Rick Pitino near deal to coach EuroLeague power Panathinkaikos

A formal agreement on a deal to coach the rest of the season is expected soon.

The FBI probe was one of a series of scandals at Louisville under Pitino, including an NCAA investigation into strippers and prostitutes used in recruiting visits with players.

He won two national championships (1996 and 2013) and reached five Final Fours during his college coaching career.