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UConn men's basketball coach Jim Calhoun's retirement is imminent, a source close to the coach tells NBC Connecticut.
Calhoun, 70, coached the Huskies to three national championships -- in 1999, 2004 and 2011 -- during his 26-year-tenure as head coach.
Calhoun told NBC Connecticut's Kevin Nathan Wednesday that nothing official has been finalized.
"Don't be surprised by anything, even this week," Calhoun said.
It is a matter of Calhoun and his agent "dotting the 'i's' and crossing the 't's'," according to NBC Connecticut's source.
A second source said Calhoun wants to meet with his players in person before any announcement is made.
UConn faces a postseason ban for the 2012-2013 season for failing to maintain an NCAA academic requirement for the 2007-2010 seasons.
Calhoun's plans for the future became more uncertain after the coach fractured his hip when he fell during a bike ride in August.
In addition to his three national titles, Calhoun has seven Big East Tournament titles, four Final Four appearances and has won more than 600 games at UConn. He was elected to the Naismith Memorial Basketball Hall of Fame in 2005.
It has been no secret that Calhoun wants his former player and current assistant coach Kevin Ollie to succeed him as head coach, but UConn Athletic Director Warde Manuel has said there is no coach-in-waiting when Calhoun retires.