| Walton spent three seasons at the helm of a 
				team that struggled to find the right pieces to complement 
				15-time All-Star LeBron James in his first season in Los 
				Angeles.
 "We would like to thank Luke for his dedicated service over the 
				last three years," Lakers general manager Rob Pelinka said in a 
				press release issued on Friday.
 
 "We wish Luke and his family the best of luck moving forward."
 
 Walton said he was grateful to team owner Jeanie Buss for the 
				chance to coach the team, where he won two championships as a 
				player.
 
 "I want to thank Jeanie Buss and the Buss family for giving me 
				the opportunity to coach the Lakers," he said.
 
 "This franchise and the city will always be special to me and my 
				family."
 
 Former Cleveland Cavaliers coach Tyronn Lue is seen as an early 
				frontrunner for the job, according to ESPN.
 
 Lue, who won two championships with the Lakers as a player, 
				coached James to a championship with the Cavaliers in 2016.
 
 (This story corrects number of seasons Walton was Lakers coach 
				in para 2)
 
 (Reporting by Rory Carroll; Editing by Ken Ferris)
 
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