[desertrat]

Apprently Lute Olson will be stepping down as head basketball coach due to health issues.

ESPN - Source: Lute Olson to step down as Universtity of Arizona coach

[desertrat]

According to inside sources, Lute told the University about it yesterday and the story was supposed to be announced tomorrow, it leaked out this morning. Official announcement may come later today.

[desertrat]

There is now a press conference scheduled for 2PM here in Tucson to make the official announcement. The coaches have been contacting all the recruits and players to let them know first.....apparently top PG recruit Abdul Gaddy heard it from UCLA coaches first.

[Quality88]

TUCSON, Ariz. -- Arizona coach Lute Olson has retired after 25 years with the Wildcats.
"This was not a decision that was made lightly," Olson said in statement. "I've had a wonderful run at The University of Arizona. I leave with a great sense of pride in what we have accomplished here."
Speaking at a brief news conference at McKale Center, Arizona athletic director Jim Livengood did not designate a successor -- even on an interim basis. He said a national search would begin soon.
"I do not have a decision at this point in time in terms of who's going to head our men's basketball program," Livengood said. "But that will be announced in the very, very short future."

ESPN's Dick Vitale first reported the story, saying Olson would be replaced by assistant coach Mike Dunlap, a former Denver Nuggets assistant and Metro State coach who joined the program in May.

ESPN - University of Arizona announces Lute Olson's retirement

and there ya go.