It's official ... no more reality show for Khloe Kardashian and hubby Lamar Odom!

E!'s Khloe & Lamar will end after this season. Kim's younger sis tells Entertainment Tonight:

"Our show is not cancelled. Lamar and I have chosen to take a break this summer. We've been on a whirlwind doing back-to-back shows, and we just want to take a little time off for Lamar to be with family time, kids, basketball, Olympics -- you never know. So, we have a lot on our plate right now."

As for whether Lamar's dismissal from the Dallas Mavericks had anything to do with the reality show ending, Khloe adds:

"The issue at hand is we just want to be happy. We'll take our time and we'll get back to it when it's time."

The two tied the knot back in 2009. We have a feeling Khloe & Lamar be back on the air sooner rather than later!

Khloe and Lamar are bailing on their E! spin-off, according to a new report.

Just a week after the family signed their new contract with E!, Khloe and Lamar will not shoot its third season, Us Weekly reports.

"Khloe has pulled the plug," a source close to Kardashian, 27, told Us.

It was a rough year for Odom, 32, who was traded to the Dallas Mavericks prior to the current NBA season and he lasted only four months until being released by the team. Rumors of a Laker return have since circled the NBA star.

Could the couple's decision not to continue their show be a sign Lamar is looking to prove to the Lakers he's fully focused on basketball and not his stardom as Mr. Kardashian?

Even if Khloe and Lamar don't return for another next season, the couple will periodically appear on Keeping Up with the Kardashians. And the report claims Khloe will do another spinoff with either Kim or Kourtney in the near future.

After shopping at the Jamaica Colosseum mall in New York, Lamar Odom took Kim and Khloe Kardashian to Lincoln park in Queens, which is where the NBA star shot hoops as a kid. Hey, now that he's no longer playing for a pro team, maybe he'll look into coaching basketball? Judging by Kim's form, he seems to be a natural instructor!

Click the gallery below for more pics ... and to see Khloe take a shot in these monstrous Louboutin boots!

The Kardashian family has just signed a $40 million deal for three more seasons of Keeping Up with the Kardashians with E!, according to TMZ.

This is the biggest deal in reality TV history, but get this -- it doesn't even include products associated with the show that the family can profit from.

Last year the family made a whopping $65 million (Kim herself is worth an estimated $30 million), and while they may be the highest paid family in reality television, we have to ask: Are they worth every penny?

The Kardashians are ready to take The Windy City by storm!

An overly-tanned Kimmy K (with Hermes Birkin in tow!) met up with sis Khloe at LAX to hop a flight to Chicago on Thursday afternoon.

The Keeping Up stars will be making an hour-long appearance at the Woodfield Mall today, to promote their new Sears clothing line with momager Kris Jenner.

The Kardashian girls must be huge in Chicago, because people lined up over a day in advance in the chilly weather just to get a glimpse of the reality stars in person.

Kim shared a Twitpic of her fans, with the caption: "Most dedicated fans ever!!! Can't wait to meet you guys tomorrow! Stay warm! Love you!”

Would you wait overnight in the cold to meet Kim, Khloe and Kris?

Michael Rozman/Warner Bros

Khloe Kardashian stopped by The Ellen DeGeneres Show this week to dish on being this month's Cosmo cover girl, how she feels about hubby Lamar leaving the Dallas Mavericks, Kim and Kanye West's "relationship," and what she really thinks of Kris Humphires!

Khloe confessed of her sexy Cosmo cover:

"I was so honored to be asked. I said, oh I think you sent this to the wrong sister They were like no, Cosmo wants you. It’s my first US big issue. It’s a big deal for me because I’ve always been ridiculed about my weight. They’re always saying, I’m not the prettiest sister or I’m too fat or that. So when they asked me to be a on a cover like Cosmo, it was a big deal for me to show off my curves and I don’t have to be a size zero to be on the cover."

The Keeping Up star received the bad news about her hubby the day she was jetting to LA for Ellen, and she Tweeted on Monday, "Heading to LA today because I am doing the Ellen show tomorrow. Why do I always have to leave when there is so much to do. I love Dallas."

Kardashian tells Ellen on her hubby leaving the Mavericks:

"We’re sad that especially with the season almost over and we’re not able to finish the season with the Mavericks. But it’s been such an amazing organization to be part of and to move to Dallas even though it was short, except for those tornados…"

Khloe also confessed that Kim and Kanye West's relationship could be the real deal!

"Honestly, we’ve known Kanye forever. He’s been a great family friend. I love Kanye. I don’t know what happens with Kim. I think they’re cute together. I’ve said that but honey, I don’t know you got to get her on the show and ask. Why don’t you get them both on the show ask them together. I think that they’re good friends and they’re compatible. I think a friendship is where good relationships stem from…."

And when Ellen asked about Kim K's most recent ex-hubby Kris, Khloe said she likes him as a person, but she did warn her sis against walking down the aisle before hand.

"I just did not like them together," she confessed. "I don’t know why no one else told her that. She got mad at me. I like being honest. You’ll get mad. You’ll get over it. You’re my sister there is nothing you can do. You’re stuck with me."

The Kardashians are the queens of multi-tasking, so it doesn't surprise us that during a photo shoot for their Christmas card last year, they also squeezed in an impromptu music video!

The Keeping Up With The Kardashians stars strut their stuff and sing along to "Lady Marmalade" like pros, and we are super impressed with Kris Jenner's dancing skills! Who knew the 56-year-old matriarch had moves?!

By now we all know Kourtney is expecting her second baby with beau Scott Disick, but at the time the vid was shot, the 32-year-old was still trying to conceal her pregnancy. We never would have guessed she had a baby on board with that bod!

Speaking of bodies, Khloe recently opened up to Glamour magazine about her momager's criticism of her weight. Click thru to see what she had to say...

Is there trouble in wedded paradise for yet another Kardashian sister?

It's recently been reported that Khloe Kardashian and hubby Larmar Odom have decided to call it quits on their two year union, but the voluptuous reality star has taken to her Twitter account to set the record straight.

After a fan asked if the reports were true, Mrs. Odom exclaimed, "where are you getting this from? Must be a slow day I guess....," before adding, "It shows you how sick people are. They would rather have pain then love...Sad world."

Khloe also backed up her comment by confessing, "I love that I married my bestie."

Do you think Khloe and Lamar are headed for splitsville?