The Nets get their own 2015 second-round pick, which Milwaukee owned, and the Bucks' 2019 second-round pick in return for letting Kidd out of his four-year, $10.5 million contract after only one season, sources said.
It is not clear whether Kidd will agree to a new contract or the Bucks will inherit his existing deal with Brooklyn. At least for now, Kidd is being hired as head coach and the deal has not affected the status of general manager John Hammond or asssitant GM David Morway, a person familiar with the new ownership group's plans told CBSSports.com.
But Kidd's goals in pulling this power play were clear. In recent weeks, he had pushed for full personnel control and a president title with the Nets after only one 44-win season as coach. That request culminated in the past 24-48 hours with the Nets' Russian ownership group, led by Mikhail Prokhorov, rejecting the future Hall of Fame point guard's quest for more power.
Kidd then asked for permission to interview in Milwaukee, where he has a strong personal and financial relationship with co-owner Marc Lasry. He interviewed Friday, with the entire process kept secret from Hammond, Morway and head coach Larry Drew.
Though the front office remains intact for now, there is little doubt about Kidd's intentions to run the show, or about the strength of his ties to the new ownership group.
From Kidd's preposterous push for power without earning it, to the clandestine nature of the talks, to the clear violation of the No. 1 tenet of the coaching business -- to not go after another coach's job -- it was one of the most bizarre and unseemly developments in NBA coaching circles in years.
Lionel Hollins is a top candidate to succeed Kidd in Brooklyn, where the Nets are facing important free-agent decisions with Paul Pierce, Andrei Kirilenko, Shaun Livingston and others. Hollins will interview in the next day or two, league sources said. Former Nuggets coach George Karl also is interested in the job.