, and some of his past credits include InsideHoops (NBA Runaround, The NBA According to Ellis) and ESPN Florida (The Florida Sports Reporters, SportsCenter anchor) . In addition to running Bullsville.net and ChicagoSportsWriters.com, and writing for ChicagoNow and SportsBlog.com, he is also a KHSAA and semi-pro baseball umpire. He's a 3rd-generation Cubs fan, a Bulls fan since the days of Van Lier and Sloan, and a life-long New England Patriots fan. Follow Don on Twitter @Bullsville.

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