Dallas Mavericks coach Rick Carlisle resigned on Thursday.
Owner Mark Cuban announced the news in a team statement that came one day after Cuban fired president of basketball operations Donnie Nelson.
"Rick informed me today about his decision to step down as head coach," Cuban said. "On top of being a tremendous basketball coach, he was also a friend and confidant. Rick helped us bring the O'Brien Trophy to Dallas and those are memories I will always cherish. I want to thank Rick for all he gave this franchise and this city. We wish him all the best."