Holy smokes!! According to DMN's Tim MacMahon, Bob Knight has resigned, effective immediately. I'm in shock. I'm sure I'll have more details as they become available. Completely in shock.
Update [2008-2-4 20:10:52 by Seth C]: Per ESPN, here's a quote from Texas Tech spokesperson, Sally Logue Post:
Update [2008-2-4 20:22:57 by Seth C]: ESPN's Andy Katz:
Update [2008-2-4 20:31:25 by Seth C]: Per the Lubbock Avalanche Journal:
"My thinking was that for Pat and for this team — most of which is returning next year — the best thing for the long run for this team would be for Pat and his staff to coach these remaining 10 games," Knight said. "And (to) get an understanding, get a real feel for each other, be able to think over the course of the spring and summer going into next season about how people had played, how things had been done offensively or defensively, what could be done or couldn’t be done, what to stay away from, what to work on and develop that from a game standpoint as the coach in charge of everything rather than as an assistant coach.
"It was always a problem for me as to just what would be the most effective way in this transition, to make this transition. And with all the thought that I put into it, that’s exactly how I felt that it should be."