UPDATED 4:28 p.m. - Mack Brown addressed the media Sunday afternoon to discuss his decision to step down as head coach of Texas, saying the decision was his and made for the good of the university.
Mack Brown announced on Saturday night he will resign as the head football coach at Texas after the Longhorns play Oregon in the Alamo Bowl later this month.
The Longhorn Network first reported Brown's resignation on Saturday night.
Brown issued a statement on Saturday night which read as follows:
"Sally and I were brought to Texas 16 years ago to pull together a football program that was divided. With a lot of passion, hard work and determination from the kids, coaches and staff, we did that. We built a strong football family, reached great heights and accomplished a lot, and for that, I thank everyone. It's been a wonderful ride.
"Now, the program is again being pulled in different directions, and I think the time is right for a change. I love The University of Texas, all of its supporters, the great fans and everyone that played and coached here. I can't thank DeLoss Dodds enough for bringing our family here, and Bill Powers and the administration for supporting us at a place where I have made lifelong friendships.
"It is the best coaching job and the premier football program in America. I sincerely want it to get back to the top and that's why I am stepping down after the bowl game. I hope with some new energy, we can get this thing rolling again."
Brown had been rumored to be out as the Texas coach as early as September, when the Longhorns struggled in losses to Brigham Young and Mississippi.
Brown fired defensive coordinator Manny Diaz and hired former Texas defensive coordinator Greg Robinson to replace him.
The change sparked the Longhorns, as they upset Oklahoma, and got into contention to win the Big 12 championship.
But UT lost to Oklahoma State, then on the final day of the regular season lost to Baylor, when a win over the Bears would have given Texas the outright conference title.
Brown won two Big 12 championships at Texas, and the national championship in 2005.
Texas played in the national title game again for the 2009 season, but lost to Alabama, and the Texas football fortunes began to slide following that loss.
Texas was just 18-17 the last four years in regular season conference games, losing three times to Oklahoma, and three straight home games to Oklahoma State.
Brown coached 16 years at Texas, going 158-47, just nine wins short of Darrell Royal's Texas career record for wins.
Who Texas will hire as their new head coach is a wide open question at the moment.
Alabama head coach Nick Saban just agreed to a multi-year extention of his contract on Friday, and said on Saturday he never seriously considered leaving for Texas.
OSU head coach Mike Gundy was mentioned as a possible candidate by ESPN's Brett McMurphy on Saturday night.
Whoever Texas hires, he will have to get on the recruiting trail immediately and not leave the Longhorns with a poor signing class for 2014.