Jordan rewarded Peterson for their friendship over the years with the title of the director of player personnel.
"It's a chance to be with a close friend," Peterson told ESPN.com on Tuesday. "We've talked about this for sometime but I didn't expect it. I'm just going to go there and learn from Rod Higgins, Bernie Bickerstaff and to work alongside Michael. He's going to work at it. He wants to make sure this is a successful franchise and I'm excited to be a part of it."
Charlotte has two first-round picks -- Nos. 8 and 22 -- in the June 28 draft.
Peterson said Jordan told him to be in Charlotte "first thing in the morning," to get ready for the draft.
Peterson was 35-25 in two seasons with the Chanticleers, who
hired him after he was fired as Tennessee's coach in 2005. Before
his four seasons with the Volunteers, Peterson coached at Tulsa and
"We appreciate everything that Buzz has done for the program
and Coastal Carolina University since he arrived two years ago,"
athletic director Warren Koegel told The Associated Press. "This is an opportunity that
he felt he could not pass up. We wish Buzz and his family all the
best as they start this new phase of their lives."
Peterson, 201-134 in 11 seasons as a head coach, is the latest
Jordan confidant to join the Bobcats since Jordan bought into the
team last summer. Team president Fred Whitfield and general manager
Higgins worked with Jordan when he ran the Washington Wizards,
while new coach Sam Vincent was played with Jordan on the Chicago
Last week, former North Carolina point guard Phil Ford left the
New York Knicks to join the Bobcats as an assistant coach.
Peterson was a senior at Asheville High School when he beat out
Jordan as North Carolina's player of the year. Peterson then played
with and roomed with Jordan, and the pair helped the Tar Heels win
the 1982 national championship.
Peterson's hiring completes a shakeup in the basketball
operations for the Bobcats, who just completed their third season.
Bickerstaff, coach and general manager since the team's
inception, stepped down from both jobs and became executive vice
president. Vincent and Higgins were hired to fill Bickerstaff's
previous roles, while Peterson will head the team's scouting
Jordan tried to persuade Peterson to join the team for several
months, but Peterson wanted time to decide whether to leave
Peterson met with Jordan and other Bobcats officials over the
weekend. He returned to Coastal Carolina and told Koegel of his
decision Tuesday. He then met with his players.
A search for Peterson's replacement at Coastal Carolina will
begin immediately, Koegel told AP.
Peterson told ESPN.com that he hopes that assistant coach Jamie Kachmarik is the choice to succeed him.
Andy Katz is a senior writer at ESPN.com. The Associated Press contributed to this report.