PORTLAND — The Portland Trail Blazers have hired former Los Angeles Clippers GM Neil Olshey as the team’s new general manager.

The announcement by the Blazers on Monday came less than an hour after the Clippers announced that they and Olshey had decided to part ways.

Last season, Olshey oversaw a major retooling of the Clippers’ roster that included signing All-Star Chris Paul in December in the biggest trade in franchise history. In the same six-day span, Olshey signed All-Stars Caron Butler and Chauncey Billups, and re-signed DeAndre Jordan.

The Clippers finished with a 40-26 record and reached the second round of the playoffs.

The Blazers have been operating under interim GM Chad Buchanan for the past year. Buchanan took over when the Blazers fired Rich Cho after about 10 months on the job.

Olshey becomes the 10th general manager in Blazers history.

“Neil is someone we’ve had on our radar for quite a while. Over the past two seasons he has demonstrated success in constructing a roster, managing salary cap and evaluating player talent,” Blazers President Larry Miller said in a statement. “We feel very fortunate to have him in Portland and are thrilled about what this means for the future.”

The Blazers say they are planning a news conference for today.

— The Associated Press