NEW YORK — The Nets reached an agreement in principle Wednesday with Lionel Hollins to become their coach, moving quickly after the departure of Jason Kidd.
The deal with the former Grizzlies coach comes two days after the Nets made a trade with the Bucks to allow Kidd out of his contract so that Milwaukee could hire him.
Nets general manager Billy King and his assistants then met with Hollins on Monday night and again Tuesday before agreeing to the deal. Terms were not disclosed.
"I want to thank the Nets ownership and Billy for this opportunity," Hollins, 60, said in a statement. "It has been a long process to get back into the league, and I believe that Billy and I will have a very successful working relationship. Brooklyn has firmly established itself as a franchise that is committed to winning, and I eagerly look forward to becoming part of that culture and building on the success of the past two playoff appearances."
The Nets plan to introduce Hollins at a news conference Monday.
Hollins led Memphis to 56 victories and the 2013 Western Conference final before he and the Grizzlies parted ways. The Nets considered him last year after firing P.J. Carlesimo before hiring Kidd.
He was the only known candidate the Nets interviewed this time. King said he had reached out to one other person who chose not to pursue the job.
Bucks contrite over Kidd
MILWAUKEE — New owners Marc Lasry and Wes Edens admit they may have made some errors in luring Kidd to Milwaukee.
That doesn't mean they aren't happy to have him as coach.
"Our one goal is to hire people to run it, that know what they're doing," Edens said. "Jason is someone I've admired as a player. He did a great job managing the Nets this year and we think he's the best young coaching talent in basketball."
Kidd, who was formally introduced at the BMO Harris Bradley Center, said there were no hard feelings over his abrupt and surprising departure from Brooklyn, where he won 44 games and reached the second round of the playoffs in his first season as a coach.
Kidd dismissed the suggestion that he left after being turned down in seeking control of the Nets' basketball operations department. And he said he had no plans to seek a similar role in Milwaukee, where general manager John Hammond is under contract through the 2015-16 season.
"They are not true," Kidd said. "It's not about power. You guys ran with that. It's not about power. As I was introduced, I'm the coach."
MELO VISITS ROCKETS: Prized free agent Carmelo Anthony visited Houston and was greeted with images of him in two different uniforms of the franchise. A video board outside the Toyota Center depicted one image of Anthony in the Rockets' white uniform with red lettering and another in a retro red and yellow uniform. Between the pictures was Anthony's logo with the word 'Melo' in it.
CAVS: The team scheduled a meeting with restricted free agent Gordon Hayward and may be prepared to offer the Jazz small forward a deal worth around $15 million per season, espn.com reported.
CELTICS: Free-agent point guard Avery Bradley agreed to a $32 million, four-year deal to remain with the team.
MAGIC: The team announced that fourth overall pick Aaron Gordon and 10th overall pick Elfrid Payton signed rookie contracts.
PACERS: Guard C.J. Miles agreed to a four-year deal worth about $18 million. The deal came just as the team apparently hit an impasse in talks with swingman Lance Stephenson, who reportedly balked at a five-year, $44 million offer.
SPURS: Point guard Patty Mills will be sidelined for up to seven months with a right shoulder injury, Australian media reported.