New Jersey Nets owner Mikhail Prokhorov said Wednesday he will retain team president Rod Thorn, but will not ask general manager Kiki Vandeweghe to return when his contract expires this summer.
"His agreement expires this summer and I wish him well," Prokhorov told reporters.
Vandeweghe, reached for comment on a plane as he was about to embark on a scouting trip, said: "I hadn't heard anything." He declined additional comment, The Wall Street Journal reported.
Vandeweghe also coached the Nets this season, taking over after Lawrence Frank was fired following an 0-16 start. The team went 12-52 with Vandeweghe as coach. New Jersey finished with the franchise's worst record and only the fifth 70-loss season in league history.
NBA owners approved the sale of the Nets to the Russian billionaire last week.
On Tuesday, the Nets were forced to settle for the third pick in next month's draft despite having the best chance to win the lottery.
Information from The Associated Press was used in this report.