Now that Coach K has taken himself out of the running, Mitch Kupchak and the Lakers will resume their search for a new head coach.

The Lakers are believed to have offered coach K five years and $40 million.

"Immediately after I spoke to him this morning, our search for a new coach continued," Kupchak said. "We knew what we were up against, but if you don't ask, you don't know."

Kupchak said he hoped to hire a new coach this week and it is believed that Rudy Tomjanovich has the advantage.