The Timberwolves this morning announced they have reached they have reached an agreement with Rick Adelman to become their new coach.

A news conference introducing Adelman might not come until next week, both because of scheduling conflicts and because the contract still is being finalized and isn't signed yet.

Here's the Wolves' official release:

The Minnesota Timberwolves today announced the team has reached an agreement in principle on a contract with Rick Adelman to become the 10th head coach in franchise history. Adelman ranks eighth all-time in NBA coaching wins with a 945-616 (.605 winning percentage) career record in 20 seasons as a head coach.

Adelman, 65, has previously served as head coach of four NBA teams: Portland (1988-94), Golden State (1995-97), Sacramento (1998-2006) and Houston (2007-11). Some of his coaching highlights include: two NBA Finals appearances (1990 and 1992 with Portland), four Western Conference Finals (1989-90, 1990-91 and 1991-92 with Portland and 2002 with Sacramento) and four division titles (1990-91 and 1991-92 with Portland; 2001-02 and 2002-03 with Sacramento).

Additionally, Adelman's teams have reached the NBA playoffs in 16 of his 20 seasons as a head coach, and he holds an all-time playoff record of 79-78 (.503 winning percentage). He is one of only five head coaches in NBA history to win 60+ games with two different teams (Portland and Sacramento).

Adelman has been runner-up for the NBA Coach of the Year award four times. Most recently, Adelman was the head coach of the Houston Rockets the past four seasons leading Houston to a 193-135 record, with the .588 winning percentage being the highest in franchise history. 

A press conference to introduce Adelman to the media will be announced at a later date.   

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