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Wojnarowski added Budenholzer agreed to a four-year contract.
Gery Woelfel of the Racine Journal Times then reported the coach was one of the favorites to fill the Bucks opening, while Marc Stein of the New York Times noted the Raptors‘ “strong interest” in him.
Wojnarowski noted Wednesday that Toronto met with Budenholzer but never extended an offer.
The 48-year-old reportedly has now been hired by Milwaukee, where he will try to replicate the early success he found in Atlanta.