Tony Dungy announces retirement

UPDATE, 5:33 p.m. -- Tony Dungy announces in a news conference that he will step down after seven seasons as head coach of the Indianapolis Colts.
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UPDATE, 4:17 p.m. -- Colts cornerback Marlin Jackson told ESPN's  "SportsCenter" that Tony Dungy met with players, including Jackson, on Monday to tell them he was retiring.

"I let him know how great it was to play for him and what respect I have for him," Jackson is quoted as saying.

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Former Tampa Bay Buccaneers coach Tony Dungy will step down as head coach of the Indianapolis Colts, according to Jay Glazer of FOXSports.com.

The Colts have scheduled a 5 p.m. news conference, presumably to announce Dungy's resignation.

Citing unnamed sources, Glazer reports that Dungy is saying goodbye to players and team employees at the team's headquarters and assuring them of a smooth transition under new coach Jim Caldwell.

Dungy reportedly mulled over the decision with his family and decided it was best to step down now, ''while the Colts' nucleus was still intact.''

(AP photo. Click to enlarge.)

Dungy gets lots of laughs on Letterman

Tony Dungy's tour to pitch his book "Quiet Strength" came to an end Tuesday night when the former Bucs coach traded jokes with the host during a taping of "Late Show with David Letterman" in New York. Read the story from IndyStar.com.

Maybe Dungy will read the top 10 list

Tony Dungy is scheduled to appear on the Late Show with David Letterman tonight (11:30, Ch. 10) to discuss his memoir, Quiet Strength: The Principles, Practices & Priorities of a Winning Life.

Dungy's book hits stores Tuesday

Tony Dungy Book stores Tuesday will have the former Bucs coach's highly anticipated memoir, Quiet Strength: The Principles, Practices, & Priorities of a Winning Life.

You can catch the Super Bowl winner on Good Morning America on Tuesday and the Tonight Show with Jay Leno on Wednesday. His book tour doesn't hit Tampa until July 17 at Borders.