8:55pm: Mike Bresnahan of The Los Angeles Times (Twitter link) reports that D’Antoni will receive an undisclosed portion of the $4MM he was set to earn next season as part of his resignation.
8:21pm: Mike D’Antoni has resigned as coach of the Lakers, reports Ramona Shelburne of ESPNLosAngeles.com (Twitter link). D’Antoni had been having discussions with GM Mitch Kupchak over the phone in regards to his future, writes Mark Medina of The Los Angeles Daily News. These talks were also scheduled to continue on Thursday, prior to his resignation. Although no timetable has been established, the search for a replacement will begin immediately.
The Lakers have confirmed the news on their website. Kupchak said, “Given the circumstances, I don’t know that anybody could have done a better job than Mike did the past two seasons. On behalf of the Lakers, we thank Mike for the work ethic, professionalism and positive attitude that he brought to the team every day. We wish him the best of luck.”
Medina reports (Twitter link) that D’Antoni’s agent Warren Legarie said D’Antoni hit an “insurmountable impasse” with Lakers refusing to provide assurances they will exercise his team option for the 2015/2016 season. D’Antoni had concerns about having a “lame duck” status next season.
D’Antoni, who was hired by the Lakers to replace Mike Brown on November 12, 2012, had a 67-87 record in his two seasons with the team. He previously was head coach of the Nuggets, Suns and Knicks, and has a career record of 455-426.