While the team learned that free agent power forward Carlos Boozer would be lost with a fractured right hand, league sources confirmed the Bulls have come to an agreement with Joakim Noah on a contract extension.
Sources said the deal is for five years and is worth about $60 million. It would go into effect after this season.
An announcement is expected this week.
Noah would be just the second player from the rookie Class of 2007 along with Kevin Durant to agree to an extension.