Jay Glazer of Foxsports.com reports that Tony Dungy will retire from coaching. Sources have told Glazer that Dungy is making the rounds at the Colts complex and saying his good-byes.

Dungy is holding a 5 P.M. press conference today, where he is expected to make his official announcement.

Dungy finishes his head coaching career with a 92-33 record and a Super Bowl victory. He also made the playoffs in each of his seven seasons as coach of the Colts.

Micah Warren is a sports writer from New York and the founder of Blast's sports section and the Off the Record sports blog.