[vincesanity82]

A federal grand jury investigating Barry Bonds has been extended for another six months, and the U.S. Attorney's office is confident it will have enough evidence to secure an indictment of the San Francisco Giants slugger this fall, the New York Daily News reported, citing anonymous sources familiar with the government's case.
Bonds is on the verge of tying and breaking Henry Aaron's career home run record of 755 home runs. He stood at 753, needing two homers to tie the record and three to break it as of early Saturday. The grand jury sitting in San Francisco has been investigating Bonds for perjury, and the newspaper reported it has been told it will not convene again until September.
"[The prosecutors] seem to feel they have a strong case," one source told the Daily News on condition of anonymity.
Another source told the newspaper that he believed prosecutors could bring an indictment now, but would rather take the extra time to strengthen their case against Bonds.
The grand jury is investigating whether Bonds committed perjury when he testified that he believed a clear substance and a cream, given to him by personal trainer Greg Anderson, were flaxseed oil and arthritis balm.
Anderson spent three months in prison after pleading guilty to money laundering and steroids distribution in connection with the BALCO investigation. Anderson was ordered back to prison in August until he agrees to testify in the perjury probe.

ESPN - Report: Bonds grand jury will sit six more months - MLB

[EmpireWF]

Here's the original NY Daily News article...

It says Bonds is being investigated for perjury as well as not declaring income for tax purposes.

Also, if he's indicted, Selig will suspend him and a political tussle will go on between him and the Players Union.