Eddie Jordan’s brief career as 76ers coach will officially end Thursday.
Comcast-Spectacor, which owns the Sixers, will fire Jordan, in his first year with the organization, during a press conference scheduled for 11 a.m. at the Philadelphia College of Osteopathic Medicine, this according to a source close to the situation.
The Sixers, 27-55, finished their disastrous season on Wednesday night against the Orlando Magic at Amway Arena.
Jordan’s imminent dismissal was reported in The Inquirer over a month ago.
Comcast-Spectacor will be obligated to pay Jordan for two more seasons, or approximately $6 million, through the 2011-2012 season; On June 1, 2009, Jordan signed a four-year contract, the final season of which was a team option.
Sixers President and General Manager Ed Stefanski, who executed the three-week coaching search that resulted in Jordan’s hiring, is scheduled to make the announcement.
According to a source close to Stefanski, as of Wednesday he was continuing in his same capacity and had been given no indication he would be removed from that role.
The Sixers were Jordan’s third head coaching position in the NBA: He coached the Sacramento Kings from 1996-98 and the Washington Wizards from 2003-09.
Jordan was fired from both his previous positions.
When hired by the Sixers, Jordan’s lifetime record was 230-288. Entering Wednesday night’s game, that record had dipped to 257-343.