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UConn Huskies head basketball coach Jim Calhoun will officially announce retirement on Thursday, sources have told ESPN.

Calhoun will announce it at a press conference, which is expected to be scheduled for 2 P.M. ET. This also means that Kevin Ollie, the assistant head coach, will replace Calhoun at head coaching duties.

Calhoun helped the Huskies win three national titles, with the last being in 2011 when the Kemba Walker-led Huskies beat the Butler Bulldogs in the championship game. His other two came in 1999 and 2004.

The 70-year-old retires with 40 years of head coaching, having a total of 873 games won. He coached Northeastern at first before spending his last 26 years with the Huskies.

Calhoun will retire as being one of the best coaches to ever put on a suit in a college basketball court. However, what really is the sad part might be this past season when UConn was ruled ineligible for the NCAA Tournament due to low Academic Progress Rate scores.

However, it's best to look on from that and look at the true accomplishments Calhoun has achieved. Hats off to you, Jim, you had a great career.

Josh Dhani is the founder of FootBasket. You can read more about him at his website. Follow him on Twitter @joshdhani.

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