Memphis reaches agreement with Penny Hardaway to become next head coach
The Tigers' legend will be formally introduced Tuesday
Penny Hardaway has reached an agreement to become the next men's basketball coach at Memphis, a source told CBS Sports.
A press conference is scheduled for Tuesday at 11 a.m. CT.
that Memphis was "seriously considering" firing Tubby Smith after two seasons and replacing him with Hardaway -- a successful high school and grassroots coach with ties to multiple high-major prospects. A source told CBS Sports that the school and Hardaway began negotiations the day after Memphis lost in the AAC Tournament semifinals. The two sides reached a deal in principle last week around the same time Smith was formally terminated. CBS Sports and The Commercial Appeal both reported last week that after he was allowed to guide East High to a third straight Tennessee state championship. East won the state title Saturday.
Hardaway, 46, was a first-team All-American in the 1990s (at what was then Memphis State) who went on to be a first-team All-NBA guard for the Orlando Magic. Chronic knee injuries eventually limited his effectiveness. He retired from the NBA in 2007.
CBS Sports HQ Daily Newsletter
Get the best highlights and stories - yeah, just the good stuff handpicked by our team to start your day.
Thanks for signing up!
Keep an eye on your inbox for the latest sports news.
There was an error processing your subscription.
SportsLine simulated Tuesday's Wisconsin vs. Xavier game 10,000 times
The Bulldogs were forced to stay in South Carolina before traveling to Philly on Tuesday for...
Vick's 32 points in Monday's victory vs. Vermont keeps the Jayhawks No. 2 in Tuesday's Top...
Vick made all eight of his 3-point attempts in KU's comfortable home-opening victory
The Ramblers are 1-1 with a home loss to Furman -- but still ranked on one AP ballot
SportsLine's advanced computer model simulated Monday's Detroit vs. Butler game 10,000 tim...