Report: Nets assistant Lawrence Frank retains counsel to work on buyout
Frank was reassigned by head coach Jason Kidd yesterday with Kidd saying that Frank would not be at practice or games and that he was going to submit daily reports in his new role with the team.
Frank reportedly has a six-year contract that pays him $1 million a season.
“I think [Frank] is still working, so there’s no disappointment,” Kidd said Wednesday. “So we move on.
“It’s part of the job. He’s working. He’s giving his reports. … So do I miss him? No. He’s doing his job and what I’ve asked him to do.”
In the first game without Frank on the bench, the Nets were routed by the Denver Nuggets, 111-87. The loss put the Nets at 5-13, which is good for 13th in the Eastern Conference.
More from the New York Post:
Nets assistant coach Lawrence Frank is in the process of retaining “high-powered” legal counsel, presumably to settle a buyout with the franchise in the wake of being “re-assigned” by head coach Jason Kidd, a league source told The Post.
When the Nets hired Frank — a former head coach with the Nets, whom Kidd had publicly pursued to be one of his assistants after taking the job back in June — they gave him a six-year deal worth a total of roughly $6 million, according to league sources, making him the highest paid assistant coach in the NBA.