MONDAY, 11:41am: The Warriors officially announced that they have hired Kerr as their head coach. Kerr becomes the 25th head coach in franchise history and the 20th since the team moved to the West Coast in 1962.
“We’re very pleased to introduce Steve Kerr as our new head coach,” said Warriors General Manager Bob Myers. “We are confident that he will be an extremely good fit for our team and our organization as we venture into the future. The fact that he played for several of the greatest coaches in the history of the game – including Phil Jackson and Gregg Popovich – will serve him well, as will the many nuances that he learned from performing on the brightest stage during his incredibly successful, championship-filled career.”
WEDNESDAY 7:18pm: Steve Kerr has accepted the Warriors head coaching position, reports David Aldridge of NBA.com (Twitter link). Ian Begley of ESPNNewYork.com (Twitter link) is reporting that the deal is for five years and $25MM. Kerr’s agent, Mike Tannenbaum, has confirmed the deal, reports Diamond Leung of Bay Area News Group (Twitter link). Kerr has no prior head coaching experience. He will be replacing Mark Jackson who was fired by the team after compiling a 121-109 record over three seasons with the Warriors.
The Warriors management group lost out on Stan Van Gundy when he accepted a $35MM deal yesterday to run the Pistons, and they subsequently flew to Oklahoma City on Tuesday to meet with Kerr, writes Adrian Wojnarowski of Yahoo! Sports. The Warriors left that meeting more convinced of Kerr’s readiness to coach the franchise, the article notes, and Kerr also had a chance to further familiarize himself with the entire Warriors front office.
Kerr was believed to have been the favorite for the Knicks head coaching position. It had been reported that the Warriors had moved on from him because he was believed to be too far along in his negotiations with team president Phil Jackson. It was also reported earlier today that the Knicks had added on a guaranteed fourth year to their offer for Kerr. Adam Zagoria of SNY.tv tweeted that Lute Olson, Kerr’s college coach, said, “I know he wanted to go with the Knicks. They must not have gotten the five-year deal worked out.”
It was noted previously that Kerr still owns a tiny fraction of the Suns, for whom he served as GM from 2007-10. Kerr would have to sell the shares, believed to be valued at less than 1% of the franchise, within a league-mandated time frame after accepting a coaching job with another franchise.