Posted: Sep 13, 2012 1:59 PM
Updated: Sep 13, 2012 2:05 PM
HARTFORD, Conn. (AP) - Jim Calhoun is officially retiring as men's basketball coach at Connecticut after a 40-year college career and three national championships.
The 70-year-old Hall of Famer and the school released a statement shortly before a news conference at center court in Storrs, where Calhoun led the Huskies for the past 26 seasons, racking up 625 of his 873 wins.
Calhoun will take a transition appointment through next spring as a special assistant to athletic director Warde Manuel. When he is fully retired, Calhoun will become head coach emeritus.
Calhoun has been slowed by health problems in recent years including a fractured hip last month.
Assistant coach Kevin Ollie, who played point guard for Calhoun from 1991-95, will be the Huskies' new coach. His contract runs through next April 4 and he will be paid $625,000.
(Copyright 2012 The Associated Press. All rights reserved.)