The Trail Blazers, who were eliminated in the first round of this season's National Basketball Association playoffs, released a statement saying Chad Buchanan, Portland's director of college scouting, would take over as acting general manager until a permanent replacement was found.
"The fit between Rich and our team simply wasn't right," Trail Blazers President Larry Miller said in the statement.
"This was a tough move because I respect Rich and he's a good person with many strong skills. But it simply wasn't a good match.”
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Cho, 45, was appointed to the role last July after team owner Paul Allen dismissed Ken Pritchard and Allen said he had made a mistake appointing Cho.
"This decision, as difficult as it was to make, reflects our willingness to admit and recognize that things haven't worked out," Allen said.
"We're going to be tough on ourselves in assessing what we could have done better and then go out and find the executive who is the best fit.”
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