Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Jason Kidd Reaches Agreement to Become Coach of Milwaukee Bucks

Brooklyn Nets Coach Jason Kidd
Jason Kidd has coached the Brooklyn Nets for one season after a 19-year playing career. Photographer: Justin Edmonds/Getty Images

July 1 (Bloomberg) -- Jason Kidd reached agreement to become coach of the Milwaukee Bucks, a day after being let out of his contract by the Brooklyn Nets.

After one season as Brooklyn’s coach, Kidd asked Nets ownership to promote him above General Manager Billy King and give him control of the team’s basketball operations, the New York Post reported. The Nets declined, the newspaper said, and were then asked by the Bucks for permission to speak with Kidd.

“Jason is a determined leader, a tough-minded competitor and a great teammate,” Bucks owners Wesley Edens and Marc Lasry said in a statement.

The Nets will receive two future second-round draft picks as compensation for Kidd, who had three seasons left on a four-year, $10.5 million contract.

Lasry and Edens met with Kidd four days ago in New York, according to ESPN, to talk about Kidd becoming coach.

The Bucks fired Larry Drew as coach yesterday after going 15-67 in his only season in Milwaukee.

Kidd, 41, led the Nets to a 44-38 record in his coaching debut following a 19-year playing career in the National Basketball Association. Brooklyn lost to the Miami Heat in the second round of the playoffs.

To contact the reporter on this story: Erik Matuszewski in New York at matuszewski@bloomberg.net

To contact the editors responsible for this story: Michael Sillup at msillup@bloomberg.net Jay Beberman, Dex McLuskey

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.