The Cavaliers have offered Jeff Van Gundy their vacant head coaching job, according to several NBA sources.
Team owner Gordon Gund has agreed to give the former New York Knicks coach a five-year contract believed to be worth $25 million after negotiating with his agent Jim Ornstein this week, the sources said.
Van Gundy is mulling the offer, waiting to see how the coaching search plays out for the Houston Rockets, with which he is also a candidate. Van Gundy said Thursday he is only 50 percent sure he'll return to coaching next year.
No official announcement on his decision is expected by the team until early next week. But the Cavaliers probably are in no mood to wait considering the number of coaching vacancies in the league and may press Van Gundy to make a choice quickly so the team can move on.
General Manager Jim Paxson used a similar tactic to land former coach John Lucas two years ago when Lucas was being courted in Cleveland and by the Portland Trail Blazers.