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Sep 12, 2012 7:36 PM by cbssports.com

UConn head coach Jim Calhoun to retire

One of the most legendary coaching careers in college sports is coming to an end. Jeff Goodman has confirmed longtime UConn basketball coach Jim Calhoun will retire.

Connecticut's NBC 30 first broke the news Wednesday night that 70-year-old Calhoun is leaving his post with the Huskies after 26 years with the school and 40 years coaching overall. It's an oddly timed ending for the proud and controversial Calhoun, who injured his hip while riding a bike in early August and had recently publicly put his commitment to continue coaching into question.

The school has scheduled a 2 p.m. press conference for Thursday for the formal announcement.

CBSSports.com has also learned UConn assistant coach Kevin Ollie met with school administrators Wednesday night. The discussion likely centered on Ollie's role with the team going forward, but it is currently uncertain whether A) UConn brass would be offering Ollie a full-time job/contract or an interim title as coach of the team, and B) if it was interim-only, would Ollie take the job offer on those terms?

There is a chance he could turn down the interim offer, just as Mike Dunlap did at Arizona after Lute Olson retired a few years ago.

Calhoun has long been a vocal advocate for Ollie, a former UConn player, to succeed him as coach of the team. A retirement decision by Calhoun this close to the start of the season -- the start of practices is officially one month away -- could mean UConn has little choice but to go with Ollie in the interim.

Beyond the unusual timing of the retirement, Calhoun also steps away on the brink of his team being ineligible for the 2013 postseason due to low APR scores. It cannot play in the Big East and any other postseason tournament at the end of the upcoming season.

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