Former Louisville basketball coach is reportedly finalizing a deal to become head coach of Panathinaikos B.C. of the EuroLeague, according to ESPN's Adrian Wojnarowski.
On Thursday, Panathinaikos fired head coach Xavi Pascual just hours after the Athens-based club suffered an 89–68 loss to Real Madrid. Panathinaikos dropped to 6–7 this season and 10th in the EuroLeague standings.
According to GetMoreSports.com's Chris Sheridan, dialogue between Pitino and Panathinaikos regarding the vacancy took place a few hours after it became available.
Pitino, 66, last coached in October 2017, when he was at Louisville. His coaching career abruptly came to a halt when the Cardinals fired him following a federal investigation into bribery and corruption in college basketball.