Former Golden State Warriors assistant coach Mike Malone has agreed in principle to take over the Sacramento Kings’ head coaching job on a four-year deal, according to Adrian Wojnarowski of Yahoo! Sports.
Golden State’s Mike Malone has reached an agreement in principle on a four-year deal to coach the Sacramento Kings, sources tell Y! Sports.
— Adrian Wojnarowski (@WojYahooNBA) May 31, 2013
Malone was bound to wind up in Sacramento. On May 23, Peter Vecsey (via CSN Bay Area) reported that he was a “lock” to become Sacramento’s head coach.
Vivek Ranadive, a minority owner of the Warriors, has connections within the Warriors’ organization, which increased the Kings’ odds of landing Malone, who was also pursued by the Los Angeles Clippers and Philadelphia 76ers.
Of course, Ranadive will have to drop his ownership role with the Warriors now that he’s with the Kings. Tim Kawakami of the San Jose Mercury News reported that Ranadive owned about 10 percent of the Warriors.
I’ve heard estimates that Joe Lacob owns about 50% of the Warriors, Peter Guber about 20%, and Ranadive around 10%. Others combined: 20%.
— Tim Kawakami (@timkawakami) May 30, 2013
According to Wojnarowski, Malone is expected to hire his father, Brendan Malone, to be one of his assistant coaches.