Duke's Mike Krzyzewski has announced he will not be returning to coach the U.S. men's basketball team in the 2016 Summer Olympics in Rio de Janeiro.
The announcement was made Tuesday on ESPN Radio
's "Mike & Mike in the Morning" show on which Krzyzewski said his successor will likely be named this summer by USA Basketball chairman and president Jerry Colangelo.
"I've loved, loved, loved, and it's been an honor being with the USA Basketball team," Krzyzewski said. "And to coach the team and work with [Jerry Colangelo] for seven years has been marvelous. And we're in a good spot, we need to keep building."
Shortly after he was selected to be chairman of the USA Basketball team, Colangelo hired Krzyzewski in 2005 after the team won a disappointing bronze medal in the 2004 Summer Olympics.
Krzyzewski's teams went on to win gold medals in the 2008 Summer Olympics and 2012 Summer Olympics.
Who will succeed Krzyzewski as the head coach of the USA Basketball team is already being discussed, with Sport's Illustrated contributor Ben Golliver suggesting the leading two frontrunners are Spurs coach Gregg Popovich and Celtics coach Doc Rivers.
Other NBA head coaches suggested by Golliver include The Miami Heat's Erik Spoelstra, Dallas Mavericks Rick Carlisle, and Indiana Pacer's Frank Vogel.
Former Los Angeles Laker's head coach Phil Jackson, who won 10 championships between 2000 and 2010, was also floated by the Los Angeles Times.
In addition to his success coaching the USA Basketball team, Krzyzewski is the winningest coach in NCAA Division I men's basketball history. The Duke Blue Devils head coach earned the honor in November 2011 when he surpassed his former coach, Bob Knight, with his 903rd victory, beating Michigan State in Madison Square Garden.
Before coaching at Duke University Krzyzewski was the head coach of the Army Cadets at West Point, his alma mater.
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