Long time U of A head coach Lute Olson is retiring, though I can't yet find an Internet link to confirm. Assistant Mike Dunlap is reportedly being tabbed as the interim coach and Arizona will conduct a national search for a replacement (per ESPN broadcast).
I hope Mr. Olson is in good health, he's not a young man and given last year's leave of absence this year's abrupt departure is odd.
Maybe he's found an even younger woman to fool around with.
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I suspect it's a health issue. I've never cared for Lute, but I hate to see anyone in poor health. I'm totally WAG'ing here, but he built this program from scratch and like cubsfan said - the scenario with O'Neill and letting Josh Pastner et al. leave makes no sense with the timing of his departure.
It certainly can't hurt. As a Raptor fan I have no confidence at all that the current regime has a clue about hiring a GM. All the people they have looked at so far do nothing for me in terms of making me think they can build a winning team.