Just prior to 4:00 PM ET, the Charlotte Bobcats announced that Larry Brown has stepped down as head coach of the Charlotte Bobcats.  Here are some initial links:

Official Press Release |  Letter to the fans

Sam Amick of AOL is reporting that the entire coaching staff has been let go.  Amick goes on to report that the new coach will be in place tomorrow.

This is a bit of a surprise.  I honestly thought that if Brown left, assistant coach Dave Hanners would get a chance as an interim coach.  I have no idea who will be stepping in.  Keep an eye out on this post and our Twitter feeds (Dr. E, ASChin, Cardboard Gerald) for updates and further discussion.

-Dr. E

UPDATE 5:00 PM: Adrian Wojnarowski of Yahoo! and Ken Berger of CBSSports.com are reporting that former Hornets and Cavs coach (and current Charlotte resident) Paul Silas is the leading candidate to take over as coach of the Bobcats.  Former Hawks coach Mike Woodson, current Magic assistant/former Jordan rival Patrick Ewing, and current Pistons assistant Darrell Walker are also under consideration.

-Dr. E

Update 7:00 PM: And it’s official.  The Bobcats have named Paul Silas interim head coach.  Yahoo!’s Adrian Wojnarowski is reporting that Charles Oakley is likely to be added as an assistant coach.  Silas will be meeting with the media tomorrow at 1:00 PM ET and will have more details about the rest of his staff at that time.

Official Press Release re: Silas

-Dr. E