Jim Larrañaga is stepping down as Miami’s men’s basketball coach effective immediately, a person with knowledge of the decision said Thursday.

Jim Larrañaga — a winner of 744 games — will step down as coach at Miami, effective immediately, later today, AP source says. Bill Courtney will be promoted to head coach for the remainder of the season. News conference this afternoon following team meeting.

Miami Hurricanes men’s basketball head coach Jim Larrañaga – the winningest head coach in program history – has stepped down from his position in the middle of his 14th season in Coral Gables, Florida. His decision comes less than two years after he led Miami to its first men’s Final Four.