Posted Jul 7 2012 4:11PM
PORTLAND, Ore. (AP) -- Larry Miller has resigned as president of the Portland Trail Blazers.
The team announced Miller's surprising departure Saturday. The team says he is leaving to take a position with another Portland-area business.
Miller was president of the Blazers the past five years. He helped oversee the team's hiring of Neil Olshey as general manager early last month.
During Miller's tenure, the Blazers returned to the postseason for the first time in six seasons, making three straight trips to the playoffs from 2009-2011. Portland was 28-38 last season and missed the playoffs.
Additionally, the Blazers have led the Western Conference in average home attendance for the last four seasons.
"We have an excellent general manager in place in Neil Olshey, so I feel the team is on solid ground and headed in the right direction," Miller said in a statement released by the team. "Off the court, business is great. The Rose Garden is packed every night and the passion of Trail Blazers fans has never been better."
On Twitter, Blazers owner Paul Allen said it was "sad to see Larry Miller leave" for another job and that a search for his replacement is under way.
Miller came to the Blazers from Nike's Jordan Brand, and The Oregonian reported Saturday morning that he is leaving the Blazers to return to the company.
Miller had two years left on his contract with the Blazers.
The Blazers said Olshey will handle basketball operations in Miller's absence and Sarah Mensah, the team's chief operating officer, will be in charge of business operations.
|December 27th: The Zap|
Zip through an 11-game night in Saturday's Daily Zap.
|December 27th: Top 10|
Ten awesome plays from Saturday are all bundled up neatly in this edition of the Top Ten.
|Anthony With 36 And 11|
Carmelo Anthony scores 36 points, grabs 11 rebounds, and dishes out 6 assists in a tough overtime loss to Sacramento.
|Knicks vs. Kings|
DeMarcus Cousins scores a season-high 39 points with 11 rebounds, Rudy Gay adds 29 as the Kings top the Knicks in overtime 135-129.
|Timberwolves vs. Warriors|
Stephen Curry scores 25 points, Klay Thompson adds 21 as the Warriors rout the Timberwolves 110-97.