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Trail Blazers hire Terry Stotts as coach

The Portland Trail Blazers announced on Tuesday evening that the team has hired former Dallas Mavericks assistant Terry Stotts as its new head coach.

"Terry is one of the elite offensive minds in the NBA, has extensive experience with multiple organizations and was instrumental in the Dallas Mavericks winning the 2011 NBA Championship," general manager Neil Olshey said in a statement. "He understands the vision for the future of the franchise, appreciates the process involved and will create an environment on the court that will produce championship habits."

Stotts, who was Rick Carlisle's lead assistant for the past four seasons, has been a head coach twice before, lasting two seasons with both the Atlanta Hawks (2002-04) and the Milwaukee Bucks (2005-07). He compiled a 115-168 record during those two stints.

Stotts replaces Kaleb Canales, who served as interim coach after Nate McMillan was fired. The Oregonian reports that there has been speculation that Canales will be retained as a member of Stotts' staff, but there has been no official word.

UPDATE: Here's the official word on Canales from Jason Quick of The Oregonian: