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Sources close to situation in Chicago have expressed belief that the Chicago Bulls have been in contact with backup PF Taj Gibson to grant him a wealthy extension.

The soon-to-be 27-year-old will be highly sought after in free agency in the summer of 2013, given he explores that option. However, as we all know, the Bulls have a player-crush on Taj. Being a fan favorite, it's critical that the Bulls re-sign this guy next summer or extend his years now.

If the Bulls can convince Taj to stay with the team long-term this summer, Chicago will likely save about $2-3 million a season. And in Jerry Reinsdorf's world, especially with the new luxury tax rules, is a lot.

With the Bulls looking to keep Taj long-term, it's yet another sign that the team will not retain Omer Asik's rights from Houston and Omer will become a Rocket on a near-identical contract with Jeremy Lin. On top of the extension talks with Taj, the Bulls have also been sighted to be courting Darko Milicic and just signed Vladimir Radmanovic to a one-year deal pretty much stamps Omer's future. (That stamp reads: "Hey, I'm a Houston Rocket and I make way too much money!")

Bringing back Taj is a good thing nonetheless, let's hope this deal closes, sooner rather than later.

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