Nets release official statement on Jason Kidd’s departure

The Brooklyn Nets released a statement regarding reports that Jason Kidd will leave the team to become the new coach of the Milwaukee Bucks late Monday night:

Brooklyn Nets General Manager Billy King announced today that the organization has permitted Jason Kidd to pursue a coaching opportunity with the Milwaukee Bucks. In exchange for allowing Kidd to depart, the Nets will receive two second round draft picks (2015 & 2019) from Milwaukee. A search for a new head coach will begin immediately.

In one season as head coach of the Nets, Kidd led Brooklyn to a 44-38 record during the regular season and a first round playoff win over Toronto before losing to the Miami Heat in the Eastern Conference Semifinals.

Kidd reportedly went above general manager Billy King to the front office in an attempt to control the team’s basketball operations. When he was rebuffed by the team, Kidd sought permission to seek the head coaching job in Milwaukee with the Bucks.

Earlier Monday, the Bucks announced that head coach Larry Drew was fired.