Nash Racela signed a two-year deal with Blackwater Elite during a meeting with team governor Silliman Sy on Wednesday.
"Coach Nash has signed for us for two years," Sy told ESPN5.com.
Blackwater is hoping that Nash, former TNT coach and UAAP men's basketball champion coach, can help turn the franchise around after trading away Ray Parks, Raymar Jose, Mike DiGregorio and Allein Maliksi. The Elite had a dismal 2019 season, managing only 11 wins throughout three conferences.
"Coach Nash can bring in a new culture of hard work and a leadership that will inspire players to give their best because we believe he can bring out the best in the players," Sy shared.
Racela will take the spot of Aris Dimaunahan, who will slide back to his original role as first assistant coach. Dimaunahan served as interim coach during the 2019 Commissioner's Cup and Governors' Cup.
Sy believes Racela's transition will be smooth, knowing he'll be reunited with Mac Belo, Carl Bryan Cruz and Mike Tolomia -- all members of the 2015 UAAP men's basketball champion Far Eastern University which was coached by Racela.
Racela is also best remembered for steering the TNT KaTropa to a Finals stint in the 2017 Commissioner's Cup, where they lost to the San Miguel Beermen. He last coached in the PBA in the 2018 Commissioner's Cup, but TNT failed to get past the quarterfinals after being swept by the Beermen.