Scott Skiles is out as Bucks coach, effective immediately. (Photo: Mike Zarrilli/ Getty Images)

The Milwaukee Bucks are making national news!  At….11:30 at night.

From Sam Amick at USAToday Sports:

Milwaukee Bucks and coach Scott Skiles have agreed to part ways, according to a person familiar with the discussions.  The person spoke to USA TODAY Sports on the condition of anonymity because the team had yet to announce the move.

Skiles was 162-182 as Bucks coach since the 2008-2009 season and had led the Bucks to one playoff trip in his tenure in Milwaukee.  The Bucks started out of the gate hot this season, getting to records of 6-2 and 16-12, before a recent four-game slide pushed the Bucks down to the eight seed in the standings with an all-too-familiar .500 record.

This move certainly escalated quickly, as reports surfaced today that Skiles would likely not stick around at the end of this season.

Like Amick also stated in his post, this move may be the first of a series of crucial decisions the Bucks have to deal with by season’s end.  General Manager John Hammond is in the final year of his contract, and backourt mates Brandon Jennings (restricted free agent) and Monta Ellis (player option) are all free to leave at the end the season.

Assistant coach Jim Boylan will assume the head coaching duties for the time being.