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Report: Bulls likely to keep Jim Boylen as coach for financial reasons

Bulls coach Jim Boylen

BROOKLYN, NY - MARCH 8: Jim Boylen of the Chicago Bulls smiles during the game on March 8, 2020 at Barclays Center in Brooklyn, New York. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this Photograph, user is consenting to the terms and conditions of the Getty Images License Agreement. Mandatory Copyright Notice: Copyright 2020 NBAE (Photo by Nathaniel S. Butler/NBAE via Getty Images)

NBAE via Getty Images

The Bulls appeared ready to fire Jim Boylen. After all, Chicago just hired a new team president in Arturas Karnisovas who’d want to pick his own coach. That was unlikely to be Boylen, whose tenure had been defined by players disliking him, ill-timed timeouts and losing.

Joe Cowley of the Chicago Sun-Times:

But as the Sun-Times learned this week, even if Karnisovas didn’t like what he would have seen from Boylen he would likely be handcuffed from making a change.

According to several sources, there is strong growing momentum that financial concerns the Reinsdorfs have about the 2020-21 NBA season will keep Boylen in his current seat, as well as most of the coaching staff.


Bulls owner Jerry Reinsdorf has earned a reputation for his frugality. However, the economic downturn surrounding the coronavirus pandemic has caused many teams to tighten their belts. The financial consequences will likely continue into next season.

But this puts Chicago at a disadvantage.

Boylen has looked like one of the NBA’s worst coaches. Though Bulls ownership is more optimistic than most on Boylen and he could exceed expectations, it’s telling that Chicago probably wouldn’t have kept him based on merit. This is about saving money and hoping for the best.

That’s obviously great news for Boylen. He has improved significantly since taking over last season. More time on the job could allow him to grow into it. That said, improving from a near-mutiny in his early days doesn’t exactly mean he’s in an acceptable place now. Boylen still has a long way to go, and it could be more difficult if players are tired of him.