Pistons Hiring Stan Van Gundy To Coach, Lead Basketball Ops

Sources said that the Pistons have "reached an agreement in principle with Stan Van Gundy to make him their new coach and president of basketball operations," with a formal announcement expected today. Sources said that Van Gundy and the Pistons "have verbally agreed to a five-year pact" worth an estimated $35M. The Pistons "have been looking for their own new face of basketball operations for the first time in more than a decade" after Joe Dumars left his post in April (ESPN.com, 5/13).