Microtubule nucleation is mainly mediated by the γ‐tubulin ring complex (γTuRC), whose core components are γ‐tubulin and γ‐tubulin complex proteins GCP2–6. A substantial fraction of γ‐tubulin also exists with GCP2 and GCP3 in a tetramer called the γ‐tubulin small complex (γTuSC). To date, the mechanisms underlying the turnover of γ‐tubulin and GCPs have remained unclear. Here, we show that γ‐tubulin, GCP2, and GCP3 are proteolyzed by the ubiquitin‐proteasome system, and we identify cullin 1, cullin 4A, and cullin 4B as the E3 ligases that mediate the ubiquitination and, consequently, the degradation of γ‐tubulin. Notably, we found that γTuSC disassembly promotes the degradation of γ‐tubulin, GCP2, and GCP3, which indicates a role for γTuSCs in the stabilization of its components.