Memphis, TN (My Sportsbook) - Sidney Lowe resigned as the Memphis Grizzlies head coach on Tuesday. The Grizzlies have yet to collect a win in eight games this season, matching their worst start in franchise history.

"There are several reasons," Lowe told Commercial Appeal. "I just felt it was best for the franchise and for me that I move on. It was just too much."

Memphis president of basketball operations Jerry West accepted Lowe's decision. The Grizzlies are off to an 0-8 start for the second straight year. Memphis is expected to announce a successor at a press conference later Tuesday.

Lowe, who was the fifth head coach in the Grizzlies' eight-year history and was in his third season, led Memphis to a franchise-best 23 wins in each of his first two campaigns. He was hired on June 1, 2000.

Lowe began his coaching career in 1991-92 as an assistant with the Minnesota Timberwolves. One season later, he took over as the head coach midway through the campaign and led the Wolves to a 13-30 record. The next season was his first full campaign but Minnesota finished with a 20-62 record.