The Detroit Pistons have introduced Monty Williams as their new head coach.
Williams, who will likely be formally launched at a information convention in Detroit subsequent week, has already initiated the transition and begun scheduling participant conferences and workers improvement.
“I couldn’t be extra proud to have Monty becoming a member of us at this vital time to guide us into the subsequent decade of our future,” mentioned Pistons proprietor Tom Gores. “He embodies all the qualities we would like in a pacesetter for our Pistons franchise, and most significantly a instructor and mentor for our gamers. He’ll have an effect on each side of our franchise, on and off the court docket.
“After spending a while with Monty, it’s clear that he’s discovered a singular steadiness between reaching victory on the highest stage whereas on the identical time nurturing a tradition of development, improvement and inspiration,” Gores mentioned. “I’m past excited. This can be a large win for us.”
Relating to wage and contract data, right here’s the Detroit Free Press:
The Pistons didn’t announce the phrases of Williams’ contract, however the Free Press realized from a group supply that it’s the richest in NBA historical past for a coach, price $78.5 million assured over six seasons. However there’s extra.
There are group choices for a seventh and eighth season, and added incentives that might push the whole worth of the contract above $100 million. The bottom wage for the primary six years averages out to $12 million per 12 months ($72 million), and there’s extra assured cash tied to the seventh season, whether or not he returns or not, that brings the whole assured to $78.5 million. If the Pistons choose up his seventh-year choice, his contract will cross $90 million.
Williams agreed to phrases after a whirlwind sequence of discussions with Gores, Pistons Normal Supervisor Troy Weaver and different Pistons executives that started over Memorial Day Weekend and culminated on Thursday with a signed settlement.
“Every week in the past, I used to be unsure what the long run would maintain,” Williams mentioned. “However, after speaking with Tom and Troy, I used to be excited listening to their imaginative and prescient for the Pistons going ahead. That they had a considerate plan and I’m so appreciative of the emphasis they positioned on the non-public facet of this enterprise. They confirmed great consideration for me and my household all through this course of.
“Additionally they confirmed a dedication to success and doing issues the fitting manner,” he mentioned. “As we mentioned the group and expressed our collective targets, I noticed that this could be a terrific alternative for me to assist a gifted younger group and construct a robust tradition right here in Detroit. That is clearly a particular place with a deep basketball historical past, and my household and I are wanting ahead to the chance to be part of this metropolis and group.”