The AP reports:

Apr. 22, 2010 - Chicago, ILLINOIS, UNITED STATES - epa02128452 Chicago Bulls center Joakim Noah celebrates during the third quarter of game three of their National Basketball Association Eastern Conference first round playoffs as the Bulls lead the Cleveland Cavaliers at the United Center in Chicago, Illinois, USA, 22 April 2010. The Bulls defeated the Cavaliers 108-106 to bring the best of seven game series to two wins for the Cavaliers to one win for the Bulls.

Center Joakim Noah and the Chicago Bulls agreed Sunday on a five-year contract extension, a person familiar with the negotiations told The Associated Press.

The person spoke on the condition of anonymity because the deal has not been finalized.

The news about Noah comes on a day when the Bulls learned that Carlos Boozer, their top acquisition this summer, broke a bone in his right hand in a fall at home and could be out about two months.

The Chicago Tribune reported the deal is worth about $11 million annually with incentives that could take it higher.

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