Sportsline is reporting that ex-football coaching great Joe Gibbs is going to return to the Washington Redskins. Apparently they have already signed a deal as of late last night.

High-level Redskins sources told SportsLine.com that Washington Redskins great Joe Gibbs has accepted a deal to become the Redskins new head coach. Terms of the deal were not immediately available, but the sources said he accepted late Tuesday.

Gibbs owns a small percentage of the Atlanta Falcons and would have to surrender his shares with the team, but he has already discussed the solution with Falcons owner Arthur Blank.

In addition to his acceptance of a deal, Redskins sources also told SportsLine.com that Gibbs has already met with and signed former Bills head coach Gregg Williams to become his new defensive coordinator. Williams was the hottest defensive coordinator on the open market and was previously set to fly to New York on Friday to interview with Tom Coughlin.

Hopefully this isn't just another "anonymous sources" media puff piece and will turn out to be true. Even then, I have to ask, does Gibbs still have the old magic after all these years?