The Phoenix Suns have reportedly hired former Milwaukee Bucks coach Mike Budenholzer to be their new head coach on a five-year deal worth at least $50 million in total value, The Athletic reported Friday.
This comes after Phoenix fired Frank Vogel on Thursday. It was reported earlier on Friday that the two sides were gaining traction on a deal.
The Suns dismissed Vogel after one season after the team was swept in the opening round of the NBA playoffs by the Minnesota Timberwolves.
The Bucks finished last season 49-33 and were also swept in the first round of the playoffs by the Indiana Pacers. Budenholzer, 54, first began his NBA career as a video coordinator turned assistant coach with the San Antonio Spurs, spending 19 seasons with the franchise before taking his first head-coaching gig with the Atlanta Hawks from 2013-18.