Bruce Pearl has declined an offer to coach the Texas Legends of the D-League and instead will join the marketing firm H.T. Hackney Co. in Knoxville.

A news release by the company cited Pearl's marketing and economic background as a student at Boston College.

Peral received a three-year show-cause penalty from the NCAA's committee on infractions last week.

Maccabi Tel Aviv is reportedly considering signing Rashad McCants.

McCants was the 14th overall pick of the 2005 NBA Draft by the Minnesota Timberwolves, but has bounced around with the Kings and in the D-League.

Donnie Nelson said the Texas Legends put together "the most aggressive package in D-League history" in an effort to make Bruce Pearl the next head coach of the team.

"He is our A-Man and we are hoping to make something happen," Nelson said. "We have had basketball dialogue all day long. Based on our lunch this afternoon, my wallet is not near as big as Mark [Cuban] but it is wide open."

Pearl is nearing a decision on the job, though he has also entertained offers in broadcasting.

"I've always seen myself as a college basketball coach - it's all I've done," Pearl said. "Things change and I still want to coach and teach.

"I am very excited about today about listening to what the Legends have to offer."

Bruce Pearl is being pursued by the D-League's Texas Legends to become the team's next head coach.

Pearl was most recently head coach of the Tennessee Volunteers.

Nancy Lieberman previously coached the Legends, but has moved to the front office.