Memphis Grizzlies CEO Jason Levien has resigned after a clash with the owner Robert Pera, according to a report from ESPN.com's Marc Stein.
Stein reports that assistant general manager Stu Lash, who joined the team in 2012, was dismissed. A team statement announced that general manager Chris Wallace will take over the Grizzlies' basketball operation on an interim basis.
Stein also speculates about the future of vice president John Hollinger and head coach Dave Joerger. Both were reportedly chosen by Levien, and their futures with the team could be up in the air, depending on who takes over the Memphis front office.
Memphis won 50 games this season and finished as the No. 7 seed in the Western Conference. The team pushed Oklahoma City to a Game 7 in the first round of the playoffs but fell short of advancing.
Pera purchased the team in 2012 and, at 36 years old, is the youngest owner in the NBA.
Hearing major shakeup forthcoming in Memphis: Team CEO Jason Levien is poised to resign from club after assistant GM Stu Lash was dismissed — Marc Stein (@ESPNSteinLine) May 19, 2014
Future of MEM coach Dave Joerger & executive VP John Hollinger uncertain after clash between Grizz owner Robert Pera and current management — Marc Stein (@ESPNSteinLine) May 19, 2014
Here's the Grizzlies release on Jason Levien and Stu Lash: pic.twitter.com/91hfOFYZut — Tom Lorenzo (@TomLorenzo) May 19, 2014