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NBA roundup: Nets choose Hollins as coach

The SportsXchange

The Brooklyn Nets on Wednesday agreed in principle to a deal making Lionel Hollins their next head coach after the departure of Jason Kidd.

Hollins' deal could be worth as much as four years and $20 million if the team picks up his fourth-year option, ESPN.com reported.

The deal comes just two days after the Nets made a trade with Milwaukee to allow Kidd out of his contract so the Bucks could hire him.

Hollins led the Memphis Grizzlies to three consecutive playoff appearances in his last three seasons with the team. In 2012-13, his last year at the helm, the Grizzlies won 56 games and advanced to the Western Conference finals.

---If Milwaukee Bucks general manager John Hammond was concerned about his future after new owners Wes Edens and Marc Lasry sought and hired Jason Kidd as the team's new head coach, he wasn't showing it when Kidd was introduced at the BMO Harris Bradley Center.

"These are great days for us," Hammond said. "We're thrilled with the opportunities that we have."

Kidd formally joined the organization after a weekend filled with rumor and speculation. Edens and Lasry, who bought the team at the end of last season, admitted that mistakes were made along the way, beginning with the decision to exclude Hammond from the process.

Now Hammond, under contract through 2015-16, is set to work with Kidd, who was 44-38 in one season as Nets coach and inherits a team that went a league-worst 15-67 last year.

---The Indiana Pacers offered a five-year, $44 million contract to free agent shooting guard Lance Stephenson, but he wants more, ESPN.com reported Wednesday.

ESPN sources said the two sides are currently at an impasse over a new deal. Several clubs have reached out to Stephenson's agent, Alberto Ebanks, to register their interest, most notably the Los Angeles Lakers and Chicago Bulls, according to ESPN. Michael Jordan and the Charlotte Hornets reportedly have interest in Stephenson.

Stephenson averaged 13.8 points, 7.2 rebounds and 4.6 assists last season -- all career highs for the four-year player.

---The Orlando Magic signed two first-round rookies, forward Aaron Gordon and guard Elfrid Payton, the team announced Wednesday.

Gordon was selected by Orlando in the first round (fourth overall) of the 2014 draft. Payton was taken by Philadelphia in the first round (10th overall) of this year's draft. He was then acquired by Orlando in exchange for the draft rights to Dario Saric, a future first-round draft pick and a future second-round draft pick.

The Magic also waived guard Ronnie Price. He played in 31 games (two starts) last season with the Magic, averaging 2.4 points, 2.1 assists and 1.4 rebounds per game.

---Free agent point guard Patty Mills will have right shoulder surgery for a rotator-cuff injury that bothered him during the season as the San Antonio Spurs won their fifth NBA championship and he will be sidelined up to seven months, according to reports.

ESPN.com reported that Mills, the backup to Tony Parker, will receive a firm diagnosis after the surgery.

Mills scored 17 points in the Spurs' clinching Game 5 of the NBA Finals over the Miami Heat. Mills, a second-round draft pick by Portland in 2009, averaged 10.2 points in 18.9 minutes per game in his fourth full season.

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