Hall of Famer Steve Yzerman is resigning as general manager of the Tampa Bay Lightning, a person with knowledge of the move told USA TODAY Sports.

Yzerman will remain with the Lightning as senior advisor to the general manager, according to the person who requested anonymity because he was not authorized to discuss the change publicly.

Julien BriseBois will be named general manager, the person said.

The Lightning are scheduled to hold a news conference at 4 p.m. ET.

Yzerman, 53, is one of the league’s most respected general managers, known for his aggressiveness in player acquisition. He will be leaving a team considered to be among Stanley Cup favorites.

BriseBois has been on the list of rising assistant GM stars for the past few seasons.

A legendary Detroit Red Wings player, Yzerman still has a home in the Detroit area. He has spent considerable time in both Tampa and Detroit since becoming the Lightning general manager in 2010.

Because he is a fan favorite, the idea of Yzerman returning to Detroit as a member of Red Wings management is frequently discussed by fans on social media. However, the rebuilding Red Wings recently gave general manager Ken Holland a contract extension.