After the Bulls got off to a 3-0 start, it looked like this would be a team that might be able to give LeBron James and the defending champion Cleveland Cavaliers a run for their money in the Eastern Conference.

The Bulls proceeded to lose their next three, tempering those optimistic expectations. What those first six games proved is that they're an inconsistent bunch, and it's been a microcosm of their season past the halfway mark.

[SHOP: Gear up, Bulls fans!]

Entering Thursday, the Bulls were slotted in as the No. 8 seed in the East with a 21-22 record through 43 games.

Former Bulls forward/center Horace Grant, who was named a special advisor to president and chief operating officer Michael Reinsdorf last year, joined SportsTalk Live on Thursday to talk about the team's current state, and why Bulls fans shouldn't panic just yet.

Check out his comments in the video above.

See what else he had to say during his SportsTalk Live appearance and on In The Loop below: