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NETS FIRE LIONEL HOLLINS; BILLY KING REASSIGNED

The Nets announced Sunday that the team has cut ties with Lionel Hollins.and "reassigned" Billy King

Tony Brown, a former Net and the team's defensive coach, will take over the team as interim coach. The GM position will remain vacant until a replacement can be found. The nature of King's "reassignment" was not disclosed. One team insider described the move was "face-saving."

Others noted that while Russian ownership was willing to accept blame and thus forgive King for the failed trades and other moves that left the team bereft of draft picks, they were increasingly upset with his hiring of Hollins.