Report: Kings approaching four-year deal to hire George Karl as coach

NBA Basketball

The Sacramento Kings are nearing an agreement with George Karl on a four-year contract that would make Karl the team's head coach, Yahoo! Sports reported on Monday.

The deal would be worth between $4 million and $5 million per season, according to the report. The contract includes a team option for the fourth year, the 2017-18 season.

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Although a deal has not been finalized, Karl is expected to begin coaching the team after the NBA All-Star break. Interim coach Tyrone Corbin will coach Sacramento's two remaining games before the break, according to Yahoo!'s Adrian Wojnarowski. The Kings will visit the Bulls on Tuesday and the Bucks on Wednesday. 

Wojnarowski reported that Karl and Kings general manager Pete D'Alessandro, who worked with Karl with the Nuggets, have spoken several times in pursuit of an agreement. 

Karl, 63, has 1,131 regular-season wins as an NBA coach with the Cavaliers, Warriors, SuperSonics, Bucks and Nuggets. He last coached in the NBA in 2013. Karl currently works as an analyst for ESPN.

The Kings (18-32) have lost 20 of their last 27 games since majority owner Vivek Ranadive fired coach Michael Malone in December.