Lamar Odom Leaves Dallas Mavericks, Effective Immediately; Team Retains NBA Star's Rights

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Lamar Odom's time as a member of the Dallas Mavericks has come to an end. The NBA star left the team today, ending a short and unsuccessful tenure in Big D.

According to ESPN, an agreement reached Sunday allows the two sides to part company immediately, without the Mavericks having to officially release Odom.

The unusual move means the struggling 13-year veteran is now off the Dallas roster for the remainder of the season, but rights are retained by the Mavericks.

The Mavericks and I have mutually agreed that it's in the best interest of both parties for me to step away from the team," Odom said in a statement to ESPN.

Lamar Odom in Dallas

"I'm sorry that things didn't work out better for both of us, but wish the Mavs' organization, my teammates and Dallas fans nothing but continued success."

Sources said Odom's immediate departure allows the Mavs to list him as inactive, but not cut him, leaving open the possibility that they could still trade Odom.

Any team that has Odom on its roster as of June 29 must buy him out by that date for $2.4 million or pay the full $8.2 million Odom is set to earn in 2012-13.

The Mavs acquired the 13-year veteran before the season started in what looked like a steal of a deal with the L.A. Lakers. Wishful thinking, it turned out.

At the time of the trade, the Mavs were thought to have scored a huge coup - the reigning Sixth Man of the Year to help cushion the loss of Tyson Chandler.

That vision never materialized, though, as he struggled terribly. As we saw on last night's Khloe & Lamar, his head, heart and reality show were always in L.A.

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Lamar Odom Biography

Khloe Kardashian and Lamar Odom
After bouncing around the NBA for years, Lamar Odom became a valuable member of the Los Angeles Lakers. He's won multiple world titles as... More »
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Lamar Odom