Report: Nets GM Billy King to receive multiyear extension

Billy King talks to the media after being

Billy King talks to the media after being introduced as the New Jersey Nets general manager, replacing Rod Thorn. (Credit: AP, 2010)

CHICAGO -- If the Nets go with a full-fledged coaching search in the offseason, it looks like general manager Billy King will be a part of it.

King and the Nets are on the verge of a multiyear contract extension, according to Yahoo! Sports. His deal, along with many others in the team's basketball operations department, is set to expire this summer.

P.J. Carlesimo, whose future could be partially decided by King, said he wasn't aware of the soon-to-be-completed deal.

"That's the first I heard about it," the Nets' interim coach said before last night's Game 3 against the Bulls, "and I'm not going to comment on a rumor. I hope it's true."

King was instrumental in assembling the Nets' roster for their inaugural season in Brooklyn, making the trade for Deron Williams in 2011 and swinging a trade with the Hawks last summer for Joe Johnson.

Asked how he would describe what King's done in building the Nets, Carlesimo said: "Great job."

With King's extension forthcoming, that could mean the Nets won't be in the potential Phil Jackson sweepstakes. The former Lakers coach is said to want to be a part of the front office of any team he may possibly join, and with King in line to still call the personnel shots, that likely eliminates the Nets.

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