Report: Devils set to announce John Hynes as head coach Tuesday

New Jersey Devils general manager Ray Shero is looking to a former co-worker to fill his new club's head coach position.

John Hynes is set to land the job, TribLive's Jason Mackey reports.

More from Mackey:

Wilkes-Barre/Scranton Penguins head coach John Hynes is on the verge of becoming the next head coach of the New Jersey Devils, provided the teams can agree on draft-pick compensation, multiple sources told Trib Total Media on Monday night.

While an agreement has been reached for the Devils to hire Hynes, the teams must agree on a compensatory draft pick the Penguins would receive for losing Hynes, per NHL rules.

The sources said an announcement could come as soon as Tuesday.

The Devils announced that they will have a press conference at noon Tuesday to introduce their new head coach.

Sportsnet's Nick Kypreos reports that it's a three-year deal.

Shero hired Hynes as the assistant head coach of the Pittsburgh Penguins' AHL affiliate, Wilkes-Barre/Scranton, in 2009. Hynes was promoted to head coach in the summer of 2010.

Hynes and Washington Capitals assistant coach Todd Reirden are two candidates whose names have continually been mentioned for the Devils' job, according to Tom Gulitti of The Record.

Sportsnet's Elliotte Friedman reported Sunday that Hynes was a finalist and that at least one other candidate was being considered.

Rich Chere of NJ.com surmised that Nashville Predators assistant Phil Housley was the leading choice for the New Jersey position, but that source-less story was met with a strong denial from the Devils.

New Jersey hired Shero last month after longtime GM Lou Lamoriello agreed to vacate the role and stay on as team president.