ChrisHaynes, CSNNW.com Trail Blazers Insider (@ChrisBHaynes)

DallasMavericks assistant coach Terry Stotts will be named the new headcoach of the Portland Trail Blazers, the Trail Blazers announced.

Stotts,54, beat out Trail Blazers interim head coach Kaleb Canales to claimthe head spot after the two interviewed with owner Paul Allen inLondon over the weekend.

It is unclear what Canales' role will bewith the team but CSNNW.com has confirmed that he'll remain with the organization insome capacity.

Terry is one ofthe elite offensive minds in the NBA, has extensive experience withmultiple organizations and was instrumental in the Dallas Maverickswinning the 2011 NBA Championship, said general manager Neil Olshey in a statement.He understands the vision for the future of the franchise,appreciates the process involved and will create an environment onthe court that will produce championship habits.

Thecoaching search started with the courting of Phil Jackson and JerrySloan, then it made its way to Summer League where Olshey interviewed up to 15 candidates.

Fromthere, the team narrowed the pool down to four candidates former Orlando Magic assistant Steve Clifford, Phoenix Suns assistant ElstonTurner, Stotts and Canales.

Andthe rest is history.

Imvery pleased to be a part of a great franchise in a beautiful citywith such a proud history, said Stotts. I look forward toworking hard with Neil and our players toward the ultimate goal ofbringing another championship to Portland.

Thiswill be Stott's third stint as an NBA head coach as he has coachedthe Atlanta Hawks from 2002-04 and the Milwaukee Bucks from 2005-07.He has an overall coaching record of 115-168.