Kurt Rambis on way out from Wolves?

The Minnesota Timberwolves have decided to fire coach Kurt Rambis, Yahoo! Sports reported Wednesday night, citing league sources.

The Wolves will not officially part ways with Rambis until after Thursday's NBA draft, a source with direct knowledge told ESPN.com's Andy Katz.

Wolves general manager David Kahn didn't return messages left by The Associated Press, and a team spokesman said, "We're not going to comment on speculation."

A source close to Rambis told ESPN The Magazine's Ric Bucher that news of Rambis' firing is not true.

The Wolves have the No. 2 pick in the draft. Minnesota is still considering a number of trade options but hasn't decided yet and still is debating whether to draft Derrick Williams or Enes Kanter at No. 2, assuming Kyrie Irving goes No. 1 to Cleveland, sources told Katz.

Kahn and Rambis met for six hours last week, with Kahn asking his coach what he would change after posting a 32-132 record in two seasons. Rambis has two years left on his contract.

Minnesota is gathering information on University of Washington coach Lorenzo Romar as a candidate to replace Rambis, Yahoo! reported, but Romar said in a text message to ESPN he was unaware that he was being vetted and no deal is imminent.

Information from The Associated Press was used in this report.