The Atlanta Hawks and coach Mike Budenholzer have mutually agreed to part ways, Budenholzer told ESPN.
The Hawks announced the move later Wednesday night.
Budenholzer, the 2014-15 NBA Coach of the Year, and the organization of a split on Wednesday night.
"I am grateful for the five years that I spent as the coach of the Atlanta Hawks and will always "Budenholzer told ESPN on Wednesday night.
Budenholzer had two years and more than $ 1
Atlanta owner Tony Ressler and general manager Travis Schlenk met Budenholzer on Saturday night in Atlanta, USA, said: "The Hawks gave Budenholzer permission to speak with the Phoenix Suns and New York Knicks for their coaching openings last week. Budenholzer interviewed with the Knicks on Sunday, and he remains a candidate for the job, league sources said. He pulled out of contention for the Suns' job after several conversations with ownership and management.
Hawks rebuilding his roster. Atlanta has three first-round picks in the June NBA draft, and the no. 33 overall pick early in the second round. Atlanta also owns Cleveland's 2019 first-round pick, which is top-10 protected.
Charlotte Hornets assistant Stephen Silas, Portland Trail Blazers assistants Nate Tibbetts and David Vanterpool, and San Antonio Spurs assistants Ime Udoka and James Borrego.
Considered one of the NBA's best tacticians, Budenholzer thus had been the Hawks' president of basketball operations – until he surrendered front-office control with the arrival of Schlenk in the spring of 2017.  Budenholzer earned his coach of the year honors after a 60-victory regular season with the Hawks and a trip to the 2015 Eastern Conference finals. The Hawks reached the playoffs in four of his first five seasons. Atlanta dropped to 24-58 this season, with the organization's mandate to deliver salary and gather draft picks and future assets.
He compiled a 230-219 overall record, which included a 17-22 postseason mark.
Budenholzer spent 17 years as an assistant under Spurs coach Gregg Popovich before his hiring in Atlanta in 2013. He won four NBA titles as a member of Spurs' staff.