The Milwaukee Bucks are offering a second-round pick to the Brooklyn Nets for their head coach, Jason Kidd.
In addition, The Milwaukee Journal Sentinel's Charles F. Gardner reports the Bucks are offering Kidd just a head coaching position and not a front-office one, citing a league source:
"A league source said the Milwaukee Bucks are offering Jason Kidd the opportunity to be the franchise's head coach but are not offering a front-office position.
"Kidd, who coached the Brooklyn Nets last season, interviewed with Bucks owner Marc Lasry and Wesley Edens on Friday, the source indicated. The Bucks had received permission from the Nets to talk to him, the source said.
"The stalemate over Kidd's arrival in Milwaukee apparently involves compensation the Nets want to release him from the three remaining years on his contract. The source indicated the Bucks are offering second-round picks while the Nets are requesting a future first-round pick.
"The source said the issue would be resolved one way or another in the next 24 hours.
"Bucks general manager John Hammond and assistant general manager David Morway are remaining in their positions, the source said, and no interviews have been conducted for their jobs.
"The source said the Bucks owners believe Kidd would be a strong candidate to help the rebuilding process with a young team."
ESPN New York's Andy Katz confirmed the development in his June 29 update:
"Jason Kidd will be the next head coach of the Milwaukee Bucks if the Brooklyn Nets agree to the Bucks' terms of a 2015 second-round draft pick in exchange for Kidd, a source with direct knowledge told ESPN on Sunday.
"The source said the Bucks offered a second-round pick, but the Nets wanted a 2015 first-round pick in exchange, a negotiating chip the Bucks originally dismissed.
"'If the Nets agree then there will be a deal, if they don't then (the Bucks) are comfortable moving on and there will be nothing futher to talk about,' said the source. 'The only thing (the Bucks) would give them is a second-round pick. They want a first. In the next 24 hours, there will either be a deal or there won't be a deal.'
"The source said the Bucks only talked to Kidd about being the coach, not any kind of administrative position running basketball operations. The source said the negotiation was supposed to be between the owners, not involving any basketball personnel, before the story was leaked out by The New York Post.
"But the source said the negotiations are now being handled by Bucks general manager John Hammond and Nets GM Billy King.
"The source said Hammond and high-ranking Bucks officials David Morway and Dave Babcock are all safe and that their jobs are not in jeopardy if Kidd is hired as coach. The source said current Bucks coach Larry Drew has not talked to ownership during this process.
"'If Jason accepts then they will work it out (with Drew),' said the source. 'If the deal doesn't happen, then there will be an issue with Larry.'
"A league source told ESPNNewYork.com Saturday that Lionel Hollins has already emerged as 'a very serious candidate' to become head coach of the Nets in the event Kidd does end up in Milwaukee.
"'In a lot of ways he makes the most sense,' a league source said of Hollins. 'He represents stability, and stability is very important right now. He rules with an iron fist and gets a lot out of his players, so he'd be very high on the list right now, and likely the leader.'
A league source also told The New York Daily News' Stefan Bondy that Kidd 'probably' won't return to coach the Nets. Kidd, who went 44-38 in his first full season as an NBA head coach, felt underpaid with Brooklyn. He received a four-year, $10.5 million deal as opposed to the five-year, $25 million new New York Knicks head coach Derek Fisher got:
"Either way, a source has said Kidd 'probably' has coached his last game with the Nets. If Kidd leaves for the Bucks, the Nets are in line to receive compensation. ESPN reported that the Nets and Bucks had already begun discussing that.
"'I don't see how he can come back,' a league source said.
"Kidd won 44 games in his first season as a coach, but the 41-year-old also felt underpaid on a four-year, $10.5 million contract. By comparison, Derek Fisher and Steve Kerr recently signed $25 million deals as rookie coaches of the Knicks and (Golden State) Warriors, respectively. Kidd earned $188 million as a player."
Kidd played in the NBA from 1994-2013 for the Dallas Mavericks, Phoenix Suns, the then-New Jersey Nets and the Knicks. He averaged 12.6 points, 6.3 points and 8.7 assists in 1,391 career games, per ESPN stats.