REPORTS: Nets and Lawrence Frank reach buyout agreement

Reports are surfacing today that the Brooklyn Nets and exiled assistant coach Lawrence Frank have agreed to a buyout of the remaining years of his contract.

It is being reported that Frank will once again join Doc Rivers, whom he coached with prior with the Boston Celtics, and become and assistant coach with the Los Angeles Clippers.

Frank signed six-year, $6 million contract with the Nets last summer which reportedly includes hefty performance bonuses, multiple balloon payments and the promise of a front office job after the fifth year.

The embarrassment the Nets organization felt because of Jason Kidd’s power-laden antics will now soon be over and Frank can continue his coaching career elsewhere and be happy once again.

Good Luck LFrank………

League source confirms @ChrisMannixSI report that #Nets have reached a buyout agreement with Lawrence Frank, freeing him to join #Clippers.

— Rod Boone (@rodboone) September 25, 2014

Lawrence Frank and Nets agree to a buyout http://t.co/CzMc118nod

— NY Daily News Sports (@NYDNSports) September 25, 2014

As others have confirmed, assistant coach Lawrence Frank has been bought out by the #Nets. His name is no longer on front office directory

— Mike Mazzeo (@MazzESPN) September 25, 2014