Tim Floyd Resigns From USC

Tim Floyd resigned as basketball coach at Southern California, a month after being accused of giving $1,000 to a man who helped steer star player OJ Mayo to USC.

Floyd submitted a one paragraph letter of resignation to USC athletic director Mike Garrett, which read:

“As of 1 p.m. today, I am resigning as head basketball coach at the University of Souithern California. I deeply appreciate the opportunity afforded me by the university, as well as the chance to know and work with some of the finest young men in college athletics. Unfortunately, I no longer feel I can offer the level of enthusiasm to my duties that is deserved by the university, my coaching staff, my players, their families, and the supporters of Southern Cal. I always promised my self and my family that if I ever felt I could no longer give my full enthusiasm to a job, that I should leave it to others who could. I intend to contact my coaching staff and my players in coming days and weeks to tell them how much each of them means to me. I wish the best to USC and to my successor.”