During the 2004 offseason, the team entered the rebuilding phase when O'Neal was traded to the Miami Heat for Lamar Odom, Brian Grant, Caron Butler and a first-round draft pick. The team also traded Rick Fox and Gary Payton to the Boston Celtics, for Chris Mihm, Marcus Banks, and Chucky Atkins. Derek Fisher, frustrated with losing playing time, opted out of his contract and signed with the Warriors. As Phil Jackson was not brought back to coach the team for the 2004–05 season, the team hired Rudy Tomjanovich. With only Kobe Bryant remaining on the team, they finished with a 34–48 record in 2004, missing the playoffs for the fifth time in their franchise history. Since the team failed to make the playoffs, the team was in the 2005 Draft Lottery, their first since 1994. (*)