Scott later coached the Pistons for three and a half seasons, from 1972 to 1976. In 1974, he won the NBA Coach of the Year Award after guiding the Pistons to a 52–30 regular season record. Scott was fired by the Pistons on January 26, 1976, and replaced with assistant Herb Brown. At the time he was fired, the Pistons were 17–25. In March 1976, Scott was hired as the head basketball coach at Eastern Michigan University. Over three seasons, he guided EMU to a 29–52 record. Eastern Michigan fired Scott in March 1979.
After his coaching career, Scott went into private business. He also has the position of ambassador for children and families for the Wellspring Lutheran service agency in Michigan. In February 2008, Scott was inducted into the Michigan Sports Hall of Fame. In April 2008, during a celebration of the Pistons' 50th anniversary, he was named one of the "30 All-Time Pistons."
The athletic teams of Eastern Michigan University were known unofficially as the "Normalites" prior to 1929, known as the "Hurons" from 1929 to 1990, and known as the "Eagles" from 1991 to the present.