The Los Angeles Clippers and Neil Olshey mutually agreed to end discussions concerning Olshey's future with the team. An agreement in principle, reached and announced on June 1, will not be completed and the two parties have agreed to part ways.

"Circumstances have obviously undergone some movement since our announcement Friday. In light of that, we want to wish Neil well and acknowledge his contributions during the time he spent with the Clippers," said Clippers' President Andy Roeser.

A search for a replacement is already underway, headed up by Roeser. In the interim, all responsibilities pertaining to the team's basketball operations will be absorbed by Roeser, Head Coach Vinny Del Negro, and Clippers' Director of Player Personnel Gary Sacks.