Report: NBA coaches to vote on their own Coach of the Year award

The NBA Coach of the Year award is voted on by a panel of media members and sports writers on an annual basis, and that formula isn't slated to change.

Beginning this season, though, the league will introduce and recognize a new award that allows coaches to honor one of their own at the end of the regular season, sources told ESPN's Marc Stein.

The award will be called the Michael H. Goldberg Coach of the Year - named after the longtime executive director of the National Basketball Coaches Association - and will be voted on by all 30 head coaches.

The NBA Players Association has voted on its own year-end awards for the past two years, and now the league's coaches will do the same in the form of this tribute to Goldberg, who started as executive director six years after the Coaches Association was founded in 1980.