Rod Thorn, the President of Basketball Operartions for the New Jersey Nets, will step down from his position on July 15 according to ESPN's Chris Broussard.
Thorn is under contract through June 30 but will remain for two weeks to help the club through the first two weeks of the free-agency period according to the ESPN report. The report also mentions that Thorn is not being forced out by the Nets' new owner, Russian billionaire Mikhail Prokhorov, and there is no tension between the two.
Thorn was named executive of the year in 2002 after the Nets went to the NBA Finals for the first time in franchise history and was also the general manager of the Bulls when Chicago landed Michael Jordan in the 1984 draft.
Broussard speculates that this could hurt the Nets run at a big-time free agent as well.
The move leaves the Nets in a quandary. There is no apparent successor within the organization and the uncertainty will undoubtedly hurt the Nets' ability to recruit free agents.
Be sure to check SB Nation's NetsDaily as more develops on this story.