UTEP men's basketball coach Tim Floyd announced his retirement immediately after a loss to Lamar on Monday night.
Monday's loss dropped the Miners to 1-5 this season.
"It would have happened even if we were 5-1. It's that time," Floyd said. "I've had a lot of fun, but it's time for someone else to get to have this fun."
Phil Johnson, the former San Jose State coach who has served on Floyd's staff in the NBA and at three colleges, has been named the interim head coach, UTEP announced Tuesday.
Floyd, 63, had been coach of the Miners since 2010. He previously served as USC's head coach from 2005 to 2009, when he resigned amid an NCAA investigation after O.J. Mayo was provided improper benefits. Floyd denied any wrongdoing.
As for what comes next, Floyd said he isn't sure.
"I'm officially retired. I'm looking forward to whatever life brings," Floyd said. "I'm going to try and have some fun, and I don't know what that means. We'll figure it out."
Floyd also coached two NBA franchises -- the Chicago Bulls from 1998 to 2001 and the New Orleans Hornets in 2003-04.
Floyd was 138-98 in seven-plus seasons at UTEP and leaves college coaching with a 465-279 career mark. He went to eight NCAA tournaments in 23 seasons as a college head coach. His career mark in the NBA was 90-231.
Johnson was an assistant on Floyd's staff with the Bulls as well as New Orleans, USC and UTEP. He has coached in nine NCAA tournaments and two Final Fours.
"I'm going to talk to the team," Johnson said in a statement released by UTEP on Tuesday. "I think we have some possibilities. I think we have talent in here. We have a losing record, but we don't have any losers on our team. We have good coaches. We'll all do this together. We're going to figure out a way to get the most out of this team."
UTEP last week named Jim Senter its new athletic director.