Daryl Morey Houston Rockets
Photo: Bill Baptist, NBAE/Getty Images

Houston Rockets general manager Daryl Morey is stepping down, according to Adrian Wojnarowski.

After the Rockets were eliminated from the playoffs this season, Morey approached owner Tilman Fertitta with the idea of leaving his job and the two sides “quietly” worked to reach an exit agreement, Wojnarowski adds.

Morey is reportedly “increasingly determined” to find what else might interest him professionally.

He also plans spend time more time with family, as he has two college-age children who are taking a gap year during the coronavirus pandemic.

For now, Morey will remain in an advisory role with the team to help fill the head coaching vacancy.

The Rockets are planning to promote executive vice president of basketball operations Rafael Stone to general manager, according to Wojnarowski.

Stone has played a significant part in the Rockets’ team building throughout his tenure with the organization.

The Rockets also promoted Eli Witus to assistant general manager.

Morey’s decision was “100 percent” his own, according to Jonathan Feigen of The Houston Chronicle.