From our friends at espn.com.
Jerry Sloan will resign as coach of the Utah Jazz on Thursday, according to media reports in Salt Lake City.
Sloan, who signed a one-year contract extension on Monday, said the team is planning a news conference for 5 p.m. ET on Thursday to discuss his future with the team. He did not offer further details, the Salt Lake Tribune reported.
Television station KSL first reported on its website that Sloan and assistant coach Phil Johnson planned to announce their resignations.
The rest of the story can be found here: http://sports.espn.go.com/nba/news/story?id=6109031
Interesting. He just signed an extension for an additional year on Monday and now he's out. I want to hear the real story on this one. We'll see what the fallout is from this.
UPDATE: Looks like Ty Corbin will be appointed Head Coach.