Report: Brooklyn Nets nearing Lionel Hollins deal

Head coach Lionel Hollins of the Memphis Grizzlies reacts in the first half while taking on the San Antonio Spurs during Game Four of the Western Conference Finals on May 27, 2013
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An NBA reporter suggests that talks are close to being concluded between Lionel Hollins and the Brooklyn Nets, regarding their vacant coach's position.

The Brooklyn Nets are close to agreeing a deal to make Lionel Hollins their new head coach.

Following the decision to trade Jason Kidd to the Milwaukee Bucks on Monday, the Nets have moved swiftly for Hollins, who instantly became a frontrunner once the job became available.

According to ESPN reporter Marc Stein, negotiations between the two parties are now close, and Hollins could be confirmed as the new coach before the weekend.

Stein tweeted: "Nets and Hollins are in the final stages of hammering out a multiyear deal that will pay former Grizz coach in excess of $4 million annually."

Hollins was fired as coach of the Memphis Grizzlies last month, despite the team finishing with their best ever record at the end of the regular season and losing in the Western Conference finals.

Head coach Lionel Hollins of the Memphis Grizzlies reacts in the first half while taking on the San Antonio Spurs during Game Four of the Western Conference Finals on May 27, 2013
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