MEMPHIS, TENNESSEE - APRIL 18: Head Coach Jason Kidd of the Dallas Mavericks reacts against the Memphis Grizzlies during the game of the Play-In Tournament at FedExForum on April 18, 2025 in Memphis, Tennessee. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Justin Ford/Getty Images)

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Masai Ujiri is making his presence felt with the Dallas Mavericks already.

The team’s new president parted ways with head coach Jason Kidd, the franchise announced Tuesday evening.

Kidd had four years and more than $40 million remaining on his contract, per ESPN’s Shams Charania.

“Jason has had a meaningful impact on the Dallas Mavericks, both as a Hall of Fame player and as the head coach who helped lead this franchise back to the NBA Finals,” Ujiri said in a statement. “We are thankful for Jason’s leadership, his professionalism and his commitment to the team. In my short time here, I’ve developed an enormous amount of respect for what he has built. He will always be an important part of the Mavericks family.”

Kidd, 53, won an NBA championship with the team as a player (2011). He coached the Mavericks for five seasons, taking the team to the Western Conference Finals in 2022 and the NBA Finals in 2024. Dallas finished 26-56 this season.

“As we evaluate the future of our basketball program, we believe this is the right moment for a new direction for our team,” Ujiri said. “We have high expectations for this franchise and a responsibility to build a basketball organization capable of sustained championship contention. We will conduct a thorough, disciplined search for our next head coach and continue to evaluate our entire basketball operations staff to ensure we compete at the standard Mavs fans expect and deserve.”

Former Dallas GM Nico Harrison traded Luka Doncic at the deadline in 2025 in what is considered by many among the worst trades in NBA history, if not the worst.

The Mavericks then proceeded to win the NBA Draft Lottery and earned the right to draft Duke star Cooper Flagg last summer. Flagg, who enjoyed a close relationship with Kidd, went on to win NBA Rookie of the Year honors.

Harrison was fired last November and the Mavericks finished 26-56 this past season while dealing with a slew of injuries, including to Kyrie Irving (ACL) and Dereck Lively II (foot surgery).

The Mavericks own the No. 9 and 30 picks in this summer’s NBA Draft.