After a remarkable franchise turnaround, Portland Trail Blazers coach Terry Stotts is nearing agreement on a multiyear contract extension, league sources told Yahoo Sports.
The Blazers hold an option on the third and final year of Stotts' contract for 2014-15, but that'll likely be torn up and replaced with the new deal.
Blazers general manager Neil Olshey and Stotts' agent, Warren LeGarie, have been working on the deal, and it's expected to be finalized in the near future, league sources said.
Before losing to the San Antonio Spurs in five games in the Western Conference semifinals, Stotts helped transform the Blazers with a 21-game regular-season improvement (54-28) and a six-game first-round playoff series victory over the Houston Rockets – the franchise's first in 14 years.
Full story: Yahoo! Sports