WATCH: Penny Hardaway introduced as Head Coach of the Memphis Tigers

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In breaking news that has been one of the worst kept secrets in the city, Penny Hardaway was officially introduced as the next head coach of the University of Memphis Mens Basketball program.

More coming soon, including coverage from TSD Tigers freelancer Terry Davis and ace photographer Warren Roseborough. But for now, watch the clip above, and then listen to Penny’s exchange with media below: