After a failed power play in Brooklyn, Nets coach Jason Kidd has entered into serious negotiations to become president of basketball operations for the Milwaukee Bucks, league sources told Yahoo Sports.

Kidd made a failed coup to Brooklyn's Russian ownership to usurp the power of Nets general manager Billy King – and failed spectacularly. The Nets and Bucks are discussing compensation for Milwaukee hiring Kidd away, which will likely include second-round draft picks, sources told Yahoo Sports.

"The Russians are done with Kidd," one high-ranking league source told Yahoo Sports on Saturday night.

Former Memphis Grizzlies coach Lionel Hollins – who had been considered as an early season replacement for a foundering Kidd – is a strong early candidate to be hired as coach should Kidd leave, sources said.

The New York Post first reported the failed power play and talks with Bucks.

Kidd is selling Bucks co-owner Marc Lasry on giving him a lucrative package to do what the Nets have refused: Give Kidd full control of basketball operations. For an NBA figure with such a damaged personal reputation – never mind no front-office experience – the possibility of Kidd being afforded this kind of power and responsibility is being met with downright mockery among NBA owners and executives.

View photos Jason Kidd helped guide the Nets into the second round of the playoffs. (Getty Images) More

It is a humiliating turn of events for the coach and his agent, Jeff Schwartz, who had wielded incredible power and influence with Nets billionaire owner Mikhail Prokhorov. Nevertheless, Kidd understood he had an admirer on the hook with one of the Bucks' new ownership partners, Lasry. Kidd has had a personal and financial partnership with Lasry, and now he's leveraging that relationship into talks to run the Bucks franchise, sources said.

Kidd isn't angling to immediately take over as president and coach, sources said, but is intrigued with the higher-paying, lower-workload life of an top executive, sources said.

For Milwaukee's general manager John Hammond and coach Larry Drew, revelations of the franchise's negotiations with Kidd weren't known to them until the story broke on Saturday night, sources said.

Kidd's thirst for more power and money began to escalate with Golden State's and New York's hirings of Steve Kerr and Derek Fisher, respectively, as coaches, league sources said. Kidd was livid they were paid contracts substantially higher than what the Nets paid Kidd as a rookie coach.

"That got him – especially Fisher," one official told Yahoo Sports.

Kidd was hired for three years, $10.5 million, only to be livid over Kerr and Fisher getting four-year deals guaranteeing more than $4 million dollars per season. Lost on Kidd was this: His dicey history made him unappealing as a coach, except with the Nets.

Despite Kidd's greatness as a Hall of Fame point guard, he had a long career of clashing with front-office executives and coaches, a domestic abuse charge and a DWI guilty plea that left him suspended for his first two games as an NBA head coach. Kidd had little leverage upon his hiring as coach, which is why the Nets refused to overpay him market value.

Within management, there was strong consideration given to firing Kidd near the end of December, league sources said. Some Nets officials wanted to bring Hollins into Brooklyn as head coach, but ultimately ownership decided to stay the course with Kidd, sources said. For Kidd's part in the power play, there's a sense of betrayal within ownership that'll make his return beyond difficult, bordering on the impossible, sources said.

Story continues