“Panathinaikos BC announces the termination of its contract with Aleksandar Djordjevic,” the club said on their official website (www.paobc.gr) after the outcome gave Laboral a 3-0 win in their best-of-five quarter-final series.
Djordjevic, who won a haul of medals in major events for his country and clinched the 1992 Euroleague with Partizan Belgrade as a player, broke into the spotlight as a coach after steering Serbia to the 2014 World Cup silver medal.
He also had a brief spell with NBA outfit Portland Trail Blazers in 1996 and took over at Panathinaikos last June after finishing fourth with Serbia in the 2015 European championship.
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