Syracuse, N.Y. — Jim Boeheim will spend three more years on the sidelines before retiring as part of an agreement between the Hall of Fame coach and Syracuse officials.

Syracuse officials made the announcement in the wake of the NCAA's penalties against the SU basketball program, which were announced less than two weeks ago.

The move comes on the heels of Wednesday's announcement that Daryl Gross is out as Syracuse athletic director.

The announcement marks the first time that Boeheim and SU officials have put an actual date on his retirement.

Boeheim will speak to the media at 10 a.m. Thursday.

Boeheim, 70, will enter next season with a career record of 858 wins and 333 career losses. He lost 108 coaching victories as part of the NCAA's penalties. Boeheim was second on the NCAA's all-time wins list before the NCAA penalties were announced. He now ranks sixth.

Boeheim will be forced to sit out nine games next year. The NCAA's penalties stated that Boeheim will be suspended for Syracuse's first nine ACC games. Boeheim's continued presence on the SU sidelines means long-time assistant Mike Hopkins will continue in that role. Hopkins, a former SU player, has been on Boeheim's staff since 1995. Hopkins has long been designated as Syracuse's head coach-in-waiting.

Boeheim came to Syracuse University as a freshman in 1962. He played at SU from 1962 to 1966. He later worked as an assistant before becoming the head coach in 1976, stepping into the job after Roy Danforth left Syracuse for Tulane.

Boeheim took a winning program — Syracuse had been to four consecutive NCAA tournaments including the 1975 Final Four prior to his taking the job — and turned it into a national powerhouse. Syracuse went 100-18 in his first four years.

In 1979, Syracuse joined the Big East Conference. Two years later, the Carrier Dome opened. Soon thereafter, Boeheim was luring standout recruits such as Pearl Washington, Derrick Coleman and Billy Owens to Syracuse.

Syracuse went to four Final Fours and won the 2003 NCAA championship under Boeheim. But the SU program also endured two investigations. Syracuse was banned from the 1993 NCAA tournament and this February, the university self-imposed a postseason ban this year ahead of the NCAA's announcement. Those are the only two years in Boeheim's 39-year coach that Syracuse did not appear in either the NCAA or NIT tournaments.