Milwaukee Bucks coach Jason Kidd is finalizing a three-year, $15 million-plus contract extension with the franchise, league sources told The Vertical.
Kidd has one year left on his original deal and the extension will take him through 2020.
Despite a step back in the 2015-16 season with a 33-49 record, Kidd’s rookie season with Milwaukee – which included a surprising 41-41 record and berth in the Eastern Conference playoffs – earned him the confidence of ownership.
Kidd has gone to the playoffs twice in his three years as a head coach, including a season with the Brooklyn Nets in 2013-14. The Nets beat the Toronto Raptors in the opening round of that Eastern Conference playoff series, before losing to Miami.
Kidd has had designs on a management role, but appears to have an understanding with ownership that his future with the franchise will be as coach – not general manager. John Hammond is the Bucks GM, and the organization hired Utah Jazz executive Justin Zanik with an assistant GM title – and an understanding that Zanik will eventually replace Hammond as the top basketball executive. There's no timetable set on the transition.
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