When Mike James' 10-day contract with the Bulls expired in January, the veteran guard said he hoped to return and coach Tom Thibodeau said James always stayed ready.

Thursday will be that day. James will sign for the remainder of the season and be eligible for the playoffs, sources said.

That will bring the Bulls' roster to 14 players and provide insurance should Kirk Hinrich or D.J. Augustin suffer an injury or foul trouble.

"The thing about Mike is he always stays ready," Thibodeau said in January.