Flynn served 24 days as Trump's national security adviser but resigned after it was discovered he had misrepresented his contacts with a Russian diplomat to Vice-President Mike Pence. If he is charged, the former National Security Adviser would be the first person who held an administration post to face prosecution.
FBI investigators are reported to have arranged interviews with multiple witnesses in the coming days with the aim of gathering further evidence against Mr Flynn. Investigators will also look at whether the elder Flynn tried to help form a plan to extradite an opponent of Turkish President Recep Erdogan who lives in the U.S.
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Mueller is increasing pressure on Flynn following his indictment of Manafort, the NBC report said.
Mueller is pressuring Flynn to cooperate with the investigation and is apparently using the former national security adviser's son as leverage. Sanders had also said President Donald Trump "has confidence they're going to close this up soon".
Flynn's son, Michael G. Flynn, who worked closely with his father, accompanied him during the campaign and briefly worked on the presidential transition, could be indicted separately or at the same time as his father, according to three sources familiar with the investigation.
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Mr Manafort and his business partner, Rick Gates, were charged with 12 offences, including money laundering and conspiracy against the US.
Another Trump campaign aide, George Papadopoulos, pleaded guilty to lying to FBI investigators. But cooperation from Flynn, who was national security adviser for only 24 days before he was sacked, could help his son avoid the worst penalties.
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The Rays won the American League pennant in 2008, and he was a part of the Cubs' curse-smashing World Series victory a year ago. The Chicago Cubs have another vacancy to fill, as one of Joe Maddon's top lieutenants has accepted another job.