A Chicago Bulls-affiliated NBA Development League team may be making Hoffman Estates' Sears Centre Arena its home court for its inaugural season about a year from now.
Hoffman Estates village board members will be discussing such a deal at a special finance committee meeting at 7 p.m. Monday, Nov. 2.
Though the initial agreement would be for five years, it also contains a provision for three renewals of the same length for a total of 20 years.
The Chicago Bulls released a statement on the new D-League team Friday afternoon.
"The Chicago Bulls are seeking to establish an expansion NBA Development League (NBADL) franchise that would begin play at the Sears Centre Arena in Hoffman Estates for the 2016-17 season," the statement reads. "The concept of operating a NBADL franchise in the Chicago area is very exciting and represents an investment by the Bulls in the growth of the game of basketball and our brand."
Earlier this week, the Charlotte Hornets became the 11th NBA team to fully own and operate its D-League affiliate, expanding the D-League to 20 teams overall.
The proposed Bulls-affiliated team is expected to play a total of 24 home games during seasons beginning in mid-November and stretching through early April each year.
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