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Carlesimo out as Nets coach after playoff ouster

Updated: May 5, 2013, 2:16 PM ET
Associated Press

NEW YORK -- After spending $350 million to upgrade their roster last summer, the Brooklyn Nets will start this offseason by looking for a coach.

The Nets announced Sunday that P.J. Carlesimo wouldn't return, hours after they were eliminated in the first round of the playoffs.

Carlesimo helped the Nets finish 49-33 after replacing the fired Avery Johnson in December, earning the No. 4 seed in the Eastern Conference.

But they spotted the Chicago Bulls a 17-point halftime lead ...

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