Several media sources reported the move Thursday. Nelson, who has one season and $6 million left on his contract with the team, will reportedly resign and agree to a settlement package.
It'll be the first big front office move for the Warriors under their new ownership group.
The 70-year-old Nelson is the NBA's all-time wins leader as a head coach. Over 31 seasons, including the last four with Golden State, he has compiled a 1,335-1,063 record.
The Warriors were a disappointing 26-56 last season, finishing with the third-worst record in the Western Conference.
•NBA Commissioner David Stern has advised Gilbert Arenas and the Wizards not to talk about the former All-Star's felony gun conviction. … Lakers center Andrew Bynum, coming off arthroscopic surgery on his right knee, may not be able to play in any exhibition games, according to reports.