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Villanova's Jay Wright officially announces retirement, releases statement

Villanova coach Jay Wright has officially retired following multiple reports Wednesday evening that the two-time national championship-winning Wildcat head coach was stepping down from his position just over seven months after being enshrined into the Naismith Memorial Basketball Hall of Fame.

The legendary coach released a statement confirming the news late Wednesday.

The Wildcats are targeting Fordham head coach Kyle Neptune as his likely successor. Reports emerged on the new hiring directly after news of Wrights retirement spread throughout social media.