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Closing Bell

Magic Part Ways With GM Otis Smith, Coach Stan Van Gundy

The Magic today announced that they have "agreed to part ways" with GM Otis Smith, and that they have dismissed coach Stan Van Gundy. The moves follow "perhaps the most turbulent season in team history," and "many within the organization believed that the only way the team could hope to retain" C Dwight Howard was to part ways with Smith and Van Gundy. Smith was promoted to GM in May '06 and "promoted again to president of basketball operations (while retaining the title of GM)" in '10 (ORLANDOSENTINEL.com, 5/21).

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