The Bucks and Brooklyn Nets have agreed to a deal allowing Jason Kidd to become Milwaukee's coach, a person with knowledge of the details said Monday.
The Nets will receive a second-round draft pick in 2015 that was formerly their own, and another in 2019 belonging to either Milwaukee or Sacramento.
Kidd went 44-38 in his only season as Nets coach, but then sought control of the basketball operations department and was denied. The Nets gave him permission to talk to other teams about a job.
Milwaukee still has coach Larry Drew under contract.
It was a stunningly quick ending to what had been Kidd's celebrated return to the franchise he twice led to the NBA Finals as a player. The Nets hired him last June as coach just weeks after he retired as a player and retired his No. 5 before a preseason game in October. Also, he bought a small portion of the team.
There was no indication Thursday he wouldn't be back when he appeared at a press conference where the Nets announced plans for their new practice facility.
Milwaukee had the NBA's worst record last season at 15-67, but there had been nothing to believe Drew wouldn't return. However, the Bucks have new co-owners in Marc Lasry and Wes Edens, and Lasry and Kidd are friends.