The Penn Quakers are set to hire former Iowa coach Fran McCaffery as the program's new head basketball coach, according to a report from Matt Norlander of CBS Sports. News of McCaffery's imminent hiring was first reported by college basketball reporter Sam Federman.

Iowa parted ways with longtime men's basketball head coach Fran McCaffery after its season ended on March 13. Iowa was trying to make a run at the Big Ten tournament but lost in the second round to Illinois,

Penn is expected to hire former Iowa head coach Fran McCaffery, source told @TheFieldOf68. McCaffery has won 548 career games, is a Philly guy and played at Penn from 1979-82. He also began his coaching career as an assistant at Penn after graduating.