Chicago Bulls Move Practice Facility Downtown, Talk Of Building Entertainment Complex

DEERFIELD, IL - JUNE 23: Tom Thibodeau, the new head coach of the Chicago Bulls, poses for photographers on a Bulls logo following a press conference at the Berto Center practice facility on June 23, 2010 in Deerfield, Illinois. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and/or using this Photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Jonathan Daniel/Getty Images)

After months of speculation, the Bulls have decided to build a downtown practice facility.

The Chicago Bulls announced on Wednesday that they will indeed move their practice facility from suburban Deerfield to downtown Chicago. In a press release, the team said that the facility will be privately funded, and that the new facility will likely include features that would allow the team to "expand its use of the building, particularly during non-practice times." According to the team, those features my include an event or educational space, as well as more expansive video capabilities.

According to the Chicago Tribune's K.C. Johnson, the team is also considering folding the practice space into a larger entertainment complex on the East end of the United Center that could be modled after the "L.A. Live" extension of the Staples Center that has revitalized downtown Los Angeles.

The Bulls said that there is no timetable for the completion of practice center.

For more on this story, stick with SB Nation Chicago. For more on the Bulls, head over to Blog a Bull and for more news and notes around the league check out SB Nation's NBA news hub.

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