The Brooklyn Nets announced on Sunday that they've part ways with coach Lionel Hollins. The team also announced that general manager Billy King has been reassigned within the organization.
Assistant Tony Brown will serve as interim head coach for the rest of the season, the team said.
"After careful consideration, I've concluded that it's time for a fresh start and a new vision for the direction of the team," said Nets owner Mikhail Prokhorov said in a statement released by the team.