Sources: Williams to become Hornets coach

After pulling an offer to Tom Thibodeau, the New Orleans Hornets and Portland Trail Blazers assistant Monty Williams have agreed to the framework of a three-year contract for him to become the team’s head coach, a source briefed on the talks told Yahoo! Sports.

Hornets GM Jeff Bower abandoned his courtship of Thibodeau, a Boston Celtics assistant, on Friday afternoon, and entered into discussions with Williams to take the job. The source says the three years of the contract are guaranteed and the team will hold a fourth-year option.

Hornets star Chris Paul was a strong advocate for Williams’ hire, and sources say he was hoping Bower would turn to the Blazers’ respected assistant.

Thibodeau was the Hornets’ top candidate for the job, but had always preferred to fill the Chicago Bulls’ vacancy. He met with Bulls officials in Los Angeles on Wednesday night, and is now waiting on an offer from the team. The New Jersey Nets also have spoken with Thibodeau, but aren’t expected to hire a coach until after the NBA Finals.

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Updated Friday, Jun 4, 2010