The 70-year-old Hall of Famer spoke Thursday at a news conference to announce he is stepping down. The event was held on the court in Storrs, where Calhoun racked up many of his 873 total wins.
In thanking administrators, players, fans and his family, the longtime coach said he feels blessed and is grateful that "you trusted us."
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.
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