Lance Blanks is out as Suns general manager.

The Suns announced Blanks' dismissal Monday in a news release from president of basketball operations Lon Babby.

“Lance has been a trusted friend and colleague,” Babby said. “I thank him personally and professionally for his hard work on behalf of the Suns. We will continue to prepare for the offseason even as we look for his replacement.”

Blanks was originally named to the post on Aug. 5, 2010, after serving in the front offices of the Cleveland Cavaliers and San Antonio Spurs. He and Babby were hired in tandem after Steve Kerr resigned to return to his role as a television analyst.