Penny Hardaway announces he will remain head coach at Memphis

MEMPHIS, Tenn. — Penny Hardaway took to Instagram Tuesday evening to quiet any hometown fears and announce he will remain head coach of the University of Memphis men’s basketball program.

“One day in the future I would love to coach in the NBA and wouldn’t that be great if it were the Orlando Magic but today is not that day,” Hardaway said.

In recent days Hardaway was considered a leading candidate for the Orlando Magic’s open head coaching position.

”I don’t want you guys to be afraid that I’m going anywhere,” he said to Tiger basketball fans. And, let’s get it done. Let’s keep fighting. I’m working hard. My staff is working hard. We’re excited about this year with the 100% capacity coming back to the FedExForum. Please fill it out, fill it up. Come back, cheer us on and let’s see where it goes.”