Daryl Morey out as Rockets GM

Longtime Houston Rockets general manager Daryl Morey is reportedly stepping down from his position after working out an exit agreement with owner Tilman Fertitta.

Source: ESPN's Adrian Wojnarowski

ANALYSIS: Morey was the Rockets' GM since 2007, and played a major role in the sports analytics revolution on the basketball front. Under Morey, Houston made the postseason every year since 2012-13, but never progressed past the conference finals. Rafael Stone, current Rockets executive vice president of basketball operations, is expected to succeed Morey as general manager, according to Wojnarowski.