Dunleavy joined the franchise as head coach in 2003-04, a role he served until stepping aside in February to focus solely on his front office duties. That move was short-lived.
"The organization has determined that the goal of building a winning team is best served by making this decision at this time," the statement read. "The team has simply not made sufficient progress during Dunleavy's seven-year tenure. The Clippers want to win now. This transition, in conjunction with a full commitment to dedicate unlimited resources, is designed to accomplish that objective."
According to the team's press release, "Olshey has played an important role in the completion of several significant team transactions, including the deals which brought Marcus Camby, Craig Smith, Rasual Butler, Steve Blake, Travis Outlaw, and Drew Gooden to the Clippers, among others. He also played a integral part in administering all preparation for the Clippers' last four NBA Drafts, which produced Al Thornton, Eric Gordon, DeAndre Jordan, and last year's No. 1 overall pick, Blake Griffin."