Los Angeles Lakers Part Ways With Walton

Kyle Terada-USA TODAY Sports

The announcement comes three days after Magic Johnson stepped down as president of the club's basketball operations at the conclusion of a season where the team didn't make the playoffs after acquiring LeBron James.

Two days into the offseason and the Lakers are down a team president and a head coach as the franchise continues to struggle to right itself almost seven years after the Dwight Howard-Steve Nash experiment went bust.

Still, Walton was a top-choice for the Kings' head coaching gig when it opened last in 2016, but he was dead-set on joining the Lakers, and spurned the Kings - and all other organizations- to do so.

A move to Sacramento then, with its young, raw roster, may be a better fit for Walton heading forward.

James and the Lakers' players have been uniformly supportive of Walton, who managed to keep his team playing hard and harmoniously under the Los Angeles microscope despite multiple major injuries and distractions.

"This franchise and the city will always be special to me and my family", Walton said in a statement. The team called it a mutual agreement. Golden State began with a record 24-0 start and Walton was 39-4 overall before Kerr returned to the bench following complications from a pair of back surgeries.

The Lakers won 37 games this season and missed the playoffs for an unprecedented sixth consecutive year. I don't think his say-so is like his say-so.

While Walton and Johnson - who surprisingly quit in impromptu fashion Tuesday night - are out, GM Rob Pelinka is expected to stay on board.

Now, the Lakers and James will look for another coach, and two early candidates have emerged - former Cavaliers coach Tyronn Lue and Sixers assistant coach Monty Williams.

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