The fallout continues for the Houston Rockets. After losing former general manager Daryl Morey (now with the Philadelphia 76ers) and James Harden not too long ago, CEO Tad Brown has now announced his resignation from his current post.

Multiple outlets have confirmed the decision of the high-ranking executive:

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In case you forgot, the Rockets also lost former head coach Mike D'Antoni and nine-time All-Star Russell Westbrook during the offseason. Needless to say, there appears to be some major issues going on within the organization right now. As the CEO, Tad Brown functions as the captain of the ship, and for him to abandon his post speaks volumes of how dire the situation has become within the team.

To be clear, Brown did not provide the details of why he has decided to step down at the conclusion of this current season. This could very well have been brought about by personal reasons or by external issues that are beyond his control. Then again, if you try and interpret the signs, it's probably safe to say that there are some pretty big problems down in Houston right now.

As for their basketball, the Rockets have emerged as one of the bottom-dwellers in the NBA this season. As a matter of fact, they currently hold the worst record in the league with a 15-44 standing.

Sorry to tell you Rockets fans, but there appear to be some deep-rooted issues within the team right now. Hopefully, team owner Tilman Fertitta will be able to address the issues and fix the team as they try to get back to title contention next season.