Hardaway has coaching experience, having coached AAU teams and Memphis East High School, where he won three state titles in a row. This announcement will be shown live on WMC Action News 5 (due to the school's digital restrictions, we will not be able to stream it online).
The University of Memphis introduced Hardaway as its new men's basketball coach during a Tuesday morning news conference at the Laurie-Walton Family Basketball Center.
A successful youth and high school coach in Memphis, Hardaway has ties to many top players from the area.
The 46-year-old is replacing Tubby Smith, who was sacked just five days ago after two seasons with the Tigers.
Smith, who failed to sign a single top-100 recruit, was criticized throughout his tenure at Memphis for underachieving relative to recruiting expectations. Smith led the Tigers to a 21-13 record this year, his second season as head coach, but the team did not make any postseason tournaments, and attendance has been down overall. Hardaway is one of nine players in Memphis' school history to have their number retired.
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With Hardaway, the Tigers notched eight wins over ranked teams.
Hardaway, 46, was drafted with the third overall pick in 1993 and played in the National Basketball Association from 1993 to 2008 - with Orlando, Phoenix, New York and Miami. Forward James Wiseman, the No. 2 prospect in 2019 nationally, plays for Hardaway on both teams.
Hardaway finished his career with 10,864 points and 704 games played.
Guard Alex Lomax also played for Hardaway at East High and now is committed to Wichita State.