Jason Kidd is on the verge of being named the Brooklyn Nets' new head coach just weeks after announcing his retirement from the NBA, according to Adrian Wojnarowski of Yahoo! Sports.
A formal announcement is expected soon and an introductory press conference could happen by the end of the week. A league source told Yahoo! that Kidd's contract will be for three years with a team option for a fourth.
Kidd is set to replace P.J. Carlesimo, who brought Brooklyn to the NBA Playoffs as the interim head coach. Kidd himself just made a playoff appearance as a player with the crosstown New York Knicks, but ended his playing career with a disastrous cold streak that contributed to the Knicks' second-round loss to the Indiana Pacers.
Despite having no coaching experience -- as a head coach or otherwise -- Kidd is familiar with the Nets' organization. He played for them in New Jersey from 2001-08 and was a star player on their 2002 and 2003 Eastern Conference Championship teams.
Pacers associate head coach Brian Shaw interviewed with Brooklyn on Wednesday, though it looks like he fell short of securing the job. Kidd is reportedly targeting Lawrence Frank and Tim Grgurich to join his staff. Frank coached Kidd and the Nets from 2003-10 and Grgurich has bounced around the league as an assistant.