Duke coach Mike Krzyzewski will return as coach of Team USA.

The Boston Globe reports, citing sources close to the coach, reports that Krzyzewski will return to lead Team USA at the World Championships in 2010 and the 2012 Olympic Games in London. Coach K's staff from the Beijing Games, which included Knicks coach Mike D'Antoni, Trailblazers coach Nate McMillan, and Jim Boeheim of Syracuse, is also expected back.

A formal announcement will be made on July 21st, as part of a mini-camp for new additions to Team USA.

Krzyzewski becomes the first coach since the immortal Hank Iba to coach Team USA through more than one Olympic tournament. Iba coached the 1964 and 1968 teams to gold medals and the 1972 team to a controversial silver-medal finish.

Lance Stephenson intends to play for the University of Cincinnati, the New York Daily News reports. An unnamed family member told reporters:

"Unless something out of their control happens, he's going to Cincinnati."

Of course... there's a whole lot of "out of their control" still to come. The biggest factor, of course, is the sexual assault charge still hanging over Stephenson's head. A criminal trial is set to begin on July 15th. There's also the matter of his amateur status -- there's enough suspicion that Stephenson received improper benefits, possibly stemming from his online reality show "Born Ready" and a much-publicized trip to meet with representatives of the Under Armour sneaker company -- that several schools stopped recruiting him altogether.

Several sources told ESPN's Andy Katz they expect the NCAA to launch an investigation into Stephenson's eligibility.

Stephenson has signed a financial aid agreement with the Bearcats, which essentially takes the place of his letter of intent -- the deadline to sign a formal LOI is long gone. That basically seals the deal...

But I won't believe Lance Stephenson is really joining the Bearcats until I see him check in at the scorer's table.

At Rucker Park, they call Lance Stephenson "Born Ready." But when it comes to announcing his college choince, Stephenson has been anything but.

That could change soon.

One of the reasons that Stephenson is still undecided: his as-yet-unsettled legal status. Last October, Stephenson was accused of groping a female Lincoln High student in a school hallway; those charges have yet to be resolved, but the New York Daily News reports that he'll be in court today.

Of course, the legal issues haven't been the only speed bump in this process. Some schools are reportedly concerned that he may have compromised his amateur status, a la O.J. Mayo.

Right now, Arizona, Memphis and Cincinnati are the only schools formally involved in recruiting Stephenson. It will be interesting to see if any other schools get back into the mix after the legal issues are resolved.

The Timberwolves and Wizards shook things up on the eve of the draft, making a trade that sent three veteran forwards and the fifth overall pick to Minnesota in exchange for Mike Miller and Randy Foye.

That probably isn't the last we'll hear from the T-Wolves, who now control the fifth, sixth, 18th and 28th picks in the first round, and two more in the early part of the second.

Another Tuesday trade -- involving the Spurs, Bucks and Pistons -- probably won't alter the draft landscape much.

The 2009 NBA Draft will be held on June 25th at Madison Square Garden in New York, and broadcast on ESPN. Here's our latest guess as to how things will play out.