The Dallas Mavericks and power forward Lamar Odom have mutually agreed to part ways, according to ESPN.
"The Mavericks and I have mutually agreed that it's in the best interest of both parties for me to step away from the team," Odom said in a statement to ESPN.com. " I'm sorry that things didn't work out better for both of us, but I wish the Mavs' organization, my teammates and Dallas fans nothing but continued success in the defense of their championship."
On Sunday, Odom and the Mavericks discussed and agreed on a mutual parting which freed the center from the team without being released. Instead, the team intends to list him as inactive for the rest of the season. This scenario allows Odom to be traded after the season, although any team that wants him on the roster by June 29 will have to buy him out for $2.4 million.