"I just didn't feel like I could successfully navigate this whole new world that I was dealing with," Larrañaga, 75, said.

Larranaga, who turned 75 in October, has been coaching for five decades and was under contract through the 2026-27 season. He lamented how the sport has changed with NIL and the transfer portal, saying he was “exhausted” and felt he was no longer fit to continue in the profession he loved so much.

Jim Larrañaga stepped down as Miami men’s basketball coach Thursday, resigning less than two years after he led the school to its first Final Four appearance. He announced the decision during a news conference at Watsco Center in Coral Gables, Florida, where the team plays.