DALLAS (CBSDFW.COM/AP) – Early reports are saying that the Dallas Mavericks and Lamar Odom have reached an agreement to “part ways” immediately.

According to sources, the Mavs management team spent Easter Sunday setting up the deal that gives Odom the option to leave Dallas without being officially released. The Mavs still have the rights to trade Odom. No official statement has been released by the team.

READ MORE: 'I Just Think It's A Bad Dream': Parent Reacts After Pregnant Mother Of 4 Killed On Texas Highway

PLAY: New Scool talks with Elf  and Mike Fisher of DallasBasketball.com

He and the Mavs have been at odds since he became a part of the team in December of 2011.

READ MORE: Denton Police Mourning Passing Of Detective Rodney Mooneyham To COVID

In a statement, Odom says he’s sorry the relationship didn’t work out, and he wished the team well.

Odom, the NBA’s Sixth Man of the Year last season with the Los Angeles Lakers, averaged 6.6 points, 4.2 rebound and 20.5 minutes in his 50 games for Dallas. All were career lows.

(Copyright 2012 CBSDFW.com, CBS Local a division of CBS Radio Inc. All Rights Reserved. The Associated Press contributed to this report)

MORE NEWS: Dak TD Pass To CeeDee Lifts Dallas Cowboys To 35-29 Overtime Win Over Patriots

Also Check Out: