MIAMI -- Isiah Thomas arrived at Florida International knowing he was taking a risk.

Three years later, the school didn't see enough reward.

The Basketball Hall of Fame player was fired on Friday by FIU, after his teams went 26-65 in his three seasons. His hiring came out of nowhere in 2009 -- "No one thought we could pull this off," FIU director of sports and entertainment Pete Garcia proudly said at the time -- and in the end, so did his firing.

Thomas told ESPN.com senior writer Andy Katz he was stunned by the firing.

"This is the most surprising thing that has happened to me in basketball," Thomas said. "I never been fired before for basketball reasons. This is the first time.

"When I was in Toronto, I was trying to buy a team and I left. When I was in Indiana, Larry Bird told me that he liked what I was doing but he was closer to Rick Carlisle. The whole thing in New York was crazy. This is the first time someone told me that I was being fired for basketball reasons."

Thomas said he was conducting individual workouts on Friday before he was summoned to Garcia's office.

He said he also had recruits coming in this weekend and an assistant coaching candidate for a job.

Thomas said Garcia wouldn't get into specifics about why he was being fired. Thomas said the meeting took place at 1:30 p.m. ET. Thomas said he has two years left on his contract and a buyout wasn't discussed. He said he was so stunned he didn't ask.

Thomas said he told Garcia he should have at least been given five years to see a recruiting class through. Thomas said he was recruiting exceptionally well in Florida and in Chicago and Indiana and was close to turning the corner at FIU.

"We have a solid group of freshmen and sophomores," Thomas said. "They fired the whole staff. There is no one left. I feel bad for the kids. They are asking questions about what they should do. I'm trying to help but there is no one left here from our staff. I'm just stunned."

Florida International never generated the buzz it had envisioned in Isiah Thomas' three seasons. The Panthers averaged 1,071 fans at home this season, but nearly four times that many on the road. AP Photo/Lynne Sladky

FIU announced the decision earlier Friday in a simple three-line statement.

"We want to thank Isiah Thomas for his three years here at FIU," Garcia said. "However, we have decided to take the program in a different direction."

Thomas' former players, though, are not pleased.

"Everyone really, really took it hard," DeJuan Wright, FIU's leading scorer this past season, said Saturday. "It hasn't settled in. Besides basketball, everyone from top to bottom on our team looked up to coach Thomas. He has really helped us as men. I know that's cliche to say, but it's really, really true. He's really helped all of us as men, in the classroom and making sure we're doing the right things."

Wright was among several players who were working out in the FIU gym on Friday with Thomas, when news of the coach's firing broke.

Not long afterward, Wright and those same players were helping Thomas carry hastily packed boxes from his now-former office to his car.

"Surreal. It was bad, man," Wright said. "We're hurt. We're upset. It is a business, but this hasn't sunk in yet at all."

The Panthers were far from being a basketball power before Thomas arrived after a stint as coach and president of the Knicks. The school's last winning season was the 1999-2000 campaign and its winning percentage of .315 since, according to STATS LLC, is 329th out of 344 Division I men's programs that competed over the past 12 years.

So FIU turned to Thomas, but never won more than 11 games in any of his three seasons.

"What do I do now...never felt so lost!" FIU guard Tanner Wozniak wrote on Twitter moments after the firing was announced. "Why?"

The simplest answer is FIU didn't win.

"We just needed a break here or a break there, and it's not happening for us," Thomas said last month, shortly after FIU's 8-21 season ended with a loss to eventual Sun Belt tournament champion Western Kentucky. "I know we're getting there. We've had so many close games. If we keep working, good things will happen."

If so, they'll happen for someone else at FIU.

The timing might be perceived as somewhat unusual, given that FIU's season ended a month ago and that many offseason coaching changes are discussed and at times negotiated at the Final Four, which was last weekend in New Orleans.

University officials said Garcia did not plan to make any further public statement about the decision on Friday, only noting the search for the team's next coach would begin immediately.

Thomas took nothing in base salary for his first season and agreed to a deal where he would receive nearly half of any gross revenues from ticket sales, commissions collected on food and beverage concessions and sponsorships.

But FIU never generated the buzz that both it and Thomas envisioned. The Panthers averaged 1,071 fans at home this season, and nearly four times that many on the road.

"I like taking something from the bottom and trying to build it to the top," Thomas said in 2009. "There's a lot of risk in that and there is a lot of reward in that."

Thomas was chosen as one of the NBA's 50 Greatest Players after his career with the Detroit Pistons. His NBA coaching career started with the Indiana Pacers, and during a three-season stint there he never had a losing record and never missed the playoffs.

From there, he went to New York, first as president, then eventually its coach -- and a place that could be his next stop in some capacity.

With Thomas as president, the Knicks never won a playoff game, even though they often had the NBA's highest payroll. "Fire Isiah!" chants were common at Madison Square Garden, and he went 56-108 in his two seasons on the New York sideline, getting fired as coach following the 2007-08 season.

He remained with the Knicks in an unspecified role even after getting ousted as coach, even after a lawsuit brought by former team employee Anucha Browne Sanders that cost MSG $11.6 million. Sanders alleged she was sexually harassed by Thomas, who continually maintained his innocence and was never found personally liable.

And even when he was at FIU, the Knicks hired Thomas again, albeit briefly. Thomas accepted a job as a consultant with the team in August 2010, then had to decline the position less than a week later because it would violate certain NBA rules, including those prohibiting team officials from having contact with college players who are not eligible for the draft.

Thomas aided the Knicks during free agency in the summer of 2010, speaking to LeBron James and trying to sell him on choosing New York. James eventually signed with the Miami Heat. When the Knicks signed Amare Stoudemire that summer, Donnie Walsh -- who replaced Thomas as president and later fired him as coach -- thanked Thomas during the news conference.

This past offseason, when FIU hosted James, Dwyane Wade, Stoudemire, Carmelo Anthony and other players for a charity game during the NBA lockout, the players used official NBA basketballs. They were all stamped "New York Knicks."

"I've had my ups and downs," Thomas said when FIU hired him. "But don't expect me to just stay down, because that's not happening."

Information from The Associated Press and ESPN.com's Andy Katz was used in this report.