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Sixers and Colangelo agree to part ways

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The Twitter scandal has resulted in Colangelo leaving the team.

NBA: Philadelphia 76ers at Atlanta Hawks Brett Davis-USA TODAY Sports

According to Adrian Wojnarowski of ESPN, the Sixers and Bryan Colangelo have agreed to part ways.

The Sixers have yet to confirm this report.

Stay tuned. We’ll have more news and reaction as the story develops.

UPDATE (12:00 pm):

UPDATE (12:04 pm): The Sixers have released a statement.

@Sixers on Twitter

UPDATE (12:09 pm): Paul, Weiss (the law firm investigating the scandal) has concluded that Colangelo’s wife was responsible for the Twitter accounts. While Bryan was unaware, he acted carelessly with sensitive information.

UPDATE (12:12 pm): Jerry Colangelo, WHO BY THE WAY WORKS FOR THE TEAM, threatened to damage team relationships if Bryan was fired, according Kyle Neubeck.