All the speculation over whether UConn Coach Jim Calhoun's will retire is over. He will return to UConn basketball for more than just another season.
In a statement released Thursday night, Jim Calhoun said, "I think it is important for me to put the recent questions about my future to rest and make it clear that I will be signing a new contract at UConn. I plan to continue working hard to get us back to where we expect to be as a basketball program and hope that this agreement will show people that I am committed to the future of UConn Basketball."
Earlier this week, a report surfaced that Calhoun was going to retire. He said on Tuesday that he hadn't made a decision and would evaluate his future at the end of the season, so his Thursday announcement put an end to the speculation.
The statement did not address any details of the contract but a source close to Calhoun tells NBC Connecticut's Kevin Nathan that Calhoun will work for UConn for "a good long time."
ESPN reports that Calhoun's contract is for four more years. That would keep the 67 year old busy coaching into his 70s.
Calhoun's announcement comes after a disappointing week for the Huskies, whose loss on Tuesday dashed the chance for the team to go to the NCAA tournament. They'll find out this weekend if they get a bid in the NIT - National Invitational Tournament.
UConn Director of Athletics, Jeffrey Hathaway, said he is "excited that Jim has decided to continue coaching at the University of Connecticut and look forward to having a signed contract in the hear future to make it official."
So now it looks like Calhoun's future is here and it's going to last for quite some time.