The Oklahoma City Thunder announced Tuesday that they had reached a mutual agreement with Billy Donovan so that next season he would not continue to lead the team as coach after five seasons of holding the position.
"I have great respect for Billy and will always appreciate our work together. He is an excellent basketball coach and we are proud of what he has accomplished with the Thunder," said the executive vice president and general manager of Thunder, Sam Presti.
The Thunder manager explained that at the end of the season he met with Donovan to discuss the best options for the team for the future.
"In the end, after a clear and transparent dialogue with all the information on the table for the coming seasons, we both thought that it was best to start new paths separately" Presti noted.
Donovan, 55, was named Thunder coach on April 30, 2015 after serving the previous 19 years at the University of Florida .
During the past five seasons as a coach, Donovan led the team to a 243-157 (60.8) record resulting in playoff appearances in each season he was leading the team.
"Coaching the Oklahoma City Thunder the past five seasons has been a great honor, and I thank Mr. Bennett, Sam, and the entire organization for the opportunity," Billy Donovan stated in an official statement. "I have great respect and admiration for the players I coached in Oklahoma, as well as the assistants I worked with."