Sources: Wolves talking deal with Thibodeau

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1:30 PM ET

The Minnesota Timberwolves and former Chicago Bulls coach Tom Thibodeau are closing in on a five-year contract in the $10 million range for him to become their new coach and president of basketball operations, sources tell ESPN’s Marc Stein.

As part of the reorganization, San Antonio Spurs general manager Scott Layden would become the Timberwolves GM, Yahoo! Sports is reporting.

Former Knicks and current ESPN analyst Jeff Van Gundy and former Warriors coach Mark Jackson have also …

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