We'll have to wait until July for most of this summer's player movement, but a handful of coaches are already on the move. Here's the latest on a pair of head coaching searches and a Trail Blazers assistant heading south:

• A new candidate has emerged in the Pistons' head coaching search, according to Adrian Wojnarowski of Yahoo! Sports, who reports that Detroit is eyeing Spurs assistant Mike Budenholzer. Wojnarowski says Joe Dumars traveled to San Antonio and met for several hours with Gregg Popovich's top assistant earlier this week. The Pistons are also expected to line up a meeting with Rockets assistant Kelvin Sampson when possible, says the Yahoo! scribe.
• Despite their reported interest in Sampson, the Bucks haven't asked for permission to speak to him yet, tweets Gery Woelfel of the Racine Journal Times, noting that the Bucks are still free to talk to Sampson's agent.
• Sampson himself told reporters, including John Rohde of the Oklahoman, that he won't talk to any interested teams until the Rockets/Thunder series is over "one way or the other."
• The Bobcats have requested and received permission to interview Lakers assistant Steve Clifford, reports Rick Bonnell of the Charlotte Observer.
• Former Blazers interim head coach and current assistant Kaleb Canales is leaving Portland to take on a similar assistant role with the Mavericks, according to Jason Quick of the Oregonian (Twitter link). Canales will replace offensive coordinator Jim O'Brien, who is retiring from coaching, Rick Carlisle tells Earl K. Sneed of Mavs.com (Twitter link). As TNT's David Aldridge points out (via Twitter), this isn't the first time Carlisle attempted to get Canales to Dallas.

Earlier today, the Trail Blazers held a press conference to introduce newly-minted head coach Terry Stotts to the public.  The latest out of Portland..

• Stotts hasn't made a decision on if Kaleb Canales will be the lead assistant on his staff and a decision will be made once the entire staff is complete, tweets Chris Haynes of CSNNW.com.
• However, Canales always figured to be a part of the staff as Stotts told him prior to getting the job that he would love to have him on board, tweets Mike Tokito of The Oregonian.
• General Manager Neil Olshey said that hiring Canales as assistant was "absolutely not a prerequisite to [Stotts] being hired," according to Tokito (via Twitter).
• Stotts hasn't set a deadline for assembling his staff but contact with assistant coaching candidates has already begun, Ben Golliver of Blazer's Edge tweets.
• Stotts says he's waiting to get permission from some teams to speak with certain candidates, tweets Haynes.
• The new head coach says that his primary focus will be on developing the team's young players, according to the Associated Press.  At the presser, Olshey said he spoke with every GM and head coach that Stotts has worked for, and also talked to players including Dirk Nowitzki.

8:07pm: Neil Olshey announced that Kaleb Canales will remain on the team as an assistant coach, according to a tweet by Quick.  

6:01pm: Jason Quick of The Oregonian tweets that the Trail Blazers have hired Terry Stotts as their new head coach. Stotts had been an assistant on the Mavericks' coaching staff since 2008 after holding head coaching positions with the Bucks from 2005 to 2007 and the Hawks from 2002 to 2004. His best season to date occurred during 2005-06, when he led Milwaukee to 40 wins and the eighth seed in the Eastern Conference. Overall,  Stott's record as a head coach stands at 115 wins and 168 losses. 

Ben Golliver of BlazersEdge.com relayed an official statement released by GM Neil Olshey (Sulia link): 

“Terry is one of the elite offensive minds in the NBA, has extensive experience with multiple organizations and was instrumental in the Dallas Mavericks winning the 2011 NBA Championship...He understands the vision for the future of the franchise, appreciates the process involved and will create an environment on the court that will produce championship habits."

Golliver also noted a statement from Stotts (Sulia link): 

"I’m very pleased to be a part of a great franchise in a beautiful city with such a proud history. I look forward to working hard with Neil and our players toward the ultimate goal of bringing another championship to Portland.”

Chris Haynes of CSNNW.com reports that Kaleb Canales, the other finalist for the Portland's coaching search, will be retained by the franchise in some capacity (Twitter link). Canales had served as the team's interim head coach last season and was reportedly well-liked by members of the organization. 

2:50pm: According to Jason Quick of the Oregonian, Allen's interviews with Stotts and Canales in London have already been completed (Twitter link).

2:29pm: The final two candidates for the Trail Blazers head coach job, Mavericks assistant Terry Stotts and Blazers interim coach Kaleb Canales, are traveling to London this weekend to meet with team owner Paul Allen, says Chris Haynes of CSNNW.com. According to Haynes, the London meetings will represent the final phase of the interview process, with a decision on the new Portland coach expected shortly thereafter.

Stotts and Canales were joined by Suns assistant Elston Turner and Magic assistant Steve Clifford as finalists for the Blazers job, but Turner and Clifford were informed earlier this week that they were no longer in the running, says Haynes.

Canales' stint as Nate McMillan's replacement in 2011/12 was his first NBA head coaching gig. Stotts, meanwhile, coached the Hawks from 2002 to 2004, and the Bucks from '05 to '07.

AUGUST 1, 7:29pm: The field of finalists has been trimmed to two, with Steve Clifford and Elston Turner out of the running, Jason Quick of The Oregonian reports. That leaves Terry Stotts and Kaleb Canales as the two remaining candidates.

JULY 26, 12:25pm: The second round of interviews will include owner Paul Allen and will begin on Tuesday, according to Chris Haynes of CSNNW.com. Haynes also hasn't heard anything about a fifth candidate being in the mix.

JULY 25, 5:34pm: There could be a fifth "mystery" candidate involved, according to Jason Quick of The Oregonian. While his identity is unknown, the fifth candidate is not represented by Warren LeGarie, the agent for GM Neil Olshey, or Steve Kauffman, another prominent agent in coaching circles. If the Blazers go with the fifth candidate, it would be late in the process, Quick hears, so it appears he's regarded as a fallback option (All Twitter links).

3:14pm: The final four candidates for the Blazers' opening are Terry Stotts, Elston Turner, Steve Clifford, and Kaleb Canales, reports Jason Quick of the Oregonian (via Twitter). The team will conduct a second round of interviews next week with the remaining contenders, according to Quick (Twitter link).

3:11pm: Bulls assistant Adrian Griffin is also out of the running for the Portland job, having been informed by the team that he's no longer being considered, tweets Chris Haynes of CSNNW.com.

3:07pm: After an offseason in which he interviewed for a number of head coach positions, Brian Shaw will be returning to Indiana as an assistant. According to Jason Quick of the Oregonian (via Twitter), Shaw and Trail Blazers GM Neil Olshey spoke today and decided that the Portland coaching job wasn't a fit for the Pacers assistant, who also interviewed with the Magic and Bobcats.

Agent Jerome Stanley tells Quick that Shaw called Pacers coach Frank Vogel today to tell him he was eager to return and help Indiana pursue a title (Twitter link).

As for the Blazers, even with Shaw out of the running, there are still plenty of candidates for the club's head coach position. Quick confirms that the team has interviewed at least the following candidates so far: Warriors assistant Michael Malone, Mavericks assistant Terry Stotts; Grizzlies assistant David Joerger; former Magic assistant Steve Clifford, Suns assistant Elston Turner, Hawks assistant Lester Conner; Heat assistant David Fizdale, Bulls assistant Adrian Griffin, and former Knicks and Suns assistant Phil Weber.

Fizdale has withdrawn from consideration, while Clifford is nearing a deal to join the Bulls as an assistant, says Quick.

It was a busy day for the Blazers, who officially welcomed Nicolas Batum back after matching his offer sheet from the Timberwolves. They also were involved in a three-team trade, picking up Sasha Pavlovic, the cash to cover his salary, and two second-round picks in exchange for 2011 second-round pick Jon Diebler. There's also encouraging news from LaMarcus Aldridge, who says he's "98 percent" healed from hip surgery and expects to be playing five-on-five again in a week, tweets Joe Freeman of The Oregonian. There's plenty more going on in the Rose City, and we've got it here:

• Batum addressed some of the comments he and others made during his contentious restricted free agency. In a video on CSNNW.com and transcribed by Ray Richardson of the St. Paul Pioneer Press, Batum said it was true that he wanted to go to Minnesota, but never ruled the Blazers out. "Minnesota was a good situation for me, but I never said it was better than Portland," he said. "I told Portland, 'If you really want me, match. If you don't want me, I'll go.'"
• Aldridge told reporters, including Chris B. Haynes of CSNNW.com, that he was communicating with Roy Hibbert throughout the Blazers' courtship of the restricted free agent center who ultimately chose to re-sign with the Pacers (Twitter links). "I was disappointed," Aldridge said of Hibbert's decision. "I definitely felt like he would put us over that hump of being on the next level."
• Aldridge said he hasn't been paying attention to the team's head coaching search, but reiterated his endorsement of interim coach Kaleb Canales, as Freeman notes, via Twitter.

The next few weeks figure to be eventful for the Warriors, who have four picks in this year's draft and should be active in exploring deals. Rusty Simmons of the San Francisco Chronicle writes in his latest piece that Golden State may face some trade competition from the Raptors, who pick one spot after the Warriors in the draft and are seeking the same thing in a potential trade -- an athletic veteran small forward. Here are a few more notes from Simmons' article for the Chronicle....

• Josh Howard has shown some interest in joining the Warriors, according to Simmons. A small forward is at or near the top of the team's wish list this summer, but Howard doesn't necessarily represent an upgrade over current options like Richard Jefferson, Dorell Wright, and Brandon Rush.
• The Bulls aren't expected to pick up C.J. Watson's non-guaranteed contract, so Golden State could kick the tires if he becomes a free agent. The Warriors first gave Watson a shot in the NBA, and are in the market for a veteran backup at the point.
• According to Simmons' sources, the Trail Blazers are likely to give Kaleb Canales the full-time coaching job. That would mean another potential destination would be off the table for Warriors assistant Michael Malone. "We feel that we were lucky to have him as the lead assistant last year," Warriors GM Bob Myers said of Malone. "Our fingers are crossed that we can keep him, but we realize that he's revered in coaching circles and may have some opportunities. Until something comes to fruition, we won't act on speculation."

An unsettled situation in Portland appears to be gaining stability as the Trail Blazers named former Clippers general manager Neil Olshey to the same post in the City of Roses. The next major decision becomes finding a permanent head coach for a team that went 28-38 and finished eight games behind the Jazz for the final playoff spot in the Western Conference. John Canzano of the Oregonian has the latest news and headlines on the Trail Blazers after attending Tuesday's news conference introducing Olshey...

• Olshey and owner Paul Allen went out of their way to endorse interim head coach Kaleb Canales during Tuesday's press conference. Canzano points to Canales youth at 33 and lack of experience as two things going against the former Trail Blazers video intern but is viewed as a coach who would thrive if given an opportunity. Canales is well-liked by his players and seemingly will be given the Trail Blazers job on a full-time basis unless Allen and Olshey can find a clear upgrade.
• Canzano says Olshey did a fantastic job in his first public appearance as the general manager of the Trail Blazers with the media. Look for Olshey to put in the necessary work and do the due diligence to help turn around Allen's organization after a lackluster season. What will make a huge difference for Portland's front office is Olshey's ability to have a direct line of communication with Allen going forward.
• One of the most important decisions Olshey faces is determining what to do with the team's two lottery picks in the upcoming NBA draft. Armed with the sixth and 11th picks, the Trail Blazers must decide if they are in rebuilding mode (which former general manager Rich Cho suggested and got him him fired) or merely reloading. Canzano points to the Thunder and Spurs as two examples of how being patient and using the draft to rebuild can pay huge dividends for a franchise. 

Neil Olshey was introduced as the new Blazers GM today and spoke to the press for over 30 minutes (video via CSN Northwest).  Olshey will be very busy very quickly with the NBA Draft approaching, free agency looming in July and of course, the Blazers' coaching vacancy.  Last week the Clippers announced that they had agreed to retain Olshey as their general manager but after Portland kept pushing, the two sides parted ways and Olshey agreed to terms with the Blazers.

The most surprising part of Olshey's press conference was that he essentially endorsed interim head coach Kaleb Canales, according to Chris Haynes of CSN Northwest.  Haynes notes that Olshey and Canales share the same agent - Warren LeGarie.  Canales said that he doesn't think it is crucial to hire a coach before the draft, which is what he will currently concentrating on.  But he gushed over Canales to the point that it seems like he will be the guy in Portland:

"If you're asking me to handicap it, I'll say he's the in-hour favorite right now.  But at the end of the day, I don't see anyone bringing more to the table than Kaleb Canales.  But we're going to follow a process to see how it works out," Olshey said. 

As for the actual roster, Olshey says he wants to build up the Blazers to compete over a long time period with LaMarcus Aldridge and Nicolas Batum as the cornerstones.  Olshey compared the duo to Blake Griffin and Chris Paul in Los Angeles and expressed confidence that the team is not far from being a contender:

"I don't think rebuild is the wrong word. I think re-tool. I think the organization is in a great position.  I think we can accelerate our curve back to where we want to go. We're not looking for quick fixes. We're not looking for aging veterans that can slide us into the eighth spot."

His stance on aging veterans would probably make Steve Nash an unlikely sign for Portland, which is a popular rumor of late.  John Canzano of the Oregonian also offers his take on the new general manager, saying he came away impressed but thinks they could aim higher in terms of a coach.

The Trail Blazers' search for a general manager became more difficult this week as we reported on Friday that Clippers GM Neil Olshey was being retained by Los Angeles. With the draft drawing closer and the team still without a permanent head coach, the Trail Blazers are expected to make a decision on both positions in the coming weeks. CSNNW.com's Chris Haynes has the latest news and rumors from Portland that sheds light on the future of the front office and sideline...

• The Trail Blazers' three finalists for general manager technically include Pacers assistant general manager David Morway, Sixers assistant general manager Tony DiLeo and former Hornets GM Jeff Bower, but don't be surprised if someone else ends up manning Portland's front office. Bower is considered the front-runner given his experience running a team, but team owner Paul Allen is unlikely to hire him given his preference to employ general managers in top physical shape, which Bower is not. Haynes expects acting general manager Chad Buchanan to re-enter the mix of candidates and ultimately end up with the job on a permanent basis.
• Look for the Trail Blazers to keep both of their lottery selections as they are currently slotted to pick sixth and 11th come June. The team is looking to get younger and may be able to add two long-term contributors to their roster by keeping their picks instead of making a trade.
• While Brian Shaw and Michael Malone have expressed interest in the Trail Blazers' head coaching job, it may make most sense for Portland to simply retain interim head coach Kaleb Canales. The Trail Blazers aren't expected to compete for a championship any time soon as the team is expected to feature a much younger roster heading into next season. Haynes suggests keeping Canales, 34, to foster the development of an inexperienced team may be the best answer for the Trail Blazers in their search for a head coach.