Jerry West, a consultant to the Lakers since he resigned after the 1999-2000 season, would leave the organization for "the perfect situation," according to a source close to West and the club, but so far he is content in semi-retirement, according to the LA Times.

Since he left the Lakers, West has denied various reports that said he was close to taking jobs elsewhere, most recently in Atlanta. West, 63, the builder of a Laker dynasty in the 1980s and a budding one now, remains a highly sought executive and basketball mind. But, the source said, nothing has yet met West's rigid requirements of opportunity and challenge.

"If the right opportunity presented itself, he would move on," the source said. "Until he sees it, however, it is impossible to know what it is. He is eyeing nothing right now. But, he will work [full-time] again."

West remains on the Laker payroll and is a frequent contributor to decisions of personnel and philosophy, though General Manager Mitch Kupchak and Coach Phil Jackson are the primary basketball decision-makers. West was with the team in training camp in Honolulu, but insists on a low profile.