Lionel Hollins Fired; Billy King Resigns As Nets GM

Shane Larkin, Lionel Hollins


In a shocking move, General Manager Billy King has stepped down and Lionel Hollins has been fired, according to a statement from Mikhail Prokhorov & Nets. Although there had been rumblings that Hollins was certainly out over the summer, Prokhorov, who will be in New York tomorrow, could not wait any longer.

Hollins finishes with a 48-71 record since being hired in 2014 and King, whose contract with the Nets expires this summer, will work in some other role until then. The Nets are 10-27 and have only won once in 2016, flatlining against the Boston Celtics, Toronto Raptors, Orlando Magic, and Detroit Pistons over the last week.

Nets have also announced that Tony Brown will serve as the Interim Head Coach and that no replacement for King has been chosen. Prokhorov will hold a press conference tomorrow morning from the Barclays Center at 11AM to discuss the move, stating: “After careful consideration I’ve concluded that it’s time for a fresh start and a new vision for the direction of the team.”

The full statement:

“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. “By making this decision now, it enables our organization to use the rest of the season to diligently evaluate candidates with proven track records. It’s clear from our current state of affairs that we need new leadership. With the right basketball management and coach in place, we are going to create a winning culture and identity and give Brooklyn a team that it can be proud of and enjoy watching. We have learned a great deal during the past six years and our experiences will guide us for the future. Following the consolidation of team ownership last month, I can assure you that I’m more determined and committed than ever to build a winner.”

“I want to thank Billy for his hard work in the development of the Nets. At every step of the way, he has been aggressive in his quest to build a winning team and has been a key factor toward the Nets making the playoffs for each of the last three seasons. Beyond this, he has been a tremendous friend, wonderful colleague, and loyal partner and we wish him success in the future. I also want to thank Lionel for his efforts and dedication on behalf of the Nets franchise. To our fans, I thank you for your continued enthusiasm and support and please know that brighter days are ahead. I’m excited to begin the process of choosing the best GM and head coach available.”