Article updated: 10/31/2012 11:22 PM

Gibson, Bulls beat the clock

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The Bulls' Taj Gibson signed a four-year contract extension worth a reported $38 million with incentives.

Associated Press

The Bulls' Taj Gibson, here challenging a shot by the Kings' Tyreke Evans on Wednesday, signed a four-year contract extension worth a reported $38 million with incentives.

Associated Press

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While the Bulls battled the Kings, the deadline for Taj Gibson to sign a contract extension drew closer. It didn't seem likely the two sides would reach an agreement before 11 p.m., but then Gibson made a surprise announcement in the locker room.

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