Lee, who had been the team’s director of basketball operations, will now oversee the basketball operations of the Nets’ D-League affiliate, the Springfield Armor. Lee’s duties will include selection of the team’s head coach and coaching staff as well as assembling the Armor roster for the upcoming 2011-12 season.
“Milt is a natural fit for this position,” said King. “He has a strong history with young players and his experience with the Nets basketball operations department will allow for a seamless integration of philosophies between the two teams.”
Prior to joining the Nets, Lee started his own basketball services company where he worked in various capacities with the NBA, teams and players. Lee personally worked as a skills coach with several NBA players currently in the league. Previously, Lee served as an assistant coach for the Los Angeles Clippers summer league team in 2008 and 2009, and has been a consultant to the NBA at the past six Pre-Draft Combines.
Earlier in his career, Lee worked as a proprietary trader on Wall Street for ING Barings and SAC Capital. Lee interned for the NBA at three consecutive Olympic Games, including 1992, for the original “Dream Team.”
A native of Bergen County, New Jersey, Lee is a graduate of the University of Pennsylvania, where he was a member of the junior varsity basketball team.
Armor general manager, Alex Schwerin, will remain in his current role with the team overseeing the Armor's day-to-day business operations.
The Nets entered into a hybrid agreement with the Armor on May 1. The hybrid affiliation is a structure similar to other minor leagues, allowing for the Nets to secure control over and cover the expenses related to the basketball operations of the Armor, while partnering with existing local ownership, which maintains responsibility for the team’s off-the-court business operations.