Steve Kerr won't return as general manager of the Phoenix Suns despite building a team that made a surprising run to the NBA's Western Conference finals.

Kerr said at a news conference on Tuesday that the decision was a personal one. He insisted reports of a contract disagreement with owner Robert Sarver were untrue.

"This has nothing to do with money or contracts or anything like that," he said. "This is a professional and a personal decision that I'm very, very comfortable with. My family's excited about it, too."

The announcement of his departure came just 2 1/2 weeks after he expressed excitement about his future with the Suns and confidence he and Sarver would come to an agreement on a new contract.

"It's always important to take a little down time after a season ends to let the emotion kind of simmer and make a clear-headed decision," Kerr said.

He said "a couple of opportunities" to get back into broadcasting have surfaced in the past few weeks.

Kerr was a TNT color commentator for NBA telecasts for four years before Sarver hired him three years ago. He said in an interview with the Associated Press a month ago that he sometimes longed for the simpler days behind the microphone.

Kerr, who commutes from his home in San Diego, said he would stay on the job until his contract expires at the end of June. The NBA draft is June 24.