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Out of magic, Wizards fire prez Ernie Grunfeld

The Washington Wizards have fired president Ernie Grunfeld, the team announced.

Washington is next to last in the Southeast Division with a 32-46 record and has been eliminated from playoff contention.

"We did not meet our stated goals of qualifying for the playoffs this season and, despite playing with injuries to several key players, we have a culture of accountability and a responsibility of managing to positive outcomes," team owner Ted Leonsis said in a news release.

"I wish to thank Ernie for his service to the Washington Wizards. He and his family have been great leaders in our community and have worked tirelessly to make us a top NBA franchise.