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MINNEAPOLIS - What was widely reported is now official.

Rick Adelman is done as coach of the Minnesota Timberwolves.

Team President Flip Saunders made the announcement Monday morning at a season-ending news conference, followed by a few words from Adelman himself.

"It's time for me to step aside," the NBA coaching veteran told a room full of reporters. "There's a sadness because its been your life...but there's also a relief."

It was widely speculated that Adelman would make the decision to retire mostly due to the health struggles suffered by his wife Mary Kay, who began having seizures last season. But clearly losing took its toll on the coach as well. The Wolves made progress this season but missed out on the playoffs again, despite adding shooting guard Kevin Martin and improving other positions on the team's bench.

"When you lose more than half your games, it's going to wear on you," Adelman admitted. "Maybe a new voice at the coaching position would be good...it's just time."

While he will no longer be coaching, Adelman will remain with the Wolves as a consultant.

Adelman ranks eighth all-time in NBA coaching wins with a 1042-749 (.582 winning percentage) career record in 23 seasons as a head coach. Adelman took over a Wolves team prior to the 2011-12 campaign that had won 15 and 17 games the previous two seasons, and won 26, 31 and 40 games under his leadership. With a win over Detroit on April 6, 2013, Adelman became the eighth NBA head coach to record 1,000 wins in a career. By reaching the milestone in his 1,703rd NBA game, Adelman became the fifth-fastest NBA head coach to win 1,000 NBA games.

"Coach Adelman is truly one of the greatest coaches in our game's history, and he has helped restore credibility and respectability to the Timberwolves franchise through what he stands for both on and off the court," said Timberwolves President of Basketball Operations Flip Saunders. "He has impacted the NBA with his offensive vision and influenced the philosophies of many coaches in the league. I wish Rick and Mary Kay the very best in their future, and look forward to his continued contributions to the Timberwolves organization."

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