The Fox Soccer Channel cited a "number of well-placed sources with knowledge of the deal" in reporting that Klinsmann, 42, would take over the leadership of Team USA from Bruce Arena.
Arena coached the team after the 1998 World Cup but left after the 2006 tournament when the United States, at one time ranked No. 4 in the world, finished last in its group.
Klinsmann, on the other hand, had great success in the 2006 World Cup. He guided a German team that wasn't expected to excel into the semifinals, where they lost 2-0 to eventual cup champion Italy. Germany defeated Portugal 3-1 to take third place. Klinsmann resigned as German's coach shortly after the competition.