Frank Vogel was fired after the Los Angeles Lakers endured "a disappointing season at every level", according to general manager Rob Pelinka.
The Lakers missed out on a place in the NBA playoffs after a 33-49 season saw them finish 11th in the Western Conference, costing the head coach his job on Monday.
Vogel led the Lakers to the NBA championship in his first season at the helm, but a poor campaign has seen him removed from the post just 18 months later.
Speaking after the announcement of Vogel's departure, the Lakers' vice-president of basketball operations and general manager Pelinka said the time had come for a change.
"I want to thank him for three really strong years," Pelinka said of Vogel. "We just felt like it was time for a change in our leadership voice. Frank is a great man, a great coach and will go on to do great things.
"This was a disappointing Lakers season at every level. In the face of disappointment, our fans expect more, and that's at every facet.
"I think when you have disappointment, you need to take ownership of that and vow to make the adjustments to be better. That's where the work starts today.
"We've been in this place before and we know what it takes to put in the work to fix it, and that's where our energy and time will be spent in the coming days."
In his 19th season in the league, Lakers star LeBron James averaged 30.3 points, 8.2 rebounds and 6.2 assists in 37.2 minutes per game.
Pelinka acknowledged the roster assembled for this season was not good enough, but felt confident the Lakers can experience success again in the future, with James remaining their lynchpin.
"We need to do all we can to be caretakers of his legacy and to try to build the best team we can around him," he added. "We had the objective for that last year and obviously this roster did not work.
"But there's a great level of trust in our collaboration with him to make sure we get it right this summer and fix it.
"I don't know exactly how long LeBron will play but, of course, this year he played at the highest level. [It was] an incredible year for him offensively, and he feels highly motivated to return next year and have another elite level of play.
"If our team had found a way to win more, he would have been in the MVP conversation. For him to play at that level in the 19th year of his career is jaw-dropping, and his motivation to come back and do that again next year was palpable in my exit interview with him.
"Every indication we've received is that he sees the Lakers as his home."
Kerr demands improvements from Team USA as Olympic opener looms
United States coach Steve Kerr wants to see higher levels of intensity from his team as their Olympics campaign approaches.
Kerr was unhappy with the lacklustre displays from his side in their warm-ups against Germany and South Sudan.
Germany led 71-68 at the end of the third quarter before LeBron James conjured up 11 points in the final four minutes to give the USA a 92-88 win, while South Sudan were 20 seconds away from pulling off one of the biggest shocks in basketball history, before eventually falling to a 101-100 loss.
The USA face a dangerous Serbia side featuring reigning NBA MVP Nikola Jokic on Sunday, and Kerr is adamant that improvements are required if they are to win a fifth consecutive Olympic gold medal.
He said: "It's got to be 40 minutes of force and attention and focus, and we can't let teams outplay us effort and energy-wise like we did the other night against Germany, like we did against South Sudan.
“We have another level. I think we have another two levels that we can get to, but it's a collaboration, always.
"We can show them, 'Let's do this, let's do that. Let's learn personnel.'
"We got to know the shooters, know the non-shooters, all that stuff. So that's where we can help them. Where they can help themselves is just effort and energy play after play, after play. This is different."
Kerr is a four-time NBA champion as a coach, and was part of the triumphant Olympics team in Tokyo in 2021, but the Golden State Warriors boss knows the experience of the Games will only be enhanced if the USA were to come out on top again.
"This should be one of the great experiences of our lives. But the best way to make it an incredible experience is to win a gold medal," he said.
After facing Serbia, the USA will once again go up against South Sudan, this time in a competitive format, before ending the group stage with a match against Puerto Rico.
Durant warns Team USA 'everybody is a contender' in Olympic basketball tournament
Kevin Durant has warned Team USA they will not have an easy ride through the basketball tournament at the Paris Olympic Games, declaring: "Everybody is a contender".
The United States will go in search of a fifth straight men's basketball gold in the French capital, where they open their Group C campaign against Serbia on Sunday.
After that meeting with Nikola Jokic and company, the star-studded USA team featuring Durant, LeBron James, Stephen Curry, Joel Embiid and a host of other NBA stars take on South Sudan and Puerto Rico.
With Steve Kerr having so much talent at his disposal, the roster has been compared to that of the 1992 'Dream Team', who took gold in Barcelona behind the efforts of Michael Jordan, Magic Johnson, Larry Bird, Scottie Pippen and other great names.
However, at a press conference ahead of Team USA's 2024 opener, Curry reminded reporters that the class of 1992 only faced nine other active NBA players.
Durant is expecting a much tougher assignment this year, responding to Curry by saying: "Everybody is a contender. Everyone is here for a reason.
"We're playing against 65 or 64 NBA players in Paris. So you know they're the best in the world."
Asked to identify the main players to watch from other nations, the Phoenix Suns forward said: "Giannis [Antetokounmpo] or Jokic."
While Durant adopted a cautious tone, Golden State Warriors star Curry was more bullish regarding the USA's gold medal hopes.
Quizzed on who he was most excited about facing, Curry simply said: "Whoever's in the gold medal game."
Knicks, head coach Thibodeau agree to three-year contract extension
The New York Knicks and head coach Tom Thibodeau have agreed to a three-year contract extension through the 2027-28 season.
New York went 50-32 last season to earn the No. 2 seed in the Eastern Conference before losing to the Indiana Pacers in the semi-finals of the play-offs.
The Knicks were also ousted in the East semis in 2022-23 and reached the play-offs during Thibodeau’s first season in 2021-22, when he won his second NBA Coach of the Year award.
Prior to 2021-22, New York’s previous post-season appearance came in 2013.
The Knicks have gone 175-143 over the last four seasons under Thibodeau, who earned his first NBA Coach of the Year award in 2011 as a rookie head coach with the Chicago Bulls.
The 66-year-old Thibodeau owns a 527-389 record in 12 seasons as a head coach with Chicago, the Minnesota Timberwolves and New York.
His teams have gone 38-47 in the post-season, and Thibodeau’s only appearance in the conference finals came in his rookie head coach season.
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