Luke Walton leaves two days after Magic Johnson

Hall-of-famer Magic Johnson stepped down from his job as Lakers president earlier this week

Lakers general manager Rob Pelinka announced Walton's departure Friday, three days after the abrupt resignation of president of basketball operations Magic Johnson. "We wish Luke and his family the best of luck moving forward".

There were already rumblings that Walton would be fired in as early as the first few weeks of the season, but Lakers gave the 37 year-old coach a full season to prove himself. "This franchise and the city will always be special to me and my family". Walton leaves the team with two years remaining on his five-year deal.

Walton, who had his well-publicized run-ins with Johnson, lasted three seasons in Lakers-land, extending the now-futile franchise's streak without postseason ball to six years.

The Lakers improved their record in each of Walton's three seasons, but never finished higher than third place in the Pacific Division.

Walton may not be unemployed for long.

Walton's job was the subject of much speculation for several months now, and it will be one of the hottest jobs on the market now.

Leaving the Lakers this summer could be great for Walton, who was basically in a no-win situation in LA.

"I'm going to step down as the president", Johnson said.

"It affected us a lot", guard Kentavious Caldwell-Pope said. "They did everything right, I'll say that".

Rondo, who is on the sixth team of his career, praised Walton for his ability to relate to players. That's not fun for me.

The arrival of LeBron James created anticipation of the Lakers' return to the playoffs, but the 15-time All-Star forward injured his groin during a win over the Golden State Warriors on Christmas Day and missed 17 consecutive games.